NASDAQ OMX Group (NDAQ)

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013^{(1) (2)}

$2,000 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 3.11%⁽³⁾ for the three months ended March 31, 2009)

Debt obligations assumed from the Nord Pool transaction⁽⁴⁾

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

On January 1, 2009, we adopted FSP APB 14-1 which requires bifurcation of a component of the debt, classification of that component in equity and accretion of the resulting discount on the debt as part of interest expense being reflected in the income statement. FSP APB 14-1 requires retrospective application to all periods presented. For further discussion, see “Adoption of FSP APB 14-1,” of 2.50% Convertible Senior Notes below.

⁽²⁾

In March 2009, we repurchased $24 million principal amount of the notes. For further discussion, see “Early Extinguishment of Debt,” of 2.50% Convertible Senior Notes below.

⁽³⁾

In 2008, $200 million was swapped to fixed rate using float-to-fixed interest rate swaps. For the three months ended March 31, 2009, taking into account these swaps, the average effective interest rate on this debt was 3.11%. For further discussion, see “Interest Rate Swaps,” of Credit Facilities below.

⁽⁴⁾

Our debt obligations assumed in the Nord Pool transaction are denominated in NOK and totaled 550 million NOK. The increase in the first quarter of 2009 is related to foreign currency translation adjustments.

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013

$2,000.0 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 4.85%⁽¹⁾ for the period February 27, 2008 through December 31, 2008)

Debt obligations assumed from the business combination with OMX AB⁽²⁾

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

In the third quarter 2008, $200.0 million was swapped to fixed rate using float-to-fixed interest rate swaps. As of December 31, 2008, taking into account these swaps, the average effective interest rate on this debt was 4.85%. For further discussion, see “Interest Rate Swap,” of Credit Facilities below.

⁽²⁾

OMX AB’s debt obligations were refinanced with a combination of proceeds from the issuance of the 2.50% convertible senior notes and credit facilities.

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013

$2,000.0 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 4.85%FACE="Times New Roman" SIZE="1">⁽¹⁾ for the period February 27, 2008 through December 31, 2008)

Debt obligations assumed from the business combination with OMX AB⁽²⁾FACE="Times New Roman" SIZE="2">

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

In the third quarter 2008, $200.0 million was swapped to fixed
rate using float-to-fixed interest rate swaps. As of December 31, 2008, taking into account these swaps, the average effective interest rate on this debt was 4.85%. For further discussion, see “Interest Rate Swap,” of Credit
Facilities below.

⁽²⁾

OMX AB’s debt obligations were refinanced with a combination of proceeds from the issuance of the 2.50% convertible
senior notes and credit facilities.

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013

$2,000.0 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 4.73%⁽¹⁾ for the period February 27, 2008 through September 30, 2008) ⁽²⁾

Debt obligations assumed from the business combination with OMX ⁽³⁾

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

In the third quarter 2008, $200.0 million was swapped to fixed rate using float-to-fixed interest rate swaps. As of September 30, 2008, taking into account these swaps, the average effective interest rate on this debt was 4.73%. For further discussion, see “Interest Rate Swap” of Credit Facilities below.

⁽²⁾

Our debt obligations include $300.0 million allocated to fund the acquisition of Nord Pool’s clearing, international derivatives and consulting subsidiaries which was held in a segregated cash account and reported in cash and cash equivalents as of September 30, 2008. On October 21, 2008, we completed our acquisition. See Note 18, “Subsequent Events,” for further discussion.

⁽³⁾

OMX’s debt obligations were refinanced with a combination of proceeds from the issuance of the 2.50% convertible senior notes and credit facilities.

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013

$2,000.0 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 4.88% for the period February 27, 2008 through June 30, 2008)

Debt obligations assumed from the business combination with OMX ⁽¹⁾

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

OMX’s debt obligations were refinanced with a combination of proceeds from the issuance of the 2.50% convertible senior notes and credit facilities.

3.75% convertible notes due October 22, 2012 (net of discount)

2.50% convertible senior notes due August 15, 2013

$2,000.0 million senior secured term loan facility credit agreement due February 27, 2013 (average interest rate of 5.01% for the period February 27, 2008 through March 31, 2008)

Debt obligations assumed from the business combination with OMX ⁽¹⁾

Total debt obligations

Less current portion

Total long-term debt obligations

⁽¹⁾

OMX’s debt obligations were refinanced with the proceeds from the issuance of the 2.50% convertible senior notes and credit facilities.

3.75% convertible notes due October 22, 2012 (net of premium and discount)

$825.0 million senior credit agreement due April 18, 2012, with a letter of credit subfacility and swingline loan facility limited to $400.0 million (average interest rate of 7.11% through September 28, 2007)

$434.8 million secured term loan credit agreement due April 18, 2012 (average interest rate of 7.11% through September 28, 2007)

Total debt obligations

Less current portion

Total long-term debt obligations

3.75% convertible notes due October 22, 2012 (net of premium and discount)

$825.0 million senior credit agreement due April 18, 2012, with a letter of credit subfacility and swingline loan facility limited to
$400.0 million (average interest rate of 7.11% through September 28, 2007)

$434.8 million secured term loan credit agreement due April 18, 2012 (average interest rate of 7.11% through September 28, 2007)

Total debt obligations

Less current portion

Total long-term debt obligations