New York, 4 April 2011

Platts’ physical price data have been selected as the basis for 13 new exchange contracts for crude oil and refined petroleum products by the IntercontinentalExchange ( ICE), a U.S.-based operator of derivatives and over-the-counter (OTC) markets. Platts is a leading global energy, petrochemicals and metals information provider and a top publisher of global benchmark price references.

“The expanding utilization of Platts data in exchange-traded contracts underlines our lead role in price benchmark development worldwide,” said Gerald Bueshel, Platts director of global licensing.  “We are committed to delivering trading solutions through our active engagement with industry principals and exchanges, with the goal of providing fully transparent reference prices.”

With today’s launch, the total number of ICE energy contracts settled and cleared against physical market price assessments published by Platts is approximately 125.

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The Platts price assessments data, licensed by ICE for its new contracts, appear in such Platts publications as Platts European Marketscan, Platts U.S. Marketscan and Platts Asia-Pacific/Arab Gulf Marketscan. The daily price assessments reflect values as determined between buyer and seller in the open market and represent the value at the close of the physical market trading day.

www.platts.com