London, 13 June 2005 – Trayport, the leading supplier of electronic trading systems,
today announced its integration with the International Petroleum Exchange (IPE), enabling
users to view, post, monitor and trade IPE prices via Trayport’s GlobalVision Trading

Trayport and the IPE entered into an ISV partnership to extend access to the IPE’s futures
contracts via Trayport’s GlobalVision Trading Gateway. Trayport’s solution, serving as the
de-facto standard trading platform for commodities (OTC and exchange-traded futures),
will enable authorised traders to interact directly with the IPE alongside other electronic
commodity marketplaces.

Available globally from June 2005, users of Trayport’s GlobalVision Trading Gateway
platform will benefit from this integration of tradable IPE prices, enabling a more
comprehensive view of multiple commodity markets and faster, more efficient execution.
The IPE will get more order flow for its benchmark Brent contracts as well as support for
its new gas, power and European Climate Exchange (ECX) contracts.
Elliott Piggott, Commercial Director at Trayport, said: “We are extremely pleased to
provide the IPE link to our clients. There has been widespread interest from the market for
this level of integrated access and it will add liquidity to the commodity marketplace

Based on the current significant appetite for connectivity access Trayport is actively
evaluating additional third-party commodity links.