Markit Appoints Morgan Stanley Credit Head

London and New York, NY – 29 July 2008

Markit, a financial information services company, today announced that Armins Rusis will join its executive team.

Rusis will join Markit’s New York office as an Executive Vice President and Global Co-Head of Fixed Income, sharing responsibility for the firm’s data and analytics products with Kevin Gould, Executive Vice President and a founder of Markit.

Rusis worked at Morgan Stanley for 17 years, most recently as Managing Director and Head of U.S. Credit Trading and Global Head of Securitized and Structured Credit Trading. He was a member of the Morgan Stanley European management committee as well as the firm’s fixed income operating committee. Rusis also served as the Morgan Stanley Board Director of Markit for three years. Rusis holds a B.A. in Economics and Accounting from the Wharton School of the University of Pennsylvania and a M.S. from the Sloan School at the Massachusetts Institute of Technology.

Kevin Gould, Executive Vice President of Markit, said: “The appointment of Armins to the Markit executive team will significantly strengthen our ability to develop solutions for the market, and demonstrates our commitment to employ people of the highest calibre. Simply put, his enthusiasm, drive, deep experience and knowledge will help us position the company for the next stage of our growth.”

Armins Rusis said: “Markit is a company I know very well, having served as a board member for several years. I have always been impressed with Markit’s dynamic growth and entrepreneurial culture, and I am looking forward to joining the firm. Kevin and I have some very exciting plans to develop new products and services that will help support the continued growth of the OTC markets worldwide.”

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