From: Richard Parker [mailto:richardparkerdc@gmail.com]

Sent: Friday, November 04, 2011 11:21 AM

To: Alex Hofmann; Andrew Delaski; Aris Marantan; Art Rosenfeld; Bob Saint; Bob Smith; Brian Coffey; Caitlin Johnson; Carlos Gaytan; Caskey, John; charlie dr exler; Charlie Stevens; Chris Bolduc; Chris Brown; Clark Silcox; Creevy, Jim; Dan Cohen; Daniel Young ; David Flaten; Eric Peterson; Freeman, Jeremiah; Gary Fernstrom; Greg Coulter; Greg Rosenquist; Hirsch, Bruce R; James Lass; Jennifer Tiedeman; Jerry Corkran; Jerry Hodge; Jerry Schoen; Jim Raba; Joan na Mauer; John Cymbalsky; John Rossetti; Katie Coughlin; Ken Winder; Mahesh P. Sampat; Matthew Nardotti; Maxine Savitz; Meg Waltner; Meyers, Aaron; Michael Hyland; Michael Rivest; Millure, Dave ; Phil Harter; Phil Hopkinson; Polinski, Raymond;
Puesh Kumar; Richard W. Parker; Rick Anderson; Rob Greeson; Robert Berman; Robert van Buskirk; Robin Roy; Ryan, Paul; Scott Beck; Simmons, Chuck; Steve Nadel; Steve Rosenstock; Thomas Petrosino;
Tim Ballo; Tom Eckman; Wes Patterson; Zhimei Luo Subject: MV Transformers Material Price Sensitivity Analysis

Colleagues,

There have been a number of requests for additi onal LCC runs with va rious material prices reflecting concerns with possi ble shortages of supply under various standards scenarios.

Attached is a sheet that summarizes the price sensitiv ity analysis that is currently in the pipeline: ranging from 2006 minus 25% on the low side to 2008 plus 25% on the high side.

For amorphous that yields a range from $1.72/lb to $3.64/lb, with a base cas e (2010) of 2.38/lb.

For ZDMH, the range is from $1.41 to $3.22 with a ba se of 2.05. (A sensitivity is already being run with ZDMH screened entirely out of the analysis, reflecting c oncerns that this material may

not be available due to a reluctan ce to supply the North American ma rket allegedly due to fear of dumping duties.)

As we discussed, each run takes several hours per design line so we obviously cannot accommodate all requests, nor would it be instru ctive to do so absent some credible price

scenario that is not curren tly being modeled and that li es outside these boundaries.

So what I would propose is this: Could i ndustry participants in the MV Group please communicate with each other today, ex amine the attached sheet and

(a) try to arrive at a collective determination of whethe r there is reason to believe that proposed range of prices is really to narrow su ch that additional run is warranted; and

(b) if so, propose the set of prices that you would lik e to see run, and a short explanation/justificat ion for your request.

Greg Coulter has kindly agreed to serve as the coordinator for this effort so please work with him. If for any reason, issues of confidentiality prevent you fro m communicating with Greg and others in open forum please let me know a nd I will discuss with you how to proceed.

You also will need to choose a couple of design lines to focus on. I understand that DL 1 and 2 are the lines with the most ship ments in the liquid immersed cat egory. If you have preferencesfor MVDT please convey them with your request (p erhaps DL 12?). I would expect that we could manage runs for 3 design lines.

Again, the consultants are swamped with work accommodating the input th ey've gotten from the group so far, so please do not make work for them by requesting additional runs unless there really is good cause for doing so.

Please let us know by cob today what your preferences are.

All best,

Richard