News Release

NYMEX to Change Margins for Heating Oil, Related Futures Contracts

Mon Mar 31 2008
NEW YORK, N.Y., March 31, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for the heating oil, New York Harbor heating oil calendar swap, heating oil financial, and NYMEX miNYTM heating oil futures contracts, beginning at the close of business tomorrow. 
 
Margins for the first and second months of the heating oil, New York Harbor heating oil calendar swap, and heating oil financial futures contracts will remain unchanged. Margins for the third through 11th months will increase to $6,250 from $5,500 for clearing members, to $6,875 from $6,050 for members, and to $8,438 from $7,425 for customers. The margins for all other months will increase to $5,750 from $4,750 for clearing members, to $6,325 from $5,225 for members, and to $7,763 from $6,413 for customers. 
 
The margins for the first and second months of the NYMEX miNY heating oil futures contract will remain the same. The margins for the third through 11th months will increase to $3,125 from $2,750 for clearing members, to $3,438 from $3,025 for members, and to $4,219 from $3,713 for customers.  Margins for all other months will increase to $2,875 from $2,375 for clearing members, to $3,163 from $2,613 for members, and to $3,881 from $3,206 for customers. 
 
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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: Brenda Guzman, 212-299-2435 or Keil Decker, 212-299-2209

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