Amsterdam 27 February 2007 - This week 195 Dutch investment funds successfully made the transition to the new market model, the Euronext Fund Service. As of 10.00 this morning, all orders were being executed via the new market model, and these transactions generated a total value of  € 167,6 million.

The new market model is a joint initiative of the Dutch Fund and Asset Management Association (DUFAS), the Netherlands Bankers’ Association (NVB), and Euronext, and is based on the recommendations set out in the report of the Winter Committee, which was created by the Netherlands Authority for the Financial Markets (AFM).

The new model makes the price formation process for investment funds more transparent to investors, giving them full insight into the relationship between the price they pay and the net asset value of the fund. The difference between bid and offer prices has been eliminated, and all orders sent to the exchange are executed at the same time once a day, at a price based on the net asset value of the fund.

The combined market capitalisation of the 195 investment funds traded via the Euronext Fund Service is € 66 billion.

Joost van der Does de Willebois, CFO of Euronext, said, “We are very pleased to be launching the Euronext Fund Service. This new market model, which Euronext developed in close co-operation with the AFM, DUFAS and NVB, will make investing in exchange-listed, open-ended investment funds in Amsterdam much more efficient and transparent, will prove advantageous to both investment funds and investors, and will also strengthen our international position. The investment fund sector is extremely important to Euronext Amsterdam, and we hope that the new market model will help us develop this market further.”

Marianne Demarchi, Executive Director, Marketing and Business Development for Euronext Cash & Listing, said “The successful transfer of nearly two hundred investment funds to our new Fund Service confirms the added value of this innovative platform and market model. We are willing to promote its key success factors -efficiency and transparency- in other locations”.

For further information regarding Euronext Fund Service, please visit www.euronext.com/fundservice <http://www.euronext.com/fundservice>.