The Philadelphia Stock Exchange To Begin Trading Two New Options On Friday, March 28

The Philadelphia Stock Exchange (PHLX) announced today that it will begin to trade two new options on March 28, 2008.

The first option was allocated to Citadel Derivatives Trading Group LLC:

Visa, Inc. (option/stock symbol: V) will trade on the March expiration cycle with initial expiration months of April, May, June, September and January. Position and exercise limits have been set at 250,000 contracts.

The second option was allocated to LaBranche Structured Products, LLC:

Clear Channel Communication (option/stock symbol: CCU) will trade on the January expiration cycle with initial expiration months of April, May, July, October and January. Position and exercise limits have been set at 250,000 contracts.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades over 7,000 stocks, 2,640 equity options, 16 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.