The Board of OMX AB ("OMX") notes Borse Dubai' s purchase of 4.9 per cent in
OMX and its statement that it has options, subject to certain conditions, to
acquire a further 22.5 per cent shareholding in OMX. OMX has received no
further clarification as to Borse Dubai's intentions.
OMX also notes NASDAQ's announcement that it is fully committed to the proposed
merger with OMX.
OMX confirms that the only offer it has received is the offer from NASDAQ
recommended by the Board of OMX and announced on May 25th. Preparation of the
documentation and the pursuit of necessary approvals are on track; the initial
filing of NASDAQ's S-4 documentation was made with the SEC on 7th August and
the offer to OMX shareholders is expected to close in the fourth quarter 2007.
The combination of OMX and NASDAQ will provide significant benefits for
customers, shareholders and stakeholders in both companies, strengthen the
Nordic region as a financial centre and provide enhanced opportunities for
economic growth throughout the Nordic region.
OMX will continue to monitor the situation closely.
For further information, please contact:
Heidi Wendt, Vice President, Media Relations +46 (0)8- 405 72 93
About OMX | OMX is a leading expert in the exchange industry. The common
offering from OMX Nordic Exchange in Helsinki, Copenhagen, Stockholm, Iceland,
Tallinn, Riga and Vilnius, comprises over 800 companies including its
alternative market First North. OMX provides technology to over 60 exchanges,
clearing organizations and central securities depositories in over 50
countries. OMX is a Nordic Large Cap company in the Financials sector on the
OMX Nordic Exchange. For more information, please visit www.omxgroup.com.
This information is disclosed according to applicable law and exchange rules
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this filing contains forward-looking statements, which
involve a number of risks and uncertainties. OMX cautions readers that any
forward-looking information is not a guarantee of future performance and that
actual results could differ materially from those contained in the
forward-looking information. Such forward-looking statements include, but are
not limited to, statements about the benefits of NASDAQ's offer, the proposed
business combination transaction involving NASDAQ and OMX, including estimated
revenue and cost synergies, the Combined Group's plans, objectives,
expectations and intentions and other statements that are not historical facts.
Additional risks and factors are identified in NASDAQ's filings with the U.S.
Securities Exchange Commission (the “SEC”), including its Report on Form 10-K
for the fiscal year ending December 31, 2006 which is available on NASDAQ's
website at http://www.NASDAQ.com and the SEC's website at SEC's website at
www.sec.gov. and in OMX's filings with the Swedish Financial Supervisory
Authority (Sw. Finansinspektionen) (the “SFSA”) including its annual report for
2006, which is available on OMX's website at http://www.omxgroup.com. OMX
undertakes no obligation to publicly update any forward-looking statement,
whether as a result of new information, future events or otherwise.
Notice to OMX shareholders
While NASDAQ's offer is being made to all holders of OMX shares, this document
does not constitute an offer to purchase, sell or exchange or the solicitation
of an offer to purchase, sell or exchange any securities of OMX or an offer to
purchase, sell or exchange or the solicitation of an offer to purchase, sell or
exchange any securities of NASDAQ in any jurisdiction in which the making of
the offer or the acceptance of any tender of shares therein would not be made
in compliance with the laws of such jurisdiction. In particular, NASDAQ's offer
is not being made, directly or indirectly, in or into Australia, Canada, Japan
or South Africa. While NASDAQ reserves the right to make the offer in or into
the United Kingdom or any other jurisdiction pursuant to applicable exceptions
or following appropriate filings and prospectus or equivalent document
publication by NASDAQ in such jurisdictions, pending such filings or
publications and in the absence of any such exception NASDAQ's offer is not
made in any such jurisdiction.
Additional Information About this Transaction
In connection with the proposed business combination transaction, OMX and
NASDAQ expect that NASDAQ will file with the SEC a Registration Statement on
Form S-4 that will include a proxy statement of NASDAQ that also constitutes a
prospectus of NASDAQ. Investors and security holders are urged to read the
proxy statement/prospectus and any amendments and other applicable documents
regarding the proposed business combination transaction if and when they become
available because they will contain important information. You may obtain a
free copy of those documents (if and when available) and other related
documents filed by NASDAQ with the SEC at the SEC's website at www.sec.gov.
The proxy statement/prospectus (if and when it becomes available) and the other
documents may also be obtained for free by accessing NASDAQ's website at
http://www.nasdaq.com and OMX's website at http://www.omxgroup.com
