ECC

Chris,

Just so I'm clear....you want to change this deal from Waddington to CNG/North, is that correct? If that is, this deal is not booked anywhere in TAGG for the term at waddington. It is all booked at the customer price of Tetco/M3. If you are actually changing the physical location, the p&l changes will only be seen on a monthly basis, not for the forward positions.

I will come over after trading to talk to you.

Thanks,

Kam