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March 2008

CONTENT (Click on Title to view Article)

Cooperations Eurex Plans to Increase Stake in European Energy Exchange

Equity Derivatives 20 New Single Stock Futures on MDAX® and TecDAX® Components

Equity Index Derivatives CFTC Approves Further Eurex Futures for Trading in the U.S.

Interest Rate Derivatives New Designated Market-Making Scheme for Euro-Buxl® Futures

Inflation Derivatives Hedging Using Euro-Inflation Futures: A Practical Example

Cooperations OSE and ISE Plan to Launch New Options Platform

Eurex Repo New Open and Variable Repo Contracts Offer More Flexibility in Repo Trading

Market Trends Mutual Recognition in the U.S. in Progress

Events Apr/May

Education Apr/May

Key Figures Feb February 2008 With 179 Million Contracts Traded

Eurex Monthly Statistics March 2008 Interest Rate Derivatives Equity Index Derivatives - Equity Index Futures - Equity Index Options Equity Derivatives - Single Stock Futures - Equity Options Credit Derivatives Volatility Index Derivatives Inflation Derivatives Exchange Traded Funds® Derivatives Eurex Total Xpand März 08 E 18.03.2008 18:39 Uhr Seite 1

March 2008

Eurex Plans to Increase Stake in European Energy Exchange

Eurex has entered into agreements to increase its stake in the European Energy Exchange AG CONTENT (EEX) by up to 20.85 percent to then 44.07 percent for a consideration of EUR 55.15 million. Cooperations This move underscores the strategic partnership of EEX and Eurex. Eurex Plans to Increase Stake in European Energy Exchange (1) Eurex plans to acquire 3.46 percent of EEX’s own shares for EUR 9.15 million, translating into Equity Derivatives EUR 6.60 per share. In addition, Eurex has entered into a purchase agreement with Nord Pool ASA to acquire the 17.39 percent stake Nord Pool holds in EEX for a consideration of EUR 46 million 20 New Single Stock Futures or EUR 6.60 per share. Under the pre-emption rights laid out in the consortium agreement, Nord on MDAX® and TecDAX® Pool is obligated to offer the shares on a pro rata basis also to other EEX shareholders. Against Components (2) this background Eurex will acquire at least 38 percent of Nord Pool’s stake. Both transactions are Equity Index Derivatives expected to be closed in the second quarter 2008 and are subject to approvals from Supervisory CFTC Approves Further Eurex Boards of Eurex and Deutsche Börse AG, as well as the Executive Board and Supervisory Board Futures for Trading in the U.S. (3) of Swiss Financial Market Services AG and the German Federal Cartel Office. Additionally, the Interest Rate Derivatives acquisition of the Nord Pool stake requires the approval of the EEX Supervisory Board.

New Designated Market-Making Eurex currently holds 23.22 percent of EEX’s share capital, following the merger of Eurex subsidiary Scheme for Euro-Buxl® Futures (4) EEX with Leipzig Power Exchange (LPX) back in early 2002. Since the cooperation’s launch Inflation Derivatives on December 5, 2007, Eurex participants have direct access to the EEX order book for trading Hedging Using Euro-Inflation futures on EU emission allowances (EUA Futures). Thanks to the cooperation, EEX volumes have Futures: A Practical Example (5) strongly increased: in February 2008, the daily average volume was roughly 275,000 EUAs, Cooperations compared with about 12,000 EUAs in February 2007. On March 3, 2008, a new daily record was achieved with 1,096,000 EUAs. OSE and ISE Plan to Launch New Options Platform (7) The cooperation has the potential to create the largest international network for emissions trading, Eurex Repo in which the two partners address approximately 600 trading member firms from the energy sector New Open and Variable Repo and financial institutions. As of March 26, 2008, the partners will make futures on CERs (Certified Contracts Offer More Flexibility Emission Reductions) available to their mutual customer base. CERs are globally tradable emission in Repo Trading (8) credits in accordance with the Kyoto Protocol. Market Trends For further information, please refer to the Eurex and EEX websites at www.eurexchange.com Mutual Recognition in the U.S. and www.eex.com, respectively; or contact Manuela Arbuckle, Eurex Frankfurt AG, on in Progress (8) T +44-20-78 62-72 26, e-mail: [email protected] or Tim Greenwood, Events Apr/May (9) European Energy Exchange AG, on T +49-341-21 56-212, e-mail: [email protected]. Education Apr/May (10)

Key Figures Feb (insert)

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EQUITY DERIVATIVES

20 New Single Stock Futures on MDAX® and TecDAX® Components

On March 3 and 10, 2008, Eurex launched nine futures on MDAX® components plus eleven futures on constituents of the TecDAX®, thus adding a total of 20 new Single Stock Futures to its product portfolio. In addition, Eurex also extended the trading hours for OTC Block Trades in Single Stock Futures, while the new “Bulk Load Tool” adds efficiency to futures trading in the over-the-counter market.

Hence, Eurex market participants can now trade Single Stock Futures on a total of roughly 570 stocks from 17 different countries. Overall, the segment enjoys strong demand, with increasing trading volumes (see graph below). This is not least due to the growing popularity of both 130/30 and pairs trading strategies, where cash-settled Single Stock Futures fit perfectly.

Eurex Single Stock Futures: Turnover & Open Interest (Daily Average)

Jan 06 Jul 06 Jan 07 Jul 07 Jan 08

700 7.0

650 6.5

600 6.0

550 5.5

500 5.0

450 4.5

400 4.0

350 3.5

300 3.0

250 2.5

200 2.0

150 1.5

100 1.0

50 0.5

Traded Contracts (in Thousands) Open Interest (in Millions)

During the first two months of 2008, a total of 10.2 million contracts in Single Stock Futures changed hands at Eurex, up 74 percent from the same period of last year (5.9 million contracts).

Meanwhile, since March 3, OTC Block Trades in Single Stock Futures can be executed for a full hour longer, that is until 19:30 CET. With this extension, Eurex has complied with the request from numerous market participants.

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Bulk Load Tool Boosts Efficiency in Wholesale Block Trading for Futures With the new Bulk Load Tool for the OTC Block Trade Entry, Eurex provides another enhancement for operations in OTC Block Trades. This function enables the import of multiple OTC Block Trades in futures directly from a file in CSV format into the Eurex® system.

For detailed contract specifications of the new Single Stock Futures, please refer to the Eurex website at www.eurexchange.com > Trading > Products > Equity Derivatives. Instructions and an import template for the Bulk Load Tool can be found following www.eurexchange.com > Trading > Market Model > Wholesale Trading > Block Trades. In case of questions, please feel free to contact Dr. Weiwei Wang on T +49-69-211-172 62, e-mail: [email protected].

EQUITY INDEX DERIVATIVES

CFTC Approves Further Eurex Futures for Trading in the U.S.

The U.S. regulatory agency, the Commodity Futures Trading Commission (CFTC), has approved further Eurex products for direct trading from the U.S. As a result, futures on the Dow Jones STOXX® Large 200 Index and Dow Jones STOXX® Small 200 Index have been tradable in the U.S. since February 6, 2008, alongside futures on six sector indexes from the Dow Jones STOXX® 600 family.

Since July 2007, U.S.-based market participants have been able to trade futures on the Dow Jones STOXX® Mid 200 Index at Eurex. This offer is now complemented by futures on the two size indexes Dow Jones STOXX® Large 200 (F2LA) and Dow Jones STOXX® Small 200 (F2SM).

The newly approved Dow Jones STOXX® 600 Sector Index Futures cover the insurance (FSTI), media (FSTM), utilities (FSTU), travel & leisure (FSTV), personal & household goods (FSTZ), as well as industrial goods & services (FSTG) sectors, adding to the range of Dow Jones EURO STOXX® Banks Futures (FESB) and Dow Jones STOXX® 600 Banks Futures (FSTB) already available to U.S. customers since April 2002.

So far, U.S. customers have already been able to trade a range of Eurex’s benchmark products, including futures on the Dow Jones EURO STOXX 50® Index and the German DAX®, as well as the Euro-Schatz, Euro-Bobl, Euro-Bund and Euro-Buxl® interest rate futures.

The U.S. is one of Eurex’s most important markets. The share of trading volumes in CFTC-approved index products generated directly in the U.S. – relative to the total number of contracts traded in these products – has reached peaks of approximately 23 percent. With the approval of further futures now reached, U.S. participants are enjoying new trading and diversification opportunities across Europe.

For detailed product information, please refer to the Eurex website at www.eurexchange.com > Trading > Products > CFTC-approved Products. In case of further questions, please feel free to contact Christine Heyde on T +49-69-211-156 98, e-mail: [email protected].

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INTEREST RATE DERIVATIVES

New Designated Market-Making Scheme for Euro-Buxl® Futures

On March 10, 2008, Eurex has launched a new Market-Making scheme for Euro-Buxl® Futures. The new program is to substantially enhance liquidity in the futures contracts based on 30-year German government bonds.

In their capacity as Designated Market Makers, Eurex participants agree to quote streaming two- way prices (quotes) for a specified minimum number of contracts during a set period of time, each subject to a maximum bid/ask spread. Designated Market Makers satisfying these requirements will get a refund from Eurex, covering all trading and clearing fees accruing on contracts that have been concluded on a Market Maker account. In addition, they will each receive monthly payments in 2008 and a share in revenue in 2009, with levels depending on their respective trading share within the group of Designated Market Makers. The payments and revenue share will be granted on con- dition that a certain trading volume is reached on a daily basis. The incentive program for Designated Market Makers will be valid from March 10 through December 31, 2008.

Significant Liquidity Boost Expected The scheme is aimed at markedly enhancing both liquidity and volumes in Euro-Buxl® Futures, targeting an inside market of 40 to 50 contracts along with a maximal spread of three ticks. The expected liquidity boost will enable further firms to trade at Eurex. By the end of 2008, daily trading volumes are expected to be averaging 10,000 contracts or 1,000 transactions, with Eurex striving for 25,000 contracts by the end of 2009.

Open Interest Exceeding 50,000 Contracts The Euro-Buxl® Future is currently the only 30-year bond futures contract available in Europe. Since its launch on September 9, 2005, more than 3.3 million contracts have been traded. The daily average of more than 6,200 contracts reached in 2007 represents an increase of 26 percent over the previous year. The number of transactions concluded over the last year averaged more than 750 per day, with open interest increasing from an average of 30,000 contracts at the end of 2006 to 50,000 contracts at the end of 2007. Meanwhile, the roll-over dates were underpinned by buoyant trading activity and liquidity, as well as strong market depth in the calendar spreads. So far, a total of more than 90 companies, end customers, banks and proprietary trading firms have participated in the Euro-Buxl® Futures market.

