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Filed by Board of Trade of the City of Chicago, Inc. (CBOT)
Subject Company -- Board of Trade of the City of Chicago, Inc.
Pursuant to Rule 425 under the Securities Act of 1933
File No. 132-01854
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The following letter was distributed to CBOT members and membership interest
holders on November 15, 2000.
CHICAGO BOARD OF TRADE
November 15, 2000
Fellow Members,
The Nominating Committee this year faces a reduced scope to its annual task of
selecting a slate of candidates for the annual election. In accordance with the
10/12/00 membership vote, the Nominating Committee needed to select a candidate
only for the office of Chairman. While it might seem that this would simplify
our job, the critical juncture at which we find ourselves as an Exchange made
this year's selection of a candidate for Chairman perhaps the most important
slating ever made by a Nominating Committee.
This year only 11 (eleven) members chose to appear before the Committee to
recommend candidates for the office of Chairman. Having heard these
recommendations, the Committee sought out people to interview to make sure that
all sectors of the membership had been represented.
In the end, after countless hours of due dilligence and thoughtful deliberation,
the Nominating Committee of the Chicago Board of Trade unanimously recommends
David Brennan for the Office of Chairman of the Board of Directors in the annual
election to be held December 6, 2000.
John Tocks, Chairman John Pietrzak, Vice-chairman
/s/John Tocks /s/John Pietrzak
Jay Homan Charles Wolin
/s/Jay Homan /s/Charles Wolin
Jack Frymire Bruce Williams
/s/Jack Frymire /s/Bruce Williams
The CBOT urges its members and membership interest holders to read the
Registration Statement on Form S-4, including the proxy statement/prospectus
contained within the Registration Statement, regarding the CBOT restructuring
referred to herein or in connection herewith, when it becomes available, as well
as the other documents that the CBOT has filed or will file with the Securities
and Exchange Commission, because they contain or will contain important
information. CBOT members and membership interest holders may obtain a free copy
of the proxy statement/prospectus, when it becomes available, and other
documents filed by the CBOT at the Commission's web site at www.sec.gov, or from
the CBOT by directing such request in writing or by telephone to: Board of Trade
of the City of Chicago, Inc., 141 W. Jackson Blvd., Chicago, Illinois 60604-
2994, Attention: Office of the Secretary, Telephone: (312) 435-3605, Facsimile:
(312) 347-3827. This communication shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of securities in
any state in which offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state. No
offering of securities shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as amended.
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