<B>PaperExchange Inks Deal with Pulp Futures Firm</b>

PaperExchange.com, Inc has entered into a strategic relationship with Sucden to provide PaperExchange.com members easy access to the pulp futures market.

``We have long been committed to making the trading of pulp futures more accessible to our members so they can benefit longer term from increased predictability and stability in what is often a volatile marketplace,'' said Kent A. Dolby, president and CEO of PaperExchange.com. ``With their outstanding reputation as a commodities futures and options broker and their successful relationship with PULPEX, a futures market for pulp derivatives, Sucden was the obvious partner of choice for PaperExchange.com.''

This relationship will provide PaperExchange.com members with more extensive information and increased functionality in the pulp section on the site. Sucden (UK) will also have the opportunity to efficiently reach PaperExchange.com members who have an interest in trading pulp futures.

``Trading of futures in the pulp industry is regarded as the only way to manage long term price risk for market participants,'' said Michael Overlander, CEO of Sucden (UK). ``We believe PaperExchange.com has established itself as a leading marketplace for the global pulp and paper industry. By providing access to our services via the PaperExchange.com web site, we will be able to more efficiently educate the marketplace about the benefits of hedging, and significantly expand our customer base in the pulp futures market.''

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June 2000
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