STOCKHOLM, Sweden, Feb. 02, 2004 (PRIMEZONE) -- OMHEX formally announced today its interest in participating in the privatization process of the National Stock Exchange of Lithuania (NSEL) and the Central Securities Depository of Lithuania (CSDL). As a logical next step to further its strategy of integrating the Nordic and Baltic securities market, OMHEX intends to submit an offer for the shares of NSEL and CSDL that are for sale in the privatization process.
"OMHEX has a clear commitment and vision as well as a successful track record as facilitator of the integration and development of the Nordic and Baltic region," said Magnus Bocker, President and CEO, OMHEX. "Based on our vision, the integration of the Lithuanian securities market would complete the Nordic and Baltic region as a truly integrated market using common trading technology, harmonized processes and rules. It will also increase the attractiveness of the entire Baltic market and generate clear value and benefits for all Lithuanian market participants: investors, listed companies and trading members."
For further information or comments, please contact:
Gert Tiivas, President of Baltic Operations +372 517759 Jukka Ruuska, President of HEX Integrated Markets +358 9 6166 7200 Anna Rasin, VP Marketing & Communications +46 8 405 66 12
About OMHEX
OMHEX is a leading provider of marketplace services and solutions that help customers achieve efficient securities transactions. Within the HEX Integrated Markets division, OMHEX operates Northern Europe's largest securities market. Its exchange operations within Stockholmsborsen, HEX Helsinki, HEX Tallinn and HEX Riga offer investors access to 80 percent of the Nordic and Baltic equity market. HEX Integrated Markets also operates central securities depositories in Finland, Estonia and Latvia. Through the OM Technology division, OMHEX is a world-leading provider of transaction technology, processing and outsourcing solutions to financial markets around the world.
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http://www.waymaker.net/bitonline/2004/02/02/20040202BIT00460/wkr0001.pdf