Gilts Registration transfer to Computershare complete

Computershare Investor Services plc has formally taken over as the registrar for UK Government bonds, known as gilts.

Following a review of Government debt management arrangements, HM Treasury and the Bank of England, the previous gilts registrar, concluded that the private sector would be better placed to provide any future benefits of economies of scale for this service.

The service was put out to tender last year, leading to Computershare being identified as the preferred bidder. Computershare has worked closely with the Bank of England, HM Treasury and the Debt Management Office since being appointed as the new registrar, to ensure a successful transfer of the gilts registration service. Today we are announcing that the transfer is complete.

Notes for Editors

1.;Computershare is one of the largest providers of shareholder and employee management services. For more information, visit www.computershare.com

2.;Media enquiries should be addressed to:

Will Straw    Treasury press office, 020 7270 4420
Steve Whiting  DMO press office, 020 7862 6501
Stephen Davie    College Hill, 020 7457 2004 (public relations advisers to Computershare)
Andy Cotter   Computershare, 0870 702 0003 X1995

3. Non-media enquiries should be addressed to the Treasury Correspondence and Enquiry Unit on 020 7270 4558, or by e-mail to public.enquiries@hm-treasury.gov.uk.

4. This press release and other Treasury publications and information are available on the Treasury website at www.hm-treasury.gov.uk If you would like Treasury press releases to be sent to you automatically by e-mail you can subscribe to this service from the press release site on the website.