New York, N.Y. — The Nasdaq Stock Market, Inc. (NASDAQ^®; OTCBB: NDAQ) today announced that Thomas W. Weisel, Chairman and Chief Executive Officer, Thomas Weisel Partners, has resigned from the Board of Directors, effective Wednesday, November 24, 2004.

The Nominating Committee will review nominees for approval by the Board to replace Mr. Weisel. The Board of Directors currently has 15 members.

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