Filed by Alpha Beta Netherlands Holding N.V.

Pursuant to Rule 425 under the Securities Act of 1933

Subject Companies:

NYSE Euronext

(Commission File No. 001-33392)

Deutsche Börse

June 10, 2011

The following was presented at the Sandler O’Neill Global Exchange and Brokerage Conference on June 10, 2011

1 Sandler O’Neill – Global Exchange and Brokerage Conference New York, 10 June 2011 DRIVING GROWTH & EMPOWERING CAPITAL MARKETS: THE EXCHANGE FUTURE IS NOW

2 Legal disclaimer Safe Harbour Statement  In connection with the proposed business combination transaction between NYSE Euronext and Deutsche Boerse AG, Alpha Beta Netherlands Holding N.V. (“Holding”), a newly formed holding company, has filed, and the SEC has declared effective on May 3, 2011, a Registration Statement on Form F-4 with the U.S. Securities and Exchange Commission (“SEC”) that includes (1) a proxy statement of NYSE Euronext that will also constitute a prospectus for Holding and (2) an offering prospectus of Holding to be used in connection with Holding’s offer to acquire Deutsche Boerse AG shares held by U.S. holders. Holding has also filed an offer document with the German Federal Financial Supervisory Authority (Bundesanstalt fuer Finanzdienstleistungsaufsicht) (“BaFin”), which was approved by the BaFin for publication pursuant to the German Takeover Act (Wertpapiererwerbs-und Übernahmegesetz), and was published on May 4, 2011.  Investors and security holders are urged to read the definitive proxy statement/prospectus, the offering prospectus, the offer document and published additional accompanying information in connection with the exchange offer regarding the proposed business combination transaction because they contain important information. You may obtain a free copy of the definitive proxy statement/prospectus, the offering prospectus and other related documents filed by NYSE Euronext and Holding with the SEC on the SEC’s website at www.sec.gov. The definitive proxy statement/prospectus and other documents relating thereto may also be obtained for free by accessing NYSE Euronext’s website at www.nyse.com. The offer document and published additional accompanying information in connection with the exchange offer are available at Holding’s website at www.global-exchange-operator.com.  Holders of Deutsche Börse shares who have accepted the exchange offer have certain withdrawal rights which are set forth in the offer document. This document is neither an offer to purchase nor a solicitation of an offer to sell shares of Holding, Deutsche Boerse AG or NYSE Euronext. The final terms and further provisions regarding the public offer are disclosed in the offer document that has been approved by the BaFin and in documents that have been filed with the SEC.  No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended, and applicable European regulations. The exchange offer and the exchange offer document shall not constitute an issuance, publication or public advertising of an offer pursuant to laws and regulations of jurisdictions other than those of Germany, United Kingdom of Great Britain and Northern Ireland and the United States of America.  The relevant final terms of the proposed business combination transaction will be disclosed in the information documents reviewed by the competent European market authorities.   Subject to certain exceptions, in particular with respect to qualified institutional investors (tekikaku kikan toshika) as defined in Article 2 para. 3 (i) of the Financial Instruments and Exchange Act of Japan (Law No. 25 of 1948, as amended), the exchange offer will not be made directly or indirectly in or into Japan, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce or any facility of a national securities exchange of Japan. Accordingly, copies of this announcement or any accompanying documents may not be, directly or indirectly, mailed or otherwise distributed, forwarded or transmitted in, into or from Japan. The shares of Holding have not been, and will not be, registered under the applicable securities laws of Japan. Accordingly, subject to certain exceptions, in particular with respect to qualified institutional investors (tekikaku kikan toshika) as defined in Article 2 para. 3 (i) of the Financial Instruments and Exchange Act of Japan (Law No. 25 of 1948, as amended), the shares of Holding may not be offered or sold within Japan, or to or for the account or benefit of any person in Japan. Participants in the Solicitation NYSE Euronext, Deutsche Boerse AG, Holding and their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from NYSE Euronext stockholders in respect of the proposed business combination transaction. Additional information regarding the interests of such potential participants will be included in the definitive proxy statement/prospectus and the other relevant documents filed with the SEC.  Forward-Looking Statements  This document includes forward-looking statements about NYSE Euronext, Deutsche Boerse AG, Holding, the enlarged group and other persons, which may include statements about the proposed business combination, the likelihood that such transaction could be consummated, the effects of any transaction on the businesses of NYSE Euronext or Deutsche Boerse AG, and other statements that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity, and the development of the industries in which NYSE Euronext and Deutsche Boerse AG operate may differ materially from those made in or suggested by the forward-looking statements contained in this document. Any forward-looking statements speak only as at the date of this document. Except as required by applicable law, none of NYSE Euronext, Deutsche Boerse AG or Holding undertakes any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

