News Release

Exchange Sets Record for Copper Futures Open Interest

Thu Apr 14 2005
NEW YORK, N.Y., April 14, 2005 — The New York Mercantile Exchange, Inc., copper futures contract, for the fourth consecutive day, set an open interest record of 132,104 contracts, surpassing the previous record of 131,327 contracts set on April 11.

Exchange President James E. Newsome said, "The recent streak of copper records demonstrates the increased participation of traders seeking greater ability to manage their price risk through the liquidity and transparency offered by the Exchange's COMEX Division contracts."

# # #

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.

Corporate Communications

+1 312 930 3434
Email