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NYBOT Announces Upcoming Cocoa Graders Test

Date 22/03/2006

The New York Board of Trade® (NYBOT®), the world’s leading “soft” commodity exchange, announced today that it will be administering a cocoa graders test in early Fall 2006 at the exchange’s 39 Broadway location in New York, N.Y. Candidates must have a minimum of three years experience in the cocoa industry to qualify for the written and practical grading test.

NYBOT will be offering a refundable refresher course to qualifying applicants. Candidates interested in receiving a test application package need to submit a request to Marie Stendardo via fax at (212) 785-3955 or email at mstendardo@nybot.com by April 28, 2006.

NYBOT’s Cocoa Graders are world-renowned for their expertise in being able to determine the quality of cocoa grown in countries all over the world. Grading is the art of making a determination to the cocoa’s quality. The cocoa is deliverable under the terms of NYBOT’s cocoa contract (symbol CC), which is 10 metric tons (22,046 pounds) of exchange-certified cocoa. Cocoa futures and options contracts are traded on NYBOT’s trading floor from 8:00 am until 11:50 am (NY Time).

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, wood pulp and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com. To learn more about New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.