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LEHMAN BROTHERS STARTS SERVICES ON AUSTRALIAN BOURSE.

Asia Africa Intelligence Wire

| May 27, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

$all $aus $bnk $hk

SYDNEY, May 27 Asia Pulse - Lehman Brothers, the global investment bank and New York Stock Exchange-listed company, has become a market participant on the Australian Stock Exchange (ASX) and started client trading.

The firm said it can now offer institutional and hedge fund clients "full equity execution services on Australia's primary market".

But the company had no immediate plans to open an Australian office or employ any equities trading staff in Australia, a spokesman …

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