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					PacifiCorp                                                                                                     PAGE               3.4
WA General Rate Case - December 2009
SO2 Emission Allowances


                                                                            TOTAL                                   WA
                                                 ACCOUNT        Type      COMPANY        FACTOR    FACTOR %     ALLOCATED         REF#
Adjustment to Operating Income:
Remove CY 2009 'Per Books' Allowance Sales         4118        RES          3,790,891      SE        7.890%         299,113       3.4.3
Add CY 2010 Amortization                           4118        RES           (537,064)     WA         Situs        (537,064)      3.4.3
                                                                            3,253,827                              (237,951)

Adjustment to Rate Base:
Accum Deferred Income Taxes                         190        RES          1,600,912      WA         Situs       1,600,912       3.4.3
Regulatory Deferred Sales                          25398       RES         (4,218,445)     WA         Situs      (4,218,445)      3.4.3
                                                                           (2,617,533)                           (2,617,533)



Adjustment to Tax:
Schedule M Additions                             SCHMAT        RES            28,799       WA         Situs          28,799       3.4.3
Schedule M Deduction                             SCHMDT        RES           537,064       WA         Situs         537,064       3.4.3
DIT Expense                                       41110        RES           (10,930)      WA         Situs         (10,930)      3.4.3
DIT Expense                                       41010        RES           203,821       WA         Situs         203,821       3.4.3




Description of Adjustment:

This restating and pro forma adjustment removes the sales occurring in the historical period and includes amortization of sales
over a fifteen-year period. This treatment was approved in Docket UE-940947. Washington’s allocation of the revenues is
determined by the allowances provided by the Jim Bridger and Colstrip Unit 4 generating resources. These revenues have been
adjusted back to the Test Period using the production factor as outlined on adjustment page 9.1.
PacifiCorp                                              Beginning of the Period              Dec-09

WA General Rate Case - December 2009                          Ending of the Period           Dec-10

SO2 Allowance Sales                                                                                                                                                                                                                    Accumulated         Accumulated

                                               Date                                  Accumulated        End Unamort          Current Period       Beg Unamort       Unrealized Gain        Realized Gain            D.I.T.              Deferred            Deferred

Description                                   Booked   Ref.      Sales To Date       Amortization         Balance            Amortization          Balance             SCHMAT                SCHMDT               Expense              Income Tax          Income Tax

                                                                    Dec-10             Dec-10             Dec-10            12 Months Ended         Dec-09          12 Months Ended       12 Months Ended      12 Months Ended           Dec-09              Dec-10

Illinois Power, Centre Financial, & Auction   Sep-94    1               9,284,419          9,284,419                   0                      0                 0                     0                    0                      0                 (39)                (39)

EPA Auction                                   Dec 94    2                  29,041            29,041                    0                      0                 0                     0                    0                      0                  (0)                 (0)

Cantor, Emission Exchange & Auction           Apr-95    3               2,294,650          2,294,650                   0              38,254             38,254                       0             38,254                   14,518           14,507                    (11)

EPA Auction                                   May 95    4                  25,252            25,252                    0                 612                 612                      0               612                      232                 232                   (0)

Cantor Fitzgerald Brokerage                   Jun-95    5               1,086,300          1,086,300                   0              30,175             30,175                       0             30,175                   11,452           11,447                     (5)

Cantor Fitzgerald and Enron                   Jul-95    6               2,746,523          2,746,523                   0              91,631             91,631                       0             91,631                   34,775           34,762                    (13)

EPA Auction                                   Sep-95    7                    3,674              3,674                  0                 234                 234                      0               234                       89                   89                  (0)

EPA Auction                                   Oct 95    8                  14,096            14,096                    0                 758                 758                      0               758                      288                 288                   (0)

EPA Auction                                   Dec 95    9                    5,374              5,374                  0                 304                 304                      0               304                      115                 115                   (0)

Cantor Fitzgerald Brokerage                   Feb 96   10               1,315,000          1,307,774                7,226             87,672             94,898                       0             87,672                   33,272           36,008                  2,736

Enron                                         Mar-96   11               2,096,250          2,072,988            23,262               139,752            163,014                       0            139,752                   53,037           61,854                  8,817

Cantor Fitzgerald Brokerage                   Apr-96   12                 268,000           263,553                 4,447             17,868             22,315                       0             17,868                    6,781               8,467               1,686

EPA Auction                                   Jun-96   13                 150,288           146,125                 4,163             10,020             14,183                       0             10,020                    3,803               5,382               1,579

Cantor Fitzgerald & EPA Auction               Jul-96   14               1,265,449          1,223,220            42,229                84,360            126,589                       0             84,360                   32,015           48,035              16,019

EPA Auction                                   Aug-96   15                    3,308              3,114                194                 216                 410                      0               216                       82                 156                   74

Enron                                         Sep-96   16               1,600,000          1,528,908            71,092               106,668            177,760                       0            106,668                   40,482           67,453              26,971

Clean Air Cap. Mrkts Settlement & Auction     Dec 96   17                (927,450)         (870,857)           (56,593)               (61,836)          (118,429)                     0            (61,836)              (23,467)             (44,940)            (21,472)

Cantor Fitzgerald and Enron                   Feb 97   18               6,083,388          5,644,099           439,289               405,564            844,853                       0            405,564              153,916              320,595             166,679

Enron                                         Apr-97   19               1,588,800          1,456,455           132,345               105,924            238,269                       0            105,924                   40,199           90,416              50,217

AIG Trading Corporation                       May 97   20               1,100,000          1,002,204            97,796                73,332            171,128                       0             73,332                   27,830           64,938              37,108

Duke Energy & AIG Trading Corp.               Jun-97   21               2,182,250          1,976,212           206,038               145,488            351,526                       0            145,488                   55,214          133,394              78,180

Enron & AIG Trading Corp.                     Jul-97   22               1,175,500          1,058,022           117,478                78,372            195,850                       0             78,372                   29,743           74,320              44,577

Virginia Electric Power & EPA Auction         Sep-97   23               2,070,215          1,840,160           230,055               138,012            368,067                       0            138,012                   52,377          139,672              87,295

Enron                                         Oct-97   24                (225,898)         (199,545)           (26,353)               (15,060)           (41,413)                     0            (15,060)                  (5,715)          (15,715)            (10,000)

Enron & AIG Trading Corp.                     Nov 97   25               2,852,500          2,503,826           348,674               190,164            538,838                       0            190,164                   72,169          204,476             132,307

AIG Trading Corporation                       Dec 97   26               3,500,000          3,052,708           447,292               233,328            680,620                       0            233,328                   88,550          258,280             169,729

PSE&G                                         Jan 98   27               1,165,289          1,009,944           155,345                77,688            233,033                       0             77,688                   29,483           88,431              58,947

Enron                                         Feb 98   28                 945,000           813,750            131,250                63,000            194,250                       0             63,000                   23,909           73,714              49,805

Sempra & Cantor Fitzgerald                    Mar 98   29               2,875,000          2,459,688           415,312               191,664            606,976                       0            191,664                   72,738          230,335             157,596

Sempra, APS, LG&E, & Cantor Fitzgerald        Apr-98   30               6,262,308          5,323,023           939,285               417,492           1,356,777                      0            417,492              158,442              514,869             356,427




                                                                                                                                Page 3.4.2
PacifiCorp                                                       Beginning of the Period              Dec-09

WA General Rate Case - December 2009                                   Ending of the Period           Dec-10

SO2 Allowance Sales                                                                                                                                                                                                                          Accumulated        Accumulated

                                                        Date                                  Accumulated        End Unamort          Current Period     Beg Unamort        Unrealized Gain        Realized Gain           D.I.T.             Deferred           Deferred

Description                                            Booked   Ref.      Sales To Date       Amortization         Balance            Amortization        Balance              SCHMAT                SCHMDT              Expense             Income Tax         Income Tax

                                                                             Dec-10             Dec-10             Dec-10            12 Months Ended       Dec-09           12 Months Ended       12 Months Ended     12 Months Ended          Dec-09             Dec-10

EPA Auction                                            May 98   31                 271,483           229,216             42,267                18,096           60,363                        0             18,096                   6,868          22,907             16,039

EPA Auction                                            Jul-98   32                    5,701              4,800                901                 384               1,285                     0               384                     146                488                342

EPA Auction                                            Aug-98   33                    4,049              3,278                771                 264               1,035                     0               264                     100                393                293

EPA Auction                                            Jun-99   34                 426,713           329,569             97,144                28,452          125,596                        0             28,452                  10,798          47,662             36,864

EPA Auction                                            Jul-99   35                    7,655              5,934               1,721                516               2,237                     0               516                     196                849                653

EPA Auction                                            Aug-99   36                  27,204            20,687                 6,517              1,812               8,329                     0              1,812                    688               3,161              2,473

EPA Auction                                            Sep-99   37                    1,743              1,360                383                 120                503                      0               120                      46                191                145

EPA Auction                                            Jun-00   38                 498,302           351,536            146,766                33,216          179,982                        0             33,216                  12,606          68,301             55,695

Koch Carbon                                            Aug-00   39               2,202,000          1,529,125           672,875               146,796          819,671                        0            146,796                  55,711         311,055            255,345

PSE&G                                                  Sep-00   40               2,269,500          1,563,392           706,108               151,296          857,404                        0            151,296                  57,418         325,375            267,956

AEP #1, Greys Harbor, and Colstrip                     Oct-00   41               2,341,624          1,600,107           741,517               156,108          897,625                        0            156,108                  59,245         340,638            281,394

AEP #2, Snohomish                                      Nov-00   42               2,178,932          1,476,810           702,122               145,260          847,382                        0            145,260                  55,128         321,572            266,444

Tacoma, Seattle, Avista, PGE, Aquila Svc. Co, Hayden   Dec-00   43               1,329,249           893,585            435,664                88,620          524,284                        0             88,620                  33,632         198,960            165,328

APS, AEP and Dynegy                                    Jan-01   44               5,065,500          3,377,040         1,688,460               337,704         2,026,164                       0            337,704             128,162             768,907            640,745

Coral Energy, Panda Brandywine                         Mar-01   45                    2,400              1,534                866                 156               1,022                     0               156                      59                388                329

EPA Auction                                            May-01   46                 602,638           388,368            214,270                40,176          254,446                        0             40,176                  15,247          96,560             81,312

EPA Auction                                            Jun-01   47                  32,161            20,585             11,576                 2,148           13,724                        0              2,148                    815               5,208              4,393

EPA Auction and Kern River-NOx                         Jul-01   48                  43,171            27,360             15,811                 2,880           18,691                        0              2,880                   1,093              7,093              6,000

Enron Write-Off                                        Dec-01   49              (2,111,250)        (1,278,461)         (832,789)             (140,748)         (973,537)                      0           (140,748)             (53,415)           (369,448)          (316,033)

EPA Auction - Yampa                                    May-02   50                  10,485               6,032               4,453                696               5,149                     0               696                     264               1,954              1,690

EPA Auction                                            Jun-02   51                 519,013           296,949            222,064                34,596          256,660                        0             34,596                  13,130          97,400             84,271

EPA Auction - APS                                      Jul-02   52                  28,130            15,912             12,218                 1,872           14,090                        0              1,872                    710               5,347              4,637

EPA Auction - Hayden                                   Nov-02   53                    9,132              4,998               4,134                612               4,746                     0               612                     232               1,801              1,569

EPA Auction;APS;Tri-State;Colstrip                     Jul-03   54                 575,605           287,820            287,785                38,376          326,161                        0             38,376                  14,564         123,782            109,217

EPA Auction - Hayden                                   Oct-03   55                    9,431              4,524               4,907                624               5,531                     0               624                     237               2,099              1,862

EPA Auction                                            May-04   56                 827,812           367,920            459,892                55,188          515,080                        0             55,188                  20,944         195,478            174,534

EPA Auction - APS/Colstrip/Yampa/Hayden                Jun-04   57                  80,369            35,234             45,135                 5,352           50,487                        0              5,352                   2,031          19,160             17,129

EPA Auction                                            May-05   58               2,065,357           780,232          1,285,125               137,688         1,422,813                       0            137,688                  52,254         539,972            487,718

EPA Auction                                            Jun-05   59                 200,914            74,772            126,142                13,392          139,534                        0             13,392                   5,082          52,954             47,872

JP Morgan Sale                                         Dec-05   60              13,958,500          4,730,367         9,228,133               930,564        10,158,697                       0            930,564             353,158            3,855,327          3,502,169




                                                                                                                                         Page 3.4.3
PacifiCorp                                                                      Beginning of the Period                  Dec-09

WA General Rate Case - December 2009                                                 Ending of the Period                Dec-10

SO2 Allowance Sales                                                                                                                                                                                                                                                     Accumulated       Accumulated

                                                               Date                                            Accumulated               End Unamort       Current Period       Beg Unamort        Unrealized Gain        Realized Gain             D.I.T.               Deferred          Deferred

Description                                                   Booked          Ref.      Sales To Date          Amortization                Balance         Amortization           Balance             SCHMAT                SCHMDT                 Expense              Income Tax        Income Tax

                                                                                           Dec-10                 Dec-10                   Dec-10         12 Months Ended         Dec-09           12 Months Ended       12 Months Ended      12 Months Ended             Dec-09            Dec-10

JP Morgan Sale                                                Feb-06           61             12,995,000              4,259,446               8,735,554            866,328            9,601,882                      0            866,328                328,780             3,644,010          3,315,230

EPA Auction                                                   May-06           62              2,392,408                744,296               1,648,112            159,492            1,807,604                      0            159,492                    60,529           686,004            625,475

EPA Auction                                                   Jun-06           63                232,244                  70,950                161,294             15,480              176,774                      0             15,480                     5,875            67,088             61,213

Saracen Energy                                                Mar-07           64              2,322,500                593,538               1,728,962            154,836            1,883,798                      0            154,836                    58,762           714,920            656,158

EPA Auction / Louis Dreyfus                                   Apr-07           65              3,727,548                931,905               2,795,643            248,508            3,044,151                      0            248,508                    94,311          1,155,286          1,060,974

Alpha Energy                                                  May-07           66              2,897,500                708,268               2,189,232            193,164            2,382,396                      0            193,164                    73,308           904,143            830,835

Alpha & Fortis                                                Oct-07           67              2,872,500                622,362               2,250,138            191,496            2,441,634                      0            191,496                    72,675           926,625            853,950

Saracen / DTE Coal Services                                   Dec-07           68              2,843,450                584,489               2,258,961            189,564            2,448,525                      0            189,564                    71,941           929,240            857,298

EPA Auction                                                   Apr-08           69              1,192,027                218,526                 973,501             79,464            1,052,965                      0             79,464                    30,157           399,611            369,454

Sempra #1                                                     Oct-08           70                149,500                  22,437                127,063              9,972              137,035                      0              9,972                     3,784            52,006             48,222

Various                                                       Nov-08           71              1,393,500                201,292               1,192,208             92,904            1,285,112                      0             92,904                    35,258           487,713            452,455
Shell, Dreyfus                                                Dec-08           72              2,154,000                299,175               1,854,825            143,604            1,998,429                      0            143,604                    54,499           758,424            703,925

Shell                                                         Jan-09           73                194,500                  25,944                168,556             12,972              181,528                      0             12,972                     4,923            68,892             63,969

EPA Auction                                                   Apr-09           74                173,141                  20,202                152,939             11,544              164,483                      0             11,544                     4,381            62,423             58,042

Various*                                                      Jun-09           75              1,017,500                107,407                 910,093             67,836              977,929                      0             67,836                    25,744           371,134            345,389

Vitol, Inc; Edison Mission                                    Aug-09           76              1,455,000                169,743               1,285,257             96,996            1,382,253                      0             96,996                    36,811           524,579            487,768
Koch Supply and Trading, LP; Vitol, Inc; AES Deepwater        Sep-09           77                950,750                100,358                 850,392             63,384              913,776                      0             63,384                    24,055           346,787            322,732

Barclays Bank PLC                                             Feb-10           78                402,500                  24,596                377,904             24,596                    0             402,500                24,596               (143,418)                     0          143,418

                                                               Totals                        125,683,619             75,960,219           49,723,400            7,506,012            56,826,912            402,500             7,506,012               2,695,854            21,565,955        18,870,101
                                                                                                                         Washington Weighted % - 2009               7.155%                                   7.155%                7.155%                 7.155%
                              Actual Sales 12 ME Dec 2009 (PER BOOKS)                         3,790,891                                                           537,064                                   28,799               537,064                192,892
                                                                                                Ref# 3.4                                                          Ref# 3.4                                 Ref# 3.4              Ref# 3.4
            *June 2009 Various Buyers:                                                                            SO2 creditUnamortized Balance                                                                                                                                                     DIT Unamort Balance
CE2 Environmental Opportunities I LP                                 93,125                                       Total Co.           WA Portion                                                     DIT Expense                                                                            Total Co.              WA Portion
CE2 Environmental Markets LP                                         93,125         Beginning Balance                56,826,912             4,066,034                                                      2,848,607                         Beginning Balance                                 21,565,955                  1,543,070
NRG                                                                 645,000                 Jan-09                   60,618,334             4,337,314               Washington Weighted % - 2009              7.155%                                 Jan-09                                    23,004,838                  1,646,024
Ohio Valley                                                         186,250                 Feb-09                   59,942,310             4,288,944                                                       203,821                                  Feb-09                                    22,748,280                  1,627,667
                                                                  1,017,500                 Mar-09                   59,266,286             4,240,574                                                       Ref# 3.4                                 Mar-09                                    22,491,722                  1,609,310
                                                                                            Apr-09                   60,209,358             4,308,052                                                                                                Apr-09                                    22,849,627                  1,634,918
                                                                                           May-09                    59,524,289             4,259,034                                                     (152,753)                                 May-09                                     22,589,637                  1,616,316
                                                                                            Jun-09                   60,796,535             4,350,065               Washington Weighted % - 2009             7.155%                                  Jun-09                                    23,072,467                  1,650,863
                                                                                            Jul-09                   60,100,531             4,300,265                                                      (10,930)                                  Jul-09                                    22,808,326                  1,631,963
                                                                                            Aug-09                   59,404,508             4,250,464                                                      Ref# 3.4                                  Aug-09                                    22,544,179                  1,613,063
                                                                                            Sep-09                   58,760,084             4,204,354                                                                                                Sep-09                                    22,299,652                  1,595,567
                                                                                            Oct-09                   58,115,660             4,158,245                                                                                                Oct-09                                    22,055,087                  1,578,068
                                                                                            Nov-09                   57,471,175             4,112,131                                                                                                Nov-09                                    21,810,499                  1,560,567
                                                                                        Ending Balance               49,723,400             3,557,769                                                                                           Ending Balance                                 18,870,101                  1,350,178
                                                                              Average of Monthly Averages            58,957,018           4,218,445                                                                                       Average of Monthly Averages                          22,374,362                1,600,912
                                                                                                                                            Ref # 3.4                                                                                                                                                                       Ref# 3.4

Note: Washington's share of emission allownce sales is based on allowances provided by the Jim Bridger and Colstrip generation plants.




