VOLUME 22 – BULLETIN #004 Nominations for Board of Governors

VOLUME 22 – BULLETIN #004

TO:	ALL CLEARING MEMBERS
FROM:	DENNIS A. DUTTERER PRESIDENT AND CHIEF EXECUTIVE OFFICER
DATE:	January 7, 2002
SUBJECT:	Nominations for Board of Governors

The Annual Meeting of Stockholders will be held on Wednesday, February 20, 2002. At this Annual Meeting, one Governor will be elected from "Group A Clearing Members" by all firms voting on a one share-one vote basis and two Governors will be elected from "At Large Clearing Members" by all firms voting on a one shareholder-one vote basis.

You are hereby notified that the Nominating Committee of the Board of Trade Clearing Corporation has nominated the following individuals for election to the Board of Governors of the Board of Trade Clearing Corporation for a three-year term beginning February, 2002 and ending February, 2005. The Governor position for which the candidate has been nominated is indicated in parentheses.

Alex Ladouceur, Prudential Securities Incorporated		(Group A)
Kevin Collins, Deutsche Bank Futures Inc.		(At Large)
James G. McCormick, TransMarket Group L.L.C.		(At Large)

Under the provisions of Bylaw 305, any twenty stockholders may nominate by petition any other person, or persons, for Governor for that term. Petitions must be filed with the President of the Clearing Corporation by 3:00 p.m. on the twenty-first calendar day (January 30, 2002) before the annual meeting of stockholders and must specify whether the candidate is for a Group A or At Large Governor position.

Should you have any questions, please contact Nancy Brooks, Vice President, General Counsel and Secretary, at (312) 786-5711 or Robert G. Hertel, Jr. Associate General Counsel, at (312) 786-5743.