January 9, 2012

CBOE Stock Exchange Completes Acquisition of National Stock Exchange

CHICAGO, January 9, 2012 - CBOE Stock Exchange (CBSX) announced today that it completed the acquisition of all-electronic National Stock Exchange (NSX) on December 30. The acquisition, approved by the Securities and Exchange Commission, allows CBSX to expand its footprint in the securities exchange space by wholly owning and operating a second separate exchange.

Both exchanges will continue to operate separately under their current names and will integrate teams in Chicago and Jersey City, NJ.

"Completion of this acquisition enables us to offer customers different market structures and routing services," said CBSX CEO and President David Harris, who also has been named Chairman and CEO of NSX. "We now look forward to bringing two very talented CBSX and NSX teams together."

In September, CBSX entered into a definitive agreement to acquire the National Stock Exchange, Inc. (NSX), previously owned by a consortium of nationally known broker-dealers.

About CBOE Stock Exchange
The all-electronic CBOE Stock Exchange, LLC (CBSX), created in 2007 by the Chicago Board Options Exchange (CBOE) and four market-maker partners, offers trading in more than 7,600 equities and exchange traded funds (ETFs) listed on U.S. securities markets. CBSX, which operates as a facility of CBOE, uses CBOE's technology platform, CBOEdirect. CBOE is the largest owner of CBSX (www.cbsx.com), with remaining ownership shared by a consortium of nine broker-dealers.

CBOE, a wholly-owned subsidiary of CBOE Holdings, Inc. (NASDAQ: CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education. CBOE offers equity, index and ETF options, including proprietary products, such as options on the S&P 500 Index (SPX) and on the CBOE Volatility Index (VIX).

About the National Stock Exchange
The National Stock Exchange (NSX), headquartered in Jersey City, NJ, offers trading in all US exchange-listed equities on its NSX BLADE® trading platform. Originally founded as the Cincinnati Stock Exchange (CSX), NSX became the first all-electronic exchange in the U.S. in 1980. The NSX and its wholly-owned routing broker-dealer are regulated by the SEC and FINRA.

Forward-Looking Statements
Certain information contained in this news release may constitute forward-looking statements, such as projected efficiencies following the contemplated acquisition. We wish to caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made.

CBOE Media Contacts:
Gail Osten
312.786.7123
osten@cboe.com

Gary Compton
312.786.7612
comptong@cboe.com

CBOE Investor Relations Contact:
Debbie Koopman
312.786.7136
koopman@cboe.com

CBOE-SX

CBOE®, Chicago Board Options Exchange®, CBSX®, CBOE Stock Exchange®, CBOEdirect®, CBOE Volatility Index® and VIX® are registered trademarks, and, SPX is a service mark of Chicago Board Options Exchange, Incorporated (CBOE). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC, and have been licensed for use by CBOE. NSX® and NSX BLADE® are registered trademarks of National Stock Exchange, Inc. All other trademarks and service marks are the property of their respective owners.




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