Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 09/01/2003, Docket: RP03-420-000, Status: Effective

Third Revised Sheet No. 98 Third Revised Sheet No. 98 : Effective

Superseding: Second Revised Sheet No. 98

(iii) the maximum and minimum quantity of

firm daily capacity which the Releasing Shipper elects to

release stated in Dth/d;

(iv) the Receipt and Delivery Point(s) at

which the Releasing Shipper will release capacity and the

firm capacity to be released at such points;

(v) whether the capacity will be

released on a firm or recallable basis, whether the recalled

capacity can be reput, the latest allowable recall notification

period, and the terms under which the capacity can be recalled

and/or reput;

(vi) the requested effective date and

end date of the release;

(vii) the rate the Prearranged Replacement

Shipper has agreed to pay for the released capacity. Releasing

Shipper has the choice to specify dollars and cents or percents

of the maximum tariff rate in the denomination of bids and

Transporter shall support this. Once the choice is made by the

Releasing Shipper, the bids should comport with the choice;

(viii) the selection of economic criteria (from

either highest rate, net revenue, or highest present value as set

forth in Section 3 of the RTS Rate Schedule) for evaluating bids

that the Releasing Shipper wishes Transporter to apply;

(ix) [RESERVED]