<?xml version = '1.0'?>
<!DOCTYPE REPORT [ 
<!ELEMENT REPORT (REPORT_HEADER?,REPORT_BODY?)>
<!ELEMENT REPORT_HEADER (HEADROW*)>
<!ELEMENT HEADROW (REPORT_NAME?,TITLE?, RPT_DATE?, TRADE_DATE?)>
<!ATTLIST HEADROW num CDATA #REQUIRED>
<!ELEMENT REPORT_NAME (#PCDATA)>
<!ELEMENT TITLE (#PCDATA)>
<!ELEMENT RPT_DATE (#PCDATA)>
<!ELEMENT REPORT_BODY (PAGE*, NoDataFound?)>
<!ELEMENT NoDataFound EMPTY>
<!ELEMENT PAGE (DATAROW)*>
<!ELEMENT DATAROW (TRADE_DATE?,DELIVERY_HOUR,DELIVERY_INTERVAL,SCHEDULED_SYSTEM_LOAD?,STEM_PRICE_PER_MWH?,RELEVANT_QUANTITY?,REASON_CODE?,MCAP_PRICE_PER_MWH?,UDAP_PRICE_PER_MWH?,DDAP_PRICE_PER_MWH?)>
<!ATTLIST DATAROW num CDATA #REQUIRED>
<!ELEMENT TRADE_DATE (#PCDATA)>
<!ELEMENT DELIVERY_HOUR (#PCDATA)>
<!ELEMENT DELIVERY_INTERVAL (#PCDATA)>
<!ELEMENT SCHEDULED_SYSTEM_LOAD (#PCDATA)>
<!ELEMENT STEM_PRICE_PER_MWH (#PCDATA)>
<!ELEMENT RELEVANT_QUANTITY (#PCDATA)>
<!ELEMENT REASON_CODE (#PCDATA)>
<!ELEMENT MCAP_PRICE_PER_MWH (#PCDATA)>
<!ELEMENT UDAP_PRICE_PER_MWH (#PCDATA)>
<!ELEMENT DDAP_PRICE_PER_MWH (#PCDATA)>
]>
<REPORT>
   <REPORT_HEADER>
      <HEADROW num="1">
         <REPORT_NAME>EM_AdminBalPrices</REPORT_NAME>
         <TITLE>Administered Balancing Prices (SWIS)</TITLE>
         <RPT_DATE>Jun 18, 2012 02:35:39 PM</RPT_DATE>
         <TRADE_DATE>20120614</TRADE_DATE>
      </HEADROW>
   </REPORT_HEADER>
<REPORT_BODY>
<PAGE>
   <DATAROW num="1">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>0</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>771.658</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>796.343</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28.8</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>31.68</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="2">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>0</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>743.263</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>766.045</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.8</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="3">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>1</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>731.464</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>755.1</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.8</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="4">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>1</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>733.597</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>738.461</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>27.83</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.61</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="5">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>2</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>730.016</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>726.843</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>27.6</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.36</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="6">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>2</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>722.896</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>721.766</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>27.91</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.7</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="7">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>3</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>716.421</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>719.425</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>27.99</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.79</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="8">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>3</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>719.5</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>736.531</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.8</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="9">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>4</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>732.514</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.49</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>744.782</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>27.84</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.62</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="10">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>4</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>755.581</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>9</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>752.539</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>17.49</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>19.24</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="11">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>5</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>792.709</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>11.12</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>811.359</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>17.49</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>19.24</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="12">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>5</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>851.477</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>13.24</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>866.158</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>17.44</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>19.18</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="13">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>6</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>941.044</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>15.39</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>955.051</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>24.81</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>27.29</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="14">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>6</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1046.244</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>22.15</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1065.733</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>30.2</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>33.22</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="15">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>7</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1108.723</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>40.82</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1207.65</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>61.73</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>67.9</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="16">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>7</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1177.227</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>41.47</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1233.899</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>53.72</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>59.09</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="17">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>8</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1167.158</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>50.01</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1245.403</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>72.95</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>36.47</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>94.83</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="18">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>8</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1165.708</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>43.7</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1232.752</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>60.23</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>30.12</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>78.3</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="19">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>9</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1156.384</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>38.53</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1214.979</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>51.49</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>25.75</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>66.94</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="20">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>9</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1139.749</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>33.23</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1183.058</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>39.31</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>19.66</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>51.1</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="21">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>10</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1122.222</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>33.24</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1207.504</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>44.98</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>22.49</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>58.47</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="22">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>10</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1112.179</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>33.22</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1226.571</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>56</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>28</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>72.8</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="23">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>11</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1104.678</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>32.88</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1200.097</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>51.36</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>25.68</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>66.77</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="24">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>11</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1104.774</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>33.78</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1173.016</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>40.82</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>20.41</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>53.07</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="25">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>12</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1106.43</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>33.72</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1185.074</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>49.8</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>24.9</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>64.74</DDAP_PRICE_PER_MWH>
