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PHLX TO BEGIN TRADING OPTIONS AND LEAPS(R) ON MARRIOTT INTERNATIONAL (MAR)

 PHILADELPHIA, Oct. 8 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today it will begin trading both put and call options and LEAPS(R) on Marriott International, Inc. (MAR) upon the opening of business Tuesday, Oct. 12.
 Marriott International is the spin-off product of Marriott Corporation (MHS) which has undergone a name change.
 Options on the renamed company, Host Marriott Corporation (HMT), will continue to trade on the PHLX. Put and call options on Host Marriott Corporation will also begin trading Tuesday, Oct. 12.
 The following table lists the stock, ticker symbol, position limits and specialist unit for each issue:
 POSITION
 STOCK SYMBOL LIMITS SPECIALIST
 Marriott International MAR 5500 Spear, Leeds & Kellogg
 Marriott Int. (1995 LEAPS) VRR 5500 Spear, Leeds & Kellogg
 Marriott Int. (1996 LEAPS) LRR 5500 Spear, Leeds & Kellogg
 Host Marriott Corporation HMT 5500 Spear, Leeds & Kellogg
 The above options will all trade on the January expiration cycle and will be guaranteed an automatic execution (AUTO-X) of up to 20 contracts.
 The PHLX is the nation's oldest securities exchange and is a market leader in trading more than 2,200 stocks, and more than 250 equity, index and currency options.
 /delval/
 -0- 10/8/93
 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200/


CO: Philadelphia Stock Exchange; Marriott International, Inc.;
 Host Marriott Corporation ST: Pennsylvania, Maryland IN: FIN SU:


MK-LJ -- PH017 -- 0129 10/08/93 12:03 EDT
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Publication:PR Newswire
Date:Oct 8, 1993
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