NEW YORK, Feb. 14 /Xinhua-PRNewswire/ -- Atticus Capital today sent the following letter to Jean-Francois Theodore, Chairman of the Managing Board of Euronext N.V. (Euronext):
February 14, 2007
Jean-Francois Theodore
Chairman - Managing Board
Euronext N.V.
PO Box 19163
Damrak 70
1000 GD Amsterdam
The Netherlands
Dear Mr. Theodore,
Congratulations on your pending merger with the New York Stock Exchange.
We are writing this letter to clarify to you and the market what our entire economic exposure is to Euronext N.V. In addition to the 11,069,136 common shares disclosed in our most recent public filing, we also have added derivative exposure to Euronext through cash-settled total return swaps in respect of 4,484,592 notional shares. As a result, we now have total economic exposure to 15,451,711 Euronext shares.
We look forward to being one of the largest shareholders in NYSE Euronext.
Sincerely,
Timothy R. Barakett David Slager
Chairman and CEO Vice-Chairman
About Atticus Capital LP
Atticus Capital, LP, is a leading asset management firm, with more than $14 billion of assets under management. Founded by Timothy Barakett in 1995, the firm is headquartered in New York with an office in London. Atticus invests in global securities markets on behalf of major institutions, endowments, pension funds, and private investors. Timothy Barakett, Chairman and CEO, and David Slager, Vice-Chairman, lead the firm's portfolio management team. Nathaniel Rothschild, Co-Chairman, and Matthew Edmonds, President, also sit on the firm's management committee.
