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AMEX TO OPEN OPTIONS TRADING ON ROYAL CARIBBEAN CRUISES

 NEW YORK, July 30 /PRNewswire/ -- The American Stock Exchange today announced that it will open put and call options trading on the listed stock of Royal Caribbean Cruises Ltd. (stock/option symbol: RCL) on Wednesday, Aug. 4, 1993.
 One of the largest cruise lines in the world, Royal Caribbean Cruises is a leading provider of cruises for North American passengers and a major operator of cruises in the Caribbean, the Bahamas and the Eastern Mexico region. Based in Miami, the company also operates cruise ships serving Bermuda, Alaska, the Greek Isles, the British Isles, the Panama Canal, Europe, the Mediterranean, South America and the Norwegian Fjords/North Cape. Royal Caribbean was the first cruise line to design ships specifically for warm water year-round cruising.
 RCL will open with strike prices of 20, 22 1/2 and 25, and position limits of 3,000 contracts. Initial expiration months will be August, September and December of 1993 and March of 1994. J. Streicher & Co. will be the specialist unit for the new options.
 The Amex trades a total of 337 stock options, including 92 options on over-the-counter stocks, as well as 43 LEAPS(tm) (Long-term Equity AnticiPation Securities). In addition, options are traded on six broad- market indexes--the Major Market Index (XMI), the XMI LEAPS(tm) Index (XLT), the S&P MidCap 400 Index (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR)--as well as six industry based indexes--the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(tm) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(tm) Index (BKL).
 -0- 7/30/93
 /CONTACT: Kathleen Fitzpatrick, Manager, Derivative Securities Communications, 212-306-1697, of American Stock Exchange/
 (RCL)


CO: Royal Caribbean Cruises Ltd. ST: Florida IN: LEI SU:

LG -- NY048 -- 7812 07/30/93 13:56 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
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