Client  Management Advisory Notices
To Back Office Managers
From Client Management Operations
Subject UPDATES: Eurodollar Fifth-Year MidCurve Options
Notice Date 2003-08-19
Notice Number NP#248
Effective Date  
<div class="rxbodyfield"><div><table hspace="0" vspace="0" width="592" cellpadding="0" cellspacing="0"><tbody><tr><td align="left" valign="top"><div><h3><span><font color="#800080" face="Arial">New Contract Notice</font></span></h3><h3><font size="2" color="#800080" face="Arial">NP# 248</font></h3><h3>&#160;</h3><h3><font size="2" color="#800080" face="Arial">Date: August 18, 2003</font></h3></div></td></tr></tbody></table></div><p class="MsoNormal"><font face="Arial"><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></p><h4><font size="2" color="#800080" face="Arial">CORRECTION</font></h4><h4><span><font size="2" color="#800080" face="Arial">(Corrections are stated in bold font)</font></span></h4><p align="center" class="MsoNormal">&#160;</p><p class="MsoBodyTextIndent"><font face="Arial"><span><strong>CONTRACT NAME:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></strong></span> <span>Eurodollar Fifth-Year MidCurve Options<strong><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></strong></span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></p><h2>&#160;</h2><h2><font face="Arial"><span>LISTING DATE:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span class="msoDel"><del datetime="2003-07-30T15:04" cite="mailto:olotan"><font color="#ff0000" face="Arial">Commence trading on</font></del></span></span> <st1:date month="8" day="18" year="2003"><span>August 18<sup>th</sup>, 2003</span></st1:date> <span>at</span> <st1:time hour="7" minute="20"><span>7:20 a.m. CST</span></st1:time> <span><span><span><span>(</span></span></span></span><span><span>Pending Board Approval Expected</span></span> <st1:date month="8" day="6" year="2003"><span><span>August 6, 2003</span></span></st1:date><span><span>).</span></span><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;</span></span></font></h2><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>DESCRIPTION: <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>The Fifth-Year MidCurve Options mirror all the features of</span></font></p><p class="MsoNormal"><span><font face="Arial">the Two-year MidCurve Options except for the underlying futures. The Fifth-Year MidCurve Option is exercisable into a standard quarterly Eurodollar futures contract with expiration 48 months following the option&#8217;s expiration. <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>.</span></font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>CONTRACT SIZE:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>$1,000,000&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>.</span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>TRADING HOURS:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span class="msoDel"><del datetime="2003-07-30T14:51" cite="mailto:olotan"><font face="Arial"><span><font color="#ff0000" face="Arial">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></span></font></del></span> <span>Regular Trading Hours: <span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><span>&#160;&#160;</span></ins></span></span></span></font></p><p class="MsoNormal"><span><span class="msoIns"><ins datetime="2003-07-31T09:48" cite="mailto:smazur"><font size="+0">Monday &#8211; Friday<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><span>&#160;&#160;</span></font> &#160;7:20 a<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial">.</font>m<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0" face="Arial">.</font>&#160;&#8211; 2:00 p<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font face="Arial">.</font>m<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0" face="Arial">.</font>&#160;CST<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0" face="Arial">.</font>&#160;<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><span>&#160;</span> &#160;<font color="#ff0000"><span class="msoDel"><del datetime="2003-07-31T09:47" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial">Monday<del datetime="2003-07-31T09:46" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial">s<span class="msoDel"><del datetime="2003-07-31T09:47" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial">&#8211; Friday<del datetime="2003-07-31T09:46" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial">s</font>.</font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></ins></span></font></font></font></font></ins></span></font></font></font></ins></span></font></ins></span></span></p><p class="MsoNormal"><font face="Arial"><span>GLOBEX<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">&#174;</font>&#160;<span><span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">Trading Hours</font><span><span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:Stacey%20Jurek"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">:</font></font></font> <span><span class="msoDel"><del datetime="2003-07-30T14:51" cite="mailto:olotan"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font color="#ff0000" face="Arial">&#174;</font></font></font></font><span><span class="msoDel"><del datetime="2003-07-30T14:51" cite="mailto:olotan"><font face="Arial"><font color="#ff0000" face="Arial">:</font></font></del></span></span></font></del></span></span></font></font></font></font></ins></span></span></font></font></font></font></font></ins></span></span></font></font></font></ins></span></span></font></p><p class="MsoNormal"><span><span class="msoIns"><ins datetime="2003-07-31T09:46" cite="mailto:smazur"><font size="+0">Monday - Thursday 2:13 p<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font face="Arial">.</font>m<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0" face="Arial">.</font>&#160;&#8211; 7:<span class="msoIns"><ins datetime="2003-07-31T09:57" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0">0<ins datetime="2003-07-31T09:45" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0" face="Arial">4</font><font size="+0"><span class="msoDel"><del datetime="2003-07-31T09:45" cite="mailto:smazur"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000">5<del datetime="2003-07-31T09:57" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000">05&#160;a<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000"><font color="#ff0000"><font color="#ff0000" face="Arial">.