Barry Marshall of Gartmore Investment Management Elected as Co-Chair of FIX Europe Regional Committee

January 13, 2004 FIX Protocol Limited (FPL) has announced that Barry Marshall of Gartmore Investment Management has been elected to the Co-Chair position of the Europe Regional Committee. Mr. Marshall will serve in this role for two years.

Barry joined Gartmore as Head of Derivative Investment in 1991 and is currently the Chief Operating Officer of the Investment Division and responsible for dealing, derivatives and operations.

Following commercial/corporate planning roles at Hawker Siddeley, GEC and Redland, he worked toward an MBA at London Business School spending a term at Stanford Business School, California. After working as an investment analyst at Capel-Cure Myers and Swiss Bank Corp, Barry changed disciplines at SBC establishing a warrants and convertibles specialisation. He moved to Citicorp Scrimgeour Vickers and, at Citicorp Investment Bank, established an 'Over The Counter' equity derivatives operation.

As co-chair of the FPL Europe Regional Committee, Barry will work alongside Maria Domnick of Credit Suisse First Boston. Maria stated, "I am extremely pleased that Barry has been elected to join me in chairing this distinguished group of industry professionals. The expanded use of FIX to serve different functions requires significant industry participation. I have great confidence that Barry and I will work together with the Europe members to continue to promote the adoption and implementation of FIX throughout Europe. Our combined efforts will be essential in the movement toward straight through processing across all regions."

Contact:
Ms. Maria Domnick at: +44 (0) 207-888-1276 (United Kingdom)
Mr. Tom Jordan at: +1 (212) 652 4469 (FPL Program Office)

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