RE: Master Firm Agreements

Attention Deal Compliance and Deal Validation:

New Procedure!!
Pursuant to Jeff Hodge's email below, effective Tuesday, November 6, for all counterparties with both a Master Firm contract and a GISB, all FIRM deals (EOL and telephonic), regardless of length (including one day deals) should be attached to the Master Firm contract. With respect to EOL deals, Profile Manager has been updated to accommodate this change. For counterparties with only a GISB as a master, you may continue attaching firm deals up to one month in duration.

Jeff,

Pursuant to your message below, I have updated EOL Profile Manager as follows:

Counterparty Remove GISB Add Master Firm
Consolidated Energy Solutions, Inc. 96029232 96002347
Equitable Gas Company 96029557 96003499
ICC Energy Corporation 96028949 96000633
Innovative Gas Services, Inc. 96021962 96003168
Mirant Americas Energy Marketing, L.P. 96029028 96001565
Morgan Stanley Capital Group Inc. 96028966 96028965
Questar Energy Trading Company 96029033 96001878
TotalFina Gas & Power North America, Inc. 96029083 96000448
U.S. Gas Transportation, Inc. 96029469 96011824

As requested, here is a list of counterparties using GISBs as masters in EOL.

If you have any questions or need additional information, please call me at ext. 5-9989.

Regards,
Susan Elledge

-----Original Message-----
From: Hodge, Jeffrey T.
Sent: Monday, November 05, 2001 4:34 PM
To: Richardson, Stacey; Wallumrod, Ellen
Cc: Kitchen, Louise; Dickson, Stacy E.
Subject: Master Firm Agreements

Stacey and Ellen:

In light of current circumstances, if a counterparty has both a Master Firm and a GISB, please confirm all firm physical transactions (both telephonic and EOL) under the Master Firm and not the GISB.

Additionally, could one of you provide me a list of EOL counterparties who have a GISB contract listed as their master agreement for EOL.

Thanks,

Jeff