Mondo Visione Worldwide Financial Markets Intelligence

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Ángel Torre González, New Chairman Of Sociedad De Bolsas

Date 23/05/2005

On 18 May, the Board of Directors of Sociedad de Bolsas appointed during its General Meeting, Ángel Torre González – Chairman of Bolsa de Valencia – new Chairman of Sociedad de Bolsas, thus replacing José Luis Damborenea, of Bolsa de Bilbao.

Ángel Torre González is Chairman of Bolsa de Valencia and a member of the Board of Directors of Bolsas y Mercados Españoles (BME). Among other posts he holds, he is a member of the Board of Santander Investment Bolsa, Sociedad de Valores, Deputy Chairman of the Consejo Permanente y del Patronato de la Fundación de Estudios Bursátiles y Financieros and a member of Patronato del Instituto Iberoamericano del Mercado de Valores.

Sociedad de Bolsas is a company in which the four Spanish stock exchanges hold a 25% stake each and its corporate purpose is to manage the Spanish electronic stock trading platform –SIBE. The company appoints each year a representative of the four Spanish marketplaces as its Chairman, a post which this year will be hold by Ángel Torre González.