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Hypoport Investor Portal Links To Markit Pricing To Improve Investor Information In The European ABS Market

Berlin, 23rd August 2006 - Hypoport AG (Hypoport), a leading independent service provider for the financing industry, today announced that it has integrated Markit Group Limited's Asset-Backed Securities (ABS) pricing. Markit is the leading provider of independent data, valuations and trade processing for the OTC derivative markets.

Investors in the European ABS market can now get a complete view of ABS deal summaries, performance and research information from Hypoport together with Markit's independent pricing. Mutual customers that access specific deal information through Hypoport's Europace service can now access Markit's ABS pricing service, enabling them to compare deals, pricing and relative performance with ease.

Markit is the benchmark industry source of independent pricing, data and valuations for the global financial and commodities markets, and provides both composite and contributor pricing data on ABS securities. Markit's service is backed by over twenty of the leading market makers who provide same day bid / offer prices and spreads, and average life assumptions on more than 3,500 European ABS. The service covers Asset-Backed Securities (ABS), European Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS), and cash Collateralized Debt Obligations (CDO).

Martin Damaske, Head of Institutional Clients at Hypoport, said: "Institutional investors, research analysts and investment bankers alike are seeking a one-stop-shop for complete and detailed information not readily available in the European ABS market. By linking our platform to Markit's service, we are now able to make our mutual customers' lives easier".

 

Mark Hunt, Director of Product Development at Markit Group, commented: "We are very pleased to work with Hypoport to offer our mutual customers the means to access Markit's ABS service which is recognised to be the best source of multi-dealer ABS pricing in the market today."

- Ends -

For further information, please contact:

Hypoport AG
Dietmar Wilke
Sales Manager
Tel: +49 30 42086 165
Email: dietmar.wilke@hypoport.de

Markit Group Limited
Teresa Chick
Director, Corporate Communications
Tel: +44 (0)20 7260 2094
Email: teresa.chick@markit.com

About Hypoport AG

Hypoport AG is a leading independent service provider along the entire value chain in the financing industry. Its core competences are web-based state-of-the-art IT-solutions, professional know-how, strong brands as well as a business network which has grown for over 50 years.

As the European finance integrator, Hypoport provides platforms enabling borrowers, distributors, originators, servicers, portfolio managers and investors to cooperate and communicate through web-based B2B-platforms. These platforms are all based on our technology EUROPACE, which has become a relevant meeting place in the financing industry. Particularly in the mortgage industry, EUROPACE technology has set a the standard for processes and quality.

Hypoport is growing by 30% p.a. and, with more than 250 employees, processes a portfolio of mortgages to the housing industry, which is worth 15 bn Euros, and acquires nearly 12,000 new retail customers p.a. Hypoport's web-based EUROPACE platform services already cover a 10% market share of the entire mortgage business in Germany.

EUROPACE for investors as the comprehensive information platform for European securitisation combines research functionalities with performance monitoring and deal analysis in one platform.

www.hypoport.com

 

About Markit Group Limited

Markit Group Limited is the leading provider of independent pricing, reference data, portfolio valuations and OTC derivatives trade processing to the global financial and commodities markets. The company receives daily data contributions from 68 dealing firms, and its services are used by over 450 institutions to enhance trading operations, reduce risk and manage compliance.

Markit's position in the derivatives markets has been acknowledged by the industry with awards from Credit for Best Operational Support Services Provider 2006; Inside Market Data for Reference Data Provider of the Year 2006, and Company to Watch 2006; Risk Magazine for Trading Initiative of the Year 2006 (Credit Event Fixings); Structured Finance International's Editor's Award for Advancing Structured Finance 2006; International Securitisation Report's Editor's Award for Innovation 2005; International Financing Review's Innovation of the Year 2005 (Credit Event Fixings); Financial News' Best Derivatives Data Provider 2005; and Institutional Investor's Operations Management Award for Vendor of the Year 2005.

www.markit.com

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