Tokyo Commodity Exchange Extraordinary Margins On Gold And Gold Options From Dec 20

Pursuant to the Regulations Governing Management of Precious Metals Market, the Precious Metals Market Management Committee held on December 19, 2005 decided to take the following measures:

On and after December 20, the following Extraordinary Margins will be imposed on new and existing positions in all contract months (including Dec 2006 contract month to be generated on Dec 20) for the time being.

Commodity	Contract Month	Extraordinary Trading Margin / lot ( Proprietary, General Customer, Member Customer)
		Until Dec 19:	From Dec 20:
Gold	All Months (Existing Positions)	JPY 25,000	JPY 25,000
	All Months (New Positions)	JPY 50,000
Gold Options (sellers only)	All Months (Existing Positions)	JPY 12,500	JPY 12,500
	All Months (New Positions)	JPY 25,000

Lifting of aforementioned measure will be determined taking into consideration of the price movements, etc., and will be notified as soon as the decision is made.