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To: rogermci® who wrote (4840)	6/27/2003 5:22:23 PM
From: Jeffrey S. Mitchell	Respond to of 12465

Re: 6/27/03 - NASDAQ: NASDAQ Announces Discontinuation of the BBX Subject: NASDAQ Announces Discontinuation of the BBX From: Glen Wolyner, Executive Vice President, NASDAQ NASDAQ’s new management, led by President and CEO Robert Greifeld, has recently concluded a strategic review of its business initiatives. As a result of that review, NASDAQ® has announced that it will focus solely on products and services that contribute to its mission to be the best stock market in the world for investors. After careful consideration and effective immediately, NASDAQ will discontinue its efforts to launch the BBX. We understand that the decision to discontinue the planning of the BBX may be disappointing, but the existing Over The Counter Bulletin Board (OTCBB) will continue its current operations that provide a quotation facility for companies that are current in their Securities and Exchange Commission (SEC) filings. Other initiatives NASDAQ is discontinuing are: NASDAQ EuropeSM -- Shareholders of NASDAQ Europe voted to discontinue operation of the market. As a result of the decision, an orderly wind down of market operations will take place. NQLX -- NQLX is a joint venture with the London International Financial Futures Exchange (LIFFE) to create a market for single stock futures and other futures products. Liquidity TrackerSM -- Liquidity Tracker is an automated order routing system designed to allow traders to direct orders to specific market makers based on recent trading activity. NASDAQ ToolsSM -- NASDAQ Tools is an order management system for order routing and quote management. If you have questions, please call the BBX toll free line (877.BBX.LIST) or email bbxinfo@thebbx.com. Sincerely, Glen Wolyner, Executive Vice President NASDAQ Transaction Services bbxchange.com