For more information, please feel free to contact Nadja Urban on T +49-69-211-151 05, e-mail: [email protected].

Your feedback is important to us. Do you have any comments or suggestions on our newsletter? Please send an e-mail to: [email protected]

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INFLATION DERIVATIVES

Hedging Using Euro-Inflation Futures: A Practical Example

Zero-coupon inflation swaps, in addition to asset swaps and year-on-year inflation swaps, represent the most frequently traded and most liquid over-the-counter (OTC) derivatives. The following example illustrates how zero-coupon inflation swaps can be efficiently hedged using Euro-Inflation Futures.

A zero-coupon inflation swap typically involves the exchange of a fixed coupon against payments linked to a particular inflation rate. Such an inflation rate is calculated based on the movements in the Harmonized Index of Consumer Prices (HICP) of the Eurozone excluding tobacco over a certain period of time. While the fixed coupon is already known at the time of entering into a swap trans-

action, alongside the HICP (t 0), inflation-based final cash flows only arise on the swap’s final maturity date (t) – along with the publication of the consumer price index.

Zero-coupon inflation swaps involve a single cash flow at the end of their term; their value during their term is in line with the development of the underlying consumer price index. In contrast, year-on-year inflation swaps are subject to payment on a yearly basis, while the underlying indexes to measure inflation are also calculated annually.

A trader entered into a zero-coupon inflation swap with a notional amount of EUR 10 million, value dated July 16, 2003, obligating him to pay inflation over a five-year term, based on the difference of the HICP June 2003 against June 2008. In return, the trader will receive a fixed coupon of two percent.

Payment for zero-coupon inflation swaps is exchanged only at maturity, with the fixed side typically involving a fixed sum and the floating side the equivalent of the inflation rate accumulated over the respective term. The cash flow of a zero-coupon inflation swap is determined as follows:

Floating side (inflation): HICP(t) / HICP(t0) – 1 Notional n Fixed side (fixed coupon): (1 + Fixed Rate) – 1 Notional, with n = t – t0 = swap maturity in years

At the time of the swap transaction, the applicable reference index (see box on page 7) was the HICP excluding tobacco for June 2003 (at 96.20), published by Eurostat in July 2003. As for the HICP in June 2008, a level of approximately 107.20 is currently priced into the market. Assuming a fixing of the HICP at 107.20 in mid-June 2008, this will result in the following swap cash flow:

Cash flow (inflation): 107.20(June 2008)/ 96.20(June 2003) – 1 = 11.43% = EUR –1,143,451.14 Cash flow (fixed): (1+2.00%)5 – 1 = 10.41% = EUR +1,040,808.03 Balance = EUR –102,643.11

Specifically, this means that, with this transaction notionally worth EUR 10 million, the swap trader incurs an obligation to pay EUR 102,643.11 on July 16, 2008. With this position on his books, the trader wishes to hedge against a stronger increase in inflation – being tantamount to an increase in the HICP – as early as today. If the HICP rose by ten basis points, the amount to be paid from the swap would change as follows:

Cash flow (inflation): 107.30(June 2008) / 96.20(June 2003) – 1 = 11.54% = EUR –1,153,846.15 Cash flow (fixed): (1+2.00%)5 – 1 = 10.41% = EUR +1,040,808.03 Balance = EUR –113,038.12

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Hence a ten basis point increase in the HICP leads to a change in cash flow from the swap transaction by EUR 10,395.011, to be paid by the trader.

The risk resulting from an increase in the index as outlined above can be hedged using Eurex Euro- Inflation Futures. What needs to be done first, is to calculate the sensitivity to a ten basis point change for the July 2008 Euro-Inflation Futures contract:

Final Settlement Price Jul08: 100 – 100 (107.20(June 2008) / 104.14(June 2007) – 1) = 97.0616 Final Settlement Price Jul08: 100 – 100 (107.30(June 2008) / 104.14(June 2007) – 1) = 96.9656 Difference = 0.096

Every change in the HICP by ten basis points will result in a price change for the July 2008 futures contract of 9.6 ticks, or EUR 960. In order to hedge his position and the swap’s fixing risk against a further rise of the HICP, the trader must sell eleven contracts (EUR 10,395.01: EUR 960.00 = 10.83) of the July 2008 Euro-Inflation Future at 97.06 each.

On July 17, 2008, Eurostat will publish the HICP ex tobacco – for the purpose of this example, we assume a price level of 107.60. The Final Settlement Price for the July 2008 futures contract is calculated based on the published HICP as well as the relevant index level from June of last year (i.e. 104.14):

Final Settlement Price Jul08: 100 – 100 (107.60(June 2008) / 104.14(June 2007) – 1) = 96.6775

From the eleven contracts involved, the trader receives a positive cash flow of:

11 contracts 38.25 ticks (97.06 – 96.6775) EUR 100 (tick value) = EUR 42,075.00

The assumed fixing of the HICP for June 2008 at 107.60 results in the following payments for the zero-coupon inflation swap:

Cash flow (inflation): 107.60(June 2008) /96.20(June 2003) – 1 = 11.85% = EUR –1,185,031.19 Cash flow (fixed): (1+2.00%)5 – 1 = 10.41% = EUR +1,040,808.03 Balance = EUR –144,223.16

With the index level at 107.60, the trader incurs an obligation from the swap transaction to pay EUR 144,223.16 on July 16, 2008. His overall cash flow has changed by EUR 41,580.652. At the same time, the trader receives EUR 42,075 from his hedge position based on the eleven Euro-Inflation Futures contracts, allowing him to fully offset his potential loss.

Trading, clearing and settlement of the new Eurex inflation futures are based on internationally recognized standards, enjoying the benefits typically associated with Eurex: high liquidity, thanks to a large number of market participants, along with cost-efficient straight-through processing and counterparty risk elimination through Eurex Clearing AG.

1 EUR 10,395.01 is the result of deducting EUR –102,643.11 from EUR –113,038.12. 2 EUR 41,580.65 is the difference of EUR –144,223.16 from EUR –102,642.51.

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Discourse: Reference Price Determination The reference price is determined and published by the Statistical Office of the European Communities, Eurostat. Determination takes place once a month, at the latest on the 18th calendar day following the end of the reference month (except for January, where the reference price is not published until the end of February). Eurostat also publishes a projection for the HICP at the end of each reference month, however, only with respect to the Eurozone’s overall index (that is HICP including tobacco). Further information from Eurostat, including historical data, is available from the website at http://epp.eurostat.ec.europa.eu > HICP.

For any further information, please feel free to contact Nadja Urban on T +49-69-211-151 05, e-mail: [email protected] or Joachim Heinz on T +49-69-211-1 59 55, e-mail: [email protected]; or visit the Eurex website at www.eurexchange.com > Trading > Products > Inflation Derivatives.

COOPERATIONS

OSE and ISE Plan to Launch New Options Platform

On February 24, 2008, the Osaka Securities Exchange Co., Ltd. (OSE) and the International Securities Exchange Holdings, Inc. (ISE) announced that they have signed a Memorandum of Agreement (MOA), in which the two exchanges agreed to build a cooperative relationship as the first step towards the formation of a joint venture and the launch of a new, jointly owned trading platform that promises to revitalize the Japanese equity options market.

OSE’s track record of success in the Japanese market and their well-established relationships with both their customers and local regulators will complement ISE’s options market model and Market- Making structure. With the MOA now signed, ISE works with its partners at OSE and the Japanese Securities Industry to launch a new options trading platform.

The Osaka Securities Exchange Co., Ltd. is Japan’s largest derivatives exchange. In 2007, total trading volume of all derivative products hit the record high of nearly 109 million units, up about 79.6 percent compared to the previous year. This year is the 20th anniversary of the introduction of Nikkei 225 Futures, the flagship product of OSE.

For any further information on the Eurex/ISE merger, please visit the Eurex website at www.eurexchange.com; for more information about OSE, please visit www.ose.or.jp/e.

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EUREX REPO

New Open and Variable Repo Contracts Offer More Flexibility in Repo Trading

On March 17, 2008, Eurex Repo introduced the new contract types Open Repo and Variable Repo for GC and Special Repo trading. The new features add a new level of efficiency to daily trading.

For the first time market participants can trade a repo on open terms with all the benefits of the standard trading and clearing processes with Eurex Clearing AG acting as a central counterparty, therefore increasing trading flexibility and combining this with reduced risk.

Open Repo: Trading on Open Terms Open Repo contracts can be traded by simply agreeing on the front leg details and profit from the flexibility of changing the repo rates and closing dates at any time. The bilateral repo rate change functionality enables fast reaction to market movements and is operated with T+1 value date. Either party may close the open term on any trading day until 16:00 CET with T+2 value date for the term leg settlement. The closing alerts make sure that the respective counterparty is proactively informed. The repo rate change and closing requests can easily be entered in the “Own Trade Overview”.

Variable Repo: Trading on Variable Repo Rates The repo rate of a Variable Repo correlates with the public interest reference rate EONIA (daily fixing at 19:00 CET). The repo rates are priced as a spread in basis points to EONIA and are fixed for the lifetime of the Variable Repo trade. During the regular trading hours the calculation of the provisional term amount is based on the EONIA rate from the previous business day. In the event that the EONIA reference rate changes on the last day of the contract after end of business, Eurex Clearing AG initiates an adjustment of the settling amounts. Furthermore, market participants can use the combination of the two contract types. Whatever feature is suitable for their purposes, the application is easy to handle on the trading screen.

For any further information, please refer to the Eurex Repo website at www.eurexrepo.com or contact Gabriele Ristau on T +49-69-211-157 41, e-mail: [email protected].

MARKET TRENDS

Mutual Recognition in the U.S. in Progress

The so-called mutual recognition considered by U.S. Securities and Exchange Commission (SEC) promises to provide new trading opportunities for Eurex and its members to come out of the United States. Mutual recognition is the formal term for the process whereby securities and derivatives regulators recognize their international counterparts’ regulatory programs as being equivalent to their own.

Later this year the U.S. Securities and Exchange Commission is expected to announce a framework for recognizing selected European and other regulations and allowing among other things foreign exchanges to substitute their compliance with their domestic regulators for full registration in the U.S. 8 Xpand März 08 E 18.03.2008 18:39 Uhr Seite 9

Currently, Eurex offers U.S. residents the ability to trade directly interest rate futures and options while its equity-related products are restricted to index futures (please also see page 3).

