Amex to Trade Options on Eagle Materials Inc. And Eagle Materials Inc., Class B

Amex to Trade Options on Eagle Materials Inc. And Eagle Materials Inc., Class B



NEW YORK, Feb. 18  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Thursday, February 19, 2004 on the New York Stock
Market listed stocks of Eagle Materials Inc. (Symbol: EXP) and Eagle Materials
Inc., Class B.  (Option Symbol: EBP/Stock Symbol: EXP.B)

Eagle Materials Inc. options will open with strike prices of 50 - 55 - 60 and
position limits of 13,500 contracts.  The options will trade on the January
expiration cycle with initial expirations in March, April, July and October. 
The specialist will be Kellogg Capital Group, LLC.  Eagle Materials Inc.
manufactures and distributes cement, gypsum wallboard, recycled paperboardand
concrete and aggregates.  The Company's products are used in the construction of
homes, commercial and industrial buildings and governmental buildings across the
United States.

Eagle Materials Inc., Class B options will open with strike prices of 50 - 55 -
60 and position limits of 13,500 contracts.  The options will trade on the
January expiration cycle with initial expirations in March, April, July and
October.  The specialist will be Kellogg Capital Group, LLC.

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 HOLDRSSM. 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: American Stock Exchange



CONTACT:  Lynn Teresky of American Stock Exchange, [phone],

 



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

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