The American Stock Exchange began trading in options on the New York Stock-listed stock of The Quaker Oats Company (Symbol: OAT) on Monday, December 11, 2000.

The Quaker Oats Company options will open with position limits of 60,000 contracts. The options will trade on the January cycle. The specialist will be Cranmer & Cranmer, Inc. The Quaker Oats Company manufactures food and sports beverages.

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The American Stock Exchange®, a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, Index Shares(SM), including structured products, and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS®, iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking Stock(SM), Select Sector SPDRs®, and SPDRs®) and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit http://www.amex.com.

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