Jukka Ruuska elected Chairman of NOREX
Jukka Ruuska elected Chairman of NOREX The Board of the NOREX Alliance today elected Jukka Ruuska, President of HEX Integrated Markets, as Chairman of NOREX. Following the signing of the new NOREX Co-operation Agreement on April 7, 2004 HEX Integrated Markets has now become a shareholder in Nordic Exchanges A/S. Oslo Børs and Copenhagen Stock Exchange have both sold 9% of their shareholding to HEX Integrated Markets, and the share distribution in the company is the following: - HEX Integrated Markets: 50% (including the shares formerly owned by Stockholmsbörsen) - Oslo Børs: 23% - Copenhagen Stock Exchange: 23% - Iceland Stock Exchange: 4% At an extraordinary general meeting of Nordic Exchanges A/S today, Jukka Ruuska was elected to the Board of Nordic Exchanges A/S (NOREX) together with Jouni Torasvirta, Head of Helsinki Exchanges, Henrik Paulsson, Acting Head of Stockholmsbörsen and Gert Tiivas, Head of Baltic Operations. Apart from the above mentioned, the Board consists of the following persons: - Thordur Fridjonsson, President & CEO of Iceland Stock Exchange, Vice Chairman - Sven Arild Andersen, President & CEO of Oslo Børs - Hans-Ole Jochumsen, President & CEO of Copenhagen Stock Exchange - Anders Brodin, Deputy CEO of Oslo Børs - Poul Erik Skaanning-Jørgensen, Senior Vice President of Copenhagen Stock Exchange The Management of NOREX consists of the following persons: - Anders Brodin, President & CEO - Poul Erik Skaanning-Jørgensen - Jouni Torasvirta - Henrik Paulsson For more information or comments, please contact: Jukka Ruuska, President of HEX Integrated Markets, tel. +358 9 6166 7200 Hans Ole Jochumsen, President and CEO of Copenhagen Stock Exchange, tel. + 45 3393 3366 Sven Arild Andersen, President and CEO of Oslo Børs, tel. + 47 9064 8071 Thordur Fridjonsson, President and CEO of Iceland Stock Exchange, tel. +354 525 2800 About OMHEX and HEX Integrated Markets OMHEX is a leading provider of marketplace services and transaction technology to financial and energy markets. Through its exchange operations (HEX Integrated Markets) within Stockholmsbörsen, HEX Helsinki, HEX Tallinn, HEX Riga and National Stock Exchange of Lithuania, OMHEX operates northern Europe's largest securities market and offers investors access to 80% of the Nordic and Baltic equity markets. About NOREX NOREX is the strategic alliance between the Nordic stock exchanges. The NOREX Alliance is unique by being the first stock exchange alliance to implement a joint system for equity trading and harmonise rules and requirements between the exchanges with respect to trading and membership. The Alliance consists of the Copenhagen Stock Exchange, Iceland Stock Exchange, Oslo Børs, and the HEX Integrated Markets marketplaces Stockholmsbörsen, Helsinki Exchanges, Tallinn Stock Exchange and Riga Stock Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/17/20040817BIT00240/wkr0001.pdf