                                                                                                                                                              Page 3.4.4
PacifiCorp                                                         Page 3.4.4
WA General Rate Case - December 2009
SO2 Emission Allowances
SAP Account 301947 - 12ME Dec 2009


   Year      Month        Amount         Balance
      2009         1         (194,500)       (194,500)
      2009         2              -          (194,500)
      2009         3              -          (194,500)
      2009         4         (173,141)       (367,641)
      2009         5              -          (367,641)
      2009         6       (1,017,500)     (1,385,141)
      2009         7              -        (1,385,141)
      2009         8       (1,455,000)     (2,840,141)
      2009         9         (950,750)     (3,790,891)
      2009        10              -        (3,790,891)
      2009        11              -        (3,790,891)
      2009        12              -        (3,790,891) Pg. 3.4.3
Effective Tax rate (for sales before April 2003)                 37.950%
Effective Tax rate (for sales after April 2003)                  37.951%


First month of the test period                                    Dec-09
Last month of the test period                                     Dec-10
Note: Must be thirteen months (13); example Sept 01 to Sept 02
TAX PROOF
Line No.                                                         Dec-09

    1 Book Income                                                 (3,790,891) Base period Sales

    2 Regulatory Adjustments- Remove Book Income (BASE Period)     3,790,891
    3 Regulatory Adjustments- Include TEST period Income            (537,064) Realized Gain

    4 Regulatory Net Income                                         (537,064) Accum realized Gain at end of each period


      Taxable Income Calculation:
    5 Regulatory Net Income                                         537,064 RAM/JAM look at all revenues as positive numbers for tax calculations

    6 Tax Adjustments-Include Cash                                    28,799 Unrealized Gain
    7 Tax Adjustments-Remove Amortization                           (537,064) Realized Gain

    8 Taxable Income                                                 28,799 Total sales

    9 Current tax expense                                            10,930 Total Sales times 0.37951

   10 Deferred Tax Expense 410                                      203,821 Amortization related D.I.T. Expense
   11 Deferred Tax Expense 411                                      (10,930) Current Sales related D.I.T. Expense

   12 Total Tax Expense                                             203,822

   13 Tax on Regulatory Net Income from line 4 above                203,816

                                                                          (6) Difference due to change in tax rate prior to May 2003
SO2 Allowance Sales Gain - Amortization Schedule
Illinois Power, Centre Financial & Auction
        (A)              (B)            (C)     (D)           (E)            (F)          (G)        (H)          (I)         (J)          (K)          (L)          (M)          (N)           (O)            (P)
                                            [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)        (D)                     (K)*(G)      (M)-(J)
                                                                                                                                                                                 D.I.T.        D.I.T.
                                             Monthly      Accumulated     Balance to             Monthly Tax Accumulated                 Monthly    Accumulated                Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months     Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain        Tax      Book Gain    Book Gain     Book Tax    Expense        Expense       Reserve         Dec-09       Dec-10    Total
      Sep-94        (9,284,419)   1             51,580           51,580     (9,232,839) 37.950% 9,284,419       9,284,419   3,523,437      51,580         51,580     19,575   (3,503,862)     (3,503,862)    3,503,862   9,284,419    9,284,419       0    Amortization For The Test Period
      Oct-94                      2             51,580          103,160     (9,181,259) 37.950%                 9,284,419                  51,580        103,160     19,575       19,575      (3,484,288)    3,484,288          39           39       0    D.I.T. Expense For the Test Period
      Nov-94                      3             51,580          154,740     (9,129,679) 37.950%                 9,284,419                  51,580        154,740     19,575       19,575      (3,464,713)    3,464,713         (39)         (39)    (39)   Average Deferred Tax Reserve Balance
      Dec-94                      4             51,580          206,320     (9,078,099) 37.950%                 9,284,419                  51,580        206,320     19,575       19,575      (3,445,139)    3,445,139
      Jan-95                      5             51,580          257,900     (9,026,519) 37.950%                 9,284,419                  51,580        257,900     19,575       19,575      (3,425,564)    3,425,564   9,284,419    9,284,419      0     Tax Gain (SCHMAT) For The Test Period
      Feb-95                      6             51,580          309,480     (8,974,939) 37.950%                 9,284,419                  51,580        309,480     19,575       19,575      (3,405,989)    3,405,989   9,284,419    9,284,419      0     Realized Book Gain (SCHMDT) For The Test Period
      Mar-95                      7             51,580          361,060     (8,923,359) 37.950%                 9,284,419                  51,580        361,060     19,575       19,575      (3,386,415)    3,386,415
      Apr-95                      8             51,580          412,640     (8,871,779) 37.950%                 9,284,419                  51,580        412,640     19,575       19,575      (3,366,840)    3,366,840
     May-95                       9             51,580          464,220     (8,820,199) 37.950%                 9,284,419                  51,580        464,220     19,575       19,575      (3,347,266)    3,347,266
      Jun-95                      10            51,580          515,800     (8,768,619) 37.950%                 9,284,419                  51,580        515,800     19,575       19,575      (3,327,691)    3,327,691
       Jul-95                     11            51,580          567,380     (8,717,039) 37.950%                 9,284,419                  51,580        567,380     19,575       19,575      (3,308,116)    3,308,116
      Aug-95                      12            51,580          618,960     (8,665,459) 37.950%                 9,284,419                  51,580        618,960     19,575       19,575      (3,288,542)    3,288,542
      Sep-95                      13            51,580          670,540     (8,613,879) 37.950%                 9,284,419                  51,580        670,540     19,575       19,575      (3,268,967)    3,268,967
      Oct-95                      14            51,580          722,120     (8,562,299) 37.950%                 9,284,419                  51,580        722,120     19,575       19,575      (3,249,392)    3,249,392
      Nov-95                      15            51,580          773,700     (8,510,719) 37.950%                 9,284,419                  51,580        773,700     19,575       19,575      (3,229,818)    3,229,818
      Dec-95                      16            51,580          825,280     (8,459,139) 37.950%                 9,284,419                  51,580        825,280     19,575       19,575      (3,210,243)    3,210,243
      Jan-96                      17            51,580          876,860     (8,407,559) 37.950%                 9,284,419                  51,580        876,860     19,575       19,575      (3,190,669)    3,190,669
      Feb-96                      18            51,580          928,440     (8,355,979) 37.950%                 9,284,419                  51,580        928,440     19,575       19,575      (3,171,094)    3,171,094
      Mar-96                      19            51,580          980,020     (8,304,399) 37.950%                 9,284,419                  51,580        980,020     19,575       19,575      (3,151,519)    3,151,519
      Apr-96                      20            51,580        1,031,600     (8,252,819) 37.950%                 9,284,419                  51,580      1,031,600     19,575       19,575      (3,131,945)    3,131,945
     May-96                       21            51,580        1,083,180     (8,201,239) 37.950%                 9,284,419                  51,580      1,083,180     19,575       19,575      (3,112,370)    3,112,370
      Jun-96                      22            51,580        1,134,760     (8,149,659) 37.950%                 9,284,419                  51,580      1,134,760     19,575       19,575      (3,092,796)    3,092,796
       Jul-96                     23            51,580        1,186,340     (8,098,079) 37.950%                 9,284,419                  51,580      1,186,340     19,575       19,575      (3,073,221)    3,073,221
      Aug-96                      24            51,580        1,237,920     (8,046,499) 37.950%                 9,284,419                  51,580      1,237,920     19,575       19,575      (3,053,646)    3,053,646
      Sep-96                      25            51,580        1,289,500     (7,994,919) 37.950%                 9,284,419                  51,580      1,289,500     19,575       19,575      (3,034,072)    3,034,072
      Oct-96                      26            51,580        1,341,080     (7,943,339) 37.950%                 9,284,419                  51,580      1,341,080     19,575       19,575      (3,014,497)    3,014,497
      Nov-96                      27            51,580        1,392,660     (7,891,759) 37.950%                 9,284,419                  51,580      1,392,660     19,575       19,575      (2,994,923)    2,994,923
      Dec-96                      28            51,580        1,444,240     (7,840,179) 37.950%                 9,284,419                  51,580      1,444,240     19,575       19,575      (2,975,348)    2,975,348
      Jan-97                      29            51,580        1,495,820     (7,788,599) 37.950%                 9,284,419                  51,580      1,495,820     19,575       19,575      (2,955,773)    2,955,773
      Feb-97                      30            51,580        1,547,400     (7,737,019) 37.950%                 9,284,419                  51,580      1,547,400     19,575       19,575      (2,936,199)    2,936,199
      Mar-97                      31            51,580        1,598,980     (7,685,439) 37.950%                 9,284,419                  51,580      1,598,980     19,575       19,575      (2,916,624)    2,916,624
      Apr-97                      32            51,580        1,650,560     (7,633,859) 37.950%                 9,284,419                  51,580      1,650,560     19,575       19,575      (2,897,049)    2,897,049
     May-97                       33            51,580        1,702,140     (7,582,279) 37.950%                 9,284,419                  51,580      1,702,140     19,575       19,575      (2,877,475)    2,877,475
      Jun-97                      34            51,580        1,753,720     (7,530,699) 37.950%                 9,284,419                  51,580      1,753,720     19,575       19,575      (2,857,900)    2,857,900
       Jul-97                     35            51,580        1,805,300     (7,479,119) 37.950%                 9,284,419                  51,580      1,805,300     19,575       19,575      (2,838,326)    2,838,326
      Aug-97                      36            51,580        1,856,880     (7,427,539) 37.950%                 9,284,419                  51,580      1,856,880     19,575       19,575      (2,818,751)    2,818,751
      Sep-97                      37            51,580        1,908,460     (7,375,959) 37.950%                 9,284,419                  51,580      1,908,460     19,575       19,575      (2,799,176)    2,799,176
      Oct-97                      38            51,580        1,960,040     (7,324,379) 37.950%                 9,284,419                  51,580      1,960,040     19,575       19,575      (2,779,602)    2,779,602
      Nov-97                      39            51,580        2,011,620     (7,272,799) 37.950%                 9,284,419                  51,580      2,011,620     19,575       19,575      (2,760,027)    2,760,027
      Dec-97                      40            51,580        2,063,200     (7,221,219) 37.950%                 9,284,419                  51,580      2,063,200     19,575       19,575      (2,740,453)    2,740,453
      Jan-98                      41            51,580        2,114,780     (7,169,639) 37.950%                 9,284,419                  51,580      2,114,780     19,575       19,575      (2,720,878)    2,720,878
      Feb-98                      42            51,580        2,166,360     (7,118,059) 37.950%                 9,284,419                  51,580      2,166,360     19,575       19,575      (2,701,303)    2,701,303
      Mar-98                      43            51,580        2,217,940     (7,066,479) 37.950%                 9,284,419                  51,580      2,217,940     19,575       19,575      (2,681,729)    2,681,729
      Apr-98                      44            51,580        2,269,520     (7,014,899) 37.950%                 9,284,419                  51,580      2,269,520     19,575       19,575      (2,662,154)    2,662,154
     May-98                       45            51,580        2,321,100     (6,963,319) 37.950%                 9,284,419                  51,580      2,321,100     19,575       19,575      (2,642,580)    2,642,580
      Jun-98                      46            51,580        2,372,680     (6,911,739) 37.950%                 9,284,419                  51,580      2,372,680     19,575       19,575      (2,623,005)    2,623,005
       Jul-98                     47            51,580        2,424,260     (6,860,159) 37.950%                 9,284,419                  51,580      2,424,260     19,575       19,575      (2,603,430)    2,603,430
      Aug-98                      48            51,580        2,475,840     (6,808,579) 37.950%                 9,284,419                  51,580      2,475,840     19,575       19,575      (2,583,856)    2,583,856
      Sep-98                      49            51,580        2,527,420     (6,756,999) 37.950%                 9,284,419                  51,580      2,527,420     19,575       19,575      (2,564,281)    2,564,281
      Oct-98                      50            51,580        2,579,000     (6,705,419) 37.950%                 9,284,419                  51,580      2,579,000     19,575       19,575      (2,544,707)    2,544,707
      Nov-98                      51            51,580        2,630,580     (6,653,839) 37.950%                 9,284,419                  51,580      2,630,580     19,575       19,575      (2,525,132)    2,525,132
      Dec-98                      52            51,580        2,682,160     (6,602,259) 37.950%                 9,284,419                  51,580      2,682,160     19,575       19,575      (2,505,557)    2,505,557
      Jan-99                      53            51,580        2,733,740     (6,550,679) 37.950%                 9,284,419                  51,580      2,733,740     19,575       19,575      (2,485,983)    2,485,983
      Feb-99                      54            51,580        2,785,320     (6,499,099) 37.950%                 9,284,419                  51,580      2,785,320     19,575       19,575      (2,466,408)    2,466,408
      Mar-99                      55            51,580        2,836,900     (6,447,519) 37.950%                 9,284,419                  51,580      2,836,900     19,575       19,575      (2,446,833)    2,446,833
      Apr-99                      56            51,580        2,888,480     (6,395,939) 37.950%                 9,284,419                  51,580      2,888,480     19,575       19,575      (2,427,259)    2,427,259
     May-99                       57            51,580        2,940,060     (6,344,359) 37.950%                 9,284,419                  51,580      2,940,060     19,575       19,575      (2,407,684)    2,407,684
      Jun-99                      58            51,580        2,991,640     (6,292,779) 37.950%                 9,284,419                  51,580      2,991,640     19,575       19,575      (2,388,110)    2,388,110
       Jul-99                     59            51,580        3,043,220     (6,241,199) 37.950%                 9,284,419                  51,580      3,043,220     19,575       19,575      (2,368,535)    2,368,535
      Aug-99                      60            51,580        3,094,800     (6,189,619) 37.950%                 9,284,419                  51,580      3,094,800     19,575       19,575      (2,348,960)    2,348,960
      Sep-99                      61            51,580        3,146,380     (6,138,039) 37.950%                 9,284,419                  51,580      3,146,380     19,575       19,575      (2,329,386)    2,329,386
      Oct-99                      62            51,580        3,197,960     (6,086,459) 37.950%                 9,284,419                  51,580      3,197,960     19,575       19,575      (2,309,811)    2,309,811
      Nov-99                      63            51,580        3,249,540     (6,034,879) 37.950%                 9,284,419                  51,580      3,249,540     19,575       19,575      (2,290,237)    2,290,237
      Dec-99                      64            51,580        3,301,120     (5,983,299) 37.950%                 9,284,419                  51,580      3,301,120     19,575       19,575      (2,270,662)    2,270,662
      Jan-00                      65            51,580        3,352,700     (5,931,719) 37.950%                 9,284,419                  51,580      3,352,700     19,575       19,575      (2,251,087)    2,251,087
      Feb-00                      66            51,580        3,404,280     (5,880,139) 37.950%                 9,284,419                  51,580      3,404,280     19,575       19,575      (2,231,513)    2,231,513
      Mar-00                      67            51,580        3,455,860     (5,828,559) 37.950%                 9,284,419                  51,580      3,455,860     19,575       19,575      (2,211,938)    2,211,938
      Apr-00                      68            51,580        3,507,440     (5,776,979) 37.950%                 9,284,419                  51,580      3,507,440     19,575       19,575      (2,192,364)    2,192,364
     May-00                       69            51,580        3,559,020     (5,725,399) 37.950%                 9,284,419                  51,580      3,559,020     19,575       19,575      (2,172,789)    2,172,789
      Jun-00                      70            51,580        3,610,600     (5,673,819) 37.950%                 9,284,419                  51,580      3,610,600     19,575       19,575      (2,153,214)    2,153,214
       Jul-00                     71            51,580        3,662,180     (5,622,239) 37.950%                 9,284,419                  51,580      3,662,180     19,575       19,575      (2,133,640)    2,133,640
      Aug-00                      72            51,580        3,713,760     (5,570,659) 37.950%                 9,284,419                  51,580      3,713,760     19,575       19,575      (2,114,065)    2,114,065
      Sep-00                      73            51,580        3,765,340     (5,519,079) 37.950%                 9,284,419                  51,580      3,765,340     19,575       19,575      (2,094,490)    2,094,490
      Oct-00                      74            51,580        3,816,920     (5,467,499) 37.950%                 9,284,419                  51,580      3,816,920     19,575       19,575      (2,074,916)    2,074,916
      Nov-00                      75            51,580        3,868,500     (5,415,919) 37.950%                 9,284,419                  51,580      3,868,500     19,575       19,575      (2,055,341)    2,055,341
      Dec-00                      76            51,580        3,920,080     (5,364,339) 37.950%                 9,284,419                  51,580      3,920,080     19,575       19,575      (2,035,767)    2,035,767
      Jan-01                      77            51,580        3,971,660     (5,312,759) 37.950%                 9,284,419                  51,580      3,971,660     19,575       19,575      (2,016,192)    2,016,192
      Feb-01                      78            51,580        4,023,240     (5,261,179) 37.950%                 9,284,419                  51,580      4,023,240     19,575       19,575      (1,996,617)    1,996,617
      Mar-01                      79            51,580        4,074,820     (5,209,599) 37.950%                 9,284,419                  51,580      4,074,820     19,575       19,575      (1,977,043)    1,977,043


