NEW YORK, Aug. 13 /PRNewswire/ -- The American Stock Exchange® (Amex®) will launch trading in options on Wednesday, August 14, 2002 on the Nasdaq Stock Market listed stock of Landstar System, Inc. (Option Symbol: QRY/Stock Symbol: LSTR)

Landstar System, Inc. will open with strike prices of 50 - 55 - 60 and position limits of 13,500 contracts.  The options will trade on the January expiration cycle with initial expirations in September, October, January and April.  The specialist will be Bowery Specialist Group, LLC.

Landstar System, Inc. is a North American truckload carrier.  The Company transports a variety of freight, including iron and steel, automotive products, paper, lumber, chemicals, foodstuffs and military hardware.

The American Stock Exchange® (Amex®) 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 121 ETFs to date.  The Amex is also the second largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.  For more information, please visit http://www.amex.com

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SOURCE  The American Stock Exchange

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/CONTACT:  Lynn Teresky of American Stock Exchange, +1-212-306-1654, lynn.teresky@amex.com/

/Web site:  http://www.amex.com/

(LSTR)

CO:  American Stock Exchange
ST:  New York
IN:  FIN TRN
SU:

AG
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2008 08/13/2002 14:46 EDT http://www.prnewswire.com