Contract Specifications

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Contract Specifications

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Contract Specifications

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SFE SPI 200

™1

Index Futures ...5

Options on SFE SPI 200

™1

Index Futures ...6

Serial Options on SFE SPI 200

™1

Index Futures ...7

Australian Dollar Futures ...8

30 Day Interbank Cash Rate Futures ...9

90 Day Bank Accepted Bills Futures ...10

Options on 90 Day Bank Accepted Bills Futures ...11

Serial Options on 90 Day Bank Accepted Bills Futures ...12

3 Year Commonwealth Treasury Bond Futures ...13

Options on 3 Year Commonwealth Treasury Bond Futures ...14

3 Year Interest Rate Swap Futures ...15

Intra-Day Options on 3 Year Commonwealth Treasury Bond Futures ...16

Overnight Options on 3 Year Commonwealth Treasury Bond Futures...17

Serial Options on 3 Year Commonwealth Treasury Bond Futures ...18

10 Year Commonwealth Treasury Bond Futures ...19

Options on 10 Year Commonwealth Treasury Bond Futures ...20

10 Year Interest Rate Swap Futures ...21

Intra-Day Options on 10 Year Commonwealth Treasury Bond Futures ...22

Overnight Options on 10 Year Commonwealth Treasury Bond Futures...23

Serial Options on 10 Year Commonwealth Treasury Bond Futures ...24

Fine Wool Futures (19 Micron) ...25

Broad Wool Futures (23 Micron) ...26

Greasy Wool Futures (21 Micron)...27

Options on Greasy Wool Futures (21 Micron) ...28

MLA/SFE Cattle Futures ...29

d-cypha SFE Base Load, Peak Period and Strip Electricity ...30

Alumina Individual Share Futures...31

Amcor Individual Share Futures...32

Ansell Individual Share Futures...33

AMP Individual Share Futures (AM) ...34

AMP Individual Share Futures (PM)...35

ANZ Bank Individual Share Futures (AN)...36

ANZ Bank Individual Share Futures (AZ)...37

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BlueScope Steel Individual Share Futures...39

Boral Individual Share Futures ...40

Brambles Industries Individual Share Futures...41

BHP Billiton Individual Share Futures...42

Coca-Cola Amatil Individual Share Futures...43

Coles Myer Individual Share Futures...44

Commonwealth Bank Individual Share Futures (cash settled) ...45

Commonwealth Bank Individual Share Futures ...46

Fosters Group Individual Share Futures...47

Insurance Australia Group Individual Share Futures ...48

John Fairfax Holdings Individual Share Futures ...49

Lend Lease Corp Individual Share Futures ...50

Lihir Gold Individual Share Futures ...51

Mayne Group Individual Share Futures ...52

National Australia Bank Individual Share Futures...53

Newcrest Mining Individual Share Futures ...54

News Corporation Individual Share Futures ...55

Publishing & Broadcasting Individual Share Futures ...56

Qantas Airways Individual Share Futures ...57

QBE Insurance Individual Share Futures ...58

Rinker Group Individual Share Futures ...59

Rio Tinto Individual Share Futures ...60

Southcorp Individual Share Futures...61

St George Bank Individual Share Futures ...62

Suncorp-Metway Individual Share Futures ...63

Tabcorp Holdings Individual Share Futures...64

Telstra Corporation Individual Share Futures (cash settled)...65

Telstra Corporation Individual Share Futures ...66

Wesfarmers Individual Share Futures...67

Westpac Banking Corporation Individual Share Futures ...68

WMC Resources Individual Share Futures...69

Westfield Holdings Individual Share Futures ...70

Woodside Petroleum Individual Share Futures...71

Woolworths Individual Share Futures...72

SFE NZ 90 Day Bank Bill Futures ...73

SFE NZ Options on 90 Day Bank Bill Futures...75

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SFE NZ Options on 3 Year Government Stock Futures ...78

SFE NZ 10 Year Government Stock Futures...79

SFE NZ Options on 10 Year Government Stock Futures ...81

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SFE SPI 200

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Index Futures

Contract Unit: Valued at A$25 per index point (e.g. A$85,000 at 3,400 index points). Contract Months: March/June/September/December up to six quarter months ahead.

Commodity Code: AP

Listing Date: 02/05/2000

Minimum Price Movement: One index point (A$25)

Last Trading Day: All trading in expiring contracts ceases at 12.00pm on the Third Thursday of the settlement month. Non-expiring contracts will continue to trade as per the stated trading hours.3

Cash Settlement Price: The Special Opening Quotation of the underlying S&P/ASX 2002 Index on the Last Trading Day. The Special Opening Quotation is calculated using the first traded price of each component stock in the S&P/ASX 2002 Index on the Last Trading Day, irrespective of when those stocks first trade in the ASX trading day. This means that the first traded price of each component stock may occur at any time between ASX market open and ASX market close (including the Closing Single Price Auction) on the Last Trading Day.

