POP Pope & Talbot

Pacific Exchange to Trade Five New Options SAN FRANCISCO, May 26 /PRNewswire/ -- The Pacific Exchange (PCX) announced that on Thursday, May 27, 2004, it will begin trading options on Artisan Components, Inc. (NASDAQ:ARTI)(PCX:ARTI); Incyte Corp. (NASDAQ:INCY)(PCX:INCY); Novartis AG (NYSE:NVS)(PCX:NVS); Pope & Talbot, Inc. (NYSE:POP)(PCX:POP); and Sysco Corp. (NYSE:SYY)(PCX:SYY). Artisan Components options will trade on the March expiration cycle with exercise limits set at 3,150,000 shares. Incyte options will trade on the March expiration cycle with exercise limits set at 6,000,000 shares. Novartis options will trade on the January expiration cycle with exercise limits set at 7,500,000 shares. Pope & Talbot options will trade on the January expiration cycle with exercise limits set at 1,350,000 shares. Sysco options will trade on the February expiration cycle with exercise limits set at 7,500,000 shares. All five issues will be traded by lead market maker Matthew M. Zahner of D.A. Davidson & Co. DATASOURCE: Pacific Exchange CONTACT: Dale A. Carlson of Pacific Exchange, +1-415-393-4198, or Web site: http://www.pacificex.com/

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