                                                                                                                                                    Sep 1994
SO2 Allowance Sales Gain - Amortization Schedule
Illinois Power, Centre Financial & Auction
        (A)              (B)            (C)     (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)          (O)            (P)
                                            [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                              D.I.T.       D.I.T.
                                             Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly     Accumulated   Deferred Tax
 Date of Sale   Amount of Sale    Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense       Expense       Reserve      Dec-09   Dec-10   Total
      Apr-01                        80          51,580        4,126,400     (5,158,019) 37.950%                 9,284,419                51,580      4,126,400     19,575      19,575     (1,957,468)    1,957,468
     May-01                         81          51,580        4,177,980     (5,106,439) 37.950%                 9,284,419                51,580      4,177,980     19,575      19,575     (1,937,894)    1,937,894
      Jun-01                        82          51,580        4,229,560     (5,054,859) 37.950%                 9,284,419                51,580      4,229,560     19,575      19,575     (1,918,319)    1,918,319
       Jul-01                       83          51,580        4,281,140     (5,003,279) 37.950%                 9,284,419                51,580      4,281,140     19,575      19,575     (1,898,744)    1,898,744
      Aug-01                        84          51,580        4,332,720     (4,951,699) 37.950%                 9,284,419                51,580      4,332,720     19,575      19,575     (1,879,170)    1,879,170
      Sep-01                        85          51,580        4,384,300     (4,900,119) 37.950%                 9,284,419                51,580      4,384,300     19,575      19,575     (1,859,595)    1,859,595
      Oct-01                        86          51,580        4,435,880     (4,848,539) 37.950%                 9,284,419                51,580      4,435,880     19,575      19,575     (1,840,021)    1,840,021
      Nov-01                        87          51,580        4,487,460     (4,796,959) 37.950%                 9,284,419                51,580      4,487,460     19,575      19,575     (1,820,446)    1,820,446
      Dec-01                        88          51,580        4,539,040     (4,745,379) 37.950%                 9,284,419                51,580      4,539,040     19,575      19,575     (1,800,871)    1,800,871
      Jan-02                        89          51,580        4,590,620     (4,693,799) 37.950%                 9,284,419                51,580      4,590,620     19,575      19,575     (1,781,297)    1,781,297
      Feb-02                        90          51,580        4,642,200     (4,642,219) 37.950%                 9,284,419                51,580      4,642,200     19,575      19,575     (1,761,722)    1,761,722
      Mar-02                        91          51,580        4,693,780     (4,590,639) 37.950%                 9,284,419                51,580      4,693,780     19,575      19,575     (1,742,148)    1,742,148
      Apr-02                        92          51,580        4,745,360     (4,539,059) 37.950%                 9,284,419                51,580      4,745,360     19,575      19,575     (1,722,573)    1,722,573
     May-02                         93          51,580        4,796,940     (4,487,479) 37.950%                 9,284,419                51,580      4,796,940     19,575      19,575     (1,702,998)    1,702,998
      Jun-02                        94          51,580        4,848,520     (4,435,899) 37.950%                 9,284,419                51,580      4,848,520     19,575      19,575     (1,683,424)    1,683,424
       Jul-02                       95          51,580        4,900,100     (4,384,319) 37.950%                 9,284,419                51,580      4,900,100     19,575      19,575     (1,663,849)    1,663,849
      Aug-02                        96          51,580        4,951,680     (4,332,739) 37.950%                 9,284,419                51,580      4,951,680     19,575      19,575     (1,644,274)    1,644,274
      Sep-02                        97          51,580        5,003,260     (4,281,159) 37.950%                 9,284,419                51,580      5,003,260     19,575      19,575     (1,624,700)    1,624,700
      Oct-02                        98          51,580        5,054,840     (4,229,579) 37.950%                 9,284,419                51,580      5,054,840     19,575      19,575     (1,605,125)    1,605,125
      Nov-02                        99          51,580        5,106,420     (4,177,999) 37.950%                 9,284,419                51,580      5,106,420     19,575      19,575     (1,585,551)    1,585,551
      Dec-02                       100          51,580        5,158,000     (4,126,419) 37.950%                 9,284,419                51,580      5,158,000     19,575      19,575     (1,565,976)    1,565,976
      Jan-03                       101          51,580        5,209,580     (4,074,839) 37.950%                 9,284,419                51,580      5,209,580     19,575      19,575     (1,546,401)    1,546,401
      Feb-03                       102          51,580        5,261,160     (4,023,259) 37.950%                 9,284,419                51,580      5,261,160     19,575      19,575     (1,526,827)    1,526,827
      Mar-03                       103          51,580        5,312,740     (3,971,679) 37.950%                 9,284,419                51,580      5,312,740     19,575      19,575     (1,507,252)    1,507,252
      Apr-03                       104          51,580        5,364,320     (3,920,099) 37.950%                 9,284,419                51,580      5,364,320     19,575      19,575     (1,487,678)    1,487,678
     May-03                        105          51,580        5,415,900     (3,868,519) 37.951%                 9,284,419                51,580      5,415,900     19,575      19,575     (1,468,102)    1,468,102
      Jun-03                       106          51,580        5,467,480     (3,816,939) 37.951%                 9,284,419                51,580      5,467,480     19,575      19,575     (1,448,527)    1,448,527
       Jul-03                      107          51,580        5,519,060     (3,765,359) 37.951%                 9,284,419                51,580      5,519,060     19,575      19,575     (1,428,952)    1,428,952
      Aug-03                       108          51,580        5,570,640     (3,713,779) 37.951%                 9,284,419                51,580      5,570,640     19,575      19,575     (1,409,377)    1,409,377
      Sep-03                       109          51,580        5,622,220     (3,662,199) 37.951%                 9,284,419                51,580      5,622,220     19,575      19,575     (1,389,802)    1,389,802
      Oct-03                       110          51,580        5,673,800     (3,610,619) 37.951%                 9,284,419                51,580      5,673,800     19,575      19,575     (1,370,227)    1,370,227
      Nov-03                       111          51,580        5,725,380     (3,559,039) 37.951%                 9,284,419                51,580      5,725,380     19,575      19,575     (1,350,652)    1,350,652
      Dec-03                       112          51,580        5,776,960     (3,507,459) 37.951%                 9,284,419                51,580      5,776,960     19,575      19,575     (1,331,077)    1,331,077
      Jan-04                       113          51,580        5,828,540     (3,455,879) 37.951%                 9,284,419                51,580      5,828,540     19,575      19,575     (1,311,501)    1,311,501
      Feb-04                       114          51,580        5,880,120     (3,404,299) 37.951%                 9,284,419                51,580      5,880,120     19,575      19,575     (1,291,926)    1,291,926
      Mar-04                       115          51,580        5,931,700     (3,352,719) 37.951%                 9,284,419                51,580      5,931,700     19,575      19,575     (1,272,351)    1,272,351
      Apr-04                       116          51,580        5,983,280     (3,301,139) 37.951%                 9,284,419                51,580      5,983,280     19,575      19,575     (1,252,776)    1,252,776
     May-04                        117          51,580        6,034,860     (3,249,559) 37.951%                 9,284,419                51,580      6,034,860     19,575      19,575     (1,233,201)    1,233,201
      Jun-04                       118          51,580        6,086,440     (3,197,979) 37.951%                 9,284,419                51,580      6,086,440     19,575      19,575     (1,213,626)    1,213,626
       Jul-04                      119          51,580        6,138,020     (3,146,399) 37.951%                 9,284,419                51,580      6,138,020     19,575      19,575     (1,194,051)    1,194,051
      Aug-04                       120          51,580        6,189,600     (3,094,819) 37.951%                 9,284,419                51,580      6,189,600     19,575      19,575     (1,174,476)    1,174,476
      Sep-04                       121          51,580        6,241,180     (3,043,239) 37.951%                 9,284,419                51,580      6,241,180     19,575      19,575     (1,154,900)    1,154,900
      Oct-04                       122          51,580        6,292,760     (2,991,659) 37.951%                 9,284,419                51,580      6,292,760     19,575      19,575     (1,135,325)    1,135,325
      Nov-04                       123          51,580        6,344,340     (2,940,079) 37.951%                 9,284,419                51,580      6,344,340     19,575      19,575     (1,115,750)    1,115,750
      Dec-04                       124          51,580        6,395,920     (2,888,499) 37.951%                 9,284,419                51,580      6,395,920     19,575      19,575     (1,096,175)    1,096,175
      Jan-05                       125          51,580        6,447,500     (2,836,919) 37.951%                 9,284,419                51,580      6,447,500     19,575      19,575     (1,076,600)    1,076,600
      Feb-05                       126          51,580        6,499,080     (2,785,339) 37.951%                 9,284,419                51,580      6,499,080     19,575      19,575     (1,057,025)    1,057,025
      Mar-05                       127          51,580        6,550,660     (2,733,759) 37.951%                 9,284,419                51,580      6,550,660     19,575      19,575     (1,037,450)    1,037,450
      Apr-05                       128          51,580        6,602,240     (2,682,179) 37.951%                 9,284,419                51,580      6,602,240     19,575      19,575     (1,017,875)    1,017,875
     May-05                        129          51,580        6,653,820     (2,630,599) 37.951%                 9,284,419                51,580      6,653,820     19,575      19,575       (998,299)      998,299
      Jun-05                       130          51,580        6,705,400     (2,579,019) 37.951%                 9,284,419                51,580      6,705,400     19,575      19,575       (978,724)      978,724
       Jul-05                      131          51,580        6,756,980     (2,527,439) 37.951%                 9,284,419                51,580      6,756,980     19,575      19,575       (959,149)      959,149
      Aug-05                       132          51,580        6,808,560     (2,475,859) 37.951%                 9,284,419                51,580      6,808,560     19,575      19,575       (939,574)      939,574
      Sep-05                       133          51,580        6,860,140     (2,424,279) 37.951%                 9,284,419                51,580      6,860,140     19,575      19,575       (919,999)      919,999
      Oct-05                       134          51,580        6,911,720     (2,372,699) 37.951%                 9,284,419                51,580      6,911,720     19,575      19,575       (900,424)      900,424
      Nov-05                       135          51,580        6,963,300     (2,321,119) 37.951%                 9,284,419                51,580      6,963,300     19,575      19,575       (880,849)      880,849
      Dec-05                       136          51,580        7,014,880     (2,269,539) 37.951%                 9,284,419                51,580      7,014,880     19,575      19,575       (861,274)      861,274
      Jan-06                       137          51,580        7,066,460     (2,217,959) 37.951%                 9,284,419                51,580      7,066,460     19,575      19,575       (841,698)      841,698
      Feb-06                       138          51,580        7,118,040     (2,166,379) 37.951%                 9,284,419                51,580      7,118,040     19,575      19,575       (822,123)      822,123
      Mar-06                       139          51,580        7,169,620     (2,114,799) 37.951%                 9,284,419                51,580      7,169,620     19,575      19,575       (802,548)      802,548
      Apr-06                       140          51,580        7,221,200     (2,063,219) 37.951%                 9,284,419                51,580      7,221,200     19,575      19,575       (782,973)      782,973
     May-06                        141          51,580        7,272,780     (2,011,639) 37.951%                 9,284,419                51,580      7,272,780     19,575      19,575       (763,398)      763,398
      Jun-06                       142          51,580        7,324,360     (1,960,059) 37.951%                 9,284,419                51,580      7,324,360     19,575      19,575       (743,823)      743,823
       Jul-06                      143          51,580        7,375,940     (1,908,479) 37.951%                 9,284,419                51,580      7,375,940     19,575      19,575       (724,248)      724,248
      Aug-06                       144          51,580        7,427,520     (1,856,899) 37.951%                 9,284,419                51,580      7,427,520     19,575      19,575       (704,673)      704,673
      Sep-06                       145          51,580        7,479,100     (1,805,319) 37.951%                 9,284,419                51,580      7,479,100     19,575      19,575       (685,097)      685,097
      Oct-06                       146          51,580        7,530,680     (1,753,739) 37.951%                 9,284,419                51,580      7,530,680     19,575      19,575       (665,522)      665,522
      Nov-06                       147          51,580        7,582,260     (1,702,159) 37.951%                 9,284,419                51,580      7,582,260     19,575      19,575       (645,947)      645,947
      Dec-06                       148          51,580        7,633,840     (1,650,579) 37.951%                 9,284,419                51,580      7,633,840     19,575      19,575       (626,372)      626,372
      Jan-07                       149          51,580        7,685,420     (1,598,999) 37.951%                 9,284,419                51,580      7,685,420     19,575      19,575       (606,797)      606,797
      Feb-07                       150          51,580        7,737,000     (1,547,419) 37.951%                 9,284,419                51,580      7,737,000     19,575      19,575       (587,222)      587,222
      Mar-07                       151          51,580        7,788,580     (1,495,839) 37.951%                 9,284,419                51,580      7,788,580     19,575      19,575       (567,647)      567,647
      Apr-07                       152          51,580        7,840,160     (1,444,259) 37.951%                 9,284,419                51,580      7,840,160     19,575      19,575       (548,072)      548,072
     May-07                        153          51,580        7,891,740     (1,392,679) 37.951%                 9,284,419                51,580      7,891,740     19,575      19,575       (528,496)      528,496
      Jun-07                       154          51,580        7,943,320     (1,341,099) 37.951%                 9,284,419                51,580      7,943,320     19,575      19,575       (508,921)      508,921
       Jul-07                      155          51,580        7,994,900     (1,289,519) 37.951%                 9,284,419                51,580      7,994,900     19,575      19,575       (489,346)      489,346
      Aug-07                       156          51,580        8,046,480     (1,237,939) 37.951%                 9,284,419                51,580      8,046,480     19,575      19,575       (469,771)      469,771
      Sep-07                       157          51,580        8,098,060     (1,186,359) 37.951%                 9,284,419                51,580      8,098,060     19,575      19,575       (450,196)      450,196
      Oct-07                       158          51,580        8,149,640     (1,134,779) 37.951%                 9,284,419                51,580      8,149,640     19,575      19,575       (430,621)      430,621


