Notice to Members
Notice No. 449
08/27/2008
CME Group Announces Final Shareholder Election Results and Proration Factor in Connection with NYMEX Holdings Merger
This is to advise you that CME Group (NASDAQ:CME) today announced the final results of the elections received in connection with its merger with NYMEX Holdings. As specified in the Merger Agreement, NYMEX Holdings shareholders were entitled to elect to receive consideration consisting of cash or shares of CME Group Class A common stock for each share outstanding at the effective time of the merger. Elections were subject to proration in order to distribute the mandatory cash consideration of approximately $3.4 billion. The results of the elections and proration are as follows:
  • Sixty-one percent of NYMEX Holdings shareholders elected to receive consideration in the form of shares of CME Group Class A common stock, and thirty-nine percent elected to receive cash or did not submit an election.

  • NYMEX Holdings shareholders who made a valid stock election will receive, per share of NYMEX Holdings common stock held at the effective time, approximately $7.29 in cash and 0.2164 shares of CME Group Class A common stock, plus additional cash in lieu of any fractional shares.

  • NYMEX Holdings shareholders who made a valid cash election, as well as shareholders who made no election, will receive $81.16 per NYMEX share.
Please be reminded that the following shareholding requirements apply to NYMEX Division member firms, clearing firms and non-clearing (corporate) firms:

Exchanges
CME Group Class A Shares
NYMEX only
8,000
NYMEX plus one (CME or CBOT)
12,000
NYMEX, CME and CBOT
16,000


Please be advised that NYMEX Division firms have until Thursday, September 4, 2008 (5 business days following the determination of the final proration) to meet the shareholding requirements.
Should you have any questions or require any further information, please contact exchangeinfo@nymex.com