CME Group Inc. (NYSE: CME)(NASDAQ: CME) and NYMEX Holdings, Inc. (NYSE: NMX) today announced that they have agreed to extend the 30-day exclusive negotiating period regarding CME Group's potential acquisition of NYMEX until March 15, 2008.
The potential transaction remains subject to completion of due diligence, negotiation of terms of a definitive agreement and approvals of the Boards of Directors of both companies. There can be no certainty that any agreement will be entered into or as to the terms of any agreement. There will be no further comment until an agreement is reached or the discussions are terminated.
About CME Group
CME Group (http://www.cmegroup.com/) is the world's largest and most diverse exchange. Formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex® electronic trading platform and on its trading floors. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, agricultural commodities, and alternative investment products such as weather and real estate. CME Group is traded on the New York Stock Exchange and NASDAQ under the symbol "CME."