London, 10 March 2010

CarbonDesk is today pleased to announce the launch of its new option price display and intent platform, CarbonDesk Option Platform (COP). The first successful transactions took place on Monday 18th January 2010 after five months’ development. Following extensive market testing the system is now ready to be used by a wider audience. CarbonDesk, a new entrant to the emissions broking world, had identified the lack of specialist price display systems in the growing ECX options market. Brett Stacey, Chief Executive of CarbonDesk, said “Our clients had indicated that they wanted both anonymity and visibility in the options market which has so far been lacking. We have now found a way to meet both these requirements with the widest distribution of prices over the full range of available ICE cleared options.”

The new system is a free plug-and-play desktop program developed exclusively for broking clients of CarbonDesk who wish to display prices in options where they are required to show the live premium they want in a particular option. There is no widely used system which allows clients to advertise live emission option prices.

Patrick Birley, Chief Executive of the European Climate Exchange, commented on the development “Options volumes in the emissions markets have experienced tremendous growth in recent years and there is little doubt that this trend will continue. We are delighted to see initiatives such as CarbonDesk’s COP, which provides its users with additional tools to support their trading activity and leads to increased price transparency”.

One of the participants in the first transactions said “This will give us the ability to stream our prices to the widest possible audience in real time and we are excited by the development of what is a very important asset class.”

CarbonDesk Limited transacted its first order in August 2008 and CarbonDesk Group Plc (its parent company) listed on Plus Markets in February 2009. CarbonDesk Limited became regulated by the FSA in August 2009 at which time it began its planned strategy to develop the emissions derivative market. In January 2010 CarbonDesk Group Plc announced its maiden profit for the six months ending October 2009.

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