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<title>Weather Announcement</title>
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<p><img src="http://www.intcx.com/weather/images/header7.gif" width="500" height="20"></p>
<p><font size="-2" face="Verdana">IntercontinentalExchange is pleased to announce 
  that weather swaps trading will be included in its new version 8 release. These 
  fixed-for-floating financial products will be cash settled on a five-day average 
  temperature, Monday - Friday, for the current week and for the forward week. 
  Temperatures used for the settlement of these products will be those reported 
  by EarthSat, a widely recognized and independent source of weather data. Settlement 
  temperatures provided by EarthSat will be available via the IntercontinentalExchange 
  website. The hub locations for weather trades will be the primary airport weather 
  stations at Chicago-O'Hare, Dallas-Fort Worth, New York-La Guardia, Philadelphia-International 
  and Sacramento-Executive. The standard contract size for all locations will 
  be $10,000 per degree Fahrenheit, with a tic increment of 0.1 degree Fahrenheit 
  or $1,000. There are no payout limits on the contracts. </font></p>
<p><font size="-2" face="Verdana">The design and development of these new weather 
  products was done under the guidance of Aquila Energy Marketing Corp., a recognized 
  leader in weather product concepts. In addition, IntercontinentalExchange has 
  worked with Aquila and other major weather market participants, including Reliant 
  Energy, Mirant Americas, and El Paso Merchant Energy, to build consensus and 
  support for these new products.</font></p>
<p><font size="-2" face="Verdana">To trade weather swaps you must have our new version 8 release installed on your system. An advisory 
  with details about this new release is being sent to you by separate email. 
  </font></p>
<p><font size="-2" face="Verdana">We encourage all or our users to take a serious 
  look at the new weather products being offered by the IntercontinentalExchange. 
  Please contact one of our following representatives to find out about the new 
  weather products, or check back on our website product guide:</font></p>
<p><font size="-2" face="Verdana">Patricia Ricci : (646) 792-2624 : <a href="mailto:patricia.ricci@intcx.com">Patricia.Ricci@intcx.com</a><br>
  Mike O'Neill : (646) 792-2626 : <a href="mailto:michael.oneill@intcx.com">Michael.Oneill@intcx.com</a><br>
  Chris D'Ambrosio : (646) 792-2625 : <a href="mailto:chris.dambrosio@intcx.com">chris.dambrosio@intcx.com</a></font><br>
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