Paris, April 29, 1998 -- The Ordinary General Meeting of Shareholders of Matif SA met on 28 April 1998. Shareholders approved financial statements for 1997 setting parent company net income at FF7.8 million and consolidated net income at FF21.1 million. The meeting ratified the nominations as directors of Messrs. Arnaud Barbet-Massin, Gérard Barbot, Patrick Combes and Richard Demoulin, and appointed Cyril Le Touze and Gérald Harlin as directors.

At the first meeting of the new Board of Directors, held after the General Meeting, Mr. Gérard Pfauwadel resigned as Chairman and Chief Executive Officer. The Board thanked Mr. Pfauwadel for his contributions at the head of Matif SA over the past ten years.

The Board of Directors appointed Mr. Jean-François Théodore, Chairman and Chief Executive of SBF-Paris Bourse as its new Chairman and CEO, underscoring the synergies and close ties that now exist between the two market operators. The Board also appointed Mr. Pascal Samaran as Deputy Chairman and confirmed Mr. Patrick Stephan, Deputy Managing Director, in his capacity as corporate officer. Philippe Loumeau was named Deputy Managing Director with special responsibility for strategy and international relations. The Management Committee of Matif SA consists of Messrs Jean-François Théodore, Dominique Brutin, François-Guy Hamonic, Philippe Loumeau, Pascal Samaran, Patrick Stephan and Jacques Werren.

Contact: A. Bouvier-Darpy - Tel: +33 1 40 28 83 89