                                                                                                                                                  Sep 1994
SO2 Allowance Sales Gain - Amortization Schedule
Illinois Power, Centre Financial & Auction
        (A)              (B)            (C)     (D)              (E)                 (F)       (G)          (H)        (I)          (J)             (K)        (L)           (M)           (N)          (O)               (P)
                                            [(B)/48]*1]        (D)*(C)             (B)+(E)                                        (H)*(G)           (D)                    (K)*(G)       (M)-(J)
                                                                                                                                                                                          D.I.T.       D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                  Monthly     Accumulated                  Monthly     Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax    Book Gain     Book Gain      Book Tax     Expense       Expense       Reserve        Dec-09   Dec-10   Total
      Nov-07                          159          51,580        8,201,220       (1,083,199) 37.951%                 9,284,419                   51,580       8,201,220      19,575        19,575       (411,046)      411,046
      Dec-07                          160          51,580        8,252,800       (1,031,619) 37.951%                 9,284,419                   51,580       8,252,800      19,575        19,575       (391,471)      391,471
      Jan-08                          161          51,580        8,304,380         (980,039) 37.951%                 9,284,419                   51,580       8,304,380      19,575        19,575       (371,895)      371,895
      Feb-08                          162          51,580        8,355,960         (928,459) 37.951%                 9,284,419                   51,580       8,355,960      19,575        19,575       (352,320)      352,320
      Mar-08                          163          51,580        8,407,540         (876,879) 37.951%                 9,284,419                   51,580       8,407,540      19,575        19,575       (332,745)      332,745
      Apr-08                          164          51,580        8,459,120         (825,299) 37.951%                 9,284,419                   51,580       8,459,120      19,575        19,575       (313,170)      313,170
     May-08                           165          51,580        8,510,700         (773,719) 37.951%                 9,284,419                   51,580       8,510,700      19,575        19,575       (293,595)      293,595
      Jun-08                          166          51,580        8,562,280         (722,139) 37.951%                 9,284,419                   51,580       8,562,280      19,575        19,575       (274,020)      274,020
       Jul-08                         167          51,580        8,613,860         (670,559) 37.951%                 9,284,419                   51,580       8,613,860      19,575        19,575       (254,445)      254,445
      Aug-08                          168          51,580        8,665,440         (618,979) 37.951%                 9,284,419                   51,580       8,665,440      19,575        19,575       (234,870)      234,870
      Sep-08                          169          51,580        8,717,020         (567,399) 37.951%                 9,284,419                   51,580       8,717,020      19,575        19,575       (215,294)      215,294
      Oct-08                          170          51,580        8,768,600         (515,819) 37.951%                 9,284,419                   51,580       8,768,600      19,575        19,575       (195,719)      195,719
      Nov-08                          171          51,580        8,820,180         (464,239) 37.951%                 9,284,419                   51,580       8,820,180      19,575        19,575       (176,144)      176,144
      Dec-08                          172          51,580        8,871,760         (412,659) 37.951%                 9,284,419                   51,580       8,871,760      19,575        19,575       (156,569)      156,569
      Jan-09                          173          51,580        8,923,340         (361,079) 37.951%                 9,284,419                   51,580       8,923,340      19,575        19,575       (136,994)      136,994
      Feb-09                          174          51,580        8,974,920         (309,499) 37.951%                 9,284,419                   51,580       8,974,920      19,575        19,575       (117,419)      117,419
      Mar-09                          175          51,580        9,026,500         (257,919) 37.951%                 9,284,419                   51,580       9,026,500      19,575        19,575        (97,844)       97,844
      Apr-09                          176          51,580        9,078,080         (206,339) 37.951%                 9,284,419                   51,580       9,078,080      19,575        19,575        (78,269)       78,269
     May-09                           177          51,580        9,129,660         (154,759) 37.951%                 9,284,419                   51,580       9,129,660      19,575        19,575        (58,693)       58,693
      Jun-09                          178          51,580        9,181,240         (103,179) 37.951%                 9,284,419                   51,580       9,181,240      19,575        19,575        (39,118)       39,118
       Jul-09                         179          51,580        9,232,820          (51,599) 37.951%                 9,284,419                   51,580       9,232,820      19,575        19,575        (19,543)       19,543
      Aug-09                          180          51,599        9,284,419                0 37.951%                  9,284,419                   51,599       9,284,419      19,582        19,582             39           (39)

        Totals         (9,284,419)              9,284,419                                              9,284,419                  3,523,437    9,284,419                   3,523,476          39    (315,346,749)    315,346,749

END              END                 END      END                            END             END      END                        END          END                         END          END                          END              END      END    END END




                                                                                                                                                           Sep 1994
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve       Dec-09    Dec-10   Total
      Dec-94           (29,041)   1              161              161        (28,880)   37.950%       29,041        29,041    11,021         161            161         61     (10,960)         (10,960)       10,960   29,041    29,041       0    Amortization For The Test Period
      Jan-95                      2              161              322        (28,719)   37.950%                     29,041                   161            322         61            61        (10,899)       10,899        0         0       0    D.I.T. Expense For the Test Period
      Feb-95                      3              161              483        (28,558)   37.950%                     29,041                   161            483         61            61        (10,838)       10,838       (0)       (0)     (0)   Average Deferred Tax Reserve Balance
      Mar-95                      4              161              644        (28,397)   37.950%                     29,041                   161            644         61            61        (10,777)       10,777
      Apr-95                      5              161              805        (28,236)   37.950%                     29,041                   161            805         61            61        (10,716)       10,716   29,041    29,041      0     Tax Gain (SCHMAT) For The Test Period
      May-95                      6              161              966        (28,075)   37.950%                     29,041                   161            966         61            61        (10,654)       10,654   29,041    29,041      0     Realized Book Gain (SCHMDT) For The Test Period
      Jun-95                      7              161            1,127        (27,914)   37.950%                     29,041                   161          1,127         61            61        (10,593)       10,593
       Jul-95                     8              161            1,288        (27,753)   37.950%                     29,041                   161          1,288         61            61        (10,532)       10,532
      Aug-95                      9              161            1,449        (27,592)   37.950%                     29,041                   161          1,449         61            61        (10,471)       10,471
      Sep-95                      10             161            1,610        (27,431)   37.950%                     29,041                   161          1,610         61            61        (10,410)       10,410
      Oct-95                      11             161            1,771        (27,270)   37.950%                     29,041                   161          1,771         61            61        (10,349)       10,349
      Nov-95                      12             161            1,932        (27,109)   37.950%                     29,041                   161          1,932         61            61        (10,288)       10,288
      Dec-95                      13             161            2,093        (26,948)   37.950%                     29,041                   161          2,093         61            61        (10,227)       10,227
      Jan-96                      14             161            2,254        (26,787)   37.950%                     29,041                   161          2,254         61            61        (10,166)       10,166
      Feb-96                      15             161            2,415        (26,626)   37.950%                     29,041                   161          2,415         61            61        (10,105)       10,105
      Mar-96                      16             161            2,576        (26,465)   37.950%                     29,041                   161          2,576         61            61        (10,043)       10,043
      Apr-96                      17             161            2,737        (26,304)   37.950%                     29,041                   161          2,737         61            61         (9,982)        9,982
      May-96                      18             161            2,898        (26,143)   37.950%                     29,041                   161          2,898         61            61         (9,921)        9,921
      Jun-96                      19             161            3,059        (25,982)   37.950%                     29,041                   161          3,059         61            61         (9,860)        9,860
       Jul-96                     20             161            3,220        (25,821)   37.950%                     29,041                   161          3,220         61            61         (9,799)        9,799
      Aug-96                      21             161            3,381        (25,660)   37.950%                     29,041                   161          3,381         61            61         (9,738)        9,738
      Sep-96                      22             161            3,542        (25,499)   37.950%                     29,041                   161          3,542         61            61         (9,677)        9,677
      Oct-96                      23             161            3,703        (25,338)   37.950%                     29,041                   161          3,703         61            61         (9,616)        9,616
      Nov-96                      24             161            3,864        (25,177)   37.950%                     29,041                   161          3,864         61            61         (9,555)        9,555
      Dec-96                      25             161            4,025        (25,016)   37.950%                     29,041                   161          4,025         61            61         (9,494)        9,494
      Jan-97                      26             161            4,186        (24,855)   37.950%                     29,041                   161          4,186         61            61         (9,432)        9,432
      Feb-97                      27             161            4,347        (24,694)   37.950%                     29,041                   161          4,347         61            61         (9,371)        9,371
      Mar-97                      28             161            4,508        (24,533)   37.950%                     29,041                   161          4,508         61            61         (9,310)        9,310
      Apr-97                      29             161            4,669        (24,372)   37.950%                     29,041                   161          4,669         61            61         (9,249)        9,249
      May-97                      30             161            4,830        (24,211)   37.950%                     29,041                   161          4,830         61            61         (9,188)        9,188
      Jun-97                      31             161            4,991        (24,050)   37.950%                     29,041                   161          4,991         61            61         (9,127)        9,127
       Jul-97                     32             161            5,152        (23,889)   37.950%                     29,041                   161          5,152         61            61         (9,066)        9,066
      Aug-97                      33             161            5,313        (23,728)   37.950%                     29,041                   161          5,313         61            61         (9,005)        9,005
      Sep-97                      34             161            5,474        (23,567)   37.950%                     29,041                   161          5,474         61            61         (8,944)        8,944
      Oct-97                      35             161            5,635        (23,406)   37.950%                     29,041                   161          5,635         61            61         (8,883)        8,883
      Nov-97                      36             161            5,796        (23,245)   37.950%                     29,041                   161          5,796         61            61         (8,821)        8,821
      Dec-97                      37             161            5,957        (23,084)   37.950%                     29,041                   161          5,957         61            61         (8,760)        8,760
      Jan-98                      38             161            6,118        (22,923)   37.950%                     29,041                   161          6,118         61            61         (8,699)        8,699
      Feb-98                      39             161            6,279        (22,762)   37.950%                     29,041                   161          6,279         61            61         (8,638)        8,638
      Mar-98                      40             161            6,440        (22,601)   37.950%                     29,041                   161          6,440         61            61         (8,577)        8,577
      Apr-98                      41             161            6,601        (22,440)   37.950%                     29,041                   161          6,601         61            61         (8,516)        8,516
      May-98                      42             161            6,762        (22,279)   37.950%                     29,041                   161          6,762         61            61         (8,455)        8,455
      Jun-98                      43             161            6,923        (22,118)   37.950%                     29,041                   161          6,923         61            61         (8,394)        8,394
       Jul-98                     44             161            7,084        (21,957)   37.950%                     29,041                   161          7,084         61            61         (8,333)        8,333
      Aug-98                      45             161            7,245        (21,796)   37.950%                     29,041                   161          7,245         61            61         (8,272)        8,272
      Sep-98                      46             161            7,406        (21,635)   37.950%                     29,041                   161          7,406         61            61         (8,210)        8,210
      Oct-98                      47             161            7,567        (21,474)   37.950%                     29,041                   161          7,567         61            61         (8,149)        8,149
      Nov-98                      48             161            7,728        (21,313)   37.950%                     29,041                   161          7,728         61            61         (8,088)        8,088
      Dec-98                      49             161            7,889        (21,152)   37.950%                     29,041                   161          7,889         61            61         (8,027)        8,027
      Jan-99                      50             161            8,050        (20,991)   37.950%                     29,041                   161          8,050         61            61         (7,966)        7,966
      Feb-99                      51             161            8,211        (20,830)   37.950%                     29,041                   161          8,211         61            61         (7,905)        7,905
      Mar-99                      52             161            8,372        (20,669)   37.950%                     29,041                   161          8,372         61            61         (7,844)        7,844
      Apr-99                      53             161            8,533        (20,508)   37.950%                     29,041                   161          8,533         61            61         (7,783)        7,783
      May-99                      54             161            8,694        (20,347)   37.950%                     29,041                   161          8,694         61            61         (7,722)        7,722
      Jun-99                      55             161            8,855        (20,186)   37.950%                     29,041                   161          8,855         61            61         (7,661)        7,661
       Jul-99                     56             161            9,016        (20,025)   37.950%                     29,041                   161          9,016         61            61         (7,599)        7,599
      Aug-99                      57             161            9,177        (19,864)   37.950%                     29,041                   161          9,177         61            61         (7,538)        7,538
      Sep-99                      58             161            9,338        (19,703)   37.950%                     29,041                   161          9,338         61            61         (7,477)        7,477
      Oct-99                      59             161            9,499        (19,542)   37.950%                     29,041                   161          9,499         61            61         (7,416)        7,416
      Nov-99                      60             161            9,660        (19,381)   37.950%                     29,041                   161          9,660         61            61         (7,355)        7,355
      Dec-99                      61             161            9,821        (19,220)   37.950%                     29,041                   161          9,821         61            61         (7,294)        7,294
      Jan-00                      62             161            9,982        (19,059)   37.950%                     29,041                   161          9,982         61            61         (7,233)        7,233
      Feb-00                      63             161          10,143         (18,898)   37.950%                     29,041                   161         10,143         61            61         (7,172)        7,172
      Mar-00                      64             161          10,304         (18,737)   37.950%                     29,041                   161         10,304         61            61         (7,111)        7,111
      Apr-00                      65             161          10,465         (18,576)   37.950%                     29,041                   161         10,465         61            61         (7,050)        7,050
      May-00                      66             161          10,626         (18,415)   37.950%                     29,041                   161         10,626         61            61         (6,988)        6,988
      Jun-00                      67             161          10,787         (18,254)   37.950%                     29,041                   161         10,787         61            61         (6,927)        6,927
       Jul-00                     68             161          10,948         (18,093)   37.950%                     29,041                   161         10,948         61            61         (6,866)        6,866
      Aug-00                      69             161          11,109         (17,932)   37.950%                     29,041                   161         11,109         61            61         (6,805)        6,805
      Sep-00                      70             161          11,270         (17,771)   37.950%                     29,041                   161         11,270         61            61         (6,744)        6,744
      Oct-00                      71             161          11,431         (17,610)   37.950%                     29,041                   161         11,431         61            61         (6,683)        6,683
      Nov-00                      72             161          11,592         (17,449)   37.950%                     29,041                   161         11,592         61            61         (6,622)        6,622
      Dec-00                      73             161          11,753         (17,288)   37.950%                     29,041                   161         11,753         61            61         (6,561)        6,561
      Jan-01                      74             161          11,914         (17,127)   37.950%                     29,041                   161         11,914         61            61         (6,500)        6,500
      Feb-01                      75             161          12,075         (16,966)   37.950%                     29,041                   161         12,075         61            61         (6,439)        6,439
      Mar-01                      76             161          12,236         (16,805)   37.950%                     29,041                   161         12,236         61            61         (6,377)        6,377
      Apr-01                      77             161          12,397         (16,644)   37.950%                     29,041                   161         12,397         61            61         (6,316)        6,316


