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Memo From Neal L. Wolkoff, Chairman And CEO Of The Amex To All Members, Seat Owners, Employees And Listed Companies - Amex Hurricane Katrina Relief Efforts

Date 07/09/2005

The American Stock Exchange, its owners, members, staff and listed companies have expressed heartfelt concern over the plight of victims of Hurricane Katrina. Yesterday, the Board of Governors approved a matching gift proposal whereby the Exchange will match up to $25,000 in charitable donations directed to help people affected by this tragedy.

Having researched the various relief efforts, two charities with high ratings include Americares and the American Red Cross. I believe that our contribution will have more of an effect if it is focused on a few, rather than many, organizations. However, I recognize that this is a personal decision, and therefore the Exchange will match contributions up to the limit to any charity of your choice aiding the afflicted.

Please drop your checks off on the trading floor at the Service Desk; send them to me to be forwarded; or if you wish to send the donation directly, please provide my office with a copy of the check or receipt so that we can match the donation.