Van der Moolen announces that today 1.175.965 common shares Van der Moolen Holding NV have been issued as part of the settlement of the earn-out agreement in respect of the Curvalue acquisition that was completed on January 2, 2006. The amount of the earn-out payment is based on the profitability of Curvalue in 2006 relative to pre-established profit targets. The issuance of the common shares Van der Moolen Holding NV has been included in the basic earnings per share after December 31, 2006.