Eurex Clearing:One of the largest European banks, Societe GeneraleCorporate & Investment Banking, has become a clearing member of EurexOTC Clear for Interest Rate Swaps (IRS). By joining this new CCP for OTC derivatives, Societe Generale Corporate & Investment Banking and its clients will thus be able to prepare for the start of the clearing obligation in Europe.

"As a leading Euro derivatives fixed income house, we are pleased to join the Eurex IRS Clearing platform. This move is part of the bank's active preparation for new regulation under EMIR. Societe Generale Corporate & Investment Banking is committed to bringing liquidity and support to key IRS OTC Clearing platforms", said Amaury d'Orsay, Global Head of Long Term Rates at Societe Generale Corporate & Investment Banking.

"We are very pleased to on-board Societe Generale Corporate & Investment Banking as clearing member. This move proves our appealing approach for large sell-side banks given the banks size and importance. By joining our OTC clearing service, they are able to realize capital efficiencies while benefitting from enhanced safety and transparency," added Thomas Book, member of the Eurex Executive Board and responsible for clearing.

With its new service EurexOTC Clear for IRS - launched on 13 November 2012 -, Eurex Clearing will fully integrate the clearing and collateralization of OTC and listed derivatives in a single clearing house within one single framework. The new service, which will be further expanded in 2013, is one important element of Eurex Clearing's comprehensive roadmap in preparing for the changing regulatory environment.

Media Contacts:

Eurex Group:

Heiner Seidel, phone: +49-69-2 11-1 15 00, e-mail: heiner.seidel@eurexgroup.com

Societe Generale Corporate & Investment Banking

Antoine Lheritier, phone: +33 1 42 13 68 99, e-mail: antoine.lheritier@sgcib.com

Ila Kotecha, phone : +44 207 676 6804, e-mail: ila.kotecha@sgcib.com

About Eurex Clearing

Eurex Clearing is one of the leading central counterparties globally - assuring the safety and integrity of markets while providing innovation in risk management, clearing technology and client asset protection. Eurex Clearing provides fully-automated, straight-through post trade services for derivatives, equities, bonds, secured funding & financing and energy transactions, as well as industry-leading risk management technologies.

As part of Eurex Group, Eurex Clearing serves more than 110 clearing members in 10 countries, managing a collateral pool of around 45 billion euros and processing gross risks valued at almost 10 trillion euros every month. In 2011, we cleared over two billion derivatives contracts - nearly half of which were traded OTC.

Find out more at www.eurexclearing.com

Eurex Group is comprised of Eurex Exchange, the International Securities Exchange, the European Energy Exchange, Eurex Clearing, Eurex Bonds and Eurex Repo. Eurex Group is owned by Deutsche Börse AG (Xetra: DB1).


Société Générale Corporate & Investment Banking

At the core of Société Générale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 12,000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific.

Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise ininvestment banking,global finance, andglobal markets.

ForCorporates,Financial Institutionsandpublic sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.
Forinvestors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward looking research across asset classes.

www.sgcib.com
distributed by