London Stock Exchange Group plc Annual Report and Accounts, Notice of Annual General Meeting 2015 and related documents.

The Annual Report and Accounts of the London Stock Exchange Group plc (the "Group") for the nine month period ended 31 December 2014 (the "Annual Report"), Notice of Annual General Meeting 2015 (the "AGM Notice") and related form of proxy for the Group's 2015 Annual General Meeting (the "AGM") are being mailed to shareholders today and, in accordance with paragraph 9.6.1 of the FCA Listing Rules, have been submitted to the National Storage Mechanism where they will shortly be available for inspection at www.hemscott.com/nsm.do.

In compliance with DTR 6.3.5 and Listing Rule 9.6.3, the following information is extracted from the Annual Report and should be read in conjunction with the Group's preliminary results announcement of 5 March 2015 (the "Preliminary Results"). The information reproduced below and the Preliminary Results together constitute the material required by DTR 6.3.5 to be communicated in full, unedited text through a regulatory information service. This is not a substitute for reading the full Annual Report.  Page numbers and cross references in the extracted information below refer to page numbers and cross-references in the Annual Report.  The Annual Report, the Preliminary Results and the AGM Notice can be viewed and downloaded at http://www.lseg.com/investor-relations.

 The Annual Report contains the following statements regarding important events that have occurred during the year on pages 14 to 15:

 "Chairman's Statement

"THE GROUP IS IN A STRONG POSITION, AND CONTINUES TO BE AS RELEVANT AS EVER TO THE SUCCESSFUL FUNCTIONING OF THE GLOBAL ECONOMY AND THE STABILITY AND EFFICIENCY OF THE INTERNATIONAL FINANCIAL SYSTEM."

Overview

London Stock Exchange Group has continued its strategy of expanding its global presence and business footprint while delivering growth, both through acquisition and organically. We have reaped the benefits of recent

acquisitions, LCH.Clearnet and FTSE, and have strengthened our position as a key facilitator of capital formation with resurgent IPO markets in London and Italy, helping companies raise over £42 billion during the course of the year.

In December 2014, we successfully completed the acquisition of Frank Russell Company, a strong strategic acquisition for LSEG and a rare opportunity to acquire a high quality US business with a leading global brand. The combination of FTSE and the Russell index businesses will give our Group a leading global index franchise, strongly positioned to capitalise on key industry trends such as growth in passive investment strategies, and will provide an excellent platform for attractive financial returns.

Financial performance and dividend

The Group delivered a good financial performance, with adjusted income on a 12 month basis up 26 per cent to £1,381.1 million. Adjusted operating profit rose 8 per cent, on an organic and constant currency basis, to £558 million. LSEG's delivery on its stated strategy is also reflected in the Group's share price performance, which reached a record high during 2014. A rights issue to partially fund the purchase of Frank Russell Company was successfully completed in September, expanding the number of shares in issue to 347 million. Given the change in the Group's accounting reference date to 31 December, we are proposing a final dividend of 12.8 pence per share. This results in a total dividend of 22.5 pence per share for the 9 month period, equivalent to 75 per cent of the dividend that would have been paid for a full 12 month period. The final dividend will be paid to shareholders on the register as at 8 May 2015.

Corporate Responsibility

We remain acutely aware of the wider role that our organisation plays in the communities in which we operate, and as a participant in the global economy. The Group's approach to corporate responsibility is founded on four pillars that are directly linked with the way we operate as a business: namely our markets, our services, our people and our community. In June 2014, LSEG joined the UN Sustainable Stock Exchanges Initiative as a partner exchange where we collaborate with peers to promote sustainable business practices and corporate transparency.

The wider role our business plays in society remains a key focus across the Group. In the past nine months, the Group donated over £1.5 million, a 21 per cent increase on the equivalent pro rated period last year. This is in addition to ongoing initiatives which individual employees undertake in conjunction with our partner charities across the globe. We have refreshed our corporate responsibility strategy and a summary of our activities can be found on page 40 and in a fuller corporate responsibility report, which can be accessed from our website.

Board changes

In August 2014, the Group's Board was further strengthened with the appointment of Sharon Bowles as a Non-Executive Director. Sharon brings extensive knowledge of the European and global political and regulatory trends impacting our business. Her experience and insight will be of great value to the Group, which continues to operate in an increasingly complex and evolving regulatory environment.

In July 2014, Paolo Scaroni stepped down after seven years as a Director and Deputy Chairman. We are grateful to Paolo for his significant contribution to LSEG's board since the merger with Borsa Italiana, providing sound and insightful counsel on the delivery of the Group's successful strategy.

