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Nasdaq Experiences Network Interruption, Then Extends Trading To 5 P.M. Eastern

Date 29/06/2001

The Nasdaq Stock Market, Inc., today announced that an intermittent network outage that affected the quality of stock quotations resulted in the suspension of Nasdaq's SOES and SelectNet trading systems at 2:31 p.m.

The network was restored at 3:33 p.m. Due to the interruption, the decision was made to extend trading to 5:00 p.m. The after hours trading session was cancelled.