June 17th, 2008 - The International Securities Exchange (ISE) has announced that the ISE Stock Exchange will introduce new maker/taker pricing for Tape B securities designed to maximize trading efficiency for this ETF-dominated tape. Effective July 1, 2008, liquidity takers will be charged $0.0015 per share on Tape B, down from $0.0030, and liquidity providers will receive a rebate of $0.0017 per share.

ISE Stock Exchange Announces Pricing Changes for Tape B

Andrew Brenner, head of the ISE Stock Exchange: "ISE Stock Exchange will now offer the lowest taker fee for Tape B of any exchange"

Andrew Brenner, head of the ISE Stock Exchange, said, "ISE Stock Exchange will now offer the lowest taker fee for Tape B of any exchange, encouraging market participants to check ISE first for liquidity in these fast-moving names. Customizing the pricing structure specifically for Tape B will provide our members with a cost-effective trading venue for some of the most widely-traded ETFs. At the same time, each trade will have the potential to benefit from price improvement through MidPoint Match."

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