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KMart Holding Corporation To Join The NASDAQ-100 Index - Beginning August 19, 2004

Date 11/08/2004

KMart Holding Corporation (NASDAQ: KMRT) of Troy, Michigan, will become a component of the NASDAQ-100 Index® (NASDAQ: NDX), effective at the beginning of trading Thursday, August 19, 2004. KMart will also be included in the NASDAQ-100 Index Tracking StockSM (Amex: QQQ). KMart Holding Corporation will replace PanAmSat Corporation (NASDAQ: SPOT), which is to be acquired by Kohlberg Kravis Roberts & Co. L.P., subject to shareholder approval and other closing conditions.

With a market capitalization of approximately $5.8 billion, KMart Holding Corporation is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands.

The NASDAQ-100 Index, launched in January 1985, is one of the most widely followed benchmarks in the world. The NASDAQ-100 Index Tracking Stock represents ownership in the NASDAQ-100 Trust. The Trust holds a portfolio of equity securities that compose the NASDAQ-100 Index and aims to provide investment results that generally correspond with its performance.

NASDAQ is the largest U.S. electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. Approximately 48% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom at www.NASDAQ.com/newsroom/.