Tokyo Commodity Exchange Notice Of Change In Contract Specifications (Crude Oil, Contract Unit)

The Contract Unit for Crude Oil Futures (applicable after Nov 2005 Contract, which shall be launched on June 2nd, 2005) has been changed from 100kl to 50kl.

Consequently, Minimum Initial Trading Margin and Position Limit have been changed as follows:

[Contract Specification of Crude Oil Futures]

(Effective on or after June 2, 2005, changed parts only)

	Nov 2005 Contract and thereafter		till Oct 2005 Contract

Contract Unit	50kl / contract		100kl / contract

Minimum Initial Trading Margin* (for Customer)	Base Price	Margin	Base Price	Margin
	lower than 28,000yen	60,000yen	lowyer than 28,000yen	120,000yen
	from 28,000yen upto 38,000yen	75,000yen	from 28,000yen upto 38,000yen	150,000yen
	38,000yen or above	90,000yen	38,000yen or above	180,000yen

Customer Position Limit	2,400 contracts per contract month (on either long or short position)		1,200 contracts per contract month (on either long or short position)

*note: the above Miminum Initial Trading Margin are set as the “minimum amount”, and Brokers may set higher margin requirements. Please consult with your broker for details.