These products are under the jurisdiction of the Commodity Futures Trading Commission which, in its own version of mutual recognition, has allowed foreign exchanges to operate trading terminals in the U.S. since 1996. Today, Eurex has 70 members in the U.S.

With the advent of a mutual recognition framework by SEC in the U.S., Eurex expects many more Eurex products will be available in the U.S. for trading. This means that U.S. residents will finally be able to trade Eurex equity index options alongside the currently tradable Eurex equity index futures. At least at first, mutual recognition will probably not extend to all Eurex options but will instead concentrate on the most actively traded DAX® and Dow Jones EURO STOXX 50® Options as well as options on equities whose primary listing is on the Frankfurt Stock Exchange.

For further information feel free to contact Heike Eckert, T +1-312-544-10 86, e-mail: [email protected].

EVENTS

Events and Conferences in April and May 2008 Location Date 2008 Europe-U.S. Symposium Weill Center, Armonk, New York April 03–05 14th Annual Hedge Fund Institutional The Fairmont Hotel, San Fransisco April 06–08 Investment Conference Hedge Funds World España 2008 Hotel Meliá Castilla, Madrid April 07–09 ACI Kongress 2008 Forum Messe Frankfurt, Frankfurt/Main April 11–13 EuroHedge Summit 2008 Palais de la Bourse, Paris April 16–17 17th Annual ISLA/RMA Conference on Hilton Prague Hotel, Prague May 06–09 International Securities Lending Using Derivatives in UCITS III Funds/ One Whitehall Place, London May 19–21 Risk Management Summit: The 3Ms of UCITS III Risk The Fact and Fallacy of Trading Volatility Bloomberg Auditorium, London May 23 Liquiditätsrisiken in Banken Seedamm Plaza Hotel, Pfäffikon, May 26–27 Switzerland

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EDUCATION

Capital Markets Academy in April and May 2008

Course April May Special Courses Eurex Clearing Fundamentals 02 London System Training Courses Eurex System Training Trading 02 Paris 07 London 14 London Eurex System Training Clearing 09 London 16 Paris Eurex Repo System Training CHF Repo Markt 01 Zurich 13 Zurich Examinations/Tests Eurex Exchange Trader Examination 22 London 20 London 24 Zurich 27 Paris 29 Paris Eurex Clearer Test 22 London 20 London 29 Paris 27 Paris

The Learning Portal of Deutsche Börse AG, www.deutsche-boerse.com/academy, gives you one-stop access to all Eurex training sessions and exams, T +49-69-211-13767, F +49-69-211-13763, e-mail: [email protected].

For Repo Training, please contact Eurex Repo Training, Selnaustrasse 30, 8021 Zurich, T +41-58-854-24 24, www.eurexrepo.com.

Visit our Webinars. Get an up-to-date overview at www.eurexchange.com > Education.

Published by Eurex Zürich AG www.eurexchange.com Eurex Frankfurt AG Selnaustrasse 30 Order Number Neue Börsenstraße 1 8021 Zurich E6E-003-0308 60487 Frankfurt / Main Switzerland ARBN Number © Eurex, March 2008 Germany Eurex Frankfurt AG ARBN 100 999 764

Deutsche Börse AG (DBAG), Eurex Frankfurt AG, Eurex Clearing AG (Eurex Clearing) as well as Eurex Bonds GmbH (Eurex Bonds) and Eurex Repo GmbH (Eurex Repo) are corporate entities and are registered under German law. Eurex Zürich AG is a corporate entity and is registered under Swiss law. U.S. Exchange Holdings, Inc. and International Securities Exchange Holdings, Inc. (ISE) are corporate entities and are registered under U.S. American law. Eurex Frankfurt AG (Eurex) is the administrating and operating institution of Eurex Deutschland. Eurex Deutschland and Eurex Zürich AG are in the following referred to as the “Eurex Exchanges”. All intellectual property, proprietary and other rights and interests in this publication and the subject matter hereof (other than certain trademarks and service marks listed below) are owned by DBAG and its affiliates and subsidiaries including, without limitation, all patent, registered design, copyright, trademark and service mark rights. While reasonable care has been taken in the preparation of this publication to provide details that are accurate and not misleading at the time of publication DBAG, Eurex, Eurex Bonds, Eurex Repo, the Eurex Exchanges and Eurex Clearing and their respective servants and agents (a) do not make any representations or warranties regarding the information contained herein, whether express or implied, including without limitation any implied warranty of merchantability or fitness for a particular purpose or any warranty with respect to the accuracy, correctness, quality, completeness or timeliness of such information, and (b) shall not be responsible or liable for any third party’s use of any information contained herein under any circumstances, including, without limitation, in connection with actual trading or otherwise or for any errors or omissions contained in this publication. This publication is published for information purposes only and shall not constitute investment advice respectively does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. This publication is not intended for solicitation purposes but only for use as general information. All descriptions, examples and calculations contained in this publication are for illustrative purposes only. Eurex offers services directly to members of the Eurex exchanges. Those who desire to trade any products available on the Eurex market or who desire to offer and sell any such products to others, should consider legal and regulatory requirements of those jurisdictions relevant to them, as well as the risks associated with such products, before doing so. Eurex derivatives (other than Dow Jones EURO STOXX 50® Index Futures contracts, Dow Jones STOXX 50® Index Futures contracts, Dow Jones STOXX® 600 Index Futures contracts, Dow Jones STOXX® Large/Mid/Small 200 Index Futures contracts, Dow Jones EURO STOXX® Banks Sector Futures contracts, Dow Jones STOXX® 600 Banks/Industrial Goods & Services/Insurance/Media/Personal & Household Goods/ Travel & Leisure/Utilities Sector Futures contracts, Dow Jones Global Titans 50SM Index Futures contracts, DAX® Futures contracts, MDAX® Futures contracts, Eurex interest rate derivatives, and Eurex inflation derivatives) are currently not available for offer, sale or trading in the United States or by United States persons.

Trademarks and Service Marks Buxl®, DAX®, eb.rexx®, Eurex®, Eurex Bonds®, Eurex Repo®, Euro GC Pooling®, Eurex Strategy WizardSM, FDAX®, FWB®, MDAX®, TecDAX®, VDAX®, VDAX-NEW®, Xetra® and XTF Exchange Traded Funds® are registered trademarks of DBAG. RDXxt® is a registered trademark of Wiener Börse AG (Vienna Stock Exchange). iTraxx® is a registered trademark of International Index Company Limited (IIC) and has been licensed for the use by Eurex. IIC does not approve, endorse or recommend Eurex or iTraxx® Europe 5-year Index Futures, iTraxx® Europe HiVol 5-year Index Futures and iTraxx® Europe Crossover 5-year Index Futures. Eurex is solely responsible for the creation of the Eurex iTraxx® Credit Futures contracts, their trading and market surveillance. ISDA® neither sponsors nor endorses the product’s use. ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc. SLI®, SMI®, SMIM®, SPI® and VSMI® are registered trademarks of SWX Swiss Exchange. STOXX®, Dow Jones STOXX® 600 Index, Dow Jones STOXX® Large 200 Index, Dow Jones STOXX® Mid 200 Index, Dow Jones STOXX® Small 200 Index, Dow Jones STOXX® TMI Index, VSTOXX® Index, Dow Jones EURO STOXX® Select Dividend 30 Index, Dow Jones EURO STOXX®/STOXX® 600 Sector Indexes as well as the Dow Jones EURO STOXX 50® Index and Dow Jones STOXX 50® Index are service marks of STOXX Ltd. and/or Dow Jones & Company, Inc. Dow Jones and Dow Jones Global Titans 50SM Index are service marks of Dow Jones & Company, Inc. The derivatives based on these indexes are not sponsored, endorsed, sold or promoted by STOXX Ltd. or Dow Jones & Company, Inc., and neither party makes any representation regarding the advisability of trading or of investing in such products.

The names of other companies and third party products may be trademarks or service marks of their respective owners. KEY FIGURES

Status as of February 29, 2008

February 2008 With 179 Million Contracts Traded

• Rise of traded contracts by 32 percent Futures) rose 18 percent to 30.3 million contracts after 25.6 million in February 2007. There is • Open interest reached 135.3 million contracts strong demand for Spanish equity options; turnover grew by 65 percent as against the previous • Equity index derivatives up 63 percent year-on-year month, reaching approximately 150,000 contracts. Single Stock Futures counted 3.6 million traded contracts (February 2007: 2.4 million). The international derivatives exchange Eurex traded 179 million contracts in February, an increase of 32 percent as against February 2007 (136 million contracts). The average daily turnover in The interest rate derivatives segment improved compared with the previous month but also February was 8.5 million contracts compared with 6.7 million in February 2007. Open interest year-on-year. In February 72 million contracts were traded compared to 70 million contracts in has increased further and reached a value of 135.3 million contracts at the end of February, as January and 63 million contracts in February 2007. The Euro-Bund Futures reached 28.3 million against almost 128 million at the end of January 2008. contracts, the Euro-Schatz Futures around 19.6 million contracts and the Euro-Bobl Futures around 16.8 million contracts. Equity index derivatives once again are the largest segment – the number of contracts traded was up by 63 percent year-on-year to 76 million (February 2007: 46.6 million). Dow Jones The International Securities Exchange (ISE), a subsidiary of Eurex since December 2007, totaled EURO STOXX 50® Index Options had their second-best month with around 32 million contracts at 73.3 million contracts in February, an increase of 44 percent year-on-year. This equals an (February 2007: 18 million). The equity derivatives segment (equity options and Single Stock average daily volume of 3.6 million contracts.

