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Intercontinental Exchange Statement Regarding No Intention to Make an Offer for London Stock Exchange Group Plc (“LSEG”)

ATLANTA & NEW YORK, May 04, 2016 (BUSINESS WIRE) -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Intercontinental Exchange, Inc. ICE, -1.51% a leading operator of global exchanges and clearing houses and provider of data and listings services, provided the following statement.

On March 1, 2016, Intercontinental Exchange, Inc. (“ICE”), announced under Rule 2.4 of the City Code on Takeovers and Mergers ()Code”) that it was considering making an offer for LSEG.

Following due diligence on the information made available, ICE determined that there was insufficient engagement to confirm the potential market and shareholder benefits of a strategic combination. Therefore, ICE has confirmed that it has no current intention to make an offer for LSEG.

For the purposes of Rule 2.8 of the Code, ICE reserves the right to make or participate in an offer for LSEG (and/or take any other actions which would otherwise be restricted under Rule 2.8 of the Code) within the next six months...


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