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New member of the UK power market N2EXLysaker, 8 July 2010 Nord Pool Spot and NASDAQ OMX Commodities are pleased to announce Scottish Power Energy Management Limited as the latest member of N2EX, the new exchange for the UK power market. Scottish Power Energy Management Limited is now the 15th company to have joined the exchange since its launch on 12 January, 2010. Scottish Power’s membership marks a significant milestone for the exchange, as all the “big 6” utilities now have joined N2EX,” says Geir Reigstad, senior vice president of NASDAQ OMX Commodities. “We are pleased to welcome Scottish Power as the latest member on N2EX. Their arrival marks a pivotal point for the market as we work to establish greater liquidity on N2EX. In addition, we are looking forward to announcing more members in the near future”, says Mikael Lundin, CEO of Nord Pool Spot AS. Since N2EX launched a day-ahead auction and trading and clearing of prompt contracts, approximately 5 TWh has been traded on the exchange, with 4 TWh traded in the prompt market and 1 TWh traded in the day-ahead auction. 12 of the existing members are actively trading in the day-ahead auction and 11 are trading in the prompt. Members N2EX: E.ON Energy Trading SE, RWE Supply & Trading GmbH, Statkraft Markets GmbH, Vitol S.A, Royal Bank of Scotland PLC, EDF Trading Ltd., SSE Energy Supply Ltd., Morgan Stanley Capital Group Inc., Merrill Lynch Commodities Ltd., Deutsche Bank AG, Danske Commodities A/S, Gazprom Marketing & Trading Ltd., First Hydro Company, Accord Energy Limited and Scottish Power Limited. For further information, please contact N2EX:Geir Reigstad, senior vice president, NASDAQ OMX Commodities, phone +47 9084 6735 Michael Lundin, CEO Nord Pool Spot AS, phone +46 8 555 166 16 Press contacts: Siw Hauge, director communications, Nord Pool Spot AS, phone + 47 9061 5992 About N2EX The web site, www.n2ex.com, provides market information and documentation for the UK power market. About NASDAQ OMX Commodities NASDAQ OMX Commodities has more than 370 members from 20 countries covering a wide range of energy producers, consumers and financial institutions. For more information about NASDAQ OMX Commodities, visit www.nordpool.com and www.nasdaqomx.com/Commodities About Nord Pool Spot For more information, visit www.nordpoolspot.com. This document is being directed solely at and may only be communicated to persons: (i) who have professional experience in matters relating to investments as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO") or, (ii) who are high net worth companies, unincorporated associations and trustees of high value trusts within Article 49(2)(a)-(d) of the FPO, or (iii) to whom it may otherwise be lawful to distribute it (all such persons together being referred to as "Relevant Persons"). Any investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. |




