Mark-it Partners Selects eurospectus.com as Prospectus Source for Project RED

London - 18 September 2003 - Mark-it Partners Limited, a leading credit derivatives information provider, today announced that it has chosen europrospectus.com, the online text-, and clause-searchable prospectus service, to supply it with prospectuses to support Project Red.

europrospectus.com will provide Mark-it Partners with all relevant prospectuses of reference obligations to support Mark-it Partners' work on creating a unique database (called "Project Red") of reference entities for the credit markets. The results of this work will be available to the credit markets as an online database before the end of October 2003.

Tom McNerney, managing director responsible for the implementation of RED at Mark-it Partners, noted the importance of getting access to the prospectus of reference obligations: "It is vital that traders in the credit markets can easily and unequivocally agree on the same reference entity and reference obligations. The prospectus of a bond issue is a vital input to do so. We are impressed with europrospectus.com's coverage of the market, ease of use and ability to find relevant information quickly via text and clause searches."

Marc ter Kuile, president of europrospectus.com, today commented, "We are delighted to have been chosen by Mark-it Partners to support their service to the credit markets. We have invested a great deal of time and effort in sourcing relevant documents, recording the precise name of the issuing entity and offering text- and clause-searching to our clients. It is great to see it is appreciated."

- Ends -

About europrospectus.com

europrospectus.com was set up in 1997 to provide quick and precise access to hard-to-find prospectuses and clauses within them, via text, field and clause searches. The global service (www.europrospectus.com) is now being used by leading investment banks and law firms, as well as asset managers, accountants, consultants, regulators, academic institutions and other participants in the international capital markets. europrospectus.com can offer its service for internal use only, or to be incorporated within a client's extranet, or both.

About Mark-it Partners

Launched in February 2003, Mark-it Partners Ltd is an independent company offering the world's first daily service for pricing credit derivatives and cash credit instruments, providing credit data to any market participant for the first time.

Mark-it Partners contributing Partners include ABN Amro, Bank of America, Citigroup, Credit Suisse First Boston, Deutsche Bank, Dresdner Kleinwort Wasserstein, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley, TD Securities, JPMorgan Chase Bank, UBS. These banks feed current and historical credit data into the Mark-it system on a daily basis, facilitating better decision-making and credit risk management within banks' credit operations.