Press Release NO. 1/2004 OMX to provide trading and clearing system CONDICO™ to OPCOM, the Romanian Power Market Operator ( OPCOM’s selection of an external supplier of a trading system was done as a PHARE project, a European Commission programme. Using the European Commission valuation criteria for PHARE projects, the selection of OMX was done in an open tender bid process. OPCOM has for four years operated the Romanian power day-ahead market and is recognized as a leader in the Romanian power market liberalization. OPCOM is now taking the next step towards the establishment of a well-functioning power market by starting the deployment of a new platform for trading and clearing of power derivatives. “OPCOM considers the partnership with OMX to be a solid base for the future success of this new financial power marketplace,” declared Victor Ionescu, CEO, OPCOM. “The fact that OMX has been chosen to deliver the energy trading and clearing system to OPCOM is an acknowledgement of our position as a leading provider to the global energy industry and is important in our efforts to strengthen our position and offerings to the emerging markets,” said Klas Ståhl, President OMX Technology. “The CONDICO platform’s flexibility and comprehensive functionality have proven key in being selected for this contract.” --- About CONDICO ™ CONDICO is a highly flexible and scalable marketplace solution specially designed to meet the considerable challenges involved in creating an infrastructure for trading and clearing of commodities. CONDICO is based on a web centric, open standards-based architecture and marketplace platform that features a comprehensive set of functionality for bid and order management, matching and information dissemination. The post-trade functionality including deal capture, position management, risk valuation and settlement, makes it a complete marketplace solution ready to be customized according to the respective market’s needs and requirements, and to be expanded in line with business growth. About OMX OMX owns and operates the largest securities market in
About OPCOM The Electricity Market Operator (OPCOM), wholly-owned by the Independent Transmission system Operator Transelectrica, was set up in September 2000 and is entrusted with the organisation and management of the Romanian electricity market. OPCOM has the mission to provide an organized, viable and efficient framework for deployment of commercial transactions in the electricity market, based on continuity, fairness, independence, equidistance, non-discrimination and transparency conditions, in accordance with the Company Statute as well as with the Licence no. 407/2001 issued by the Romanian Electricity and Heat Regulatory Authority. According with the mission and in coherence with the envisaged stages of regional market development, OPCOM intends to establish a forward electricity market including the establishment of a clearing house to support clearing of bilateral contracts and a marketplace for trading of power derivatives. More information is available at www.opcom.ro For more information, please contact: OMX Kjell Asserlind, VP International Energy Sales +46 8 405 6112 Anna Rasin, VP Marketing & Communications +46 8 405 6612
OPCOM Rodica Popa, +40213071467 Head of Guaranty Mechanisms and Financial instruments department Press Release 01/2004 
For more information, please contact S.C. OPCOM S.A.
Victor Ionescu, CEO, telephone (+40 21) 30 71 450
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