June 27, 2008

NOTICE

RE: APPROVED APPLICATIONS FOR OAT REGULARITY

The Exchange has approved the applications of Whitebox Commodities Holdings Corp. for declaration of oat regularity at the following locations:

                                                Maximum                     Storage

Facility                                    Certificates                 (in Bushels)

Minneapolis, MN                           265                         1,323,000     

(Calumet)

Shakopee, MN                             220                         1,120,000

Savage, MN                               1855                         9,276,000

 Whitebox Commodities Holdings Corp. has designated UBS Securities, L.L.C. as its clearing agent. The warehouse codes for the Calumet, Shakopee, and Savage facilities are 1053, 1541, and 1055 respectively.

Approval is effective immediately.