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CBOE: Ishares SM S&P 100® Index Fund Trading Volume Sets New Record

Date 01/06/2001

The Chicago Board Options Exchange (CBOE) today announced that as of 1:00 p.m. CDT, trading volume in the iShares SM S&P 100® Index Fund (ticker symbol OEF) was 205,100 shares, exceeding the previous single-day record of 174,600 shares, set on March 22, 2001.

The iShares S&P 100 Index Fund is an exchange-traded fund that seeks the investment results which correspond generally to the price and yield performance, before fees and expenses, of the S&P 100® Index. iShares S&P 100 Index Fund trades like an individual stock, but offers the investment diversification of an index. Like a stock, OEF shares can be bought and sold intra-day or held over the long term.

The iShares S&P 100 Index Fund, which is traded exclusively at CBOE, was launched on October 27, 2000. Wolverine Trading, L.P. is the Designated Primary Market Maker (DPM) in the iShares.

CBOE, the world's largest options marketplace and creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE site on the World Wide Web at http://www.cboe.com.