THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING ONE NEW OPTION ON AUGUST 12

PHILADELPHIA — August 11, 2005- The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading one new option beginning August 12. The option was allocated to LaBranche Structured Products.

Royal Dutch Shell pic (Class B ADS) (option/stock symbol: RQF/RDS’B) will trade on the January expiration cycle with initial expiration months August, September, October, and January. 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, 25 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com