Mark and Holden,

  I'm sure you know already , but here is a quick guideline reminder.

  Virginia



Hi Amy,

I thought this info might help you to distinguish which future deals will
stay as APS:

2001
4/1 - 6/30	25MW on-pk	$57.75		Purch
4/1 - 6/30	25MW on-pk	$55		Sale
4/1 - 6/30	25MW on-pk	$195		Sale
6/1 - 6/30	25MW on-pk	$404		Sale
6/1 - 6/30	25MW on-pk	$265		Purch
6/1 - 6/30	50MW on-pk	$383		Sale Put Option
6/1 - 6/30	50MW on-pk	$383		Sale Call Option
7/1 - 9/30	25MW on-pk	$69.25		Purch
7/1 - 9/30	50MW on-pk	$69.25		Purch
7/1 - 9/30	25MW on-pk	$146.50		Purch
7/1 - 9/30	25MW on-pk	$145		Sale
7/1 - 9/30	100MW on-pk	$69.75		Purch
7/1 - 9/30	50MW on-pk	$69.75		Purch
7/1 - 9/30	25MW on-pk	$130		Purch
7/1 - 9/30	25MW on-pk	$122		Sale
7/1 - 9/30	25MW on-pk	$69.80		Purch
7/1 - 9/30	25MW on-pk	$70.35		Purch
10/1 - 12/31	75MW on-pk	$220		Purch Put Option
10/1 - 12/31	25MW on-pk	$150		Sale
10/1 - 12/31	25MW on-pk	$185		Sale
10/1 - 12/31	25MW off-pk	$125		Purch

2002-2006
1/1 - 12/31	35MW atc	$35.05		Sale

2002
7/1 - 9/30	50MW on-pk	$69.25		Purch
7/1 - 9/30	25MW on-pk	$69.25		Purch
7/1 - 9/30	50MW on-pk	$69.75		Purch
7/1 - 9/30	100MW on-pk	$69.75		Purch
7/1 - 9/30	25MW on-pk	$70.35		Purch

2003
7/1 - 9/30	25MW on-pk	$70.35		Purch


THANKS,
Lorraine