CORPORATE EVENT: Phelps Dodge Corp. (PD) 2 for 1 Stock Split 3/13/06

Clearing House Advisory Notices

To	Clearing Member Firms
From	Clearing House Department
Subject	CORPORATE EVENT: Phelps Dodge Corp. (PD) 2 for 1 Stock Split 3/13/06
Notice Date	2006-03-09
Notice Number	06-52
Effective Date	2006-03-13
Phelps Dodge Corporation (PD) has announced a 2 for 1 stock split. The ex-distribution date is March 13, 2006. Opening positions and start of day prices for March 13, 2006 will be based on final position and settlement prices from Friday, March 10, 2006. This corporate action will be coordinated with the Options Clearing Corporation. For the full text of this advisory . . .