News Release

NYMEX to Expand Natural Gas Futures Contracts Through 2020

Mon Jan 14 2008

NEW YORK, Jan. 14 /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it will expand the listing of contract months for its natural gas, natural gas swap, and natural gas penultimate swap futures contracts up to 12 years, beginning on February 17 for trade date February 19.

Contracts on the NYMEX trading floor and NYMEX ClearPort® will be listed for the current year plus the next 12 years through December 2020. Contracts listed on the CME Globex® electronic trading platform will expand to the current year plus the next eight years, for a listing through December 2016. This expansion will also apply to natural gas calendar spreads and strips listed on CME Globex.

The contracts are currently listed for the current contract year plus five additional years.

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: New York Mercantile Exchange, Inc.

CONTACT: Anu Ahluwalia, +1-212-299-2439, or Keil Decker,
+1-212-299-2209, both of New York Mercantile Exchange, Inc.

Web site:

Corporate Communications

+1 312 930 3434