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KCS Energy Marketing Inc. ("KCS")
Lisa: FYI, there has been activity regarding the KCS file, in particular, the status of the amendment to permit cross-netting of certain agreements and the impact of that amendment now that KCS has emerged from bankruptcy. Two (2) new financial transactions have been executed and there is a VPP looming ahead for June 15. The issue which we were trying to isolate is the effect of the amendment to the financial/physical agreements post-bankruptcy. We concluded that KCS is bound post-bankruptcy (Carol St. Clair thought you may have had some reservations). I'll keep you apprised of any developments.