American Stock Exchange to Trade Options on the iShares Dow Jones U.S. Real Estate Index Fund

American Stock Exchange to Trade Options on the iShares Dow Jones
U.S. Real Estate Index Fund 


NEW YORK, May 18  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Wednesday, May 19, 2004 on the underlying shares
of the iShares Dow Jones U.S. Real Estate Index Fund (Symbol: IYR).

The iShares Dow Jones U.S. Real Estate Index Fund will open with strike prices
of 80 through 100 in 1-point increments and position limits of 2,250,000
shares.  The options will trade on the March expiration cycle with initial
expirations in June, July, September and December.  The specialist will be
Wolverine Trading, L.P.

The iShares(R) Dow Jones U.S. Real Estate Index Fund is an exchange-traded
fund.  The Fund's objective seeks investment results that correspond to the
performance of the Dow Jones U.S. Real Estate Index.

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: American Stock Exchange



CONTACT:  Media - Lynn Duffy of the American Stock Exchange,

[phone] or 



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

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