The Philadelphia Stock Exchange To Begin Trading Six New Options On Friday, January 5

The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade six new options on January 5, 2007. The following option was allocated to Citigroup Derivatives Markets, Inc.:

Market Vectors Gold Miners ETF (option/stock symbol: GDX) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 75,000 contracts.

The next two options were allocated to McGowan Investors, L.P.:

Energy East Corporation (option/stock symbol: EAS) will trade on the January expiration cycle with initial expiration months of January, February, April and July Position and exercise limits have been set at 75,000 contracts.
Tarragon Corporation (option/stock symbol: QFP/ARR) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 50,000 contracts.

The final three options were allocated to Timber Hill Inc.:

iShares Goldman Sachs Networking (option/stock symbol: IGN) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 50,000 contracts.
iShares Goldman Sachs Semiconductor Index Fund (option/stock symbol: IGW) will trade on the January expiration cycle with initial expiration months of January, February, April and July. Position and exercise limits have been set at 50,000 contracts.
KBR, Inc. (option/stock symbol: KBR) will trade on the March expiration cycle with initial expiration months of January, February, March and June. Position and exercise limits have been set at 25,000 contracts.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,327 equity options, 17 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.