Clearing House Advisory Notices
To Clearing Member Firms
From CME Clearing
Subject CORPORATE EVENT: EchoStar Communications Corporation (DISH) Spin-Off 1/2/08
Notice Date 2007-12-31
Notice Number 07-329
Effective Date 2008-01-02

EchoStar Communications Corporation (“DISH”) has announced a distribution of EcoStar Holding Corporation (“SATS”) Common Shares.  The distribution ratio is .2 SATS Common Shares per DISH Common Share.  The record date is December 27, 2007.  The ex-distribution date is January 2, 2008.

For the full text of this advisory . . .