Clearing  House Advisory Notices
To Clearing Member Firms
From Clearing House Department
Subject CORPORATE EVENT: Kerr-McGee Corp. (KMG) Spin-Off 3/31/06
Notice Date 2006-03-17
Notice Number 06-64
Effective Date 2006-03-31

Kerr-McGee Corp. (KMG) has announced a distribution of Class B common shares of Tronox, Inc. (“TRX.B”).  The distribution ratio will be approximately 0.20 share of common stock of TRX.B for each one share of common stock of Kerr-McGee Corp. The ex-distribution date is Friday, March 31, 2006. This corporate action will be coordinated with the Options Clearing Corporation. 

For the full text of this advisory . . .