On Thursday, December 23, 2004, commodity futures, foreign exchange, interest rate and GSCI products will close at 12:00 noon Central Time (CT), and commodity options will close at 12:02 p.m. CT.  Only equity products traded on the trading floors will have normal trading hours on this day.

Please view the Christmas and New Year’s Holiday Schedules located at

http://www.cme.com/trading/res/cch/2004christmas5487.html and

http://www.cme.com/trading/res/cch/2005newyears5490.html for specifics.

If you have any questions regarding this notice, please contact:

Marilee Radecki                    312.930.8193                        mradecki@cme.com

Kevin Brady                           312.648.3653                        kbrady@cme.com

Lisa Amato                            312.338.2654                        lamato@cme.com

Thank you.