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NASDAQ Announces Changes To Its Representation On The NASDAQ Deutschland Supervisory Board

Date 22/07/2003

The NASDAQ Stock Market, Inc. today announced changes to its representation on the NASDAQ Deutschland Supervisory Board. At a meeting of shareholders held on 17th July, David Warren, Executive Vice President and Chief Financial Officer, joined the Board and replaced John Hilley, who has decided to leave NASDAQ at the end of July to pursue other professional opportunities.

Christopher Concannon, Executive Vice President, also joined the Board, following Rick Ketchum's departure in June.

At a meeting of the NASDAQ Deutschland Supervisory Board on 21st July, David Warren was appointed Chairman.