Central Kentucky Transmission Company

Original Volume No. 1

Effective Date: 09/01/2006, Docket: CP05- 48-004, Status: Effective

First Revised Sheet No. 249 First Revised Sheet No. 249 : Effective

Superseding: Original Sheet No. 249

GENERAL TERMS AND CONDITIONS

(Continued)

32. RETAINAGE

Shipper must furnish a sufficient quantity of gas associated with the

rendering of applicable transportation service. That quantity of gas

required shall be calculated as an amount equal to the quantity of gas

tendered for Shipper on a daily basis multiplied by the applicable

Retainage Percentage as stated on Sheet No. 6 of this Tariff. The Retainage

Percentage shall be equal to the lost and unaccounted-for component

in the "Transportation Retainage" Percentage of Columbia's FERC Gas Tariff.

Transporter will submit a limited Natural Gas Act Section 4 filing pursuant

to Section 154.403 of the Commission's Regulations to adjust the Retainage

Percentage to equal any adjustment in Columbia's "Transportation Retainage"

lost and unaccounted-for component then currently in effect.

Retainage, as defined at Section 1 of the General Terms and

Conditions, shall apply to all Rate Schedules of this Tariff.