Nasdaq-100 Index Tracking Stock Tops $6 Billion in Assets

The Nasdaq Stock Market® reported yesterday that total assets in the Nasdaq-100 Index Tracking StockSM (Amex: QQQ) rose to a record level of $6 billion as of the previous day's close. The Nasdaq-100 Index Tracking Stock is composed of Exchange-traded securities that represent ownership in the Nasdaq-100 TrustSM, a unit investment trust designed to track the performance of the Nasdaq-100 Index® . The Nasdaq-100 Index Tracking Stock was launched on March 10, 1999, to provide investors with an instrument that seeks to track the performance of the Nasdaq-100 Index. On December 16, 1999, the fund's total assets exceeded $5 billion. "The success of the Nasdaq-100 Index Tracking Stock, in terms of asset growth and trading volume, are high points in a record year for both Nasdaq and the American Stock Exchange," said John L. Jacobs, Nasdaq Vice President and the QQQ product manager. The Nasdaq-100 Index, launched in January 1985, has risen more than 980 percent this year alone, although past performance is not necessarily indicative of future performance. The Nasdaq Stock Market lists nearly 5,000 companies, has the largest dollar volume of trades of any financial market, and trades more shares per day than any other major U.S. market. Current market capitalization is $4.75 trillion. 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.