The Philadelphia Stock Exchange To Begin Trading Three New Options

For more information, contact Barbara Sorid at 215-496-5200 or by e-mail

PHILADELPHIA – August 11, 2004 - The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading three new options on Thursday, August 12. They have been allocated to Group One Trading, Ltd.

Asset Acceptance Capital Corp. (option/stock symbol: ADU/AACC) will trade on the February expiration cycle with initial expiration months of August, September, November and February. Position and exercise limits have been set at 1,350,000 shares.

New York Mortgage Trust, Inc. (option/stock symbol: NTR) will trade on the February expiration cycle with initial expiration months of August, September, November and February. Position and Exercise limits have been set at 1,350,000 shares.

Gibraltar Steel Corp. (option/stock symbol: RUQ/ROCK) has been allocated will trade on the February expiration cycle with initial expiration months of August, September, November and February. Position and exercise limits have been set at 1,350,000 shares.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, 1,500 equity options, 18 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.

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