Should any component stock not have traded by ASX market close on the Last Trading Day, the last traded price of that stock will be used to calculate the Special Opening Quotation.

Trading Hours: 5.10pm – 7.00am and 9.50am – 4.30pm3 (during US daylight saving time)4 5.10pm – 8.00am and 9.50am – 4.30pm3 (during US non daylight saving time)4

Settlement Day: The first business day after expiry, SFE Clearing publishes the final settlement price of the contract. On the second business day after expiry, SFE Clearing settles cash flows as a result of the settlement price.

Last Modified: 11/04/02 1

SPI 200TM_{is a trademark of the Sydney Futures Exchange.}

2

"S&P/ASX 200" is a trademark of Standard & Poor’s. The trademark is used under licence by the Sydney Futures Exchange.

3

Unless otherwise indicated, all times are Sydney times. 4

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Options on SFE SPI 200

™1

Index Futures

Contract Unit: Valued at A$25 per index point (e.g. A$85,000 at 3,400 index points). SFE SPI 200™1 index options expire in the same calendar month as the underlying SFE SPI 200™1 index futures contract.

Contract Months: Put and Call options available on existing SFE SPI 200™1 index futures contracts.

Listing Date: 02/05/2000

Minimum Price Movement: 0.5 index points (A$12.50)

Exercise Prices: Set at intervals of 25 index points. New option exercise prices created automatically as the underlying futures contract price fluctuates. Last Trading Day: The last day of trading of the underlying futures contract.

All trading in expiring contracts ceases at 12.00pm on the Last Trading Day. Non-expiring contracts will continue to trade as per the stated trading hours.2

Cash Settlement Price: The Cash Settlement Price of the underlying futures contract.

Settlement Day: Options may be exercised on any business day up to and including the Last Trading Day. Only ‘in-the-money’ options are automatically exercised at expiry, unless abandoned. Upon exercise, the holder will receive an underlying SFE SPI 200™1 index futures contract position at the option strike price.

SPI 200TM

is a trademark of the Sydney Futures Exchange 2

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Serial Options on SFE SPI 200

™1

Index Futures

Contract Unit: Valued at A$25 per index point (e.g. A$85,000 at 3,400 index points).

SFE SPI 200™1 index serial options are those options that do not expire in the same calendar month as the underlying SFE SPI 200™1 index futures contract.

Contract Months: Serial Options are listed in non-financial quarter months with two serial option months listed at all times. Put and call options are available based on the SFE SPI 200™1 index futures contract that expires in the financial quarter month immediately following the respective serial month.

Listing Date: 02/05/2000

Minimum Price Movement: 0.5 index points (A$12.50)

Exercise Prices: Set at intervals of 25 index points. New option exercise prices created automatically as the underlying futures contract price fluctuates.

Last Trading Day: SFE SPI 200™1 serial options cease trading at 12.30pm on the last business day of the serial option month.2

Cash Settlement Price The Cash Settlement Price is taken from the underlying futures contract at 12.30pm.2

Settlement Day: Options may be exercised on any business day up to and including the day of expiry. Only ‘in-the-money’ options are automatically exercised at expiry, unless abandoned. Upon exercise, the holder will receive an underlying SFE SPI 200™1 index futures contract position at the option strike price.

SPI 200TM

is a trademark of the Sydney Futures Exchange 2

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Australian Dollar Futures

Contract Unit: One hundred thousand Australian dollars (AUD 100,000) Contract Months: March/June/September/December

Commodity Code: AF

Listing Date: 06/02/2001

Minimum Price Movement: Prices are quoted in terms of US dollars per Australian dollar with the minimum tick fluctuation of USD 0.0001 (one point) = USD 10.00

Last Trading Day: One business day prior to the third Wednesday of the delivery month. On this day, trading terminates at 11.00am or such other time as determined by the Board of SFE.1

Settlement Price: The arithmetic mean of price quotations taken between 3 selected periods, 10.00am to 10.05am, 10.15am to 10.20am and 10.30am to 10.35am on the last day of trading from at least five Australian Dollar foreign exchange dealers, which will be used to determine ISPs and ESP.1

Settlement Day: Delivery will be made on the 3rd Wednesday of the contract month. during US daylight saving time2

Mon: 6.00am – 2.30pm and 3.00pm – 2.30pm

Tues to Fri: 3.00pm – 2.30pm

Fri to Sat: 3.00pm – 7.00am

during US non daylight saving time2

Mon: 6.00am – 2.30pm and 3.00pm – 2.30pm

Tues to Fri: 3.00pm – 2.30pm

Trading Hours:

Fri to Sat: 3.00pm – 7.30am

Settlement Method: Holders of bought positions shall on the settlement day receive Australian Dollars and give United States Dollars. Holders of sold positions shall on the settlement day give Australian Dollars and receive United States Dollars.

