News Release

NYMEX to Launch New Petroleum Product Swap Futures Contracts on Clearport®

Mon Jul 02 2007

New York, N.Y., July 2, 2007 --  The New York Mercantile Exchange, Inc. today announced that it will introduce 21 new petroleum product swap futures contacts on NYMEX ClearPort, beginning on July 8 for trade date July 9.

The new futures contracts and their commodity codes are: Gulf Coast gasoline (Argus) calendar swap (AW); Gulf Coast ULSD (Argus) calendar swap (AJ); Gulf Coast jet (Argus) calendar swap (AF); Los Angeles CARB diesel (OPIS) outright swap (LX); Los Angeles jet (OPIS) outright swap (LL); Mt. Belvieu propane (OPIS) swap (PT); RBOB (Platts) calendar swap (RY); European gasoil bullet swap (BG); European propane CIF ARA (Argus) swap (PS); Japan C&F naphtha (Platts) swap (JA); gasoline up-down (Argus) swap (UZ); ULSD up-down (Argus) swap (US); jet up-down (Argus) swap (JU); RBOB (Platts) vs. NYMEX RBOB spread swap (RI); NY ULSD (Platts) vs. NYMEX heating oil spread swap (UY); Los Angeles CARBOB (OPIS) spread swap (JL); Los Angeles jet (OPIS) spread swap (JS); Los Angeles CARBOB (OPIS) spread swap (KL); Gulf Coast ULSD crack spread (Argus) swap (CF); Gulf Coast gasoline crack spread (Argus) swap (CK); and Japan C&F naphtha crack spread (Platts) swap (JB).

 The first listed month will be the July 2007 contract month.  

 The minimum price fluctuation will be $0.0001 per gallon for contracts that are 42,000 gallons in size, including the Gulf Coast gasoline (Argus) calendar swap; Gulf Coast ULSD (Argus) calendar swap; Gulf Coast jet (Argus) calendar swap; Los Angeles CARB diesel (OPIS) outright swap; Los Angeles jet (OPIS) outright swap; Mt. Belvieu propane (OPIS) swap; RBOB (Platts) calendar swap; gasoline up-down (Argus) swap; ULSD up-down (Argus) swap; jet up-down (Argus) swap; RBOB (Platts) vs. NYMEX RBOB spread swap; NY ULSD (Platts) vs. NYMEX heating oil spread swap; Los Angeles CARBOB (OPIS) spread swap; Los Angeles jet (OPIS) spread swap; and Los Angeles CARBOB (OPIS) spread swap futures contracts. 

The minimum price fluctuation will be $0.01 per barrel for contracts that are 1,000 barrels in size, including the Gulf Coast ULSD crack spread (Argus) swap; Gulf Coast gasoline crack spread (Argus) swap; and Japan C&F naphtha crack spread (Platts) swap futures contracts.  The minimum price fluctuation will be $0.01 per metric ton for contracts that are 1,000 metric tons in size, including the European gasoil bullet swap; European propane CIF ARA (Argus) swap; Japan C&F naphtha (Platts) swap futures contracts

Information about fees is available on the NYMEX website at www.nymex.com.

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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.

SOURCE: NYMEX Holdings, Inc.

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

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