Amendments to Crude Oil Fixed Payout Hedgelet Contracts offered under Spot duration and represented by Rule 12.28(f)(i), effective on Thursday, August 4, 2005

42.080405

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria for the Crude Oil Fixed Payout Contracts, currently offered under Spot duration only.

These Rule amendments will be made effective at the start of business on Thursday, August 4, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact the Compliance Department.