ISE Stock Exchange Announces Pricing Changes For Tape B - New Maker/Taker Pricing Of $0.0017/$0.0015 Targeted For Trading In High-Frequency ETFs

The International Securities Exchange (ISE) today announced that the ISE Stock Exchange will introduce new maker/taker pricing for Tape B securities designed to maximize trading efficiency for this ETF-dominated tape. Effective July 1, 2008, liquidity takers will be charged $0.0015 per share on Tape B, down from $0.0030, and liquidity providers will receive a rebate of $0.0017 per share.

Andrew Brenner, head of the ISE Stock Exchange, said, "ISE Stock Exchange will now offer the lowest taker fee for Tape B of any exchange, encouraging market participants to check ISE first for liquidity in these fast-moving names. Customizing the pricing structure specifically for Tape B will provide our members with a cost-effective trading venue for some of the most widely-traded ETFs. At the same time, each trade will have the potential to benefit from price improvement through MidPoint Match."

Pricing for Tapes A and C, and for all MidPoint Match trades, will remain unchanged. These fee changes are subject to filing with the SEC. ISE's complete fee schedule is available at www.ise.com/fees.

Note: These fees exclude order delivery orders and executions on securities priced below $1.00.