Exchange price limit Rules for domestic stock index futures� call for a quarterly re-assessment of price limits based on prevailing market prices.  Limits are calculated quarterly at the close of business on the day preceding the commencement of a new calendar quarter.  Thus, new limits shall become effective on Thursday, January 2 at 5:30a.m.  The revised limits shall be applicable throughout the 1^st calendar quarter, 2003. 

 If limits were calculated using data collected through Wednesday, December 18, price limits for the 1^st calendar quarter of 2003 would be as follows.  The official calculation will occur at the close of business on Tuesday, December 31.  Details of the revised limits will appear on the Exchange�s Web site at www.cme.com shortly thereafter, and a Special Executive Report will appear on the Exchange floor before the opening of Regular Trading Hours (RTH) on Thursday, January 2. 

Please view the attached Special Executive Notice S-3883  for more information.

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