February 01, 2007 02:32 ET

Van der Moolen Holding announces retirement of Robert Fagenson from Van der Moolen Specialists USA

AMSTERDAM, THE NETHERLANDS -- (MARKET WIRE) -- February 1, 2007 -- Amsterdam, February 1, 2007


Van der Moolen Holding announces retirement of Robert Fagenson from Van der Moolen Specialists USA

Van der Moolen Holding NV ("VDM") announced today that Robert Fagenson, Vice Chairman and CEO of Van der Moolen Specialists USA, ("VDMS") has announced that he will retire at the end of 2007. Richard den Drijver, CEO of VDM will succeed Mr. Fagenson as CEO in New York effective March 1, 2007. Mr. Fagenson will remain as Non Executive Chairman through the end of the year to assist Richard den Drijver in his new role.

Robert Fagenson commented: " This is a logical time for me to step aside and help Richard take over as Chief Executive of VDMS. I have completed most of the tasks that I set out to address when I assumed the CEO role in early 2005" .

We would like to thank Robert for his contributions to VDMS during his seven years as Vice Chairman and his service as CEO of VDMS.

For more information about Van der Moolen, contact please visit or contact Investor Relations/Corporate Communications, telephone +31 (0)20 535 6789.

Van der Moolen trades on the leading US and European equity exchanges. The group trades in open outcry and electronic markets in several time zones. On the NYSE, Van der Moolen currently has a market share of more than 11% of transaction volume for which it acts as specialist. Van der Moolen's traders worldwide execute an average of 100,000 trades a day. Turnover and price volatility are the most important factors influencing its results. Van der Moolen's shares are listed on Euronext Amsterdam (VDMN.AS). American Depositary Receipts (ADRs) representing Van der Moolen shares are listed on the NYSE (VDM).


This press release contains forward-looking statements within the meaning of, and which have been made pursuant to, the Private Securities Litigation Reform Act of 1995. All statements regarding our future financial condition, results of operations and business strategy, plans and objectives are forward-looking. Statements containing the words "anticipate,""believe,""intend,""estimate,""expect,""hope," and words of similar meaning are forward-looking. In particular, the following are forward-looking in nature: statements with regard to strategy and management objectives; pending or potential acquisitions; pending or potential litigation and government investigations, including litigation and investigations concerning specialist trading in the U.S.; future revenue sources; the effects of changes or prospective changes in the regulation or structure of the securities exchanges on which our subsidiaries operate; and trends in results, performance, achievements or conditions in the markets in which we operate. These forward-looking statements involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our results, performance, achievements or conditions in the markets in which we operate to differ, possibly materially, from those expressed or implied in these forward-looking statements. We describe certain important factors to consider in connection with these forward-looking statements under "Key Information - Risk Factors" and elsewhere in our annual filing with the U.S. Securities and Exchange Commission on Form 20-F. We caution you not to place undue reliance on these forward-looking statements, which reflect our management's view only as of the date of this Report. We have no obligation to update these forward-looking statements.

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