                                                                                                                                                   Dec 1994
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)           (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                            Monthly      Accumulated    Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      May-01                       78             161          12,558        (16,483)   37.950%                     29,041                   161         12,558         61            61         (6,255)        6,255
      Jun-01                       79             161          12,719        (16,322)   37.950%                     29,041                   161         12,719         61            61         (6,194)        6,194
       Jul-01                      80             161          12,880        (16,161)   37.950%                     29,041                   161         12,880         61            61         (6,133)        6,133
      Aug-01                       81             161          13,041        (16,000)   37.950%                     29,041                   161         13,041         61            61         (6,072)        6,072
      Sep-01                       82             161          13,202        (15,839)   37.950%                     29,041                   161         13,202         61            61         (6,011)        6,011
      Oct-01                       83             161          13,363        (15,678)   37.950%                     29,041                   161         13,363         61            61         (5,950)        5,950
      Nov-01                       84             161          13,524        (15,517)   37.950%                     29,041                   161         13,524         61            61         (5,889)        5,889
      Dec-01                       85             161          13,685        (15,356)   37.950%                     29,041                   161         13,685         61            61         (5,828)        5,828
      Jan-02                       86             161          13,846        (15,195)   37.950%                     29,041                   161         13,846         61            61         (5,767)        5,767
      Feb-02                       87             161          14,007        (15,034)   37.950%                     29,041                   161         14,007         61            61         (5,705)        5,705
      Mar-02                       88             161          14,168        (14,873)   37.950%                     29,041                   161         14,168         61            61         (5,644)        5,644
      Apr-02                       89             161          14,329        (14,712)   37.950%                     29,041                   161         14,329         61            61         (5,583)        5,583
      May-02                       90             161          14,490        (14,551)   37.950%                     29,041                   161         14,490         61            61         (5,522)        5,522
      Jun-02                       91             161          14,651        (14,390)   37.950%                     29,041                   161         14,651         61            61         (5,461)        5,461
       Jul-02                      92             161          14,812        (14,229)   37.950%                     29,041                   161         14,812         61            61         (5,400)        5,400
      Aug-02                       93             161          14,973        (14,068)   37.950%                     29,041                   161         14,973         61            61         (5,339)        5,339
      Sep-02                       94             161          15,134        (13,907)   37.950%                     29,041                   161         15,134         61            61         (5,278)        5,278
      Oct-02                       95             161          15,295        (13,746)   37.950%                     29,041                   161         15,295         61            61         (5,217)        5,217
      Nov-02                       96             161          15,456        (13,585)   37.950%                     29,041                   161         15,456         61            61         (5,156)        5,156
      Dec-02                       97             161          15,617        (13,424)   37.950%                     29,041                   161         15,617         61            61         (5,094)        5,094
      Jan-03                       98             161          15,778        (13,263)   37.950%                     29,041                   161         15,778         61            61         (5,033)        5,033
      Feb-03                       99             161          15,939        (13,102)   37.950%                     29,041                   161         15,939         61            61         (4,972)        4,972
      Mar-03                      100             161          16,100        (12,941)   37.950%                     29,041                   161         16,100         61            61         (4,911)        4,911
      Apr-03                      101             161          16,261        (12,780)   37.950%                     29,041                   161         16,261         61            61         (4,850)        4,850
      May-03                      102             161          16,422        (12,619)   37.951%                     29,041                   161         16,422         61            61         (4,789)        4,789
      Jun-03                      103             161          16,583        (12,458)   37.951%                     29,041                   161         16,583         61            61         (4,728)        4,728
       Jul-03                     104             161          16,744        (12,297)   37.951%                     29,041                   161         16,744         61            61         (4,667)        4,667
      Aug-03                      105             161          16,905        (12,136)   37.951%                     29,041                   161         16,905         61            61         (4,606)        4,606
      Sep-03                      106             161          17,066        (11,975)   37.951%                     29,041                   161         17,066         61            61         (4,545)        4,545
      Oct-03                      107             161          17,227        (11,814)   37.951%                     29,041                   161         17,227         61            61         (4,483)        4,483
      Nov-03                      108             161          17,388        (11,653)   37.951%                     29,041                   161         17,388         61            61         (4,422)        4,422
      Dec-03                      109             161          17,549        (11,492)   37.951%                     29,041                   161         17,549         61            61         (4,361)        4,361
      Jan-04                      110             161          17,710        (11,331)   37.951%                     29,041                   161         17,710         61            61         (4,300)        4,300
      Feb-04                      111             161          17,871        (11,170)   37.951%                     29,041                   161         17,871         61            61         (4,239)        4,239
      Mar-04                      112             161          18,032        (11,009)   37.951%                     29,041                   161         18,032         61            61         (4,178)        4,178
      Apr-04                      113             161          18,193        (10,848)   37.951%                     29,041                   161         18,193         61            61         (4,117)        4,117
      May-04                      114             161          18,354        (10,687)   37.951%                     29,041                   161         18,354         61            61         (4,056)        4,056
      Jun-04                      115             161          18,515        (10,526)   37.951%                     29,041                   161         18,515         61            61         (3,995)        3,995
       Jul-04                     116             161          18,676        (10,365)   37.951%                     29,041                   161         18,676         61            61         (3,933)        3,933
      Aug-04                      117             161          18,837        (10,204)   37.951%                     29,041                   161         18,837         61            61         (3,872)        3,872
      Sep-04                      118             161          18,998        (10,043)   37.951%                     29,041                   161         18,998         61            61         (3,811)        3,811
      Oct-04                      119             161          19,159         (9,882)   37.951%                     29,041                   161         19,159         61            61         (3,750)        3,750
      Nov-04                      120             161          19,320         (9,721)   37.951%                     29,041                   161         19,320         61            61         (3,689)        3,689
      Dec-04                      121             161          19,481         (9,560)   37.951%                     29,041                   161         19,481         61            61         (3,628)        3,628
      Jan-05                      122             161          19,642         (9,399)   37.951%                     29,041                   161         19,642         61            61         (3,567)        3,567
      Feb-05                      123             161          19,803         (9,238)   37.951%                     29,041                   161         19,803         61            61         (3,506)        3,506
      Mar-05                      124             161          19,964         (9,077)   37.951%                     29,041                   161         19,964         61            61         (3,445)        3,445
      Apr-05                      125             161          20,125         (8,916)   37.951%                     29,041                   161         20,125         61            61         (3,384)        3,384
      May-05                      126             161          20,286         (8,755)   37.951%                     29,041                   161         20,286         61            61         (3,322)        3,322
      Jun-05                      127             161          20,447         (8,594)   37.951%                     29,041                   161         20,447         61            61         (3,261)        3,261
       Jul-05                     128             161          20,608         (8,433)   37.951%                     29,041                   161         20,608         61            61         (3,200)        3,200
      Aug-05                      129             161          20,769         (8,272)   37.951%                     29,041                   161         20,769         61            61         (3,139)        3,139
      Sep-05                      130             161          20,930         (8,111)   37.951%                     29,041                   161         20,930         61            61         (3,078)        3,078
      Oct-05                      131             161          21,091         (7,950)   37.951%                     29,041                   161         21,091         61            61         (3,017)        3,017
      Nov-05                      132             161          21,252         (7,789)   37.951%                     29,041                   161         21,252         61            61         (2,956)        2,956
      Dec-05                      133             161          21,413         (7,628)   37.951%                     29,041                   161         21,413         61            61         (2,895)        2,895
      Jan-06                      134             161          21,574         (7,467)   37.951%                     29,041                   161         21,574         61            61         (2,834)        2,834
      Feb-06                      135             161          21,735         (7,306)   37.951%                     29,041                   161         21,735         61            61         (2,773)        2,773
      Mar-06                      136             161          21,896         (7,145)   37.951%                     29,041                   161         21,896         61            61         (2,711)        2,711
      Apr-06                      137             161          22,057         (6,984)   37.951%                     29,041                   161         22,057         61            61         (2,650)        2,650
      May-06                      138             161          22,218         (6,823)   37.951%                     29,041                   161         22,218         61            61         (2,589)        2,589
      Jun-06                      139             161          22,379         (6,662)   37.951%                     29,041                   161         22,379         61            61         (2,528)        2,528
       Jul-06                     140             161          22,540         (6,501)   37.951%                     29,041                   161         22,540         61            61         (2,467)        2,467
      Aug-06                      141             161          22,701         (6,340)   37.951%                     29,041                   161         22,701         61            61         (2,406)        2,406
      Sep-06                      142             161          22,862         (6,179)   37.951%                     29,041                   161         22,862         61            61         (2,345)        2,345
      Oct-06                      143             161          23,023         (6,018)   37.951%                     29,041                   161         23,023         61            61         (2,284)        2,284
      Nov-06                      144             161          23,184         (5,857)   37.951%                     29,041                   161         23,184         61            61         (2,223)        2,223
      Dec-06                      145             161          23,345         (5,696)   37.951%                     29,041                   161         23,345         61            61         (2,162)        2,162
      Jan-07                      146             161          23,506         (5,535)   37.951%                     29,041                   161         23,506         61            61         (2,100)        2,100
      Feb-07                      147             161          23,667         (5,374)   37.951%                     29,041                   161         23,667         61            61         (2,039)        2,039
      Mar-07                      148             161          23,828         (5,213)   37.951%                     29,041                   161         23,828         61            61         (1,978)        1,978
      Apr-07                      149             161          23,989         (5,052)   37.951%                     29,041                   161         23,989         61            61         (1,917)        1,917
      May-07                      150             161          24,150         (4,891)   37.951%                     29,041                   161         24,150         61            61         (1,856)        1,856
      Jun-07                      151             161          24,311         (4,730)   37.951%                     29,041                   161         24,311         61            61         (1,795)        1,795
       Jul-07                     152             161          24,472         (4,569)   37.951%                     29,041                   161         24,472         61            61         (1,734)        1,734
      Aug-07                      153             161          24,633         (4,408)   37.951%                     29,041                   161         24,633         61            61         (1,673)        1,673
      Sep-07                      154             161          24,794         (4,247)   37.951%                     29,041                   161         24,794         61            61         (1,612)        1,612


                                                                                                                                                   Dec 1994
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                (E)                (F)         (G)            (H)       (I)          (J)               (K)           (L)          (M)             (N)            (O)               (P)
                                        [(B)/48]*1]          (D)*(C)            (B)+(E)                                           (H)*(G)             (D)                      (K)*(G)         (M)-(J)
                                                                                                                                                                                                D.I.T.         D.I.T.
                                              Monthly      Accumulated      Balance to                 Monthly Tax Accumulated                   Monthly        Accumulated                   Monthly       Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization      Amortize       Tax Rate      Gain       Tax Gain          Tax      Book Gain        Book Gain     Book Tax       Expense         Expense        Reserve        Dec-09   Dec-10   Total
      Oct-07                        155             161          24,955           (4,086)   37.951%                     29,041                        161            24,955          61                61         (1,551)         1,551
      Nov-07                        156             161          25,116           (3,925)   37.951%                     29,041                        161            25,116          61                61         (1,489)         1,489
      Dec-07                        157             161          25,277           (3,764)   37.951%                     29,041                        161            25,277          61                61         (1,428)         1,428
      Jan-08                        158             161          25,438           (3,603)   37.951%                     29,041                        161            25,438          61                61         (1,367)         1,367
      Feb-08                        159             161          25,599           (3,442)   37.951%                     29,041                        161            25,599          61                61         (1,306)         1,306
      Mar-08                        160             161          25,760           (3,281)   37.951%                     29,041                        161            25,760          61                61         (1,245)         1,245
      Apr-08                        161             161          25,921           (3,120)   37.951%                     29,041                        161            25,921          61                61         (1,184)         1,184
      May-08                        162             161          26,082           (2,959)   37.951%                     29,041                        161            26,082          61                61         (1,123)         1,123
      Jun-08                        163             161          26,243           (2,798)   37.951%                     29,041                        161            26,243          61                61         (1,062)         1,062
       Jul-08                       164             161          26,404           (2,637)   37.951%                     29,041                        161            26,404          61                61         (1,001)         1,001
      Aug-08                        165             161          26,565           (2,476)   37.951%                     29,041                        161            26,565          61                61           (940)           940
      Sep-08                        166             161          26,726           (2,315)   37.951%                     29,041                        161            26,726          61                61           (878)           878
      Oct-08                        167             161          26,887           (2,154)   37.951%                     29,041                        161            26,887          61                61           (817)           817
      Nov-08                        168             161          27,048           (1,993)   37.951%                     29,041                        161            27,048          61                61           (756)           756
      Dec-08                        169             161          27,209           (1,832)   37.951%                     29,041                        161            27,209          61                61           (695)           695
      Jan-09                        170             161          27,370           (1,671)   37.951%                     29,041                        161            27,370          61                61           (634)           634
      Feb-09                        171             161          27,531           (1,510)   37.951%                     29,041                        161            27,531          61                61           (573)           573
      Mar-09                        172             161          27,692           (1,349)   37.951%                     29,041                        161            27,692          61                61           (512)           512
      Apr-09                        173             161          27,853           (1,188)   37.951%                     29,041                        161            27,853          61                61           (451)           451
      May-09                        174             161          28,014           (1,027)   37.951%                     29,041                        161            28,014          61                61           (390)           390
      Jun-09                        175             161          28,175             (866)   37.951%                     29,041                        161            28,175          61                61           (329)           329
       Jul-09                       176             161          28,336             (705)   37.951%                     29,041                        161            28,336          61                61           (267)           267
      Aug-09                        177             161          28,497             (544)   37.951%                     29,041                        161            28,497          61                61           (206)           206
      Sep-09                        178             161          28,658             (383)   37.951%                     29,041                        161            28,658          61                61           (145)           145
      Oct-09                        179             161          28,819             (222)   37.951%                     29,041                        161            28,819          61                61             (84)           84
      Nov-09                        180             222          29,041                0    37.951%                     29,041                        222            29,041          84                84               0            (0)

       Totals           (29,041)                  29,041                                                     29,041                    11,021         29,041                        11,021             0        (988,452)         988,452

END             END                END      END                           END               END        END                       END            END                           END            END                            END               END      END    END END




