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Sugar No. 11 Contract At NYBOT Breaks Another Record

Date 04/02/2003

The New York Board of Trade® (NYBOT®) announced today another new open interest record for its World Sugar futures contract of 273,716 contracts set on February 3, 2003, replacing the previous record of 271,722 contracts established January 31, 2003.

NYBOT's Sugar No. 11 futures contract is 112,000 lbs. of raw centrifugal cane sugar from 29 countries throughout the world, including Australia, Brazil, India, and the United States. The No. 11 futures and options contracts represent NYBOT's largest market by total trading volume.

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.