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The American Stock Exchange filed and received SEC approval to amend Amex Rules 154 requiring Floor Official approval for a transaction in a stock at
a price of $20 or more a share when the trade is to be made at the greater of 1% or two dollars away from the last previous sale. A conforming amendment
to Rule 119, governing indications, openings and reopenings, has also been approved. These amendments are effective as of the approval date, June 7, 2005.
Attached are the applicable amendments to Rule 119 and Rule 154. Please consult the actual rule text before using these amendments.
If you have any questions about these rules please contact me, Jeffrey Jacobus at
212-306-1449 or David Fisch at 212-306-1450.
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