3 Creating the premier global exchange group €400mn / $580mn in full run-rate cost savings and at least €150mn / $218mn revenue synergies expected through cross-selling and distribution opportunities as well as new and improved offerings Immediately accretive to adjusted earnings for both NYSE Euronext and Deutsche Börse shareholders Increased exposure to attractive, high growth derivatives, clearing, risk management, post-trade, index and market data activities Accelerates earnings growth and enhances earnings / cash flow profile Creates compelling global derivatives platform bringing together complementary products Largest capital raising venue in the world Leading post-trade, risk management, market data & analytics, index and technology capabilities Strong portfolio of leading brands (Deutsche Börse, NYSE Euronext, Eurex, Liffe, Clearstream, Stoxx) Shareholders: Superior value creation through enhanced growth profile and significant synergies Investors: Creates deeper, more liquid and transparent markets Intermediaries: Improved risk management, cost and capital efficiencies Issuers: Increases choice, visibility and global access Creditors: Strong cash flow generation and credit profile Employees: Enhanced career opportunities across all locations of global exchange group Regulators: Global benchmark regulatory model while preserving national regulatory roles 1) €/$ exchange rate of 1.45 as of 5/6/2011 2) Deutsche Börse prepares its financial statements in accordance with IFRS while NYSE Euronext prepares its financial statements in accordance with US GAAP.  Adjusted earnings are derived from the combined projected earnings, before making adjustments to convert NYSE Euronext's financial results from US GAAP to IFRS, and have been adjusted to exclude one time deal costs, amortization of intangible assets and the expected one-off costs of achieving synergies. Adjusted earnings is not a measure recognized under IFRS or US GAAP and, therefore, may not be comparable to similar measures presented by other companies Strategically compelling Financially attractive Long-term benefits to all stakeholders 1 1 2

4 Combination accelerates current strategy Highly complimentary assets combine to create the pre-eminent market infrastructure operator with complete participation across the capital markets value chain Uniquely marries the world’s leading venues for risk management and capital raising, creating product innovation and capital savings opportunities for clients Opportunity to unlock value Considerable scope for cost synergies and incremental revenue opportunities from product innovation and improved distribution to drive shareholder value Leading franchises in every segment should command premium valuation Robust strategic and financial optionality given strong balance sheet Enhanced opportunities and cost savings for clients Markets Corporate Listings & Product Creation Market Data Clearing Settlement and Custody State-of-the- Art Trading Infrastructure Global Client Base Powerful Sell-Side Customers Information Services Capital Efficiency Collateral Management Co-Lo Global Connectivity Networks Partnerships in New Markets Asset Servicing Risk Management Analytics Index Business Services for Issuer Community Infra- Structure Services Global Exchange Links Combined Group well positioned across the value chain

5 Leadership in major asset classes and services 19.0 14.9 12.2 10.5 8.6 6.4 5.6 4.5 0.5 6.6 4.4 3.9 3.7 3.0 0.4 0.1 € 498 $ 663 € 12.1 $ 18.0 € 3.5 $ 5.2 € 2.4 $ 3.6 € 2.0 $ 2.9 € 1.0 $ 1.5 € 1.8 $ 2.8 € 559 $ 743 € 334 $ 444 € 305 $ 406 € 297 $ 395 € 225 $ 299 € 114 $ 152 € 102 $ 136 € 13.1 $ 19.6 € 4.1 $ 6.1 € 406 $ 515 Source: Company filings, World Federation of Exchanges; Options Clearing Corporation; Futures Industry magazine; Note: €/$ 1.33, €/£ 0.86, €/SEK 9.54, €/S$ 1.81; €/C$ 1.33 (2010 averages); Data on US options volumes inclusive equity options and index/other; ADV = Average daily trading volume Global derivatives, ADV (mn) – 2010 US options volume contracts, ADV (mn) – 2010 Domestic market capitalization of listed issuers (tr) – Mar-11 Market data & technology revenue (mn) - 2010

