KMart Holding Corporation to Join the NASDAQ-100 Index Beginning August 19, 2004
August 11 2004 - 7:30PM
PR Newswire (US)
KMart Holding Corporation to Join the NASDAQ-100 Index Beginning
August 19, 2004 NEW YORK, Aug. 11 /PRNewswire-FirstCall/ -- KMart
Holding Corporation (NASDAQ:KMRT) of Troy, Michigan, will become a
component of the NASDAQ-100 Index(R) (NASDAQ:NDX), effective at the
beginning of trading Thursday, August 19, 2004. KMart will also be
included in the NASDAQ-100 Index Tracking Stock(SM) (AMEX:QQQ).
KMart Holding Corporation will replace PanAmSat Corporation
(NASDAQ:SPOT), which is to be acquired by Kohlberg Kravis Roberts
& Co. L.P., subject to shareholder approval and other closing
conditions. With a market capitalization of approximately $5.8
billion, KMart Holding Corporation is a mass merchandising company
that offers customers quality products through a portfolio of
exclusive brands. The NASDAQ-100 Index, launched in January 1985,
is one of the most widely followed benchmarks in the world. The
NASDAQ-100 Index Tracking Stock represents ownership in the
NASDAQ-100 Trust. The Trust holds a portfolio of equity securities
that compose the NASDAQ-100 Index and aims to provide investment
results that generally correspond with its performance. NASDAQ is
the largest U.S. electronic stock market. With approximately 3,300
companies, it lists more companies and, on average, trades more
shares per day than any other U.S. market. It is home to companies
that are leaders across all areas of business including technology,
retail, communications, financial services, transportation, media
and biotechnology. NASDAQ is the primary market for trading
NASDAQ-listed stocks. Approximately 48% of NASDAQ- listed shares
traded are reported to NASDAQ systems. For more information about
NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com/ or the
NASDAQ Newsroom(SM) at http://www.nasdaq.com/newsroom. The Trustee
for the NASDAQ-100 Trust is required to adjust the composition of
the Trust within 3 business days of the effective date of a change
to the composition of the NASDAQ-100 Index. An investor should
consider investment objectives, risks, charges and expenses
carefully before investing. For this and other information about
QQQ, a unit investment trust, obtain a prospectus from your broker,
or call 888-627-3837. Read it carefully before you invest. 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, before expenses, investment results that
generally correspond to the performance of the NASDAQ-100 Index.
Index performance does not reflect the fees and costs associated
with investing. Investors cannot invest directly in the Index. The
sponsor of the NASDAQ-100 Trust(SM), 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").
"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 composed and calculated by NASDAQ without
regard to NASDAQ-100 Shares. The Corporations make no warranty,
express or implied, and bear no liability with respect to
NASDAQ-100 Shares. 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. ALPS
Distributors, Inc., a registered broker-dealer, is distributor for
the Trust. DATASOURCE: NASDAQ CONTACT: Media: Wayne Lee,
+1-301-978-4875, or Issuer & Investor Contact: Mila Kareva,
+1-301-978-8290, both of NASDAQ; or Jon Gieselman of KMart,
+1-248-463-5277 Web site: http://www.nasdaq.com/newsroom
http://www.nasdaq.com/
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