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ARTICLE · 23 FEBRUARY 1996

Amsterdam Update - Spring 96 - Amsterdam Exchanges NV to Become Independent PLC

NetherlandsAntitrust/Competition Law
The Amsterdam Exchanges NV is to become an independent company. The aim is to create a more dynamic and efficient corporate structure. An important part of this process includes the establishment of a new organisation for clearing, settlement and depository activities, the Amsterdam Securities Depository (ASD).

The change means the end of the existing arrangement under which the Stock Exchange acts as a service provider to the Amsterdam Exchanges NV Association. Founded in 1876, the Association will continue in a modified form with a self-regulatory and guaranteeing function.

For further information on the Amsterdam Exchanges NV, please contact; Thom Hoedemakers, Director of Communications, Amsterdam Exchanges NV, Buersplein 5, 1012 JW Amsterdam, Netherlands, Tel: +31 20 523 4014, Fax: +31 20 523 4950, or enter text search 'Amsterdam Exchanges NV' and 'Business Monitor'.

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