Important!

These disclaimer and notices are addressed to you and to anyone else (such as your employer) on whose behalf you are looking at these pages. It is your responsibility to notify all persons on whose behalf you are looking at these pages about the existence of these disclaimer and notices. You must also advise any person who may visit other pages on this web-site through you, without first reading this page, about the existence of these disclaimer and notices.

The following pages contain a selection of material concerning the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) and the contracts it trades. The material is provided for information purposes only and, as a service to the public, intended merely to give a general overview of the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F). The Bylaws and Regulations of the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) should be consulted as the authoritative source for information, rules and contract specifications.

DISCLAIMER OF LIABILITY

The Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) is providing the information included in the following pages for informative purposes only and is making such information available in an effort to serve the needs of site visitors and for their convenience. The Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) does neither guarantee the accuracy, timeliness, completeness, merchantability, correctness or fitness for any particular purpose of such information nor accepts any liability for any use of any information provided. The information herein provided is taken from sources believed to be reliable but the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) does not claim that the information selected for these pages is verified, current and comprehensive. Because of the possibility of human and mechanical error as well as other factors, the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) is not responsible for any errors or omissions, since all information is provided "as is" without warranty of any kind. No information and opinion expressed herein constitute a purchase or sale solicitation, nor an offer to buy or sell any futures and/or options contracts listed at the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F), nor an offer to buy or sell any security or commodity described as a product or issue herein. Since all the information avaiable in these pages should not serve as the basis for any investment decision, site visitors are strongly recommended not to rely or act upon any of them. However, if they do so, it will be clearly and entirely at their own risk. Neither the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) nor its Officers, Directors, Members, Employees, Agents, Consultants or Licensors shall be liable to any person, including, but not limited to, a member or customer, for any losses, damages, costs or expenses (including, but not limited to, loss of profits, loss of use or direct, indirect, incidental and consequential damages) resulting from any errors in, omissions of, or alterations to the information provided herein, nor for any delays, inaccuracies, errors, interruptions, omissions or for any direct or consequential damages arising from or occasioned by such events in supplying any market quotations through these pages, nor for any losses resulting from unauthorized access, nor any other misuse of the system through which information on the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) is transmitted, nor for any discontinuance of the service. The foregoing shall apply regardless of whether a claim arises in contract, tort, negligence, strict liability or otherwise.

NOTICES

The rules and regulations of the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) are subject to change without prior notice. Please contact the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) for details and updates.

Brokerage fees, commissions and margin requirements are subject to change without prior notice. Please contact a Commodities Brokerage House for information on current levels of fees, commissions and margin requirements.

The Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) prohibits anyone from modifying or selling any information provided by this web-site.

The web-site of the Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) contains some information on the Exchange and trading data, but not all the available information.

The Commodities & Futures Exchange (Bolsa de Mercadorias & Futuros, BM&F) has the right to modify, suspend or terminate this Internet service at any time.

COPYRIGHT

The Commodities & Futures Exchange, Bolsa de Mercadorias & Futuros and BM&F brand names, symbols and featured logos identifiying itself and its products are proprietary and registered service/trademarks of the Bolsa de Mercadorias & Futuros, São Paulo, Brazil - © BM&F 1997-2006. BOVESPA is a registered service/trademark of the Bolsa de Valores de São Paulo, São Paulo, Brazil.

Site visitors may print or download to a local hard disk extracts from this web-site for their personal use only. Site visitors may not re-copy any of the printed or downloaded material or give it or copy it to anyone else.