THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING THREE NEW OPTIONS ON WEDNESDAY, DECEMBER 29

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

PHILADELPHIA – Dec. 28, 2004 - The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading three new options on Wednesday, December 29. They have been allocated to LaBranche Structured Products, LLC.

EFJ, Inc. (Nasdaq symbol: EPU/EFJI) will trade on the March expiration cycle with initial expiration dates of January, February, March and June. Position and Exercise limits have been set at 1,350,000 shares.

Integrated Alarm Services Group, Inc. (Nasdaq symbol: IQK/IASG) will trade on the March expiration cycle with initial expiration dates of January, February, March and June. Position and Exercise limits have been set at 2,250,000 shares.

MGP Ingredients, Inc. (Nasdaq symbol: MUV/MGPI) will trade on the March expiration cycle with initial expiration dates of January, February, March and June. Position and Exercise limits have been set at 1,350,000 shares.

About the PHLX
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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