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ICE Announces Third Set of New OTC Cleared Contracts

Posted on: Tuesday, 3 February 2009, 07:30 CST

**Next Tranche of 44 Contracts to Launch March 2**

ATLANTA, Feb. 3 /PRNewswire-FirstCall/ -- IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global regulated futures exchanges and over-the-counter (OTC) markets, announced today the introduction of 44 new OTC contracts for North American electricity, natural gas and natural gas liquids, subject to approval by the Risk Committee of ICE Clear Europe(R). These OTC contracts will be available for clearing beginning on March 2, 2009. With the products announced today, ICE will offer 166 cleared OTC energy contracts, including 76 new OTC contracts since the launch of ICE Clear Europe in November 2008.

The new contracts available for OTC clearing on March 2 are:

Electricity:

• AEP Dayton Hub Off Peak (AOD)
• AEP Dayton Hub Off Peak Daily (ADO)
• ERCOT Houston Zone, Peak Daily (EHD)
• ERCOT North Zone, Peak Daily (END)
• ERCOT South Zone, Peak Daily (ESD)
• ERCOT West Zone, Peak Daily (EWD)
• ERCOT West Zone, Peak Monthly (ERW)
• MISO Cinergy Day Ahead LMP Peak Daily (MDA)
• MISO Cinergy Day Ahead LMP Off-Peak Daily (MOD)
• NYISO Zone J Off-Peak Daily (NOJ)
• NYISO Zone J Off-Peak (NJO)
• NYISO Zone G Off-Peak Daily (NOD)
• NYISO Zone G Off-Peak (NGO)
• PJM West Day Ahead LMP Off-Peak Daily (PDO)
• PJM West Day Ahead LMP Peak Daily (PDA)
• PJM Northern Illinois Hub Off-Peak Daily (NDO)
• PJM Northern Illinois Hub Off-Peak (NIO)

Natural Gas:

• NGI for Platts GDD Chicago Index Swap (CIS)
• NGI for Platts GDD Malin Index Swap (MIS)
• NGI for Platts GDD PG&E Citygate Index Swap (EIS)
• NGI for Platts GDD Socal Border Index Swap (SIS)
• NGI for Platts GDD Socal Citygate Index Swap (SCI)
• NGI Socal Citygate Basis Swap (SCB)
• NGX AB-NIT Index Swap (AIS)
• NGX AB-NIT Swing Swap (ASS)
• Platts GDD Chicago Swing Swap (CSS)
• Platts GDD Columbia Gas TCO Swing Swap (CGS)
• Platts GDD Dominion South Swing Swap (DSS)
• Platts GDD Malin Swing Swap (MSS)
• Platts GDD Panhandle Swing Swap (PSS)
• Platts GDD PG&E Citygate Swing Swap (PIG)
• Platts GDD Socal Citygate Swing Swap (SCS)
• Platts GDD Transco Zone 6, N.Y. Swing Swap (ZSS)
• Platts IF ANR, Oklahoma Basis Swap (ANO)
• Platts IF Columbia Gulf, Onshore Basis Swap (CON)
• Platts IF for GDD Columbia Gas TCO Index Swap (TIS)
• Platts IF for GDD Dominion South Index Swap (DIS)
• Platts IF for GDD Panhandle Index Swap (PIS)
• Platts IF Transco Zone 4 Basis Swap (TRZ)

Natural Gas Liquids:

• Propane, Conway - FP for OPIS (PRC)
• Normal Butane - ISOM Grade, Mt. Belvieu - ENT FP for OPIS (NBI)
• Normal Butane - Refinery Grade, Mt. Belvieu - LDH FP for OPIS (NBR)
• Natural Gasoline, Mt. Belvieu - ENT FP for OPIS (NGE)
• IsoButane, Mt. Belvieu - ENT FP for OPIS (ISO)

As the first new major clearing house in London in over a century, ICE Clear Europe is enabling the efficient development of new products to support the risk management needs of member firms and customers in ICE's energy futures and OTC markets. In 2002, ICE pioneered the concept of cleared OTC energy contracts, which provide participants with access to centralized clearing and settlement arrangements while reducing bilateral credit risk and capital required for each OTC trade.

About IntercontinentalExchange

IntercontinentalExchange(R) (NYSE: ICE) operates regulated global futures exchanges and over-the-counter (OTC) markets for agricultural, energy, equity index and currency contracts, as well as credit derivatives. ICE(R) offers these markets to participants around the world through its technology infrastructure and trading platform, together with clearing, market data and risk management services. ICE Futures Europe(R) is ICE's regulated energy futures exchange. ICE's regulated North American exchanges, ICE Futures U.S.(R) and ICE Futures Canada(TM), offer markets for agricultural and financial contracts. Creditex, a market leader in trade execution and processing for credit derivatives, is also a wholly-owned subsidiary of ICE. A member of the Russell 1000(R) and S&P 500 indices, ICE is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. www.theice.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2007, and ICE's Quarterly Reports on Form 10-Q for the quarters ended June 30, 2008 and September 30, 2008, as filed with the SEC on February 13, 2008, August 4, 2008, and October 30, 2008, respectively.

SOURCE IntercontinentalExchange, Inc.

Source: PR Newswire

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