   </DATAROW>
</PAGE>
<PAGE>
   <DATAROW num="26">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>12</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1106.951</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>28.53</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1182.092</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>44.98</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>22.49</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>58.47</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="27">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>13</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1110.941</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>28</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1217.125</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>53.99</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>27</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>70.19</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="28">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>13</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1105.58</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>28</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1245.323</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>62.13</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>31.07</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>80.77</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="29">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>14</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1104.885</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>28</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1230</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>58.87</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>29.43</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>76.53</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="30">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>14</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1106.84</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>28</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1222.024</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>60.02</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>30.01</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>78.03</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="31">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>15</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1110.708</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>34.19</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1251.893</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>60.02</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>30.01</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>78.03</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="32">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>15</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1133.943</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>40.19</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1321.256</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>314</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>157</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>408.2</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="33">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>16</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1149.034</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>50.41</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1338.734</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>311.86</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>155.93</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>405.42</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="34">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>16</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1199.127</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>62.13</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1350.9</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>204.99</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>102.5</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>266.49</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="35">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>17</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1251.949</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>62.13</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1390.461</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>85.33</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>42.67</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>110.93</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="36">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>17</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1319.461</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>66.24</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1452.199</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>98.24</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>49.12</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>127.71</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="37">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>18</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1365.94</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>76.11</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1445.444</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>102.85</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>51.42</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>133.7</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="38">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>18</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1382.285</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>80.59</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1445.202</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>102.77</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>51.38</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>133.6</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="39">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>19</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1366.839</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>73.11</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1410.329</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>99.32</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>49.66</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>129.12</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="40">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>19</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1321.861</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>62.71</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1371.96</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>91.92</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>45.96</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>119.5</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="41">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>20</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1276.018</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>54.33</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1347.172</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>78.64</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>39.32</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>102.23</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="42">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>20</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1218.55</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>41.28</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1295.07</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>62.93</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>31.47</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>81.81</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="43">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>21</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1166.448</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>40.82</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1215.268</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>53.57</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>26.79</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>69.64</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="44">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>21</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1078.032</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>40.9</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1133.98</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>47.99</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>24</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>62.39</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="45">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>22</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>1001.063</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>16.55</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>1026.947</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>30.2</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>33.22</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="46">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>22</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>924.001</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>13.23</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>926.689</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>13.23</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>14.55</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="47">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>23</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>1</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>861.113</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>17.55</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>878.378</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>30.8</DDAP_PRICE_PER_MWH>
   </DATAROW>
   <DATAROW num="48">
      <TRADE_DATE>14/06/2012</TRADE_DATE>
      <DELIVERY_HOUR>23</DELIVERY_HOUR>
      <DELIVERY_INTERVAL>2</DELIVERY_INTERVAL>
      <SCHEDULED_SYSTEM_LOAD>810.419</SCHEDULED_SYSTEM_LOAD>
      <STEM_PRICE_PER_MWH>21.1</STEM_PRICE_PER_MWH>
      <RELEVANT_QUANTITY>832.004</RELEVANT_QUANTITY>
      <REASON_CODE>Recalculated        </REASON_CODE>
      <MCAP_PRICE_PER_MWH>28.8</MCAP_PRICE_PER_MWH>
      <UDAP_PRICE_PER_MWH>0</UDAP_PRICE_PER_MWH>
      <DDAP_PRICE_PER_MWH>31.68</DDAP_PRICE_PER_MWH>
   </DATAROW>
</PAGE>
</REPORT_BODY>
</REPORT>
