TMX Group and London Stock Exchange Group Joint Statement on Canadian Regulatory Filing Process

TORONTO, LONDON, April 29 /CNW/ - TMX Group and London Stock Exchange Group (LSEG) have initiated the application process with Canadian federal and provincial authorities regarding their proposed merger.

Application for review under the Investment Canada Act was made today. LSEG has committed to publicly disclosing undertakings made at the conclusion of the review process.  As part of the application process, TMX Group and LSEG have held discussions with provincial securities regulatory authorities. Communications regarding these applications, which will be made in the coming weeks, and their publication will be made by the various provincial securities regulators according to their individual processes.  All applications will be based on the terms of the merger agreement made public on February 9, 2011.

The Ontario Select Committee has taken considerable time to review the merits of the merger and to prepare a detailed report containing a number of recommendations.  This report, as well as other feedback received during the regulatory review process, will receive full consideration during the course of the approval process with the various authorities.

TMX Group and London Stock Exchange Group remain committed to ongoing dialogue with all stakeholders in the weeks ahead and look forward to working constructively with Canadian federal and provincial authorities to achieve the approvals required for the merger.

About TMX Group (TSX-X)

TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (Houston, Boston and Chicago) as well as in London. For more information about TMX Group, visit our website at www.tmx.com.

About London Stock Exchange Group plc (LSE.L)

London Stock Exchange Group plc sits at the heart of the world's financial community. LSEG operates a broad range of international equity, bond and derivatives markets, including the London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, LSEG offers international business unrivalled access to Europe's capital markets.

LSEG is a leading developer of high-performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.

Headquartered in London and with significant operations in Italy and Sri Lanka, LSEG employs approximately 1,500 people. Further information on LSEG can be found at www.londonstockexchangegroup.com

SOURCE TSX Group Inc.

For further information:

Carolyn Quick
Director, Corporate Communications
TMX Group
416-947-4597, carolyn.quick@tmx.com

Victoria Brough
Head of Media Relations
London Stock Exchange Group plc
+44 (0)7967 044840, vbrough@londonstockexchange.com


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