NEW YORK--Jun. 22, 2009-- MF Global Ltd. (NYSE: MF), a leading intermediary offering customized solutions in global cash, derivatives and related markets, has named Laurie R. Ferber as its new general counsel and a member of the Office of the CEO. Ms. Ferber succeeds Howard Schneider, who, following a transition period, will retire after nearly 50 years of legal practice.

“Over the last eight months, we have instituted a global governance model designed to increase efficiency, enhance accountability and drive best practices,” said Bernard W. Dan, chief executive officer, MF Global. “Laurie’s extensive regulatory and financial experience is ideally suited to further advance MF Global's governance objectives while guiding the company through today’s evolving regulatory environment.

"We appreciate Howard’s hard work and the dedication he has brought to this position over the last five years.”

As a member of the Office of the CEO, Ms. Ferber will play a key role in developing and implementing the firm’s corporate strategy. She is also responsible for managing litigation, compliance and regulatory matters for the company.

Before joining MF Global, Ms. Ferber was general counsel and chief regulatory officer for International Derivatives Clearing Group (IDCG).

From 1987 to 2008, she held a number of business and legal positions at Goldman, Sachs & Co. that included serving as co-general counsel of the Fixed Income, Currency and Commodities Division, developing new businesses, creating a new function to coordinate global regulatory relationships, and transitioning the firm to a Bank Holding Company.

Ms. Ferber began her career in 1980 as an associate at Skadden, Arps, Slate, Meagher & Flom. She earned her J.D. from New York University School of Law.

ABOUT MF GLOBAL

MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized solutions in global cash, derivatives and related markets. It provides execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market. MF Global is uniquely diversified across products, trading markets, customers and regions. Its worldwide client base includes financial institutions, industrial groups, hedge funds and other asset managers as well as professional traders and private/retail clients. MF Global operates in 14 countries on more than 70 exchanges, providing access to some of the largest and fastest growing financial markets in the world and is the leader by volume on many of these markets. For more information, please visit www.mfglobal.com.

Source: MF Global Ltd.

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