International Securities Exchange to Present at the Morgan Stanley Small Cap Executive Conference

The International Securities Exchange (NYSE: ISE) said
today that David Krell, President and Chief Executive Officer, will
present at the Morgan Stanley Small Cap Executive Conference on
Tuesday, June 14, 2005 at 8:45 a.m. ET. An audio webcast of the
presentation will be broadcast live on the Investor Relations section
of ISE's website at www.iseoptions.com.

   ISE Background

   The International Securities Exchange, the world's largest equity
options exchange, was founded on the principle that technology fosters
and infuses new efficiencies and operational innovations into
securities trading. After developing an innovative market structure
that integrated auction market principles into an advanced
screen-based trading system, ISE launched the first fully electronic
US options exchange in May 2000. ISE continually enhances its trading
systems to provide investors with the best marketplace to execute
their options orders.
   For more information about ISE, its products and its technology,
visit www.iseoptions.com.