Knight Equity Markets International Chooses JPMorgan Globeclear for Clearing and Settlement

London, March 7, 2007 – JPMorgan Worldwide Securities Services today announced that, Knight Equity Markets International, following a comprehensive competitor review, has chosen JPMorgan GlobeClear to provide its global clearing and settlement services.

Knight began a review at the end of last year of its requirements for the clearing, settlement and related services of its on- and off-exchange trading activity. After the review, Knight reappointed JPMorgan GlobeClear, which has provided over the counter (OTC) and on-exchange securities clearing for Knight since 2004.

Christiane Macedo, global head of GlobeClear, said, “Knight has been a trusted partner for the last three years. We are pleased to have been retained by Knight and will continue to be flexible to meet Knight's service expectations.”

GlobeClear (www.jpmorgan.com/globeclear) provides clearing and settlement agency services covering all fixed income and equity securities for banks, brokers and hedge funds that want to trade in the global markets. It provides access through a single point for 21 exchanges and for more than 55 over the counter markets.

About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $13.9 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services. For more information, please visit www.jpmorgan.com/wss.