                                                                                                                                                               Dec 1994
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald, Emission Exchange Corp & EPA Auction
     (A)                (B)           (C)        (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                             [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.        D.I.T.
                                              Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale    Amount of Sale  Months     Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10      Total
      Apr-95         (2,294,650)   1             12,748           12,748     (2,281,902) 37.950% 2,294,650       2,294,650   870,820      12,748         12,748      4,838    (865,982)       (865,982)      865,982   2,256,396    2,294,650    38,254    Amortization For The Test Period
     May-95                        2             12,748           25,496     (2,269,154) 37.950%                 2,294,650                12,748         25,496      4,838        4,838       (861,144)      861,144     (14,507)          11    14,518    D.I.T. Expense For the Test Period
      Jun-95                       3             12,748           38,244     (2,256,406) 37.950%                 2,294,650                12,748         38,244      4,838        4,838       (856,306)      856,306      14,507          (11)    7,248    Average Deferred Tax Reserve Balance
       Jul-95                      4             12,748           50,992     (2,243,658) 37.950%                 2,294,650                12,748         50,992      4,838        4,838       (851,468)      851,468
      Aug-95                       5             12,748           63,740     (2,230,910) 37.950%                 2,294,650                12,748         63,740      4,838        4,838       (846,630)      846,630   2,294,650    2,294,650         0    Tax Gain (SCHMAT) For The Test Period
      Sep-95                       6             12,748           76,488     (2,218,162) 37.950%                 2,294,650                12,748         76,488      4,838        4,838       (841,792)      841,792   2,256,396    2,294,650    38,254    Realized Book Gain (SCHMDT) For The Test Period
      Oct-95                       7             12,748           89,236     (2,205,414) 37.950%                 2,294,650                12,748         89,236      4,838        4,838       (836,955)      836,955
      Nov-95                       8             12,748          101,984     (2,192,666) 37.950%                 2,294,650                12,748        101,984      4,838        4,838       (832,117)      832,117
      Dec-95                       9             12,748          114,732     (2,179,918) 37.950%                 2,294,650                12,748        114,732      4,838        4,838       (827,279)      827,279
      Jan-96                       10            12,748          127,480     (2,167,170) 37.950%                 2,294,650                12,748        127,480      4,838        4,838       (822,441)      822,441
      Feb-96                       11            12,748          140,228     (2,154,422) 37.950%                 2,294,650                12,748        140,228      4,838        4,838       (817,603)      817,603
      Mar-96                       12            12,748          152,976     (2,141,674) 37.950%                 2,294,650                12,748        152,976      4,838        4,838       (812,765)      812,765
      Apr-96                       13            12,748          165,724     (2,128,926) 37.950%                 2,294,650                12,748        165,724      4,838        4,838       (807,927)      807,927
     May-96                        14            12,748          178,472     (2,116,178) 37.950%                 2,294,650                12,748        178,472      4,838        4,838       (803,090)      803,090
      Jun-96                       15            12,748          191,220     (2,103,430) 37.950%                 2,294,650                12,748        191,220      4,838        4,838       (798,252)      798,252
       Jul-96                      16            12,748          203,968     (2,090,682) 37.950%                 2,294,650                12,748        203,968      4,838        4,838       (793,414)      793,414
      Aug-96                       17            12,748          216,716     (2,077,934) 37.950%                 2,294,650                12,748        216,716      4,838        4,838       (788,576)      788,576
      Sep-96                       18            12,748          229,464     (2,065,186) 37.950%                 2,294,650                12,748        229,464      4,838        4,838       (783,738)      783,738
      Oct-96                       19            12,748          242,212     (2,052,438) 37.950%                 2,294,650                12,748        242,212      4,838        4,838       (778,900)      778,900
      Nov-96                       20            12,748          254,960     (2,039,690) 37.950%                 2,294,650                12,748        254,960      4,838        4,838       (774,062)      774,062
      Dec-96                       21            12,748          267,708     (2,026,942) 37.950%                 2,294,650                12,748        267,708      4,838        4,838       (769,224)      769,224
      Jan-97                       22            12,748          280,456     (2,014,194) 37.950%                 2,294,650                12,748        280,456      4,838        4,838       (764,387)      764,387
      Feb-97                       23            12,748          293,204     (2,001,446) 37.950%                 2,294,650                12,748        293,204      4,838        4,838       (759,549)      759,549
      Mar-97                       24            12,748          305,952     (1,988,698) 37.950%                 2,294,650                12,748        305,952      4,838        4,838       (754,711)      754,711
      Apr-97                       25            12,748          318,700     (1,975,950) 37.950%                 2,294,650                12,748        318,700      4,838        4,838       (749,873)      749,873
     May-97                        26            12,748          331,448     (1,963,202) 37.950%                 2,294,650                12,748        331,448      4,838        4,838       (745,035)      745,035
      Jun-97                       27            12,748          344,196     (1,950,454) 37.950%                 2,294,650                12,748        344,196      4,838        4,838       (740,197)      740,197
       Jul-97                      28            12,748          356,944     (1,937,706) 37.950%                 2,294,650                12,748        356,944      4,838        4,838       (735,359)      735,359
      Aug-97                       29            12,748          369,692     (1,924,958) 37.950%                 2,294,650                12,748        369,692      4,838        4,838       (730,522)      730,522
      Sep-97                       30            12,748          382,440     (1,912,210) 37.950%                 2,294,650                12,748        382,440      4,838        4,838       (725,684)      725,684
      Oct-97                       31            12,748          395,188     (1,899,462) 37.950%                 2,294,650                12,748        395,188      4,838        4,838       (720,846)      720,846
      Nov-97                       32            12,748          407,936     (1,886,714) 37.950%                 2,294,650                12,748        407,936      4,838        4,838       (716,008)      716,008
      Dec-97                       33            12,748          420,684     (1,873,966) 37.950%                 2,294,650                12,748        420,684      4,838        4,838       (711,170)      711,170
      Jan-98                       34            12,748          433,432     (1,861,218) 37.950%                 2,294,650                12,748        433,432      4,838        4,838       (706,332)      706,332
      Feb-98                       35            12,748          446,180     (1,848,470) 37.950%                 2,294,650                12,748        446,180      4,838        4,838       (701,494)      701,494
      Mar-98                       36            12,748          458,928     (1,835,722) 37.950%                 2,294,650                12,748        458,928      4,838        4,838       (696,656)      696,656
      Apr-98                       37            12,748          471,676     (1,822,974) 37.950%                 2,294,650                12,748        471,676      4,838        4,838       (691,819)      691,819
     May-98                        38            12,748          484,424     (1,810,226) 37.950%                 2,294,650                12,748        484,424      4,838        4,838       (686,981)      686,981
      Jun-98                       39            12,748          497,172     (1,797,478) 37.950%                 2,294,650                12,748        497,172      4,838        4,838       (682,143)      682,143
       Jul-98                      40            12,748          509,920     (1,784,730) 37.950%                 2,294,650                12,748        509,920      4,838        4,838       (677,305)      677,305
      Aug-98                       41            12,748          522,668     (1,771,982) 37.950%                 2,294,650                12,748        522,668      4,838        4,838       (672,467)      672,467
      Sep-98                       42            12,748          535,416     (1,759,234) 37.950%                 2,294,650                12,748        535,416      4,838        4,838       (667,629)      667,629
      Oct-98                       43            12,748          548,164     (1,746,486) 37.950%                 2,294,650                12,748        548,164      4,838        4,838       (662,791)      662,791
      Nov-98                       44            12,748          560,912     (1,733,738) 37.950%                 2,294,650                12,748        560,912      4,838        4,838       (657,954)      657,954
      Dec-98                       45            12,748          573,660     (1,720,990) 37.950%                 2,294,650                12,748        573,660      4,838        4,838       (653,116)      653,116
      Jan-99                       46            12,748          586,408     (1,708,242) 37.950%                 2,294,650                12,748        586,408      4,838        4,838       (648,278)      648,278
      Feb-99                       47            12,748          599,156     (1,695,494) 37.950%                 2,294,650                12,748        599,156      4,838        4,838       (643,440)      643,440
      Mar-99                       48            12,748          611,904     (1,682,746) 37.950%                 2,294,650                12,748        611,904      4,838        4,838       (638,602)      638,602
      Apr-99                       49            12,748          624,652     (1,669,998) 37.950%                 2,294,650                12,748        624,652      4,838        4,838       (633,764)      633,764
     May-99                        50            12,748          637,400     (1,657,250) 37.950%                 2,294,650                12,748        637,400      4,838        4,838       (628,926)      628,926
      Jun-99                       51            12,748          650,148     (1,644,502) 37.950%                 2,294,650                12,748        650,148      4,838        4,838       (624,089)      624,089
       Jul-99                      52            12,748          662,896     (1,631,754) 37.950%                 2,294,650                12,748        662,896      4,838        4,838       (619,251)      619,251
      Aug-99                       53            12,748          675,644     (1,619,006) 37.950%                 2,294,650                12,748        675,644      4,838        4,838       (614,413)      614,413
      Sep-99                       54            12,748          688,392     (1,606,258) 37.950%                 2,294,650                12,748        688,392      4,838        4,838       (609,575)      609,575
      Oct-99                       55            12,748          701,140     (1,593,510) 37.950%                 2,294,650                12,748        701,140      4,838        4,838       (604,737)      604,737
      Nov-99                       56            12,748          713,888     (1,580,762) 37.950%                 2,294,650                12,748        713,888      4,838        4,838       (599,899)      599,899
      Dec-99                       57            12,748          726,636     (1,568,014) 37.950%                 2,294,650                12,748        726,636      4,838        4,838       (595,061)      595,061
      Jan-00                       58            12,748          739,384     (1,555,266) 37.950%                 2,294,650                12,748        739,384      4,838        4,838       (590,223)      590,223
      Feb-00                       59            12,748          752,132     (1,542,518) 37.950%                 2,294,650                12,748        752,132      4,838        4,838       (585,386)      585,386
      Mar-00                       60            12,748          764,880     (1,529,770) 37.950%                 2,294,650                12,748        764,880      4,838        4,838       (580,548)      580,548
      Apr-00                       61            12,748          777,628     (1,517,022) 37.950%                 2,294,650                12,748        777,628      4,838        4,838       (575,710)      575,710
     May-00                        62            12,748          790,376     (1,504,274) 37.950%                 2,294,650                12,748        790,376      4,838        4,838       (570,872)      570,872
      Jun-00                       63            12,748          803,124     (1,491,526) 37.950%                 2,294,650                12,748        803,124      4,838        4,838       (566,034)      566,034
       Jul-00                      64            12,748          815,872     (1,478,778) 37.950%                 2,294,650                12,748        815,872      4,838        4,838       (561,196)      561,196
      Aug-00                       65            12,748          828,620     (1,466,030) 37.950%                 2,294,650                12,748        828,620      4,838        4,838       (556,358)      556,358
      Sep-00                       66            12,748          841,368     (1,453,282) 37.950%                 2,294,650                12,748        841,368      4,838        4,838       (551,521)      551,521
      Oct-00                       67            12,748          854,116     (1,440,534) 37.950%                 2,294,650                12,748        854,116      4,838        4,838       (546,683)      546,683
      Nov-00                       68            12,748          866,864     (1,427,786) 37.950%                 2,294,650                12,748        866,864      4,838        4,838       (541,845)      541,845
      Dec-00                       69            12,748          879,612     (1,415,038) 37.950%                 2,294,650                12,748        879,612      4,838        4,838       (537,007)      537,007
      Jan-01                       70            12,748          892,360     (1,402,290) 37.950%                 2,294,650                12,748        892,360      4,838        4,838       (532,169)      532,169
      Feb-01                       71            12,748          905,108     (1,389,542) 37.950%                 2,294,650                12,748        905,108      4,838        4,838       (527,331)      527,331
      Mar-01                       72            12,748          917,856     (1,376,794) 37.950%                 2,294,650                12,748        917,856      4,838        4,838       (522,493)      522,493
      Apr-01                       73            12,748          930,604     (1,364,046) 37.950%                 2,294,650                12,748        930,604      4,838        4,838       (517,655)      517,655
     May-01                        74            12,748          943,352     (1,351,298) 37.950%                 2,294,650                12,748        943,352      4,838        4,838       (512,818)      512,818
      Jun-01                       75            12,748          956,100     (1,338,550) 37.950%                 2,294,650                12,748        956,100      4,838        4,838       (507,980)      507,980
       Jul-01                      76            12,748          968,848     (1,325,802) 37.950%                 2,294,650                12,748        968,848      4,838        4,838       (503,142)      503,142
      Aug-01                       77            12,748          981,596     (1,313,054) 37.950%                 2,294,650                12,748        981,596      4,838        4,838       (498,304)      498,304
      Sep-01                       78            12,748          994,344     (1,300,306) 37.950%                 2,294,650                12,748        994,344      4,838        4,838       (493,466)      493,466
      Oct-01                       79            12,748        1,007,092     (1,287,558) 37.950%                 2,294,650                12,748      1,007,092      4,838        4,838       (488,628)      488,628


                                                                                                                                                    Apr 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald, Emission Exchange Corp & EPA Auction
     (A)                (B)           (C)        (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                             [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.        D.I.T.
                                              Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Nov-01                         80          12,748        1,019,840     (1,274,810) 37.950%                 2,294,650                12,748      1,019,840      4,838        4,838       (483,790)      483,790
      Dec-01                         81          12,748        1,032,588     (1,262,062) 37.950%                 2,294,650                12,748      1,032,588      4,838        4,838       (478,953)      478,953
      Jan-02                         82          12,748        1,045,336     (1,249,314) 37.950%                 2,294,650                12,748      1,045,336      4,838        4,838       (474,115)      474,115
      Feb-02                         83          12,748        1,058,084     (1,236,566) 37.950%                 2,294,650                12,748      1,058,084      4,838        4,838       (469,277)      469,277
      Mar-02                         84          12,748        1,070,832     (1,223,818) 37.950%                 2,294,650                12,748      1,070,832      4,838        4,838       (464,439)      464,439
      Apr-02                         85          12,748        1,083,580     (1,211,070) 37.950%                 2,294,650                12,748      1,083,580      4,838        4,838       (459,601)      459,601
     May-02                          86          12,748        1,096,328     (1,198,322) 37.950%                 2,294,650                12,748      1,096,328      4,838        4,838       (454,763)      454,763
      Jun-02                         87          12,748        1,109,076     (1,185,574) 37.950%                 2,294,650                12,748      1,109,076      4,838        4,838       (449,925)      449,925
       Jul-02                        88          12,748        1,121,824     (1,172,826) 37.950%                 2,294,650                12,748      1,121,824      4,838        4,838       (445,087)      445,087
      Aug-02                         89          12,748        1,134,572     (1,160,078) 37.950%                 2,294,650                12,748      1,134,572      4,838        4,838       (440,250)      440,250
      Sep-02                         90          12,748        1,147,320     (1,147,330) 37.950%                 2,294,650                12,748      1,147,320      4,838        4,838       (435,412)      435,412
      Oct-02                         91          12,748        1,160,068     (1,134,582) 37.950%                 2,294,650                12,748      1,160,068      4,838        4,838       (430,574)      430,574
      Nov-02                         92          12,748        1,172,816     (1,121,834) 37.950%                 2,294,650                12,748      1,172,816      4,838        4,838       (425,736)      425,736
      Dec-02                         93          12,748        1,185,564     (1,109,086) 37.950%                 2,294,650                12,748      1,185,564      4,838        4,838       (420,898)      420,898
      Jan-03                         94          12,748        1,198,312     (1,096,338) 37.950%                 2,294,650                12,748      1,198,312      4,838        4,838       (416,060)      416,060
      Feb-03                         95          12,748        1,211,060     (1,083,590) 37.950%                 2,294,650                12,748      1,211,060      4,838        4,838       (411,222)      411,222
      Mar-03                         96          12,748        1,223,808     (1,070,842) 37.950%                 2,294,650                12,748      1,223,808      4,838        4,838       (406,385)      406,385
      Apr-03                         97          12,748        1,236,556     (1,058,094) 37.950%                 2,294,650                12,748      1,236,556      4,838        4,838       (401,547)      401,547
     May-03                          98          12,748        1,249,304     (1,045,346) 37.951%                 2,294,650                12,748      1,249,304      4,838        4,838       (396,709)      396,709
      Jun-03                         99          12,748        1,262,052     (1,032,598) 37.951%                 2,294,650                12,748      1,262,052      4,838        4,838       (391,871)      391,871
       Jul-03                       100          12,748        1,274,800     (1,019,850) 37.951%                 2,294,650                12,748      1,274,800      4,838        4,838       (387,033)      387,033
      Aug-03                        101          12,748        1,287,548     (1,007,102) 37.951%                 2,294,650                12,748      1,287,548      4,838        4,838       (382,195)      382,195
      Sep-03                        102          12,748        1,300,296       (994,354) 37.951%                 2,294,650                12,748      1,300,296      4,838        4,838       (377,357)      377,357
      Oct-03                        103          12,748        1,313,044       (981,606) 37.951%                 2,294,650                12,748      1,313,044      4,838        4,838       (372,519)      372,519
      Nov-03                        104          12,748        1,325,792       (968,858) 37.951%                 2,294,650                12,748      1,325,792      4,838        4,838       (367,681)      367,681
      Dec-03                        105          12,748        1,338,540       (956,110) 37.951%                 2,294,650                12,748      1,338,540      4,838        4,838       (362,843)      362,843
      Jan-04                        106          12,748        1,351,288       (943,362) 37.951%                 2,294,650                12,748      1,351,288      4,838        4,838       (358,005)      358,005
      Feb-04                        107          12,748        1,364,036       (930,614) 37.951%                 2,294,650                12,748      1,364,036      4,838        4,838       (353,167)      353,167
      Mar-04                        108          12,748        1,376,784       (917,866) 37.951%                 2,294,650                12,748      1,376,784      4,838        4,838       (348,329)      348,329
      Apr-04                        109          12,748        1,389,532       (905,118) 37.951%                 2,294,650                12,748      1,389,532      4,838        4,838       (343,491)      343,491
     May-04                         110          12,748        1,402,280       (892,370) 37.951%                 2,294,650                12,748      1,402,280      4,838        4,838       (338,653)      338,653
      Jun-04                        111          12,748        1,415,028       (879,622) 37.951%                 2,294,650                12,748      1,415,028      4,838        4,838       (333,815)      333,815
       Jul-04                       112          12,748        1,427,776       (866,874) 37.951%                 2,294,650                12,748      1,427,776      4,838        4,838       (328,977)      328,977
      Aug-04                        113          12,748        1,440,524       (854,126) 37.951%                 2,294,650                12,748      1,440,524      4,838        4,838       (324,139)      324,139
      Sep-04                        114          12,748        1,453,272       (841,378) 37.951%                 2,294,650                12,748      1,453,272      4,838        4,838       (319,301)      319,301
      Oct-04                        115          12,748        1,466,020       (828,630) 37.951%                 2,294,650                12,748      1,466,020      4,838        4,838       (314,463)      314,463
      Nov-04                        116          12,748        1,478,768       (815,882) 37.951%                 2,294,650                12,748      1,478,768      4,838        4,838       (309,625)      309,625
      Dec-04                        117          12,748        1,491,516       (803,134) 37.951%                 2,294,650                12,748      1,491,516      4,838        4,838       (304,787)      304,787
      Jan-05                        118          12,748        1,504,264       (790,386) 37.951%                 2,294,650                12,748      1,504,264      4,838        4,838       (299,949)      299,949
      Feb-05                        119          12,748        1,517,012       (777,638) 37.951%                 2,294,650                12,748      1,517,012      4,838        4,838       (295,111)      295,111
      Mar-05                        120          12,748        1,529,760       (764,890) 37.951%                 2,294,650                12,748      1,529,760      4,838        4,838       (290,273)      290,273
      Apr-05                        121          12,748        1,542,508       (752,142) 37.951%                 2,294,650                12,748      1,542,508      4,838        4,838       (285,435)      285,435
     May-05                         122          12,748        1,555,256       (739,394) 37.951%                 2,294,650                12,748      1,555,256      4,838        4,838       (280,597)      280,597
      Jun-05                        123          12,748        1,568,004       (726,646) 37.951%                 2,294,650                12,748      1,568,004      4,838        4,838       (275,759)      275,759
       Jul-05                       124          12,748        1,580,752       (713,898) 37.951%                 2,294,650                12,748      1,580,752      4,838        4,838       (270,921)      270,921
      Aug-05                        125          12,748        1,593,500       (701,150) 37.951%                 2,294,650                12,748      1,593,500      4,838        4,838       (266,083)      266,083
      Sep-05                        126          12,748        1,606,248       (688,402) 37.951%                 2,294,650                12,748      1,606,248      4,838        4,838       (261,245)      261,245
      Oct-05                        127          12,748        1,618,996       (675,654) 37.951%                 2,294,650                12,748      1,618,996      4,838        4,838       (256,407)      256,407
      Nov-05                        128          12,748        1,631,744       (662,906) 37.951%                 2,294,650                12,748      1,631,744      4,838        4,838       (251,569)      251,569
      Dec-05                        129          12,748        1,644,492       (650,158) 37.951%                 2,294,650                12,748      1,644,492      4,838        4,838       (246,731)      246,731
      Jan-06                        130          12,748        1,657,240       (637,410) 37.951%                 2,294,650                12,748      1,657,240      4,838        4,838       (241,893)      241,893
      Feb-06                        131          12,748        1,669,988       (624,662) 37.951%                 2,294,650                12,748      1,669,988      4,838        4,838       (237,055)      237,055
      Mar-06                        132          12,748        1,682,736       (611,914) 37.951%                 2,294,650                12,748      1,682,736      4,838        4,838       (232,217)      232,217
      Apr-06                        133          12,748        1,695,484       (599,166) 37.951%                 2,294,650                12,748      1,695,484      4,838        4,838       (227,379)      227,379
     May-06                         134          12,748        1,708,232       (586,418) 37.951%                 2,294,650                12,748      1,708,232      4,838        4,838       (222,541)      222,541
      Jun-06                        135          12,748        1,720,980       (573,670) 37.951%                 2,294,650                12,748      1,720,980      4,838        4,838       (217,703)      217,703
       Jul-06                       136          12,748        1,733,728       (560,922) 37.951%                 2,294,650                12,748      1,733,728      4,838        4,838       (212,865)      212,865
      Aug-06                        137          12,748        1,746,476       (548,174) 37.951%                 2,294,650                12,748      1,746,476      4,838        4,838       (208,027)      208,027
      Sep-06                        138          12,748        1,759,224       (535,426) 37.951%                 2,294,650                12,748      1,759,224      4,838        4,838       (203,189)      203,189
      Oct-06                        139          12,748        1,771,972       (522,678) 37.951%                 2,294,650                12,748      1,771,972      4,838        4,838       (198,351)      198,351
      Nov-06                        140          12,748        1,784,720       (509,930) 37.951%                 2,294,650                12,748      1,784,720      4,838        4,838       (193,513)      193,513
      Dec-06                        141          12,748        1,797,468       (497,182) 37.951%                 2,294,650                12,748      1,797,468      4,838        4,838       (188,675)      188,675
      Jan-07                        142          12,748        1,810,216       (484,434) 37.951%                 2,294,650                12,748      1,810,216      4,838        4,838       (183,837)      183,837
      Feb-07                        143          12,748        1,822,964       (471,686) 37.951%                 2,294,650                12,748      1,822,964      4,838        4,838       (178,999)      178,999
      Mar-07                        144          12,748        1,835,712       (458,938) 37.951%                 2,294,650                12,748      1,835,712      4,838        4,838       (174,161)      174,161
      Apr-07                        145          12,748        1,848,460       (446,190) 37.951%                 2,294,650                12,748      1,848,460      4,838        4,838       (169,323)      169,323
     May-07                         146          12,748        1,861,208       (433,442) 37.951%                 2,294,650                12,748      1,861,208      4,838        4,838       (164,485)      164,485
      Jun-07                        147          12,748        1,873,956       (420,694) 37.951%                 2,294,650                12,748      1,873,956      4,838        4,838       (159,647)      159,647
       Jul-07                       148          12,748        1,886,704       (407,946) 37.951%                 2,294,650                12,748      1,886,704      4,838        4,838       (154,809)      154,809
      Aug-07                        149          12,748        1,899,452       (395,198) 37.951%                 2,294,650                12,748      1,899,452      4,838        4,838       (149,971)      149,971
      Sep-07                        150          12,748        1,912,200       (382,450) 37.951%                 2,294,650                12,748      1,912,200      4,838        4,838       (145,133)      145,133
      Oct-07                        151          12,748        1,924,948       (369,702) 37.951%                 2,294,650                12,748      1,924,948      4,838        4,838       (140,295)      140,295
      Nov-07                        152          12,748        1,937,696       (356,954) 37.951%                 2,294,650                12,748      1,937,696      4,838        4,838       (135,457)      135,457
      Dec-07                        153          12,748        1,950,444       (344,206) 37.951%                 2,294,650                12,748      1,950,444      4,838        4,838       (130,619)      130,619
      Jan-08                        154          12,748        1,963,192       (331,458) 37.951%                 2,294,650                12,748      1,963,192      4,838        4,838       (125,781)      125,781
      Feb-08                        155          12,748        1,975,940       (318,710) 37.951%                 2,294,650                12,748      1,975,940      4,838        4,838       (120,943)      120,943
      Mar-08                        156          12,748        1,988,688       (305,962) 37.951%                 2,294,650                12,748      1,988,688      4,838        4,838       (116,105)      116,105
      Apr-08                        157          12,748        2,001,436       (293,214) 37.951%                 2,294,650                12,748      2,001,436      4,838        4,838       (111,267)      111,267
     May-08                         158          12,748        2,014,184       (280,466) 37.951%                 2,294,650                12,748      2,014,184      4,838        4,838       (106,429)      106,429


