FOR IMMEDIATE RELEASE


CBOE and CFE Trading Schedule for Martin Luther King, Jr. Day



Chicago, January 5, 2007 - The Chicago Board Options Exchange (CBOE) today announced the following trading schedule in observance of Martin Luther King, Jr. Day:

Friday, January 12:
--CBOE Interest Rate products will close at 12:00 p.m. CST (Chicago Time).
-- Regular trading hours for all other CBOE equity and index products.
--Regular trading hours for all futures products at the CBOE Futures Exchange (CFE).

Monday, January 15:
--CBOE and CFE will be closed.

CBOE, the largest U.S. options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE website at: www.cboe.com.

Contacts:
Lynne Howard-Reed
(312) 786-7123
howardl@cboe.com

Gary Compton
(312) 786-7612
comptong@cboe.com

CBOE(R), Chicago Board Options Exchange(R), CBOEdirect(R), CBOE Volatility Index(R), and VIX(R) are registered trademarks of Chicago Board Options Exchange, Incorporated (CBOE). SPXsm and BXMsm are service marks of Chicago Board Options Exchange, Incorporated (CBOE). Gas At The Pump(R) is a registered trademark of CBOE Futures Exchange, LLC. DJIA and Dow Jones Industrial Average are trademarks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by CBOE. Standard & Poor's(R), S&P(R), and S&P 500(R) are registered trademarks of The McGraw-Hill Companies, Inc. and are licensed for use by CBOE and CFE pursuant to a License Agreement.The methodology of the CBOE S&P 500 BuyWrite Index is owned by CBOE and may be covered by one or more patents or pending patent applications.