El Paso Reserve Deal #783742

Please add the following credit reserve for September.

Counterparty: El Paso Merchant Energy, L.P.
Trader: Rob Benson
Deal #: 783742.1
Deal Date: 09/20/2001
Deal Description: EPMI selling 50 MW on peak power into PJM (Western Hub) Cal 08 though Cal 10
Notional Volume: 614,400 MW
Price: $39.75/MW
Term: 1/01/2008 through 12/31/2010
Delivery Point: PJM (Western Hub)
Reserve per Notional Megawatt: $0.15/MW

**Total Reserve Amount** $92,000 (ninety-two thousand US dollars)

Transaction confirmed under EEI executed 03/01/2001.

Thanks,
Wendy Conwell