Total – Traded Contracts & Open Interest (in Millions): Feb 2007 – Feb 2008 European Yield Curve Overview – Most Active (25) Traded Contracts: February 2008

Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 246810122 4 6 8 10 20 30 Traded Open Orderbook Contracts Interest Volume ® 250 160 4.7 DJ EURO STOXX 50 Index Options 31,723,247 41,519,236 18.17% DJ EURO STOXX 50® Index Futures 30,267,912 2,601,616 89.86% 225 150 4.6 Euro-Bund Futures 28,312,688 1,423,090 92.38% Euro-Schatz Futures 19,571,112 2,384,256 90.43% 200 140 4.5 Euro-Bobl Futures 16,798,790 1,292,350 90.82% DAX® Options 7,654,186 9,745,953 38.54% 175 130 4.4 Allianz Options 4,598,929 9,798,064 40.48% DAX® Futures 3,713,497 242,616 95.42% 150 120 4.3 Options on Euro-Bund Futures 3,219,557 663,818 37.57% Deutsche Telekom Options 2,682,852 6,957,463 31.06% 125 110 4.2 Options on Euro-Schatz Futures 2,376,436 593,284 12.25% Options on Euro-Bobl Futures 1,875,929 464,885 9.14% 100 100 4.1 Münchener Rückversicherung Options 1,809,750 3,687,121 46.52% SMI® Futures Futures 1,287,794 387,070 83.20% 75 90 4.0 Deutsche Bank Options 1,244,496 2,030,210 42.13% UBS Options 1,150,868 2,015,262 66.67% 50 80 3.9 SAP Options 1,110,607 3,038,480 46.12% Nokia Options 1,052,560 3,639,278 46.27% 25 70 3.8 Schweizerische Rückversicherung Options 972,173 3,790,236 55.20% Daimler Options 769,039 2,790,041 53.36% Infineon Options 747,851 1,304,144 39.67% EURIBOR Euro Swap Novartis Options 694,053 1,762,651 51.55% Traded Contracts Open Interest Months to maturity Years to maturity Credit Suisse Group Options 692,636 1,606,629 66.05% Source: Bloomberg Commerzbank Options 682,468 1,082,455 64.26% Zurich Financial Services Options 678,524 1,500,897 55.35%

Volatility Indexes – FVDX, FVSM, FVSX (in Percent, at Day End): Eurex Liquidity Measure – DJ EURO STOXX 50® Index, DAX®, SMI®*, February 2008 Euro-Bund, Euro-Bobl, Euro-Schatz Futures* Monthly Key Market Information

Feb 01Feb 04 Feb 08 Feb 11Feb 15 Feb 18 Feb 22 Feb 25 Feb 29 Feb 01Feb 04 Feb 08 Feb 11Feb 15 Feb 18 Feb 22 Feb 25 Feb 29 Interest Rates (Main Refinancing) Rate (Month End) ECB Rate 4.00% 35 4.5 Fed Fund Rate 3.00% BoE Bank Rate 5.25% 34 Inflation Rate Rate (Previous Month End) 4.0 Eurozone (YoY) 3.20% 33 iTraxx® CDS Indexes Market Price (Month End) iTraxx® Europe 5Y 127.6229 32 3.5 iTraxx® HiVol 5Y 188.6147 iTraxx® Crossover 5Y 596.792 31 Equity Indexes Index (Month End) 3.0 Dow Jones EURO STOXX 50® Index 3,724.5 30 DAX® 6,748.13 SMI® 7,533.86 2.5 29 CTD Bond for Bond (Month End) Euro-Schatz Mar 08 DE0001137206 28 2.0 Euro-Schatz Jun 08 DE0001141463 Euro-Schatz Sep 08 DE0001135150 27 Euro-Bobl Mar 08 DE0001141513 1.5 Euro-Bobl Jun 08 DE0001135218 26 Euro-Bobl Sep 08 DE0001135234 Euro-Bund Mar 08 DE0001135317 25 1.0 Euro-Bund Jun 08 DE0001135317 Euro-Bund Sep 08 DE0001135333 24 Euro-Buxl® Mar 08 DE0001135325 0.5 Euro-Buxl® Jun 08 DE0001135325 23 Euro-Buxl® Sep 08 DE0001135325 CONF Mar 08 CH0015633453 CONF Jun 08 CH0006448424 ® ® FVDX (VDAX-NEW Futures) FVSM (VSMI Futures) FGBS FESX FDAX CONF Sep 08 CH0006448424 ® FGBM FSMI FGBL FVSX (VSTOXX Futures) Sources: Bloomberg, Deutsche Börse and Eurostat

* Liquidity Measure: The liquidity of futures contracts can be expressed using an indicator denominated in basis points. This indicator is based on the spread, market depth and on whether an order can be immediately executed. (Nominal value EUR 1 Mio.) Eurex Monthly Statistics February 2008

Interest Rate Derivatives Fixed Income Futures – Traded Contracts & Open Interest (in Millions) Fixed Income Derivatives Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Fixed Income Futures 100 7.0 CONF Futures CONF 24,872 12.00% 1,184 51,114 12.77% 100.00% 10,742 –14.33% 90 6.5 Euro-Bobl Futures FGBM 16,798,790 21.30% 799,942 33,545,639 28.20% 90.82% 1,292,350 –8.81% Euro-Bund Futures FGBL 28,312,688 3.76% 1,348,223 56,692,327 4.91% 92.38% 1,423,090 –26.98% 80 6.0 Euro-Buxl® Futures FGBX 82,904 –16.58% 3,948 153,218 –25.40% 87.68% 49,906 10.11% Euro-Schatz Futures FGBS 19,571,112 29.89% 931,958 36,748,782 30.54% 90.43% 2,384,256 27.22% 70 5.5 Fixed Income Futures – Total 64,790,366 15.03% 3,085,256 127,191,080 17.11% 91.38% 5,160,344 –2.60% 60 5.0 Options on Fixed Income Futures 50 4.5 Options on Euro-Bobl Futures OGBM 1,875,929 49.04% 89,330 3,374,077 13.56% 9.14% 464,885 –13.69% Options on Euro-Bund Futures OGBL 3,219,557 –23.24% 153,312 6,454,571 –21.15% 37.57% 663,818 –49.34% 40 4.0 Options on Euro-Schatz Futures OGBS 2,376,436 49.91% 113,164 4,985,350 54.41% 12.25% 593,284 –8.00% Options on Fixed Income Futures – Total 7,471,922 6.16% 355,806 14,813,998 2.98% 22.38% 1,721,987 –30.95% 30 3.5

20 3.0

10 2.5 Money Market Derivatives Traded Contracts Open Interest Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Traded Contracts Open Interest Money Market Futures One-Month EONIA Futures FEO1 0 - 0 0 - - 0 - Three-Month EURIBOR Futures FEU3 58,862 14.46% 2,803 123,118 6.15% 100.00% 50,682 –22.45% Money Market Futures – Total 58,862 14.46% 2,803 123,118 6.15% 100.00% 50,682 –22.45%

Money Market Options Options on Three-Month EURIBOR Futures OEU3 0 - 0 0 - - 0 - Money Market Options – Total 58,862 14.46% 2,803 123,118 6.15% 100.00% 50,682 –22.45%

Interest Rate Derivatives – Total 72,321,150 14.04% 3,443,864 142,128,196 15.45% 84.26% 6,933,013 –11.76% Equity Index Derivatives Equity Index Futures – Traded Contracts & Open Interest (in Millions) Equity Index Futures Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Blue Chip Equity Index Futures 55 5.5 DAX® Futures FDAX 3,713,497 14.11% 176,833 9,006,095 31.29% 95.42% 242,616 –25.32% DJ EURO STOXX 50® Index Futures FESX 30,267,912 79.20% 1,441,329 71,669,179 103.22% 89.86% 2,601,616 –12.19% 50 5.0 DJ EURO STOXX® Select Dividend 30 Index Futures FEDV 12,710 - 605 15,904 - 15.91% 15,244 - DJ Global Titans 50 Index Futures FGTI 0 –100.00% 0 4 –98.51% - 155 –88.41% 45 4.5 DJ Italy Titans 30 Index Futures F1TA 0 - 0 0 - - 0 - DJ STOXX 50® Index Futures FSTX 59,750 0.36% 2,845 176,094 57.44% 90.41% 57,447 –15.17% 40 4.0 DJ STOXX® 600 Index Futures F600 5,791 499.48% 276 16,192 1,202.65% 14.68% 5,241 578.89% DJ STOXX® Large 200 Index Futures F2LA 319 - 15 15,890 - 100.00% 13,686 - 35 3.5 DJ STOXX® Mid 200 Index Futures F2MI 7,808 137.61% 372 47,560 566.48% 79.09% 38,418 516.36% DJ STOXX® Small 200 Index Futures F2SM 10,607 - 505 33,088 - 13.26% 17,010 - 30 3.0 MDAX® Futures F2MX 58,171 76.75% 2,770 153,682 162.35% 90.71% 30,156 23.63% 25 2.5 OMXH25 Futures FFOX 1,534 –45.81% 73 2,640 –54.73% 29.60% 12,814 608.35% RDXxt® USD - RDX Extended Index Futures FRDX - 0 - - 0 - 20 2.0 SLI Swiss Leader Index® Futures FSLI 12,244 - 583 28,175 - 100.00% 6,665 - SMIM®-Futures FSMM 6,593 –67.63% 314 21,886 –13.76% 100.00% 5,285 –44.47% 15 1.5 SMI® Futures FSMI 1,287,794 42.06% 61,324 2,778,668 67.59% 83.20% 387,070 –3.21% TecDAX® Futures FTDX 21,509 –33.41% 1,024 93,641 58.26% 91.45% 42,599 71.60% 10 1.0 Blue Chip Equity Index Futures – Total 35,466,239 67.26% 1,688,869 84,058,698 90.81% 90.15% 3,476,022 –9.10% 5 0.5 DJ EURO STOXX® Sector Index Futures ® DJ EURO STOXX Automobiles & Parts Futures FESA 8,866 77.92% 422 19,813 188.19% 64.70% 11,998 98.87% Traded Contracts Open Interest DJ EURO STOXX® Banks Futures FESB 34,873 –8.66% 1,661 82,317 70.81% 47.21% 33,637 14.70% DJ EURO STOXX® Basic Resources Futures FESS 621 –58.98% 30 3,546 36.81% 100.00% 1,330 –22.31% DJ EURO STOXX® Chemicals Futures FESC 643 14.01% 31 5,521 551.06% 100.00% 1,089 154.44% DJ EURO STOXX® Construction & Materials Futures FESN 851 –33.57% 41 2,063 1.18% 100.00% 934 –46.17% DJ EURO STOXX® Financial Services Futures FESF 564 –80.89% 27 1,099 –74.30% 100.00% 452 –80.42% DJ EURO STOXX® Food & Beverage Futures FESO 1,476 1,333.01% 70 2,326 902.59% 100.00% 1,555 820.12% DJ EURO STOXX® Healthcare Futures FESH 1,659 –88.06% 79 3,723 –80.15% 100.00% 2,002 –22.58% DJ EURO STOXX® Industrial Goods & Services Futures FESG 1,841 32.64% 88 4,876 47.27% 70.67% 1,539 22.43% DJ EURO STOXX® Insurance Futures FESI 8,617 103.66% 410 13,986 54.49% 76.41% 11,183 1.76% DJ EURO STOXX® Media Futures FESM 661 –78.38% 31 2,925 –22.70% 100.00% 2,838 –19.54% DJ EURO STOXX® Oil & Gas Futures FESE 3,201 –54.97% 152 7,435 –29.29% 100.00% 7,411 11.93% DJ EURO STOXX® Personal & Household Goods Futures FESZ 177 –86.98% 8 2,982 99.73% 100.00% 2,575 123.14% DJ EURO STOXX® Retail Futures FESR 555 –61.03% 26 5,317 223.62% 100.00% 1,082 1.79% DJ EURO STOXX® Technology Futures FESY 1,221 –94.22% 58 6,709 –76.60% 54.95% 10,726 –40.08% DJ EURO STOXX® Telecommunications Futures FEST 9,332 –59.89% 444 27,731 –20.25% 67.40% 15,470 –31.19% DJ EURO STOXX® Travel & Leisure Futures FESV 349 –52.32% 17 1,670 23.80% 100.00% 880 - DJ EURO STOXX® Utilities Futures FESU 3,552 –49.72% 169 11,703 14.77% 88.26% 5,739 –3.12%

