FPL released the following position statement regarding international standardisation efforts and the disposition of its 2001 Memorandum of Understanding (MOU) with SWIFT.

FPL and TowerGroup are pleased to release the results of the 2005 FIX Global Survey. The Survey has been considered an enormous success, drawing from nearly 600 firms worldwide, and provides a comprehensive perspective on the adoption and utilization of FIX across the global capital markets industry.

Please see the attached draft press release relating to the MILA initiative.