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Merger Update

21st Dec 2006 16:00

Office of Fair Trading21 December 2006 Merger Update: The OFT has decided, on the information currently available to it, that arelevant merger situation, under the provisions of the Enterprise Act 2002, hasnot been created in the following merger: Anticipated acquisition by Derwent Valley Holdings plc of London MerchantSecurities plc The text of this decision will be placed on the Office of Fair Trading's website at www.oft.gov.uk and will also appear in the Office's Weekly Gazette assoon as is reasonably practicable. This information is provided by RNS The company news service from the London Stock Exchange

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