PHLX To Begin Trading Options On Nextel Partners, Inc.

The Philadelphia Stock Exchange (PHLX) announced that it will begin trading put and call options on Nextel Partners, Inc. (option/ symbol: KTU/NXTP) upon the opening of business on Wednesday, March 8, 2000. Options on Nextel Partners will trade on the February expiration cycle with initial expiration months of April, May, August and November. Opening strike prices will be 30, 35, and 40. 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, 950 equity options, 12 sectors index options, and 100 currency pairs.