</font>m<span class="msoIns"><ins datetime="2003-07-30T14:51" cite="mailto:olotan"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000"><font color="#ff0000"><font size="+0"><font size="+0"><font face="Arial"><font size="+0"><font size="+0"><font size="+0"><font color="#ff0000"><font color="#ff0000"><font color="#ff0000"><font color="#ff0000" face="Arial"><font color="#ff0000" face="Arial">.</font>&#160;CST.<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></del></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></ins></span></font></font></font></ins></span></font></ins></span></span></p><p class="MsoNormal"><span><font face="Arial"><span class="msoIns"><ins datetime="2003-07-31T09:46" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial">Sunday &amp; Holidays 5:32 <ins datetime="2003-07-31T09:47" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">p.<span class="msoIns"><ins datetime="2003-07-31T09:47" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">m</font>.<span class="msoIns"><ins datetime="2003-07-31T09:47" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">&#8211;&#160;<ins datetime="2003-07-31T09:46" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">7:<ins datetime="2003-07-31T09:47" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">04 a</font>.<span class="msoIns"><ins datetime="2003-07-31T09:47" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">m</font>. CST.</font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></ins></font></font></font></ins></span></font></span></p><p class="MsoNormal"><span><span><span><font face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></span></span></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>VALID CONTRACT MONTHS:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>September 2003, December 2003, March 2004, and</span></font></p><p class="MsoNormal"><font face="Arial"><span><span class="msoDel"><del datetime="2003-07-30T15:04" cite="mailto:olotan"><font face="Arial"><font face="Arial"><font face="Arial"><span><font color="#ff0000" face="Arial">&#160;</font></span> &#160;&#160;June 2004<span>.</span></font></font></font></del></span></span></font></p><p class="MsoNormal"><span><font face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></span></p><p class="MsoNormal"><font face="Arial"><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;</span></span></font></p><h2><font face="Arial"><span>PRODUCT CODE:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>E5<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></span></font></h2><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><font face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></span></p><p class="MsoNormal"><font face="Arial"><span><span class="msoIns"><ins datetime="2003-07-30T17:56" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial">STRIKE PRICES:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> &#160;<span><span class="msoIns"><ins datetime="2003-07-30T18:00" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">Strikes within a range of</font>&#160;<span class="msoIns"><ins datetime="2003-07-30T17:56" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">At-The<ins datetime="2003-07-30T17:59" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">-<ins datetime="2003-07-30T17:57" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">M<ins datetime="2003-07-30T17:56" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">oney<ins datetime="2003-07-30T18:03" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">(ATM)<ins datetime="2003-07-30T17:57" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">+/- 2.50</font></font>&#160;<span class="msoIns"><ins datetime="2003-07-30T18:00" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">will be listed</font></font>&#160;<span class="msoIns"><ins datetime="2003-07-30T17:57" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">for all mo</font><ins datetime="2003-07-30T18:01" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">n</font><ins datetime="2003-07-30T17:57" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">ths at an interval of 0.25.<span>&#160;</span> &#160;Special 0.125 (half-strikes) will be listed for 1<span><sup><span>st</span></sup></span></font></font>&#160;<span class="msoIns"><ins datetime="2003-07-30T17:59" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">and 2<span><sup><span>nd</span></sup></span>&#160;Quarters</font></font><span class="msoIns"><ins datetime="2003-07-30T18:01" cite="mailto:zenworks"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial"><font face="Arial">, within a range of ATM +/- .125 (1 up/dn).</font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></span></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></font></font></font></font></ins></font></font></font></font></font></font></font></ins></span></font></font></font></font></ins></span></span></font></font></font></ins></span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><span class="msoIns"><ins datetime="2003-07-30T17:56" cite="mailto:zenworks"><font face="Arial">&#160;</font></ins></span></span></p><p class="MsoNormal"><font face="Arial"><span>MINIMUM PRICE INTERVALS:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>Half tick (0.005) for 1<sup>st</sup> and 2<sup>nd</sup> quarterly options<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Full tick (0.01) for 3<sup>rd</sup> and 4<sup>th</sup> quarterly options.<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>DOLLAR VALUE PER TICK:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>Full tick <span class="msoDel"><del datetime="2003-07-30T17:52" cite="mailto:zenworks"><font color="#ff0000" face="Arial">=</font></del></span> <span class="msoIns"><ins datetime="2003-07-30T17:52" cite="mailto:zenworks">of</ins></span> 0.01 IMM Index point<span class="msoIns"><ins datetime="2003-07-31T09:48" cite="mailto:smazur"><ins datetime="2003-07-30T17:52" cite="mailto:zenworks">= $25</ins></ins><ins datetime="2003-07-31T09:48" cite="mailto:smazur">.00</ins><ins datetime="2003-07-31T09:57" cite="mailto:smazur">.</ins></span></span></font></p><p class="MsoNormal"><font face="Arial"><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>TERMINATION OF TRADING:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>Friday immediately preceding the third Wednesday of the contract month.<span>&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></p><p class="MsoNormal"><font face="Arial"><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>FINAL SETTLEMENT PRICE:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>The underlying futures contract (which is the futures contract</span></font></p><p class="MsoNormal"><span><font face="Arial">that expires forty-eight calendar months after the month in which the option expires) as calculated on the close of the Final Settlement Date.