6 Leading scale in the exchange industry Source: Company filings, IBES broker consensus; Note: Adjusted for non-recurring items, LSE/TMX pro-forma; €/$ 1.33, €/S$ 1.81, €/AU$ 1.44, €/£ 0.86, €/HK$ 10.31, €/B$ 2.33; €/C$ 1.37 (averages for 2010) 1) Combined financials exclude net synergies from Deutsche Börse/NYSE Euronext combination 2) LSE EBITDA uses IBES broker consensus as no actuals available Net revenue (2010, mn) DB1 - NYX CME DB1 NYX LSE-TMX NDAQ ICE BM&F HKEx ASX SGX DB1 - NYX CME DB1 NYX LSE-TMX NDAQ HKEx BM&F ICE ASX SGX EBITDA (2010, mn) € 4,115¹ $ 5,473 € 2,258 $ 3,004 € 2,227 $ 2,962 € 1,888 $ 2,511 € 1,164 $ 1,545 € 865 $ 1,150 € 810 $ 1,075 € 530 $ 703 € 734 $ 974 € 1,144 $ 1,522 € 2,059 1 $ 2,738 € 1,586 $ 2,109 € 1,221 $ 1,624 € 838 $ 1,114 € 652 2 $ 865 € 600 $ 798 € 589 $ 781 € 527 $ 700 € 577 $ 766 / / € 303 $ 402 € 225 $ 299 € 358 $ 475

7 Deutsche Börse intends to acquire SIX’s stake in Eurex Transaction terms Acquisition of SIX Group’s 50% of the shares and 15% economic share in Eurex and its subsidiaries Purchase price of €590mn to be paid as a combination of 50% cash and 50% in Holdco shares Exclusive use of Eurex trademark rights and IP rights including Eurex system Eurex continues to operate Swiss derivatives market for at least three years Non-compete undertaking of SIX regarding derivatives for two years Effective date for acquisition is 1 January 2012 Rationale Gain access to remaining 15% of Eurex economics Transaction will be immediately earnings accretive after closing (expected for 2012) Fair agreement with Swiss partner that reflects the interest of both partners and positions Eurex for continued successful development Simplification of Eurex governance and management structure and reduction of administrative efforts Post merger integration of Eurex and NYSE Liffe simplified

8 227.8 -1.7 6.6 thereof non-controlling interest 4.9 15.0 212.8 thereof shareholders of parent company (net income) 232.7 13.3 219.4 Net profit -80.4 -3.3 -77.1 Income tax expense 313.2 16.7 296.5 EBT -20.6 -0.8 -19.8 Net financial result 333.7 17.4 316.3 EBIT 4.6 4.6 Result from equity investments -217.1 -2.5 -214.6 Operating costs -93.3 -93.3 Other operating expenses -23.0 -2.5 -20.5 Depreciation, amortization and impairment losses -100.8 -100.8 Staff costs 546.2 526.3 Total revenue less volume related costs -56.7 -56.7 Volume related costs 602.9 19.9 583.0 Total revenue 1.3 -7.0 8.3 Other operating income 16.1 16.1 Net interest income from banking business 585.5 26.9 558.6 Sales revenue pro forma 1Q11 Adjustments 1Q11 Impact on net income in 1Q11 (pro-forma): €15.0mn Currently Deutsche Börse books 85% of Eurex sales revenue With the transaction this will go up to 100% (Q1/11 pro-forma: €31.0mn) IT sales revenue with SIX will be deducted (Q1/11 pro-forma: €4.1mn) Reimbursement by SIX for operation of Eurex (~15% of Eurex costs) deducted Amortization of €100m intangible assets out of the transaction over 10 years assumed (Q1/11 pro-forma: - €2.5mn) Interest earnings component forgone on cash component of acquisition costs (Q1/11 pro-forma: - €0.8mn) Tax rate of ~21% assumed on incremental earnings SIX share in net profit of Eurex (mainly ISE’s profit) Impact of SIX transaction on DB1’s income statement

