Press Release 3 April 2009 CLIMATE EXCHANGE PLC Monthly Trading Update for the European Climate Exchange, the Chicago Climate Exchange and the Chicago Climate Futures Exchange Climate Exchange plc, below outlines the trading volumes for the month of March 2009 for the European Climate Exchange (ECX), the Chicago Climate Exchange (CCX) and the Chicago Climate Futures Exchange (CCFE). ECX = European Climate Exchange CCX = Chicago Climate Exchange CCFE = Chicago Climate Futures Exchange Market Highlights - ECX volumes during March set a second consecutive monthly record, with a total of 539,002 contracts changing hands - the equivalent of half the total traded volume in 2007. Open interest across all products surpassed 500,000 contracts (500 Mt). - ECX screen liquidity increased during March with screen-traded volumes reaching a record daily average of 8,297 contracts. The largest screen-traded daily volume to date was recorded on 25 March with 12,607 contracts. Total average daily volumes for the month increased to 24,499 contracts. - ECX launched EUA and CER Daily Futures contracts on 13 March and traded 976,000 tonnes in the first two weeks. - CCFE established a second consecutive monthly record with 91,524 contracts traded, a 62% increase over February's record month. Average daily volumes have increased to 4,160 contracts for the month. - CCFE set monthly records for its Regional Greenhouse Gas Initiative ("RGGI") futures and option contracts and NFI-A futures and option contracts with 35,433 and 24,908 contracts traded respectively. - CCFE total open interest hit a record high of 102,339 on 19 March. - On 31 March, U.S. House Energy and Commerce Chairman Henry Waxman (D-CA) and Representative Ed Markey (D-MA) unveiled a 648-page draft climate and energy bill, entitled the American Clean Energy and Security Act of 2009, that establishes a cap and trade program to reduce U.S. greenhouse gas emissions 20% below 2005 by 2020. CCX traded 1,168,700 metric tonnes on the day. Total ECX Products (Contracts*) 2009 2008 Change % March 539,002 127,547 323% YTD 1,274,114 438,583 191% Open Interest 514,669 223,857 130% *1 contract equal to 1,000 EUAs/CERs ECX EUAs ECX EUA Futures Contract 2009 2008 Change % March 440,254 118,958 270% YTD 955,938 346,979 176% Open Interest 215,967 151,578 42% ECX EUA Options Contract 2009 2008 Change % March 44,642 16,065 178% YTD 119,300 83,015 44% Open Interest 122,690 66,197 85% ECX EUA Daily Futures Contract ('Spot') (launched 14 March 2008) 2009 2008 Change % March 787 N/A N/A ECX CERs ECX CER Futures Contract (launched 14 March 2008) 2009 2008 Change % March 53,319 8,589 521% YTD 173,821 8,589 1924% Open Interest 110,870 6,082 1723% ECX CER Options Contract (launched 16 May 2008) 2009 2008 Change % March 2,815 N/A N/A YTD 24,079 N/A N/A Open Interest 65,142 N/A N/A ECX CER Daily Futures Contract ('Spot') (launched 14 March 2008) 2009 2008 Change % March 189 N/A N/A CCX CFI (Contracts) 2009 2008 Change % March 64,193 85,492 -25% YTD 175,109 199,632 -12% CCFE (Contracts) Total CCFE Products 2009 2008 Change % March 91,524 56,149 63% YTD 199,552 154,079 30% Open Interest 92,929 71,400 30% CCFE SFI and NFI Futures & Options Contracts 2009 2008 Change % March 49,914 53,810 -7% YTD 124,151 146,520 -15% Open Interest 46,939 64,856 -28% CCFE Carbon Complex including CFI, RGGI, CCAR and WI 2009 2008 Change % March 40,484 1,887 2045% YTD 73,885 4,626 1497% Open Interest 36,734 3,282 1019% Other CCFE Products including IFEX 2009 2008 Change % March 1,126 722 56% YTD 1,516 2,993 -49% Open Interest 9,256 3,218 188% For breakdown of daily trades, please refer to websites as follows: ECX www.ecx.eu CCX www.chicagoclimateexchange.com CCFE www.ccfe.com Richard Sandor, Chairman of Climate Exchange plc, said: "We continue to see growth in interest and volumes across our markets, with an outstanding quarter for CCFE and ECX. And we end this period with further progress towards cap-and-trade legislation in the United States, where consensus has been reached in the House Energy and Commerce