Amsterdam, London, 23 November 2011

Energy exchange APX-ENDEX today announces the successful launch of new power developments on 22 November. APX-ENDEX announced the launch of the hourly continuous products and the reduction of the clip size on 10 November. APX-ENDEX is pleased to announce that the new initiatives were successfully brought to the market on 22 November. The first trading day has witnessed a positive response from the market to these initiatives with new hourly products being traded as well as attracting a variety of market participants to trading the smaller clip sizes.

The new hourly products is an important market improvement as it provides the market participants with further opportunities to trade their positions in hourly blocks instead of half hours and therefore increases their flexibility on the market.

Additionally, the Power UK Continuous market has seen the minimum clip size reduced from 1.0 MW to 0.1 MW, bringing the minimum order size to 0.1 MW as of 22 November. The new clip size has been warmly welcomed by the market participants and the trading results of the first day are encouraging. The new clip size lowers the barriers to entry through enabling members to trade smaller positions.

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For more information please visit www.apxendex.com and www.belpex.be