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FEES 4 Annex 9 Periodic fees in respect of securitised derivatives for the period from 1 April 2008 to 31 March 2009

R

1Part 1

This table shows the fee amount applicable to firms and market operators in respect of certain securitised derivatives.

For the purposes of this Annex relevant contractsare all transactionsentered into by firms in securitised derivatives entered into on or settled through LIFFE or Eurex Clearing AG, and the relevant period is 1 January 2007 to 31 December 2007 inclusive.

The fee shown in the table below for firms (but not for market operators) will be subject to a deduction of 1.4%, as if that fee were a periodic fee charged under FEES 4.3.3 R, and the deduction were a deduction set out in Part 2 of FEES 4 Annex 2 R.

Fee amount for firms

Number of relevant contracts entered into by the firm during the relevant period

Fee amount

0 - 100

£0

101 - 1,000

£150

1,001 - 100,000

£700

100,001 - 1,000,000

£1,900

1,000,001 - 5,000,000

£4,800

5,000,001 - 20,000,000

£8,800

>20,000,000

£13,400

Fee amount for market operators

Market operators providing facilities for trading in securitised derivatives that do not identify those using an International Securities Identity Number.

£10,000