THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING FOUR NEW OPTIONS ON SEPTEMBER 27

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

PHILADELPHIA — September 26, 2005 The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading four new options beginning September 27. The options were allocated to McGowan Investors, L.P.

Applebee’s International, Inc. (AQB/APB)(option/stock symbol: AQB) will trade on the February expiration cycle with initial expiration months of October, November, February and May. Position and exercise limits have been set at 200,000 contracts.

Amerus Group Co. (option/stock symbol: AMH) will trade on the March expiration cycle with initial expiration months of October, November, December and March. Position and exercise limits have been set at 75,000 contracts.

Alaska Air Group, Inc. (option/stock symbol: ALK) will trade on the January expiration cycle with initial expiration months of October, November, January and April. Position and exercise limits have been set at 75,000 contracts.

Borders Group Inc. (option/stock symbol: BGP) will trade on the February expiration cycle with initial expiration months of October, November, January, February and May. 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

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