Chicago Mercantile Exchange Holdings Inc. Names Slate of Director Nominees

CHICAGO, Feb 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- Chicago Mercantile Exchange Holdings Inc. (NYSE: CME) announced that it has approved the slate of candidates for election to serve on the company's Board of Directors. CME shareholders will vote for directors at the company's annual meeting to be held Wednesday, April 27, 2005.

The nominees for election to CME's Board of Directors include seven candidates for the position of "equity" director. These directors are elected by Class A and Class B shareholders voting together as a single class. Holders of Class B-1, Class B-2 and Class B-3 shares will also vote on the election of one director for the class(es) in which they hold shares.

The following are the seven equity director candidates, all of whom are currently on CME's Board:

• Terrence A. Duffy, 46, Chairman of the Board of CME
• Craig S. Donohue, 43, Chief Executive Officer of CME
• Daniel R. Glickman, 60, President & Chief Executive Officer, Motion Picture Association of America
• William P. Miller II, 49, Senior Risk Manager, Abu Dhabi Investment Authority
• James E. Oliff, 56, President & Chief Executive Officer, Ffast Trade U.S., LLC; Chairman and CEO, FfastFill Inc.; Executive Director, International Futures and Options Associates; President, FILO Corp.; Vice Chairman of the Board of CME
• John F. Sandner, 63, Chairman, E*Trade Futures, LLC; Special Policy Advisory to CME and former Chairman of the Board of CME
• Terry L. Savage, 60, financial journalist, author and President of Terry Savage Productions, Ltd.

Nominees for Class B-1 directors are:

• Don H. Nadick, 54, Chief Executive Officer & President, Electronic Broker Services
• William G. Salatich, Jr., 53, independent floor broker and trader and Director of CME

Nominees for Class B-2 directors are:

• Bruce L. Goldman, 47, independent floor trader
• David J. Wescott, 47, President, The Wescott Group Ltd. and Director of CME

Nominees for Class B-3 directors are:

• Gary M. Katler, 58, Vice President, O'Connor & Co. LLC and Director of CME
• Robert J. Prosi, 57, independent floor trader
• Howard J. Reinglass, 50, independent floor trader

Class B shareholders elect the nominating committee for their respective class. All directors are to be elected for two-year terms at CME's annual meeting, which will be held on Wednesday, April 27.

Chicago Mercantile Exchange Holdings Inc. is the parent company of Chicago Mercantile Exchange Inc. ( http://www.cme.com ), the largest futures exchange in the United States based on notional value, trading volume and open interest. On Dec. 6, 2002, CME Holdings and its subsidiary became the first publicly traded U.S. financial exchange. As an international marketplace, CME brings together buyers and sellers on its CME Globex around-the-clock electronic trading platform and on its trading floors. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved approximately $1.5 billion per day in settlement payments in 2004 and managed $44.1 billion in collateral deposits at Dec. 31, 2004, including $3.1 billion in deposits for non-CME products.

Statements in this news release that are not historical facts are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, including our most recent Quarterly Report on Form 10-Q, which can be obtained at its Web site at http://www.sec.gov . We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Further information about Chicago Mercantile Exchange Holdings Inc. and Chicago Mercantile Exchange Inc. is available on the CME Web site at http://www.cme.com .

SOURCE Chicago Mercantile Exchange Holdings Inc.

media, Anita S. Liskey, +1-312-466-4613, or Bill Parke, +1-312-930-3467, or news@cme.com , or investors, John Peschier, +1-312-930-8491, all of Chicago Mercantile Exchange Holdings Inc.