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Apr 18, 2008

Eurex

Market-Making in Equity Options: Revised Quote Obligations

In their session on April 16, 2008 the Management Boards of the Eurex Exchanges decided to modify the regulation of the last trading day and the final settlement day for Weekly Options. The change will become effective on April 21, 2008.

The amendment will only apply to those options series the final settlement day of which is the first day of a calendar month. If this day is a public holiday, the final settlement day will not be the day before, as usual, and thus be in the previous calendar month, but the following exchange trading day.

This change will relate for the first time to options series on the SMI® (OSM1) in August 2008. Originally, the final settlement day would be August 1, 2008. However, due to a public holiday final settlement day would be July 31, 2008. According to the new regulation, the final settlement day will now be August 4, 2008.

The next time this new regulation will be effective on May 1, 2009 and concerns all existingWeekly Options series (DAX®, DJ EURO STOXX® 50 and SMI®).

If you have any questions, please contact Tobias Ehinger, at tel. +41-588 54-23 08, or e-mail:
tobias.ehinger@eurexchange.com.

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