ICE Trust Successfully Launches Customer Solution for CDS Clearing; Over US$4.3 Trillion in CDS Cleared to Date Globally

NEW YORK, December 14 - IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated
global futures exchanges, clearing houses and over-the-counter (OTC) markets,
announced that ICE Trust U.S. (ICE Trust) has today begun clearing credit
default swap (CDS) contracts for buy-side market participants after receiving
U.S. regulatory approval. The first trades were accepted for clearing on a
real-time basis shortly after ICE Trust opened for clearing at 8:00 a.m.
E.S.T. Twelve clearing members and ten buy-side firms successfully
participated in the pre-launch testing and the related preparations in
advance of today's launch.

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Said Dirk Pruis, President of ICE Trust: "We are pleased to have expanded
the important benefits of clearing to the CDS market more broadly and we
appreciate the industry's contribution to this initiative. The collaboration
of the buy-side and dealer community played a key role in the successful
development and launch of customer clearing. ICE Trust has also worked
closely with multiple U.S. regulatory agencies to bring this facility for the
reduction of systemic risk, increased transparency and safety to these vital
markets."

He added, "Customers will benefit from ICE's tested clearing model,
global clearing presence and scale. Our customers value our experience
clearing over-the-counter markets, in addition to our industry-leading risk
management model, strong independent governance and the world's largest
default fund."

Developed in conjunction with global buy-side participants and dealers,
the buy-side framework introduces trade-date clearing to the CDS market for
the first time, as well as providing for segregation of customer funds and
enhanced position and margin portability. The open model permits firms to
retain important trading and contractual relationships including accepting
transactions from a range of competitive existing execution models. In
addition, ICE Link provides the infrastructure for connecting the major
dealers, inter-dealer brokers and over 400 buy-side firms and enabling
product standardization and post-trade processing.

To date, ICE has cleared over US$4.3 trillion in notional value of CDS
indexes in North America and Europe and has aggregate open interest of US$344
billion. ICE Trust commenced operations in March 2009 and has cleared more
than US$3.1 trillion notional of North American index (CDX) contracts to
date. ICE Clear Europe began clearing European index (iTraxx) contracts in
July 2009 and has cleared euro 807 billion in notional. ICE Clear Europe
earlier today announced that it has begun clearing selected European single
name CDS contracts.

ICE has established risk frameworks for its U.S. and European CDS
businesses that are separate from its futures businesses, including separate
risk models, guaranty funds and margin accounts, as well as a CDS-focused
risk management system and an independent governance structure. Through ICE's
CDS clearing services, ICE provides a common infrastructure to global CDS
market participants within their respective regulatory jurisdictions, while
leveraging the legal framework, operational and risk management processes,
treasury systems and trade warehousing systems currently in use by the
industry.

About IntercontinentalExchange

IntercontinentalExchange(R) (NYSE: ICE) operates leading regulated
exchanges, trading platforms and clearing houses serving the global markets
for agricultural, credit, currency, emissions, energy and equity index
markets. ICE Futures Europe(R) hosts trade in half of the world's crude and
refined oil futures. ICE Futures U.S.(R) and ICE Futures Canada(R) list
agricultural, currency and Russell Index markets. ICE offers trade execution
and processing for the credit derivatives markets through Creditex and ICE
Link(TM), respectively, and CDS clearing through ICE Trust(TM) and ICE Clear
Europe(R). A component of the Russell 1000(R) and S&P 500 indexes, ICE(R)
serves customers in more than 50 countries and is headquartered in Atlanta,
with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and
Singapore. www.theice.com

Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding
IntercontinentalExchange's business that are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking statements, see
ICE's Securities and Exchange Commission (SEC) filings, including, but not
limited to, the risk factors in ICE's Annual Report on Form 10-K for the year
ended December 31, 2008, as filed with the SEC on February 11, 2009.

Kelly Loeffler, VP, Investor Relations & Corp. Communications, IntercontinentalExchange, +1-770-857-4726, kelly.loeffler at theice.com, or Sarah Stashak, Director, Investor & Public Relations, IntercontinentalExchange, +1-770-857-0340, sarah.stashak at theice.com