NYSE Statement Re: Appellate Court Permits NYSE To Maintain Security Checkpoints

On March 12, a state trial court preliminarily enjoined the New York Stock Exchange from maintaining security checkpoints and conducting vehicle searches at seven intersections near the NYSE.

On March 15, the intermediate state appeals court stayed the injunction pending resolution of the NYSE’s appeal, which will be heard in the June 2004 term of the Appellate Division.

As a result of the Appellate Division’s decision, no change to the security perimeter and the security measures in place around the NYSE is required. The Exchange will continue the security measures currently in effect without interruption.

The NYSE continues to take all steps necessary to ensure the continued safety of the Exchange, the people who work at the NYSE, and of its neighbors.