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NYBOT's Cocoa Futures Contract Breaks Volume Record

Date 10/02/2003

The New York Board of Trade® (NYBOT®) announced today that its cocoa futures market set an all-time volume record of 33,332 contracts on February 6, 2003. The new record replaces the previous high of 31,485 contracts established on January 18, 2001.

Cocoa futures and options contracts trade on NYBOT's Coffee, Sugar and Cocoa Exchange, Inc. from 8:00 am until 11:50 am (NY Time). The cocoa futures contract is for 10 metric tons (22,046 pounds) of exchange-certified cocoa from countries such as the Ivory Coast, Ghana and Nigeria.

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. Information about the New York Board of Trade can be found at www.nybot.com.