Response to Statement of Objections from the EC

Response to Statement of Objections from the European Commission

The Company today received a Statement of Objections from the European Commission (EC), alleging that ICAP acted as a facilitator to breaches of EU competition law by certain banks in relation to Yen Libor for isolated periods between 2007 and 2010. These allegations relate to the same underlying matters that ICAP Europe Ltd, one of the Group's Global Broking subsidiaries, settled with the FCA and CFTC in September 2013. ICAP does not believe that it has breached any applicable EU competition law, and will defend itself against these allegations vigorously.