News Release

NYMEX Europe to Offer Additional Russian Crude Oil Seminar

Thu Feb 16 2006

NEW YORK, N.Y. & London, U.K., February 16, 2006 — NYMEX Europe Limited (NEL) announced today that it will host another conference on Russian export blend crude oil (REBCO) in Moscow in April, following the success of the REBCO conference held in London last week.

Kirill Androsov, Russian Deputy Minister of Economic Development and Trade, served as the keynote speaker at the February 10th event. Other speakers included representatives from the Financial Services Authority, BNP Paribas, British Petroleum, Koch Supply & Trading, Deloitte & Touche LLP, and Charles River.

In November 2005, NYMEX Holdings and Expertica announced a joint venture to launch REBCO futures later this year.

NEL Chairman Roy Leighton said, "Reaction from the marketplace suggests that a benchmark REBCO futures contract will bring much needed transparency to the pricing of Russian oil exports. The proposed contract will enjoy the distinction of being traded through NYMEX Europe in London and being fully regulated by the FSA. The NYMEX clearing system will offer market participants market integrity and security in their futures transactions."

# # #

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

Corporate Communications

+1 312 930 3434