K N Interstate Gas Transmission Co.

First Revised Volume No. 1-D

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

Second Revised Sheet No. 47 Second Revised Sheet No. 47 : Superseded

Superseding: First Revised Sheet No. 47

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

23.11 CAPACITY RELEASE FOR THIRTY-ONE (31) DAYS OR LESS.

a. Prearranged assignment of capacity to a replacement Shipper

will take place immediately when capacity is released by a firm

Shipper who has pre-arranged a release to a designated

replacement Shipper for a period of thirty-one (31) days or

less. Such capacity releases will be posted on the electronic

bulletin board within forty-eight (48) hours of the release for

information purposes. A short term release at the maximum rate

may be rolled over. For prearranged releases at less than

maximum rate a releasing Shipper may not roll over, extend or

in any way continue a release under this section without

complying with the notification and bidding requirements of

this section, and may not re-release to the same replacement

Shipper under this section until twenty-eight (28) days after

the first release period has ended. Capacity releases for

thirty-one (31) days or less at maximum rate may be rolled over

if both parties notify Transporter no later than one (1) day

before the applicable nomination deadline of their plan to

rollover.

b. Assignment of capacity for periods thirty-one (31) days or less

may be posted on the EBB for bidding. Such capacity releases

will be posted on the EBB for four (4) hours. Such releases

must be consummated within twenty-four (24) hours of posting or

within twenty-four (24) hours after the Transporter receives

the release notification, whichever is later. At the releasing

or replacement Shipper's option, the gas may flow after the

twenty-four (24) hour period.

23.12 PAYMENT FOR RELEASED CAPACITY ACQUIRED

Payment for reservation, capacity and commodity charges will be due

as required under the payment provisions contained in these Buffalo

Wallow General Terms and Conditions.