IntercontinentalExchange To Hold Meeting With Members Of The Chicago Board Of Trade

IntercontinentalExchange, Inc. (NYSE: ICE) today announced that it will invite members of the Chicago Board of Trade (NYSE: BOT) to a meeting next week to discuss the benefits that an ICE/CBOT combination will deliver to shareholders, members, customers and employees.

Jeffrey Sprecher, Chairman and CEO of IntercontinentalExchange, along with other members of ICE’s senior management team, will meet with members and discuss details of the superior ICE proposal.

The CBOT member meeting will be held in Chicago at 3:30 p.m. CDT on Thursday, May 31, 2007. Only Chicago Board of Trade members who respond in advance to an RSVP will be admitted to the event. Chicago Board of Trade Members should dial (800) 562-1675 to register. Other interested parties are invited to listen via conference call by dialing as follows: Domestic Participants: (888) 792-8398; International Participants: (973) 582-2773. The passcode is 8847664. A live audio webcast of the meeting also will be available on the Company's website at www.theice.com under About ICE/Investor Relations and at www.theicecbot.com.

The call will be archived on ICE’s website and on www.theicecbot.com. A replay will be available at (877) 519-4471 for callers within the United States and at (973) 341-3080 for callers outside of the United States. The replay passcode is 8847664.

Jeffrey C. Sprecher, Chairman and CEO of ICE, said, “We are extremely pleased to be hosting this event in response to the overwhelming number of requests we have received from CBOT members for a face-to-face meeting. We believe it will provide a useful forum to outline in greater detail the strategic and financial merits of an ICE/CBOT combination and to address member questions directly.”

Sprecher continued “We look forward to a constructive dialogue with the CBOT membership regarding our proposal, which would result in greater immediate and long-term value creation, as well as superior growth prospects for shareholders, members, customers and employees than the alternative transaction that the CBOT has agreed to with the Chicago Mercantile Exchange. We have more confidence than ever that ICE’s growth trajectory, superior currency, demonstrated ability to integrate new businesses, innovation track record, and trading platform capabilities, when combined with the CBOT, would create a highly compelling business combination.”

Based on the May 23, 2007, closing share prices, the ICE proposal is valued at $210.83 per CBOT share, over 16.0% or approximately $1.5 billion above the CME proposal, which is valued at $181.79 per CBOT share.

Additional Information
More information about the ICE proposal is available on the ICE website at www.theice.com under About ICE/Investor Resources and at www.theicecbot.com.