Central Kentucky Transmission Company

Original Volume No. 1

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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective

Original Sheet No. 132 Original Sheet No. 132 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

14.1 Initiating the Release and Assignment.

(a) Electronic Bulletin Board. The release and assignment of

service rights by Shipper shall be facilitated through Transporter's EBB,

described in Section 2 (Electronic Bulletin Board) of the General Terms and

Conditions. As explained below, Shippers seeking to release and assign firm

service rights (Releasors) shall post offers to release and notices of

prearranged assignments through Transporter's EBB. Potential Replacement

Shippers also may post offers to purchase service rights and bids for

capacity noticed by Releasors through Transporter's EBB. Such postings

shall be made through the interactive features of Transporter's EBB.

Transporter reserves the right to request modifications in, or to delete all

or any portion of, postings that do not conform to the requirements of

Section 14.1(b) below; provided, however, that Transporter shall have no

responsibility for any errors, omissions, or other aspects of these postings

from third parties on its EBB.

(b) Release Notice. Releasor may initiate the assignment of

the service rights it is seeking to release and assign by electronically

transmitting the information specified below to Transporter's EBB (Release

Notice). Such electronic Release Notice shall contain the following

information regarding the capacity that Shipper is seeking to release: