Nasdaq-100 Index Tracking Stock Tops $2 Billion in Assets

The Nasdaq-Amex Market Group today (July 9) reported that Nasdaq-100 Shares, the Nasdaq 100 Index Tracking Stock, exceeded $2 billion in assets at yesterday's close. The value of assets represents a new all-time high record for Nasdaq-100 Shares. The Nasdaq-100 Shares (Amex: QQQ) are Exchange-traded securities that represent ownership in the Nasdaq-100 Trust, a unit investment trust designed to track the performance of the Nasdaq-100 Index®. The Amex pioneered Index Shares in 1993 with the introduction of SPDRs® based on the Standard & Poor's 500® Index. The Index Share Marketplace on the Amex presently includes 30 products representing ownership of stocks in various domestic and international indexes. With more than $20.7 billion in assets at the end of the second quarter 1999 and volume of nearly 1.2 billion shares during the second quarter - averaging nearly 19 million shares per day - Index Shares have redefined the way baskets of stocks are traded. The Nasdaq-Amex Market Group, which operates The Nasdaq Stock Market® and the American Stock Exchange® (Amex) 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 The Nasdaq-Amex Market Group, visit the Nasdaq-Amex Web site at http://www.nasdaq-amex.com or the Nasdaq-Amex NewsroomSM at http://www.nasdaq-amexnews.com.