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OCC's Hender Appointed to FS-ISAC Board

CHICAGO, September 27, 2004 - The Options Clearing Corporation (OCC) announced that George S. Hender, OCC's Management Vice Chairman, was recently appointed to the board of the Financial Services Information Sharing and Analysis Center, Inc. (FS-ISAC).

FS-ISAC is a collaborative effort to create and improve processes for detecting and providing information on physical or cyber security risks. The organization consists of nearly 800 firms in the financial services industry, and works closely with the U.S. Department of Treasury, The Office of the Controller of the Currency, the Department of Homeland Security, the United States Secret Service and the Financial Services Sector Coordinating Council, which represents financial services industry associations. More information is available at

"We're honored that George is joining our board, and we look forward to the insight he will provide," said Suzane Gorman, Chairperson, FS-ISAC.

"We congratulate George on his appointment, and know that his talents and professionalism will benefit FS-ISAC," said Wayne Abernathy, Treasury Assistant Secretary. "This is yet another example of the private sector lending their considerable talents to ensuring the resilience of the financial sector. We appreciate OCC's commitment to FS-ISAC for supporting George to serve on the board."

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. In 2003, OCC's average daily options volume was 3.6 million contracts and average daily premium settlements were $1.1 billion. Operating under the jurisdiction of the Securities and Exchange Commission and the Commodity Futures Trading Commission, OCC provides clearing and settlement services for the American Stock Exchange, the Boston Options Exchange, Chicago Board Options Exchange, CBOE Futures Exchange, International Securities Exchange, One Chicago, NQLX, Pacific Exchange, Philadelphia Stock Exchange and Philadelphia Board of Trade. More information about OCC is available through its Web site at