Murex enhances its Credit Derivative Solutions with Markit's Benchmark Pricing

Paris/London, 25 November, 2005 - Murex today announced a strategic partnership with Markit Group Limited ("Markit") that offers mutual customers integrated access to Markit credit pricing and reference entity data (RED) with Murex's credit derivatives trading and risk management platform.

The alliance of the Murex risk platform with Markit's credit data set will allow joint customers to substantially enhance their trading and risk management capabilities with online access to market standard reference entity names together with benchmark credit default swap (CDS) and bond pricing.

"Markit is pleased to establish a strategic relationship with Murex which integrates a leading risk platform with benchmark pricing and reference data for the credit derivative markets. This partnership will provide our joint customers with a comprehensive platform for managing global credit trading, risk management and operations activities," said Mark Hunt, Director, Product Development at Markit.

Maroun Edde, Managing Partner of Murex, added, "Markit is the benchmark supplier of data for credit derivatives, and Murex is a leading supplier of trading and processing platforms used by the most innovative banks and asset managers around the world. Creating an interface between Murex and Markit was a natural first step of close collaboration between the two firms for the benefit of our mutual clients".

About Murex

With over 200 sites worldwide, Murex has developed a leading competence in the design and implementation of integrated and cost effective software solutions to support the entire trading, risk management and processing cycles of credit derivatives, interest rates, foreign exchange, equity and commodity instruments. The Murex innovative solution delivers superior power and flexibility from high volume trading to exotic product structuring. A team of over 500 specialists, located in Europe, Asia and America, are dedicated to providing clients with the best support in the industry. For more information, please visit www.murex.com

About Markit

Markit is the benchmark industry source for independent pricing and valuations for global financial and energy markets. The company is an independent enterprise with which the world's leading financial institutions and energy traders work to create price transparency. Today, Markit enjoys the sponsorship of 18 financial institutions, who manage assets in excess of $10 trillion, and data contribution relationships with over 50 dealing firms. Markit has 20 market leading services which are used by over 300 institutions globally. Areas of product expertise include OTC derivatives (credit, equity, FX, rates, energy, power, metals and structured products), corporate bonds, syndicated loans, dividend forecasting, and index and ETF management. In 2005, Markit's services to the derivative markets have been acknowledged by the industry with awards from Financial News for Best Derivatives Data Provider, and from Institutional Investor's 'Operations Management' for Vendor of the Year. For more information about Markit,see www.markit.com

For further information, please contact:

Murex
Lise Yacoub
Marketing and Communications Manager
Tel: + 33 1 44 05 32 00
Fax: + 33 1 44 05 32 10
Email: lise.yacoub@murex.com

Markit
Teresa Chick
Marketing and Communications Manager
Tel: +44 (0)20 7890 5094
Email: teresa.chick@markit.com