LSE LN/DB1 GY - CONFIRMATION OF ICE PUSU DEADLINE - We just spoke to the Takeover Panel who confirmed that there is no firm PUSU deadline for ICE at the moment. We mistakenly reported in our morning note that the ICE PUSU deadline was today. We have obtained confirmation from the Takeover Panel that the PUSU deadline for ICE will be 7 calendar days before the LSE meeting to vote on the Scheme (in accordance with Appendix 7 of the Takeover Code which states “When an offeror has announced a firm intention to make an offer to be implemented by means of a scheme of arrangement and it has been announced that a potential competing offeror might make an offer (see Rules 2.6(d) and (e)), the Panel will normally require the potential offeror to clarify its position by no later than 5.00 pm on the seventh day prior to the date of the shareholder meetings.” As the Scheme timetable for the LSE/DB offer has yet to be published, there is currently no firm PUSU deadline for ICE.