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30 Day Interbank Cash Rate Futures

Contract Unit: Average monthly Interbank Overnight Cash Rate payable on a notional sum of AUD 3,000,000

Contract Months: Monthly up to 12 months ahead Commodity Code: IB

Listing Date: 11/08/2003

Minimum Price Movement: Quoted in yield percent per annum in multiples of 0.005%, for quotation

purposes yield is deducted from 100. A one basis point move of 0.01% is equal to $24.66

Last Trading Day: Trading shall cease at 12.00pm on the last business day of the expiry month Settlement Day: The second business day after the Last Trading Day

Trading Hours: 5.10pm – 7.30am and 8.30am – 4.30pm1 (US non daylight saving time2)

5.10pm – 7.00am and 8.30am – 4.30pm1 (US daylight saving time2)

Settlement Price: The Cash Settlement Price is equal to 100 minus the cash settlement rate, where the cash settlement rate is the monthly average of the Interbank

Overnight Cash Rate for that contract month calculated by taking the sum of the daily Interbank Overnight Cash Rate, as published by the Reserve Bank of Australia, divided by the number of days for that month. On weekends and public holidays, when no Interbank Overnight Cash Rate is published the Cash Rate published on the previous business day will be used for settlement price calculation. The Cash Settlement price shall be announced to the market by 12.00pm on the first business day following the Last Trading Day. All bought and sold contracts in existence as at the close of trading in the contract month shall be settled by SFE Clearing at the cash settlement price1.

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90 Day Bank Accepted Bills Futures

Contract Unit: A$1,000,000 face value 90-Day Bank Accepted Bills of exchange or EBAs.1 Contract Months: March/June/September/December up to twenty quarter months or five years

ahead. Commodity Code: IR

Listing Date: 17/10/1979

Minimum Price Movement: One hundred minus annual percentage yield quoted to two decimal places. (The minimum fluctuation of 0.01% equals approximately $24 per contract, varying with the level of interest rates).

Last Trading Day: 12.00 noon on the business day immediately prior to settlement day.2 Settlement Day: The second Friday of the delivery month.

Settlement Method: Ten bank accepted bills or EBAs or ten bank negotiable certificates of deposit (NCDs) or ECDs each of face value A$100,000, or two bank accepted bills or EBAs or bank negotiable certificates of deposit or ECDs each of face value A$500,000 or one bank accepted bill or EBA or bank negotiable certificate of deposit or ECD of face value A$1,000,000 maturing 85-95 days from settlement day.

EBAs and ECDs are electronically recorded debt obligations as defined within the definition of “Dematerialised Security” in the Operating Manual of Austraclear Limited.

Buyers and Sellers should note the following in relation to the two types of bills:

(i) an EBA is not the legal equivalent of a bill of exchange under the Bills of Exchange Act and accordingly delivery of an EBA may not be the same as delivery of a bank accepted bill of exchange under the Bills of Exchange Act.

(ii) the Bills of Exchange Act is a Commonwealth Act which grants and guarantees rights of title, enforcement and negotiability to instruments which qualify as bills of exchange under the Act. (iii) an EBA is not a bill of exchange unless and until it is uplifted from the Austraclear Limited system in

accordance with the Regulations and Operating Manual of Austraclear Limited AND the uplifted EBA satisfies the requirements of a bill of exchange under the Bills of Exchange Act.

It is expected that in most cases the subject of delivery under the contract will be an EBA, however where a Seller intends to deliver an EBA and a Buyer requires the delivery of a bill of exchange in accordance with the Bills of Exchange Act, the Seller shall be required to uplift the EBA and re-lodge a bill of exchange in accordance with the Bills of Exchange Act as required by the Market By-Laws.

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Options on 90 Day Bank Accepted Bills Futures

Contract Unit: One A$1,000,000 face value 90-Day Bank Accepted Bills futures contract for a specified contract month on the Sydney Futures Exchange.

Contract Months: Put and Call options available on futures contracts up to eight quarter months ahead.

Commodity Code: IR

Listing Date: 10/05/1985

Minimum Price Movement: Quoted in yield per cent per annum in multiples of 0.005 per cent.

Exercise Prices: Set at intervals of 0.25 per cent per annum yield. New option exercise prices created automatically as the underlying futures contract price moves.

Contract Expiry: At 12.30pm on the Friday one week prior to the settlement day for the underlying futures contract.1

Trading Hours: 5.10pm – 7.00am and 8.30am – 4.30pm1 (during US daylight saving time)2 5.10pm – 7.30am and 8.30am – 4:30pm1 (during US non daylight saving time)2

Settlement Method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned.

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Serial Options on 90 Day Bank Accepted Bills Futures

Contract Unit: One A$1,000,000 face value 90-Day Bank Accepted Bills futures contract for a specified contract month on the Sydney Futures Exchange.

Contract Months: Serial Options are listed in non-financial quarter months with two serial option months listed at all times. Put and call options are available based on a futures contract which expires in the financial quarter month immediately following the respective serial month.

