NASDAQ Announces the Annual Re-ranking of NASDAQ-100 Index

                The Index Has Outperformed Every Major U.S. Stock
                    Index on a Cumulative Basis Since 1992

  NEW YORK, Dec. 13 /PRNewswire/ -- The Nasdaq Stock Market, Inc. (NASDAQ)
announced today the annual re-ranking of the NASDAQ-100 Index(R), effective
with the market open on Monday, December 23, 2002. 
"The NASDAQ-100 Index is the basis for some 400 financial products
worldwide, up from 7 products just 4 years ago, and has truly become one of
the world's most closely watched barometers of financial market activity,"
said John L. Jacobs, chief executive officer of NASDAQ Financial Products
Services, Inc.  "In fact, it has outperformed every other major stock index in
the U.S. on a cumulative basis since 1992." 
The following 15 issues will be added to the NASDAQ-100 Index: Expeditors
International of Washington, Inc. (Nasdaq: EXPD), Ross Stores, Inc.
(Nasdaq: ROST), DENTSPLY International Inc. (Nasdaq: XRAY), Lamar Advertising
Company (Nasdaq: LAMR), Whole Foods Market, Inc. (Nasdaq: WFMI), First Health
Group Corp. (Nasdaq: FHCC), PETsMART, Inc. (Nasdaq: PETM), Pixar
(Nasdaq: PIXR), Fastenal Company (Nasdaq: FAST), American Power Conversion
Corporation (Nasdaq: APCC), C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW),
Patterson-UTI Energy, Inc. (Nasdaq: PTEN); Gentex Corporation (Nasdaq: GNTX);
Henry Schein, Inc. (Nasdaq: HSIC); and Ryanair Holdings plc (Nasdaq: RYAAY). 
The NASDAQ-100 Index is composed of the 100 largest non-financial stocks
on the NASDAQ Stock Market and dates to January 1985 when it was launched
along with the NASDAQ Financial-100 Index, which is comprised of the 100
largest financial stocks on NASDAQ.  These indices were originally designed to
segment NASDAQ into two major industry groups to support media coverage and to
act as benchmarks for financial products such as options, futures, and funds.
The NASDAQ-100 is re-ranked each year in December, timed to coincide with the
triple witch options expiration Friday of the quarter. 
"The NASDAQ-100 Index uses a set of objective, transparent criteria to
ensure that it accurately reflects the largest non-financial companies listed
on NASDAQ," said Mr. Jacobs.  "The companies in the Index are among the
world's most dynamic, category-defining companies and have been added to the
NASDAQ-100 because of their market capitalization and compliance with our
strict rules-based criteria." 
Shares of each company in the Index are included in the NASDAQ-100 Index
Tracking Stock(SM) (QQQ), which is an exchange-traded fund (ETF) that trades
like a stock.  It is the world's most actively traded ETF.  On most trading
days, it is also the second most actively traded security in the U.S.  QQQ
represents ownership in the Nasdaq-100 Trust(SM).  The Trust holds a portfolio
of equity securities that comprise the NASDAQ-100 Index and aims to provide
investment results that, before expenses, generally correspond with the
NASDAQ-100 Index performance.  Since its inception in March 1999, the Trust's
total assets have grown to over $18 billion. 
Additionally, companies that are removed from the Index may rejoin it at a
later time.  This year, American Power Conversion Corporation, Fastenal
Company, First Health Group Corp, PETsMART, and Ross Stores, Inc., are again
becoming components of the Index. 
Earlier this month, NASDAQ also launched the NASDAQ-100 European Tracker
(EQQQ), which trades on NASDAQ Europe and is designed to closely follow the
NASDAQ-100 Index.  EQQQ provides European investors with low cost access to
the entire range of companies in the NASDAQ-100 Index in European hours, on a
European market. 
There are also 23 domestic mutual funds and seven international funds
linked to the NASDAQ-100 Index.  For more information about the NASDAQ-100
Index, including eligibility criteria, visit . 
As a result of the re-ranking of the NASDAQ-100 Index, the following 15
companies will be removed: Abgenix, Inc. (Nasdaq: ABGX), Andrx Group
(Nasdaq: ADRX), Applied Micro Circuits Corporation (Nasdaq: AMCC), Atmel
Corporation (Nasdaq: ATML), Charter Communications, Inc. (Nasdaq: CHTR),
Conexant Corporation (Nasdaq: CNXT), Cytyc Corporation (Nasdaq: CYTC),
Integrated Device Technology, Inc. (Nasdaq: IDTI), ImClone Systems
