The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

CBOE to List Options on Dollar Thrifty Automotive Group, Inc. (DTG) on Tuesday, February 3

27 January 1998

CBOE to List Options on Dollar Thrifty Automotive Group, Inc. (DTG) on Tuesday, February 3

    CHICAGO, Jan. 27 --  The Chicago Board Options Exchange
(CBOE) today announced it will begin trading options on Dollar Thrifty
Automotive Group, Inc. (NYSE: DTG; CBOE) on Tuesday, February 3.
    Dollar Thrifty Automotive Group, Inc., located in Tulsa, OK, owns two
vehicle rental companies, Dollar and Thrifty, which operate separate vehicle
rental businesses in the United States and Canada.  In addition, the company
licenses independent franchises to rent vehicles under their brands.
    DTG options will trade on the January expiration cycle, with introductory
expirations in February, March, April and July.  Initial strike prices have
been set at 17-1/2, 20 and 22-1/2.  (Note:  strike prices are subject to
change based on the price of the underlying security.)  Dollar Thrifty
Automotive Group, Inc. options will trade in the Chrysler Corporation trading
crowd.
    CBOE, regulated by the Securities and Exchange Commission (SEC), is the
pioneer of listed options and the world's largest options marketplace.

SOURCE  Chicago Board Options Exchange