Commodity Code: IR

Listing Date: 4/08/2003

Contract Expiry: At 12.30pm on the first Friday of the Serial Option month.

Trading Hours: 5.10pm – 7.00am and 8.30am – 4.30pm1 (US daylight saving time)2 5.10pm – 7.30am and 8.30am – 4.30pm1 (US non daylight saving time)2

Settlement Method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned. Upon exercise, the holder will receive a futures position at the option strike price. Buyers may exercise or abandon positions held by lodging a notice of manual exercise or abandonment with SFE Clearing prior to contract expiry. Settlement price is taken from the underlying futures market at

12.30pm. Obtained by taking the midpoint between the futures bid and ask quotations rounded up.

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3 Year Commonwealth Treasury Bond Futures

Contract Unit: Commonwealth Government Treasury Bonds with a face value of A$100,000, a coupon rate of 6% per annum and a term to maturity of three years, no tax rebate allowed.

Contract Months: March/June/September/December up to two quarter months ahead.

Commodity Code: YT

Listing Date: 16/03/2001

Minimum Price Movement: Prices are quoted in yield per cent per annum in multiples of 0.01 per cent. For quotation purposes the yield is deducted from an index of 100. The minimum fluctuation of 0.01 per cent equals approximately $28 per contract, varying with the level of interest rates.

Last Trading Day: The fifteenth day of the contract month (or the next succeeding business day where the fifteenth day is not a business day). Trading ceases at 12.00 noon.1

Settlement Day: The business day following the last permitted day of trading.

Settlement Method: The arithmetic mean, taken at 9.45 am, 10.30 am and 11.15 am on the last day of trading by 10 dealers, randomly selected for each time, at which they would buy and sell a series of bonds previously declared by SFE for that contract month, excluding the two highest and two lowest buying quotations and the two highest and two lowest selling quotations for each bond. All bought and sold contracts in existence as at the close of trading in the contract month shall be settled by the Clearing House at the cash settlement price.1

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Options on 3 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 3 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange. Contract Months: Put and call options available on futures contracts up to two quarter months

ahead.

Listing Date: 16/03/2001

Contract Expiry: At 12.00 noon on the last day of trading in the underlying futures contract.1 Trading Hours: 5.10pm – 7.00am and 8.30am – 4.30pm1 (during US daylight saving time)2

5.10pm – 7.30am and 8.30am – 4.30pm1 (during US non daylight saving time)2

Settlement Method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned.

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3 Year Interest Rate Swap Futures

Contract Unit: AUD100,000 swap based on a 6.5% coupon and a term to maturity of three years.

Contract Months: March/ June/September/December up to two quarter months ahead

Commodity Code: YS

Minimum Price Move: Prices are quoted in yield per cent per annum in multiples of 0.01%. For quotation purposes the yield is deducted from an index of 100. The minimum fluctuation of 0.01% equals approximately $28 per contract, varying with the level of interest rates.

Last Day of Trading: The Business Day preceding the second Friday of an expiry month. Trading ceases at 12:00 noon1.

Trading Hours: 5.10pm - 7.00am and 8.30am - 4.30pm1 (during US daylight saving time)2 5.10pm - 7.30am and 8.30am - 4.30pm1 (during US non daylight saving time)2 Settlement Day: The business day following the last permitted day of trading.

Settlement Method: The arithmetic mean of quotes, taken at 9.45 am, 10.30 am and 11.15 am on the last day of trading, provided by eight dealers randomly selected for each time, at which they would receive and pay a swap that exchanges quarterly fixed rate payments against quarterly floating rate payments for a term of 3 years for that contract month. The highest and lowest receiving quotations and the highest and lowest paying quotations for each swap contract are excluded. Quotes are to be provided as an outright swap yield. All bought and sold contracts in existence as at the close of trading in the contract month shall be settled by the SFE Clearing Corporation at the cash settlement price.1

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Intra-Day Options on 3 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 3 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange Limited.

Contract Months: Put and call options available on futures contracts for the nearest quarter month ahead.

Commodity Code: YD

Minimum Price Move: Quoted in yield per cent per annum in multiples of 0.005 per cent.

Exercise Prices: Set at intervals of 0.01 per cent per annum yield. Nine option exercise prices are available for trading with additional strike prices listed at the discretion of the Trading Manager or the Chief Executive of SFE.

Contract Expiry: At 4.10pm in the SYCOM® session in which the contract was listed for trading.1

Last Day of Trading: The business day prior to the last day of trading in the underlying futures contract. On the last day of trading of the underlying futures contract put and call options will be listed on the next quarter month.

