Markit to Launch ABX.HE 05-2 Index

New Index will Provide Investors with Greater Ability to Gain or Hedge Vintage Exposure

New York, NY- Markit, the financial information services company that owns the Markit ABX.HE index, today announced plans to launch an ABX.HE 05-2 index on October 2, 2008. The ABX.HE is a tradable synthetic index of U.S. sub-prime asset-backed securities.

The addition of the new index, following a majority vote of licensed dealers, will provide institutional investors with a greater ability to gain or hedge exposure to an earlier vintage of U.S. residential mortgage-backed securities (RMBS).

The Markit ABX.HE 05-2 index will reference 20 qualifying RMBS deals issued in the first half of 2005. The deals will be selected according to the rules governing the index which are publicly available on Markit’s web site at:
www.markit.com/information/products/category/indices/abx/documentation.html

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For further information, please contact:

John Dooley
Vice President, Corporate Communications
Markit
Email: john.dooley@markit.com
Telephone: +1 212 205 1310

Teresa Chick
Managing Director, Corporate Communications
Markit
Email: teresa.chick@markit.com
Tel: +44 20 7260 2094

About Markit
Markit is a financial information services company with more than 1,000 employees in Europe, North America and Asia Pacific. Over 1,000 financial institutions use our independent services to manage risk, improve operational efficiency and meet regulatory requirements. For more information, see www.markit.com.