STAGE 1 EMERGENCY NOTICE [200100861]

The California Independent System Operator is implementing Stage 1 of the Electrical Emergency Plan for the period 03/05/2001 08:00 through 03/05/2001 23:59.

The CAISO is continuing to request additional Supplemental Energy bids during this period. The Plan has been implemented for the following reason(s):

Insufficient Resources

Participating Transmission Owners are to notify the Utility Distribution Companies within their operational areas.

Stage 1: Operating reserves are currently, or forecast to be, less than minimum.

Advise the Utility Distribution Company of potential power shortages and request the UDC to advise end-use customers to reduce demand to minimum requirements without disruption of employment or curtailment of industrial production or commerce.

Advise the UDC to prepare for possible implementation of interruptible load programs and/or electrical emergency plan.

This message is from Market Operations at the California ISO.

Notice issued at: 03/05/2001 07:51

The system conditions described in this communication are dynamic and subject to change. While the ISO has attempted to reflect the most current, accurate information available in preparing this notice, system conditions may change suddenly with little or no notice.

-- Swissrose (cellier3@mindspring.com), March 05, 2001