NYBOT Announces Revised Ethanol And Sugar Opening And Closing Times

The New York Board of Trade® (NYBOT®) announced today that the Ethanol Futures market will open at 8:50 a.m. (NY Time). Ethanol trading will suspend at 9:00 a.m. for the opening of the Sugar No. 11 market. Ethanol trading will then resume with the completion of the Sugar No. 11 opening call. Additionally, the ethanol closing period starts at 12:03 p.m. and the market will close at 12:05 p.m.

Sugar No. 14 will now open at 8:40 am, effective beginning Friday, May 7, 2004.

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, NYBOT offers an expanding range of agricultural and financial products. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.