American Stock Exchange to Trade Options on the iShares Dow Jones U.S. Real Estate Index Fund NEW YORK, May 18 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Wednesday, May 19, 2004 on the underlying shares of the iShares Dow Jones U.S. Real Estate Index Fund (Symbol: IYR). The iShares Dow Jones U.S. Real Estate Index Fund will open with strike prices of 80 through 100 in 1-point increments and position limits of 2,250,000 shares. The options will trade on the March expiration cycle with initial expirations in June, July, September and December. The specialist will be Wolverine Trading, L.P. The iShares(R) Dow Jones U.S. Real Estate Index Fund is an exchange-traded fund. The Fund's objective seeks investment results that correspond to the performance of the Dow Jones U.S. Real Estate Index. 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 to date. 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. DATASOURCE: American Stock Exchange CONTACT: Media - Lynn Duffy of the American Stock Exchange, +1-212-306-1654 or Web site: http://www.amex.com/

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