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Nasdaq Names Bruce Aust Head Of Corporate Client Group

Date 08/07/2003

The Nasdaq Stock Market, Inc. ("NASDAQ®"; OTCBB: NDAQ), today announced that Bruce Aust was named Executive Vice President of NASDAQ's Corporate Client Group (CCG), effective immediately. Bruce most recently led the West Coast office for The NASDAQ Stock Market, where he was primarily responsible for client relationship management and new business development.

Mr. Aust fills the position previously held by David Weild and will report directly to Robert Greifeld, President and Chief Executive Officer of NASDAQ.

"As a NASDAQ veteran, Bruce has proven his commitment to superior client service and has developed strong relationships with NASDAQ listed companies. In his new role, Bruce will be able to further leverage his relationships, sales leadership, and hands-on approach," said Robert Greifeld, President and Chief Executive Officer of NASDAQ.

Mr. Aust joined The NASDAQ Stock Market in 1998.

"I am honored to be taking on this new leadership role as head of NASDAQ's Corporate Client Group," said Mr. Aust. "During my time at NASDAQ, I have had the privilege of working closely with many NASDAQ listed companies and look forward to continuing to serve their needs while attracting new IPOs to our market."

NASDAQ is the world's largest electronic stock market. With approximately 3,500 companies, NASDAQ lists more companies and trades more shares per day, on average, than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.NASDAQNews.com.