Pacific Exchange To Trade SPDR Trust Series 1 Options

The Pacific Exchange (PCX) announced that on Monday, January 10, 2005, it will begin trading options on SPDR TRUST SERIES 1 (SPY).

SPDR Trust options will trade on the January expiration cycle with exercise limits set at 7,500,000 shares. >p>This issue will be traded by Lead Market Maker Fabian Amezaga of Citigroup Derivatives Markets, Inc.