9 Pro forma NYSE Euronext / Deutsche Börse 2010 net revenue Geographic breakdown Product breakdown 31% 69% U.S. Non-U.S. Net revenue 1 : €4.1bn / $5.5bn Cash Trading  & Listings 1) Based on €/$ exchange rate of 1.33 (2010 average) 2) Includes NYX European Cash execution fees as well as European Market Data revenues from the legacy NYX Cash Trading & Listings segment. Xetra revenues are also included in European Cash 3) Includes NYX U.S. Cash execution fees as well as U.S. Market Data revenues from the legacy NYX Cash Trading & Listings segment 4) Pro Forma calculation allocates the NYX Corporate/Eliminations segment operating loss based on the relative revenue contribution of each legacy NYX segment Cash Trading & Listings Derivatives Market Data & Technology Settlement & Custody EBITDA 1,4 : €2.1bn / $2.7bn 27% 17% 11% 45% Listings Derivatives Settlement & Custody Market Data & Technology Net revenue¹: €4.1bn / $5.5bn U.S. Cash European Cash 2 Other 3 37% 20% 14% 7% 2% 8% 12% Globally diversified capital markets business

10 Source: Futures Industry, Annual Volume Survey 2010. 1) Does not include OTC transactions. ICE included for comparative purposes Complementary equity index and interest rate derivatives migrated to common trading and clearing infrastructure Product innovation >€2bn / $3bn in already identified capital efficiencies for clients Operational efficiencies for customers Most diversified derivatives exchange in the world Potential for new market penetration Attractive partner for OTC market Largest and only regulated exchange Pan-EU trading platform covering almost 2/3 of Eurozone GDP Integrated order book and single clearing system reduces costs and increases liquidity for EU clients Increased trading opportunities vs. Pan-EU equity derivatives platform Continued global leadership in capital raising with enhanced profile for listed issuers Derivatives Cash and Listings Total volumes – Global derivatives exchanges ranked by futures and options traded and /or cleared – 2010 1 2010 Europe cash trading market share 22% 24% 6% 9% 11% 28% Other / / 1 2 3 4 5 6 7 8 13 Rank Unparalleled risk management and capital raising markets… 0.3 1.1 1.1 1.1 1.4 1.6 3.1 3.7 4.8 (bn contracts)

11 Source: Company filings Figures converted using: €/$ 1.33, €/£ 0.86, €/SEK 9.54, €/C$ 1.33 (2010 averages) Leading provider of capital markets infrastructure services to buy-side and sell-side market participants as well as major global exchange partners Complementary combination of content and distribution DB news, data, analytics, STOXX index services NYX global SFTI and NYFIX networks Increased critical mass in data centers; opportunities for additional service provision Pioneer in global cross-border settlement and custody Capabilities in more than 100 countries Average value of assets under custody of $10.9tr in 2010 Processed 116mn settlement transactions during 2010 Clearstream’s global reach can be levered to facilitate cross-border trading and capital raising for listed companies Strategically positioned to offer enhanced OTC services to buy-side and sell-side clients Opportunity to deliver even greater collateral efficiency from combined clearinghouse, building on existing success of “General Collateral (GC) Pooling” service Increased buy-side access via NYFIX network Information Services and Technology Solutions Clearstream settlement and custody Market data and technology revenue – 2010 (mn) € 559 $ 743 € 498 $ 663 € 406 $ 515 € 334 $ 444 € 305 $ 406 € 297 $ 395 € 225 $ 299 € 114 $ 152 € 102 $ 136 … Supported by critical global infrastructure

12 Creates deeper, liquid and more transparent markets Simplifies global connectivity Complementary customer solutions to provide full-service offering Combination benefits market structure Investors Intermediaries Issuers Regulators Improved risk management Cross margining benefits (over ~€2bn / ~$3bn already identified) Simplifies global connectivity Global listings venue of choice Increases visibility and global access Global benchmark regulatory model while preserving national regulatory roles Combined group serves as natural partners for harmonization and transparency across jurisdictions Creates a stronger, more diversified global clearing provider, bringing stability and transparency to the financial system and its customers

