* Q4 net income attributable to ICE of $1.76 a share

* Revenues decline 1 percent

(Adds financial details, background)

Feb 6 (Reuters) - IntercontinentalExchange Inc, which is in the process of buying NYSE Euronext for $8.2 billion, reported a 2 percent rise in quarterly profit on Wednesday, helped by an increase in market data revenues and slightly lower expenses.

Net income attributable to the Atlanta-based commodities exchange was $129.5 million, or $1.76 a share, in the fourth quarter, up from $126.8 million, or $1.73 a diluted share, a year earlier.

ICE said in December it planned to buy New York Stock Exchange operator NYSE in a deal that will give ICE control of Liffe, Europe's second-largest derivatives market, and help it expand into the interest rate futures business.

ICE said that excluding certain one-time items, including transaction costs related to the NYSE deal, adjusted earnings per share were $1.84.

Analysts on average had expected earnings of $1.75 a share, according to Thomson Reuters I/B/E/S.

Revenues fell 1 percent to $323 million, as ICE's futures business saw a 1 percent decline in average daily volume.

Transaction and clearing fee revenues fell 4 percent to $277 million, while revenues from ICE's credit default swap trade execution, processing and clearing business slumped 14 percent to $36 million.

Consolidated market data revenues increased 14 percent to $37 million, and consolidated other revenues were $9 million.

Consolidated operating expenses were down 1 percent to $131 million in the fourth quarter.

Looking forward, ICE said it expects 2013 adjusted consolidated expenses to increase in the range of 3 percent to 5 percent.

The exchange operator said it expects acquisition-related transaction costs - mainly due to the NYSE deal - to be in the range of $10 million to $12 million for the first quarter.

(Reporting By John McCrank; Editing by Gerald E. McCormick and Kenneth Barry) Keywords: INTERCONTINENTALEXCHANGE RESULTS/

(john.mccrank@thomsonreuters.com)(1 646 223-6643)(Reuters Messaging: john.mccrank.thomsonreuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2013. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.