EFTA Document EFTA01353523

MARCH 2011 SUPPLEMENT The February 1994 version of the booklet entitled Characteristics and Risks of Standardized Options (the "Booklet") is amended as provided below to accommodate (i) options on any index intended to measure the implied volatility of a single reference security; and (ii) options on relative performance indexes. 1. The first full paragraph on page 2 of the Booklet as amended by the May 2007. December 2009 and May 2010 Supplements, is replaced by the following: Each