November 27, 2006
International Speedway Corporation ("ISC") strongly opposes NASDAQ's proposal to bundle news distribution and other services into its listing fees.
ISC does not have a problem with NASDAQ raising its listing fee when it is appropriate, but we take serious issue with masking the increase by including service fees and forcing us to use specific providers. Fair competition for these types of services is critical and results in a better quality of product for all NASDAQ listed companies.
ISC urges the SEC to not approve NASDAQ's proposal.
Senior Director - Corporate and Investor Communications, ISC