


| April 15, 2008 | New Underwriting System Is Set to Launch... |
| April 15, 2008 | Structured Securities: SEC Approves Measures to Address Proc... |
| February 15, 2008 | DTCC Will Automate Syndicated Loan Processing... |
| February 15, 2008 | DTCC’s Annual Global Tax Forum: April 25 in New York ... |
| January 15, 2008 | Growing Roster of Companies Sign On for Cost-Basis Service ... |
| January 15, 2008 | AccuBasis Will Help Customers Meet New Legal Requirements... |
| January 15, 2008 | Exchanges and SEC Extend DRS Deadline to March 31 from Jan. ... |
| January 15, 2008 | Customers Begin Testing New Underwriting System... |
| December 18, 2007 | Legal Notice Service Expands Email Alerts... |
| December 18, 2007 | Spain Rediscovers the U.S. Debt Market – With a Hand from D... |

Earlier this year, we met with many of you to discuss the direction of the DTCC’s Corporate Actions Reengineering Project.
You voiced some concerns about the proposed implementation of the new system. We listened and made important adjustments to the migration plan to give you more time and flexibility to prepare for the new processing system.
A report on agent and customer efficiency data points, including sigma levels for timeliness and accuracy.
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