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The Options Clearing Corporation Honored At The Business Marketing Association Tower Awards On May 4, 2006

CHICAGO, May 22, 2006 - The Options Clearing Corporation (OCC) announced today that its 2004 annual report was honored at the Chicago Chapter of the Business Marketing Association (BMA) Tower Awards on May 4, 2006. OCC received the Bronze Award in the Annual Report category.

OCC's 2004 annual report featured the design theme of architecture and structure to depict OCC's key attributes – trust, security, service, growth and strength – underscoring its long-standing reputation in providing quality and timely clearing and settlement services.

"The annual report is an essential source of public information for an organization," said OCC President and Chief Operating Officer, Michael E. Cahill. "We are proud that OCC's annual report has been acknowledged for its creative merit by the BMA."

BMA has been the leading service organization for professionals in business-to-business marketing and communications for more than 80 years. The BMA Chicago Annual Tower Awards recognizes achievements in outstanding creative work in a wide range of categories including Advertising, Web Design, Literature, and more. A panel of nine experienced judges from outside the Chicago market evaluated the entries on the basis of clarity of objective, audience and media strategy employed, impact of creative concept and results. Judges awarded each category with a Gold, Silver and Bronze award. The 2006 event was sponsored by Getty Images.

The report was written and edited by OCC's Corporate Communications department; designed by O'Connor Design in Glen Ellyn, Ill.; and printed by Lake County Press in Waukegan, Ill.

The award-winning annual report can be viewed on OCC's Web site at https://www.theocc.com/components/docs/about/annual-reports/occ_2004_annual_report.pdf.

About OCC

OCC, founded in 1973, is the world's largest derivatives clearing organization and was the first clearinghouse 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 provides clearing and settlement services for the American Stock Exchange, the Boston Stock Exchange, Chicago Board Options Exchange, CBOE Futures Exchange, International Securities Exchange, OneChicago, NYSE Arca, Philadelphia Stock Exchange and Philadelphia Board of Trade. More information about OCC is available on its Web site at www.optionsclearing.com.