News Release

NYMEX and MX Announce Appointment of Robert Laird as Vice President of Natural Gas Business Line at CAREX

Thu Jul 19 2007

NEW YORK and MONTREAL, July 19 /PRNewswire-FirstCall/ -- NYMEX Holdings, Inc. (NYSE: NMX) and the Montreal Exchange (TSX: MXX) announced today that they have appointed Robert Laird as vice president of the natural gas business line of the Canadian Resources Exchange Inc. (CAREX).

Prior to joining CAREX, Mr. Laird served as a senior energy broker at Prebon Energy Canada, a leading global energy broker. He was responsible for building market maker natural gas trading accounts, working with hedge funds, top tier banks, as well as energy producers, marketers, and utilities.

Mr. Laird graduated from the University of Victoria in British Columbia with a bachelor of commerce degree.

CAREX, a partnership between the NYMEX and the Montreal Exchange Inc. (MX) with its principal place of business in Calgary, Alberta, will offer trading and clearing services of over the counter (OTC) and on-exchange futures and options contracts for physical and financial settlement relating to Canadian- based energy (including natural gas, crude oil and electricity), metals and soft commodities.

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.

SOURCE: NYMEX Holdings, Inc.

CONTACT: New York, Anu Ahluwalia, +1-212-299-2439, or Keil Decker, +1-
212-299-2209, or Montreal, Jean-Charles Robillard, +1-514-871 3551, all for
NYMEX Holdings, Inc.

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