Effective October 20, 2008, Random Length Lumber futures and options will now trade virtually 24 hours a day on CME Globex – Sunday 5:00 p.m. CT through Friday 4:00 p.m. CT with daily halts from 4:00 p.m. – 5:00 p.m. CT.

Random Length Lumber futures provide a way to:

• Engage in price discovery for lumber used for construction and rehabbing
• Effectively manage the price risk that mills, wholesalers, builders, retailers and others have related to the purchase or sale of lumber
• Trade to hedge or speculate based on expectations of directional price, spread movement or volatility in lumber

Random Length Lumber futures and options will now trade electronically virtually 24 hours a day on CME Globex. Benefits of trading on CME Globex include:

• Virtually around-the-clock access to customers around the world
• A level playing field for participants
• Millisecond response time
• Price transparency
• Efficient and anonymous trading

Things to Know:

• Random Length Lumber futures are a physical delivery 110,000 board feet contract of random lengths 8-foot to 20-foot nominal 2-inch x 4-inch pieces
• Contracts trade during regular trading hours on the CME Group trading floor and virtually 24 hours a day on CME Globex - Sunday 5:00 p.m. Chicago time through Friday 4:00 p.m. Chicago time with daily halts from 4:00 p.m. - 5:00 p.m.