Sucden est pr?t pour la cotation du plastique sur le LME

Exchange (LME). Sucden est l’un des principaux membres de la corbeille du LME et dispose d’une équipe de courtiers bien établie et réputée dans les salles de marché.

( BW)(SUCDEN) Sucden Ready for Plastics Launch on the LME

Business Editors/Financial Editors

LONDON--(BUSINESS WIRE)--May 23, 2005--Sucden (UK) Ltd, one of London's leading commodity and financial futures brokers today signalled its strong support to actively trade the new Plastics Contracts from the first day of their launch on the London Metals Exchange (LME). Sucden is one of the leading LME Ring Dealing Members and boasts a well established and reputable trading team on the floor. The new Plastics Contracts are to be launched on 27 May and Sucden has been preparing for the launch over several months by developing its systems and by bolstering its trading team

Welcoming the launch of the LME Plastics Contracts, Chris Adams, Head of Metals Trading (LME) at Sucden said, "As a market maker on the LME we are fully prepared for the launch of the new contracts and believe they will enhance the operation of the Exchange. Sucden's trading team has a strong record in trading metals and I believe we will also be at the forefront of the new Plastics Contracts." The LME Ring Dealing team is complemented by Sucden's expanding client account team which forms part of the firm's Industrial Commodities Desk. Jeremy Goldwyn, Global Head of Industrial Commodities also expressed his readiness to trade the new Plastics Contracts; "the message is clear and simple, Sucden is prepared. We have clients ready to utilise the new contracts. Our investment in time, staff and systems illustrates our commitment and we remain optimistic that the contracts will quickly develop the liquidity and broad industry interest required to ensure their short term success and long term viability."

Notes to Editors

1. Sucden (UK) Limited has been operating in the Financial and Commodity Futures and Options markets for more than 30 years. The firm is one of the UK's leading Commodity and Financial Futures brokers and is a member of many of the world's major exchanges and has correspondent broker relationships for other Exchanges world-wide.

2. Sucden (UK) Limited's parent is Sucres et Denrees SA, a company incorporated in France. The Sucden Group has operations throughout the world.

3.Sucden (UK) Limited is authorised and regulated by The Financial Services Authority

About the LME

1. The LME will launch futures contracts for both polypropylene (PP) and linear low density polyethylene (LL) on 27 May 2005.

2. Both contracts will be traded:

a. simultaneously in open outcry via two five-minute 'Rings':

b. via the electronic trading system 'Select' between 07.00 and 19.00

c. 24 hours via the LME's inter-office telephone market

3. The LME is the world's premier non-ferrous metals market.

It has highly liquid contracts and a turnover value of some US $3,500 billion per annum

CONTACT: Sucden (UK) Ltd Tariq Ahmad Direct: +4420 7940 9459 Email: [email protected]