We would like to announce a further pre-release of a standard for the exchange of optical (visible/IR) interferometry data. Earlier versions of this standard were presented and discussed at the 2001 and 2002 meetings of the IAU Working Group on Optical/IR Interferometry. The latest draft addresses points raised at the 2002 Working Group Meeting. We feel that this draft standard is simple and straightforward to implement and contains everything necessary to exchange calibrated visibility data for the purpose of making images. The documentation for the standard and sample programs which implement the standard, written in ANSI C, are available at http://www.mrao.cam.ac.uk/~jsy1001/exchange/ The authors would like to thank Bill Cotton and John Monnier for their contributions to this latest draft. We are aiming to freeze the standard early in 2003, and would therefore welcome any comments or corrections. Please reply to the oi-data email list server: oi-data@rsd.nrl.navy.mil John Young (COAST) and Tom Pauls (NPOI)