Elaborated LIPA Term Sheet

Per my telephone conversation with Michael Brown early this afternoon,
attached is a new Term Sheet to which I understand David will be attaching an
Exhibit A that outlines notional Activity Costs. If you want to provide a
sample Capacity Charge when delivering this document, I suggest adding a new
Section to the Proposed PPA section and attaching an Exhibit B.

As I mentioned in my voicemail to David, Gerald Nemec can help with whateve
changes you need to this draft. The temporary assistant who is sitting in
for Pat, Rachel Bryant (ext 3-9282) know how to reach me if that is necessary.

Good luck,

Steve