ANNEX U.K.LIST OF SERVICES

SECTION B U.K.Non-banking-type ancillary services of CSDs that do not entail credit or liquidity risks

Services provided by CSDs that contribute to enhancing the safety, efficiency and transparency of the securities markets, which may include but are not restricted to:

1.

Services related to the settlement service, such as:

(a)

Organising a securities lending mechanism, as agent among participants of a securities settlement system;

(b)

Providing collateral management services, as agent for participants in a securities settlement system;

(c)

Settlement matching, instruction routing, trade confirmation, trade verification.

2.

Services related to the notary and central maintenance services, such as:

(a)

Services related to shareholders’ registers;

(b)

Supporting the processing of corporate actions, including tax, general meetings and information services;

(c)

New issue services, including allocation and management of ISIN codes and similar codes;

(d)

Instruction routing and processing, fee collection and processing and related reporting.

3.

Establishing CSD links, providing, maintaining or operating securities accounts in relation to the settlement service, collateral management, other ancillary services.

4.

Any other services, such as:

(a)

Providing general collateral management services as agent;

(b)

Providing regulatory reporting;

(c)

Providing information, data and statistics to market/census bureaus or other governmental or inter-governmental entities;

(d)

Providing IT services.