Implementation of Round Lot One at OMX Nordic Exchange Stockholm

OMX Nordic Exchange will harmonize the Nordic markets further by implementing round lot size one in Stockholm, commencing September 29, 2008. Round lot one is already in effect in Helsinki and Iceland. In Copenhagen the decision is pending. By implementing round lot one liquidity and access to trading for individual investors will improve.

System test in SAXTST1 will be available from June 30, 2008.

This change will affect the following submarkets on the main market and on First North: Equities, Warrants, Fund units and Equity rights. Convertibles are excluded from this change. Round lot one has already been implemented on submarket Exchange Traded Funds (ETF) in Stockholm, effective from January 2008.

Experience from OMX Nordic Exchange Helsinki, where round lot one was implemented on all equity related markets in 2006, has been positive by bringing along upswing in trading and strengthened price competition. It has increased both turnover and liquidity in the order books and also made the relative spreads narrower.

The decision to continue implementing round lot one in Stockholm was based on the results from a member consultation and on discussions with investors which showed a clear support for round lot one in Stockholm and Iceland. Discussions are still ongoing in Denmark.

This change is in harmony with the industry’s best practice. The largest exchanges in Europe have round lot one today.