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Wednesday 10 May, 2006

NASDAQ Stock Market

Acquisition of shares in LSE

NASDAQ Stock Market, Inc. (The)
10 May 2006


10 May 2006


FOR IMMEDIATE RELEASE


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN
OR THE UNITED STATES


               ACQUISITION OF SHARES IN LONDON STOCK EXCHANGE PLC


The Nasdaq Stock Market, Inc. ('NASDAQ') announces that it has acquired
10,291,440 shares in London Stock Exchange plc ('LSE') for a price of 1,248
pence per share. The consideration represents approximately GBP 128.4 million
(c. US$239.3 million).

In addition to the 47,890,280 shares previously owned, this acquisition takes
NASDAQ's holding in LSE to 58,181,720 shares or c. 22.7% of the issued share
capital of LSE.

'We are pleased to have increased our strategic stake in LSE through this
significant purchase, which takes us through the important threshold of 20%. We
look forward to working constructively with LSE as its largest shareholder',
commented Bob Greifeld, President and Chief Executive Officer of NASDAQ.


Enquiries

NASDAQ corporate communications                          Tel: + 1 (212) 401 8714
Bethany Sherman

Gavin Anderson & Company                          Tel: + 44 (0)20 7554 1403/1405
Richard Constant


Greenhill & Co. International LLP (Financial adviser to NASDAQ) 
Simon Borrows                                          Tel: + 44 (0)20 7440 0400



Dresdner Kleinwort Wasserstein Securities Limited (Broker to NASDAQ)
Angus Kerr                                              Tel: + 44(0)20 7623 8000

Greenhill & Co. International LLP ('Greenhill & Co.'), which is regulated by the
Financial Services Authority, is acting for NASDAQ in connection the transaction
and for no one else and will not be responsible to anyone other than NASDAQ for
providing the protections afforded to customers of Greenhill & Co. nor for
providing advice in relation to the transaction.


Dresdner Kleinwort Wasserstein Securities Limited, which is authorized and
regulated by the Financial Services Authority, is acting in the capacity of
corporate broker for NASDAQ in connection the transaction and for no one else
and will not be responsible to anyone other than NASDAQ for providing the
protections afforded to customers of Dresdner Kleinwort Wasserstein Securities
Limited nor for providing advice in relation to the transaction.








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