London Stock Exchange Re Lapses Nasdaq's Offer

The Board of the London Stock Exchange welcomes the rejection by shareholders of Nasdaq's offer. The Exchange looks forward to fulfilling its vision to be the world's capital market, without the distraction of ill-considered approaches which fail to understand the value of the business.

Chris Gibson-Smith, the Chairman of the Exchange, commented:

"The Exchange's strategy has produced outstanding results for shareholders by facilitating a structural shift in volume growth in an increasingly international market at the centre of the world's equity flows. The Exchange intends to build on its exceptionally valuable brand by progressing various competitive, collaborative and strategic opportunities, thereby reinforcing its uniquely powerful position in a fast evolving global sector." -- www.londonstockexchange.com