2005 Holiday Calendar - Kansas City Board of Trade

all dates subject to revision
Exchange Holidays
New Year's Day¹	See¹ below
Martin Luther King, Jr. Day²	Jan 17
Presidents' Day³	Feb 21
Good Friday⁴	Mar 25
Memorial Day⁵	May 30
Independence Day⁶	July 4
Labor Day⁷	Sep 5
Thanksgiving ⁸	Nov 24
Christmas⁹	Dec 26
New Year's 2006¹⁰	See¹⁰ below
¹On Thursday, Dec. 30, 2004 wheat futures will close at 12:00 noon and wheat options will close at 12:10 p.m. On Friday, December 31, 2004, wheat futures and options will be closed. In coordination with U.S. Stock Exchanges, the KCBT's Value Line® will trade normal hours on both December 30 and 31, 2004. Electronic trading will take place during normal hours on Sunday, Jan. 2. The exchange will be open on Monday, Jan. 3, and regular trading hours will be observed. ²Friday, Jan. 14, regular trading hours will be observed. Sunday, Jan. 16, overnight electronic trading closed. Daytime trading will be closed on Monday, Jan. 17, but overnight trading will be open. ³ Regular trading hours will be observed on Friday, Feb. 18. Overnight electronic trading will be closed on Sunday, Feb. 20. Open outcry trading will be closed on Monday, Feb. 21, but electronic trading will be open. ⁴ Electronic and open outcry closed on Friday, March 25. Electronic trading will resume on Sunday, March 27. ⁵Sunday, May 29, electronic trading closed. Monday, May 30, open outcry closed, electronic trading open. ⁶ Sunday, July 3, electronic trading closed. Monday, July 4, electronic trading resumes but open outcry closed. ⁷Sunday, Sept. 4, electronic trading closed. Monday, Sept. 5, open outcry closed, electronic trading open. ⁸On Wednesday, Nov. 23, and Friday, Nov. 25, wheat futures will close at 12:00 noon and wheat options will close at 12:10 p.m. In coordination with U.S. Stock Exchanges, the KCBT's Value Line® will trade normal hours on Nov. 23 and will close at 12:15 p.m. on Nov. 25. Electronic trading will be closed Wednesday, Nov. 23. ⁹ On Friday, Dec. 23, wheat futures will close at 12:00 noon and wheat options will close at 12:10 p.m. In coordination with U.S. Stock Exchanges, the Value Line will trade normal hours. No trading will occur on Sunday, Dec. 25. There will be no open outcry trading on Monday, Dec. 26 but electronic trading will resume. ¹⁰ On Friday, Dec. 30, 2005, the KCBT wheat futures market will close at 12:00 noon and the wheat options market will close at 12:10 p.m. The open outcry wheat markets will be closed on Monday, January 2, 2006. Value Line will trade normal hours on December 30, 2005. Electronic trading will be closed on Sunday, January 1, 2006 and will resume on Monday, January 2, 2006. * The exchange will be closed whenever wheat futures and wheat options trading is not in session.

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Value Line® is a registered mark of Value Line, Inc., a New York corporation that provides financial services and publications. Since 1982, the Kansas City Board of Trade has been licensed to use the Value Line® mark in connection with its efforts to establish futures markets tied to the Value Line® index. The Kansas City Board of Trade and Value Line, Inc. are not affiliated corporate entities.