13 15 February 2011 Current Technology (+ €51mn): One common trading and clearing infrastructure “CTAC” Combination of networks Consolidation of U.S. data centres Eliminating overlapping IT function where applicable Global sourcing and global delivery model Clearing (+ €4mn): Additional cost avoidance expected from not building two separate fully owned & operated CCPs  Market Operations (+ €15mn): Implementation of a central European market operations hub for cash, derivatives and clearing Combination of business organizations in the U.S. and Europe i.e., sales and product development Corporate Center (+ €30mn): Further refinement of corporate functions in accordance with the new, combined organization Leveraging global sourcing opportunities: supplier & contract consolidation Consolidate real estate portfolio Levers for additional cost synergies 2 €300mn / $435mn 1 €400mn / $580mn 1 Technology €79mn Technology €130mn Clearing €67mn Clearing €71mn Market Operations €98mn Market Operations €113mn Corporate €56mn Corporate €86mn 1) All figures converted at a €/$ exchange rate of 1.45 as of 5/6/2011 2) Bold represents synergy levers identified post-announcement Cost synergies of €400 / $580 million clearly identified

14 1) Synergies converted using €/$ exchange rate of 1.45 as of 5/6/2011 Expected revenue synergies of at least €150mn / $218mn 1 annually, with full run-rate being achieved at end of year 3 Over 1/3 rd of revenue synergies from clearing alone Clearing Clearing for European cash equities Clearing for European derivatives Technology and MD&A Expanded client set for hosted / managed technology and data services Extension of STOXX index franchise to U.S. market and globally Richer content for pre- and post-trade data and analytics products Derivatives and cash markets Increase turnover from combining equity and derivatives liquidity pools Cross-distribution in European cash markets Asian expansion Listing venue of choice for attracting Asian issuers interested in a U.S. or European listing Leading presence in Asian markets through existing investments and technology agreements Attractive partner New asset classes Infrastructure in place to drive growth in new asset classes Emissions & Energy – Eurex / BlueNext / EEX Agriculture and other commodities – Eurex and NYSE Liffe Combination has access to unique growth opportunities

15 Integration and closing processes crossing key milestones Regulatory process Integration planning Run-rate of expense synergies Feb. 15 Current Year 1 25% 30% Year 2 50% 65% Year 3 100% 100% Integration teams identified and project offices established Further validation and quantification of synergies Increasingly detailed roadmap for synergy realization Position mapping and relationship building ongoing at senior management level Developing strategy for IT infrastructure and development Accelerated timeline of run rate expense synergies Conversations with over 100 policymakers Meetings with key government, regulatory and financial constituents in the U.S., Paris, London, Brussels, Amsterdam and Lisbon Draft competition filing submitted to European Commission with pre-notification discussions ongoing Working cooperatively with DOJ Several meetings with College of Regulators and its dedicated merger task force Initial meeting with the Committee on Foreign Investment in the U.S. (CFIUS) Deutsche Börse exchange offer cleared by BaFin on May 2 nd and launched on May 4 th F-4 declared effective by SEC on May 3 rd and proxy statement mailed on May 10 th

16 1) All estimates using IBES consensus. Figures converted at a €/$ exchange rate of 1.45 as of 6 May 2011; 2) 2011E earnings determined by multiplying 2011E EPS by fully diluted shares outstanding (NYX: 262mn, DB1: 186mn) 3) Includes impact of run-rate synergies of €550mn taxed at a rate of 27% 4) Based on NYX fully diluted shares of 262mn and DB1 fully diluted shares of 186mn Illustrative sensitivity analysis Value drivers DB1 share @ 60% NYX share @ 40% Total Per DB1 share 4 Per NYX share 4 Earnings power €mn €mn €mn € $ 2011 NYSE Euronext net income 2 470 2011 Deutsche Börse net income 2 825 Net income impact of full run-rate synergies 3 402 Pro forma NYX / DB1 net income 1,018 679 1,697 5.47 3.76 Equity value upside €bn €bn €bn € $ At current earnings multiple 13x 13.2 8.8 22.1 ~71 ~49 14x 14.3 9.5 23.8 ~77 ~53 15x 15.3 10.2 25.5 ~82 ~56 Dividend potential €mn €mn €mn € $ Based on current NYX / DB1 payout ~50% 509 339 848 2.74 1.88 Cost and revenue synergies increase earnings power of combined group and result in immediate value creation for shareholders Additional value creation through potential expansion of price earnings multiple Combination creates value for shareholders 1

