"During the period, we announced our all share merger with Deutsche Börse, to create a global markets infrastructure group, anchored in Europe, with substantial revenue and cost synergies benefitting our customers and shareholders. We are delighted to have achieved shareholder approvals and are now focused on securing regulatory consents." (1) continuing operations exclude businesses sold, primarily being Russell Investment Management and Proquote (2) before amortisation of purchased intangible assets, goodwill impairment and non-recurring items Organic growth is calculated in respect of businesses owned for at least 6 months in either period and so excludes Exactpro, XTF, Proquote and Russell Investment Management. The Group's principal foreign exchange exposure arises from translating our European based Euro and US based USD reporting businesses into Sterling.