Volumes in the Exchange’s Mediterranean contract, which are measured in no. of lots, rose to 1,857 lots from 335 lots the previous week. Tuesday, 23rd February marked the highest level of trading in one day since the launch of the contract in February 2008 with 922 lots traded.

So far in 2010, the LME has seen the 3 most traded dates since launch of the Mediterranean contract.

Top 5 most traded days since launch:

Date	Lots traded
23/02/2010	922
24/02/2010	582
08/01/2010	562
17/09/2008	474
18/11/2008	446

Market Open Interest (MOI) has increased 72% since the start of the year to 1,955 lots on Thursday, 25th February from 1,138 lots on 31st December, 2009.

~Ends~

For further information or to speak to an LME spokesman, please contact:

Stephen White
Business Manager Corporate Affairs
t. +44 (0)20 7264 1701 / +44 (0)7980 661 724
e. stephen.white@lme.com

John Parry - RostronParry
t. +44 (0)207 490 8062 / +44 (0)7802 292251
e. john@rostronparry.com

About the London Metal Exchange
The London Metal Exchange is the world's premier base metals market. It offers metals price risk management tools including futures and options contracts for aluminium, copper, tin, nickel, zinc, lead, aluminium alloy, NASAAC, cobalt, molybdenum, steel billet and plastics. Last year, the total value of trading was $7.41trillion and the Exchange currently has 5.96m tonnes of material on warrant in 633 storage facilities across 39 locations globally.
http://www.lme.com/