Directorate Change

London Stock Exchange Plc
07 June 2004


News Release

7 June 2004
10/04


   TWO NON-EXECUTIVE DIRECTORS TO STEP DOWN FROM LONDON STOCK EXCHANGE BOARD


London Stock Exchange plc today announced that Ian Salter and Michael Marks are
to step down from the Board following the forthcoming AGM on 14 July 2004.

Ian Salter has been on the Board of the London Stock Exchange since its
incorporation in 1986, and has been deputy chairman for the past 14 years.
Michael Marks has been on the Board since 1994.

Chris Gibson-Smith, who chairs the Nominations Committee of the Board, will lead
the search for new non-executive directors.  He commented:

"I would like to thank both Ian and Michael for their substantial contribution
to the Board of the London Stock Exchange .They have both provided valuable
counsel through a period of transition from mutual to listed company. In
addition, I would like to express my gratitude to Ian as Deputy Chairman for the
support he has given to successive chairmen and for the work he has done as an
ambassador for the Exchange in international markets."

                                    - ends -

For further information, please contact:


John Wallace     

Press Office   [phone]   

[e-mail]


                      This information is provided by RNS
            The company news service from the London Stock Exchange