Five Regional Winners Awarded $10,000 Each;
Will Now Compete for Grand National Award and Additional Cash Prize of $15,000

New York, NY—The Nasdaq Stock Market Educational Foundation, Inc. and the National Council on Economic Education (NCEE) today announced the names of the five Regional Winners and 20 Semi-Finalists in the nationwide competition for the 2001 Nasdaq National Teaching Awards. These awards are given to high school teachers for excellence and innovation in incorporating economic education into any subject area.

The five Regional Winners will each receive $10,000, while the 20 Regional Semi-Finalists will receive individual awards of $1000. A Grand National Award Winner will be chosen in April 2002 from among the five Regional Winners and will receive an additional $15,000, bringing his or her total cash award to $25,000.

The Grand National Award Winner and the five Regional Winners will receive their cash prizes at a gala to be held at the Plaza Hotel in New York on April 8, 2002. Each Regional Winner and his or her guest will also receive an all-expense paid trip to New York to attend the event and will participate in opening The Nasdaq Stock Market^® on the following day. Semi-Finalists will receive their awards at various local events.
The five teachers chosen as Regional Winners in this year's Nasdaq National Teaching Awards competition are as follows:

• Northeast - Ann Murray, Aquinas High School, Bronx, NY
• Southeast - Anna Vanlandingham, Lake Mary High School, Lake Mary, FL
• Midwest - Ronald J. Simonis, Kettle Moraine High School, Wales, WI
• Southwest - Pamela Calvert, Roosevelt High School, St. Louis, MO
• West - Karl Ochi, George Washington High School, San Francisco, CA
  
  

The complete list of Regional Winners and Semi-Finalists, the titles of their entries, and the names of their high schools are attached to this release. Brief summaries of the Regional Winners' entries can be found on the NCEE web site at www.ncee.net and the Nasdaq Newsroom web site at www.nasdaq.com/newsroom.

"Teachers shape the lives of America's youth in a positive way everyday. Those teachers named today are helping young people develop an understanding of the basic fundamentals of economics that will have a direct impact on their lives, now and in the future," said Wick Simmons, Chairman and Chief Executive Officer, The Nasdaq Stock Market, Inc. and Chairman for the 2001 Nasdaq National Teaching Awards. "The knowledge that young people
are learning from these creative, dedicated and committed teachers will benefit not just the individual but America as a whole."

The awards, created through a grant of the Nasdaq Educational Foundation to the NCEE, recognize deserving high school teachers for their originality, creativity and effectiveness in furthering students' awareness of the financial markets, the capital formation process, principles of investing, personal finance, entrepreneurship and the operation of market economies.

"The diverse teaching strategies and innovative classroom activities of the regional winners and semi-finalists in this year's Nasdaq National Teaching Awards competition offer powerful examples of the many exciting things going on today in economic education," said Robert Duvall, President & CEO of NCEE. "The knowledge being imparted by this outstanding group of teachers is helping to equip students with the lifelong skills they can use to make intelligent, quality of life choices."

Teachers from more than 40 states and a wide variety of schools and locations competed in this year's awards program. Each submission received was forwarded to one of five regional centers for judging. From their respective field of entries, each regional judging panel, composed of finance and economics educators, chose four semi-finalists and a winner for their region. The criteria against which entries were judged included the following:

• Innovation and originality;
• How well it engaged students;
• Use of a variety of appropriate instructional techniques;
• How it meets and works in harmony with the national and state
  standards in economics as well as other subjects as applicable;
• How it fits into the classroom learning environment;
• The ease with which it can be adapted for use by other teachers;
• The effectiveness of the evaluation process; and
• How well results could be demonstrated.
  
  

The Nasdaq Stock Market Educational Foundation, Inc. is a non-profit organization that is engaged in promoting innovative thinking and learning about the role of capital formation and financial markets in a free enterprise system. Its goals are to further financial markets literacy, ensure new generations of well-informed investors and promote interest in financial careers. The Foundation is fully funded by The Nasdaq Stock Market, Inc.

NCEE is a non-profit organization that for more than 50 years has been helping students in grades Kindergarten through 12 develop economic ways of thinking and problem solving to prepare them to function effectively in the global economy. Through a nationwide network of State Councils and 250 university-based Centers for Economic Education, NCEE administers programs that each year reach approximately 120,000 teachers and over 7 million students in more than 70,000 schools. Through grants from the U.S. Department of Education, NCEE programs have also reached 1.2 million students in 20 countries in Central and Eastern Europe and the former Soviet Union.