Amsterdam, Brussels, Lisbon, London, Paris, 1 April 2004 For the first month ever, in March 2004, Euronext.liffe traded more short-term interest rate (STIR) futures and options contracts than any other exchange in the world, with a total volume of 36.1million contracts.

Hugh Freedberg, Chief Executive at Euronext.liffe, said: March has been a key month in the development of our business. This has been our busiest month ever for short-term interest rate products, which are being used by a growing number of financial institutions to hedge their interest rate risk. Last month we traded more STIR products than any other exchange in the world.