News Release

CME to Launch Wood Pulp Futures and Options

Tue Apr 17 2007

CHICAGO, April 17 /PRNewswire-FirstCall/ -- CME, the world's largest and most diverse derivatives exchange, announced today that Wood Pulp futures and options on futures will be listed exclusively on CME Globex®, the exchange's electronic trading platform, scheduled to begin trading in the third quarter of this year.

CME Wood Pulp derivatives will be the only cash-settled pulp futures and options contracts to be based on the PIX NBSKP Europe Index™ by FOEX Indexes Ltd. FOEX is a private Finland-based independent company that specializes in providing audited, trademarked registered pulp and paper price indexes.

"In response to customer demand, these new contracts will settle to the FOEX Index, which is the industry standard for the global forest products industry," said John Harangody, CME Director of Commodity Products. "The cash-settled over-the-counter wood pulp markets will now have a transparent, all-electronic marketplace for hedging and other trading opportunities without counterparty risk."

The CME Wood Pulp contracts are based on northern bleached softwood kraft pulp (NBSKP). The contract size is 20 (metric) tonnes with a tick size of $10 per contract ($0.50 per tonne). Trading hours will be from 5 p.m. Sunday Chicago time through 4:00 p.m. Friday with a daily one hour trading pause. The expiring contract closes at noon on the last trading day.

For more information on the CME Wood Pulp contract, please go to http://www.cme.com/pulp or for more information on FOEX, please go to http://www.foex.fi/.

CME (http://www.cme.com/) is the world's largest and most diverse derivatives exchange. As an international marketplace, CME brings together buyers and sellers on the CME Globex® electronic trading platform and on its trading floors. CME offers futures and options on futures in these product areas: interest rates, stock indexes, foreign exchange, agricultural commodities, energy, and alternative investment products such as weather, real estate and economic derivatives. CME is a wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME)(NASDAQ: CME), which is part of the Russell 1000® Index and the S&P 500® Index.

Statements in this news release that are not historical facts are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, which can be obtained at its Web site at http://www.sec.gov/. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Chicago Mercantile Exchange, CME, the globe logo, CME Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc. CLEARING 21 is a registered trademark of CME and New York Mercantile Exchange, Inc. S&P, S&P 500, NASDAQ-100, Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at http://www.cme.com/.

CME-G

SOURCE: CME

CONTACT: Media, Mary Haffenberg, +1-312-930-3435, or
Allan Schoenberg, +1-312-930-8189, news@cme.com, or Investors, John Peschier,
+1-312-930-8491, all of CME

Web site: http://www.cme.com/
http://www.foex.fi/

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