Mr. Takashi Tsutsui, President & CEO of JASDAQ Securities Exchange, Inc.,
Rings The NASDAQ Stock Market Opening Bell

Monday, August 14, 2006
at NASDAQ's MarketSite
in New York City.

JASDAQ Securities Exchange, Inc.

Mr. Takashi Tsutsui, President & CEO of JASDAQ Securities Exchange, Inc., presides over the opening bell.

The JASDAQ market is the largest stock market for venture businesses and SMEs in Japan. The JASDAQ market was established in 1963 and reborn as a stock trading market for medium and small venture companies in 1983. Subsequently, the market grew rapidly, and the market size came to surpass that of the second section of the Tokyo Stock Exchange. The JASDAQ market has just been reorganized as the JASDAQ Securities Exchange, Inc., according to the migration of the organization from an over-the-counter market to a securities exchange market in December 2004. In the domestic market, it is launched as a completely new and the first securities exchange established in the twenty-first century.

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Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 8/14/2006 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Mr. Takashi Tsutsui, President & CEO of JASDAQ Securities Exchange, Inc., signs into the Market after ringing the Opening Bell These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.