PHLX To Begin Trading Three New Options

The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Fairchild Semiconductor International (option/stock symbol: FCS) and Pactiv Corporation (option/stock symbol: PTV), upon the opening of business on Thursday, November 11, 1999. In addition, the PHLX will begin trading put and call options on Internet Capital Group, Inc. (option/stock symbol: EUG/ICGE), upon the opening of business on Friday, November 12, 1999. Options on Fairchild Semiconductor International will trade on the February expiration cycle with initial expiration months of December, January, February, and May. Opening strike prices for Fairchild Semiconductor International will be 25, 30, and 35. Opening strike prices for Pactiv Corporation will be 10, 12 ½, and 15. Options on Internet Capital Group, Inc. will trade on the March expiration cycle with initial expiration months of December, January, March, and June. Opening strike prices for Internet Capital Group will be 155, 160, and 165. The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2600 stocks, 920 equity options, 12 sectors index options, and 100 currency pairs.