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CME Issues Statement on Proposed CME/CBOT Merger
CHICAGO, March 15 /PRNewswire-FirstCall/ -- CME, the world's largest
and most diverse financial exchange, issued the following statement today
in regard to its proposed merger with The Chicago Board of Trade (CBOT):
We are confident that the CME/CBOT merger will create a strong
combination and provide significant and unique benefits for shareholders
and customers of both companies. We are working toward the successful
completion of our transaction.
Important Merger Information
CME and CBOT have filed a definitive prospectus/joint proxy statement
with the Securities and Exchange Commission (SEC) in connection with the
proposed transaction. This material is not a substitute for the definitive
prospectus/proxy statement or any other documents CME and CBOT have filed
or will file with the SEC. Investors and security holders are urged to read
the definitive prospectus/proxy statement and any other relevant documents
filed or to be filed by CME or CBOT because they contain or will contain
important information about the proposed transaction. The definitive
prospectus/proxy statement is, and other documents filed or to be filed by
CME and CBOT with the SEC are or will be, available free of charge at the
SEC's Web site ( http://www.sec.gov ) or from Chicago Mercantile Exchange
Holdings Inc., Shareholder Relations and Membership Services, 20 South
Wacker Drive, Chicago, Illinois 60606, Attention: Beth Hausoul.
CME and its directors, executive officers and other employees may be
deemed to be participants in the solicitation of proxies in connection with
the proposed transaction. Information about CME's directors and executive
officers is available in CME's proxy statement, dated March 14, 2007, for
its 2007 annual meeting of stockholders. Additional information about the
interests of potential participants is included in the definitive
prospectus/proxy statement referred to above. This document shall not
constitute an offer to sell or the solicitation of an offer to buy any
securities, nor shall there be any sale of securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the U.S. Securities
Act of 1933, as amended.
About CME Holdings
CME Holdings (NYSE, CME) became the first publicly traded U.S.
financial exchange on Dec. 6, 2002. The company was added to the Russell
1000(R) Index on July 1, 2003, and to the S&P 500(R) Index on Aug. 10,
2006. It is the parent company of Chicago Mercantile Exchange Inc., the
world's largest and most diverse financial exchange. As an international
marketplace, CME brings together buyers and sellers on the CME Globex(R)
electronic trading platform and on its trading floors. CME offers futures
and options on futures in these product areas: interest rates, stock
indexes, foreign exchange, agricultural commodities, energy, and
alternative investment products such as weather, real estate and economic
derivatives. CME is a wholly owned subsidiary of CME Holdings.
Forward-Looking Statements
This press release may contain forward-looking information regarding
Chicago Mercantile Exchange Holdings Inc. and CBOT Holdings, Inc. and the
combined company after the completion of the merger that are intended to be
covered by the safe harbor for "forward-looking statements" provided by the
Private Securities Litigation Reform Act of 1995. These statements include,
but are not limited to, the benefits of the business combination
transaction involving CME and CBOT, including future financial and
operating results, the new company's plans, objectives, expectations and
intentions and other statements that are not historical facts. Such
statements are based on current beliefs, expectations, forecasts and
assumptions of CME and CBOT's management which are subject to risks and
uncertainties which could cause actual outcomes and result to differ
materially from these statements. Other risks and uncertainties relating to
the proposed transaction include, but are not limited to the satisfaction
of conditions to closing; including receipt of shareholder, member,
antitrust, regulatory and other approvals on the proposed terms; the
proposed transaction may not be consummated on the proposed terms;
uncertainty of the expected financial performance of CME following
completion of the proposed transaction; CME may not be able to achieve the
expected cost savings, synergies and other strategic benefits as a result
of the proposed transaction; the integration of CBOT with CME's operations
may not be successful or may be materially delayed or may be more costly or
difficult than expected; general industry and market conditions; general
domestic and international economic conditions; and governmental laws and
regulations affecting domestic and foreign operations. For more information
regarding other related risks, see Item 1A of CME's Annual Report on Form
10-K for the fiscal year ended December 31, 2006. Copies of said 10-K is
available online at http://www.sec.gov or on request from the CME. You
should not place undue reliance on forward-looking statements, which speak
only as of the date of this press release. Except for any obligation to
disclose material information under the Federal securities laws, CME
undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the
date of this press release.
CME-G
SOURCE CME













