Letter: Changed rules at the Stock Exchange

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Sir: Your report "Exchange clamps down on leaks" (20 November) continues to suggest that the recent changes by the Stock Exchange to Listing Rule 16.7 were connected with Lord Stevens' interview with the Financial Times on 13 November. This is not the case:the changes were finalised some weeks before that date. United News & Media is advised that it has throughout acted within the rules, and it has not been approached by the Stock Exchange in connection with any inquiry into the interview.

RICHARD SAUNDERS

Director, Development and Communications

United News and Media, London SE1

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