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2014-04-29

The NASDAQ OMX Group, Inc.: MOU of Strategic Partnership and Cooperation Between Arab Common Exchange Holding and NASDAQ OMX

MANAMA, Bahrain and NEW YORK, April 29, 2014 (GLOBE NEWSWIRE) -- NASDAQ OMX
(Nasdaq:NDAQ) and Arab Common Exchange Holding (ACX Holding) have signed a
Memorandum of Understanding (MOU) that will build on their collective
achievements to enter into a long-term strategic partnership to establish a
pan-Arab network of exchanges owned and run by the private sector to serve
the entire Arab capital markets.

The Arab League's focus on the economy led to the initiative of H.M. King
Hamad Bin Isa Al Khalifa to host ACX HQ in the Kingdom of Bahrain, adopted by
the 22 Arab leaders in a resolution at the 'Arab Leaders Economic Summit'
held in Riyadh on 22 January 2013.

NASDAQ OMX and ACX Holding see the importance of jointly establishing a
business partnership that would serve and develop the capital markets in the
Arab region by forming a long-term strategic partnership and cooperation,
beginning with the signing of a Memorandum of Understanding (MOU). NASDAQ OMX
and ACX intend to enter an agreement allowing both parties to form a deeper
collaboration. NASDAQ OMX will work closely with ACX in sharing its unique
experience and best practices over the past decades, as ACX evolves from a
bourgeoning start-up to a network of pan-Arab regional exchanges.

"ACX has embarked over the past year to develop a plan of action and
preparation of necessary studies and business models appropriate for the
development of the investment environment," said Safar Al Harthi, Chairman of
ACX. "This includes the development of flexible mechanisms to ensure the flow
of Arab capital, regional and foreign development projects of all sizes and
sectors in the Arab world."

He further added that, "We found the interest of NASDAQ OMX, one of the
world's largest exchange companies and the leading provider of market
technologies, to enter into a long-term strategic partnership as a good
opportunity to work together to further develop and deepen the Arab capital
markets with the active participation of the private sector."

The MOU will create an initial taskforce to layout the framework of the
partnership which will lead to establishing and operating a fully-fledged
exchange in the Kingdom of Bahrain. The Exchange will be a platform to list
different types and sizes of companies such as closed, families, public,
start-ups, Waqf, as well as real estate projects and trading of various
conventional and Islamic instruments. The Exchange will operate both
platforms, one conventional and one Islamic-compliant, to meet the needs of
participants who wish to trade on one or both of these markets.

The ACX business model will also offer services to primary and secondary
markets to provide sufficient financing and increase investment opportunities
for further development of local Arab capital markets. It will also enhance
the visibility of Arab joint investments for more participation from Arab
citizens as well as foreign investments.

"We consider the Arab League's initiative a prime opportunity for NASDAQ OMX
to assist ACX in further developing the Arab capital markets," said Lars
Ottersgård, Senior Vice President, Market Technology, NASDAQ OMX. "We look
forward to exploring all opportunities with ACX in this new, interesting
development."

NASDAQ OMX

NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange
technology, information and public company services across six continents.
Through its diverse portfolio of solutions, NASDAQ OMX enables customers to
plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70 marketplaces in
50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX
is home to more than 3,400 listed companies with a market value of over $8.5
trillion and more than 10,000 corporate clients. To learn more,
visitwww.nasdaqomx.com.

NDAQG

For more information, please contact:

----------------------------------------------
| |
|From NASDAQ OMX From ACX Holding |
|Mr. Ryan Wells Mr. Sabarish Swamy |
|Ryan.wells@nasdaqomx.com sab@arabcomx.com |
|6465814286 966138676600 |
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via Globenewswire

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