GTV weekly status update

Below please find the GTV project status update for this week. Project timeline update is also included in the attached file.

GTV status meeting attendees: Zhiyong Wei, Dave Nommensen, Russ Severson, Francis Lim, Jeremy Wong, Bill Fortney, Chuck Ames, Geoff Storey, Karima Husain, Jay Krish.

Accomplishments:
? Incorporating physical deal positions in TDS:
o Changes for the view aggregation have been completed (please see the attached project timeline).
o Provided Group of Groups and filters for Cash Position tab.

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

? Gas Daily deals:
o Changes to PortCalc application to create GDI calc in ERMS have been in user testing and some further revisions are requested.

? Live feeds for Gas Daily/intra-month curves:
o Released to production.

? Option Grid (phase 2):
o Released to production.

? Gas Daily options (phase 2):
o Changes to PortCalc application have been completed and in user test.
o The Option Delta Change Forward Month report has been completed and in user test.

Plans for the week ending 5/18/01:
? Continue IT development of Phase I items.
o Changes to introduce expandable total in cash position tab.
o Changes to PortCalc for valuing physical future month positions.
o Some modification to GDI Calc.

? Continue IT development of Phase II issues.

Issues / Open Items:
None

Thanks

Zhiyong