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NYSE Euronext, Shanghai Stock Exchange Expand Memorandum of Understanding
Exchanges Sign Agreement To Jointly Develop Indexes and ETFs Business In China

NEW YORK / SHANGHAI, Feb. 26, 2009 –NYSE Euronext (NYX) and the Shanghai Stock Exchange (SSE) today signed a Memorandum of Understanding (MOU) to expand their current relationship by establishing a partnership for the joint development of Indexes and Exchange Traded Funds (ETFs) in China, the US and globally. The MOU signed today builds on the existing cooperation agreement between the former New York Stock Exchange and the Shanghai Stock Exchange from October 2003.

Under the terms of today's MOU, NYSE Euronext and the Shanghai Stock Exchange will collaborate on joint development, research, marketing, and specialized trading technology, as well as co-branding of indices and Exchange Traded Products, including the listing of ETFs on the Shanghai Stock Exchange.

“We welcome the opportunity that enables China ’s leading stock exchange and the world’s leading venue for Exchange Traded Products to jointly expand our businesses,” said Lisa Dallmer, Senior Vice President, Global Index and Exchange Traded Products, NYSE Euronext. “This further advances the development of both markets and we look forward to expanding our partnership with the Shanghai Stock Exchange to benefit investors and the financial-services industry in China, the U.S. and globally.”

The original MOU establishing enhanced cooperation between the former New York Stock Exchange and the Shanghai Stock Exchange was signed on October 15, 2003. Both exchanges have since significantly expanded their activities in their respective markets, and in 2007, NYSE Euronext became the first foreign exchange to receive approval from the China Securities Regulatory Commission (CSRC) to open a representative office in Beijing.

Exchange Traded Products (ETPs) on NYSE Euronext

NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading.   NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 717 primary ETF and ETV listings.  Additionally, NYSE Arca lists 85 ETNs, 250 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 397 primary ETFs, 73 ETV listings, 1 ETN and lists a total of 15,560 Warrants and Certificates as of the end of January 2008.

About NYSE Euronext – China

NYSE Euronext has 56 companies listed from Greater China. This includes 41 companies from Mainland China listed on the NYSE, 3 from Hong Kong on the NYSE, and 5 Taiwanese companies on the NYSE, as well as 3 companies listed on NYSE Arca, and 4 companies listed on NYSE Alternext.

The People’s Republic of China is one of the largest sources of listed companies from the Asia-Pacific region. The 56 companies from Greater China represent 51% of the more than 100 NYSE-listed companies from the Asia-Pacific region.

Additionally, there are 6 companies from Greater China listed on the Free Market in Europe operated by NYSE Euronext, and the recently acquired NYSE Amex lists an additional 9 companies from China .

The total global market capitalization of the 56 NYSE Euronext-listed companies from Greater China is $1.1 trillion. ($1.2  trillion including HK and Taiwan ). In 2007, the NYSE listed 20 companies from Greater China, including 18 IPOs.   In 2008, NYSE Euronext listed 7 companies from China , including 4 in Europe .

 

Shanghai Stock   Exchange

The Shanghai Stock Exchange was established in 1990 as a non-profit membership institution governed by the China Securities Regulatory Commission (CSRC). The SSE operates on the principle of "legislation, supervision, self-regulation and standardization" to create a transparent, open, safe and efficient marketplace. The SSE provides a marketplace and facilities for securities trading as well as formulating business rules, arranging listings, monitoring securities trading, regulating members and listed companies and managing and disseminating market information.

After thirteen years of operation, the SSE has become the preeminent stock market in China in terms of number of listed companies, number of shares listed and total market value, with 768 companies listed. The total market capitalization of the SSE is RMB 2.7 trillion ($326 billion).  The SSE has 180 members and 36 million investors.  A large number of companies from key industries, infrastructure and high-tech sectors have raised capital and improved their operation mechanism through listing on the Shanghai stock market. The SSE is fully committed to developing Shanghai into an international financial center. More information: www.sse.com.cn.

 

About NYSE Euronext

NYSE Euronext (NYX) is the world’s leading, most liquid and diverse exchange group.  It offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions.  Spanning multiple asset classes and six countries, NYSE Euronext’s exchanges include the New York Stock Exchange, Liffe, the leading European derivatives exchange by value of trading, Euronext and NYSE Arca.  With more than 6,500 listed issues, more than any other exchange group, trading on NYSE Euronext’s equity markets represents more than one-third of the world's cash equities volume.  NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index.  For more information, please visit www.nyx.com.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’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 Euronext’s reference document for 2007 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. 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 Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.



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