London, 22 January 2010

The Brazilian Securities, Commodities and Futures Exchange - BM&FBOVESPA announces the appointment of Cathryn Lyall as Director of BM&FBOVESPA (UK) Ltd, a wholly-owned subsidiary of BM&FBOVESPA. Ms. Lyall will be responsible for the set up and expansion of the new BM&FBOVESPA European office located in London, including all product and sales related activities in EMEA. The London office was inaugurated in November 2009.

Ms. Lyall will also be responsible for establishing regulatory relationships, education and training programmes, speaking opportunities, and developing marketing, and business development related activities targeted at potential customers in the region. She will report to Joao Lauro Amaral, head of International Business for BM&FBOVESPA.

Cathryn Lyall was previously the COO of Exchange Projects at ICAP Plc. From 2003 to 2008, Cathryn was Managing Director, EMEA, of the Chicago Board of Trade, prior to its acquisition by the Chicago Mercantile Exchange, and then Joint Managing Director, EMEA, for CME Group before her departure to ICAP. Prior to joining the CBOT, Ms. Lyall held a number of senior positions with Australian Banks and Financial Institutions in the trading and derivatives markets.

Edemir Pinto, CEO of BM&FBOVESPA, said, “Cathryn Lyall brings substantial industry and exchange market experience to this role. She has extensive contacts in the markets and we are delighted to appoint someone of her calibre to develop and expand our business activities in the EMEA region.”

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