Incorporated (Nasdaq: IMCL), i2 Technologies, Inc. (Nasdaq: ITWO), Protein
Design Labs, Inc. (Nasdaq: PDLI), PMC-Sierra, Inc. (Nasdaq: PMCS); Rational
Software Corporation (Nasdaq: RATL); Sepracor Inc. (Nasdaq: SEPR); and Vitesse
Semiconductor Corporation (Nasdaq: VTSS). 
The NASDAQ-100 Index, launched in January 1985, has risen over 346%
percent since inception, although past performance is not necessarily
indicative of future performance. 
NASDAQ (OTC Bulletin Board: NDAQ) is the world's largest electronic stock
market.  With approximately 3,800 companies, NASDAQ lists more companies and
trades more shares per day than any other U.S. market.  Over the past five
years, NASDAQ has outpaced all other U.S. markets in listing IPOs.  It is home
to category-defining companies that are leaders across all areas of business
including technology, retail, communications, financial services, media and
biotechnology industries.  NASDAQ is a key driver of capital formation.  For
more information about NASDAQ, visit the NASDAQ Web site at or the NASDAQ Newsroom(SM) at .  For more information about the NASDAQ-100, visit . 
To learn more about the criteria for inclusion to the NASDAQ-100, visit 
  Notes to editors: 
  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. 
For more complete information about NASDAQ-100 Index Tracking Stock(SM),
including charges, expenses, potential risks and trust performance, obtain a
prospectus from your broker, or call 800-843-2639 or visit the web site at .  Read it carefully before you invest.  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.  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 and expenses.  Past performance is not indicative of future performance. 
The sponsor of the NASDAQ-100 Trust, a unit investment trust, is NASDAQ
Financial Products Services, Inc. ("NFPS"), a wholly owned subsidiary of The
Nasdaq Stock Market, Inc. ("NASDAQ," and collectively with its affiliates
except NFPS, 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 NFPS.  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 NFPS 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
ALPS Distributors, Inc., a registered broker-dealer, is distributor for
the Trust. 
  Company briefs: 
The following are brief descriptions of the 15 companies added to the
NASDAQ-100 Index in descending order based on market capitalization: 
  Expeditors International of Washington, Inc. is a non-asset based global
logistics provider.  Services include air and ocean freight forwarding, vendor
consolidation, customs clearance, marine insurance, distribution and other
value added international logistics services.  The Seattle, Washington,
company had a market capitalization of $3.3 billion at the time of ranking. 
  Ross Stores, Inc. operates a national chain of off-price retail stores
offering first quality, in-season, branded apparel and apparel-related
merchandise for the entire family at prices that average 20% to 60% less than
department and specialty stores.  The company also offers merchandise for the
home at similar savings.  The Newark, California, company had a market
capitalization of $3.2 billion at the time of ranking. 
  DENTSPLY International Inc. designs, develops, manufactures and markets a
broad range of products for the dental market.  The Company products include
dental prosthetics, precious metal dental alloys, dental ceramics, dental x-ray equipment, dental handpieces, and intraoral cameras.  The York,
Pennsylvania, company had a market capitalization of $2.9 billion at the time
of ranking. 
  Lamar Advertising Company is an outdoor advertising company currently
operating 152 outdoor advertising companies in 44 states, logo businesses in
21 states and the province of Ontario, Canada and 39 transit advertising
franchises in 14 states.  The Baton Rouge, Louisiana, company had a market
capitalization of $2.9 billion at the time of ranking. 
  Whole Foods Market, Inc. is a natural and organic foods supermarket
retailer.  The company has stores in the U.S. and Canada.  The Austin, Texas,
company had a market capitalization of $2.7 billion at the time of ranking. 
  First Health Group Corp. is a national health-benefits services company,
specializing in providing large payors with integrated managed care solutions.
First Health is a unique national managed care company serving the group
