NEW YORK, May 30, 2002 � The New York Mercantile Exchange, Inc., and Chicago Mercantile Exchange Inc. (CME) today announced that e-miNY crude oil and natural gas contracts will begin trading on CME�s GLOBEX� electronic trading platform on June 17.

The trading sessions for the new contracts will begin at 7 PM, New York time, on Sundays, and 3:15 PM, New York time, Mondays through Thursdays, with one-hour breaks from 11 PM through 12 midnight and 9 AM to 10 AM, and will close at 2:30 PM. The contracts will be cleared through the New York Mercantile Exchange clearinghouse.

Please see attached News Release for more details.

Thank you.