American Stock Exchange to Trade Options on Three Securities

NEW YORK, Aug. 31  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Friday September 1, 2006 on the following Nasdaq Stock Market and New York Stock Exchange listed stocks of:

  * Hoku Scientific, Inc. (Options Symbol: HQF/Stock Symbol: HOKU)
  * LJ International Inc. (Option Symbol: UOD/Stock Symbol: JADE)
  * Meadowbrook Insurance Group, Inc. (Symbol: MIG)



Hoku Scientific, Inc. options will open with position limits of 5,000,000 shares. The options will trade on the January expiration cycle. The specialist will be Jane Street Specialist LLC. Hoku Scientific, Inc. designs, develops and manufactures membrane electrode assemblies, or MEAs, and non-fluorinated membranes for proton exchange membrane, or PEM, fuel cells.

LJ International Inc. options will open with strike prices of 2 1/2 - 5 - 7 and position limits of 5,000,000, shares. The options will trade on the January expiration cycle. The specialist will be Jane Street Specialists, LLC. LJ International Inc. designs and markets semi-precious gemstones. The Company also manufactures gold, platinum and silver jewelry products such as rings, necklaces, bracelets, pendants and complete jewelry sets.

Meadowbrook Insurance Group, Inc. options will open with strike prices of 7 1/2 - 10 - 12 1/2 and position limits of 5,000,000 shares. The options will trade on the January expiration cycle. The specialist will be Susquehanna Investment Group. Meadowbrook Insurance Group, Inc. provides alternative risk management programs and services. These include reinsurance brokering, risk management consulting, claims handling and administrative services, along with various types of property and casualty insurance coverage.

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 190 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: American Stock Exchange



CONTACT:  Bari Trontz, American Stock Exchange, [phone],





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

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