Notice to Members
Notice No. 16
01/15/2002
Procedures For 2002 Annual Meeting Of Memebers Of Commodity Exchange, Inc.
The Annual Meeting of Members of Commodity Exchange, Inc. will be held on Tuesday, March 12, 2002 in the Boardrooms of the Exchange, One North End Avenue, New York City.

At that time, the Membership will elect members to fill the following expiring positions:

– One Representative of the Trade Group
   (3 Year Term)

– Three Representatives of the Membership At-Large
   (One 1-Year Term and Two 3-Year Terms)
   (i.e., to be elected without regard to group registration)

If you wish to stand for election to the COMEX Governors Committee, you must be nominated by petition. Nominations to serve as a representative of the Floor Group requires the signature of at least 10 Commodity Exchange, Inc. Members* registered in that group. Nomination to serve as Chairman or as an At-Large representative requires the signature of at least 40 Commodity Exchange, Inc. Members* regardless of group registration. A blank petition for each of the foregoing categories is attached for your convenience.

* ONLY THOSE COMMODITY EXCHANGE, INC. MEMBERS WHO OWN OR ABC FULL SEATS ARE ELIGIBLE TO SIGN NOMINATING PETITIONS.

Commodity Exchange, Inc. Members wishing to seek election to the COMEX Governors Committee must submit their duly executed petitions to the Office of the Corporate Secretary NO LATER THAN 5:00 PM. ON TUESDAY, FEBRUARY 5, 2002.

Please note that subsequent to receipt of petitions by the Office of the Corporate Secretary, notice of the Annual Meeting of Commodity Exchange, Inc. Members will be promptly distributed to the Membership.

Should you have any questions regarding the foregoing, please contact M. Dawn Lowe at (212) 299-2370 or Donna Talamo at (212) 299-2372.

Attachments

P E T I T I O N

FOR NOMINATION TO RUN AS A CANDIDATE FOR ELECTION TO THE COMEX GOVERNORS COMMITTEE


We, the undersigned Members of Commodity Exchange, Inc., hereby nominate
_________________ to run for At-Large election to the COMEX Governors Committee:

1. ______________________________ 26. ______________________________

2. ______________________________ 27. ______________________________

3. ______________________________ 28. ______________________________

4. ______________________________ 29. ______________________________

5. ______________________________ 30. ______________________________

6. ______________________________ 31. ______________________________

7. ______________________________ 32. ______________________________

8. ______________________________ 33. ______________________________

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10. ______________________________ 35. ______________________________

11. ______________________________ 36. ______________________________

12. ______________________________ 37. ______________________________

13. ______________________________ 38. ______________________________

14. ______________________________ 39. ______________________________

15. ______________________________ 40. ______________________________

16. ______________________________ 41. ______________________________

17. ______________________________ 42. ______________________________

18. ______________________________ 43. ______________________________

19. ______________________________ 44. ______________________________

20. ______________________________ 45. ______________________________

21. ______________________________ 46. ______________________________

22. ______________________________ 47. ______________________________

23. ______________________________ 48. ______________________________

24. ______________________________ 49. ______________________________

25. ______________________________ 50. ______________________________


P E T I T I O N

FOR NOMINATION TO RUN AS A CANDIDATE FOR ELECTION TO THE COMEX GOVERNORS COMMITTEE


We, the undersigned Members of Commodity Exchange, Inc., hereby nominate
_________________ to run for group election to the COMEX Governors Committee to represent the Trade Group:

1. ______________________________ 11. ______________________________

2. ______________________________ 12. ______________________________

3. ______________________________ 13. ______________________________

4. ______________________________ 14. ______________________________

5. ______________________________ 15. ______________________________

6. ______________________________ 16. ______________________________

7. ______________________________ 17. ______________________________

8. ______________________________ 18. ______________________________

9. ______________________________ 19. ______________________________

10. ______________________________ 20. ______________________________

Should you have any questions or require any further information, please contact exchangeinfo@nymex.com