Nasdaq Concludes Record-Breaking Year As Demonstrated In Preliminary Year-End Results

The Nasdaq Stock Market® is ringing in the new millennium with a fifth consecutive year of record gains. The year 1999 also produced 136 trading days where volume exceeded one billion shares traded on Nasdaq®. Share volume reached 265.6 billion, up from 201.5 billion in 1998-a 32 percent increase for the year. The market value of the more than 4,800 companies listed on Nasdaq ended the year at $5.2 trillion, up over 100 percent from year-end 1998. The Nasdaq Stock Market has a larger dollar volume and trades more shares per day than any other U.S. market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.