Specifications: Calls for delivery of washed arabica coffee produced in several Central and South American. Asian and African countries, or unwashed arabica coffee of Ethiopia.

Trading Unit: 37.500 lbs. (approximately 250 bags)

Trading Hours: 9:15 AM to 2:05 PM New York Time.

Price Quotation: Cents per pound

Delivery Months: March, May, July, September, December

Ticker Symbol: KC

Min Price Fluct: 5/100 cents per pound, equivalent to $18.75 per contract.

Daily Price Limits (from previous day's settlement price): 6.00 cents with variable limits effective under certain conditions. No price limits on two nearby months.

Position Limits: 2,000 contracts net long/short any one month-, 4,000 net total-, 500 as of first notice day in expiring contract. Combine with published "futures equivalent" ratios of options positions. Exemptions may apply for hedge, straddle and arbitrage positions. Contact the Exchange for more information.

Standards: A Notice of Certification is issued based on testing the grade of the beans and by cup testing for flavor. The Exchange uses certain coffee to establish the "basis"-. coffees judged better arc at a premium; those judged inferior are at a discount.

Deliverable-Growths: Mexico, Salvador, Guatemala, Costa Rica, Nicaragua, Kenya, New Guinea, Tanzania, Uganda at Basis.

Colombia plus 200 pts

Honduras, Venezuela minus 100

Burundi, India, Rwanda minus 300 pts

Dominican Republic, Ecuador. Peru minus 400

Ethiopia minus 600

Delivery Points: Exchange licensed warehouses in the Port of New York District, the Port of New Orleans (at 1.25 cents/pound discount) and the Port of San Francisco (at 0.75 cents./pound discount). Pending CFTC approval. the port of Miami will be added as a delivery point at a discount of 125 points.

Last Trading Day: One business day prior to last notice day.

First Notice Day: Seven business days prior to first business day of delivery month.

Last Notice Day: Seven business days prior to last business day of delivery month.