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International Securities Exchange Names New Vice President - James Sampson Appointed Vice President Of Market Supervision

Date 16/11/2001

The International Securities Exchange (ISE) announced that its Board of Directors has appointed James O. Sampson vice president of market supervision, a newly created position, which includes the exchange's surveillance and market operations functions.

In addition to his current responsibilities, Mr. Sampson will have responsibility for Market Operations, which includes the Market Control Center, from which the ISE oversees its minute-by-minute operations, and the Market Data Group. Since Mr. Sampson's responsibilities are two-fold, he will report to Michael Simon, senior vice president, chief regulatory officer and general counsel regarding his surveillance responsibilities and to Paul Bennett, senior vice president, market operations regarding his market operations responsibilities.

"I am pleased to announce Jim's promotion to ISE's management team," said Mr. Simon. "Jim's extensive background in developing and implementing surveillance programs, coupled with his current expertise with ISE's systems, makes him the perfect fit for this newly created position. Additionally, this is an exciting opportunity for both Jim and ISE. As our volume and membership continue to grow, the importance of efficient surveillance programs and enhanced market operations grows exponentially as well."

"I am thrilled to be afforded this great opportunity," commented Mr. Sampson. "It will enable me to expand my contributions, while at the same time, allow me to continue the work I enjoy in the regulatory space. Furthermore, I look forward to working with the team of professionals in the Market Operations Department and believe this group will add significant value to the future growth and success of the ISE." Mr. Sampson represents ISE on the Inter-Market Surveillance Group (ISG), a body comprising delegates from all U.S. securities, options and futures exchanges as well as all of the major international exchanges. The ISG has been instrumental in developing new investigative techniques and procedures, while coordinating efforts of the participant exchanges to reduce duplication of regulatory effort and ensure integrity across all markets.