PHILADELPHIA — January 31, 2006 -The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading five new options beginning Wednesday, February 1.

Canadian Pacific Railway Limited (option/stock symbol: CP) will trade on the March expiration cycle with initial expiration months of February, March, June and September. Position and exercise limits have been set at 75,000 contracts. This option was allocated to Citigroup Derivatives Markets, Inc.

Carter’s, Inc. (option/stock symbol: CRI) will trade on the March expiration cycle with initial expiration months of February, March, June and September. Position and exercise limits have been set at 50,000 contracts. This option was allocated to McGowan Investors, L.P.

Cerus Corporation (QIJ/CERS)(option/stock symbol: QIJ) will trade on the February expiration cycle with initial expiration months of February, March, May and August. Position and exercise limits have been set at 50,000 contracts. This option was allocated to Group One Ltd.

GMX Resources, Inc. (GUH/GMXR)(option/stock symbol: GUH) will trade on the February expiration cycle with initial expiration months of February, March, May and August. Position and exercise limits have been set at 50,000 contracts. This option was allocated to Group One Ltd.

Saifun Semiconductors, Ltd. (FSQ/SFUN)(option/stock symbol: FSQ) will trade on the February expiration cycle with initial expiration months of February, March, May and August. Position and exercise limits have been set at 50,000 contracts. This option was allocated to Group One Ltd.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 2,000 stocks, 1,926 equity options, 21 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.

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