please print - into product definition slides

---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/06/2000
09:34 AM ---------------------------

"Andy Katz" <AKatz@eei.org< on 03/03/2000 09:58:41 AM
To: fmdutton@aep.com, hemu@dynegy.com, Elizabeth Sager/HOU/ECT@ECT,
mroger3@entergy.com, wfhenze@jonesday.com, dperlman@powersrc.com,
rosteen@powersrc.com, drusso@reliantenergy.com
cc:
Subject: into product definition slides

I made the following changes to these hypotheticals as I understand the
changes made to the product:

Example #1

3. Buyer puts in request for Firm transmission within 30 minutes of Seller's
notification and request is accepted and purchased by Buyer. Entergy is
sinking in Cinergy.

Seller must move to another interface (either on Cinergy's border (NIPSCO,
LG&E, AEP. . .) or in Cinergy's control area (Wabash) at which Buyer can
receive energy such that energy can sink in Cinergy. Seller can require
Buyer to purchase Non-Firm transmission (or Firm, if available) but each
party will be responsible for any additional transmission costs incurred to
reschedule to another delivery point.

Ex #2

3. Buyer puts in request for Firm transmission within 30 minutes of Seller's
notification and receives response that Firm is available. Buyer purchases
Non-Firm instead. Entergy is sinking in Cinergy.

Ex #3

3. Buyer puts in request for Firm transmission from Cinergy within 30 minutes
of Seller's notification and request is accepted and purchased by Buyer.
Buyer also secures Firm transmission from LG&E to sink energy in LG&E.

There are references to specific sections in the product definition, I don't
know if they are still valid in light of the latest changes.

Could someone help me out before 4pm Eastern? Thanks.

Andrew S. Katz, Director Industry Legal Affairs
Edison Electric Institute
701 Pennsylvania Avenue, N.W.
Washington, D.C. 20004
Voice: 202-508-5616
Fax: 202-508-5673
e-mail: akatz@eei.org

- examples.ppt