Singapore, 2 August 2011

The Singpaore Exchange ( SGX) recorded net profit of $295 million ($320 million) in FY2011. Excluding the ASX-SGX transaction related costs and gain from disposal of premises, the underlying profit was $312 million ($318 million) and resulted in a return on equity of 38% (39%). This result was achieved on an improved revenue base of $661 million ($640 million).

The Board of Directors proposes a final dividend of 15 cents (15.75 cents) per share. This will bring SGX’s total dividend, including interim dividends to-date of 12 cents (11.25 cents), for the year to 27 cents (27 cents) per share or a 98% (90%) payout of the reported profit. In line with the current dividend policy, the Board has maintained the base dividend of 16 cents per share, or a quarterly payment of 4 cents per share.

Mr Magnus Bocker, SGX CEO, said “We are pleased with our performance despite a difficult environment for markets globally. We saw a record number of new member firms join SGX and some large, overseas listings. This enhances our standing and also contributed to increased international revenues. We will continue to focus on expanding SGX’s offering as the Asian Gateway by growing market participation, attracting more high quality listings, developing our distribution network, products and services, and implementing our new Reach technology.”

FINANCIAL YEAR ENDED 30 JUNE 2011 (FY2011)

* Revenue: $661 million ($640 million in FY2010)

* EBITDA: $411 million ($405 million) and Net Profit: $295 million ($320 million)

* Earnings per share: 27.6 cents (30.1 cents)

* FY2011 Proposed Final Dividend of 15 cents and Total Dividend of 27 cents (27 cents)

Business Highlights

FY2011 was a tough year for global markets. Securities turnover velocity and trading activities declined across markets although benchmark indices, particularly in Europe and the USA, recovered from the lows of Global Financial Crisis. MSCI Singapore Index ended the year 7% higher.

Whilst equity market volatility remained relatively low, we had a 6% increase in securities daily trading value (SDAV) to $1.6 billion ($1.5 billion). In addition, we also recorded an all time high derivatives volume of 66 million contracts (57 million contracts) or an average daily volume of 266,782 contracts (231,938 contracts).

We remain focused on expanding SGX’s Asian Gateway offering with the acquisition of new members and customers; introduction of new products and services; building a state-of-the-art infrastructure; and, making micro-market structural improvements. New products and services were already contributing revenue of $8 million, $3 million of which was in the last quarter, in FY2011.

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