Subject: CAISO Notification - New Charge Type
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked]
Date: Mon, 23 Apr 2001 17:22:00 -0700 (PDT)

Effective Trade Date March 1, 2001, the ISO will implement a new Charge
Type, CT3999, to account for the Interest and Penalty Charges on unpaid
balances.  Since December 2000,the ISO has been allocating interest and
penalties to CT 1010.  All future charges, beginning with Trade Date March
1, 2001, will be reflected in Charge Type 3999.  Interest and Penalty
Charges will be made through manual adjustment (Type A) records and will be
based on the current interest rate plus 2% penalty (compounded annually,
calculated daily).  This is a monthly charge and will be posted to the last
trade date of the month.

Effective on the Preliminary Statement for trade date 3/1/01:
CT 3999 - Interest and Penalty Charge - Due ISO

This notice is intended to inform participants as early as possible of the
new charge type.

Client Relations Communication