Standard & Poor's Teams With ICAP to Provide Global End-of-Day Mark-to-Market Data

Standard & Poor's Teams With ICAP to Provide Global End-of-Day Mark-to-Market Data

April 10, 2007

Standard & Poor's MasterFeed Will Enrich its
Evaluations Data With ICAP's Global Interest Rate, Credit
Market and Derivatives Pricing Data


    NEW YORK, April 10 /Xinhua-PRNewswire/ -- 

    Standard & Poor's, the leading provider of
financial market intelligence, and ICAP plc, the world's
premier interdealer broker, today announced an agreement to
offer ICAP's global market data to Standard & Poor's
clients. Standard & Poor's Securities Evaluations will
provide the ICAP data through MasterFeed, its consolidated
securities reference data and end-of-day pricing feed
service. 

    Standard & Poor's is enriching its evaluations with
ICAP data in response to growing demands from clients who
deal with complex global, multi-asset class instruments,
including Asian and European credit derivatives, Asian
government bonds and other fixed income products. Access to
ICAP's comprehensive and authoritative pricing data can help
Standard & Poor's clients improve overall portfolio
management and risk assessment.

    "This agreement gives our clients a single
delivery source of market pricing from ICAP, a market
leader in interest rate, credit, and derivatives
products," says J.R. Rieger, Vice President of Global
Evaluations for Standard & Poor's.  "As a result
of this enhancement, clients can leverage both Standard
& Poor's and ICAP's data to meet increased internal and
external demand for comprehensive, transparent market
coverage and consistent pricing."

    ICAP, the world's premier interdealer broker, sets the
standard for global market information and commentary for
professionals in the international financial markets.
Derived from ICAP's global daily average transaction
volumes in excess of $1 trillion, ICAP's unique data
represents pricing across a wide range of asset classes,
time zones and financial instruments. 

    "In today's global business environment,
independent sources of data are key to making effective
choices and developing successful solutions for evolving
regulatory requirements," says John Nixon, Director of
Global Market Data Services for ICAP. "We are pleased
to provide Standard & Poor's customers with consistent
pricing across all over-the-counter instruments to help
support their complex evaluations and investment
activities."

    The ICAP end-of-day pricing available in MasterFeed
includes: Asian Interest Rate Derivatives, Credit
Derivatives, and Money Markets; European Credit
Derivatives, Money Markets, Fixed Income, Interest Rate
Derivatives; Japanese Government Bonds; Global Foreign
Exchange; and U.S. Money Markets, Credit Derivatives, and
Interest Rate Derivatives.
 
    A market leader in pricing fixed-income and illiquid
securities, Standard & Poor's has provided independent
multi-asset class pricing for more than 35 years. With
extended coverage of high yield bonds and complex
structured products, such as CDs, interest rate swaps,
credit default swaps, CDOs, CLOs and European structured
finance bonds, Standard & Poor's supports customers'
diverse pricing and evaluation needs.  
						
    About Standard & Poor's Securities Evaluations

    Standard & Poor's Securities Evaluations, Inc.
("SPSE"), a wholly owned subsidiary of The
McGraw-Hill Companies, Inc., provides independent
fixed-income evaluations of over 2.9 million securities. 
It also distributes to its client base pricing data and
equity pricing services of other unaffiliated firms.  In
total, SPSE provides coverage for more than four million
global securities.  Prices of firms other than those of
SPSE are the responsibility of those firms and not SPSE and
are produced under the firms' methodologies and policies and
procedures, not those of SPSE.  Analytic services and
products provided by Standard & Poor's are the result
of separate activities designed to preserve the
independence and objectivity of each analytic process. 
Standard & Poor's has established policies and
procedures to maintain the confidentiality of non-public
information received during each analytic process. 

    About Standard & Poor's

    Standard & Poor's, a division of The McGraw-Hill
Companies (NYSE: MHP), is the world's foremost provider of
financial market intelligence, including independent credit
ratings, indices, risk evaluation, investment research and
data. With approximately 8,500 employees, including wholly
owned affiliates, located in 21 countries, Standard &
Poor's is an essential part of the world's financial
infrastructure and has played a leading role for more than
140 years in providing investors with the independent
benchmarks they need to feel more confident about their
investment and financial decisions. For more information,
visit http://www.standardandpoors.com .

    About ICAP

    ICAP is the world's largest interdealer broker with a
daily average transaction volume in excess of $1.5
trillion, more than 50% of which is electronic. The Group
is active in the wholesale markets in interest rates,
credit, energy, foreign exchange, equity derivatives and
emerging markets. In June 2006 ICAP acquired EBS, the
world's leading provider of FX trading and market data
solutions. ICAP plc was added to the FTSE 100 Index on 30
June 2006.  For more information go to http://www.icap.com
.


    For more information, please contact:

    Media:

    For Standard & Poor's: 
     Christopher Capot
     KNB Communications
     Tel:   [phone] x116
     Email: [e-mail] 

    For ICAP:
     Neil Shapiro
     Intermarket Communications
     Tel:   [phone]
     Email: [e-mail] 

    Product Information:

     Erin K. Cropley
     Standard & Poor's Securities Evaluations
     Tel:   [phone]
     Email: [e-mail]