CME Y2K Status As Of 1:00 a.m. Saturday, Jan. 1, 2000:

The CME completed its Dec. 31, 1999, regular clearing cycle successfully. Technical staff has monitored internal systems and networks, and no problems have been encountered. Shortly after midnight on Jan. 1, 2000, CME staff made an initial assessment of its computers and infrastructure and encountered no Y2K-related problems. Computer systems rolled over to the year 2000 as expected, and the Exchange Center continued to function normally, including electrical, ventilation, heating, lighting, telephone and other infrastructures. Key CME staff remains at the exchange over the weekend, reviewing and testing both operating systems and support services. Testing includes operating systems, application systems, order routing systems and other member firm interfaces-e.g., CUBS2,TOPS, CLEARING 21 and the GLOBEX®2 electronic trading system. On Saturday, member firms will be able to send orders through the systems to assess the functionality of their own systems as they interface with the CME. The GLOBEX2 system is scheduled to open normally on Sunday, Jan. 2, 2000, at 5:30 p.m. (Central Time).