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THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING TWO NEW OPTIONS ON WEDNSDAY, OCTOBER 20

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

PHILADELPHIA – Oct. 19, 2004 - The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading two new options on Wednesday, October 20.

Beacon Roofing Supply, Inc. (Nasdaq symbol: QBQ/BECN) has been allocated to LaBranche Structured Products, LLC. It will trade on the January expiration cycle. Position and Exercise limits have been set at 1,350,000 shares.

Affordable Residential Communities (Nasdaq symbol: ARC) has been allocated to LaBranche Structured Products, LLC. Securities. It will trade on the January expiration cycle. Position and Exercise limits have been set at 2,250,000 shares.

The Philadelphia Stock Exchange (PHLX) was founded in 1790. The PHLX trades more than 2,200 stocks, 1,016 listed equity options, 12 sectors index options and currency pairs. For more information about the PHLX and its products, visit www.phlx.com.

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