News Release

NYMEX to Change Margins for Platinum, Palladium Futures Contracts

Fri May 02 2008

NEW YORK, N.Y., May 2, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for its platinum and palladium futures contracts, effective at the close of business on May 5. 

Platinum futures margins will decrease to $6,000 from $7,000 for clearing members, to $6,600 from $7,700 for members, and to $8,100 from $9,450 for customers.

Margins for the Asian platinum futures contract will decrease to $1,929 from $2,251 for clearing members, to $2,122 from $2,476 for members, and to $2,605 from $3,039 for customers.

Palladium futures margins will decrease to $2,750 from $4,500 for clearing members, to $3,025 from $4,950 for members, and to $3,713 from $6,075 for customers.

Margins for the Asian palladium futures contract will decrease to $442 from $723 for clearing members, to $486 from $795 for members, and to $597 from $976 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: Anu Ahluwalia, 212-299-2439 or Keil Decker, 212-299-2209

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