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Exchange To Extend NYMEX ACCESS® Trading Hours

Date 05/03/2003

The New York Mercantile Exchange, Inc., today announced that it will extend the trading hours for its energy contracts on the NYMEX ACCESS® electronic trading system to 9:30 A.M. beginning on March 10.

Currently, electronic trading for energy futures on NYMEX ACCESS® ends at 9 A.M. and the open outcry markets begin opening at 10 A.M.

Exchange President J. Robert Collins, Jr. said, "We are delighted to further extend the availability of our global benchmark energy markets at this critical time with significant uncertainty and ever-increasing reliance on the risk management and price discovery we provide."