Subject: Power Indices

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        Firm Power Price Bulletin                               =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =            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                                   =                    For Power Delivered on Tuesday, October   23, 2001      =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                         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                            =                                                                            =                                    (Trade Date of Monday, October   22, 200= 1)                                                                         =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                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                            =                                                                            =                                                                            =                           =20 Click here to access index history .
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                                                                      =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                    * volume represents sell-side only *    =                                                                            =      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                                                                      =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                           =20  Hub=09High=09Low=09Wtd Avg Index=09Change ($)=09Vol (Mwh)=09 Cinergy=09         $23.00=09         $19.25=09         $20.50=09-    .34=09=           40,800=09 Comed=09         $20.00=09         $18.75=09         $18.91=09-    .87=09  =          8,800=09 Entergy=09        $210.00=09         $20.00=09         $29.93=09+   9.29=09=           19,200=09 Nepool=09         $38.00=09         $37.25=09         $37.50=09-    .87=09 =          11,200=09 Palo Verde=09         $27.75=09         $25.50=09         $27.09=09-    .28= =09          13,200=09 PJM-West=09         $25.00=09         $24.00=09         $24.21=09-   1.10= =09          40,800=09 SP-15=09         $27.75=09         $27.00=09         $27.35=09+    .12=09  =         14,400=09 TVA=09         $21.50=09         $20.25=09         $20.63=09-    .83=09    =        7,200=09                                                                              =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                    Includes all trades done from 6 AM to 11=  AM Central Prevailing Time on the trade date specified for financially fir= m power delivered during the on-peak hours (6 AM - 10 PM CPT for Eastern hu= bs / 6 AM - 10 PM Pacific Prevailing Time for Western hubs) on the delivery=  date(s) specified.
=                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =        =20                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                                                                            =                        IntercontinentalExchange is the world's most liquid = trading platform for over-the-counter energy and metals.
Active markets in= clude North American power and natural gas, global crude and refined oil pr= oducts, and precious metals.
Traded instruments include forwards, swaps, a= nd options.
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Furthermore,=  you acknowledge that (1) IntercontinentalExchange has exclusive and valuab= le property rights in this data; (2) IntercontinentalExchange's data is bei= ng made available to you only for your own business or personal activities;=  and (3) you cannot communicate the data, in any form, to any other person = or entity without the express written consent of IntercontinentalExchange.
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IntercontinentalExchange rese= rves the right to cancel this service at any time for any reason or no reas= on at all.
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