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Thursday 30 November, 2006

NASDAQ Stock Market

Fund Dual Lists on NASDAQ

NASDAQ Stock Market, Inc. (The)
30 November 2006

Media Contacts: Wayne Lee, NASDAQ
(301) 978-4875

                FIRST TRUST CLOSED END FUND DUAL LISTS ON NASDAQ

New York, N.Y. - The Nasdaq Stock Market, Inc. (NASDAQ: NDAQ) today announced
that the First Trust/Aberdeen Emerging Opportunity Fund (NASDAQ; NYSE: FEO) has
dual listed on NASDAQ.

'This dual-listing speaks to an increased recognition that NASDAQ's trading
platform and its dedicated market maker structure are very well suited to closed
end funds,' said NASDAQ Executive Vice President Bruce Aust. 'Investors in the
funds can benefit from the key attributes of the NASDAQ market, which features
faster speeds, greater cost efficiency, and greater certainty of execution. We
are pleased that First Trust recognized these qualities when deciding to
dual-list this financial product on NASDAQ.'

On average, NASDAQ-listed closed-end funds are supported by 11 market makers.
Specific market makers have been designated to trade closed-end funds because of
their unique expertise with these financial products.

The First Trust/Aberdeen Emerging Opportunity Fund is a diversified closed-end
management investment company organized as a Massachusetts business trust. The
Fund's objective is to provide a high level of total return. The fund invests at
least 80% of its managed assets in a diversified portfolio of equity and
fixed-income securities of issuers in emerging market countries.


About NASDAQ

NASDAQ is the largest U.S. electronic stock market. With approximately 3,200
companies, it lists more companies and, on average, trades more shares per day
than any other U.S. market. It is home to companies that are leaders across all
areas of business including technology, retail, communications, financial
services, transportation, media and biotechnology. NASDAQ is the primary market
for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the
NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://
www.nasdaq.com/newsroom/.


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 the
closed-end fund, including the possible benefits of the fund. 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's control. These factors include, but are not
limited to, factors detailed in NASDAQ'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.

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                      This information is provided by RNS
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