health, workers' compensation and state agency markets.  The Downers Grove,
Illinois, company had a market capitalization of $2.6 billion at the time of
  PETsMART, Inc. is a specialty retailer of services and solutions for the
lifetime care of pets.  The company provides a broad range of pet food and
supplies, and offers complete pet training, grooming and adoption services.
The Phoenix, Arizona, company had a market capitalization of $2.6 billion at
the time of ranking. 
  Pixar Animation Studios combines creative and technical artistry to create
original stories in the medium of computer animation.  Pixar has created
popular animated films including Toy Story; A Bug's Life; Toy Story 2; and
Monsters, Inc.  Pixar Animation Studios films are produced in partnership with
Walt Disney Pictures.  The Emeryville, California, company had a market
capitalization of $2.6 billion at the time of ranking. 
  Fastenal Company is a distributor of industrial products.  The company has
stores in the United States, Canada, Mexico, Puerto Rico, and Singapore.  The
Winona, Minnesota, company had a market capitalization of $2.6 billion at the
time of ranking. 
  American Power Conversion Corporation is a provider of global, end-to-end
infrastructure availability solutions.  The company has a comprehensive
products and services offering, which is designed for both home and corporate
environments.  The West Kingston, Rhode Island, company had a market
capitalization of $2.5 billion at the time of ranking. 
  C.H. Robinson Worldwide, Inc. is a third-party logistics company.  The
company provides multimodal transportation services and logistics solutions,
serving 15,000 customers through a network of 146 offices in North America,
South America, Europe and Asia.  The Eden Prairie, Minnesota, company had a
market capitalization of $2.5 billion at the time of ranking. 
  Patterson-UTI Energy, Inc. is a provider of onshore contract drilling
services to exploration and production companies in North America.  The
company is also engaged in the businesses of drilling and completion fluid
services and pressure pumping services.  The Snyder, Texas, company had a
market capitalization of $2.3 billion at the time of ranking. 
  Gentex Corporation develops, manufactures and markets proprietary electro-optic products.  The company provides auto-dimming rearview mirrors to the
worldwide automotive industry and commercial fire protection products to the
North American market.  The Zeeland, Michigan, company had a market
capitalization of $2.2 billion at the time of ranking. 
  Henry Schein, Inc. is a distributor of healthcare products and services to
office-based healthcare practitioners in North American and European markets.
The Company serves more than 400,000 customers worldwide, including dental
practices and laboratories, physician practices and veterinary clinics, as
well as government and other institutions.  The Melville, New York, company
had a market capitalization of $2.2 billion at the time of ranking. 
  Ryanair Holdings plc operates a low-fares, no-frills scheduled passenger
airline serving short-haul, point-to-point routes in Europe from its bases at
Dublin, London Stansted, Glasgow Prestwick, and Brussels (Charleroi),
Frankfurt (Hahn), and Milan (Bergamo).  The Dublin, Ireland company's American
Depositary Receipts had a market capitalization of $2.2 billion at the time of
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SOURCE  The Nasdaq Stock Market, Inc. /CONTACT:  Media: Melissa Fox, +1-212-768-2535, or Issuers & Investors:
Lisa Chaney, +1-301-978-8280, both of The Nasdaq Stock Market, Inc./ 

    /Web site:

CO:  Nasdaq Stock Market, Inc.; Expeditors International of Washington, Inc.; 

     Ross Stores, Inc.; DENTSPLY International Inc.; Lamar Advertising
     Company; Whole Foods Market, Inc.; First Health Group Corp.; PETsMART,
     Inc.; Pixar Animation Studios; Fastenal Company; American Power
     Conversion Corporation; C.H. Robinson Worldwide, Inc.; Patterson-UTI
     Energy, Inc.; Gentex Corporation; Henry Schein, Inc.; Ryanair Holdings

ST:  New York, Washington, California, Pennsylvania, Louisiana, Texas, 
 Illinois, Arizona, Minnesota, Rhode Island, Michigan, Ireland
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