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THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING TWO NEW OPTIONS ON TUESDAY, AUGUST 29

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

PHILADELPHIA — August 28, 2006 — The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading two new options beginning Tuesday, August 29. Timber Hill Inc. will be the specialist for both options.

Realogy Corporation. (option/stock symbol: H) will trade on the February expiration cycle with initial expiration months of September, October, November and January. Position and exercise limits have been set at 200,000 contracts.

Wyndham Worldwide Corporation. (option/stock symbol: WYN) will trade also trade on the February expiration cycle. Position and exercise limits have been set to 75,000 contracts.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 1,935 stocks, 2,231 equity options, 19 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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