GTV weekly status update

Please see below for the weekly status report for the GTV project and please see the attached file for the updated project timeline.

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

Accomplishments:
? Incorporating physcial deal positions in TDS:
o Changes for the view aggregation have been completed.
o Expandable Total in Cash Position on schedule (please see the attached project timeline).

? Single point of deal entry for term deals:
o Phase 1 of single point of deal entry for term deals is in user test.

? Gas Daily deals:
o Revisions for changes to PortCalc application to create GDI calc in ERMS have been worked on.

? 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.

? Basis Options (phase 2):
o Development of deal entry type for Basis Options complete in TAGG.

Plans for the week ending 5/25/01:
? Continue IT development of Phase I items.
o Changes to PortCalc for valuing physical outer month positions.
o Some modification to GDI Calc.
o Changes to curve shift report for GDI Calc.
o Expandable Total in Cash Position.

? Continue IT development of Phase II issues.

Issues / Open Items:
None

Thanks

Zhiyong