Clearing House Advisory Notices
To Clearing Member Firms
From CME Clearing
Subject Marshall & Ilsley Corporation (MI) Separation Adjustment 11/2/07
Notice Date 2007-10-31
Notice Number 07-265
Effective Date 2007-11-02


On October 25, 2007, Shareholders of Marshall & Ilsley Corporation (MI) voted on a proposed Plan of Separation whereby Marshall & Ilsley Corporation will be converted into two companies: (New) Marshall & Ilsley Corporation (MI) and (New) Metavante Technologies, Inc. (“ MV”). The separation/mandatory exchange was approved and, when consummated on or about November 2, 2007, each existing MI Common Share will be converted into the right to receive one (New) MI Common Share and .3333 (New) MV Common Shares. Cash will be paid in lieu of fractional MV Shares.

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