RE: SBC Communications Inc. (“SBC/SBC1C”)
Special Cash Distribution
Ex-Distribution Date: October 8, 2003
SBC Communications Inc. (“SBC/SBC1C”) has announced a special cash distribution of $0.10
per SBC Common Share. The record date is October 10, 2003, with a payable date of
November 3, 2003. The New York Stock Exchange (“NYSE”) has set Wednesday, October 8,
2003, as the SBC ex-distribution date for this distribution.
Contract Adjustment
Pursuant to The Options Clearing Corporation rules, on October 8, 2003, the OCC and the
Chicago Mercantile Exchange Clearing Division will adjust the “start-of-day price” for the
adjusted contracts by reducing the October 7 settlement price by the special cash distribution
amount (i.e. $0.10). The variation margin will be calculated using October 8 start-of-day
prices and October 8 end-of-day settlement prices.
None of the symbols for OneChicago SBC contract months will change. The contract unit of
each adjusted SBC Communications, Inc. futures contract will remain at 100 shares. The
contract multiplier will remain at 100, i.e., 1.00 will equal $100.
Questions regarding this memo can be addressed to The Options Clearing Corporation at 800-
621-6072. This and all other OneChicago corporate event circulars can be accessed from the
OneChicago Web site at www.OneChicago.comPDF