STAGE 3 EMERGENCY EXTENSION [200100690]

The California Independent System Operator is extending the Stage 3 Emergency through 01/20/2001 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 3: Operating reserves are currently, or forecast to be, below 1-1/2%. The UDC will implement their electrical emergency plan and/or other load dropping to effect involuntary firm demand reductions, in addition to ALL Interruptible Service reductions AS DIRECTED BY THE CAISO.

This message is from Market Operations at the California ISO.

This notice supercedes notice 200100689

Notice issued at: 01/20/2001 11:22

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.

-- Jim Davis (JED@verio.con), January 20, 2001