Chicago Mercantile Exchange Holdings Inc. Board Re-Elects Officers

Chicago Mercantile Exchange Holdings Inc. (NYSE, NASDAQ:  CME) announced that its board of directors has re-elected its officers.  The officers will hold their positions on the boards of Chicago Mercantile Exchange Holdings and Chicago Mercantile Exchange for a one-year term (through the April 2006 election):

Vice Chairman:                     James E. Oliff
Second Vice Chairman:      William R. Shepard
Secretary:                              Martin J. Gepsman
Treasurer:                              Patrick B. Lynch

Terrence A. Duffy is in the middle of his second two-year term as the company’s Chairman, a position he has held since April 2002.  Chairman Emeritus Leo Melamed continues to serve as Senior Policy Advisor, and John F. Sandner continues as Special Policy Advisor.

James E. Oliff has served as Vice Chairman of CME Holdings’ and CME’s boards since April 2002 and as a Director of CME since 1994.  He is Executive Director of International Futures and Options Associates, and President of FILO Corp.

William R. Shepard has served as Second Vice Chairman of CME Holdings’ and CME’s boards since April 2002 and as a Director of CME Holdings’ board since its formation on August 2, 2001, and of CME’s board since 1997.  He President and Founder of Shepard International, Inc.

Martin J. Gepsman has served as Secretary of CME Holdings’ board since its formation on August 2, 2001, and of CME’s board since 1998.  He has served as a director of CME since 1994.  He is an independent broker and trader.

Patrick B. Lynch has served as Treasurer of CME Holdings’ and CME’s boards since April 2002 and as a Director of CME Holdings’ board since its formation on   August 2, 2001, and of CME’s board since 2000.  He is an independent trader.

Leo Melamed has served as an elected Director, Chairman Emeritus and Senior Policy Advisor of CME Holdings' and CME's boards since April 2002.  Mr. Melamed previously served as a non-voting Director and Senior Policy Advisor of CME Holdings' board since its formation on August 2, 2001, and as Chairman Emeritus, Senior Policy Advisor and a non-voting Director of CME.   He is Chairman and Chief Executive Officer of Melamed & Associates, Inc. 

John F. Sandner has served as Special Policy Advisor and as a Director of CME Holdings’ board since its formation on August 2, 2001.   Mr. Sandner has been Special Policy Advisor to CME since 1998 and a member of CME’s board since 1978.  He is Chairman of E*Trade Futures, LLC.