Trayport, a leading supplier of multi-asset class electronic
trading systems, today announced that the European Energy Derivatives Exchange N.V.
(Endex) has started the trading of Belgian Power Forwards on it’s GlobalVision Exchange
Trading System.

In addition to supporting Dutch Power Futures, Trayport’s GlobalVision will now also
provide Endex with the ability to trade Belgian Power Forwards. This new initiative aims to
tap into the demand created by the Belgian Virtual Power Plant (VPP) auctions serviced
by Endex and delivers a continued resource of liquidity for players in the Belgian electricity

Endex launched their futures exchange with Trayport in December 2004. Since then
trading volumes in the listed Dutch power contracts have been increasingly stronger, with
record volumes reported in July 2005 for 13 TWh.

Aart Groenendijk Finance and Risk Manager at Endex, said: “Trayport’s GlobalVision is
well suited to this type of extension. Having successfully deployed Trayport’s platform for
Dutch power futures it was very simple to configure the screens for Belgian Forwards due
to the software’s flexible nature. Our participants are able to trade both markets alongside
each other on one screen.”

“Endex’s growth into the Belgian Power market is a perfect example of how our
GlobalVision Exchange Trading System can be rapidly adapted to reach new markets with
minimal deployment,” said Edmund Hor, Managing Director at Trayport. “The ability to
adapt to grasp market opportunities quickly and easily is essential to winning in today’s
trading environment. We are proud of our contribution to Endex’s success.”