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Statement re London Metal Exchange

In response to the CAT's judgment on LME today, John Fingleton, Chief Executive of the OFT said:

'We are pleased that the amount of costs being awarded to LME have been limited by the CAT. This is the first time that the OFT has used an Interim Measures Decision, and the OFT will now study the observations made in the judgment. This ruling only reflects the period that the IMD was imposed, and in no way affects the merits of the current investigation into LME being carried out by us.'

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