                                                                                                                                                    Apr 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald, Emission Exchange Corp & EPA Auction
     (A)                (B)           (C)        (D)             (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                             [(B)/48]*1]       (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Jun-08                          159          12,748        2,026,932         (267,718) 37.951%                 2,294,650                  12,748       2,026,932       4,838         4,838       (101,591)      101,591
       Jul-08                         160          12,748        2,039,680         (254,970) 37.951%                 2,294,650                  12,748       2,039,680       4,838         4,838        (96,753)       96,753
      Aug-08                          161          12,748        2,052,428         (242,222) 37.951%                 2,294,650                  12,748       2,052,428       4,838         4,838        (91,915)       91,915
      Sep-08                          162          12,748        2,065,176         (229,474) 37.951%                 2,294,650                  12,748       2,065,176       4,838         4,838        (87,077)       87,077
      Oct-08                          163          12,748        2,077,924         (216,726) 37.951%                 2,294,650                  12,748       2,077,924       4,838         4,838        (82,239)       82,239
      Nov-08                          164          12,748        2,090,672         (203,978) 37.951%                 2,294,650                  12,748       2,090,672       4,838         4,838        (77,401)       77,401
      Dec-08                          165          12,748        2,103,420         (191,230) 37.951%                 2,294,650                  12,748       2,103,420       4,838         4,838        (72,563)       72,563
      Jan-09                          166          12,748        2,116,168         (178,482) 37.951%                 2,294,650                  12,748       2,116,168       4,838         4,838        (67,725)       67,725
      Feb-09                          167          12,748        2,128,916         (165,734) 37.951%                 2,294,650                  12,748       2,128,916       4,838         4,838        (62,887)       62,887
      Mar-09                          168          12,748        2,141,664         (152,986) 37.951%                 2,294,650                  12,748       2,141,664       4,838         4,838        (58,049)       58,049
      Apr-09                          169          12,748        2,154,412         (140,238) 37.951%                 2,294,650                  12,748       2,154,412       4,838         4,838        (53,211)       53,211
     May-09                           170          12,748        2,167,160         (127,490) 37.951%                 2,294,650                  12,748       2,167,160       4,838         4,838        (48,373)       48,373
      Jun-09                          171          12,748        2,179,908         (114,742) 37.951%                 2,294,650                  12,748       2,179,908       4,838         4,838        (43,535)       43,535
       Jul-09                         172          12,748        2,192,656         (101,994) 37.951%                 2,294,650                  12,748       2,192,656       4,838         4,838        (38,697)       38,697
      Aug-09                          173          12,748        2,205,404          (89,246) 37.951%                 2,294,650                  12,748       2,205,404       4,838         4,838        (33,859)       33,859
      Sep-09                          174          12,748        2,218,152          (76,498) 37.951%                 2,294,650                  12,748       2,218,152       4,838         4,838        (29,021)       29,021
      Oct-09                          175          12,748        2,230,900          (63,750) 37.951%                 2,294,650                  12,748       2,230,900       4,838         4,838        (24,183)       24,183
      Nov-09                          176          12,748        2,243,648          (51,002) 37.951%                 2,294,650                  12,748       2,243,648       4,838         4,838        (19,345)       19,345
      Dec-09                          177          12,748        2,256,396          (38,254) 37.951%                 2,294,650                  12,748       2,256,396       4,838         4,838        (14,507)       14,507
      Jan-10                          178          12,748        2,269,144          (25,506) 37.951%                 2,294,650                  12,748       2,269,144       4,838         4,838         (9,669)        9,669
      Feb-10                          179          12,748        2,281,892          (12,758) 37.951%                 2,294,650                  12,748       2,281,892       4,838         4,838         (4,831)        4,831
      Mar-10                          180          12,758        2,294,650                0 37.951%                  2,294,650                  12,758       2,294,650       4,842         4,842             11           (11)

        Totals         (2,294,650)              2,294,650                                              2,294,650                   870,820    2,294,650                    870,830           11     (77,938,256)     77,938,256

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Apr 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve       Dec-09    Dec-10   Total
      May-95           (25,252)   1              140              140        (25,112)   37.950%       25,252        25,252     9,583         140            140         53       (9,530)         (9,530)        9,530   24,640    25,252    612     Amortization For The Test Period
      Jun-95                      2              140              280        (24,972)   37.950%                     25,252                   140            280         53            53         (9,477)        9,477     (232)        0    232     D.I.T. Expense For the Test Period
       Jul-95                     3              140              420        (24,832)   37.950%                     25,252                   140            420         53            53         (9,424)        9,424      232        (0)   116     Average Deferred Tax Reserve Balance
      Aug-95                      4              140              560        (24,692)   37.950%                     25,252                   140            560         53            53         (9,371)        9,371
      Sep-95                      5              140              700        (24,552)   37.950%                     25,252                   140            700         53            53         (9,317)        9,317   25,252    25,252      0     Tax Gain (SCHMAT) For The Test Period
      Oct-95                      6              140              840        (24,412)   37.950%                     25,252                   140            840         53            53         (9,264)        9,264   24,640    25,252    612     Realized Book Gain (SCHMDT) For The Test Period
      Nov-95                      7              140              980        (24,272)   37.950%                     25,252                   140            980         53            53         (9,211)        9,211
      Dec-95                      8              140            1,120        (24,132)   37.950%                     25,252                   140          1,120         53            53         (9,158)        9,158
      Jan-96                      9              140            1,260        (23,992)   37.950%                     25,252                   140          1,260         53            53         (9,105)        9,105
      Feb-96                      10             140            1,400        (23,852)   37.950%                     25,252                   140          1,400         53            53         (9,052)        9,052
      Mar-96                      11             140            1,540        (23,712)   37.950%                     25,252                   140          1,540         53            53         (8,999)        8,999
      Apr-96                      12             140            1,680        (23,572)   37.950%                     25,252                   140          1,680         53            53         (8,946)        8,946
      May-96                      13             140            1,820        (23,432)   37.950%                     25,252                   140          1,820         53            53         (8,892)        8,892
      Jun-96                      14             140            1,960        (23,292)   37.950%                     25,252                   140          1,960         53            53         (8,839)        8,839
       Jul-96                     15             140            2,100        (23,152)   37.950%                     25,252                   140          2,100         53            53         (8,786)        8,786
      Aug-96                      16             140            2,240        (23,012)   37.950%                     25,252                   140          2,240         53            53         (8,733)        8,733
      Sep-96                      17             140            2,380        (22,872)   37.950%                     25,252                   140          2,380         53            53         (8,680)        8,680
      Oct-96                      18             140            2,520        (22,732)   37.950%                     25,252                   140          2,520         53            53         (8,627)        8,627
      Nov-96                      19             140            2,660        (22,592)   37.950%                     25,252                   140          2,660         53            53         (8,574)        8,574
      Dec-96                      20             140            2,800        (22,452)   37.950%                     25,252                   140          2,800         53            53         (8,521)        8,521
      Jan-97                      21             140            2,940        (22,312)   37.950%                     25,252                   140          2,940         53            53         (8,467)        8,467
      Feb-97                      22             140            3,080        (22,172)   37.950%                     25,252                   140          3,080         53            53         (8,414)        8,414
      Mar-97                      23             140            3,220        (22,032)   37.950%                     25,252                   140          3,220         53            53         (8,361)        8,361
      Apr-97                      24             140            3,360        (21,892)   37.950%                     25,252                   140          3,360         53            53         (8,308)        8,308
      May-97                      25             140            3,500        (21,752)   37.950%                     25,252                   140          3,500         53            53         (8,255)        8,255
      Jun-97                      26             140            3,640        (21,612)   37.950%                     25,252                   140          3,640         53            53         (8,202)        8,202
       Jul-97                     27             140            3,780        (21,472)   37.950%                     25,252                   140          3,780         53            53         (8,149)        8,149
      Aug-97                      28             140            3,920        (21,332)   37.950%                     25,252                   140          3,920         53            53         (8,095)        8,095
      Sep-97                      29             140            4,060        (21,192)   37.950%                     25,252                   140          4,060         53            53         (8,042)        8,042
      Oct-97                      30             140            4,200        (21,052)   37.950%                     25,252                   140          4,200         53            53         (7,989)        7,989
      Nov-97                      31             140            4,340        (20,912)   37.950%                     25,252                   140          4,340         53            53         (7,936)        7,936
      Dec-97                      32             140            4,480        (20,772)   37.950%                     25,252                   140          4,480         53            53         (7,883)        7,883
      Jan-98                      33             140            4,620        (20,632)   37.950%                     25,252                   140          4,620         53            53         (7,830)        7,830
      Feb-98                      34             140            4,760        (20,492)   37.950%                     25,252                   140          4,760         53            53         (7,777)        7,777
      Mar-98                      35             140            4,900        (20,352)   37.950%                     25,252                   140          4,900         53            53         (7,724)        7,724
      Apr-98                      36             140            5,040        (20,212)   37.950%                     25,252                   140          5,040         53            53         (7,670)        7,670
      May-98                      37             140            5,180        (20,072)   37.950%                     25,252                   140          5,180         53            53         (7,617)        7,617
      Jun-98                      38             140            5,320        (19,932)   37.950%                     25,252                   140          5,320         53            53         (7,564)        7,564
       Jul-98                     39             140            5,460        (19,792)   37.950%                     25,252                   140          5,460         53            53         (7,511)        7,511
      Aug-98                      40             140            5,600        (19,652)   37.950%                     25,252                   140          5,600         53            53         (7,458)        7,458
      Sep-98                      41             140            5,740        (19,512)   37.950%                     25,252                   140          5,740         53            53         (7,405)        7,405
      Oct-98                      42             140            5,880        (19,372)   37.950%                     25,252                   140          5,880         53            53         (7,352)        7,352
      Nov-98                      43             140            6,020        (19,232)   37.950%                     25,252                   140          6,020         53            53         (7,299)        7,299
      Dec-98                      44             140            6,160        (19,092)   37.950%                     25,252                   140          6,160         53            53         (7,245)        7,245
      Jan-99                      45             140            6,300        (18,952)   37.950%                     25,252                   140          6,300         53            53         (7,192)        7,192
      Feb-99                      46             140            6,440        (18,812)   37.950%                     25,252                   140          6,440         53            53         (7,139)        7,139
      Mar-99                      47             140            6,580        (18,672)   37.950%                     25,252                   140          6,580         53            53         (7,086)        7,086
      Apr-99                      48             140            6,720        (18,532)   37.950%                     25,252                   140          6,720         53            53         (7,033)        7,033
      May-99                      49             140            6,860        (18,392)   37.950%                     25,252                   140          6,860         53            53         (6,980)        6,980
      Jun-99                      50             140            7,000        (18,252)   37.950%                     25,252                   140          7,000         53            53         (6,927)        6,927
       Jul-99                     51             140            7,140        (18,112)   37.950%                     25,252                   140          7,140         53            53         (6,874)        6,874
      Aug-99                      52             140            7,280        (17,972)   37.950%                     25,252                   140          7,280         53            53         (6,820)        6,820
      Sep-99                      53             140            7,420        (17,832)   37.950%                     25,252                   140          7,420         53            53         (6,767)        6,767
      Oct-99                      54             140            7,560        (17,692)   37.950%                     25,252                   140          7,560         53            53         (6,714)        6,714
      Nov-99                      55             140            7,700        (17,552)   37.950%                     25,252                   140          7,700         53            53         (6,661)        6,661
      Dec-99                      56             140            7,840        (17,412)   37.950%                     25,252                   140          7,840         53            53         (6,608)        6,608
      Jan-00                      57             140            7,980        (17,272)   37.950%                     25,252                   140          7,980         53            53         (6,555)        6,555
      Feb-00                      58             140            8,120        (17,132)   37.950%                     25,252                   140          8,120         53            53         (6,502)        6,502
      Mar-00                      59             140            8,260        (16,992)   37.950%                     25,252                   140          8,260         53            53         (6,448)        6,448
      Apr-00                      60             140            8,400        (16,852)   37.950%                     25,252                   140          8,400         53            53         (6,395)        6,395
      May-00                      61             140            8,540        (16,712)   37.950%                     25,252                   140          8,540         53            53         (6,342)        6,342
      Jun-00                      62             140            8,680        (16,572)   37.950%                     25,252                   140          8,680         53            53         (6,289)        6,289
       Jul-00                     63             140            8,820        (16,432)   37.950%                     25,252                   140          8,820         53            53         (6,236)        6,236
      Aug-00                      64             140            8,960        (16,292)   37.950%                     25,252                   140          8,960         53            53         (6,183)        6,183
      Sep-00                      65             140            9,100        (16,152)   37.950%                     25,252                   140          9,100         53            53         (6,130)        6,130
      Oct-00                      66             140            9,240        (16,012)   37.950%                     25,252                   140          9,240         53            53         (6,077)        6,077
      Nov-00                      67             140            9,380        (15,872)   37.950%                     25,252                   140          9,380         53            53         (6,023)        6,023
      Dec-00                      68             140            9,520        (15,732)   37.950%                     25,252                   140          9,520         53            53         (5,970)        5,970
      Jan-01                      69             140            9,660        (15,592)   37.950%                     25,252                   140          9,660         53            53         (5,917)        5,917
      Feb-01                      70             140            9,800        (15,452)   37.950%                     25,252                   140          9,800         53            53         (5,864)        5,864
      Mar-01                      71             140            9,940        (15,312)   37.950%                     25,252                   140          9,940         53            53         (5,811)        5,811
      Apr-01                      72             140          10,080         (15,172)   37.950%                     25,252                   140         10,080         53            53         (5,758)        5,758
      May-01                      73             140          10,220         (15,032)   37.950%                     25,252                   140         10,220         53            53         (5,705)        5,705
      Jun-01                      74             140          10,360         (14,892)   37.950%                     25,252                   140         10,360         53            53         (5,652)        5,652
       Jul-01                     75             140          10,500         (14,752)   37.950%                     25,252                   140         10,500         53            53         (5,598)        5,598
      Aug-01                      76             140          10,640         (14,612)   37.950%                     25,252                   140         10,640         53            53         (5,545)        5,545
      Sep-01                      77             140          10,780         (14,472)   37.950%                     25,252                   140         10,780         53            53         (5,492)        5,492