Committee among Representatives Waxman, Markey, Dingell and Boucher. This is a very positive first step in the legislative process of establishing a national framework for a reduction and trading system in the United States, which offers a strong potential for our company." Neil Eckert, CEO of Climate Exchange plc, said: "This represents consecutive monthly records at both ECX and significantly CCFE. This concludes a wonderful Q1 where growth has exceeded our expectations." Contact Richard Sandor, Chairman Climate Exchange plc 001 312 554 3370 and Chairman & CEO Chicago Climate Exchange Neil Eckert, CEO Climate Exchange plc 0207 382 7801 Patrick Birley, CEO European Climate Exchange 0207 382 7818 Ivonne Cantu, Cenkos Securities plc 0207 397 8900 Peter Rigby/Alex Parry, Haggie Financial 0207 417 8989 / 07813 808 738 About Climate Exchange plc Climate Exchange plc is a holding company whose subsidiaries are principally engaged in owning, operating and developing exchanges to facilitate trading in environmental financial instruments including emissions reduction credits in both voluntary and mandatory markets. Its three main businesses are the European Climate Exchange (ECX) which operates the leading derivatives exchange focused on compliance certificates for the mandatory European Emissions Trading Scheme, Chicago Climate Exchange (CCX) which operates a voluntary but contractually binding cap and trade system for greenhouse gas emissions in the U.S., and the Chicago Climate Futures Exchange (CCFE) the leading U.S. regulated environmental products exchange whose contracts include mandatory U.S. emissions such as SO2 , NOx and RGGI CO2. www.climateexchange.com About European Climate Exchange The European Climate Exchange (ECX) manages product development and marketing of futures, options and spot contracts based on CO2 EU allowances (EUAs) traded under the EU Emissions Trading Scheme and Certified Emission Reductions (CERs) issued under the Kyoto Protocol. ECX contracts are listed and traded on the ICE Futures electronic platform, offering a central marketplace for emissions trading alongside other energy commodities with standardised contracts and clearing guarantees. ECX/ ICE Futures is the most liquid Exchange for carbon derivatives trading. More than 100 businesses have signed up for direct membership to trade ECX products. In addition, several thousand ICE clients can access the market via banks and brokers. www.ecx.eu About Chicago Climate Exchange, Inc. and Chicago Climate Futures Exchange Chicago Climate Exchange (CCX) is a financial services business whose objectives are to apply financial innovation and incentives to advance social, environmental and economic goals. CCX is the world's first and North America's only contractually binding rules-based greenhouse gas emissions allowance trading system, as well as the world's only global system for emissions trading based on all six greenhouse gases. CCX members are leaders in greenhouse gas management and represent all sectors of the global economy, as well as public sector innovators. Greenhouse gas emission reductions achieved through CCX are the only reductions in North America being achieved through a legally binding compliance regime. Independent third party verification is provided by FINRA. For a full list of CCX members, daily prices and other Exchange information please see the CCX website. The Chicago Climate Futures Exchange (CCFE), a wholly owned subsidiary of the Chicago Climate Exchange, is a CFTC designated contract market which offers standardized and cleared futures contracts on emission allowances and other environmental products. Clearing services are provided by The Clearing Corporation. Market surveillance services are provided by the National Futures Association, the industry wide, self-regulatory organization for the U.S. futures industry. www.chicagoclimateexchange.com www.ccfe.com This information is provided by RNS The company news service from the London Stock Exchange END
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