There are 24 registered market makers providing continuous pricing and a high quality pool of liquidity on London Stock Exchange order-book. Below includes some of these firms:

Bluefin Trading are specialists in market making ETFs and ETCs across a wide asset classes and issuers. Bluefin has long been established as an on screen official market maker in many stocks listed on the London Stock Exchange, but also offers competitive pricing for OTC counterparties. Our areas of expertise in the ETF space include Commodities, Emerging Markets and Fixed Income products. Our counterparties include banks, private banks, brokerage houses, institutional investors, wealth management and pension funds.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Commerzbank is Germanys second largest bank with over 11 million clients worldwide and one of the leading market makers for ETFs in Europe. Commerzbank has a long standing experience in market making and our capabilities in this space were further highlighted in 2009 when UBS chose Commerzbank to become the sole authorised participant for their ETF offering.

We cover a wide range of ETFs for all the major providers and are active on seven different exchanges in Europe, including the London Stock Exchange (as well as Deutsche Boerse, Borsa Italiana, NYSE Euronext Paris, NYSE Euronext Lisbon, SIX Zuerich, Nasdaq OMX). We are the biggest Designated Sponsor on Xetra in Germany (currently Europes biggest ETF market) as well as in Switzerland.

We are constantly working on expanding our product coverage. Currently we provide liquidity for iShares, db x-trackers, Lyxor, Source, Credit Suisse ETF, UBS ETF, Amundi, ETF Securities, EasyETF, RBS Market Access, SPDR ETF, ETF lab, Invesco PowerShares, ComStage and HSBC ETF.

For further information please contact:

Frankfurt Dealing Desk +49 (0)69 1362 2512

Flow Traders is an independent ETF & ETC proprietary trading house with major trading operations in Asia-Pacific, Europe, and the US.

With a team of over 190 professionals, of which more than 60 traders, Flow Traders provides continuous liquidity concentrating solely on ETFs & ETCs on all major exchanges worldwide.

Flow Traders flagship entity in Amsterdam has been chosen by industry participants as ETF Market Maker Europe 2013 by the Global ETF Awards for the 7th consecutive year and received the best trading house award for ETFs by ETF RISK in 2012 and 2013. Our office in Asia was also recognized for its role and was selected as ETF Market Maker Asia Pacific for the past two years.

Towards its counterparties FLOW has a dedicated and experienced 11-member ETF & ETC sales trading team handling orders:

• Relating to all issuers
• Listed on all stock exchanges
• Of all asset classes (Equity, Fixed Income, Commodity, Currency, )
• With large volumes in a single block trades
• During pre- and post- trading hours
• In Primary or secondary market (NAV/Risk)

Timely and reliable information is essential for sound investment. We see a growing number of ETF providers issuing an ever increasing number of products, which utilise a profusion of different structures; being independent, Flow Traders experienced team provides you with:

• Quarterly updated ETF & ETC Guides (tailored to your needs)
• ETF newsletters
• Analysis on request
• Information on how and when an order can be executed best (NAV/Risk)
• In-house ETF/ETC presentations
• Daily flow analysis

ETF-Line: +31 207 996 777

Goldenberg Hehmeyer LLP was founded in December 2005. The company specialises in electronic arbitraging across exchanges, asset classes and algorithmic trading. Since August, 2011, Goldenberg Hehmeyer LLP has been making markets in over 70 Exchange Traded Funds on the London Stock Exchange. The firm leverages off of its traders extensive ETF market making experience and industry know-how. We have been providing competitive two-way prices on all of the major European exchanges as well as off order book, with the emphasis on emerging market and fixed income underlying.

Founded in 2000, Jane Street is a highly experienced global ETF liquidity provider that offers reliable and consistent coverage on nearly all of the worlds major exchanges.

• 60 dedicated ETF Traders
• Competitive and dependable coverage across all ETF asset classes, including fixed income, emerging markets and commodities
• Provides OTC markets to professional counterparties
• In-Depth understanding of ETF products and markets
• Experienced dealing in primary market as an Authorized Participant (AP) in most European ETFs
• Trades over $2 Billion of ETFs globally per day

For additional information:

+44 (0)20 3100 3400

KCG provides clients with access to industry leading liquidity through a full spectrum of trading solutions coupled with selection assistance and market analysis in US and European ETFs.

Dedicated and Experienced Team: Award-winning global team. Focused on providing advising services and competitive liquidity in all ETF asset classes with desks located in the US and Europe.

