Amex to trade options on PPG Industries, Inc.

The American Stock Exchange® (Amex®) will launch trading in options on Thursday, May 23, 2002 on the New York Stock Exchange listed stock of PPG Industries, Inc.

PPG Industries, Inc. options will open with position limits of 75,000 contracts. The options will trade on the February expiration cycle. The specialist will be Cohen, Duffy & McGowan, LLC.

PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing and other industries worldwide.

The American Stock Exchange® (Amex®), a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, exchange traded funds (ETFs), including structured products and HOLDRS(SM) and options. In addition to its role as a national equities market, the Amex is the leader in ETF listings, listing 117 ETFs to date, and is the second largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.

600450 Amex to trade options on PPG Industries, Inc.

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