Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nymex Top Officials Gain Access To The Exchange Building - Exchange Intends To Resume Trading As Soon As Is Possible

Date 12/09/2001

Top officials of the Exchange last night gained access to the Exchange building at approximately 1.00am (September 12). The building has full-generated power and all indications are that it is ready to be fully operational as soon as the area is safely accessible.

In recognition of the critical importance of our markets to the global economy, it is the intention of Exchange management to resume trading as soon as is possible for the trading community. In the interim the Exchange is actively reaching out to its customers and member firms to determine its preparedness for NYMEX Access trading.

The Exchange plans to clear any trades from the September 11 NYMEX Access session and the abbreviated COMEX Division open outcry session against the September 10 settlement prices and will post those trades as 'as ofs' during the next session.

The Exchange is shocked by the depth of this tragedy and extends its deepest condolences to all those who suffered a loss, including a number of our close colleagues.

For further information, please call the NYMEX London office on +44 20 7 437 2933.