Central Kentucky Transmission Company

Original Volume No. 1

Effective Date: 02/26/2009, Docket: RP09-285-000, Status: Effective

First Revised Sheet No. 135 First Revised Sheet No. 135

Superseding: Original Sheet No. 135

GENERAL TERMS AND CONDITIONS

(Continued)

(d) At any time up to the close of the bidding period for the

posted capacity, Releasor may withdraw its posting for release of capacity if

Releasor itself has an unanticipated use for the capacity and no minimum bid

has been made. Such a withdrawal shall be effected by Releasor placing a

notice of withdrawal on Transporter's EBB. Offers will be binding until a

notice of withdrawal is received by Transporter.

14.2 Posting.

Posting of Release Notices on Transporter's EBB shall be complete and

subject to the conditions and exceptions set forth below.

(a) Exempt Transactions. Posting for the purpose of inviting bids

shall not be required for (i) prepackaged arrangements Releasor has arranged

with a designated Replacement Shipper for a period of 31 days or less;

(ii)prepackaged arrangements for more than one (1) year under which the

designated Replacement Shipper agrees to pay the maximum reservation charge

and commodity rate, and applicable surcharges, and meets all requirements set

forth in this Tariff; (iii), releases to an asset manager, as defined in

Section 284.8 of the Commission's regulations; or (iv) releases to a marketer

participating in a state-regulated retail access program as defined in

Section 284.8 of the Commission's regulations (collectively "exempt

transactions").