Notice N59/99

LONDON STOCK EXCHANGE
24 September 1999


For the attention of the
chairman/senior partner/compliance officer,
all member firms                                                   N59/99

STOCK EXCHANGE NOTICE

TRADITIONAL OPTIONS MARKET
OPTIONS CALENDAR 2000/2001


1.  The Exchange has set out the attached dealing periods and final expiry
days applicable to traditional options for 2000/2001.

2.  The Public and Bank Holidays affecting the Options Calendar for 2000 are
as follows:-
       
       2000          New Year (in lieu)       Monday 3 January
                     Easter                   Friday 21 April
                                              Monday 24 April
                     May                      Monday 1 May
                     Spring                   Monday 29 May
                     Summer                   Monday 28 August
                     Christmas                Monday 25 December
                                              Tuesday 26 December             
       2001          New Year                 Monday 1 January       
                     
3.  It should be noted that some holidays in the Republic of Ireland, Northern
Ireland and Scotland fall on days other than those shown.

A E Scott-Bishop
Head of Regulatory Development

Any comments or queries on this Notice should be addressed to the Market
Regulation department telephone [phone] (STX 33291). 


                                  Attachment to Stock Exchange Notice N59/99

Traditional Options Market

Calendar of Dealing Periods for 2000/2001


             Date       Date       Final
Number       From       To       Expiry Date

01       17 Jan        28 Jan      13 Apr
02       31 Jan       11 Feb       27 Apr
03       14 Feb       25 Feb       11 May
04       28 Feb       10 Mar       25 May
05       13 Mar       24 Mar        8 Jun
06       27 Mar        7 Apr       22 Jun
07       10 Apr     20 Apr(Thursday)6 Jul
08       25 Apr *      5 May       20 Jul
09       8 May        19 May        3 Aug
10       22 May        2 Jun       17 Aug
11        5 Jun       16 Jun       31 Aug
12       19 Jun       30 Jun       14 Sep
13        3 Jul       14 Jul       28 Sep
14       17 Jul       28 Jul       12 Oct
15       31 Jul       11 Aug       26 Oct
16       14 Aug       25 Aug        9 Nov
17       29 Aug *      8 Sep       23 Nov
18       11 Sep       22 Sep        7 Dec
19       25 Sep        6 Oct       21 Dec
20        9 Oct       20 Oct        4 Jan
21       23 Oct        3 Nov       18 Jan
22        6 Nov       17 Nov        1 Feb
23       20 Nov        1 Dec       15 Feb
24       4 Dec        15 Dec        1 Mar
25       18 Dec **     5 Jan       15 Mar

*       Tuesday
**       Three Week Option Period