News Release

Exchange Announces Margins for New Gasoil Futures Contract

Wed Apr 06 2005
NEW YORK, N.Y., April 6, 2005 — The New York Mercantile Exchange, Inc., today announced margin rates for its new Northwest Europe gasoil futures contract.

Margins on the spot month of the gasoil futures contract will be $3,000 for clearing members, $3,300 for members, and $4,050 for customers. Margins on the second through sixth months will be $2,800 for clearing members, $3,080 for members, and $3,780 for customers. Margins on the seventh through 11th months will be $2,250 for clearing members, $2,475 for members, and $3,038 for customers. Margins on all other months will be $1,750 for clearing members, $1,925 for members, and $2,363 for customers.

Margins on inter-month spreads involving the spot month of the new gasoil futures contract will be $200 for clearing members, $220 for members, and $270 for customers. Margins on inter-month spreads involving the second through 11th months will be $125 for clearing members, $138 for members, and $169 for customers. Margins on inter-month spreads involving all other months will be $75 for clearing members, $83 for members, and $101 for customers.



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Forward Looking and Cautionary Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward-looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward-looking statements. In particular, the forward-looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward-looking statements.

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