UAL Corporation to Join the NASDAQ-100 Index Beginning March 8, 2007
NEW YORK, Feb. 28, 2007 (PRIME NEWSWIRE) -- UAL Corporation (Nasdaq:UAUA) of Elk Grove Township, Illinois, will become a component of the NASDAQ-100 Index(r) (Nasdaq:NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE), and the NASDAQ-100 Ex Technology Index (Nasdaq:NDXX) prior to market open on March 8, 2007. UAL Corporation will replace American Eagle Outfitters, Inc. (Nasdaq: AEOS). UAL Corporation will also be included in the NASDAQ-100 Index Tracking Stock(sm) (Nasdaq:QQQQ).
With a market capitalization of approximately $4.7 billion, UAL Corporation is a holding company whose primary subsidiary is United Airlines. United operates more than 3,600 flights a day on United, United Express and Ted to more than 210 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States.
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 the performance of the Index.
NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, its systems trade more shares per day than any other U.S. market. NASDAQ is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.
The Trustee for the NASDAQ-100 Trust is required to adjust the composition of the Trust within three business days of the effective date of a change to the composition of the NASDAQ-100 Index.
The NASDAQ-100 Index Tracking Stock is subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance. An investor cannot invest directly in the Index. Index performance does not reflect the fees and expenses associated with investing in the NASDAQ-100 Index Tracking Stock.
An investor should carefully consider investment objectives, risks charges and expenses before investing. For this and more complete information about NASDAQ-100 Index Tracking Stock(sm), a unit investment trust, obtain a prospectus from your broker, or call (888) 627-3837 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 investment results that generally correspond to the performance of the NASDAQ-100 Index before fees, expenses, and taxes. Past performance is not indicative of future performance.
ALPS Distributors, Inc., a registered broker-dealer, is distributor for the Trust.
The sponsor of the NASDAQ-100 Trust, a unit investment trust, is NASDAQ Global Funds , Inc. ("NGF"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("NASDAQ," and collectively with its affiliates except NGF, the "Corporations"). 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.
"NASDAQ" and related marks are trademarks or service marks of NASDAQ and have been licensed for use for certain purposes by NGF. The NASDAQ-100 Index is comprised and calculated by NASDAQ without regard to the NASDAQ-100 Index Tracking Stock. The Corporations make no warranty, express or implied, and bear no liability with respect to NASDAQ-100 Index Tracking Stock. The Corporations and NGF make no warranty, express or implied, and bear no liability with respect to the NASDAQ-100 Index, its use or any data included therein. The Corporations do not guarantee the accuracy or the completeness of the Index, or any data used to calculate the index, or determine the index components.
CONTACT: NASDAQ Media Contact: Wayne Lee (301) 978-4875 Issuer & Investor Contact: Lisa Chaney (301) 978-8281 UAL Media Relations (847) 700-5538
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