News Release

Exchange Announces Specifications for New European Swap Futures Contracts on NYMEX ClearPort®

Fri Feb 17 2006

NEW YORK, N.Y., February 17, 2006 — The New York Mercantile Exchange, Inc., today announced large trader reporting requirements, expiration position limits, and position accountability levels for the 25 new European swap futures contracts that begin trading on NYMEX ClearPort® on February 20 for the trade date of February 21.

The position accountability levels for the WTI leg of the WTI bullet swap, WTI–Brent (ICE) bullet swap, and WTI–Brent (ICE) calendar swap futures contracts will be aggregated with the light, sweet crude oil contract to 20,000 contracts for any one month or all months.

The position accountability levels for the Brent bullet swap futures contract will be 20,000 contracts for any one month or all months.

The European gasoil crack spread swap and European Argus gasoline crack spread swap contract, contracts position accountability levels are 7,000 contracts for any one month or all months.

The position accountability levels for the ICE Brent crude oil leg of the WTI–Brent (ICE) bullet swap, data to frontline Brent swap, WTI–Brent (ICE) calendar swap, Brent (ICE) calendar swap, Brent-Dubai swap, European Gasoil crack spread swap, European Argus gasoline crack spread swap, European Platts gasoline Mediterranean crack spread swap, European Naphtha crack spread swap, 3.5% fuel oil Rotterdam crack spread swap, and 1% fuel oil Northwest Europe crack spread swap futures contracts will be aggregated with the Brent bullet swap futures contract to 20,000 contracts for any single month or all months.

The position accountability levels for the dated Brent leg of the dated to frontline Brent swap futures contract will be aggregated with the dated Brent calendar swap futures contract to 5,000 contracts for any single month or all months.

The position accountability levels for the Dubai leg of the Brent-Dubai swap futures contract will be aggregated with the Dubai calendar swap (Platts) futures contract to 10,000 contracts for any single month or all months.

The position accountability levels for the European Platts gasoline leg of the European Platts gasoline Mediterranean crack spread swap futures contract will be aggregated with the European Mediterranean gasoline (Platts) swap futures contract to 1,500 contracts for any single month or all months. The position accountability levels for the European naphtha leg of the European naphtha crack spread swap futures contract will be aggregated with the European naphtha calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the European gasoil 0.2 CIF Mediterranean vs. gasoil futures swap, European gasoil 10 PPM Rotterdam barges vs. gasoil futures swap, European ULSD 50 PPM CIF Northwest Europe vs. gasoil futures swap, European ULSD 50 PPM CIF Mediterranean vs. gasoil futures swap, and the European ULSD 50 PPM FOB Mediterranean vs. gasoil futures swap futures ccontracts will be 5,000 contracts for any single month or all months.

The position accountability levels for the European gasoil 0.2 Rotterdam barges leg of the European gasoil 0.2 Rotterdam garges vs.Gasoil futures swap futures contract will be aggregated with the European Gasoil 0.2 Rotterdam calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the European gasoil 0.2 CIF Northwest Europe cargoes leg of the European gasoil 0.2 CIF Northwest Europe vs.gasoil futures swap futures contract will be aggregated with the European gasoil 0.2 Northwest Europe calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the European gasoil 0.2 FOB Mediterranean leg of the European gasoil 0.2 FOB Mediterranean vs. gasoil futures swap futures contract will be aggregated with the European gasoil 0.2 Mediterranean calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the jet CIF Northwest Europe leg of the jet CIF Northwest Europe vs. gasoil futures swap futures contract will be aggregated with the European jet kerosene Northwest Europe calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the jet Rotterdam barges leg of the jet Rotterdam barges vs. gasoil futures swap futures contract will be aggregated with the European jet kerosene Rotterdam calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the Singapore leg of the Singapore gasoil vs. Rotterdam gasoil swap futures contract will be aggregated with the Singapore gasoil swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the heating oil leg of the heating oil futures vs. Rotterdam gasoil swap futures contract will be aggregated with the NYMEX Division heating oil futures contract to 7,000 contracts for any single month or all months.

The position accountability levels for the 3.5% Northwest Europe fuel oil leg of the 3.5% fuel oil Rotterdam crack spread swap futures contract will be aggregated with the European 3.5% fuel oil Rotterdam calendar swap futures contract to 1,500 contracts for any single month or all months.

The position accountability levels for the 1% Fuel Oil Northwest Europe leg of the 1% fuel oil Northwest Europe crack spread swap futures contract will be aggregated with the European 1% fuel oil Northwest Europe calendar swap futures contract to 1,500 contracts for any single month or all months.

