ICAP Announces Management Change

ICAP Announces Management Change

London, 15th October 2010 - ICAP, the world's premier interdealer broker, announced today that the ICAP Board proposes to appoint Iain Torrens to the position of Group Finance Director, subject to FSA approval. Iain has been Group Financial Controller at ICAP plc, since July 2008. Iain joined the firm in 2006 having previously been Deputy CFO at CP Ships Ltd, a NYSE/ TSX listed company.

ICAP also announces that Group Finance Director, Matthew Lester will be leaving the company, after a suitable handover period but in any case no earlier than after the publication of ICAP's half year results on the 17th November 2010. Matthew will be joining the Royal Mail Group, a company with revenue of over £9 billion and more than 166,000 employees, as Chief Financial Officer.

Michael Spencer, Group CEO, ICAP plc said:

"I would like to thank Matthew for his strong contribution to ICAP over the last four years and wish him all the very best with his next endeavour. I would also like to welcome Iain to the senior management team. Iain brings business leadership, financial acumen, and a deep knowledge of the business to the role. We are looking forward to working together as we continue to strengthen and grow our business and deliver long term shareholder value."

No further information is required to be disclosed pursuant to LR 9.6.13 R.

Contacts

Mike Sheard Director of Corporate Affairs +44 (0) 20 7050 7103

Alexandra Umpleby Head of Media Relations +44 (0) 20 7050 7104

Alex Dee Head of Investor Relations +44 (0) 20 7050 7123

About ICAP

ICAP is the world's premier interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com