PHILADELPHIA — July 18, 2006
— The Philadelphia Stock Exchange announced today that
pursuant to the investments made by Citadel Derivatives Group
LLC and Merrill Lynch in June 2005, and Citigroup, Credit Suisse
First Boston, Morgan Stanley and UBS in August 2005, each firm
has met its specified performance requirement and has exercised
in full its respective warrant to acquire additional shares
of PHLX. As a result of this exercise, the six strategic investors
now hold 89.4% of the total outstanding shares of PHLX.
The Philadelphia Stock Exchange was founded in 1790. The PHLX
trades nearly 2,000 stocks, more than 2,200 equity options,
19 sectors index options and currency options and futures. For
more information about the PHLX and its products, visit www.phlx.com.
