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ICE Futures U.S. Announces Introduction of Serial Options on Russell Index Futures; Achieves New Volume and Open Interest Records

May 19, 2008

ATLANTA, May 19 /PRNewswire-FirstCall/ -- ICE Futures U.S.(TM), a wholly owned subsidiary of IntercontinentalExchange, Inc., today announced the introduction of floor-based mini options, including serial options, on the mini Russell 1000(R) and mini Russell 2000(R) Index futures contracts. Beginning today, May 19, the mini Russell 1000 and mini Russell 2000 Index options will be available in open-outcry trading on the ICE Futures U.S. trading floor in New York. Serial option contract months for both of the mini index contracts have also been introduced. The contract months for serial options are January, February, April, May, July, August, October and November.

On Friday, May 16, ICE Futures U.S. recorded a daily volume record of 6,110 contracts in the mini Russell 2000 futures contract as a result of increased participation in the Russell Index markets on ICE. Open interest in the September contracts of the Russell 2000 full-size and mini contracts reached a record 29,083 mini equivalent contracts, representing the highest level of September open interest in comparable products on any exchange today.

Detailed information about trading the Russell contracts on ICE, including applications for the previously announced Chicago Exchange Member incentive program, are available at www.theice.com/russell .

About IntercontinentalExchange

IntercontinentalExchange(R) (NYSE: ICE) is a leading operator of global exchanges and over-the-counter (OTC) markets. ICE offers futures and OTC markets on a single trading platform, including markets for crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities and financial products such as canola, cocoa, coffee, cotton, ethanol, orange juice, wood pulp, sugar, foreign currency and equity index futures and options. ICE(R) conducts its energy futures markets, including the leading oil benchmark contracts, through its London-based exchange, ICE Futures Europe(TM). ICE conducts its global agricultural commodity, foreign exchange and equity index futures markets through its U.S. and Canadian exchanges, ICE Futures U.S.(TM) and ICE Futures Canada(TM), and offers clearing services through ICE Clear U.S.(TM) and ICE Clear Canada(TM). ICE's state-of-the-art electronic trading platform serves market participants in more than 55 countries. ICE is included in the Russell 1000(R) Index and the S&P 500 Index. Headquartered in Atlanta, ICE has offices in Calgary, Chicago, Houston, London, New York, Singapore and Winnipeg. For more information, please visit 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 such 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, as filed with the SEC on February 13, 2008.

SOURCE IntercontinentalExchange

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