News Release

NYMEX Europe Names Chief Executive Officer

Thu Feb 09 2006

NEW YORK, N.Y. & London, U.K., February 9, 2006 — NYMEX Europe Limited (NEL) is pleased to announce the appointment of Andy Gooch as its chief executive officer. As planned, he will replace Samuel H. Gaer, NYMEX chief information officer, who served as interim chief executive officer of NEL, which successfully launched in September 2005.

Mr. Gooch has extensive experience in the global commodity markets. He headed both exchange traded and over–the–counter commodities for Calyon SA and is a former non–executive director of the International Petroleum Exchange and the London Metal Exchange.

Mr. Gaer will remain in New York to focus on his CIO responsibilities, including the continued development of NYMEX's flagship electronic system, the NYMEX ClearPort® clearing and trading platform. He will retain responsibility for all information technology issues worldwide.

Roy Leighton, chairman of NEL, said, "Andy has an in–depth knowledge of the cash and derivatives energy markets, as well as the customers and the firms trading in these markets, and he will be a valuable addition to our management in Europe. Electronic trading of the reduced–sized Brent crude oil miNY futures contract started this week at NEL, and Andy joins us at an important time when we have a range of new initiatives for the energy markets around the world."

Mr. Gaer said, "Launching NYMEX Europe was an exciting and fulfilling project. Andy's vast experience in the energy industry will equip him for all of the interesting challenges that lie ahead as we strive to expand the offerings of our London exchange. I am proud to welcome Andy as part of the NYMEX Europe team."

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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. NYMEX Europe Limited's establishment of an open outcry exchange in London is subject to it first obtaining an order from the Financial Services Authority declaring it a UK Recognised Investment Exchange.

Contact: Anu Ahluwalia, 212-299-2439

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