GTV weekly status update

Please find below the GTV project status update for this week. Please see the attached file for the project timeline update in Microsoft Project.

GTV status meeting attendees: Dave Nommensen, Karima Husain, Francis Lim, Jeremy Wong, Bill Fortney, Nayan Dattani, Russ Severson, Narasim Kasaru, Mike Swaim, Chuck Ames, Geoff Storey, Jay Krish.

Accomplishments:

? Incorporating physcial deal positions in TDS:
o Changes to CPR reader process & its unit testing have been completed.
o Loading prior-day curves into position manager - in test.
o Changes for the view aggregation - in development (please see the attached project timeline).

? Single point of deal entry for term deals:
o Single point of deal entry is now in user testing.

? Gas Daily deals:
o Changes to PortCalc application to create GDI calc in ERMS are complete and ready for testing.
o IT development items are in progress and on schedule (please see the attached project timeline).

? Live feeds for Gas Daily/intra-month curves:
o Development of live feeds has been completed, tested, user-approved and already in production.

? Option Grid (phase 2):
o Conversion from Motif into Powerbuilder has commenced.

? Gas Daily options:
o Changes to PortCalc application have been completed and ready for testing.

Completed Inception document and timeline for GTV Phase 2

Plans for the week ending 4/27/01:

? Continue IT development of Phase I items.
? Complete sign-off for GTV-II, Phase 2 issues and timeline.
? Continue IT development of Phase 2 issues.

Issues / Open Items:

? Implement "Group of Groups" for Cash Positions just as they are in Position Manager.
? Verify with users if GDI Calc in ERMS should be done via 1 or 2 PortCalcs.

Thanks, Dave N