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Chile's President Ricardo Lagos Visits The Nasdaq Marketsite

Date 07/09/2000

The Nasdaq Stock Market today announced that it had the honor of hosting a visit with Chile's President Ricardo Lagos at the Nasdaq MarketSite in New York this morning. President Lagos was greeted by John Hilley, Chairman and CEO of Nasdaq International Ltd. and Edward Knight, Chief Legal Officer of the NASD.

Commenting on this morning's event, Mr. Hilley said, "We see President Lagos' visit here as representative of the continuing collaboration among international markets to learn more about each other. We look forward to further dialogue with the President and the Chilean government on their views and perspective on the development and direction of the world's financial marketplace.

"With more non-U.S. listings than any other market in the world, Nasdaq is committed to encouraging the globalization of the markets and reaching out across international borders to promote the reality of a seamless, 24-hour trading platform," Hilley added. "We believe this trend is part of a growing interest among investors to gain better access to investment opportunities outside their home borders. We are always eager to speak with visionary leaders such as President Lagos about the future of a globally linked market."

The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASDĀ® ), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.comSM or the Nasdaq NewsroomSM at www.nasdaqnews.com.