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THE PHILADELPHIA STOCK EXCHANGE TO BEGIN TRADING OPTIONS ON LEUCADIA NATIONAL CORP. (LUK) ON THURSDAY, NOVEMBER 2

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

PHILADELPHIA — October 31, 2006 -The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading of options on Leucadia National Corp. (LUK) Thursday, November 2.

Questions concerning this release may be directed to Listings/Market Watch at 1-800-THE-PHLX, choice #2, or 215-496-1508.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 1,943 stocks, 2,287 equity options, 16 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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