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New Open Interest Record For NYBOT's Coffee "C" Contract

Date 02/08/2002

The New York Board of Trade (NYBOT®) announced today a new daily Open Interest record in its Coffee "C" market of 72,187 futures contracts set on Wednesday, July 31, 2002. The latest record replaces the previous "C" record of 72,013 contracts set on Tuesday, July 30, 2002.

NYBOT's Coffee, Sugar and Cocoa Exchange, Inc. trades the Regular futures Coffee "C", the Mini "C" and options on the Regular Coffee "C". NYBOT's Coffee "C" contract is 37,500 pounds of exchange-certified arabica coffee and it trades from 9:00 am until 11:45 am (NY Time). NYBOT's Mini "C" contract, which was launched March 15th, 2002, is cash settled, represents 12,500 pounds of coffee, and provides easier market access for the smaller hedger and investor.

The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products.