Trading Hours: 8.30am – 4.10pm1

Settlement Method: All options, which are in-the-money, are automatically exercised. Exercise of an option results in the holder receiving a futures position at the options strike price. The settlement price is the weighted average of trade prices executed in the underlying futures contract between 4.15pm and 4.25pm. Calculation of the settlement price is to three decimal places and rounded to two decimal places. When the third decimal place is five or above, the weighted average of trade prices is rounded up to the next highest decimal place.1

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Overnight Options on 3 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 3-Year Treasury Bond futures contract for a specified contract month on the Sydney Futures Exchange.

Commodity Code: YO

Listing Date: 18/06/2001

Minimum Price Movement: Quoted in yield per cent per annum in multiples of 0.005 per cent

Contract Expiry: At the cessation of each SYCOM® session.

Trading Hours: 5.10pm – 7.00am1 (during US daylight saving time)2 5.10pm – 7.30am1 (during US non daylight saving time)2

Settlement Method: All options, which are in-the-money, are automatically exercised on the business day immediately following the SYCOM® session. Exercise of an option results in the holder receiving a futures position at the options strike price. The settlement price is the weighted average of trade prices executed in the underlying contract between 8.30am and 8.40am on the business day immediately following the SYCOM® session. Calculation of the settlement price is to 3 decimal places and rounded to 2 decimal places. When the third decimal place is five or above, the arithmetic mean is rounded up to the next highest decimal place.1

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Serial Options on 3 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 3 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange. Contract Months: Serial Options are listed in non-financial quarter months with two serial option

months listed at all times. Put and call options are available based on a futures contract which expires in the financial quarter month immediately following the respective serial month.

Listing Date: 18/04/2001

Exercise Prices: Set at intervals of 0.10 per cent per annum yield.New option exercise prices created automatically as the underlying futures contract price moves. Contract Expiry: At 12.30pm on the fifteenth day of the Serial Option month or should the

fifteenth not be a business day, the next succeeding business day.1

Settlement Method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned. Upon exercise, the holder will receive a futures position at the option strike price. Buyers of in-the-money or out-of-the-money options may exercise or abandon positions held by lodging a notice of manual exercise or abandonment with SFE Clearing by no later than 1.00pm on the final day of trading. Settlement price is taken from the underlying futures market at 12.30pm. Obtained by taking the midpoint between the futures bid and ask quotations rounded up.

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10 Year Commonwealth Treasury Bond Futures

Contract Unit: Commonwealth Government Treasury Bonds with a face value of A$100,000, a coupon rate of 6% per annum and a term to maturity of ten years, no tax rebate allowed

Contract Months: March/June/September/December up to two quarter months ahead.

Commodity Code: XT

Listing Date: 16/03/2001

Minimum Price Movement: Prices are quoted in yield per cent per annum in multiples of 0.005 per cent. For quotation purposes the yield is deducted from an index of 100. The minimum fluctuation of 0.005 per cent equals approximately $40 per contract, varying with the level of interest rates.

Last Trading Day: The fifteenth day of the contract month (or the next succeeding business day where the fifteenth day is not a business day). Trading ceases at 12.00 noon.1

Settlement Day: The business day following the last permitted day of trading.

Settlement Method: The arithmetic mean, taken at 9.45 am, 10.30 am and 11.15 am on the last day of trading by 10 dealers, randomly selected for each time, at which they would buy and sell a series of bonds previously declared by SFE for that contract month, excluding the two highest and two lowest buying quotations and the two highest and two lowest selling quotations for each bond. All bought and sold contracts in existence as at the close of trading in the contract month shall be settled by the Clearing House at the cash settlement price.1

Unless otherwise indicated, all times are Sydney times.

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Options on 10 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 10 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange. Contract Months: Put and call options available on futures contracts up to two quarter months

ahead.

Listing Date: 16/03/2001

Exercise Prices: Set at intervals of 0.10 per cent per annum yield.New option exercise prices created automatically as the underlying futures contract price moves.

Contract Expiry: At 12.00 noon on the last day of trading in the underlying futures contract (the fifteenth day of the month or the next succeeding business day).1

Settlement method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned.

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10 Year Interest Rate Swap Futures

Contract Unit: AUD100,000 swap based on a 6.5% coupon and a term to maturity of ten years.

Contract Months: March/ June/September/December up to two quarter months ahead

Commodity Code: XS

Minimum Price Move: Prices are quoted in yield per cent per annum in multiples of 0.005%. For quotation purposes the yield is deducted from an index of 100. The minimum fluctuation of 0.005% equals approximately $36 per contract, varying with the level of interest rates.

Last Day of Trading: The Business Day preceding the second Friday of an expiry month. Trading ceases at 12:00 noon1.

Trading Hours: 5.10pm - 7.00am and 8.30am - 4.30pm1 (during US daylight saving time)2 5.10pm - 7.30am and 8.30am - 4.30pm1 (during US non daylight saving time)2 Settlement Day: The business day following the last permitted day of trading.

