American Stock Exchange to Trade Options on Five Securities

American Stock Exchange to Trade Options on Five Securities 


NEW YORK, May 3  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Wednesday, May 4, 2005 on the following New York
Stock Exchange listed stocks of:

   *  Canadian Pacific Railway Limited (Symbol: CP)
   *  Noranda Inc. (Symbol: NRD)
   *  NS Group, Inc. (Symbol: NSS)
   *  Oil States International, Inc. (Symbol: OIS)
   *  Whiting Petroleum Corporation (Symbol: WLL)



Canadian Pacific Railway Limited options will open with strike prices of 30 -
35 - 40 and position limits of 5,000,000 shares.  The options will trade on
March expiration cycle with initial expirations in May, June, September and
December. The specialist will be Susquehanna Investment Group. Canadian Pacific
Railway Limited is a Class 1 transcontinental railway, providing freight and
intermodal services over a network in Canada and the United States.

Noranda Inc. Inc options will open with strike prices of 15 - 17-1/2 - 20 and
position limits of 5,000,000 shares.  The options will trade on March
expiration cycle with initial expirations in May, June, September and December.
The specialist will be TANSTAAFL Research & Trading. Noranda Inc. is an
international mining and metals company with various mining and metallurgical
operations and projects under development in several countries.

NS Group, Inc. options will open with strike prices of 20 - 25 - 30 and
position limits of 7,500,000 shares.  The options will trade on March
expiration cycle with initial expirations in May, June, September and December.
The specialist will be Jane Street Specialist, LLC. NS Group, Inc. manufactures
specialty steel products for the energy industry.  The Company manufactures
seamless and welded tubular steel products that are used in the drilling,
exploration and transmission of oil, natural gas and other fluids.

Oil States International, Inc. options will open with strike prices of 17-1/2 -
20 - 22-1/2 and position limits of 5,000,000 shares.  The options will trade on
March expiration cycle with initial expirations in May, June, September and
December. The specialist will be LaBranche Structured Products, LLC.  Oil
States International, Inc. provides specialty products and services to oil and
gas drilling and production companies.  The Company supplies connection
technology for offshore oil and gas development and production, distributes
tubular goods and furnishes hydraulic workover and well control services.

Whiting Petroleum Corporation options will open with strike prices of 25 - 30 -
35 and position limits of 7,500,000 shares.  The options will trade on March
expiration cycle with initial expirations in May, June, September and December.
The specialist will be AGS Specialist, LLC.  Whiting Petroleum Corporation is
involved in oil and natural gas exploration, acquisition and exploration
activities.

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 155 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:  Mary Chung of American Stock Exchange, [phone],





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

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