OMX to deliver next generation trading platform for Indonesia Stock Exchange

Indonesia Stock Exchange (IDX) has signed an agreement with OMX for replacement
of its trading platform. The new platform acts to modernize IDX's trading
operations, and also to integrate the systems used at Jakarta and Surabaya
stock exchanges, which recently merged to form IDX. 

OMX has signed an agreement with IDX to replace their existing trading platform
with a fully integrated system that allows operation of all asset classes on a
single platform. IDX's system replacement is part of its strategy to reinforce
transaction capacity and speed at its exchange, as well as provide more
efficient services and new instruments to its customers. In addition, the
system from OMX acts to consolidate systems at Jakarta and Surabaya stock
exchanges - which recently merged to form IDX - into one single platform. 

With the new system, IDX can operate trading of all its financial products,
including equities, derivatives, mutual funds and bonds, on a single platform.
The system is scheduled to be operational end of 2008. 

“From the tender process, we appointed OMX as the technology partner, as OMX
was able to deliver the three criteria we requested in the tender; technical
aspect, implementation risk, and price,” said Erry Firmansyah, President
Director at IDX. “OMX itself provides technology to over 60 exchanges in 50
countries, and is well known for its long history as a world class system
provider in the capital market industry.” 

“We are both honored and excited to continue the partnership with IDX in this
exciting venture,” said Markus Gerdien, President Market Technology at OMX.
“Considering the significant growth potential of Indonesia's financial markets,
the creation of IDX has a major impact in the ASEAN and South Asian
marketplaces. The merger of two significant stock exchanges will create an
increased demand in terms of trading efficiency, speed and volume, and we look
forward to supporting IDX in meeting these challenges, preparing them for
continued growth.” 


For more information, please contact:
Carl Norell, OMX Media Relations
+46 8 405 6639, carl.norell@omxgroup.com  


About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange 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. The Nordic Exchange is
not a legal entity but describes the common offering from OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a
Nordic Large Cap company in the Financials sector on the OMX Nordic Exchange.
For more information, please visit www.omxgroup.com.