HUPX Selects Trayport(R)'s GlobalVision(SM) Exchange Trading System

LONDON, February 8, 2011 - Trayport, a leading provider of exchange trading systems, and
HUPX, the Hungarian Power Exchange based in Budapest, today announced that an
agreement has been reached for the exchange to use Trayport's GlobalVision
(SM) Exchange Trading System for the operation of HUPX's physical futures
market.

HUPX will go-live with Trayport's GlobalVision Exchange
Trading System in the second quarter of 2011.

The exchange was established to create an organised market in
Hungary. HUPX will initially list local Hungarian contracts including
monthly, quarterly and yearly base and peak load futures products. In
addition, HUPX and European Commodity Clearing AG (ECC) have signed a Letter
of Intent on the provision of clearing services for the Hungarian physical
futures market. As dedicated clearing partner for HUPX, the Leipzig-based
clearing house already provides clearing and settlement for the Hungarian
spot market products.

HUPX launched its Hungarian day-ahead power market in
partnership with EPEX Spot in July 2010 with the first auction of day-ahead
power contracts. HUPX will now use Trayport's exchange platform for its
physical futures market launch.

"Trayport's GlobalVision Exchange Trading System is ideally
placed to meet HUPX's need to develop a national exchange for Hungary
providing its members with the best technology for immediate and transparent
trading," said Zoltan Medveczki, CEO of HUPX. "Our members asked specifically
that we use Trayport, as it offers proven delivery of exchange trading
systems for power and energy across Europe."

"Trayport is looking forward to helping HUPX establish itself
as the primary market for trading power spot and futures in Hungary and is an
indication of how Trayport intends developing business in Central and Eastern
Europe," said Akash Nakarja, Sales Manager, Trayport. "HUPX is also important
to Hungary, now futures contracts will be listed by the national exchange for
the first time."

Trayport's system also provides integration with GlobalVision
Trading Gateway(SM) giving HUPX technical access to more than 160 active
trading companies across Europe helping to improve liquidity for HUPX.

    Contact:
    Marcel Kay
    +44(0)207-960-5561
    marcel.kay@trayport.com

Contact: Marcel Kay, +44(0)207-960-5561, marcel.kay at trayport.com