Settlement Method: The arithmetic mean of quotes, taken at 9.45 am, 10.30 am and 11.15 am on the last day of trading, provided by eight dealers randomly selected for each time, at which they would receive and pay a swap that exchanges semi-annual fixed rate payments against semi-annual floating rate payments for a term of 10 years for that contract month. The highest and lowest receiving quotations and the highest and lowest paying quotations for each swap contract are excluded. Quotes are to be provided as an outright swap yield. All bought and sold contracts in existence as at the close of trading in the contract month shall be settled by the SFE Clearing Corporation at the cash settlement price. 1

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Intra-Day Options on 10 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 10 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange Limited.

Commodity Code: XD

Minimum Price Move: Quoted in yield per cent per annum in multiples of 0.005 per cent.

Contract Expiry: At 4.10pm in the SYCOM® session in which the contract was listed for trading.1

Last Day of Trading: The business day prior to the last day of trading in the underlying futures contract On the last day of trading of the underlying futures contract put and call options will be listed on the next quarter month.

Settlement Method: All options, which are in-the-money, are automatically exercised. Exercise of an option results in the holder receiving a futures position at the options strike price. The settlement price is the weighted average of trade prices executed in the underlying futures contract between 4.15pm and 4.25pm. Calculation of the settlement price is to four decimal places and rounded to the nearest multiple of 0.005 per cent. When rounding, if the third and fourth decimal places are two and five or seven and five respectively, the weighted average of trade prices is rounded up to the next highest multiple of 0.005 per cent.1

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Overnight Options on 10 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 10-Year Treasury Bond futures contract for a specified contract month on the Sydney Futures Exchange. Contract Months: Put and call options available on futures contracts for the nearest quarter

month ahead.

Commodity Code: XO

Listing Date: 18/06/2001

Minimum Price Movement: Quoted in yield per cent per annum in multiples of 0.005 per cent

Contract Expiry: At the cessation of each SYCOM® session.

Trading Hours: 5.10pm – 7.00am1 (during US daylight saving time)2 5.10pm – 7.30am1 (during US non daylight saving time)2

Settlement Method: All options, which are in-the-money, are automatically exercised on the business day immediately following the SYCOM® session. Exercise of an option results in the holder receiving a futures position at the options strike price. The settlement price is the weighted average of trade prices executed in the underlying contract between 8.30am and 8.40am on the business day immediately following the SYCOM® session. Calculation of the settlement price is to 4 decimal places. When rounding, if the third and fourth decimal places are two and five or seven and five respectively, the arithmetic mean is rounded to the next highest multiple of 0.005 per cent.1

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Serial Options on 10 Year Commonwealth Treasury Bond Futures

Contract Unit: One A$100,000 face value, 6% coupon, 10 Year Treasury Bond Futures contract for a specified contract month on the Sydney Futures Exchange. Contract Months: Serial Options are listed in non-financial quarter months with two serial option

months listed at all times. Put and call options are available based on a futures contract which expires in the financial quarter month immediately following the respective serial month.

Listing Date: 18/04/2001

Exercise Prices: Set at intervals of 0.10 per cent per annum yield.New option exercise prices created automatically as the underlying futures contract price moves. Contract Expiry: At 12.30pm on the fifteenth day of the Serial Option month or should the

fifteenth not be a business day, the next succeeding business day.1

Settlement Method: Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned. Upon exercise, the holder will receive a futures position at the option strike price. Buyers of in-the-money or out-of-the-money options may exercise or abandon positions held by lodging a notice of manual exercise or abandonment with SFE Clearing by no later than 1.00pm on the final day of trading. Settlement price is taken from the underlying futures market at 12.30pm. Obtained by taking the midpoint between the futures bid and ask quotations rounded up.

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Fine Wool Futures (19 Micron)

Contract Unit: The equivalent of 2,500 kilograms clean weight of merino combing fleece (approximately 20 farm bales).

Contract Months: February/April/June/August/October/December up to 18 months ahead.

Commodity Code: FW

Listing Date: 19/01/1998

Minimum Price Movement: Prices are quoted in cents per kilogram clean weight. (The minimum fluctuation of 1 cent per kilogram is equal to A$25 per contract).

Last Trading Day: The last business day of trading will be publicised by SFE. Trading ceases at 12.00 noon.1

Settlement Day: The cash settlement day of the contract will be the first business day after the final trading day.

Trading Hours: 5.10pm – 7.00am and 10.30am – 4.00pm1 (during US daylight saving time)2 5.10pm – 7.30am and 10.30am– 4.00pm1 (during US non daylight saving time)2

Settlement Method: The cash settlement price shall be the SFE 19 micron clean indicator price published by the Australian Wool Exchange (AWEX). The cash settlement value is the cash settlement price multiplied by 2,500. All bought and sold contracts in existence as at the close of trading in the contract month, shall be settled by the Clearing House at the cash settlement value.

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Broad Wool Futures (23 Micron)

Contract Unit: The equivalent of 2,500 kilograms clean weight of merino combing fleece (approximately 20 farm bales).

