Market Report - Jan 2002

London Stock Exchange Plc
12 February 2002

12 February 2002
MONTHLY MARKET REPORT FOR JANUARY 2002

-  53.6 BILLION UK SHARES TRADED IN POSITIVE START TO 2002
-  TOTAL TRADING VOLUMES UP 7% ON JANUARY 2001

Trading volumes across the London Stock Exchange's markets continued to grow in
January, with a 7 per cent increase in total trading volumes, compared with the
same month in 2001.


-         The number of average daily trades in UK and international shares rose
          by 7 per cent from 184,670 in January 2001 to 196,766 in January 2002.

-         53.6 billion UK shares were traded in January, up from 53.2 billion in
          January 2001.

-         The number of trades in international shares was up 17 per cent on the
          same month in 2001, rising from 1.28 million trades to 1.5 million.


The number of trades on SETS(TM), the Exchange's electronic order book, rose to
1.57 million in January compared with 1 million in January 2001.  Year on year
this represented a 57 per cent increase.

Trading in Exchange Traded Funds (ETFs) has continued to increase, reaching
3,431 trades in January 2002.  The previous high was 3,059 in November 2001.
There are 14 ETFs listed on the London Stock Exchange, which has risen from 3
ETFs in January 2001.

There were 21 new issues during January 2002, 6 of which were IPOs.   The 6 IPOs
were split between AIM (3) and the main market (3), raising £69 million between
them.  The total capital raised by new companies in January was £108 million.
In the same month in 2001, there were 22 new issues raising £82 million.

Ends

For further information, please contact:

Tiffany Hardie-Evans                        Press Office   [phone]
                                            [e-mail]

Notes to editors:
About the London Stock Exchange:

The London Stock Exchange is one of the world's leading equity exchanges and a
leading provider of services that facilitate the raising of capital and the
trading of shares.

The London Stock Exchange is the most international equities exchange by trading
in the world and Europe's largest pool of liquidity.  By the end of 2001, the
market capitalisation of UK and international companies on its markets amounted
to £4.1 trillion, with over £5.6 trillion of business transacted over the year.
The London Stock Exchange is a Recognised Investment Exchange (RIE) under the
Financial Services and Markets Act 2000 and is supervised by the Financial
Services Authority.



SETS - the electronic order book.

It is now over four years since the launch of SETS and the service continues to
go from strength to strength. Overall, the market is benefiting from tighter
spreads, greater liquidity and lower execution costs. Usage of SETS continues to
grow, as shown by recent record increases in the number of orders entered, the
number of firms using the order book and order book share of business. For more
information see our publication: 'SETS - four years on' available at
www.londonstockexchange.com/trading/pdfs/sets4years.pdf


Indices are calculated and managed by FTSE Group, a world-leader in the creation
and management of global equity indices. The FTSE Group is jointly owned by the
London Stock Exchange and the Financial Times, but operates as a wholly
autonomous company. For information about the company or any FTSE indices,
please contact [e-mail]

IPO - when a new company joins our market raising money.  This excludes
transfers and introductions (a company that joins a market without raising
money).

LONDON STOCK EXCHANGE CREST AND LOGO, SETS and AIM are trademarks of London
Stock Exchange plc.  FTSE is a trademark of London Stock Exchange plc and the
Financial Times Limited and is used by FTSE International Limited under licence.



LONDON STOCK EXCHANGE

MONTHLY FACTSHEET FIGURES

January 2002


                                                     2002                              2001
DOMESTIC EQUITY TRADING                         Month    Year to date             Month    Year to date

Equity Trading Value (£m)                     152,807         152,807           198,090         198,090
Number of Equity Trades                     2,832,929       2,832,929         2,779,240       2,779,240


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)                     261,400         261,400           368,891         368,891
Number of Equity Trades                     1,495,915       1,495,915         1,283,493       1,283,493


                                                              January 2002              January 2001

DOMESTIC MARKET CAPITALISATION £bn                                       1,521                        1,812

TOTAL NUMBER OF COMPANIES                                                2,881                        2,927
UK list                                                  1,799                     1,891
Foreign                                                  448                       500
AIM                                                      634                       536
techMARK                                                 240                       246






                                                       2002                             2001
MONEY RAISED £m                                   Month    Year to date           Month    Year to date

UK & AIM New Issues Equity                           71              71              82              82
Further, Rights and Other                           363             363             314             314
Bonds and Warrants                                4,668           4,668           1,363           1,363
Int. New Issues Equity                                -               -               -               -
Further, Rights and Other                            40              40              27              27
Bonds and Warrants                                5,301           5,301           3,757           3,757


COMPANIES ADMITTED IN MONTH                          21              21              22              22




INDICES PERFORMANCE                                 Month Close         Mvt in Month            Mvt in Year
FTSE100                                                 5,164.8                  -1%                    -1%
FTSE All Share                                          2,496.0                  -1%                    -1%
FTSE techMARK 100                                       1,347.1                  -9%                    -9%
FTSE AIM                                                  868.3                  -3%                    -3%





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