Markit Alliance Programme

London, 4 January 2005

CDO2 today announced its agreement with Markit to join the Markit Alliance Programme.

Markit provides an extensive database of high-quality daily mark to market CDS prices from over 30 contributor banks covering over 2,400 different credits. By subscribing to this data alongside CDOSheet you can get daily pricing and risk on your structured credit portfolio with minimal effort.

Daily CDS prices are automatically downloaded from the Markit web site in time for the start of the day. This means that up-to-date consensus portfolio PV and risk is available as soon as you get to the desk.

See www.markit.com for more information on Markit.