SGX Announces Intention to Migrate to NASDAQ OMX GENIUM Platform

New Platform Would Give SGX Ultra Low Latency and World Leading Performance

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SINGAPORE and STOCKHOLM, Sweden, March 23, 2009 (GLOBE NEWSWIRE) -- Singapore Exchange Limited (SGX) and the NASDAQ OMX Group, Inc. (NasdaqGS:NDAQ - News) announced today that they have signed a Migration Study Agreement. Under the agreement, SGX and NASDAQ OMX will undertake a detailed study of a migration plan to GENIUM, NASDAQ OMX's next generation trading platform.

``We have a successful and long-standing relationship with NASDAQ OMX, and this agreement represents a natural extension of our partnership,'' said Mr Hsieh Fu Hua, Chief Executive Officer of SGX. ``Migration to GENIUM for our trading solution would result in SGX having ultra low latency and world leading performance. This will support our initiatives to attract more high velocity and algorithmic traders, while offering our existing customers the convenience of using the same electronic interface.''

``We are excited to sign this agreement with SGX and further strengthen our partnership,'' said Mr. Magnus Bocker, President of NASDAQ OMX. ``Through this joint study, SGX and NASDAQ OMX will gain the insight and knowledge necessary to successfully migrate SGX trading to our GENIUM platform.''

About Singapore Exchange Limited

Singapore Exchange Ltd (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions -- the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific's first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange's stock is a component of benchmark indices such as the MSCI Singapore's Free Index and the Straits Times Index (STI).

SGX aims to offer a highly trusted, comprehensive and efficient securities and derivatives marketplace for raising capital, risk transfer, trading, clearing and settlement. SGX facilitates the trading and clearing of commodity futures and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway.

For more information, please visit SGX website: http://www.sgx.com

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,800 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements. There can be no assurance that the FSA will give the NASDAQ OMX applicant the authorization and permissions which it seeks.

NDAQG

          SGX
          Corporate Communications
          Lim Seng Jin
          (65) 6236 8385
          sengjin.lim@sgx.com

          NASDAQ OMX
          Corporate Communications
          Carl Norell
          (46 8) 405 6639
          carl.norell@nasdaqomx.com