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Photo Release -- Nasdaq Welcomes Live Oak Bancshares to The Nasdaq Stock Market

NEW YORK, July 23, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Live Oak Bancshares, Inc. (Nasdaq:LOB) commenced on The Nasdaq Stock Market on July 23, 2015.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/9d197212-7fa7-4b40-9ae7-4c8171eb8ee0

Live Oak Bancshares, Inc. is the parent and registered bank holding company of Live Oak Banking Company, a national online banking platform for small business lending. Since 2008, Live Oak Banking Company has worked to support the financing of small business growth nationwide.

“Live Oak Banking Company has helped small businesses achieve their financial goals by providing high quality banking services,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are excited to welcome Live Oak Bancshares to the family of financial services companies that call Nasdaq home.”

By listing with Nasdaq, Live Oak Bancshares joins some of the world's largest and most revolutionary companies. Nasdaq is the exchange of choice to 100 percent of regional banks listed on the U.S. markets year-to-date in 2015.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

-NDAQG-

Media Relations Contacts: Will Briganti (646) 441-5012 william.briganti@nasdaq.com

Source:The NASDAQ OMX Group, Inc.

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