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Euronext Paris Derivatives Changes In Trading Hours

Date 18/05/2001

As provided in the article M.1.04 of the MATIF Organization and Operating Rules, Euronext Paris SA hereby announces, that the trading hours of EURO 5 years contract and EURO 5 years OPTIONS were modified, until new notice, as of May 16th 2001, as follows :

The trading hours of the other MATIF futures and options contracts remain unchanged.

EURO 5 years: Pre opening = 07:00, Opening = 08:00, Closing = 19:00, Pre Opening = 19:00, Closing = 22:00

EURO 5 years options: Pre opening = 07:45, Opening = 08:00, Closing = 19:00

Settlement day changeover at 17:30 (Paris time)