(MS-28) NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

Member Services
Notice No. MS-28
May 4, 2001

COMMODITY EXCHANGE, INC.

NOTICE OF INTENTION TO TRANSFER MEMBERSHIP

Notice of Intention to Transfer their Sole Membership has been posted on t=
he=20
bulletin board of the Exchange by:

Stephen Willner (SPW-247)

In connection therewith, notification of any claims against the=20
aforementioned individual(s) arising out of transactions executed on the=20
Exchange up to the close of business on October 20, 2000, must be submitted=
=20
to the Corporate Secretary=01,s Office within ten (10) days.

Inquiries regarding the above should be directed to the Member Services=20
Department at (212) 299-2370.

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