PHILADELPHIA — January 30, 2006 -The Philadelphia Stock Exchange (PHLX) announced today that it will begin trading three new options beginning Tuesday, January 31. The options were allocated to Citadel Derivatives Trading Group, LLC.

Bema Gold Corporation (option/stock symbol: BGO) 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 250,000 contracts.

Covanta Holding Corporation (option/stock symbol: CVA) 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.

WebMD Health Corporation (QWB/WBMD)(option/stock symbol: QWB) 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.

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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