Across ETF Issuers

Across Asset Classes

Agency and Risk Execution: Ranging from working orders on agency basis to providing risk pricing and execution via underlying components. Assist transitioning portfolios in and out of ETFs. Looking for the best source of liquidity, minimizing market impact and execution costs

Access to the Primary Market: Via Creation and Redemption capabilities providing clients with an alternative to secondary market trading

Support in Selecting and Evaluating ETFs: Based on clients specific objectives and restrictions, presented from an independent point of view, having no conflict of interest

Advice on Implementation Strategies: Defining the optimal execution path and strategy taking into account liquidity and regulatory considerations

Market Insights: ETF markets note published on daily and monthly basis, in addition to ad hoc analysis

Desk +44.207.997.2186

Email: etfeurope@kcg .com

Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With more than 1,300 offices in 43 countries, the firm is truly global — and a market leader in the U.S. Europe and Asia as well as in emerging markets. Morgan Stanley’s success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do. We seek to grow long-term relationships by virtue of our consistently rigorous thinking and the unsurpassed access to financial markets that Morgan Stanley can bring. This means providing leadership in specific areas such as investment banking, debt and equity underwriting, research, and sales and trading. We also focus increasingly on creating custom-tailored solutions that cut across functions to help our clients realize new opportunities and solve complex problems. Our aim is to be the first choice of everyone who deals in financial markets, whether as prospective clients, employees or investors.

Peel Hunt is a leading independent full-service trading and advisory house. We are experts in our chosen fields of corporate broking/finance, investor relations, research, institutional sales, sales trading and market making.

Our strong capital commitment by our market making and trading departments ensures we are regularly ranked as one of the top market makers. The electronic trading platform which we have developed is amongst the most sophisticated in our field.

Peel Hunt stock coverage:

FTSE 100, FTSE 250, Mid and Small Cap

AIM

Investment Trusts

Exchange Traded Funds (ETFs)

Fixed Income

Overseas Securities

The team is organised into market sectors to ensure you engage with highly expert traders. The breadth of our coverage and competitiveness of our pricing make us one of the leading market makers in the UK in terms of market share.

The combination of Peel Hunts independence and trading volumes ensures our clients receive the highest level of execution at the right price.

To assist in the development of the ETF sector, Peel Hunt has teamed up with two leading firms to form THREETF, whose goal is to bring to market a series of ETF educational and fund selection resources. Our LEARN resource can be found under ETF education on this site. To find out more please visit www.threetf.com

Optiver is one of the leading liquidity providers in Europe, the US, and Asia Pacific. Founded in 1986, our 700 colleagues are located across 4 continents and represent some 35 nationalities. We trade a wide variety of Delta 1 products, from equity futures and ETFs to ADRs and cash bonds.

Optiver has a team of specialized market makers that trade various ETF segments worldwide, covering:

Blue chips — European / US / Japanese / World

Sectors Stoxx Europe 600

MSCI indices

In Europe we have the biggest on-exchange market share for the products were trading. This is achieved by providing the narrowest possible spreads in combination with the highest possible volumes in both the Voice and Screen markets. In general, it is safe to say that we will only trade a product once we know well be able to quote the tightest spread. In the Voice market we serve a wide range of professional counterparties and we would be happy to provide you with more information via our ETF desk:

Phone: 00312 0708 7820

SIG Susquehanna (SIG) is a world leading liquidity provider across all major asset classes.

In Europe, SIG is ranked #1 ETF market maker*, offering competitive prices both on- and off-exchange in the majority of European and US listed ETFs, making markets across equity, fixed income and commodity based products from all the main issuers.

SIG has played an integral part in the success of ETFs over the past 10 years and has become an essential counterparty for anyone active in the ever-growing ETF space.

For more information please contact ETF sales desk on 00353 1802 8018.

*Source: Markit MSA contributor data for 2012

Societe Generale Corporate & Investment Banking

At the core of Societe Generales universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 10,000 professionals present in 34 countries across Europe, the Americas and Asia-Pacific. Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking. global finance. and global markets .

For corporates. financial institutions and public sector. providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.

For investors. offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes.

Timber Hill (Europe) AG was founded in 1993 and is regulated by the Swiss Financial Market Supervisory Authority FINMA. As one of the largest market makers on many of the worlds leading electronic exchanges, Timber Hill (Europe) AG provides liquidity by offering competitively tight bid/offer spreads over a broad base of tradable, exchange-listed products, including equity derivative products, equity index derivative products, equity securities, futures and exchange traded funds. As principal, we commit our own capital and our proprietary technology is the key to our success.

For additional information, please visit www.interactivebrokers.com

UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its leading universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will expand its premier wealth management franchise and drive further growth across the Group.

UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 60,000 people around the world.

For additional information, please visit www.ubs.com