Amsterdam, Brussels, Lisbon, London, Paris - 30 November 2004 – On 29 November Euronext.liffe Amsterdam successfully migrated its derivatives products on to Euronext’s derivatives trading system: LIFFE CONNECT®.

The migration of the Amsterdam derivatives products on to LIFFE CONNECT®, the world’s most advanced derivatives trading platform, is the final major step for Euronext in creating a single market for all Euronext derivatives products. Euronext has already created a single market for cash products by making all its listed stocks available on a single trading platform, NSC, cleared through a single system, Clearing 21® under a single set of market rules. These migrations are now reducing costs for both Euronext itself and its customers and makes cross-border trading easier and cheaper.

Jean-François Théodore, Chairman and CEO of Euronext said: “We would like to thank our customers for their support in the successful partnership which has helped to achieve this migration. The transfer of the Amsterdam derivatives market to LIFFE CONNECT® marks the final stage of our drive to replace multiple trading venues with a single market supported by state-of-the-art technology.”

Hugh Freedberg, CEO of Euronext.liffe said: “Euronext.liffe is linking strong local markets globally on our world-beating technology, LIFFE CONNECT®. The Amsterdam derivatives market has migrated to the latest version of LIFFE CONNECT® which has been developed to meet the needs of the Dutch market.”

Joost van der Does de Willebois, CEO of Euronext Amsterdam added: “This migration will make the unique and successful Dutch equity options market accessible to a much larger pool of international investors, further enhancing the liquidity of the market. It also creates a gateway to the wide range of other products Euronext.liffe offers, which are now available to Amsterdam market customers through the same connection as locally-listed products.”

Press contacts :

Amsterdam +31 20 550 4488 / 4098
Brussels +32 2 509 1392
Lisbon  +351 217 900 000
London +44 207 379 2804
Paris  +33 1 49 27 11 33

Notes to Editors:

1. LIFFE CONNECT® is now the world’s most widely accessible electronic trading platform for derivatives, taking the market direct to traders at over 800 locations in 29 countries worldwide.  As the world’s most advanced electronic trading system, it offers unrivalled execution, speed and flexibility.  Following the migration of the Amsterdam derivatives market, all of Euronext’s derivatives markets use LIFFE CONNECT®. The Chicago Board of Trade (CBOT) and the Tokyo Financial Futures Exchange (TIFFE) also trade a wide range of fixed income and equity derivatives products using LIFFE CONNECT® as their trading platform.

2. Euronext.liffe is the international derivatives business of Euronext, comprising the Amsterdam, Brussels, Lisbon, London and Paris derivatives markets. It is one of the world’s largest derivatives exchanges; trading business worth over a €1,000 billion on an average daily basis.