Commodity Code: BW

Listing Date: 19/01/1998

Minimum Price Movement: Prices are quoted in cents per kilogram clean weight. (The minimum fluctuation of 1 cent per kilogram is equal to A$25 per contract).

Last Trading Day: The last business day of trading will be publicised by SFE. Trading ceases at 12.00 noon.1

Settlement Day: The cash settlement day of the contract will be the first business day after the final trading day.

Settlement Method: The cash settlement price shall be the SFE 23 micron clean indicator price published by the Australian Wool Exchange (AWEX). The cash settlement value is the cash settlement price multiplied by 2,500. All bought and sold contracts in existence as at the close of trading in the contract month, shall be settled by the Clearing House at the cash settlement value.

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Greasy Wool Futures (21 Micron)

Contract Unit: The greasy equivalent of 2,500 kilograms clean weight of merino combing fleece (approximately 20 farm bales).

Commodity Code: GW

Listing Date: 13/03/1995

Minimum Price Movement: Prices are quoted in cents per kilogram clean weight. (The minimum fluctuation of 1 cent per kilogram is equal to A$25.00 per contract).

Last Trading Day: The last day of trading shall be the third Thursday of the contract month. Trading ceases at 12.00 noon.1

Settlement Method: The “delivery period” commences on the Friday prior to the third Thursday of the delivery month, unless that Friday is not a business day, in which case the delivery period commences on the business day immediately preceding, and in any event ends at the close of trade on the final day of trading. Standard Delivery: Good topmaking merino fleece with average fibre diameter of 21.0 microns, with measured mean staple strength of 35 n/ktx, mean staple length of 90mm, of good colour with less than 1.0% vegetable matter. Deliverable Tolerances: 2,250 to 2,750 clean weight kilograms of merino fleece wool, of good topmaking style or better, good colour, with average micron between 19.6 and 22.5 micron, measured staple length between 80mm and 100mm,

measured staple strength greater than 30 n/ktx, less than 2.0% vegetable matter. Fixed on the Friday prior to the last trading day for all deliverable wools above and below the standard, quoted in cents per kilogram clean.

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Options on Greasy Wool Futures (21 Micron)

Contract Unit: One SFE Wool futures contract for a specified contract month on Sydney Futures Exchange.

Contract Months: Put and call options available on futures contracts for February, April, June, August, October and December up to 10 calendar months ahead.

Commodity Code: GW

Listing Date: 19/02/1996

Minimum Price Movement: Quoted in cents per kilogram clean weight in multiples of one tenth of a cent. Exercise Prices: Intervals of 25 cents per kilogram.

Contract Expiry: The Friday preceding commencement of the delivery period for the

corresponding futures expiry month (or the prior business day where the Friday is not a business day).

Settlement Method: Good topmaking merino fleece with average fibre diameter of 21.0 microns, with measured mean staple strength of 35 n/ktx, mean staple length of 90mm, of good colour with less than 1.0% vegetable matter. Options may be exercised on any business day up to and including the day of expiry. In-the-money options are automatically exercised at expiry unless abandoned.

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MLA/SFE Cattle Futures

Contract Unit: 5,000 kilograms dressed weight equivalent of young cattle as represented by the Eastern Young Cattle Indicator.

Price Quotation: Prices quoted in Australian dollars per kilogram of dressed weight.

Contract Months: January, March, May, July, September, November up to 18 months ahead.

Commodity Code: CT

Listing Date: Tuesday 13 August 2002

Minimum Price Movement: The minimum fluctuation of ¼ cent per kilogram is equal to A$12.50 per contract.

Last Trading Day: The last day of trading shall be the Business Day following the third Tuesday of the Contract Month. Trading ceases at 4:00pm.

Cash Settlement Price: The Cash Settlement Price will be the Eastern Young Cattle Indicator for the third Tuesday of the Contract Month.

Cash Settlement Day: Two Business Days following the third Tuesday of the Contract Month. Cash Settlement Process: On the first Business Day following the third Tuesday of the Contract Month

Sydney Futures Exchange Ltd shall publish by 2.00pm the Cash Settlement Price rounded to the nearest ¼ cent per kilogram, as adjusted and provided in writing by the National Livestock Reporting Service (NLRS). All bought and sold contracts in existence as at the close of trading in the Contract Month shall be settled by the SFE Clearing at the Cash Settlement Price on the second Business Day following the third Tuesday of the Contract Month.

Cash Settlement Value: The Cash Settlement Value is the Cash Settlement Price multiplied by 5,000. Transaction Fee: The Exchange Fee for each contract month will be $12.50 (excl. GST) per

contract side

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d-cypha SFE Base Load, Peak Period and Strip Electricity

Please refer to dcyphaTrade website for futures contract specifications. Please refer to dcyphaTrade website for options contract specifications.

