As previously announced, the Board of Directors has approved amendments to Regulation m1544.01, which governs delivery of Gold by Warehouse Depository Receipts (WDRs) for CBOT mini-sized Gold futures.

Under the revised regulation, the exchange of a single WDR for a single Kilo Gold receipt will no longer be permissible.  Holders of WDRs may exchange their WDRs through the Registrar’s Office only in groups of three (3), either for one 100 ounce Gold receipt or 3 Kilo Gold receipts, as determined by the Exchange Registrar.

This regulation change will be effective October 3, 2005.

Copies of the revised regulation are available from the Secretary’s Office.

Questions in this regard may be directed to John Hill, O.I.A./Registrar’s Office, at (312) 435-3592.