Conclusion

At the Group's AGM in July 2014 I announced that it was the time to think about my own succession, having had the privilege of chairing the Board of Directors of LSEG for almost 12 years. In my time as Chairman, LSEG has transformed from a largely domestic stock exchange to a global, diversified infrastructure and capital markets group. Regulation, competition and technology have been catalysts for that change and I am proud of LSEG's position today as one of the world's leading global participants in our industry. The unwavering focus on, and implementation of, our strategy for diversification and growth, has resulted in a strong portfolio of markets, products and services across the trading cycle; from capital formation to information services, technology, clearing, settlement and risk management.  Importantly, the Group's firm commitment to operating as a neutral, open access venue remains a key differentiator and allows us to partner with stakeholders around the globe to facilitate the operation of stable and effective financial markets.

The Group is in a strong position, and continues to be as relevant to the successful functioning of the global economy and the stability and efficiency of the international financial system as ever. The industry is still characterised by ongoing structural change and a dynamic regulatory environment, but I am confident that the Group is in an excellent place and that it will continue to thrive.

I have had the privilege to work with an array of highly experienced, intelligent, and dynamic colleagues across all areas of the business, from employees in our various locations across the globe, to the executive management team and my fellow Board Directors. I would formally like to extend my personal thanks for their individual dedication throughout my tenure. In particular I would like to thank Clara Furse and Xavier Rolet, Chief Executives of London Stock Exchange Group during my Chairmanship. In very different ways their leadership and vision have nurtured the Group against a tumultuous economic backdrop, through an evolving industry landscape and against an unprecedented competitive environment.

As previously announced, the Board has asked Robert Webb, as Senior Independent Director, to chair the Nomination Committee through the process of appointing a successor and it is intended that the search and appropriate transition will be completed by the end of December 2015.

Chris Gibson-Smith

 Chairman"

The Annual Report contains the following statements regarding principal risks and uncertainties facing the business, with respect to principal strategic, financial and operational risks, on pages 54 to 61, and, with respect to financial risk management, on pages 127 to 131:

"Overview of Principal Risks:

Strategic Risks

Risks related to our strategy (including the implementation of strategic initiatives and external threats to the achievement of our strategy). The category also includes risks associated with reputation or brand values.

Financial Risks

The risk of financial failure, reputational loss, loss of earnings and/or capital as a result of investment activity, lack of liquidity, funding or capital, and/or the inappropriate recording, reporting and disclosure of financial results, taxation and regulatory information.

Operational Risk

The risk of loss, or other adverse consequences to the business, resulting from inadequate or failed internal processes, people and systems, or from external events.

3. Financial risk management

The Group seeks to protect its financial performance and the value of its business from exposure to capital, credit, concentration, country, liquidity and market (including foreign exchange, fair value and cash flow interest rate and other price) risks.

Financial risk management is not speculative. It is performed both at a Group level, where the treasury function identifies, evaluates and hedges financial risks from a Group perspective and also locally, where operating units manage their regulatory and operational risks. This includes clearing operations at the Group's CCPs (at LCH.Clearnet Group and CC&G) and investment management activities at the Frank Russell Company, that adhere to local regulation and operate under locally approved risk and investment policies.

The Financial Risk Committee, a sub-committee of the Group Executive Committee and chaired by the Chief Financial Officer, meets monthly to oversee the consolidated financial risks of the Group. In addition, the Treasury Committee, a sub-committee of the Financial Risk Committee (which is also chaired by the Chief Financial Officer), meets regularly to monitor the management of and controls around foreign exchange, interest rates, credit and concentration risks and the investment of excess liquidity in addition to its oversight of the Group's funding arrangements. Both committees provide the Group's senior management with assurance that the treasury and risk operations are performed in accordance with Group Board approved policies and procedures. Regular updates, on a range of key criteria as well as new developments, are provided through the Enterprise Risk Management Framework to the Group Risk Committee. See 'Risk Management Oversight', pages 50-53, for further detail on the Group's risk framework.

Capital risk

Credit and concentration risk

Country risk

Liquidity, settlement and custodial risk

The prior year borrowings have been adjusted to include interest payable on the debt that is not accrued.

