London Stock Exchange increases its 2016 interim dividend by 11.1%

DividendMax Ltd.

London Stock Exchange increases its 2016 interim dividend by 11.1%

Continued good financial performance with growth across all core business areas - in particular, in Information Services, including strong results at FTSE Russell, in Capital Markets and at LCH

Revenue up 9% to £721.9 million (H1 2015: £663.0 million); total income up 11% to £785.8 million (H1 2015: £705.9 million)

Adjusted operating profit up 9% at £333.3 million (H1 2015: £305.7 million) as operating expenses remained well controlled while continuing to invest in growth opportunities; operating profit of £199.0 million (H1 2015: £210.5 million)

Profit after tax of £114.5 million (H1 2015: £130.8 million) which included non-recurring merger related expenses; and, after accounting for the previously announced tax effects of the Russell IM sale, becomes a loss after tax of £15.9 million on a reported basis including discontinued operations (H1 2015: £165.1 million)

Adjusted EPS up 16% at 57.7 pence (H1 2015: 49.9 pence); basic EPS down 18% to 27.4 pence (H1 2015: 33.4 pence)

Interim dividend increased 11.1% to 12.0 pence per share (H1 2015: 10.8 pence per share) in line with our stated dividend policy

Strong balance sheet position with leverage reduced to 1.3 x net debt:EBITDA

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