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Paris – February 26th, 2008

Murex announced today that BlueCrest Capital Management, a leading European hedge fund manager with $ 13 bn under management, is now live on MX.3 for its Multi Strategy Credit Master Fund, a new Structured Credit hedge fund activity.

Farid Amellal, Co-Head of the Multi Strategy Credit Master Fund, from BlueCrest Capital Management said ” We are pleased to partner with Murex on this new fund. The success of this first implementation has provided us with the platform to quickly build up the business and support our trading across the full range of credit products.”

” BlueCrest is a major player in the European hedge fund industry and we are proud to partner with them on this new fund, implemented in record time of 3 months including development of interfaces to prime brokers, market data providers and to the fund administrator.” added Maroun Edde, Managing partner at Murex.

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