Statement re Offer Lapse

London Stock Exchange Group PLC
12 February 2007

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA OR CANADA

Statement re lapse of Nasdaq's offer*

10 February 2007

The Board of the London Stock Exchange welcomes the rejection by shareholders of
Nasdaq's offer.  The Exchange looks forward to fulfilling its vision to be the
world's capital market, without the distraction of ill-considered approaches
which fail to understand the value of the business.

Chris Gibson-Smith, the Chairman of the Exchange, commented:

'The Exchange's strategy has produced outstanding results for shareholders by
facilitating a structural shift in volume growth in an increasingly
international market at the centre of the world's equity flows.  The Exchange
intends to build on its exceptionally valuable brand by progressing various
competitive, collaborative and strategic opportunities, thereby reinforcing its
uniquely powerful position in a fast evolving global sector.'

For further information, please contact:

London Stock Exchange Group plc
John Wallace - Media                       020 7797 1222
Paul Froud - Investor Relations            020 7797 3322

Merrill Lynch                              020 7628 1000
Matthew Greenburgh
Richard Slimmon

Lehman Brothers                            020 7102 1000
Anthony Fry
Stephen Fox

Finsbury
James Murgatroyd                           020 7251 3801
Simon Moyse

* The offer was made by Nightingale Acquisition Limited, a wholly owned
subsidiary of The Nasdaq Stock Market, Inc. ('Nasdaq').

The Directors of the Exchange accept responsibility for the information
contained in this announcement. To the best of the knowledge and belief of the
Directors of the Exchange (who have taken all reasonable care to ensure that
such is the case), the information contained in this announcement for which they
accept responsibility is in accordance with the facts and does not omit anything
likely to affect the import of such information.

Merrill Lynch International, which is regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for the Exchange and no-one
else in connection with the offer and will not be responsible to anyone other
than the Exchange for providing the protections afforded to clients of Merrill
Lynch International nor for providing advice in relation to the offer.

Lehman Brothers Europe Limited, which is regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for the Exchange and no-one
else in connection with the offer and will not be responsible to anyone other
than the Exchange for providing the protections afforded to clients of Lehman
Brothers Europe Limited nor for providing advice in relation to the offer.

                      This information is provided by RNS
            The company news service from the London Stock Exchange