NYBOT Issues A Prohibition On Certification Of New Stocks Of Coffee In The Port Of New Orleans

The New York Board of Trade® (NYBOT®) announced today it was continuing the force majeure regarding the Port of New Orleans that was issued on August 29, 2005, and further, issued a prohibition on the certification of new stocks in the Port of New Orleans until further notice.

NYBOT announced September 15 that it would be seeking to conduct on-site inspections of NYBOT-licensed coffee warehouses located in the Port of New Orleans beginning the week of September 19. The Exchange wanted to evaluate the condition of the warehouses and also keep the user community apprised of any conclusions.

On August 29, NYBOT considered the consequences of Hurricane Katrina on the Port of New Orleans and its impact on the delivery of coffee in the Port, and in accordance with its rules, declared that a force majeure situation exists in the Port and that no further delivery can be issued for the port until such date as NYBOT determines.

On August 31, in order to promote the fair and orderly delivery of the September 2005 Coffee “C”® futures contract, NYBOT declared all delivery notices issued for the port of New Orleans with respect to the September 2005 contract to be null and void, effective September 1.

Please visit the NYBOT website at www.nybot.com to learn more details about the Exhange’s actions concerning Hurricane Katrina and the Port of New Orleans.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp, and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.