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Monday 18 December, 2006

NASDAQ Stock Market

New CEO Employment Contract

NASDAQ Stock Market, Inc. (The)
18 December 2006

                                                Media Contact: Bethany Sherman
                                                               +1 (212) 401-8714


 NASDAQ BOARD OF DIRECTORS ANNOUNCES NEW EMPLOYMENT CONTRACT WITH PRESIDENT AND
                              CEO ROBERT GREIFELD

New York, N.Y., December 15, 2006 - The Board of Directors of The Nasdaq Stock
Market, Inc. (NASDAQ:NDAQ) announced today that it has approved the terms and
conditions of a new employment contract for NASDAQ President and Chief Executive
Officer Robert Greifeld. Mr. Greifeld and the Board have mutually agreed that
Mr. Greifeld's contract will extend through December 31, 2010. The in-place
contract ends in May of 2007. Mr. Greifeld, 49, joined NASDAQ in May 2003.

'It is imminently clear how effective a leader Bob has been, as evidenced by the
transformative growth of NASDAQ over the last several years,' said H. Furlong
('Baldy') Baldwin, NASDAQ's non-executive Chairman of the Board. 'We couldn't be
more pleased that we are able to mutually extend the relationship.'

Under Greifeld's leadership, NASDAQ has delivered impressive financial results
with eight consecutive quarters of growth. In 2005, NASDAQ was the number-one
performing public company in the U.S., delivering a 244% return to investors.
Also during Greifeld's tenure, NASDAQ has acquired the INET and BRUT trading
platforms and a 28.75 percent stake in the London Stock Exchange.

'It's gratifying to be able to work with such a talented, dynamic management
team and Board during a time of exciting change in the capital markets,'
commented Bob Greifeld. 'I look forward to continuing our mission of being the
premier global equities market.'

NASDAQ is the largest U.S. electronic stock market. With approximately 3,200
companies, it lists more companies and, on average, its systems trade more
shares per day than any other U.S. market. NASDAQ 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/.

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                      This information is provided by RNS
            The company news service from the London Stock Exchange
                                

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