Goldman Sachs Statement on Goldman Sachs Commodity Index.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Goldman, Sachs & Co. released the following statement on the Goldman Sachs Commodity Index The Goldman Sachs Commodity Index (GSCI) is a world-production weighted index composed of 24 commodity futures contracts. The index is a composite index of commodity sector returns and represents an unleveraged investment through broadly diversified long positions in commodity . On June 29, 2006 Goldman, Sachs & Co. ("Goldman Sachs") announced that it was giving further consideration to the question of whether, and the extent to which, the portion of the Goldman Sachs Commodity Index ("GSCI GSCI Goldman Sachs Commodity Index GSCI Georgia School Council Institute GSCI General Starlight Co., Inc. GSCi German Scientific Computing Initiative GSCI Gulf States Counterdrug Initiative ") attributable to the New York Harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey". Unleaded Gasoline ("HU") futures contract Futures Contract An exchange traded agreement to buy or sell a particular type and grade of commodity for delivery at an agreed upon place and time in the future. Futures contracts are transferable between parties. would be rolled into the Reformulated Gasoline Blendstock for Oxygen Blending ("RB") futures contract on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. . Goldman Sachs has determined that for the roll occurring in September 2006 (the "September Roll") in relation to the GSCI futures contract expiring in October 2006 it will roll the existing portion of the GSCI that is attributable to RB contract but will not roll any portion of the GSCI that is attributable to the HU contract into the RB contract. Accordingly, for the September Roll one half of the portion of the GSCI that, as of the time immediately preceding such roll, is attributable to the HU contract will be distributed to other contracts included in the non-RB petroleum product complex of the GSCI. The precise weights of the contracts to be included in the GSCI for purposes of the GSCI futures contract expiring in October 2006 are attached. Goldman Sachs will continue to monitor market conditions and keep market participants apprised of its intentions with respect to the GSCI and the gasoline futures market futures market, a commodity exchange where contracts for the future delivery of grain, livestock, and precious metals are bought and sold. Speculation in futures serves to protect both the developers and the users of the commodities from unfavorable and unpredictable , and will make additional announcements, as necessary or appropriate in connection with any further developments.
Contract Aug Roll Sep Roll
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Crude WTI 11730.68 12121.69
Crude Brent 5555.881 5741.070
No 2 Heating Oil 111515.9 115233.0
Gasoil 194.4298 200.9106
Unl. Gasoline (HU) 72221.80 36110.90
Unl. Gasoline (RB) 36110.90 36110.90
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