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NASDAQ Press Release

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Media Contact:


Issuer Contacts:


October 31, 2002
Wayne Lee, NASDAQ
(301) 978-4875

Lisa Chaney, NASDAQ
(301) 978-8281

Dorit Meltzer, Teva
(011) 972-3-926-7554


Teva Pharmaceutical Industries Limited to Join
the NASDAQ-100 Index Beginning November 7, 2002


New York, N.Y.—-Teva Pharmaceutical Industries Limited's American Depositary Receipt (NASDAQ:TEVA) will become a component of the NASDAQ-100 Index® (NASDAQ:NDX), effective at the beginning of trading Thursday, November 7, 2002. Teva will also be included in the NASDAQ-100 Index Tracking StockSM (Amex:QQQ). Teva Pharmaceutical Industries Limited will replace Concord EFS, Inc.

Teva Pharmaceutical Industries Limited, headquartered in Israel, develops, manufactures and markets generic and innovative human pharmaceuticals and active pharmaceutical ingredients.

The NASDAQ-100 Index, launched in January 1985, is one of the most widely followed benchmarks in the world. The NASDAQ -100 Index Tracking Stock represents ownership in the NASDAQ -100 Trust. The Trust holds a portfolio of equity securities that compose the NASDAQ -100 Index and aims to provide investment results that generally correspond with its performance.

NASDAQ (OTCBB:NDAQ) is the world's largest electronic stock market. With approximately 3,800 companies, NASDAQ lists more companies and trades more shares per day than any other U.S. market. Over the past five years, NASDAQ has outpaced all other U.S. markets in listing IPOs. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, media and biotechnology industries. NASDAQ is a key driver of capital formation. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.nasdaq.com/newsroom.
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The Trustee for the Nasdaq-100 Trust is required to adjust the composition of the Trust within 3 business days of the effective date of a change to the composition of the Nasdaq-100 Index.

Investment returns and principal value will fluctuate so that an investor's shares, when redeemed or sold, may be worth more or less than the original cost.

For more complete information about Nasdaq-100 Index Tracking StockSM, including trust performance charges, expenses and potential risks, obtain a prospectus from your broker, or call (800) 843-2639 or visit our web site at www.nasdaq-100.com. Read it carefully before you invest.

While there is no assurance that the performance of the Nasdaq-100 Index can be fully matched, the Nasdaq-100 Index Tracking Stock is designed to provide, before expenses, investment results that generally correspond to the performance of the Nasdaq-100 Index. Index performance does not reflect the fees and costs associated with investing. Investors cannot invest directly in the Index.

The sponsor of the Nasdaq-100 TrustSM, a unit investment trust, is Nasdaq Financial Products Services, Inc. ("NFPS"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("Nasdaq," and collectively with its affiliates except NFPS, the "Corporations").

"Nasdaq" and related marks are trademarks or service marks of Nasdaq and have been licensed for use for certain purposes by NFPS. The Nasdaq-100 Index is composed and calculated by Nasdaq without regard to Nasdaq-100 Shares. The Corporations make no warranty, express or implied, and bear no liability with respect to Nasdaq-100 Shares. The Corporations and NFPS make no warranty, express or implied, and bear no liability with respect to the Nasdaq-100 Index, its use or any data included therein.

ALPS Distributors, Inc., a registered broker-dealer, is distributor for the Trust.


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