News Release

NYMEX to Change Margins for Natural Gas, Related Futures Contracts

Tue May 27 2008

NEW YORK, NY, May 27, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for its natural gas; Henry Hub swap, swing swap and penultimate swap; natural gas penultimate and last day financial; and NYMEX miNYTM natural gas futures contracts, effective at the close of business tomorrow. 

Margins for the first and second months of the natural gas, natural gas penultimate financial, and natural gas last day financial futures contracts will increase to $7,500 from $7,250 for clearing members, to $8,250 from $7,975 for members, and to $10,125 from $9,788 for customers. The margins for the third and fourth months will increase to $8,000 from $7,500 for clearing members, to $8,800 from $8,250 for members, and to $10,800 from $10,125 for customers. Margins for the fifth to ninth months will increase to $8,500 from $7,750 for clearing members, to $9,350 from $8,525 for members, and to $11,475 from $10,463 for customers.  Margins for all other months remain unchanged.

The margins for the first and second months of the NYMEX miNY natural gas and Henry Hub swap and penultimate swap futures contracts will increase to $1,875 from $1,813 for clearing members, to $2,063 from $1,994 for members, and to $2,531 from $2,447 for customers. The margins for the third and fourth months will increase to $2,000 from $1,875for clearing members, to $2,200 from $2,063 for members, and to $2,700 from $2,531 for customers. Margins for the fifth to ninth months will increase to $2,125 from $1,938 for clearing members, to $2,338 from $2,131 for members, and to $2,869 from $2,616 for customers. Margins for all other months will remain unchanged.

The margins for the Henry Hub swing swap futures contracts will increase to $1,875 from $1,813 for clearing members, to $2,063 from $1,994 for members, and to $2,531 from $2,447 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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