| Notice to Members |
| Notice No. 230 05/28/2003 |
| Exchange Announces Waiver of Trading Fees for Weekly and Daily PJM Electricity Futures Contracts |
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| The New York Mercantile Exchange, Inc., announced today that all Exchange transaction fees for its weekly and daily financially-settled Pennsylvania/New Jersey/Maryland (PJM) electricity futures contracts would be waived for the same period in which they are waived for the monthly contracts, through October 10, 2003. |
| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |