Description of Index: The Russell 2000 Index is a capitalization-weighted index of domestic equities traded on the Amex, NYSE and NASDAQ. The index represents the bottom 2,000 companies from a universe of the 3,000 largest stocks in the U.S. The index is considered to be a benchmark of the U.S. small- capitalization market. Shares are adjusted for cross ownership. The component securities are adjusted twice per year to reflect changes in rankings and shares outstanding.

Expiration Months: Three near-term months followed by three additional months from the March quarterly cycle.

Exercise Style: European. Russell 2000 index generally may be exercised only on the last business day prior to the expiration date.

Settlement Exercise: The exercise-settlement value, RLS, is determined on the last day prior to expiration and is based on the first (opening) reported sale price for each component.

Position Limits: The aggregate (RUT and RUT LEAPS) position limit is 50,000 on the same side of the market with no more than 30,000 in the near- term month. I 0 RUT LEAPS are equivalent to I RUT option contract.

Trading System: Market Maker.