SMN ProShares UltraShort Materials

7.19

0.00 (0.00%)

Pre Market

Last Updated: 09:09:37

Delayed by 15 minutes

Name	Symbol	Market	Type
ProShares UltraShort Materials	AMEX:SMN	AMEX	Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	7.19				0	09:09:37

Exercise of Share Options

15/01/2004 9:01am

UK Regulatory

RNS Number:2633U
Savoy Asset Management PLC
15 January 2004

For immediate release





15th January 2004



Stock Exchange Announcement


SAVOY ASSET MANAGEMENT PLC


On 9th January 2004, a former employee of Savoy Asset Management PLC ("Savoy")
exercised options granted under an approved share option scheme over 2,096
ordinary 10p shares in Savoy at an option price of 77p per share.  These shares
were allotted and issued on the 12th January 2004 and application has been made
to have them listed on AIM.


Enquiries:  Paul Tarran - Finance Director, Savoy Asset Management PLC -
020 7659 8083





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