<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>DELIVERY:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>Cash Settled.<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>POSITION LIMITS:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span class="msoDel"><del datetime="2003-07-31T09:53" cite="mailto:smazur"><font color="#ff0000" face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> &#160;<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></del></span> <span><span class="msoIns"><ins datetime="2003-07-31T09:52" cite="mailto:smazur">10,000 futures-equivalent contracts net all contracts same side.</ins></span></span></span></font></p><p class="MsoNormal"><span><font face="Arial"><span class="msoDel"><del datetime="2003-07-31T09:52" cite="mailto:smazur"><font face="Arial"><font face="Arial"><font face="Arial"><font color="#ff0000">Subject to position accountability.</font>&#160;<span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span></font></font></font></del></span></font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>MINIMUM REPORTABLE LEVEL:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>850 contracts.</span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> <span>&#160;</span> <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span><span>&#160;</span></span></font></p><p class="MsoNormal"><font face="Arial"><span>CFTC REPORTABLE NUMBER: <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>Contact Judy Sepsey, CFTC, at <span>Maggie Sweet at 312-596-</span></span></font></p><p class="MsoNormal"><span><font face="Arial">0609<span>.</span></font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><font face="Arial">PERFORMANCE BOND</font></span></p><p class="MsoNormal"><font face="Arial"><span>REQUIREMENTS:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>To be published by the Clearing House<span>.</span></span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>CLEARING FEES:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></span> <span>To be published by the Audit Department.</span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><font face="Arial">PRICE CONVENTIONS:</font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><font face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></span></p><table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable"><tbody><tr><td width="174" valign="top"><p align="right" class="MsoNormal">&#160;</p></td><td width="84" valign="top"><h5 align="center"><font color="#800080" face="Arial">Trade Price</font></h5></td><td width="96" valign="top"><h5 align="center"><font color="#800080" face="Arial">Strike Price</font></h5></td><td width="258" valign="top"><h5 align="center"><font color="#800080" face="Arial">Premium</font></h5><h5 align="center"><font color="#800080" face="Arial">(Trade Price)</font></h5></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Actual Price</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">96.25</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">0.1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">TREX/TES Format</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">0001650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Unmatched Trade Notice</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">.1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Trade Register File</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">.1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Recap Ledger</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Settlement Price File</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">1650</font></span></p></td></tr><tr><td width="174" valign="top"><h5><font color="#800080" face="Arial">SPAN File</font></h5></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">GLOBEX Price Entry</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">APS/ACS File Format</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">.1650</font></span></p></td></tr><tr><td width="174" valign="top"><p class="MsoNormal"><span><font face="Arial">Cabinet (actual .0025)</font></span></p></td><td width="84" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">n/a</font></span></p></td><td width="96" valign="top"><p align="center" class="MsoNormal"><span><font face="Arial">9625</font></span></p></td><td width="258" valign="top"><p align="center" class="MsoNormal"><font face="Arial"><span>9999999 or CAB (GLOBEX = 0 (zero))</span></font></p></td></tr></tbody></table><p class="MsoNormal"><span><font face="Arial"><span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></font></span></p><p class="MsoNormal">&#160;</p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><font face="Arial"><span>FOR FURTHER INFORMATION, CONTACT:</span></font></p><p class="MsoNormal">&#160;</p><p class="MsoNormal"><span><font face="Arial">cme.com Inquiries<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Customer Service<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (800) 331-3332</font></span></p><p class="MsoNormal"><span><font face="Arial">General Information:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Ori Lotan<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 466-7430</font></span></p><p class="MsoNormal"><span><font face="Arial">Stacey Jurek <span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 338-2088</font></span></p><p class="MsoNormal"><span><font face="Arial">Steve Mazur<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 930-2035</font></span></p><p class="MsoNormal"><span><font face="Arial">GLOBEX Information:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> GLOBEX Control Center (312) 456-2391</font></span></p><p class="MsoNormal"><span><font face="Arial">Performance Bond Information:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Risk Management Dept.<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 648-3888</font></span></p><p class="MsoNormal"><span><font face="Arial">Position Limits:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Ken Lovett<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 648-3259</font></span></p><p class="MsoNormal"><span><font face="Arial">Settlement/Delivery Information:<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> Morgan Culverhouse<span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span> (312) 930-2892</font></span></p><p>&#160;</p></div>