DJ EURO STOXX® Sector Index Futures – Total 79,059 –41.10% 3,765 205,742 9.09% 64.43% 112,440 –3.15% Overview – Most Active (15) Traded Equity Index Futures February 2008

DJ STOXX® 600 Sector Index Futures Traded Open Orderbook DJ STOXX® 600 Automobiles & Parts Futures FSTA 9,287 –9.95% 442 39,804 197.33% 52.51% 22,847 289.28% Contracts Interest Volume DJ STOXX® 600 Banks Futures FSTB 60,457 180.14% 2,879 122,647 268.24% 43.42% 39,308 42.99% DJ EURO STOXX 50® Index Futures 30,267,912 2,601,616 89.86% DJ STOXX® 600 Basic Resources Futures FSTS 19,191 134.27% 914 42,197 159.45% 52.98% 10,812 91.19% DAX® Futures 3,713,497 242,616 95.42% DJ STOXX® 600 Chemicals Futures FSTC 4,088 39.95% 195 15,571 298.75% 51.83% 6,480 55.32% SMI® Futures 1,287,794 387,070 83.20% DJ STOXX® 600 Construction & Materials Futures FSTN 12,935 528.83% 616 37,295 959.22% 66.40% 10,116 374.26% DJ STOXX® 600 Banks Futures 60,457 39,308 43.42% DJ STOXX® 600 Financial Services Futures FSTF 8,304 3,448.72% 395 13,961 379.59% 27.54% 7,643 72.88% DJ STOXX 50® Index Futures 59,750 57,447 90.41% DJ STOXX® 600 Food & Beverage Futures FSTO 8,143 95.32% 388 20,772 167.34% 31.86% 9,637 9.66% MDAX® Futures 58,171 30,156 90.71% DJ STOXX® 600 Healthcare Futures FSTH 12,306 23.64% 586 47,682 163.25% 45.17% 22,025 31.02% DJ EURO STOXX® Banks Futures 34,873 33,637 47.21% DJ STOXX® 600 Industrial Goods & Services Futures FSTG 11,369 307.78% 541 37,666 910.63% 49.87% 19,424 360.72% DJ STOXX® 600 Telecommunications Futures 25,120 19,428 43.74% DJ STOXX® 600 Insurance Futures FSTI 23,879 141.74% 1,137 50,618 221.16% 56.15% 18,227 –0.66% DJ STOXX® 600 Insurance Futures 23,879 18,227 56.15% DJ STOXX® 600 Media Futures FSTM 12,236 509.97% 583 42,561 1,260.21% 80.30% 21,328 1,749.78% TecDAX® Futures 21,509 42,599 91.45% DJ STOXX® 600 Oil & Gas Futures FSTE 17,513 94.39% 834 37,140 82.51% 71.39% 13,815 3.69% DJ STOXX® 600 Basic Resources Futures 19,191 10,812 52.98% DJ STOXX® 600 Personal & Household Goods Futures FSTZ 4,674 2,633.33% 223 9,140 582.09% 71.10% 2,034 7.56% DJ STOXX® 600 Oil & Gas Futures 17,513 13,815 71.39% DJ STOXX® 600 Retail Futures FSTR 9,593 155.61% 457 27,300 296.98% 15.07% 13,559 144.84% DJ STOXX® 600 Utilities Futures 13,755 9,603 42.27% DJ STOXX® 600 Technology Futures FSTY 12,977 283.71% 618 38,480 232.41% 54.97% 7,020 –52.67% DJ STOXX® 600 Technology Futures 12,977 7,020 54.97% DJ STOXX® 600 Telecommunications Futures FSTT 25,120 275.94% 1,196 54,177 285.19% 43.74% 19,428 8.50% DJ STOXX® 600 Construction & Materials Futures 12,935 10,116 66.40% DJ STOXX® 600 Travel & Leisure Futures FSTV 5,947 37.57% 283 12,619 130.78% 14.02% 5,269 57.33% DJ STOXX® 600 Utilities Futures FSTU 13,755 466.98% 655 34,041 482.20% 42.27% 9,603 101.03%

DJ STOXX® 600 Sector Index Futures – Total 271,774 161.73% 12,942 683,671 264.98% 49.08% 258,575 60.93% Equity Index Options – Traded Contracts & Open Interest (in Millions) Equity Index Options Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY 55 60 Blue Chip Equity Index Options DAX® Options ODAX 7,654,186 20.94% 364,485 18,260,828 60.97% 38.54% 9,745,953 25.57% 50 55 DAX® Options – 1st Friday ODX1 2,549 –94.76% 121 14,368 –84.00% 100.00% 768 –95.04% DAX® Options – 2nd Friday ODX2 6,231 –75.04% 297 13,463 –67.06% 100.00% 15 –99.54% 45 50 DAX® Options – 4th Friday ODX4 14,924 –50.22% 711 25,071 –49.89% 46.40% 0 –100.00% DAX® Options – 5th Friday ODX5 9,422 354.07% 449 9,422 312.70% 100.00% 0 –100.00% 40 45 DJ EURO STOXX 50® Index Options OESX 31,723,247 75.09% 1,510,631 68,911,045 102.93% 18.17% 41,519,236 34.24% DJ EURO STOXX 50® Index Options – 1st Friday OES1 72 –99.73% 3 1,986 –95.87% 100.00% 52 –99.45% 35 40 DJ EURO STOXX 50® Index Options – 2nd Friday OES2 186 –98.89% 9 806 –97.84% 100.00% 0 –100.00% DJ EURO STOXX 50® Index Options – 4th Friday OES4 5,550 –85.01% 264 6,169 –89.76% 10.63% 0 –100.00% 30 35 DJ EURO STOXX 50® Index Options – 5th Friday OES5 12,061 1,013.67% 574 12,061 540.52% 1.33% 0 –100.00% ® DJ EURO STOXX Select Dividend 30 Index Options OEDV 0 - 0 0 - - - 25 30 DJ Global Titans 50 Index Options OGTI 0 –100.00% 0 0 –100.00% - 0 –100.00% DJ Italy Titans 30 Index Options O1TA 0 - 0 0 - - 0 - 20 25 DJ STOXX 50® Index Options OSTX 2,064 –57.83% 98 11,906 102.79% 51.55% 29,479 82.58% ® DJ STOXX 600 Index Options O600 149 –98.64% 7 2,347 –89.48% 100.00% 2,269 1,119.89% 15 20 DJ STOXX® Large 200 Index Options O2LA 0 - 0 0 - - - ® DJ STOXX Mid 200 Index Options O2MI 8,717 –17.15% 415 15,436 –7.99% 4.61% 11,825 –32.09% 10 15 DJ STOXX® Small 200 Index Options O2SM 1,455 - 69 1,489 - 7.22% 1,491 - ® MDAX Options O2MX 25,443 362.60% 1,212 56,594 575.91% 26.33% 43,266 150.56% 5 10 OMX–Helsinki 25 Options OFOX 0 –100.00% 0 20 –96.30% - 10 –98.35% SLI Swiss Leader Index® Options OSLI 7,963 - 379 14,662 - 100.00% 14,772 - ® SMIM Options OSMM 2,354 –75.74% 112 15,366 –1.40% 100.00% 17,442 32.57% Traded Contracts Open Interest SMI® Options OSMI 593,159 34.89% 28,246 1,330,138 58.50% 63.05% 1,212,417 6.44% SMI® Options – 1st Friday OSM1 0 –100.00% 0 0 –100.00% - 0 –100.00% SMI® Options – 2nd Friday OSM2 0 –100.00% 0 0 –100.00% - 0 - SMI® Options – 4th Friday OSM4 0 –100.00% 0 0 –100.00% - 0 - SMI® Options – 5th Friday OSM5 0 –100.00% 0 0 –100.00% - 0 –100.00% TecDAX® Options OTDX 2,416 –25.59% 115 6,982 11.16% 100.00% 8,810 5.32% Blue Chip Equity Index Options – Total 40,072,148 59.48% 1,908,198 88,710,159 90.48% 22.80% 52,607,805 31.69%

