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Geneva Trading Appoints Mary M. McDonnell to President and CEO
Press Release, March 31, 2003

Geneva Trading today appointed Mary M. McDonnell to President and CEO. Geneva Trading was founded in 1999 in Dublin, Ireland. The Dublin office employs more than 50 traders and support staff. The greater Dublin area is a primary recruiting area for Geneva.

Prior to her appointment at Geneva Trading, McDonnell served as the Senior
Vice President at the Chicago Board of Trade (CBOT), where she was
responsible for all electronic trading and most recently spearheaded the selection
process and implementation of the CBOT migration to LIFFE CONNECT™. She
joined the CBOT in May of 2000 as Project Manager and Managing Director of
a/c/e, the CBOT’s electronic alliance with Eurex.

From 1997 to 1999, McDonnell was the Executive Vice President of the Bermuda
Commodities Exchange (BCOE). Her responsibilities at the BCOE included the
development, implementation and operations of the first Internet based electronic
futures exchange. From 1979 through 1996, McDonnell was the Chief Financial
Officer and Operating Officer of Griffin Trading, a global futures clearing firm, as
well as President of Griffin Asset Management International Ltd, an asset
allocation firm in the futures industry.

“Mary’s breadth of experience and expertise combined with her ability to motivate
staff and catalyze creative thinking are a welcomed asset to Geneva Trading,”
said managing partner Art Brereton. “Mary clearly knows how to nurture growth
and is set to take Geneva Trading to the next level as a premier proprietary
trading house.”

Contact: Ray Carmichael
Strategics, Inc.
312.346.2002
rcarmichael@strategicsinc.com