STOCKHOLM, Sweden, March 22, 2005 (PRIMEZONE) -- As a result of the merger of OMX and Copenhagen Stock Exchange, a new Board of Directors has been appointed for OMX Exchanges Ltd. Stockholm Stock Exchange AB's Board of Directors have the same composition as OMX Exchanges' Board.
The following new members have been elected to OMX Exchanges' and Stockholm Stock Exchange's Boards: John Abrahamson, CEO of Enskilda Securities; Carl-Olof By, Executive Vice President & CFO of Industrivarden; Christian Clausen, Head of Asset Management & Life at Nordea; Peter Engberg Jensen, Group Managing Director at Nykredit and Hans Munk Nielsen, Senior Executive Vice President & CFO of TDC.
The following persons will continue to be members of the Board: Chairman Magnus Bocker, President and CEO of OMX; Vice Chairman Thomas Franzen, formerly Head of the Swedish National Debt Office; Ilona Ervasti-Vaintola, Chief Counsel and Executive Vice President of Sampo; Matti Kinnunen, Chief Operating Officer of Carnegie; Timo Ritakallio, First Executive Vice President of OKO Bank and Jukka Ruuska, President of Stockholm Stock Exchange and President OMX Exchanges.
Bengt Ryden, formerly President of Stockholm Stock Exchange, and Bo Magnusson, Head of Cash Management and Securities Services at SEB, have resigned. However, Bengt Ryden will continue to serve as Chairman of Stockholm Stock Exchange's Listing Committee.
The new Boards will become effective when Copenhagen Stock Exchange is integrated into OMX Exchanges' organization on April 1, 2005.
For more information, please contact: Annika Molander, Vice President Communications, OMX Exchanges +46 8 405 66 10
About OMX Exchanges
OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity and derivatives exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to approximately 80 percent of the Nordic and Baltic Securities market. For more information please visit www.omxgroup.com.
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