American Stock Exchange Lists ELKS Linked to Yahoo! Inc.

American Stock Exchange Lists ELKS Linked to Yahoo! Inc. 


NEW YORK, June 25  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today began trading Citigroup Global Markets 10% Equity Linked Securities
(ELKS) linked to Yahoo! Inc. Trading under the ticker symbol EKY, 5 million
shares of the new one-year securities were issued at $10 each with a maturity
date of June 30, 2005.

The security will bear an annual coupon of 10% based on the initial offering
price of $10. The coupon will be payable December 30, 2004 and June 30, 2005.
The ELKS are not subject to redemption by any holder prior to maturity. The
value of the ELKS at maturity will be based on the performance of the
underlying security. The maturity payment for each ELKS will equal either:

   * A fixed number of shares of Yahoo! Inc. common stock, or;
   * $10 in cash.



The securities are issued by Citigroup Global Markets. The Amex specialist unit
is Wolverine Trading LLP.

If you would like to receive a copy of the prospectus for EKY, please contact
the Capital Markets Group at the American Stock Exchange at [phone].

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. 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. For more information,
please visit http://www.amex.com/. 

DATASOURCE: The American Stock Exchange



CONTACT:  Lynn Duffy of the American Stock Exchange, [phone],

 



Web site:  http://www.amex.com/ 

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