Intercontinental Exchange Acquires Remaining Stake in ICE Endex from N.V. Nederlandse Gasunie

LONDON–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading operator of global
exchanges and clearing houses and provider of data and listings
services, today announced that ICE Endex is now a fully owned subsidiary
of ICE, following the acquisition of the remaining 20% stake of ICE
Endex shares from N.V. Nederlandse Gasunie. The transaction terms were
not disclosed and are immaterial to financial results.

In addition, ICE and Gasunie have signed a Memorandum of Understanding
(MOU) which sets out the basis for further cooperation between the two
parties in relation to the operation of the Dutch gas and power markets
following ICE’s acquisition of the Gasunie Shares.

“Gasunie have been terrific partners in building ICE Endex and in
growing the Dutch TTF gas futures and options complex to help customers
manage their price risk. Our acquisition of the remaining shares in ICE
Endex along with further cooperation with Gasunie will allow us to
further develop these markets and to serve the needs of our European gas
and power customers,” said David Peniket, President and COO, ICE Futures
Europe. “We look forward to continuing to work with Gasunie as we
collaborate in support of the growth of both the European and global
natural gas markets.”

Ulco Vermeulen, member of the Executive Board and Director
Participations and Business Development of Gasunie says: “Three years
ago Gasunie decided to join forces with ICE for a period of time to
develop a highly liquid, secure and efficient continental European
platform for trading gas and power. By bringing the expertise of both
companies together we have been able to deliver this initiative. Trade
is now flourishing and the 100% ownership by ICE is the most logical
step for the ICE Endex business.”

The Dutch Transfer Title Facility (“TTF”) is a virtual
trading point for natural
gas in the Netherlands, set up by Gasunie in 2003. Since that time
it has become the leading continental European benchmark and trading hub
for spot, forward and futures gas trades. As the leading energy exchange
in continental Europe, ICE Endex provides transparent and widely
accessible continental European markets for trading natural gas and
power derivatives, gas balancing markets and gas storage services.

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company that
operates a leading network of global futures, equity and equity options
exchanges, as well as global clearing and data services across financial
and commodity markets. The New York Stock Exchange is the world leader
in capital raising, listings and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual property
rights of Intercontinental Exchange, Inc. and/or its affiliates is
located at https://www.intercontinentalexchange.com/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 — Statements in this press release regarding ICE’s business
that are not historical facts are “forward-looking statements” that
involve risks and uncertainties. For a discussion of additional risks
and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE’s Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE’s Annual Report on Form 10-K for the year ended
December 31, 2016, as filed with the SEC on February 7, 2017.

SOURCE: Intercontinental Exchange

ICE-CORP

Contacts

Intercontinental Exchange
Media Contact:
James Dunseath
+44
20 7382 8216
[email protected]