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THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING TWO NEW OPTIONS ON JULY 22

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


PHILADELPHIA — July 21, 2005- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading two new options beginning July 22. The options were allocated to LaBranche Structured Products, LLC.

PolyOne Corporation (option/stock symbol: POL) will trade on the February expiration cycle with initial expiration months August, September, November, and February. Position and exercise limits have been set at 75,000 contracts.

TreeHouse Food, Inc. (option/stock symbol: THS) will trade on the February expiration cycle with initial expiration months August, September, November, and February. Position and exercise limits have been set at 75,000 contracts.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, 1,703 equity options, 22 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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