Richard Fleming, Richard Heis and Mike Pink of KPMG LLP, the Joint Special Administrators of MF Global UK Limited, have announced today a timeline for the return of client money and client assets. MF Global UK Limited customers with claims against funds in the client money pool and/or with claims against client assets can complete and submit a claim form from Thursday 8th December. All claims against client assets and the client money pool are requested to be submitted by Friday 30th March 2012. There is no bar date (as provided for in the special administration regime) set at this stage for claims against client assets.

Richard Heis, Joint Special Administrator of MF Global UK, said: “Putting a timeline into place creates an important framework for the return of client assets and client money. This helps to create certainty around the number and size of claims with the intention of allowing a return of a proportion of client funds before 30th March 2012. The proportion of the client money pool to be distributed initially is dependent upon:

• The return of sufficient funds from third party institutions
• The ability of the Joint Special Administrators to make adequate provision for all possible claims in respect of client money

Subsequent distributions will be made in due course, once claims in relation to client money have been further resolved.”

As part of their reporting procedures, the Joint Special Administrators intend to inform the Court of the timetable and procedure set out in this notice, including their intention to make an interim distribution.

It is proposed that, provided these steps have been completed, an interim distribution from the client money pool will be made to a claimant with a client money entitlement within 14 days after its claim has been agreed by the Joint Special Administrators.

Claim forms will be available to download from the website from 8th December 2011: www.kpmg.co.uk/mfglobaluk. The claim form sets out the requisite information; how to complete the form; where to submit the form and other relevant conditions.

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For all non-press queries, please email your details to:

E: mfglobalclaims@kpmg.co.uk

The administrators will respond to your query as soon as possible

For further information please contact:

Giles Robinson, MHP

T: 020 3128 8788

E: giles.robinson@mhpc.com

Leo Wood, MHP

M: 07737679460

E: leo.wood@mhpc.com

Katie Hunt

T: 020 3128 8794

E: katie.hunt@mhpc.com

KPMG Press Office: +44 (0) 207 694 8773

Notes to Editors

Richard Fleming, Richard Heis and Mike Pink of KPMG LLP were appointed Joint Special Administrators of MF Global UK Limited, a UK based broker-dealer business, and MF Global UK Services Limited, which provides employee and pension services in relation to the UK operations, at 5pm on Monday 31st October 2011. MF Global UK Limited is a wholly owned subsidiary of MF Global Europe Limited which in turn is a subsidiary of MF Global Holdings Limited, a company incorporated in Delaware, USA, which filed for chapter 11 bankruptcy protection on 31st October.

The objectives of the administration are:

• To ensure the return of client assets as soon as is reasonably practicable
• To ensure the timely engagement with market infrastructure bodies and the Authorities pursuant to regulation 13
• To either rescue the Investment Bank as a going concern or wind it up in the best interests of creditors

About KPMG

KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with nearly 11,000 partners and staff. The UK firm recorded a turnover of £1.6 billion in the year ended September 2010. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have more than 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.