With the launch of Phase One of the Global Clearing Link, The Clearing Corporation has enhanced its clearing participant monthly billing invoice report to reflect charges in both Euro and US Dollar currencies. Beginning with the November 2004 billing cycle, the present single currency report, Infopac ID ACT00012, will be replaced on Friday, December 3, 2004 with two segregated currency reports as follows:

Billing Invoice/Summary of Charges Report
Report ID	Currency
ACT00012E	Euro
ACT00012U	US Dollar

The first versions of the new billing invoice reports will be available for review on Friday, December 3, 2004 and will continue to be accessible on the third business day of each month.

In addition to the new billing invoice reports, the collection of charges in US Dollar as well as Euro will be moved from the fifteenth of each month to the sixth business day of each month. The first debit will occur on Wednesday, December 8, 2004.

Should you have any questions, please call or e-mail one of the following Client Services and Support Representatives:

John Compall		john.compall@clearingcorp.com
Richard Crilly	786-3842	richard.crilly@clearingcorp.com
Marc MacQuarrie	786-5732	marc.macquarrie@clearingcorp.com
Thomas Andrews	Director	thomas.andrews@clearingcorp.com
Client Services and Support E-Mail Address		css@clearingcorp.com
Clearing Corporation Web Site		http://www.clearingcorp.com