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Alumina Individual Share Futures

Contract Unit: 1,000 Alumina Shares

Contract Months: March/June/September /December, four quarter months ahead.

Commodity Code: WM

Minimum Price Movement: 1 cent, corresponding to A$10.00 per contract, i.e. Contract Unit x 1 cent Last Trading Day: Trading ceases at 4.00pm on the last Thursday of the settlement month.1 Settlement Day: The business day following the Last Trading Day.

Final Settlement: Physical delivery of 1,000 Shares. Delivery may only occur at the expiry of a contract.

Adjustment Methodology: No contract adjustments will be made for scheduled dividends. Adjustments will occur for all other capital reconstructions that are pro-rata events e.g. (share splits, bonus & rights issues etc.)

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Amcor Individual Share Futures

Contract Unit: 1,000 Amcor Shares

Contract Months: February/May/August/November, four quarter months ahead.

Commodity Code: AR

Last Modified: 01/05/03 Notes:

1

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Ansell Individual Share Futures

Contract Unit: 200 Ansell Shares

Commodity Code: PC

Final Settlement: Physical delivery of 200 Shares. Delivery may only occur at the expiry of a contract.

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AMP Individual Share Futures (AM)

Contract Unit: 1,192 AMP Shares

Contract Months: March/June/September/December, four quarter months ahead.

Commodity Code: AM

1

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AMP Individual Share Futures (PM)

Contract Unit: 1,000 AMP Shares

Commodity Code: PM

1

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ANZ Bank Individual Share Futures (AN)

Contract Unit: 1,042 ANZ Bank Shares

Contract Months: January/April/July/October, four quarter months ahead.

Commodity Code: AN

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ANZ Bank Individual Share Futures (AZ)

Contract Unit: 1,000 ANZ Bank Shares

Commodity Code: AZ

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AXA Asia Pacific Holdings Individual Share Futures

Contract Unit: 1,000 AXA Asia Pacific Holdings Shares

Contract Months: January/April/July/October four quarter months ahead.

Commodity Code: AX

1

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BlueScope Steel Individual Share Futures

Contract Unit: 1,000 BlueScope Steel Shares

Commodity Code: BP

1

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Boral Individual Share Futures

Contract Unit: 1,000 Boral Shares

Commodity Code: BO

1

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Brambles Industries Individual Share Futures

Contract Unit: 1,000 Brambles Industries Shares

Commodity Code: BM

1

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BHP Billiton Individual Share Futures

Contract Unit: 1,000 BHP Billiton Shares

Commodity Code: BL

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Coca-Cola Amatil Individual Share Futures

Contract Unit: 1,000 Coca-Cola Amatil Shares

Commodity Code: CC

1

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Coles Myer Individual Share Futures

Contract Unit: 1,000 Coles Myer Shares

Commodity Code: CM

1

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Commonwealth Bank Individual Share Futures (cash settled)

Contract Unit: 1,000 Commonwealth Bank Shares Contract Months: Monthly up to 4 months ahead. Commodity Code: CI

Minimum Price Movement: 1 cent, corresponding to A$10.00 per contract, i.e. Contract Unit x 1 cent Last Trading Day: Trading ceases at 4.00pm on the last Thursday of the settlement month. When the

day after the last Thursday of the settlement month is not a business day or not within the settlement month, the Last Trading Day will be the Thursday of the previous week.1

Settlement Day: The business day following the Last Trading Day. Trading Hours: 9.50am – 4.00pm1

Settlement Method: SFE’s settlement price is calculated by averaging the mid-points of bid/ask spreads randomly selected every minute over the 2 hours prior to the close of trading on ASX, i.e. 2:00pm to 4:00pm. No adjustments for dividends and an identical adjustment outcome to ASX equity options for all other capital reconstructions (share splits, bonus & rights issues etc).

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Commonwealth Bank Individual Share Futures

Contract Unit: 1,000 Commonwealth Bank Shares

Commodity Code: CB

1

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Fosters Group Individual Share Futures

Contract Unit: 1,000 Fosters Group Shares

Commodity Code: FB

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Insurance Australia Group Individual Share Futures

Contract Unit: 1,000 Insurance Australia Group Shares

Contract Months: March/June/September/December, four quarter months ahead. Commodity Code: IA

1

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John Fairfax Holdings Individual Share Futures

Contract Unit: 1,000 John Fairfax Holdings Shares

Commodity Code: FX

1

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Lend Lease Corp Individual Share Futures

Contract Unit: 1,000 Lend Lease Corp Shares

Commodity Code: LL

1

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Lihir Gold Individual Share Futures

Contract Unit: 1,000 Lihir Gold Shares

Commodity Code: LH

1

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Mayne Group Individual Share Futures

Contract Unit: 1,000 Mayne Group Shares

Commodity Code: MY

1

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National Australia Bank Individual Share Futures

Contract Unit: 1,000 National Australia Bank Shares

Commodity Code: NB