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ACI - The Financial Markets Association
8 rue du Mail, F 75002 Paris, tel: +33 1 42975115

Dear friends,
it is with deep sadness and still in a state of shock that I have to inform you about a tragic incident.

Our good friend Armin Steppan passed away unexpectedly, he was found dead in the very heart of London. It is believed that Armin died of a heart attack, we have no other information.

It is extremely hard to accept Armin's death, he was so pleased after the Hong Kong meeting, he was so positive about the future, he was so relaxed, so full of energy.

We all definitely will miss him. As soon as I have further information I will inform you.

Please respect the widow's wish and refrain from calling her by the moment.

In deep sorrow - on behalf of ACI The Financial Markets Association.

Manfred Wiebogen
President ACI The Financial Markets Association



ACI - The Financial Markets Association
8 rue du Mail, F 75002 Paris, tel: +33 1 42975115

At a board meeting of Euribor ACI Mr Godfried De Vidts, Director of European Affairs at ICAP Plc was elected as President of Euribor ACI. At the same time, Mr Andreas Hauschild, Head of Liquidity Management at Commerzbank was elected as Vice-President. Mr Thierry Cazaux, Head of Compliance at ETC Pollak was elected as secretary.

Euribor ACI was founded in 1999 with the launch of the euro. Members are the executive members of the eurozone national associations of ACI – The Financial Markets Association. Associate members come from other European countries. Euribor ACI has a strong commitment to constructing and developing the financial markets in Europe. As such a number of European cross-border working groups have been established. Euribor ACI also participates in the management of the Euribor and Eonia indices and the maintenance of the Eonia Swap Index.

Godfried De Vidts commented;" Recent turbulence in the financial markets has once again shown the need for strong co-operation between the wholesale financial market participants and European central banks, regulators as well as the European Commission. I am committed to delivering a framework that will benefit this close working relationship in a professional way in order to create efficiencies and benefits for all"



ACI - The Financial Markets Association
8 rue du Mail, F 75002 Paris, tel: +33 1 42975115

Dear Presidents, Secretaries and Excom Members,
It is with great sadness that I must announce the death of Bill Hahn on late Saturday evening 16.6.2007. Bill was a good friend to the ACI Family and we will miss him.

We will inform you as soon as possible regarding the funeral arrangements, and ACI will issue an official notification in due course.

Bill's family are in our thoughts, and may his soul rest in peace.

Yours sincerly,

Manfred Wiebogen
President ACI The Financial Markets Association



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