American Stock Exchange to Trade Options on Eight Securities NEW YORK, Aug. 13 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, August 16, 2004 on the following Nasdaq Stock Market and New York Stock Exchange listed stocks of: * Briggs & Stratton Corporation (NYSE:BGG) * CKE Restaurants, Inc. (NYSE:CKR) * Cleveland-Cliffs Inc. (NYSE:CLF) * Intuitive Surgical, Inc. (NASDAQ:ISRG/OptionNASDAQ:Symbol:NASDAQ:AXQ) * Mobile TeleSystems OJSC (NYSE:MBT) * NETGEAR, Inc. (NASDAQ:NTGR/OptionNASDAQ:Symbol:NASDAQ:TUD) * Select Comfort Corporation (NASDAQ:SCSS/OptionNASDAQ:Symbol:NASDAQ:QSL) * University of Phoenix Online (NASDAQ:UOPX/OptionNASDAQ:Symbol:NASDAQ:UBY) Briggs & Stratton Corporation options will open with position limits of 2,250,000 shares. The options will trade on the January expiration cycle. The specialist will be TD Options, LLC. Briggs & Stratton Corporation designs, manufactures, markets and services air cooled gasoline engines for outdoor power equipment. CKE Restaurants, Inc. options will open with position limits of 6,000,000 shares. The options will trade on the March expiration cycle. The specialist will be Stuyvesant Trading Group. CKE Restaurants, Inc., through its subsidiaries, franchises and licensees, operates quick-service restaurants. Cleveland-Cliffs Inc. options will open with position limits of 3,150,000 shares. The options will trade on the January expiration cycle. The specialist will be LaBranche Structured Products, LLC. Cleveland-Cliffs Inc. produces iron ore pellets and sells the majority of its pellets to integrated steel companies in the US and Canada. The Company operates several iron ore mines located in Michigan and Minnesota in the US, and in Eastern Canada. Intuitive Surgical, Inc. options will open with position limits of 2,250,000 shares. The options will trade on the January expiration cycle. The specialist will be Stuyvesant Trading Group. Intuitive Surgical, Inc. manufactures the da Vinci Surgical System, a system that translates the surgeon's natural hand movements on instrument controls into corresponding micromovements of instruments positioned inside the patient. Mobile TeleSystems OJSC options will open with position limits of 3,150,000 shares. The options will trade on the March expiration cycle. The specialist will be TANSTAAFL Research & Trading, LLC. Mobile TeleSystems OJSC provides mobile telephone services in Russia and the former Soviet Union NETGEAR, Inc. options will open with position limits of 3,150,000 shares. The options will trade on the March expiration cycle. The specialist will be Group One Trading, L.P. NETGEAR, Inc. provides networking products designed for small businesses and homes. Select Comfort Corporation options will open with position limits of 3,150,000 shares. The options will trade on the March expiration cycle. The specialist will be Kellogg Capital Group, LLC. Select Comfort Corporation designs, manufactures and markets a line of air bed mattresses with adjustable firmness, as well as foundations and accessories. University of Phoenix Online options will open with position limits of 2,250,000 shares. The options will trade on the March expiration cycle. The specialist will be LaBranche Structured Products, LLC. University of Phoenix Online is a division of the University of Phoenix, Inc., a wholly owned subsidiary of the Apollo Group. The Company is an online provider of accessible, accredited education programs for working adults. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. DATASOURCE: The American Stock Exchange CONTACT: Lynn Duffy of the American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

Copyright