American Stock Exchange to Trade Options on RARE Hospitality International, Inc. NEW YORK, May 7 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, May 10, 2004 on the Nasdaq Stock Market listed stock of RARE Hospitality International, Inc. (Option Symbol: QUY/ Nasdaq: RARE). RARE Hospitality International, Inc. options will open with strike prices of 22-1/2 - 25 - 30 and position limits of 2,250,000 shares. The options will trade on the March expiration cycle with initial expirations in May, June, September and December. The specialist will be Fogel Group, LLC. RARE Hospitality International, Inc. owns, operates and franchises restaurants under the names LongHorn Steakhouse, Bugaboo Creek Steak House and The Capital Grille. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. DATASOURCE: The American Stock Exchange CONTACT: Lynn Duffy of American Stock Exchange, or +1-212-306-1654, or Web site: http://www.amex.com/

Copyright