Paris, 3 December 2010

BlueNext, the environmental trading exchange, widens its product range today by launching a BlueNext Spot ERU* contract. This launch follows two successful ERU Auctions in January and September of this year, and is in direct answer to the growing demand from the market for a continuous Spot ERU market.

BlueNext’s spot members will benefit from the one platform to trade all of the underlyings (EUA, CER and ERU). This ERU launch will give the market a clear price signal and therefore greater transparency to the market as a whole.

Orbeo and STX Services made the first transaction at 8.25 for EUR 11.72 this morning. Jérôme Malka, Managing Director of Orbeo said: “Orbeo is very pleased to support the Spot ERU market for its first transaction. It is the first step to growing liquidity in this market.”

Ylvo de Groot, CFO of STX Services, said: “We are happy to announce that we did the first ERU transaction through BlueNext today. STX Services has many clients who wish to enter into ERU transactions. It is good that we now have a platform that offers liquidity and transparency."

François-Xavier Saint-Macary, Chairman and CEO of BlueNext said “We are very happy to be launching the Spot ERU. We hope the launch of this contract will give a clear price signal and attract everyone involved in the ERU market.”

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