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NQLX Appoints Michael Love To Senior Vice President, Market Operations

Date 06/01/2004

NQLX LLC announced today that it has promoted Michael Love to Senior Vice President, Market Operations. Love started with NQLX in 2001 as Vice President, Program Management.

Love will oversee daily operations of the electronic market including trading and clearing functions as well as monitor performance and manage relationships with service providers.

Prior to joining NQLX, Love served at the Chicago Board of Trade. His final position there was Director, Strategic Technology. In that role, Love was the liaison between the electronic trading business unit and information systems. Love also represented the CBOT on the steering committee which governed the a/c/e® joint venture, among other duties.

Bob Fitzsimmons, NQLX CEO, said, "Mike's superior performance and dedication in his previous role overseeing program management indicates that he will do well in his new position. With technology being of paramount importance to our market, Mike's insight will continue market development in 2004."

NQLX is a fully electronic, federally regulated exchange and a wholly owned company of Euronext.liffe. NQLX lists single stock futures and futures on broad based indices through Euronext.liffe's electronic trading platform, LIFFE CONNECT®, the world's most advanced derivatives trading system. For more information on NQLX visit: www.nqlx.com.

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