Carnegie Interstate Pipeline Company

Original Volume No. 1

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Effective Date: 10/01/2000, Docket: RP00-544-001, Status: Effective

Second Revised Sheet No. 76 Second Revised Sheet No. 76 : Effective

Superseding: First Revised Sheet No. 76

GENERAL TERMS AND CONDITIONS

(Continued)

10.2 (Continued)

(c) Pre-arranged Release

The Acquiring Shipper initiates confirmations of

pre-arranged releases and may do so electronically. A

Releasing Shipper may release all or part of its firm

capacity entitlement on a firm basis without having to

comply with the procedures set forth in Sections 10.3

and 10.4, if such firm capacity entitlement is released

to an Acquiring Shipper who agrees to pay the maximum

applicable rate and to meet all other terms and

conditions of the release. Notwithstanding the previous

sentence, the maximum rate ceiling shall not apply to

capacity release transactions of less than one year.

10.3 Notice

(a) Requirement

A Releasing Shipper who desires to release

firm capacity must notify CIPCO of such Releasing

Shipper's intent to release capacity in accordance with

the notice provisions of this Section 10.3.

(b) Notice Of Intent To Release Capacity

A Releasing Shipper must specify the terms and

conditions under which it will release firm capacity in

a Notice Of Intent To Release Capacity in the form

specified in Section 10.8. Only complete offers will be

posted. All such terms and conditions must be

objectively stated, applicable to all potential bidders,

nondiscriminatory, and must include the following

information:

(1) the Releasing Shipper's name and

address, and the name, title, address, and

telephone number of the contact person regarding

the notice;

(2) the Service Agreement designation,

if any, of the firm capacity rights the Releasing

Shipper is releasing, together with any applicable

segment capacity rights the Releasing Shipper is

releasing;