, a leading investment
banking and securities trading and brokerage firm. The Amex is
also one of the largest options exchanges in the U.

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Slides used in the
presentation will also be available on the firm's website.

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If you would like to receive a copy of the prospectus for PDD, please
contact the Capital Markets Group at the American Stock Exchange at 212-306-
1659. In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993.

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He will discuss the company's recent results and corporate
strategy., it offers financing,
securities lending, clearing and technology solutions to hedge funds,
broker-dealers and investment advisors.
Priced at $10 with an initial offer size of $3.

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com

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Headquartered in New York
City, the company has approximately 11,000 employees worldwide.

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announced today that Samuel L. Molinaro Jr. Molinaro's presentation will be simultaneously broadcast on
the firm's web site at http://www., trading options on
broad-based and sector indexes as well as domestic and foreign stocks.

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Bear Stearns CFO to Present at the UBS Global Financial Conference in New York City

NEW YORK, The American Stock Exchange(R) (Amex(R))
today began trading Citigroup Global Markets 2% Principal-Protected Index
Linked Notes based on the Dow Jones Industrial Average .

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(EST). For
additional information about Bear Stearns, please visit the firm's
website at http: //www.2 million, this equity
trades under the ticker symbol PDD and has a maturation date of August 25,
2010.

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m. (NYSE:BSC) is the
parent company of Bear, Stearns + Co.5 billion in total capital , Bear Stearns serves governments,
corporations, institutions and individuals worldwide. The company 's
business includes corporate finance, mergers and acquisitions,
institutional equities and fixed income sales and trading, securities
research, private client services, derivatives, foreign exchange and
futures sales and trading, asset management and custody services.

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bearstearns.com. Inc.

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Mr.

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bearstearns. Leading
the industry in ETF listings, the Amex lists 145 ETFs to date.

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Through Bear, Stearns Securities Corp. The Amex specialist unit
is Kellogg Capital Group, LLC.S.

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, executive vice
president and chief financial officer is scheduled to speak at the UBS
Global Financial Services Conference on Tuesday, May 10, 2005, at 1:30
p. With approximately
$48.

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Founded in 1923, The Bear Stearns Companies Inc.

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Business Editors

NEW YORK----The Bear Stearns Companies
Inc .
The notes are issued by Citigroup Global Markets.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM).