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Eurex Requests OCC as Clearinghouse

CHICAGO, May 7, 2003 - The Options Clearing Corporation (OCC) confirmed that Eurex has asked OCC to serve as the clearinghouse for a proposed U.S. options market that Eurex is seeking to register with the SEC. OCC is the common clearing organization for all U.S. securities options exchanges. As such, it is required to clear for any SEC-registered options exchange.

About OCC

OCC, founded in 1973, is the largest clearing organization in the world for options and was the first clearing house to receive a 'AAA' credit rating from Standard & Poor's Corporation. Operating under the jurisdiction of the Securities and Exchange Commission and the Commodity Futures Trading Commission, OCC is jointly owned by the American Stock Exchange, Chicago Board Options Exchange, International Securities Exchange, Pacific Exchange and Philadelphia Stock Exchange. OCC is headquartered at One North Wacker Drive, Chicago, Ill. More information is available through its Web site at