DJ EURO STOXX® Sector Index Options DJ EURO STOXX® Automobiles & Parts Options OESA 9,500 23,650.00% 452 15,085 37,612.50% - 13,598 236.58% DJ EURO STOXX® Banks Options OESB 30,805 7.69% 1,467 43,682 –3.18% 4.82% 30,003 41.28% DJ EURO STOXX® Basic Resources Options OESS 0 - 0 0 - - 0 - DJ EURO STOXX® Chemicals Options OESC 0 - 0 222 - - 660 - DJ EURO STOXX® Construction & Materials Options OESN 0 –100.00% 0 0 –100.00% - 0 –100.00% DJ EURO STOXX® Financial Services Options OESF 160 15,900.00% 8 160 55.34% 100.00% 0 - DJ EURO STOXX® Food & Beverage Options OESO 0 - 0 0 - - 0 - DJ EURO STOXX® Healthcare Options OESH 0 - 0 0 - - 0 - DJ EURO STOXX® Industrial Goods & Services Options OESG 0 - 0 0 –100.00% - 0 –100.00% ® DJ EURO STOXX Insurance Options OESI 7,501 - 357 7,995 26.90% 2.21% 8,854 –49.84% Overview – Most Active (15) Traded Equity Index Options February 2008 DJ EURO STOXX® Media Options OESM 0 - 0 852 - - 852 - DJ EURO STOXX® Oil & Gas Options OESE 0 –100.00% 0 0 –100.00% - 1,000 –90.99% Orderbook DJ EURO STOXX® Personal & Household Goods Options OESZ 0 - 0 0 - - 0 - Traded Open ® Contracts Interest Volume DJ EURO STOXX Retail Options OESR 0 - 0 0 –100.00% - 0 –100.00% ® ® DJ EURO STOXX 50 Index Options 31,723,247 41,519,236 18.17% DJ EURO STOXX Technology Options OESY 4,300 290.91% 205 11,800 26.20% 0.47% 9,800 172.22% ® ® DAX Options 7,654,186 9,745,953 38.54% DJ EURO STOXX Telecommunications Options OEST 4,973 1,143.25% 237 11,858 76.99% 28.72% 3,893 –70.84% ® ® SMI Options 593,159 1,212,417 63.05% DJ EURO STOXX Travel & Leisure Options OESV 0 - 0 0 - - 0 - ® ® DJ STOXX 600 Banks Options 31,740 51,079 17.41% DJ EURO STOXX Utilities Options OESU 240 –98.01% 11 1,169 –93.74% 100.00% 535 –92.14% DJ EURO STOXX® Banks Options 30,805 30,003 4.82% DJ EURO STOXX® Sector Index Options – Total 57,479 12.64% 2,737 92,823 –12.80% 6.09% 69,195 –13.76% MDAX® Option 25,443 43,266 26.33% DAX® Options - 4th Friday 14,924 0 46.40% ® ® DJ EURO STOXX 50 Index Options – 5th Friday 12,061 0 1.33% DJ STOXX 600 Sector Index Options ® ® DJ STOXX 600 Automobiles & Parts Options 10,536 25,991 10.56% DJ STOXX 600 Automobiles & Parts Options OSTA 10,536 435.09% 502 46,614 2,030.44% 10.56% 25,991 1,622.40% ® ® DJ EURO STOXX Automobiles & Parts Options 9,500 13,598 0.00% DJ STOXX 600 Banks Options OSTB 31,740 336.47% 1,511 93,845 530.21% 17.41% 51,079 507.79% ® ® DAX Options – 5th Friday 9,422 0 100.00% DJ STOXX 600 Basic Resources Options OSTS 6,013 –21.36% 286 26,561 83.56% 28.11% 18,760 166.33% ® ® DJ STOXX Mid 200 Index Options 8,717 11,825 4.61% DJ STOXX 600 Chemicals Options OSTC 1,102 - 52 6,800 - 47.64% 6,037 - ® ® SLI Swiss Leader Index Options 7,963 14,772 100.00% DJ STOXX 600 Construction & Materials Options OSTN 3,258 875.45% 155 34,708 7,071.07% 42.08% 3,614 752.36% ® ® DJ STOXX 600 Utilities Options 7,752 16,825 4.02% DJ STOXX 600 Financial Services Options OSTF 0 - 0 200 - - 200 - ® ® DJ EURO STOXX Insurance Options 7,501 8,854 2.21% DJ STOXX 600 Food & Beverage Options OSTO 390 - 19 1,090 - 100.00% 1,090 - DJ STOXX® 600 Healthcare Options OSTH 5,508 1,081.97% 262 22,685 573.55% 9.22% 26,000 592.23% DJ STOXX® 600 Industrial Goods & Services Options OSTG 1,348 –88.91% 64 30,967 42.26% 42.88% 790 –93.10% DJ STOXX® 600 Insurance Options OSTI 4,750 327.93% 226 8,445 184.34% 25.05% 5,585 29.16% DJ STOXX® 600 Media Options OSTM 0 - 0 300 - - 10 - DJ STOXX® 600 Oil & Gas Options OSTE 425 –85.53% 20 611 –92.10% 100.00% 515 –91.70% DJ STOXX® 600 Personal & Household Goods Options OSTZ 87 - 4 4,137 - 100.00% 0 - DJ STOXX® 600 Retail Options OSTR 79 –34.71% 4 79 –78.71% 100.00% 3,029 2,403.31% DJ STOXX® 600 Technology Options OSTY 3,620 - 172 3,620 - - 3,620 335.62% DJ STOXX® 600 Telecommunications Options OSTT 429 –92.34% 20 4,307 –42.57% 100.00% 15,133 20.09% DJ STOXX® 600 Travel & Leisure Options OSTV 0 - 0 0 - - 0 –100.00% DJ STOXX® 600 Utilities Options OSTU 7,752 49.54% 369 12,438 –9.83% 4.02% 16,825 77.78%

DJ STOXX® 600 Sector Index Options – Total 77,037 71.98% 3,668 297,407 232.14% 18.46% 178,278 161.63%

Equity Index Derivatives – Total 76,023,736 62.91% 3,620,178 174,048,500 90.84% 54.34% 56,702,315 28.29% Equity Derivatives Single Stock Futures – Traded Contracts & Open Interest (in Millions) Single Stock Futures* Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Automobiles & Parts 11 11 Total 114,882 –18.97% 5,471 202,396 –26.94% 1.62% 177,314 125.38% VW VOWF 60,802 165.94% 2,895 86,375 80.43% - 120,483 193.92% 10 10 Daimler DCXF 17,258 329.20% 822 22,278 195.31% 10.59% 22,940 140.97% Porsche Automobil Holding PORG 13,003 7,123.89% 619 56,443 31,257.22% - 700 - 9 9 Banks Total 1,100,271 40.21% 52,394 2,581,190 49.62% 0.84% 647,958 –46.49% 8 8 Banco Santander SANF 594,000 31.13% 28,286 1,321,462 52.05% - 8,770 –98.41% 7 7 Deutsche Bank DBKF 196,239 64,240.66% 9,345 379,338 62,497.03% 0.36% 96,398 604.72% Fortis FO4G 103,198 - 4,914 109,750 - - 18,748 - Basic Resources 6 6 Total 116,342 8,849.38% 5,540 127,130 1,238.21% - 95,372 23,161.46% 5 5 UPM-Kymmene RPLF 79,855 - 3,803 81,858 - - 31,913 - Stora Enso ENUF 12,500 - 595 12,500 - - 33,907 - 4 4 Mittal Steel ISPF 11,920 - 568 17,731 - - 21,286 - Chemicals 3 3 Total 19,191 –33.37% 914 77,762 133.94% 2.59% 73,761 106.75% Syngenta SYNG 6,396 - 305 8,518 - 1.25% 13,892 - 2 2 BASF BASF 6,230 –77.20% 297 23,633 –21.00% - 23,764 –11.99% Bayer BAYF 5,287 899.43% 252 14,268 2,351.55% 0.04% 26,766 402.93% 1 1 Construction & Materials Total 27,071 352.92% 1,289 406,046 45.02% 0.21% 32,120 –65.71% CRH CRGF 21,600 866.01% 1,029 28,300 –15.51% - 17,340 –1.02% Traded Contracts Open Interest Italcementi ITAF 3,396 - 162 6,139 - - 2,743 - Grupo Ferrovial FERF 808 1,246.67% 38 1,218 1,930.00% - 1,218 1,422.50% Financial Services Total 5,248 –91.88% 250 19,958 –83.81% 8.77% 19,351 166.32% Klépierre LIFF 2,000 132.56% 95 6,800 270.57% - 4,294 295.76% Deutsche Börse DB1G 1,165 - 55 2,342 - - 835 - Single Stock Futures by Sectors – Traded Contracts MAN Group EMGG 1,000 - 48 2,000 - - 700 - Food & Beverage Traded Contracts Percentage Total 13,413 –92.15% 639 43,895 –75.57% 0.16% 48,111 –73.19% Automobiles & Parts 114,882 3.22% Danone BSNG 3,718 - 177 11,919 - - 8,443 - Banks 1,100,271 30.86% Nestlé NESF 3,644 –97.72% 174 22,718 –86.41% 0.60% 19,763 –88.18% Basic Resources 116,342 3.26% Heineken HNKF 1,770 - 84 1,770 - - 1,770 5,263.64% Chemicals 19,191 0.54% Health Care Construction & Materials 27,071 0.76% Total 66,029 1,274.17% 3,144 93,470 693.33% 0.60% 74,480 645.25% Financial Services 5,248 0.15% Novartis NOVF 22,234 495.13% 1,059 25,300 570.38% - 18,535 400.00% Food & Beverage 13,413 0.38% Roche Holding ROGF 17,853 8,442.11% 850 19,327 704.62% 0.02% 19,925 553.49% Health Care 66,029 1.85% Glaxosmithkline GSKF 5,526 - 263 9,609 - 1.45% 6,258 - Industrial Goods & Services 1,039,994 29.17% Industrial Goods & Services Insurance 81,035 2.27% Total 1,039,994 –4.35% 49,524 3,667,154 56.43% 0.01% 159,107 918.74% Media 33,418 0.94% Siemens SIEF 664,098 –24.18% 31,624 1,973,883 7.47% 0.00% 51,132 4,849.85% Oil & Gas 120,807 3.39% ThyssenKrupp TKAG 321,434 60.91% 15,306 1,589,754 221.12% - 28,864 1,206.06% Personal & Household Goods 40,231 1.13% Gamesa Corp Tecnologica GTQF 11,370 - 541 18,050 - - 7,603 - Retail 10,891 0.31% Insurance Technology 156,032 4.38% Total 81,035 314.71% 3,859 287,985 619.66% 3.97% 338,878 247.47% Telecommunications 324,788 9.11% Münchener Rückversicherung MU2F 37,882 799.81% 1,804 40,161 829.65% - 130,984 1,811.34% Travel & Leisure 7,560 0.21% Allianz ALVF 16,315 205.64% 777 26,861 308.22% 12.72% 14,493 173.87% Utilities 116,533 3.27% Allianz ALVX 6,700 55.45% 319 15,300 238.72% - 3,750 -39.71% Others 1,300 0.04% Media S&P 500 170,000 4.77% Total 33,418 2,645.93% 1,591 46,272 3,001.34% - 40,764 6,506.81% Yell Group YELF 9,395 - 447 9,395 - - 9,395 - Reed Elsevier ELVG 5,900 - 281 5,900 - - 5,900 - Single Stock Futures by Countries – Traded Contracts SES Global SESF 5,800 2,800.00% 276 11,600 2,800.00% - 5,800 - Oil & Gas Total 120,807 1,401.64% 5,753 856,423 231.11% - 37,325 –41.73% Repsol REPF 82,000 - 3,905 806,650 221.95% - 4,650 –91.74% ■ Austria 13,447 Saipem SPEF 17,874 - 851 18,674 - - 9,040 - ■ 6,031 Neste Oil NEFF 8,945 45.38% 426 8,945 45.38% - 8,945 45.38% Belgium Personal & Household Goods ■ Finland 132,991 Total 40,231 155.21% 1,916 70,153 99.54% 0.05% 40,162 –16.01% Philips PH1F 13,910 2,559.66% 662 25,198 3,622.01% - 10,955 - ■ France 262,458 Henkel HENG 13,772 - 656 16,340 - - 5,164 - ■ Germany 1.682,636 Beiersdorf BEIF 5,842 630.25% 278 10,022 902.20% - 2,568 221.00% Retail ■ Great Britain 63,105 Total 10,891 68.83% 519 44,493 362.99% - 30,756 280.88% ■ 69,310 Ahold AHOG 7,744 - 369 22,082 - - 15,475 - Ireland Inditex IXDG 915 - 44 13,474 - - 1,074 - ■ Italy 59,493 Carrefour CARF 854 –41.10% 41 1,771 17.36% - 3,633 18.18% ■ 173,869 Technology Netherlands Total 156,032 15,740.81% 7,430 234,494 912.98% - 100,609 807.61% ■ Portugal 22,900 STMicroelectronics SGMF 87,620 - 4,172 142,720 - - 8,800 11.11% Alcatel CGEF 25,629 - 1,220 29,669 - - 52,719 - ■ Spain 775,359 Nokia NO3F 16,770 - 799 21,202 105,910.00% - 4,123 20,515.00% ■ Sweden 3,075 Telecommunications Total 324,788 445.40% 15,466 848,299 313.11% 0.01% 338,738 276.89% ■ Switzerland 130,362 Deutsche Telekom DTEF 151,072 450.86% 7,194 201,955 167.41% 0.01% 182,362 283.66% ■ 170,000 Telefónica TEFF 80,630 633.00% 3,840 488,630 598.29% - 31,812 606.93% U.S. Royal KPN KPNF 24,004 - 1,143 34,572 147.37% - 22,600 223.41% Travel & Leisure Total 7,560 41,900.00% 360 38,629 855.69% - 11,925 54,104.55% Lufthansa LHAF 7,460 49,633.33% 355 32,260 698.71% - 7,000 36,742.11% Accor ACRF 100 - 5 226 - - 289 - Overview – Most Active (15) Traded Single Stock Futures February 2008 Air France-KLM AFRF - 0 5,974 - - 3,374 - Utilities Traded Open Orderbook Total 116,533 890.34% 5,549 355,857 40.24% 0.00% 138,518 9.73% Contracts Interest Volume E.ON EOAG 41,739 3,667.06% 1,988 53,970 1,811.80% - 34,832 2,359.89% Siemens 664,098 51,132 0.00% RWE RWEF 23,034 1,450.07% 1,097 56,798 2,054.70% 0.00% 33,120 2,128.80% Banco Santander 594,000 8,770 0.00% Fortum FOTF 12,000 - 571 24,120 9,548.00% - 16,076 - ThyssenKrupp 321,434 28,864 0.00% S&P 500 Deutsche Bank 196,239 96,398 0.36% Total 170,000 - 8,095 170,000 - - 170,000 - Bank of America 170,000 170,000 0.00% Bank of America BACF 170,000 - 8,095 170,000 - - 170,000 - Deutsche Telekom 151,072 182,362 0.01% 3M MMMF 0 - 0 0 - - 0 - Fortis 103,198 18,748 0.00% AT & T TFFF 0 - 0 0 - - 0 - STMicroelectronics 87,620 8,800 0.00% Russia Repsol 82,000 4,650 0.00% Total 0 - 0 24,800 - - 12,400 - Telefónica 80,630 31,812 0.00% AO Tatneft TTFF 0 - 0 0 - - 0 - UPM-Kymmene 79,855 31,913 0.00% Comstar United Telesystems C8RF 0 - 0 0 - - 0 - VW 60,802 120,483 0.00% Evraz Group S.A. HK1F 0 - 0 0 - - 0 - UBS 55,320 32,290 0.55% Others E.ON 41,739 34,832 0.00% Total 1,300 –83.00% 62 3,266 –90.66% - 1,826 –70.68% Allied Irish Bank 38,024 5,163 21.04% Buhrmann BUHF 1,100 - 52 1,100 - - 0 - Norddt. Affinerie NDAF 200 - 10 200 - - 200 - AGF AGEF 0 - 0 0 - - 0 - Single Stock Futures – Total 3,565,036 47.24% 169,764 10,199,672 74.35% 0.45% 2,589,475 24.30% * The table shows the three most actively traded futures by Dow Jones STOXX® 600 Sector Indexes and Russian Single Stock Futures. Related information about all futures traded at Eurex are available in the monthly statistics at the Eurex website www.eurexchange.com > Market Data > Statistics > Monthly Statistics. Equity Options – Traded Contracts & Open Interest (in Millions)

