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Exchange Sets New Record For NYMEX Division Seat Sale

Date 12/12/2001

A seat on the NYMEX Division of the New York Mercantile Exchange, Inc., sold today for $801,000, topping the record of $750,500 set on November 20.

Ownership of a seat on the NYMEX Division represents a share of common stock in NYMEX Holdings, Inc.

Exchange President J. Robert Collins, Jr., said, "This seat sale record tops off a series of records we have recently experienced in volume including annual NYMEX ACCESS ® trading volume, daily natural gas futures and options volume, and monthly options and copper futures volume, and is a reflection of the confidence placed in the Exchange by the marketplace as the premiere source of market efficiency and risk management services."