News Release

NYMEX Names New Director of Singapore Office

Wed Oct 03 2007

NEW YORK, Oct. 3 /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc. today announced that it has named George Ng as the director of Asia marketing, based in its Singapore office.

Prior to joining NYMEX, Mr. Ng served as assistant vice president of market and membership development for the Joint Asian Derivatives Exchange (JADE), where he was responsible for promoting commodity derivatives trading and overseeing their promotions and education functions.

Mr. Ng also worked for the Singapore Commodity Exchange and Informatics Computer School in Singapore. He earned a bachelor's degree in business administration from the Wichita State University.

NYMEX President and Chief Executive Officer James E. Newsome said, "Having a NYMEX presence in Singapore will help us continue our development in the Asian marketplace and serve our Asian clients more effectively. We are pleased to have George onboard to assist us in this region of rapid and staggering growth."

The NYMEX office is located on Level 31, 6 Battery Rd, Singapore and can be reached by telephone at 65-6322-8596.

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.

SOURCE: NYMEX

CONTACT: Anu Ahluwalia, +1-212-299-2439, or Keil Decker,
+1-212-299-2209, both of NYMEX

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