Equity Options* Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY 50 80 Automobiles & Parts Total 1,451,249 –43.30% 69,107 3,484,100 –18.38% 53.56% 5,314,404 –3.65% 45 75 Daimler DCX 769,039 –57.24% 36,621 1,936,259 –30.42% 53.36% 2,790,041 –31.46% Volkswagen VOW 336,463 –32.26% 16,022 775,900 –16.78% 45.68% 1,770,684 108.74% 40 70 BMW BMW 188,685 60.66% 8,985 434,032 57.79% 55.67% 438,431 45.67% Banks 35 65 Total 4,104,472 129.10% 195,451 7,692,161 121.56% 56.68% 7,670,183 40.54% Deutsche Bank DBK 1,244,496 279.62% 59,262 2,323,065 217.51% 42.13% 2,030,210 15.29% 30 60 UBS UBSN 1,150,868 201.07% 54,803 2,146,525 246.72% 66.67% 2,015,262 118.71% Credit Suisse Group CSGN 692,636 148.67% 32,983 1,270,336 114.90% 66.05% 1,606,629 59.71% 25 55 Basic Resources Total 75,211 10.16% 3,581 158,080 20.61% 52.08% 134,118 –6.47% 20 50 UPM-Kymmene Corporation RPL 27,702 54.78% 1,319 74,283 109.88% 46.03% 55,956 13.39% Mittal Steel ISPA 16,070 219.04% 765 29,913 486.87% 84.04% 23,998 379.29% 15 45 Salzgitter SZG 12,896 11.33% 614 28,932 48.08% 68.21% 28,762 6.83% Chemicals 10 40 Total 932,096 –3.65% 44,386 2,174,731 14.96% 66.81% 2,470,279 –0.22% Bayer BAY 326,918 90.60% 15,568 784,665 70.69% 51.34% 794,834 22.55% 5 35 BASF BAS 179,890 –12.93% 8,566 506,240 24.30% 48.69% 558,954 4.17% Ciba Speciality Chemicals CIBN 159,086 –32.77% 7,576 291,995 –32.19% 91.83% 398,287 –20.59% Construction & Materials Traded Contracts Open Interest Total 81,020 12.64% 3,858 166,526 7.22% 72.45% 208,986 15.45% Holcim HOLN 38,858 83.47% 1,850 76,917 50.99% 73.81% 116,349 85.06% Saint-Gobain GOB 15,697 7.36% 747 31,216 –21.50% 80.52% 28,192 –22.92% Vinci SQU 11,398 355.92% 543 15,304 352.25% 50.94% 10,899 253.40% Financial Services Total 353,205 93.14% 16,819 708,328 119.49% 63.84% 597,911 54.14% Hypo Real Estate Holding HRX 164,634 747.01% 7,840 340,043 654.51% 52.69% 249,773 243.17% Equity Options by Sectors – Traded Contracts Julius Bär BAER 96,278 –24.70% 4,585 166,832 –14.76% 73.15% 228,624 12.05% Deutsche Börse DB1 92,293 160.13% 4,395 201,453 146.18% 74.02% 119,514 7.70% Traded Contracts Percentage Food & Beverage Automobiles & Parts 1,451,249 5.43% Total 447,284 –16.78% 21,299 1,055,640 11.50% 50.41% 1,747,290 –5.27% Banks 4,104,472 15.34% Nestlé NESN 403,706 –17.41% 19,224 941,114 9.30% 48.38% 1,608,130 –2.96% Basic Resources 75,211 0.28% Unilever UNI 22,508 –27.42% 1,072 74,879 62.23% 84.49% 97,190 –10.70% Chemicals 932,096 3.48% Danone BSN 17,549 83.26% 836 32,674 66.34% 46.24% 34,150 38.14% Construction & Materials 81,020 0.30% Health Care Financial Services 353,205 1.32% Total 1,054,045 –0.89% 50,193 2,328,141 24.98% 56.61% 2,873,949 22.30% Food & Beverage 447,284 1.67% Novartis NOVN 694,053 14.84% 33,050 1,482,580 42.80% 51.55% 1,762,651 33.83% Health Care 1,054,045 3.94% Roche Holding ROG 138,316 –46.35% 6,586 323,861 –16.39% 47.77% 497,829 –8.98% Industrial Goods & Services 1,744,544 6.52% Synthes SYST 74,651 40.49% 3,555 138,798 –12.59% 90.62% 115,773 –18.31% Insurance 8,608,467 32.18% Industrial Goods & Services Media 29,578 0.11% Total 1,744,544 –1.14% 83,074 6,088,465 3.15% 52.25% 5,556,828 –7.55% Oil & Gas 123,763 0.46% ABB ABBN 558,882 –17.22% 26,613 1,419,683 22.43% 58.23% 2,424,223 –0.45% Personal & Household Goods 226,453 0.85% Siemens SIE 513,619 6.27% 24,458 1,729,654 –29.35% 55.04% 1,546,330 –18.35% Retail 102,005 0.38% Thyssen Krupp TKA 314,613 39.82% 14,982 2,136,800 42.84% 35.71% 523,205 –6.39% Technology 3,206,147 11.99% Insurance Telecommunications 2,970,005 11.10% Total 8,608,467 21.37% 409,927 17,849,589 41.41% 46.04% 20,533,619 4.25% Travel & Leisure 350,996 1.31% Allianz ALV 4,598,929 43.24% 218,997 9,544,835 58.90% 40.48% 9,798,064 7.24% Utilities 710,529 2.66% Münchener Rückversicherung MUV2 1,809,750 11.00% 86,179 3,960,034 41.80% 46.52% 3,687,121 3.09% Others 176,855 0.66% Schweizerische Rückversicherung RUKN 972,173 6.52% 46,294 2,019,406 34.70% 55.20% 3,790,236 12.13% Russian Products 138 0.00% Media S&P 500 199 0.00% SumTotal 29,578 –52.29% 1,408 76,796 –52.58% 40.80% 180,320 –36.92% Vivendi Universal VVU 15,086 –61.31% 718 31,177 –69.32% 44.25% 100,492 –38.39% Thomson TNM 10,396 –40.78% 495 19,614 –46.54% 12.47% 65,709 –13.02% Reed Elsevier ELV 2,621 41.60% 125 22,471 138.62% 100.00% 8,460 –56.07% Oil & Gas Equity Options by Countries – Traded Contracts Total 123,763 –15.05% 5,893 324,886 13.10% 58.28% 551,231 –4.76% Total Fina TOTB 47,714 –10.82% 2,272 109,466 0.26% 42.40% 117,382 6.27% Royal Dutch ROY 33,361 –38.51% 1,589 117,867 2.56% 70.77% 304,596 –19.54% Petroplus Holding PPHN 19,138 285.54% 911 43,443 754.84% 75.49% 40,766 807.52% Personal & Household Goods Total 226,453 –15.84% 10,783 586,802 15.57% 71.28% 575,496 –12.40% ■ 13,190 Richemont CFR 60,225 89.63% 2,868 143,976 183.45% 59.15% 162,079 136.45% Austria Philips PHI1 45,740 –25.25% 2,178 125,104 –10.06% 84.34% 140,804 –41.34% ■ Finland 1,117,669 Henkel HEN3 45,082 294.11% 2,147 79,493 227.28% 74.16% 61,407 145.61% Retail ■ France 654,294 Total 102,005 –57.11% 4,857 362,535 –32.88% 62.57% 453,275 –38.25% ■ Germany 17,671,123 Metro MEO 44,327 –38.22% 2,111 169,130 16.03% 53.11% 186,016 –6.57% Arcandor KAR 28,795 12.39% 1,371 90,423 36.13% 69.44% 84,013 20.11% ■ Italy 139,209 Carrefour CAR 16,620 –67.09% 791 33,944 –67.76% 54.30% 44,037 –69.29% ■ 543,980 Technology Netherlands Total 3,206,147 12.26% 152,674 7,856,719 4.20% 44.34% 9,193,413 0.68% ■ Russia 138 SAP SAP 1,110,607 10.08% 52,886 3,060,121 –3.46% 46.12% 3,038,480 –8.71% ■ 150,260 Nokia NOA3 1,052,560 –12.00% 50,122 2,765,312 –6.92% 46.27% 3,639,278 –5.84% Spain Infineon IFX 747,851 73.65% 35,612 1,362,275 66.84% 39.67% 1,304,144 29.77% ■ Sweden 280 Telecommunications Total 2,970,005 46.52% 141,429 5,987,226 35.02% 31.37% 7,684,480 8.87% ■ Switzerland 6,457,919 Deutsche Telekom DTE 2,682,852 47.87% 127,755 5,454,135 38.23% 31.06% 6,957,463 13.44% ■ U.S. 199 France Télécom FTE 121,482 98.99% 5,785 168,642 3.83% 11.83% 235,336 –36.13% Telefonica TNE5 62,475 458.46% 2,975 98,159 471.69% 7.46% 86,026 475.31% Travel & Leisure Total 350,996 –18.34% 16,714 810,996 3.38% 59.49% 1,107,000 –1.79% TUI TUI 175,729 –49.01% 8,368 490,756 –7.14% 54.13% 598,910 –14.27% Lufthansa LHA 173,722 125.45% 8,272 299,073 24.92% 64.54% 483,074 22.59% Air France AFR 652 - 31 6,506 - 100.00% 5,579 - Utilities Total 710,529 –17.91% 33,835 1,565,043 5.94% 40.86% 1,715,019 –14.47% Overview – Most Active (15) Traded Equity Options February 2008 E.ON EOA 321,984 –31.16% 15,333 733,545 –6.67% 34.21% 812,094 –16.03% RWE RWE 234,474 –23.79% 11,165 559,028 7.69% 57.04% 629,577 –21.67% Traded Open Orderbook Iberdrola IBE 64,612 2,053.73% 3,077 95,545 2.890.45% 1.27% 51,733 1,501.64% Contracts Interest Volume S&P 500 Allianz 4,598,929 9,798,064 40.48% Total 199 –64.01% 9 954 –46.16% 100.00% 1,469 –31.74% Deutsche Telekom 2,682,852 6,957,463 31.06% General Electric GEC 66 164.00% 3 202 24.69% 100.00% 370 –6.57% Münchener Rückversicherung 1,809,750 3,687,121 46.52% Microsoft MSF 42 –77.89% 2 52 –86.97% 100.00% 44 –85.48% Deutsche Bank 1,244,496 2,030,210 42.13% Time Warner AOL 40 - 2 60 - 100.00% 120 71.43% UBS 1,150,868 2,015,262 66.67% Russia SAP 1,110,607 3,038,480 46.12% Total 138 - 7 1,160 - 100.00% 1,343 - Nokia 1,052,560 3,639,278 46.27% OAO Gazprom GAZ 90 - 4 1,006 - 100.00% 934 - Schweizerische Rückversicherung 972,173 3,790,236 55.20% Lukoil (OAO) LUK 48 - 2 150 - 100.00% 283 - Daimler 769,039 2,790,041 53.36% MMC Norilsk Nickel NNIA - 0 4 - - 10 - Infineon 747,851 1,304,144 39.67% Others Novartis 694,053 1,762,651 51.55% Total 176,855 –5.88% 8,422 360,044 –10.85% 72.49% 457,073 –27.62% Credit Suisse Group 692,636 1,606,629 66.05% Kudelski KUD 44,607 56.48% 2,124 81,320 82.77% 99.10% 91,752 67.59% Commerzbank 682,468 1,082,455 64.26% MLP MLP 33,570 198.56% 1,599 65,567 180.76% 72.94% 44,621 44.22% Zurich Financial Services 678,524 1,500,897 55.35% Mobilcom MOB 22,760 387.57% 1,084 36,186 205.88% 33.73% 66,546 339.39% ABB 558,882 2,424,223 58.23% Equity Options – Total 26,748,261 15.38% 1,273,727 59,638,922 24.99% 48.74% 69,027,686 4.16%

