American Stock Exchange to Trade Options on the iShares Dow Jones Select Dividend Index Fund

American Stock Exchange to Trade Options on the iShares Dow Jones
Select Dividend Index Fund 


NEW YORK, May 19  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Thursday, May 20, 2004 on the underlying shares of
the iShares Dow Jones Select Dividend Index Fund (DVY).

The iShares Dow Jones Select Dividend Index Fund will open with strike prices
of 45 - 50 - 55 - 60 and position limits of 3,150,000 shares.  The options will
trade on the March expiration cycle with initial expirations in June, July,
September and December.  The specialist will be CTC, Inc.

The iShares Dow Jones Select Dividend Index Fund seeks investment results that
correspond generally to the price and yield performance of the Dow Jones Select
Dividend 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: The American Stock Exchange



CONTACT:  Lynn Duffy of the American Stock Exchange, [phone],





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

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