Clearing House Advisory Notices
To Clearing Member Firms
From Clearing House Department
Subject CORPORATE EVENT: YUM Brands, Inc. (YUM) 2 for 1 Stock Split 6/27/07
Notice Date 2007-06-26
Notice Number 07-153
Effective Date 2007-06-27

Yum! Brands, Inc. (YUM) has announced a 2-for-1 common stock split. The ex-distribution date for the stock split is Wednesday, June 27, 2007. Opening positions and start-of-day prices for June 27, 2007 will be based on final positions and settlement prices from Tuesday, June 26, 2007. This corporate action will be coordinated with the Options Clearing Corporation.

For the full text of this advisory . . .