Equity Derivatives – Total 30,313,297 18.40% 1,443,490 69,838,594 30.38% 43.06% 71,617,161 4.77%

* The table shows the three most actively traded equity options by Dow Jones STOXX® 600 Sector Indexes, Russian Equity Options and U.S. Equity Options. Related information about all options traded at Eurex are available in the monthly statistics at the Eurex website www.eurexchange.com > Market Data > Statistics > Monthly Statistics. Credit Derivatives Credit Futures Traded Contracts Open Interest Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Credit Index Futures iTraxx® Europe 5-Year Index Futures F5E0 0 - 0 0 - - 0 - iTraxx® Europe Crossover 5-Year Index Futures F5C0 0 - 0 0 - - 0 - iTraxx® Europe HiVol 5-Year Index Futures F5H0 0 - 0 0 - - 0 - Credit Index Futures – Total 0 - 0 0 - - 0 -

Credit Derivatives – Total 0 - 0 0 - - 0 -

Volatility Index Derivatives Traded Contracts Open Interest Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Volatility Index Futures VDAX-NEW® Futures FVDX 0 –100.00% 0 0 –100.00% - 0 –100.00% VSMI® Futures FVSM 0 - 0 0 - - 0 - VSTOXX® Futures FVSX 773 476.87% 37 1,210 298.03% 100.00% 76 –2.56% Volatility Index Futures – Total 773 141.56% 37 1,210 75.87% 100.00% 76 –48.65%

Volatility Derivatives – Total 773 141.56% 37 1,210 75.87% 100.00% 76 –48.65%

Inflation Derivatives Traded Contracts Open Interest Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Euro-Inflation Index Futures Euro-Inflation Future HICP 40 - 2 41 - 100.00% 40 - Euro-Inflation Index Futures – Total 40 - 2 41 - 100.00% 40 -

Inflation Derivatives – Total 40 - 2 41 - 100.00% 40 -

® ® Exchange Traded Funds Derivatives – Traded Contracts & Open Interest Exchange Traded Funds Derivatives (in Thousands) Traded Contracts Open Interest Feb 07 Apr 07 Jun 07 Aug 07 Oct 07 Dec 07 Feb 08 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY Exchange Traded Funds® Futures 100 57 DJ EURO STOXX® EX Futures EXWF 0 - 0 0 –100.00% - 0 –100.00% iShares DAX® Futures EXSF 5 –83.87% 0 7 –87.04% 100.00% 5 –66.67% 90 56 iShares DJ EURO STOXX 50® Futures EUNF 1 - 0 3 - 100.00% 1 –66.67% XMTCH on SMI® Futures XMTF 0 - 0 0 - - 0 - 80 55

Exchange Traded Funds® Futures – Total 6 –80.65% 0 10 –98.58% 100.00% 6 –99.13%

Exchange Traded Funds® Options 60 27 DJ EURO STOXX® EX Options EXW1 0 –100.00% 0 0 –100.00% - 0 - iShares DAX® Options EXS1 51,713 8,988.40% 2,463 132,236 14,134.23% 1.38% 51,443 4,780.74% 50 26 iShares DJ EURO STOXX 50® Options EUN2 102 229.03% 5 443 804.08% 100.00% 376 3,318.18% XMTCH on SMI® Options XMT 4,862 3,728.35% 232 5,532 3,492.21% 100.00% 4,762 3,375.91% 40 25

Exchange Traded Funds® Options – Total 56,677 7,674.62% 2,699 138,211 11,928.81% 10.02% 56,581 4,607.24% 7 7

Exchange Traded Funds® Derivatives – Total 56,683 7,358.29% 2,699 138,221 7,359.31% 10.03% 56,587 2,894.02% 6 6 5 5

4 4

Eurex Total 3 3 Traded Contracts Open Interest 2 2 Feb 2008 Change YoY Daily Average 2008 Change YtD Orderbook Vol Feb 29, 2008 Change YoY 1 1 All Asset Classes – Total 178,715,679 31.71% 8,510,270 386,154,762 44.15% 64.52% 135,309,192 12.37%

Traded Contracts Open Interest

Further statistics are available on the Eurex website www.eurexchange.com > Market Data > Statistics.