MARKIT HIRES DIRECTOR OF ACQUISITIONS AND STRATEGIC DEVELOPMENT

London - Markit Group Limited ("Markit"), the leading industry source for independent mark-to-market pricing and asset valuations, today announced the appointment of Will Meldrum as Director of Acquisitions and Strategic Development. Meldrum, who will be London-based, will focus on the firm's global acquisition strategy and the development of significant growth opportunities.

Prior to joining Markit, Meldrum worked at Deutsche Bank for four years, as Director and Head of Global Markets Strategic Investments. In this role, he managed Deutsche Bank's interests across a diverse portfolio of investments with a key focus on industry consortia, electronic trading systems and data. In August 2003, he worked on Deutsche Bank, JPMorgan and Goldman Sachs' sale of RED (Reference Entity Database) to Markit.

Previously, Meldrum worked at Barclays Capital as a Manager in both the TMT (Telecoms, Media and Technology) team and Barclays Private Equity. He holds an MA from Edinburgh University and an MBA from London Business School.

Meldrum said: "My new role at Markit is a natural extension of my previous role in which I participated in the growth of companies as a non-executive board member and customer. At Markit, I shall be taking on deeper executive responsibilities and I look forward to working with the management team to identify and develop strategic initiatives."

Lance Uggla, Chief Executive Officer of Markit commented: "Markit's fast pace of expansion brings with it an increasing need for greater resources focused on our key growth prospects, whether organic or via acquisition. Will has proven skills in identifying and executing on key opportunities, and is highly experienced in the financial consortia space. We are delighted to have him on board."

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