• 10 Initial public offerings, including: the 2nd Ethanol producer in 2006, the 87th Canadian listing to join the NYSE and 6 Rydex CurrencySharesSM
12 New Listings Joined the NYSE in the Week Ended June 30, 2006
• J.Crew Group, Inc. raised $376 million in its initial public offering on the NYSE
NEW YORK , June 30, 2006– In the week ended June 30, 2006 , 12 new listings joined the roster of NYSE-listed companies.
The Rydex CurrencySharesSM family of foreign currency-based exchange traded trusts began trading on the NYSE on June 26. Representing units of fractional undivided beneficial interest in, and ownership of, these products are based on the Australian Dollar, British Pound, Canadian Dollar, Mexican Peso, Swedish Krona and the Swiss Franc. The 6 CurrencySharesSM are: CurrencySharesSM Australian Dollar Trust (NYSE: FXA ), CurrencySharesSM British Pound Sterling Trust (NYSE: FXB ), CurrencySharesSM Canadian Dollar Trust (NYSE: FXC ), CurrencySharesSM Mexican Peso Trust (NYSE: FXM ), CurrencySharesSM Swedish Krona Trust (NYSE: FXS ), CurrencySharesSM Swiss Franc Trust (NYSE: FXF ).
On June 26, Highland Credit Strategies Fund, listed on the Big Board as an initial public offering. Headquartered in Dallas , Texas , the closed-end management investment company began trading under the ticker symbol HCF.
Nuveen Global Government Enhancement Income Fund, headquartered in Chicago , Illinois , began trading on the NYSE on June 28 as an initial public offer, under the ticker symbol JGG.
Nationally recognized apparel and accessories brand, J. Crew Group, Inc. began trading on the NYSE on June 28. Trading under the ticker symbol JCG, the company raised $376 million in its initial public offering.
On June 26, Teck Cominco Limited joined the roster of NYSE- listed companies as the 7th company from Canada in 2006 and the 87th in total. This diversified mining company began trading under the symbol TCK.
Aventine Renewable Energy Holdings Inc ., a leading Unites States producer and marketer of ethanol, celebrated its initial public offering on June 29. The company is the second ethanol producer to list on the Exchange for 2006. Headquartered in Pekin , Illinois the company began trading under the ticker symbol AVR.
Grubb & Ellis Company, a full service commercial real estate firm, began trading on the NYSE on June 30 under the ticker symbol GBE. The Chicago based lcompany transferred from the OTC Bulletin Board.
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About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Our listed operating companies represent a total global market capitalization of over $22.9 trillion. In the first quarter 2006, on an average trading day, over 1.7 billion shares, valued at over $65 billion, were traded on the NYSE.
NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca’s trading platform links traders to multiple U.S. market centers and provide customers with fast electronic execution and open, direct and anonymous market access.
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
For more information on NYSE Group, go to: www.nyse.com. Information contained on our website does not constitute an offering of our security.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to: NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. We undertake no obligation to release any revisions to any forward-looking statements.