Market risk - Foreign Exchange

Market risk - Cash Flow and Fair Value Interest Rate Risk

Market risk - Other Price Risk

The Annual Report contains the following statements regarding responsibility for financial statements on page 113: 

"Statement of directors' responsibilities

The Directors are responsible for preparing the Annual Report, the Directors' Remuneration Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have prepared the Group and Company financial statements in accordance with International Financial Reporting Standards (IFRSs) as adopted by the European Union. Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of the affairs of the Group and the Company and of the profit or loss for that period.

In preparing those financial statements, the Directors are required to:

-- select suitable accounting policies in accordance with IAS 8: Accounting Policies, Changes in Accounting Estimates and Errors and then apply them consistently;

-- present information, including accounting policies, in a manner that provides relevant, reliable, comparable and understandable information;

-- make judgements that are reasonable;

-- provide additional disclosures when compliance with the specific requirements in IFRSs as adopted by the European Union is insufficient to enable users to understand the impact of particular transactions, other events and conditions on the Group's financial position and financial performance;

-- state whether the Group financial statements have been prepared in accordance with IFRSs as adopted by the European Union; and

-- prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the Group will continue in business.

The Directors confirm that they have complied with the above requirements in preparing the financial statements.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements and the Directors' Remuneration Report comply with the Companies Act 2006, other applicable laws and regulations, including the requirements of the Listing Rules and the Disclosure and Transparency Rules, and, as regards the Group financial statements, Article 4 of the IAS Regulation. The Directors are also responsible for safeguarding the assets of the Company and the Group and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Directors are responsible for the maintenance and integrity of the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The Group's business activities, together with the factors likely to affect its future development, performance and position are set out in the Overview and Strategic Report sections of the Annual Report on pages 2-61. In particular, the current economic conditions continue to pose a number of risks and uncertainties for the Group and these are set out in Principal Risks and Uncertainties on pages 54-61.

The financial risk management objectives and policies of the Group and the exposure of the Group to capital risk, credit risk, market risk and liquidity risk are discussed on pages 127-131. The Group continues to meet Group and individual entity capital requirements and day-to-day liquidity needs through the Group's cash resources and available credit facilities. Committed term funding at 31 December 2014 was £2,240 million which is committed until July 2016 or beyond (2014: £1,649 million), described further in the Financial Review on pages 42-49.

The Directors have reviewed the Group's forecasts and projections, taking into account reasonably possible changes in trading performance, which show that the Group has sufficient financial resources. On the basis of this review, and after making due enquiries, the Directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Each of the Directors, whose names and functions are set out on pages 62-63 of this Annual Report confirm that, to the best of their knowledge and belief:

-- the Group financial statements, which have been prepared in accordance with IFRSs as adopted by the EU, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the Group taken as a whole;

-- the report of the Directors' contained in the Annual Report includes a fair review of the development and performance of the business and the position of the Company and the Group taken as a whole, together with  a description of the principal risks and uncertainties that they face; and

-- they consider that the Annual Report and Accounts 2014, taken as a whole, is fair, balanced and understandable and provide the information necessary for shareholders to assess the Company's performance, business model and strategy.

By Order of the Board

Lisa Condron

Group Company Secretary

17 March 2015"

"The Annual Report contains the following statements regarding details of certain related party transactions on page 162:

 "34. Transactions with Related Parties

Key management compensation

Compensation for Directors of the Company and key personnel who have authority for planning, directing and controlling the Group:

Inter-company transactions with subsidiary undertakings

The Company has loans with some subsidiary undertakings. Details as at 31 December 2014 are shown in the table below:

During the period, the Company charged in respect of employee share schemes £1.5 million (year ended 31 March 2014: £5.3 million) to London Stock Exchange plc, £0.1 million (year ended 31 March 2014: £0.2 million) to London Stock Exchange Group Holdings Inc, £0.1 million (year ended 31 March 2014: £0.1 million) to London Stock Exchange (OV) Limited, £0.1 million (year ended 31 March 2014: nil) to Turquoise Global Holdings Limited, nil (year ended 31 March 2014: £0.1 million) to UnaVista Limited, £0.7 million (year ended 31 March 2014: £2.7 million) to London Stock Exchange Group Holdings (Italy) Ltd, £0.2 million (year ended 31 March 2014: £1.0 million) to Millennium Information, £0.2 million (year ended 31 March 2014: £2.0 million) to FTSE Group and £1.4 million (year ended 31 March 2014: £0.2 million) to LCH.Clearnet Group. The Company received dividends of £156.0 million (year ended 31 March 2014: £118.2 million) and nil (year ended 31 March 2014: €60.0 million), respectively, from its subsidiaries London Stock Exchange plc and London Stock Exchange Group Holdings (Italy) Limited."