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Nymex Moves Termination Dates For e-miNY energy futures<SUP>sm</SUP> Contracts Back A Day

Date 11/06/2003

The New York Mercantile Exchange, Inc., announced today that its e-miNYsm crude oil and e-miNYsm natural gas futures contracts will terminate one day before the standard-sized light, sweet crude oil and natural gas futures contracts beginning with the August contract.

Currently, e-miNYsmtrading terminates on the same day as the standard-sized contracts.sm termination schedule is as follows:

Contract Month e-miNYsm Crude Oil e-miNYsm Natural Gas
August 2003 July 21, 2003 July 28, 2003
September August 19 August 26
October September 19 September 25
November October 20 October 28
December November 19 November 24
January 2004 December 18 December 24
February January 16, 2004 January 27, 2004
March February 19 February 24
April March 19 March 26
May April 19 April 27
June May 19 May 25
July June 21 June 25
August July 19 July 27
September August 19 August 26
October September 20 September 27
November October 19 October 26
December November 18 November 23

The e-miNY energy futuressm are fractional futures contracts sized at 40% of the standard futures contracts, the equivalent of 400 barrels of crude oil and 4,000 million British thermal units of natural gas. The contracts trade on the Chicago Mercantile Exchange's GLOBEX® electronic trading platform and clear through the New York Mercantile Exchange clearinghouse. They are based on financial settlement and designed to make it easier for individual investors to participate in these markets.