(PHILADELPHIA) July 2, 2001 - Frank Olivieri Jr, grandnephew of the original "Pat," founder of Pat's King of Steaks, rang the opening bell on the floor of the Philadelphia Stock Exchange on Monday, July 2 to mark the first day of trading for the month. Mr. Olivieri had help from his 9-year-old daughter, Nicolette. This is the seventh celebrity bell-ringing in a yearlong series of famous Philadelphia people invited to ring the opening bell.

Pat's Steaks is the oldest family-owned restaurant in Philadelphia. It has been at the same location in South Philly for 71 years. Mr. Olivieri brought samples of PhillyCheese Steaks, Pat's signature sandwich.

The Philadelphia Stock Exchange is home to the largest best-capitalized trading firms in the global derivatives market. Supported by advanced trading technology, the Exchange's market share has almost doubled year-over-year in the Phlx's 922 listed equity options and 10 sector index options. For more information about the PHLX and its products, including more than 2,200 stocks and currency pairs, visit www.phlx.com.