Oslo Børs to migrate to the Millennium Exchange trading platform

Millennium Exchange is a flexible, highly scalable trading platform with an ultra low latency, offering low-cost solutions to exchange businesses around the world.

- Latency has become an ever more important factor for market participants, and the implementation of Millennium Exchange will strengthen the competitive position of Oslo Børs. The system is very flexible, which will make it easier for Oslo Børs to implement changes to respond to market developments, says Mr. Anders Brodin, Deputy CEO and Head of Market Places at Oslo Børs.

- The London Stock Exchange migrated to Millennium Exchange earlier this year and after a successful migration the system has been very well received by the members of LSE. This makes us confident that the Millennium Exchange is the right choice for Oslo Børs, says Brodin.

- We are delighted that Oslo Børs has chosen Millennium Exchange for its trading platform. The Millennium platform will bring world beating latency, with a flexible system that can evolve as Oslo Børs develops its business, says Mr. Tony Weeresinghe, CEO of MillenniumIT at London Stock Exchange Group.

A timetable for the implementation of the migration will be confirmed in due course.

Background:
In March 2009 Oslo Børs and LSEG entered into a strategic partnership to co-operate across their equities, fixed income and derivatives market. As a part of this agreement Oslo Børs has used trading technology from the LSEG since 2010.

For more information, please contact
Per Eikrem, SVP Corporate Communications, Oslo Børs, tel. +47 22 34 17 40 or +47 930 60 000.

About Oslo Børs:
Oslo Børs offers the only regulated markets for securities trading in Norway providing a full product range including equities, ETPs, derivatives and fixed income instruments. Oslo Børs is part of the Oslo Børs VPS Group which consists of the four companies Oslo Børs, VPS, Oslo Clearing and Oslo Market Solutions. The group offers marketplaces for listing and trading in securities, registration of ownership and clearing and settlement of securities in Norway, market data and on-line solutions.

For more information, please visit www.oslobors.no and www.osloborsvps.no

About MillenniumIT:
MillenniumIT is a leading innovative trading technology firm. MillenniumIT’s systems are used by exchange businesses around the world including, Turquoise, ICAP, the London Metal Exchange and a series of emerging market exchanges. MillenniumIT's suite of capital market products include; Millennium Exchange, an ultra low latency, highly scalable trading platform; Millennium SOR, a smart order router; Millennium Surveillance, a market surveillance and regulatory compliance system; and Millennium Depository, providing integrated clearing, settlement and depository functions. Founded in 1996, and headquartered in Colombo, Sri Lanka, MillenniumIT was acquired by the international diversified exchange business London Stock Exchange Group in October 2009.

About London Stock Exchange Group:
London Stock Exchange Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets. The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.