.jpg)
The Board of The Nasdaq Stock Market, Inc. ("NASDAQ") wishes to confirm that it has no current intention to support any EGM seeking to replace LSE management if its offer for LSE lapses. If in NASDAQ's opinion circumstances change, and it is necessary to protect our investment, NASDAQ reserves the right to support any EGM or take any other action.
NASDAQ also confirms the statements made in the first response document dated 8 January 2007, namely that it has a range of options to consider in the event that its bid lapses. Its options include continuing to hold or sell its stake in LSE, but no decision has yet been taken with regards to such options. NASDAQ has made no statements which should be construed as favouring one option over another, as indicating that it does or does not intend to make a future offer for LSE or as fettering its future decisions in any way.
Save as defined above, capitalised terms used in this announcement have the same meaning as in the Offer Document dated 12 December 2006, the First Response Document dated 8 January 2007 and the Second Response Document dated 23 January 2007.
* The Final Offers will not be revised except that NAL reserves the right to revise the Final Offers if a firm intention to make a competing offer for LSE is announced, whether or not subject to any preconditions.
