News Release

NYMEX Reports Record Third Quarter Net Revenues, Net Income and Volume

Tue Nov 07 2006

New York, N.Y., November 7, 2006 — NYMEX Holdings, Inc. today reported record net revenues, net income, and volume for the third quarter of 2006.

For the three months ended September 30, 2006, net revenues were $142.4 million, an increase of 45.5% compared to $97.9 million in the comparable prior year period. Net income increased 81.7% to $40.7 million as compared to $22.4 million in the comparable prior year period. The three months ended September 30, 2006 included one-time, pre-tax charges of approximately $6.0 million resulting from the closure of NYMEX's London premises that housed its trading floor and from a reduction in its employee headcount under a “reduction in force” initiative. Daily average contracts traded rose to 1,323,527 in the third quarter of 2006, a 41.6% increase over the 934,472 daily average contracts traded during the same period in 2005.

For the first nine months of 2006, net revenues were $381.5 million, an increase of 50.7% compared to $253.1 million in the comparable prior year period. Net income increased 122.8% to $112.5 million as compared to $50.5 million for the first nine months of 2005. The nine months ended September 30, 2006 included one-time, pre-tax charges of approximately $11.0 million. These charges include those incurred during the current quarter as noted above, as well as charges relating to (i) a lease buy-out during the first quarter of 2006 and (ii) the shut-down of NYMEX's London trading floor during the second quarter of 2006. Daily average contracts traded rose to 1,179,019 for the first nine months in 2006, a 38.8% increase over the 849,229 daily average contracts traded for the same period in 2005.

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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.

Contact: Anu Ahluwalia, 212-299-2439

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