MEMO # 08-22 DATE: 02/12/08
ACTION: Diamond Offshore Drilling, Inc. (DO) has announced a special cash distribution of $1.25 per DO Common Share. The record date is February 18, 2008 with a payable date of March 3, 2008. The New York Stock Exchange has set February 13, 2008 as the ex-distribution date. This corporate action will be coordinated with the Options Clearing Corporation.
CATEGORY: Special Cash Distribution
EQUITY SYMBOL: DO (Diamond Offshore Drilling, Inc.)
ONECHICAGO SYMBOL: DO1C remains the same
CME FUTURES SYMBOL: DO9 remains the same
EFFECTIVE DATE: Wednesday, February 13, 2008
MULTIPLIER: 100 (e.g., 1.00 equals $100.00)
DELIVERABLE PER CONTRACT: 100 Diamond Offshore Drilling, Inc. (DO) Common Shares
APPLICABLE CONTRACT MONTHS: February, March, June, and September 2008
SETTLEMENT PRICES AND POSITIONS: The start of day prices for Wednesday, February 13, 2008 shall be reduced by the special cash distribution amount (i.e. $1.25) from the Tuesday, February 12, 2008 settlement prices.
NOTES: The forecasted effect of the upcoming corporate event on each clearing firm’s positions can be viewed in infopac in the Corporate Event Initial Forecast Report (ONE712), the Corporate Event Final Forecast Report (ONE713), and the Corporate Event Forecast Audit Report (CPDBU710).
The details after the corporate event has been applied can be viewed in the Corporate Event Activity Report (ONE711).
If you have any questions regarding the information provided in the document, please call CME Clearing risk management hotline at (312) 648-3888.