News Release

NYMEX to Launch Two Ethanol Swap Futures Contracts on NYMEX Clearport®

Mon Jul 02 2007

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

The new contracts are the Chicago ethanol (Platts) swap (CU) and New York ethanol (Platts) swap (EZ) futures.  The first listed month will be the July 2007 contract month, and they will be listed for 36 consecutive months.  

 The contracts will be 42,000 gallons in size with a minimum price fluctuation of $0.0001 per gallon. 

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: New York, Anu Ahluwalia, 212-299-2439, or Keil Decker,
212-299-2209, both of NYMEX Holdings, Inc.


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