17 Superior cash flow generation and strong balance sheet NYSE Euronext and Deutsche Börse have superior cash flow generation and strong balance sheets (mn) 2.2x 1.2x 2010A EBITDA Total debt / 2010A EBITDA NYSE Euronext Deutsche Börse Credit rating: A+ / A3 Credit rating: AA / NR On May 13, 2011, Deutsche Börse distributed an ordinary dividend of €2.10 per share In 2010, NYSE Euronext paid an ordinary dividend of $1.20 per share (annual equivalent) Since 2007A, Deutsche Börse and NYSE Euronext have returned a combined €3.4bn / $4.7bn  of capital to shareholders Both NYSE Euronext and Deutsche Börse have attractive dividend and capital management policies 2007A-2010A returned capital to shareholders Source: Company filings, FactSet; Note: Financial data as of 12/31/2010; €/$ exchange rate of 1.45 as of 5/6/2011, €/$ 1.37 for 2007 average, €/$ 1.47 for 2008, €/$ 1.39 for 2009 average and average €/$ 1.33 for 2010 average 1) Adjusted for restructuring expenses NYSE Euronext Deutsche Börse '07-'10 ordinary dividends (mn) '07-'10 share buybacks (mn) € 237 / $ 349 € 1,574 / $ 2,189 € 775 / $ 1,100 € 808 / $ 1,124 € 1,045 / $ 1,473 €2,349 / $ 3,288 € 838 / $ 1,114 € 1,221 / $ 1,624 1

18 The combined company will have superior cash flow generation with 2010PF FCF of ~€1.5bn / $2.0bn 1 , ~70% more cash than its nearest competitor This will allow the combined entity to maintain the shareholder friendly distribution policy both Deutsche Börse and NYSE Euronext have pursued in the past Ratings agencies expect an improved credit profile for NYSE Euronext as a result of a combination with Deutsche Börse “With the DB merger, NYX creditors would benefit from the combined entity's broader and strategically better- positioned franchise and stronger cash flow generation” ~ Moody’s, 2/15/2011 The combined company’s strong balance sheet will provide financial stability to critical market infrastructure for the benefit of issuers, and trading and clearing participants Source: Company filings, FactSet; Note: Financial data as of 12/31/2010; €/$ exchange rate of 1.45 as of 5/6/2011, €/$ 1.33 for 2010 average (synergies converted at €/$ 1.45 spot rate); Total debt represents face value at maturity 1) FCF defined as operating cash flow minus capital expenditures; Run-rate revenue synergies of €150mn ($218mn) and cost synergies of €400mn ($580mn); Nearest peer CME generated 2010A FCF of ~€0.9/$1.2bn 2) Adjusted for restructuring expenses A Deutsche Börse-NYSE Euronext merger will create a leader with superior cash flow generation and a strong balance sheet 1.2x 1.6x PF EBITDA excl. synergies PF EBITDA incl. synergies PF debt/EBITDA excl. synergies PF debt/EBITDA incl. synergies 2010PF Deutsche Börse-NYSE Euronext (mn) Superior cash flow generation and strong balance sheet (cont’d) € 2,059 / $ 2,738 2 € 2,609 / $ 3,536 2

19 Special post closing dividend of €2.00 per Holdco share Deutsche Boerse and NYSE Euronext intend to pay a one-time special dividend of €2.00 shortly post-closing Translates into €2.00 for every tendered Deutsche Boerse share and €0.94 / $1.37 for every NYSE Euronext share Total dividend amount is expected to amount to ~€620mn / $905mn (assuming 100 percent tender acceptance by Deutsche Boerse shareholders) Sign of the intention to continue to pursue a shareholder friendly distribution policy while at the same time following prudent capital management policies Underscores strength of the combined group, which will be a global leader across the spectrum of capital markets services Subject approval of Supervisory Board of Deutsche Boerse and Board of Directors of NYSE Euronext on for June 16 Deal contingent one-time special dividend of €2.00 1) €/$ exchange rate of 1.46 as of 6/6/2011

20 The right transaction at the right time for both organizations Deutsche Börse has transformed its business from a German equities market into a world- leader in derivatives, risk management and post-trade infrastructure NYSE Euronext has been leading the evolution of the exchange industry, leveraging technology and brand to create a multi-asset class global exchange model The two companies’ complementary assets combine to form a complete market infrastructure portfolio covering trading, risk- and collateral management as well as market data and technology The combined group’s scale and scope will afford it unique access to growth opportunities in a changing capital market landscape We will continue to focus on communicating the compelling value creation of this combination NYSE Euronext shareholder vote is 7 July Deutsche Börse tender offer period expires 13 July