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FTSE Mondo Visione Exchanges Index:

100 Years Of Futures Trading Celebrated By Winnipeg Commodity Exchange Inc.

Date 02/02/2004

It was 100 years ago that trading in futures contracts for delivery of Canadian agricultural products began on Winnipeg Commodity Exchange Inc. ("WCE"). On February 1, 1904 WCE, then known as the Winnipeg Grain & Produce Exchange, launched active trading in futures contracts for delivery of No. 1 Northern Wheat. Facilities for trading futures contracts for Canadian oats and flaxseed followed later that same year.

Today, the Exchange maintains its status as Canada's only agricultural commodity futures and options exchange, providing risk management tools for canola, flaxseed, domestic feed wheat and domestic feed barley.

Shortly before the opening of the market this morning WCE Chairman, Bill Parrish Jr., addressed Participants on the Exchange and acknowledged this historic achievement.

WCE will hold various commemorative events and displays throughout the year.

The Exchange, founded in 1887 as a cash grain marketplace, is a 117-year old entity that is unique to the City of Winnipeg and to Canada. For further information on WCE visit our Website at www.wce.ca