K N Interstate Gas Transmission Co.

Third Revised Volume No. 1-B

Effective Date: 08/01/1996, Docket: RP96-296-000, Status: Effective

Original Sheet No. 46 Original Sheet No. 46 : Superseded

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

(5) the requested term of the release;

(6) the replacement Shipper name in a

pre-arranged release (if any);

(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 reservation or

volumetric releases;

(11) an indication whether Shipper wants

Transporter to use 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 cannot apply to prearranged releases at

the maximum rate or to releases of less than one

(1) calendar month. For exemption from posting

requirements, prearranged releases of less than

one (1) calendar month must at least match the

highest posted rate.