Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-442-000, Status: Effective

Third Revised Sheet No. 139A Third Revised Sheet No. 139A : Effective

Superseding: Second Revised Sheet No. 139A

GENERAL TERMS AND CONDITIONS (cont'd)

19.9 Timeline for Capacity Releases (cont'd)

(iii) For non-biddable releases:

Timely Cycle

- posting of prearranged deals not subject

to bid are due by 10:30 A.M.;

- contract issued within one hour of award

posting (with a new contract number, when

applicable); nomination possible beginning

at the next available nomination cycle for

the effective date of the contract. (Central

Clock Time)

Evening Cycle

- posting of prearranged deals not subject

to bid are due by 5:00 P.M.;

- contract issued within one hour of award

posting (with a new contract number, when

applicable); nomination possible beginning

at the next available nomination cycle for

the effective date of the contract. (Central

Clock Time)

Intraday 1 Cycle

- posting of prearranged deals not subject

to bid are due by 9:00 A.M.;

- contract issued within one hour of award

posting (with a new contract number, when

applicable); nomination possible beginning

at the next available nomination cycle for

the effective date of the contract. (Central

Clock Time)