American Stock Exchange Lists Common Stock of Allis-Chalmers Corporation

American Stock Exchange Lists Common Stock of Allis-Chalmers
Corporation 


NEW YORK, Sept. 13  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of Allis-Chalmers Corporation under the ticker
symbol ALY.

Allis-Chalmers Corporation provides equipment and trained personnel to the oil
and natural gas drilling industry, including specialized equipment and
operations to install casing and production tubing required to drill and
complete oil and gas wells, directional and horizontal drilling services for
specific targeted reservoirs that cannot be reached vertically, and air
drilling services.

"We are pleased to welcome Allis-Chalmers to the increasing number of companies
from the energy sector choosing to list on the American Stock Exchange," said
John McGonegal, senior vice president of the Amex Equities Group.  "The Amex
looks forward to working closely with them on building additional shareholder
value as well as increased investor attention."

"We are very excited about our listing on the Amex.  This is a significant step
forward for our company and our shareholders," said Munawar H. Hidayatallah,
Chairman of Allis-Chalmers. "We look forward to working with the Amex and
believe the listing will enable us to increase our visibility and become more
attractive to investors."

The specialist in Allis-Chalmers Corporation will be Weiskopf Silver & Co. For
further information on ALY and other Amex-listed companies, please visit
http://www.amex.com/.

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.  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: The American Stock Exchange



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

 



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

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