NASDAQ OMX Commodities and Nord Pool Spot chosen to deliver Market and Clearing Services for the UK Wholesale Power Market

Lysaker, Oslo November 27, 2008 — The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ)
announced today that NASDAQ OMX Commodities and Nord Pool Spot AS have been
chosen by the Futures & Options Association (FOA) in UK to establish a spot and
cash-settled derivatives power market with a full range of clearing services. 

FOA has chosen the consortium NASDAQ OMX Commodities and Nord Pool Spot for the
delivery of market and clearing services for the UK Wholesale Power Market. The
parties plan to establish the exchange within Q2 2009. Nord Pool Spot has
experience from operating power markets since 1993, while NASDAQ OMX supplies
exchange technology to over 60 financial marketplaces in over 50 countries. 

Anthony Belchambers, Chief Executive of the FOA, said “It is customary for
market infrastructure providers to go to the market with ideas for new
contracts or market enhancement.  In this case, it is the market participants
who have taken the initiative.  The process of review was significantly more
protracted than originally anticipated due to the complex nature and high
quality of all the responses to the RFP, not to mention some intervening
changes in partnerships. However, the depth of experience and resources and the
quality of the offering by NASDAQ OMX Commodities was sufficient to secure the
unanimous support of the Market Participant Project Board.” 
  
Erik Sæther, CEO of Nord Pool Spot AS, said “Together with NASDAQ OMX we will
offer a complete solution, including trading, clearing and notification
services for the Prompt and Auction markets to be delivered immediately. We
will also provide trading, clearing (including OTC), notification, settlement
and delivery of all 1/2-hour physical contracts with a uniform interface." 

The solution will comprise a cash-settled power derivatives market, allowing
complete netting across contracts with the same delivery periods, with
correlated contracts and positions in different commodities. Existing members
at Nord Pool/NASDAQ OMX will not have to pay any dual fees for the UK market.
The new market and clearing services will also allow for complete netting
across contracts with the same delivery periods, with correlated contracts and
positions in different commodities, giving maximum efficiency. 

The consortium will run a 24/7 Prompt market with immediate clearing and
notification. A 24 hour helpdesk will be a single point of contact to ensure
that members view the solution as a seamless service. NASDAQ OMX
Commodities/Nord Pool Spot will also run an Auction market, providing all
services from bid-entry to reporting. 


Geir Reigstad, Head of NASDAQ OMX Commodities, said, “NASDAQ OMX Commodities
welcomes this opportunity to develop and enhance the UK power market, and we
look forward to working with the FOA and the Power Trading Forum on this
project. Together with Nord Pool Spot, we bring a wealth of experience to
deliver the objectives of the FOA's RFP to improve access, participation and
liquidity in the UK Power Market, allowing it to grow and become more
efficient.” 

Local Presence in the UK
The consortium will establish an office in London to serve the UK market. This
office will be staffed with experts on UK power markets, and be a single
contact point for participants for all matters, covering the Prompt market,
Auction market, clearing and notification solutions, and the futures market. 

About the UK consortium
NASDAQ OMX Commodities is Europe's third largest marketplace and clearing house
for derivatives, with customers in Sweden, Finland, Denmark, UK and Germany.
Nord Pool Clearing, now wholly-owned by NASDAQ OMX, is the world's largest
clearinghouse for financial power contracts in terms of both volume and open
position with customers in 22 countries. Nord Pool Spot AS has been operating
spot market for power since 1991. Nord Pool Spot AS operates today the Nordic
day-ahead market Elspot, the intra-day Elbas market, and a Danish market for
gas. Nord Pool is the leading power exchange in Europe, with 15 years of
experience offering derivate trading which now includes contracts for  Nordic,
German and Dutch power as well as carbon contracts. 
NASDAQ OMX Commodities Business Development is the leading expert in
establishing new power markets and gives the Consortium a solid platform to
provide state of the art products and services to the UK power market. The
offering complies fully with the UK FSA regulations and existing exchange and
clearing member relationships will be utilised. NASDAQ OMX Commodities is an
entity within the NASDAQ OMX Group. 

ABOUT NASDAQ OMX COMMODITIES 
NASDAQ OMX Commodities and Nord Pool ASA provide access to the world's largest
power derivatives markets and one of Europe's largest carbon markets. NASDAQ
OMX Commodities is responsible for the international derivative and carbon
products offering, and also operates the clearing business and offers
consulting services to commodities markets globally. Nord Pool ASA is
responsible for the exchange operations and trading activities, including
ownership of the Nordic derivative products. NASDAQ OMX Commodities and Nord
Pool ASA have more than 400 members from 22 countries across a wide range of
energy producers and consumers, as well as financial institutions. For more
information, please visit www.nasdaqomx.com/commodities and www.nordpool.com. 

ABOUT NASDAQ OMX GROUP
The NASDAQ OMX Group, Inc. is the world's largest exchange company.  With over
3,900 listed companies, it delivers trading, exchange technology and public
company services across six continents.  NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market; the OMX Nordic Exchange, including First North; and the 144A PORTAL
Market.  The company offers trading across multiple asset classes including
equities, derivatives, debt, commodities, structured products and ETFs.  NASDAQ
OMX technology supports the operations of over 70 exchanges, clearing
organizations and central securities depositories in more than 50 countries. 
OMX Nordic Exchange is not a legal entity but describes the common offering
from Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn,
Riga, and Vilnius.  For more information about NASDAQ OMX, visit
www.nasdaqomx.com. 

Cautionary Note Regarding Forward-Looking Statements 

The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's internal reorganization, products and offerings. We caution that
these statements are not guarantees of future performance. Actual results may
differ materially from those expressed or implied in the forward-looking
statements. Forward-looking statements involve a number of risks, uncertainties
or other factors beyond NASDAQ OMX's control. These factors include, but are
not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and
periodic reports filed with the U.S. Securities and Exchange Commission. We
undertake no obligation to release any revisions to any forward-looking
statements. There can be no assurance that the FSA will give the NASDAQ OMX
applicant the authorization and permissions which it seeks. 

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Media Contacts:

Carl Norell
+46 8 405 6639
carl.norell@nasdaqomx.com 

Lars Galtung
+47 48 21 48 12
lars.galtung@nordpool.com