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Original Sheet No. 54 Original Sheet No. 54 : Superseded

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

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 thirty days after the first release

period has ended. Capacity releases for less than

one (1) month 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 roll over.

b. Assignment of capacity for periods less than one

(1) month 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 applicable tariff

provisions for payment of such amounts in Section 10.