NYBOT Board Approves Delivery Of New Pulp Brand

The New York Board of Trade® (NYBOT®) announced today that its Board of Governors approved a new brand of pulp available for delivery against its Pulp contract. The new brand, Mondi Packaging’s Bohemia Kraft Pulp SW ECF, begins with the February 2006 contract delivery, which expires February 19, 2006.

Additionally, the Pulp rules were changed concerning the timing for the listing of a new delivery month, which will now be listed for trading on the first Business Day following the Last Trading Day of the expiring delivery month, rather than waiting one month after expiration.

Please refer to the NYBOT Pulp Contract Rules at www.nybot.com for complete details and requirements.

The NYBOT pulp contract (symbol P) is currently for 20 air-dry metric tons of Northern Bleached Softwood Kraft (NBSK) pulp, which must be a commercially accepted “prime” grade of a specific moisture, dirt count and brightness. The NYBOT pulp market, which the futures contract began trading on March 4, 2005, and the options on March 7, 2005, opens at 7:55 AM and closes at 9:00 AM. The Pulp section on the NYBOT website (www.nybot.com/pulp) has more information regarding the contracts.

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 the New York Board of Trade Futures & Options for Kids, the Exchange’s non-profit group, please go to www.futuresandoptionsforkids.org.