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NYSE Signs Cooperation Agreement with China’s Jiangsu Province Home of Leading Chinese Companies to Partner with NYSE as Preferred U.S. Exchange
NEW YORK, Aug. 8, 2006 –NYSE Group Inc. today signed a Memorandum of Understanding with Jiangsu Province’s   Economic & Trade Commission to enhance cooperation between the two organizations.

Under the agreement, Jiangsu ’s Economic & Trade Commission will promote the NYSE as the U.S. stock exchange of choice for Jiangsu-based companies intending to list in the United States .

The NYSE will provide comprehensive information about listing in the U.S. and make Jiangsu Province a priority province in China . The NYSE will provide training programs for Jiangsu-based firms to help them prepare for listing on NYSE.

Jiangsu Province ’s Economic & Trade Commission is a government agency that oversees the economic, trade, foreign investment and financial affairs of Jiangsu Province , one of the most economically developed provinces in China . Jiangsu Province is home to a number of leading private companies that are seeking more exposure to investors globally. Its Economic & Trade Commission aims to help Jiangsu-based companies to raise capital abroad for greater development and international growth.

NYSE Group is the world’s leading venue for non-US and global listings, with 453 non-US listings from 47 countries valued at $8.6 trillion, and the highest trading volume of listed foreign companies, with daily trading volume in non-US stocks on the NYSE valued at $7.5 billion.

 

Background on NYSE-China:

  • The NYSE has 16 companies listed from Mainland China .
     
  • The total global market capitalization of the 16 NYSE-listed Chinese companies from the mainland was $420 billion as of 6/30/2006 .
  • In 2005, the NYSE listed Suntech Power Holdings Ltd. (NYSE: STP), the largest entrepreneurial company from China to be listed in the U.S. markets.

Please see below for the link to all the Chinese companies listed:
http://www.nyse.com/about/listed/7.html?country=China

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. On June 30, 2006 , our listed operating companies represent a total global market capitalization of over $ 22.6 trillion. In the second quarter 2006, on an average trading day, almost 1.8 billion shares, valued at over $68.5 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 provides 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 a part of the prospectus relating to the proposed offering.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this article 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.



Contact: Christiaan Brakman
Phone: 212-656-2094
Email:  cbrakman@nyse.com