Tullett Prebon Appoints Rob Bilsland as Head of Electronic Broking, Asia Pacific

LONDON and SINGAPORE, March 31, 2010 - Tullett Prebon, one of the world's leading inter-dealer
brokers, today announces that Rob Bilsland has been appointed as Head of
Electronic Broking, Asia Pacific. This appointment is with effect from 5
April 2010.

Today's appointment is part of Tullett Prebon's continued
global investment in electronic platforms, further complimenting its hybrid
strategy which uses a combination of voice and electronic broking. Tullett
Prebon has successfully grown its suite of electronic platforms in Europe and
Northern America, and is now increasing its focus on Asia to ensure the
region fully benefits from this growth.

Rob will be based in Singapore where he will continue to
report to Paul Humphrey, CEO of Electronic Broking & Information. Rob was
previously based in London where he has successfully led the Client Services
division within the Electronic Broking department.

Paul Humphrey, CEO of Tullett Prebon Electronic Broking &
Information, commented:

"I am delighted that Rob will lead the growth of our
electronic business in Asia, building on the success Tullett Prebon has
achieved within Europe and North America leveraging the group's significant
IDB voice franchise to develop our advanced hybrid electronic broking
platform. Rob brings with him extensive knowledge of our current global
platforms and experience in implementing those systems to our clients."

About Tullett Prebon

Tullett Prebon (www.tullettprebon.com) is one of the
world's largest inter-dealer brokers and operates as an intermediary in
wholesale financial markets facilitating the trading activities of its
clients, in particular commercial and investment banks. The business now
covers seven major product groups: Volatility, Rates, Non Banking & Sterling
Cash, Treasury, Energy, Credit, Environmental and Equities. Tullett Prebon
Electronic Broking offers electronic solutions to these products.

In addition to its brokerage services, Tullett Prebon offers a
variety of market information services through its IDB Market Data division,
Tullett Prebon Information.

Tullett Prebon has its principal offices in London, New
Jersey, Hong Kong, Singapore and Tokyo, with other offices, joint ventures
and affiliates in Bahrain, Bangkok, Calgary, Frankfurt, Jakarta, Luxembourg,
Manila, Mumbai, Paris, Salt Lake City, Seoul, Shanghai, Sydney, Toronto,
Warsaw and Zurich.

For further information please contact:

Charlotte Kirkham

M:Communications +44(0)20-7920-2331

For further information please contact: Charlotte Kirkham, M:Communications +44(0)20-7920-2331