K N Interstate Gas Transmission Co.

First Revised Volume No. 1-D

Effective Date: 07/10/1995, Docket: RP95-412-000, Status: Effective

Second Revised Sheet No. 39 Second Revised Sheet No. 39 : Superseded

Superseding: First Revised Sheet No. 39

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

(7) the receipt and delivery point(s) at which Shipper will release

capacity and the firm quantities to be released at such

point(s);

(8) an indication whether Shipper is willing to release an amount

less than requested and for a shorter time period than

requested;

(9) an indication whether Shipper is willing to release capacity on

a volumetric reservation rate basis;

(10) an indication whether Shipper is willing to release capacity at

a rate lower than Transporter's currently effective maximum

reservation charge(s). If "yes", Shipper must indicate the

minimum rate it is willing to accept for either fixed or

volumetric reservation rate releases;

(11) an indication whether Shipper wants Transporter to use net

present value (NPV) to determine the successful bid. If so,

specify discount rate: If not, specify desired criteria;

(12) the requested bid period; and

(13) any other conditions of the release, including the ability to

withdraw the release, ability to recall the release and the

recall conditions, whether contingent bids will be accepted and

under what conditions.

b. If a releasing Shipper finds a replacement Shipper while the

capacity is posted on the electronic bulletin board, the

releasing Shipper must repost the release or notify Transporter

as soon as possible for reposting. The capacity must be posted

again for at least two days or longer at the releasing

Shipper's option. The second round of posting shall not apply

to prearranged releases at the maximum rate or to releases at

the maximum rate or to releases of thirty-one (31) days or

less. For exemption from posting requirements, prearranged

releases of thirty-one (31) days or less must at least match

the highest posted rate.