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NSX Names Michael Boland To Board Of Directors

Date 20/03/2006

National Stock Exchange (NSXSM) today announced the appointment of Michael Boland as an Independent Director on NSX's Board of Directors.

Mr. Boland is a partner in Johnson, Madigan, Peck, Boland & Stewart, one of Washington, D.C.'s leading governmental relations consulting firms, specializing in financial services regulation, telecommunications policy and high technology taxation and regulation.

Previously, Mr. Boland served as Senior Vice President of Government Relations for Verizon Communications. Before that, he was founder and CEO of Boland & Madigan, a governmental relations consulting firm that serviced a broad range of financial services clients, among others.

He joins NSX's Board with substantial Capitol Hill experience, having served as chief counsel to the House Republican Whip from 1984 to 1987 and, before that, as senior counsel to the Republican Members of the House Energy and Commerce Committee.

"Michael's range of professional experience brings a valuable dimension to NSX's Board," said NSX CEO and President David Colker. "His depth of knowledge will serve NSX well as the Exchange moves forward amid a changing industry environment. We welcome his fresh perspective."

National Stock Exchange, the nation's first all-electronic stock exchange, is the low-cost provider of exchange services. Having replaced its physical trading floor with a completely automated market in 1980, NSX has been a model of exchange efficiency and a driving force for change in the world of securities exchanges. Founded in 1885, NSX continues to lead the way in exchange innovation. For more information, visit NSX's website at www.nsx.com.