INTERACTIVE DATA TO BUY ITALIAN REFERENCE DATA PROVIDER

Posted June 26, 2008

BEDFORD, Mass. – Market data provider Interactive Data Corporation has offered $29.5 million to acquire Kler’s Financial Data Service, a Rome-based reference data provider serving the Italian markets.

“We see Kler’s as an excellent fit for our pricing and reference data business, enabling Interactive Data to provide a more complete offering of high-quality Italian data to our current clients,” says Stuart Clark, President and Chief Executive Officer of Interactive Data. “Second, it supports our previously stated goal of growing our business outside North America by further strengthening our position as a leading financial information provider within the European market.”

Kler’s reference data includes corporate actions and taxation information, on Italian and international securities, with coverage of equities, listed and unlisted Italian bonds, funds, simple derivatives and warrants. Kler’s services are available as downloadable data feeds for back-office applications or through an online browser.

“Interactive Data and Kler's share the conviction that global data providers need to have deep local content in order to be most successful in regional markets, and we believe this is certainly the case in Italy, which has a vibrant fixed-income and structured products market,” says Stefano Di Stefano, Managing Director, Kler’s Financial Data Service. “We look forward to continuing to grow our business in Italy through the introduction of the unique Interactive Data content, particularly end-of-day pricing and bond evaluations.”