NYMEX To Launch New York Harbor Ethanol Futures Contract

The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it will launch a New York Harbor ethanol futures contract on March 30 for trade date March 31.

The contract (commodity code QE) will be available for trading on the CME Globex® electronic trading platform and for clearing on NYMEX ClearPort®. It will be listed for 36 consecutive months, beginning with the May 2008 contract. The last trading day will be the last business day of the month preceding the delivery month.

The contract size will be 42,000 gallons in size with the minimum price fluctuation of $0.0001 per gallon.

For information on fees, visit http://www.nymex.com/.