DGAP-Adhoc: Deutsche Börse AG’s subsidiary ISE to combine US cash equity business with Direct Edge


Deutsche Börse AG / Merger

22.08.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

The International Securities Exchange Holdings, Inc. ('ISE'), an indirect
subsidiary of Deutsche Börse AG through its Eurex Joint Venture, and Direct
Edge Holdings LLC ('Direct Edge'), the parent company of Direct Edge ECN,
have signed definitive agreements whereby the ISE Stock Exchange LLC, which
is a majority held cash equities subsidiary of ISE (ownership amounts to
51%), will be merged with and into a Direct Edge merger subsidiary.
Additionally, ISE will purchase an equity interest in Direct Edge. Upon
completion of the transaction ISE will hold a 31.54% ownership interest in
Direct Edge. ISE’s total investment will be approximately US$123 million
and will be financed with ISE’s own funds. The transaction is expected to
close in the fourth quarter of 2008, pending regulatory approvals.

Contact:
Dr. Frank Herkenhoff
Tel.: +49-69-21 11 15 00



DGAP 22.08.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       Deutsche Börse AG
              Neue Börsenstraße 1
              60487 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 211 - 0
Fax:          +49 (0)69 211 - 12005
E-mail:       ir@deutsche-boerse.com
Internet:     www.deutsche-boerse.com
ISIN:         DE0005810055
WKN:          581005
Indices:      DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart;
              Terminbörse EUREX
End of News                                     DGAP News-Service
---------------------------------------------------------------------------