The American Stock Exchange will launch trading in options on the Nasdaq National Market-listed stock of Oplink Communications, Inc. (Options Symbol: OKU / Stock Symbol: OPLK) on Thursday, January 11, 2001.

Oplink Communications, Inc. options will open with strike prices of 15 - 17-1/2 - 20 and position limits of 75,000 contracts. The options will trade on the January expiration cycle, with initial expirations in January, February, April and July. The specialist will be Cohen, Duffy, & McGowan LLC.

Oplink Communications, Inc. manufactures and markets fiber optic networking components and integrated optical modules that expand bandwidth, amplify optical signals, monitor and protect wavelength performance and redirect light signals within an optical network.