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OMX Board of Directors Unanimously Recommends the Public Offer From Borse Dubai.

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STOCKHOLM, January 2 /PRNewswire-FirstCall/ -- Statement of the Board of Directors of OMX AB (publ) in relation to the public offer from Borse Dubai Limited and the agreed, subsequent acquisition of OMX shares by The NASDAQ Stock Market, Inc.

Summary

The Board of Directors of OMX AB (publ) ("OMX") unanimously recommends the public offer from Borse Dubai Limited ("Borse Dubai"), taking into account the agreed, subsequent acquisition of OMX shares by The NASDAQ Stock Market, Inc. ("NASDAQ").

Urban Backstrom, Chairman of OMX: "The combination of OMX and NASDAQ will create a new leader in the exchange industry, establish a strong platform for future growth and reinforce the Nordic and Baltic region as a financial centre. Linking trading centres in the US, Europe and the Middle East will provide members, issuers and all other market participants with considerable opportunity in the changing global capital markets. The Borse Dubai offer and the agreed, subsequent acquisition of OMX shares by NASDAQ, is also attractive to our shareholders."

Background

This statement is issued by the Board of Directors of OMX pursuant to section II.14 of the OMX Nordic Exchange Stockholm Takeover Rules.

On 25 May 2007, NASDAQ and OMX jointly announced that they had entered into an agreement to combine the two companies to form a new group, The NASDAQ OMX Group, Inc. ("NASDAQ OMX"). The combination was to be effected through a cash and stock tender offer by NASDAQ for all outstanding shares in OMX. As set forth in the joint press release announcing the combination, released by OMX and NASDAQ on 25 May 2007, the Board of Directors of OMX unanimously recommended to the OMX shareholders that they accept this tender offer by NASDAQ. On 5 June 2007, the Board published a full statement regarding this recommendation.

On 9 August 2007, Borse Dubai announced that it was in the process of purchasing OMX shares at a price of SEK 230 and entering into options for OMX shares at an exercise price of SEK 230 by way of a book building process with selected investors. Later that same day, Borse Dubai announced that it had purchased OMX shares representing 4.9% of the share capital in OMX at a price of SEK 230 and entered into option agreements to purchase another 22.5% of OMX shares at an exercise price of SEK 230 (Borse Dubai subsequently entered into additional option agreements, and in its draft offer document dated 21 December 2007 stated that it had entered into option agreements to purchase a total of another 24.2% of OMX shares at the greater of SEK 230 per share and the offer price at the end of the acceptance period). On 17 August 2007, Borse Dubai announced an all-cash offer for all outstanding shares in OMX (the "Offer") at a price of SEK 230 per OMX share.

On 20 September 2007, NASDAQ and Borse Dubai announced that they had entered into agreements pursuant to which Borse Dubai's Offer of SEK 230 in cash per OMX share was to continue, but that a series of transactions was to be subsequently effected that...

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