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MEDIA ADVISORY = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 December 12, 2001 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Power Surge on IntercontinentalExchange As New Record Is Set = = = = = = = = = = = = = =20 ICE trades 16.7 million megawatt hours on Tuesday = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Atlanta, GA (December 12, 2001) IntercontinentalExchange, one of the world'= s = = = = = = = = = = = = =20 most liquid and fastest growing commodity marketplaces, announced today tha= t = = = = = = = = = = = = =20 ICE set a new single day North American power trading record of 16.7 millio= n = = = = = = = = = = = = =20 megawatts on Tuesday, December 11, 2001, breaking the previous record by = = = = = = = = = = = = = =20 more than a million megawatt hours. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Moreover, recently launched additions to the ICE power market contributed t= o = = = = = = = = = = = = =20 that record volume including power for delivery into AEP and into Southern = = = = = = = = = = = = = =20 hubs as well as hourly, off-peak, and weekend power markets at several hubs= = = = = = = = = = = = = =20 in the West and the East. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 The past few weeks, ICE has experienced strong trading activity across the = = = = = = = = = = = = = =20 board with a daily record for gas trading set on December 4th and oil, = = = = = = = = = = = = = =20 precious metals, weather derivatives and emissions allowances also showing = = = = = = = = = = = = = =20 continuous growth. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Digital traffic, i.e. the number of bids, offers and price changes on the = = = = = = = = = = = = = =20 system, is still at a high and the new user requests continue to come in at= = = = = = = = = = = = = =20 a rapid rate. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 About IntercontinentalExchange = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 IntercontinentalExchange is one of the world's most liquid and fastest = = = = = = = = = = = = = =20 growing commodity marketplaces, owned by over 100 of the world’s lead= ing = = = = = = = = = = = = =20 energy and metals traders, brokers and bankers. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 The ICE electronic trading system is installed on over 8,000 desktops = = = = = = = = = = = = = =20 worldwide from which traders log on each day of the business week to trade = = = = = = = = = = = = = =20 more than 600 listed commodity and derivative contract types. Broadly, = = = = = = = = = = = = = =20 these include crude oil and refined products, natural gas, power, precious = = = = = = = = = = = = = =20 metals, weather derivatives and emissions allowances. Contract forms = = = = = = = = = = = = = =20 include physical delivery as well as financially settled swaps, spreads, = = = = = = = = = = = = = =20 differentials and options based on a variety of fixed and floating price = = = = = = = = = = = = = =20 indices. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Based in Atlanta (and with offices in New York, Houston, Chicago, London an= d = = = = = = = = = = = = =20 Singapore), ICE is taking the technological revolution that occurred in = = = = = = = = = = = = = =20 international financial markets and extending it into global commodity = = = = = = = = = = = = = =20 markets. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 IntercontinentalExchange is the owner of the International Petroleum = = = = = = = = = = = = = =20 Exchange of London (IPE), Europe’s leading energy futures and options= = = = = = = = = = = = = =20 exchange. The IPE provides highly regulated open outcry and electronic = = = = = = = = = = = = = =20 marketplaces where industry participants use futures and options to manage = = = = = = = = = = = = = =20 their price risk exposure in the physical energy market. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Products traded on IPE include Brent Crude futures and Options, Gas Oil = = = = = = = = = = = = = =20 futures and Options, Natural Gas futures and Electricity (baseload) futures= . = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 For more information about IntercontinentalExchangeTM, please visit the = = = = = = = = = = = = = =20 website at www.intcx.com. More information about IPE can be found at = = = = = = = = = = = = = =20 www.ipe.uk.com. = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 ### = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 Contact: = = = = = = = = = = =
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