THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING THREE NEW OPTIONS ON THURSDAY, DECEMBER 9

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

PHILADELPHIA — December 8, 2004 — The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading three new options on December 9, 2004.

Magellan Health Services, Inc. (option/stock symbol: MJU/MGLN) was allocated to Susquehanna Investment Group. It will trade on the March expiration cycle with initial expiration months December, January, March and June. Position and exercise limits have been set at 2,250,000 shares.

Merge Technologies, Inc. (option/stock symbol: MQP/MRGE) was allocated to Susquehanna Investment Group. It will trade on the March expiration cycle with initial expiration months December, January, March and June. Position and exercise limits have been set at 1,350,000 shares.

NGP Capital Resources Company (option/stock symbol: NQB/NGPC) was allocated to LaBranche Structured Products, LLC. It will trade on the March expiration cycle with initial expiration months December, January, March and June. 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, nearly 1,600 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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