The expiration position limit for the Brent bullet swap futures contract will be 2,000 contracts.

The expiration position limit for the WTI legs of the WTI bullet swap, WTI-Brent (ICE) bullet swap, and WTI–Brent (ICE) calendar swap futures contracts will be aggregated with the NYMEX Division light, sweet crude oil futures contract to 2,000 contracts.

The expiration position limit for the European gasoil crack spread swap and European Argus gasoline crack spread swap futures contracts will be 1,000 contracts.

The expiration position limit for the ICE Brent crude leg of the dated to frontline Brent swap, WTI-Brent (ICE) bullet swap, WTI–Brent (ICE) calendar swap, Brent (ICE) calendar swap, Brent–Dubai swap, European gasoil crack spread swap, European Argus gasoline crack spread swap, European Platts gasoline Mediterranean crack spread swap, European naphtha crack spread swap, 3.5% fuel oil Rotterdam crack spread swap, and the 1% fuel oil Northwest Europe crack spread swap futures contracts will be aggregated with the Brent bullet swap futures contract to 2,000 contracts.

The expiration position limit for the dated Brent leg of the dated to frontline brent swap futures contract will be aggregated with the dated brent calendar swap futures contract will be 2,000 contracts.

The expiration position limit for the Dubai leg of the Brent-Dubai swap futures contract will be aggregated with the Dubai calendar swap (Platts) futures contract to 250 contracts.

The expiration position limit for the European Platts gasoline leg of the European Platts gasoline Mediterranean crack spread swap futures contract will be aggregated with the European Mediterranean gasoline (Platts) swap futures contract to 500 contracts.

The expiration position limit for the European naphtha leg of the European naphtha crack spread swap futures contract will be aggregated with the European naphtha calendar swap contract to 150 contracts.

The expiration position limit for the European gasoil 0.2 CIF Mediterranean vs. gasoil futures swap, European gasoil 10 PPM Rotterdam barges vs. gasoil futures swap, European ULSD 50 PPM CIF Northwest Europe vs.gasoil futures swap, European ULSD 50 PPM CIF Mediterranean vs. gasoil futures swap, European ULSD 50 PPM FOB Mediterranean vs. gasoil futures swap futures contracts will be 500 contacts.

The expiration position limit for the European gasoil 0.2 Rotterdam barges leg of the European gasoil 0.2 Rotterdam barges vs. gasoil futures swap futures contract will be aggregated with the European gasoil 0.2 Rotterdam calendar swap futures contract to 150 contracts.

The expiration position limit for the European gasoil 0.2 CIF Northwest Europe cargoes leg of the European gasoil 0.2 CIF Northwest Europe vs. gasoil futures swap futures contractwill be aggregated with the European gasoil 0.2 Northwest Europe calendar swap futures contract to 150 contracts.

The expiration position limit for the European gasoil 0.2 FOB Mediterranean leg of the European gasoil 0.2 FOB Mediterranean vs. gasoil futures swap futures contract will be aggregated with the European gasoil 0.2 Mediterranean calendar swap futures contract to 150 contracts.

The expiration position limit for the jet CIF Northwest Europe leg of the jet CIF Northwest Europe vs. gasoil futures swap futures contract will be aggregated with the European jet kerosene Northwest Europe calendar swap futures contract to 150 contracts.

The expiration position limit for the Jet Rotterdam barges leg of the jet Rotterdam barges vs. gasoil futures swap futures contract will be aggregated with the European jet kerosene Rotterdam calendar swap futures contract to 150 contracts.

The expiration position limit for the Singapore leg of the Singapore gasoil vs. Rotterdam gasoil swap futures contract will be aggregated with the Singapore gasoil swap futures contract to 500 contracts.

The expiration position limit for the heating oil leg of the NYMEX Division heating oil v. Rotterdam gasoil swap futures contracts will be aggregated with the NYMEX Division heating oil futures contract to 1,000 contracts.

The expiration position limit for the 3.5% Northwest Europe oil leg of the 3.5% fuel oil Rotterdam crack spread swap futures contract will be aggregated with the European 3.5% fuel oil Rotterdam calendar swap futures contract to 150 contracts.

The expiration position limit for the 1% fuel oil Northwest Europe leg of the 1% fuel oil Northwest Europe crack spread swap futures contract will be aggregated with the European 1% fuel oil Northwest Europe calendar swap futures contract to 150 contracts.

A 25–contract reporting level is in place for all of the above contracts.

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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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