3. ALTHOUGH MY CREDA 166 INDICATED THAT THE SERVICES OF THE CEGB COULD BE MADE AVAILABLE QUOTE AT NO COST TO CLP/PEPCO UNQUOTE

WE WOULD PREFER THAT NO REFERENCE TO THIS WAS INCLUDED IN ANY FORMAL LETTER THAT IS SENT TO STONES. AS A MATTER OF NEGOTIATION WE MAY NOT WISH TO OFFER CEGB SERVICES FREE OF CHARGE AT THE BEGINNING OF

OUR DISCUSSIONS.

4. GEC HAVE ASKED FOR CLARIFICATION OF CLP/PEPCO WISHES ON ONE POINT (I HOPE CEGB TEAM WILL BE ABLE TO BRING BACK GUIDANCE ON THIS). GEC HAS IMPRESSION CLP IS LOOKING TO PLACE ORDER FOR 2 X 350 MW SOON WITH OPTION TO PLACE FURTHER 2 X 350 MW ORDER AT LATER DATE. SHOULD PACKAGE OF PROPOSALS QUOTE PRICE FOR ALL 4 UNITS, AS IF COMPLETE ORDER WAS TO BE PLACED SOON OR WOULD CLP PREFER GENUINE OPTION ON LATTER TWO SETS (IE WITH CUT-OFF DATE BEYOND WHICH PRICE WOULD BE RENEGOTIABLE)? MACDONALD IC2.

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