RE: IBIT

This is calculated using, form the NBP 2000 10-K:
Net income+ minority interest in net income + interest expense, net - equity AFUDC.

$196.0 million

This is not a number we generally use. We always include EBITDA in our press releases. Just FYI, EBITDA for 2000 was $259.0 million and, in addition to the above, is adjusted by depreciation and amortization and goodwill amortization

-----Original Message-----
From: Geaccone, Tracy
Sent: Monday, August 06, 2001 5:56 PM
To: Wiederholt, Patricia
Subject: IBIT

Can I get an IBIT for NBP for 2000.

Thanks