ICAP Energy Ltd 2 Broadgate London EC2M 7UR

Telephone: 020 7000 5000 Facsimile: 020 7000 5975 Website: www.icapenergy.com Regional contact: Paul Newman, Managing Director Telephone: 020 7000 5244 Email: paul.newman@icap.com

In 1990, ICAP Energy Ltd was formed as the first broker to provide a concentrated and committed focus on the fast-growing OTC energy derivatives markets. By 1999, the business had used its strong base in oil and oil products derivatives to expand its services into electricity, coal, natural gas and precious metals. ICAP Energy Ltd employs some 70 staff in its offices in London and Singapore and it corresponds actively with ICAP's leading electricity desk in Sydney, Australia.

ICAP Energy's operations were strengthened in 2002 through the acqusition of APB. This acquisition provided ICAP Energy Ltd with sister-company presences in power and gas throughout the USA, Holland and Norway.

ICAP Energy Ltd is wholly-owned subsidiary of ICAP plc, a London-based FTSE firm employing some 2,900 staff worldwide.

Products
Electricity and Natural Gas, Crude Oil and Oil Products, Weather, Coal, Auction Products, Emissions, Freight, Precious Metals, Base Metals

Offices
London, Singapore, New York, Sydney, Louisville, Chapel Hill, Houston, Bergen, Amsterdam anda team at NYMEX