Notice No. 01-124
April 5, 2001

To:
All NYMEX Holdings, Inc. Stockholders
All NYMEX Division Members

From:
Donna M. Talamo, Director
Office of the Corporate Secretary

Re:
SPECIAL MEETING OF NYMEX HOLDINGS, INC. STOCKHOLDERS ) FILLING OF BOARD OF 
DIRECTORS VACANCIES


The Board of Directors of NYMEX Holdings, Inc. has called a special meeting 
of the NYMEX Holdings, Inc. stockholders for the purpose of filling vacancies 
on the Board of Directors.  This meeting will be held on Wednesday, May 23, 
2001 at 4:00 p.m. in Board Room 1010 of the Exchange, One North End Avenue, 
New York City.  For your convenience, however, ballots will also be accepted 
until 4:00 p.m. in the Members, Lounge on the third floor of the Exchange.

At the special meeting, the following vacancies will be filled as follows:

o Equity Holders Representative*   -One position to expire 2002
      (Three vacancies)     -One position to expire 2003
       -One position to expire 2004

o Futures Commission Merchant Representative -One position to expire 2003
     (One vacancy)

o Public Director Representative   -One position to expire 2002
      (One vacancy)

*The three Equity Holders Representatives will be elected as follows:  of the 
three elected candidates, the candidate receiving the most votes will be 
elected to the term expiring 2004, the candidate receiving the second highest 
number of votes will be elected to the term expiring 2003, and the candidate 
receiving the third highest number of votes will be elected to the term 
expiring 2002.

The Office of the Corporate Secretary (c/o Donna M. Talamo, One North End 
Avenue, Room 1548, New York, NY  10282 ) fax 212-301-4645 or email 
dtalamo@nymex.com) will accept written recommendations of proposed nominees 
from stockholders for the vacancies on the Board of Directors not later than 
5:00 p.m., MONDAY, APRIL 16, 2001.  A stockholder may not recommend more than 
one candidate per category.  After Monday, April 16, 2001, a list of the 
recommendations of proposed nominees will be posted.

ONLY PERSONS WHOSE NAMES HAVE BEEN SUBMITTED TO THE OFFICE OF THE CORPORATE 
SECRETARY BY 5:00 P.M. ON MONDAY, APRIL 16, 2001 WILL BE PERMITTED TO STAND 
FOR ELECTION.

Please note that in order to qualify as a Public Director, a person must be 
knowledgeable of futures trading or financial regulation or otherwise capable 
of contributing to the deliberations of the Board of Directors and may not be 
a member of the Exchange or affiliated with any member of the Exchange or an 
employee of the Exchange.

After Monday, April 16, 2001, the Membership Subcommittee (&Subcommittee8) 
will convene to make its determination as to the eligibility of the proposed 
nominees to run in the category for which he was proposed or otherwise.   
Such determination will be immediately posted.  Should the Subcommittee 
determine that a proposed candidate is ineligible to run in the category for 
which he was recommended, written notice thereof shall immediately be 
submitted to that person.  To assist the Subcommittee, NYMEX members may 
submit information regarding the eligibility of a proposed nominee to the 
Subcommittee.  All such submissions must be received by 5:00 p.m. on 
Thursday, April 19, 2001 at the Office of the Corporate Secretary.  In 
addition, a proposed nominee may appeal the Subcommittee,s categorization.  
Such appeal must be made by 5:00 p.m. on April 20, 2001.  The Subcommittee 
will consider the appeal and make a final ruling no later than April 23, 
2001.  At that time, the Subcommi!
tt!
ee will assign the proposed nominees to the proper categories, regardless of 
the category for which the proposed nominee was originally recommended.

TO BE OFFICIALLY NOMINATED, EACH PROPOSED NOMINEE WILL BE REQUIRED TO FILE 
WITH THE OFFICE OF THE CORPORATE SECRETARY A DECLARATION WHICH STATES THAT 
CATEGORY IN WHICH THE PERSON INTENDS TO STAND FOR ELECTION.  FAILURE TO 
SUBMIT A DECLARATION TO THE OFFICE OF THE CORPORATE SECRETARY BY 5:00 P.M. ON 
TUESDAY, APRIL 24, 2001 WILL RENDER THE PROPOSED NOMINEE INELIGIBLE TO RUN IN 
ANY CATEGORY.

Please note:  only those persons who were proposed by 5:00 p.m. on Monday, 
April 16, 2001 will be permitted to be officially nominated.

The Record Date for the determination of stockholders entitled to vote will 
be April 25, 2001.

The Candidates, Forum will be held on May 9, 2001.

Proxy statements and ballots will be mailed on or about May 1, 2001.

The election will be held on Wednesday, May 23, 2001.


Should you have any questions regarding the above, please contact Christopher 
Bowen at (212) 299-2200 or Donna Talamo at (212) 299-2372.



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