CBOE To List Full Value LEAPS On S&P 100 Index (OEX) Beginning Tuesday, February 25

The Chicago Board Options Exchange (CBOE) today announced it will list S&P 100 Index (OEX) full value LEAPS beginning Tuesday, February 25, 2003. LEAPS (Long-term Equity AnticiPation Securities) are stock options with an expiration date of up to three years in the future.

The full value LEAPS on the S&P 100 Index (OEX) will have initial strike prices of 320, 360, 400, 440, 480, 520, 560 and 600 with expirations in December 2004 (ticker symbol YOL).

Chicago Trading Company, LLC; Knight Financial Group; and QSA-Ronin Capital, LLC will be the Lead Market Makers (LMMs) for the full value OEX LEAPS. Trading hours are 8:30 a.m. to 3:15 p.m., Chicago time.

CBOE currently offers full value LEAPS on XEO options, which are the S&P 100 Index options with European-style exercise.

Additionally, CBOE lists LEAPS on the following indexes: Dow Jones Industrial Average Index (DJX); S&P 500 Index (SPX); The Russell 2000 Index (RUT); the CBOE Mexico, Technology, Internet and Oil indexes, as well as on CBOE interest rate products. For more information on new listings, visit the Trading Tools section of the CBOE website at www.cboe.com/NewListings. And, for specific information related to index products, visit the Products section of the CBOE website at www.cboe.com/IndexOptions.

CBOE, regulated by the Securities and Exchange Commission (SEC), is the creator of listed options, and the world's largest options marketplace. For additional information about the CBOE and its products, access the CBOE website at www.cboe.com.