                                                                                                                                                   May 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)           (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                            Monthly      Accumulated    Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      Oct-01                       78             140          10,920        (14,332)   37.950%                     25,252                   140         10,920         53            53         (5,439)        5,439
      Nov-01                       79             140          11,060        (14,192)   37.950%                     25,252                   140         11,060         53            53         (5,386)        5,386
      Dec-01                       80             140          11,200        (14,052)   37.950%                     25,252                   140         11,200         53            53         (5,333)        5,333
      Jan-02                       81             140          11,340        (13,912)   37.950%                     25,252                   140         11,340         53            53         (5,280)        5,280
      Feb-02                       82             140          11,480        (13,772)   37.950%                     25,252                   140         11,480         53            53         (5,226)        5,226
      Mar-02                       83             140          11,620        (13,632)   37.950%                     25,252                   140         11,620         53            53         (5,173)        5,173
      Apr-02                       84             140          11,760        (13,492)   37.950%                     25,252                   140         11,760         53            53         (5,120)        5,120
      May-02                       85             140          11,900        (13,352)   37.950%                     25,252                   140         11,900         53            53         (5,067)        5,067
      Jun-02                       86             140          12,040        (13,212)   37.950%                     25,252                   140         12,040         53            53         (5,014)        5,014
       Jul-02                      87             140          12,180        (13,072)   37.950%                     25,252                   140         12,180         53            53         (4,961)        4,961
      Aug-02                       88             140          12,320        (12,932)   37.950%                     25,252                   140         12,320         53            53         (4,908)        4,908
      Sep-02                       89             140          12,460        (12,792)   37.950%                     25,252                   140         12,460         53            53         (4,855)        4,855
      Oct-02                       90             140          12,600        (12,652)   37.950%                     25,252                   140         12,600         53            53         (4,801)        4,801
      Nov-02                       91             140          12,740        (12,512)   37.950%                     25,252                   140         12,740         53            53         (4,748)        4,748
      Dec-02                       92             140          12,880        (12,372)   37.950%                     25,252                   140         12,880         53            53         (4,695)        4,695
      Jan-03                       93             140          13,020        (12,232)   37.950%                     25,252                   140         13,020         53            53         (4,642)        4,642
      Feb-03                       94             140          13,160        (12,092)   37.950%                     25,252                   140         13,160         53            53         (4,589)        4,589
      Mar-03                       95             140          13,300        (11,952)   37.950%                     25,252                   140         13,300         53            53         (4,536)        4,536
      Apr-03                       96             140          13,440        (11,812)   37.950%                     25,252                   140         13,440         53            53         (4,483)        4,483
      May-03                       97             140          13,580        (11,672)   37.951%                     25,252                   140         13,580         53            53         (4,430)        4,430
      Jun-03                       98             140          13,720        (11,532)   37.951%                     25,252                   140         13,720         53            53         (4,376)        4,376
       Jul-03                      99             140          13,860        (11,392)   37.951%                     25,252                   140         13,860         53            53         (4,323)        4,323
      Aug-03                      100             140          14,000        (11,252)   37.951%                     25,252                   140         14,000         53            53         (4,270)        4,270
      Sep-03                      101             140          14,140        (11,112)   37.951%                     25,252                   140         14,140         53            53         (4,217)        4,217
      Oct-03                      102             140          14,280        (10,972)   37.951%                     25,252                   140         14,280         53            53         (4,164)        4,164
      Nov-03                      103             140          14,420        (10,832)   37.951%                     25,252                   140         14,420         53            53         (4,111)        4,111
      Dec-03                      104             140          14,560        (10,692)   37.951%                     25,252                   140         14,560         53            53         (4,058)        4,058
      Jan-04                      105             140          14,700        (10,552)   37.951%                     25,252                   140         14,700         53            53         (4,004)        4,004
      Feb-04                      106             140          14,840        (10,412)   37.951%                     25,252                   140         14,840         53            53         (3,951)        3,951
      Mar-04                      107             140          14,980        (10,272)   37.951%                     25,252                   140         14,980         53            53         (3,898)        3,898
      Apr-04                      108             140          15,120        (10,132)   37.951%                     25,252                   140         15,120         53            53         (3,845)        3,845
      May-04                      109             140          15,260         (9,992)   37.951%                     25,252                   140         15,260         53            53         (3,792)        3,792
      Jun-04                      110             140          15,400         (9,852)   37.951%                     25,252                   140         15,400         53            53         (3,739)        3,739
       Jul-04                     111             140          15,540         (9,712)   37.951%                     25,252                   140         15,540         53            53         (3,686)        3,686
      Aug-04                      112             140          15,680         (9,572)   37.951%                     25,252                   140         15,680         53            53         (3,633)        3,633
      Sep-04                      113             140          15,820         (9,432)   37.951%                     25,252                   140         15,820         53            53         (3,579)        3,579
      Oct-04                      114             140          15,960         (9,292)   37.951%                     25,252                   140         15,960         53            53         (3,526)        3,526
      Nov-04                      115             140          16,100         (9,152)   37.951%                     25,252                   140         16,100         53            53         (3,473)        3,473
      Dec-04                      116             140          16,240         (9,012)   37.951%                     25,252                   140         16,240         53            53         (3,420)        3,420
      Jan-05                      117             140          16,380         (8,872)   37.951%                     25,252                   140         16,380         53            53         (3,367)        3,367
      Feb-05                      118             140          16,520         (8,732)   37.951%                     25,252                   140         16,520         53            53         (3,314)        3,314
      Mar-05                      119             140          16,660         (8,592)   37.951%                     25,252                   140         16,660         53            53         (3,261)        3,261
      Apr-05                      120             140          16,800         (8,452)   37.951%                     25,252                   140         16,800         53            53         (3,208)        3,208
      May-05                      121             140          16,940         (8,312)   37.951%                     25,252                   140         16,940         53            53         (3,154)        3,154
      Jun-05                      122             140          17,080         (8,172)   37.951%                     25,252                   140         17,080         53            53         (3,101)        3,101
       Jul-05                     123             140          17,220         (8,032)   37.951%                     25,252                   140         17,220         53            53         (3,048)        3,048
      Aug-05                      124             140          17,360         (7,892)   37.951%                     25,252                   140         17,360         53            53         (2,995)        2,995
      Sep-05                      125             140          17,500         (7,752)   37.951%                     25,252                   140         17,500         53            53         (2,942)        2,942
      Oct-05                      126             140          17,640         (7,612)   37.951%                     25,252                   140         17,640         53            53         (2,889)        2,889
      Nov-05                      127             140          17,780         (7,472)   37.951%                     25,252                   140         17,780         53            53         (2,836)        2,836
      Dec-05                      128             140          17,920         (7,332)   37.951%                     25,252                   140         17,920         53            53         (2,782)        2,782
      Jan-06                      129             140          18,060         (7,192)   37.951%                     25,252                   140         18,060         53            53         (2,729)        2,729
      Feb-06                      130             140          18,200         (7,052)   37.951%                     25,252                   140         18,200         53            53         (2,676)        2,676
      Mar-06                      131             140          18,340         (6,912)   37.951%                     25,252                   140         18,340         53            53         (2,623)        2,623
      Apr-06                      132             140          18,480         (6,772)   37.951%                     25,252                   140         18,480         53            53         (2,570)        2,570
      May-06                      133             140          18,620         (6,632)   37.951%                     25,252                   140         18,620         53            53         (2,517)        2,517
      Jun-06                      134             140          18,760         (6,492)   37.951%                     25,252                   140         18,760         53            53         (2,464)        2,464
       Jul-06                     135             140          18,900         (6,352)   37.951%                     25,252                   140         18,900         53            53         (2,411)        2,411
      Aug-06                      136             140          19,040         (6,212)   37.951%                     25,252                   140         19,040         53            53         (2,357)        2,357
      Sep-06                      137             140          19,180         (6,072)   37.951%                     25,252                   140         19,180         53            53         (2,304)        2,304
      Oct-06                      138             140          19,320         (5,932)   37.951%                     25,252                   140         19,320         53            53         (2,251)        2,251
      Nov-06                      139             140          19,460         (5,792)   37.951%                     25,252                   140         19,460         53            53         (2,198)        2,198
      Dec-06                      140             140          19,600         (5,652)   37.951%                     25,252                   140         19,600         53            53         (2,145)        2,145
      Jan-07                      141             140          19,740         (5,512)   37.951%                     25,252                   140         19,740         53            53         (2,092)        2,092
      Feb-07                      142             140          19,880         (5,372)   37.951%                     25,252                   140         19,880         53            53         (2,039)        2,039
      Mar-07                      143             140          20,020         (5,232)   37.951%                     25,252                   140         20,020         53            53         (1,985)        1,985
      Apr-07                      144             140          20,160         (5,092)   37.951%                     25,252                   140         20,160         53            53         (1,932)        1,932
      May-07                      145             140          20,300         (4,952)   37.951%                     25,252                   140         20,300         53            53         (1,879)        1,879
      Jun-07                      146             140          20,440         (4,812)   37.951%                     25,252                   140         20,440         53            53         (1,826)        1,826
       Jul-07                     147             140          20,580         (4,672)   37.951%                     25,252                   140         20,580         53            53         (1,773)        1,773
      Aug-07                      148             140          20,720         (4,532)   37.951%                     25,252                   140         20,720         53            53         (1,720)        1,720
      Sep-07                      149             140          20,860         (4,392)   37.951%                     25,252                   140         20,860         53            53         (1,667)        1,667
      Oct-07                      150             140          21,000         (4,252)   37.951%                     25,252                   140         21,000         53            53         (1,614)        1,614
      Nov-07                      151             140          21,140         (4,112)   37.951%                     25,252                   140         21,140         53            53         (1,560)        1,560
      Dec-07                      152             140          21,280         (3,972)   37.951%                     25,252                   140         21,280         53            53         (1,507)        1,507
      Jan-08                      153             140          21,420         (3,832)   37.951%                     25,252                   140         21,420         53            53         (1,454)        1,454
      Feb-08                      154             140          21,560         (3,692)   37.951%                     25,252                   140         21,560         53            53         (1,401)        1,401


                                                                                                                                                   May 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                (E)                (F)         (G)            (H)       (I)          (J)              (K)           (L)          (M)            (N)            (O)               (P)
                                        [(B)/48]*1]          (D)*(C)            (B)+(E)                                           (H)*(G)            (D)                      (K)*(G)        (M)-(J)
                                                                                                                                                                                              D.I.T.         D.I.T.
                                              Monthly      Accumulated      Balance to                 Monthly Tax Accumulated                  Monthly        Accumulated                  Monthly       Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization      Amortize       Tax Rate      Gain       Tax Gain          Tax     Book Gain        Book Gain     Book Tax      Expense         Expense        Reserve        Dec-09   Dec-10   Total
      Mar-08                        155             140          21,700           (3,552)   37.951%                     25,252                       140            21,700          53               53         (1,348)         1,348
      Apr-08                        156             140          21,840           (3,412)   37.951%                     25,252                       140            21,840          53               53         (1,295)         1,295
      May-08                        157             140          21,980           (3,272)   37.951%                     25,252                       140            21,980          53               53         (1,242)         1,242
      Jun-08                        158             140          22,120           (3,132)   37.951%                     25,252                       140            22,120          53               53         (1,189)         1,189
       Jul-08                       159             140          22,260           (2,992)   37.951%                     25,252                       140            22,260          53               53         (1,135)         1,135
      Aug-08                        160             140          22,400           (2,852)   37.951%                     25,252                       140            22,400          53               53         (1,082)         1,082
      Sep-08                        161             140          22,540           (2,712)   37.951%                     25,252                       140            22,540          53               53         (1,029)         1,029
      Oct-08                        162             140          22,680           (2,572)   37.951%                     25,252                       140            22,680          53               53           (976)           976
      Nov-08                        163             140          22,820           (2,432)   37.951%                     25,252                       140            22,820          53               53           (923)           923
      Dec-08                        164             140          22,960           (2,292)   37.951%                     25,252                       140            22,960          53               53           (870)           870
      Jan-09                        165             140          23,100           (2,152)   37.951%                     25,252                       140            23,100          53               53           (817)           817
      Feb-09                        166             140          23,240           (2,012)   37.951%                     25,252                       140            23,240          53               53           (763)           763
      Mar-09                        167             140          23,380           (1,872)   37.951%                     25,252                       140            23,380          53               53           (710)           710
      Apr-09                        168             140          23,520           (1,732)   37.951%                     25,252                       140            23,520          53               53           (657)           657
      May-09                        169             140          23,660           (1,592)   37.951%                     25,252                       140            23,660          53               53           (604)           604
      Jun-09                        170             140          23,800           (1,452)   37.951%                     25,252                       140            23,800          53               53           (551)           551
       Jul-09                       171             140          23,940           (1,312)   37.951%                     25,252                       140            23,940          53               53           (498)           498
      Aug-09                        172             140          24,080           (1,172)   37.951%                     25,252                       140            24,080          53               53           (445)           445
      Sep-09                        173             140          24,220           (1,032)   37.951%                     25,252                       140            24,220          53               53           (392)           392
      Oct-09                        174             140          24,360             (892)   37.951%                     25,252                       140            24,360          53               53           (338)           338
      Nov-09                        175             140          24,500             (752)   37.951%                     25,252                       140            24,500          53               53           (285)           285
      Dec-09                        176             140          24,640             (612)   37.951%                     25,252                       140            24,640          53               53           (232)           232
      Jan-10                        177             140          24,780             (472)   37.951%                     25,252                       140            24,780          53               53           (179)           179
      Feb-10                        178             140          24,920             (332)   37.951%                     25,252                       140            24,920          53               53           (126)           126
      Mar-10                        179             140          25,060             (192)   37.951%                     25,252                       140            25,060          53               53             (73)           73
      Apr-10                        180             192          25,252                0    37.951%                     25,252                       192            25,252          73               73               0            (0)

       Totals           (25,252)                  25,252                                                     25,252                    9,583         25,252                        9,583             0        (859,452)         859,452

END             END                END      END                           END               END        END                       END           END                           END           END                            END               END      END    END END




                                                                                                                                                              May 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10      Total
      Jun-95        (1,086,300)   1             6,035           6,035     (1,080,265) 37.950% 1,086,300       1,086,300   412,251       6,035          6,035      2,290    (409,961)       (409,961)      409,961   1,056,125    1,086,300    30,175    Amortization For The Test Period
       Jul-95                     2             6,035          12,070     (1,074,230) 37.950%                 1,086,300                 6,035        12,070       2,290        2,290       (407,670)      407,670     (11,447)           5    11,452    D.I.T. Expense For the Test Period
      Aug-95                      3             6,035          18,105     (1,068,195) 37.950%                 1,086,300                 6,035        18,105       2,290        2,290       (405,380)      405,380      11,447           (5)    5,721    Average Deferred Tax Reserve Balance
      Sep-95                      4             6,035          24,140     (1,062,160) 37.950%                 1,086,300                 6,035        24,140       2,290        2,290       (403,090)      403,090
      Oct-95                      5             6,035          30,175     (1,056,125) 37.950%                 1,086,300                 6,035        30,175       2,290        2,290       (400,799)      400,799   1,086,300    1,086,300         0    Tax Gain (SCHMAT) For The Test Period
      Nov-95                      6             6,035          36,210     (1,050,090) 37.950%                 1,086,300                 6,035        36,210       2,290        2,290       (398,509)      398,509   1,056,125    1,086,300    30,175    Realized Book Gain (SCHMDT) For The Test Period
      Dec-95                      7             6,035          42,245     (1,044,055) 37.950%                 1,086,300                 6,035        42,245       2,290        2,290       (396,219)      396,219
      Jan-96                      8             6,035          48,280     (1,038,020) 37.950%                 1,086,300                 6,035        48,280       2,290        2,290       (393,929)      393,929
      Feb-96                      9             6,035          54,315     (1,031,985) 37.950%                 1,086,300                 6,035        54,315       2,290        2,290       (391,638)      391,638
      Mar-96                      10            6,035          60,350     (1,025,950) 37.950%                 1,086,300                 6,035        60,350       2,290        2,290       (389,348)      389,348
      Apr-96                      11            6,035          66,385     (1,019,915) 37.950%                 1,086,300                 6,035        66,385       2,290        2,290       (387,058)      387,058
     May-96                       12            6,035          72,420     (1,013,880) 37.950%                 1,086,300                 6,035        72,420       2,290        2,290       (384,767)      384,767
      Jun-96                      13            6,035          78,455     (1,007,845) 37.950%                 1,086,300                 6,035        78,455       2,290        2,290       (382,477)      382,477
       Jul-96                     14            6,035          84,490     (1,001,810) 37.950%                 1,086,300                 6,035        84,490       2,290        2,290       (380,187)      380,187
      Aug-96                      15            6,035          90,525       (995,775) 37.950%                 1,086,300                 6,035        90,525       2,290        2,290       (377,897)      377,897
      Sep-96                      16            6,035          96,560       (989,740) 37.950%                 1,086,300                 6,035        96,560       2,290        2,290       (375,606)      375,606
      Oct-96                      17            6,035        102,595        (983,705) 37.950%                 1,086,300                 6,035       102,595       2,290        2,290       (373,316)      373,316
      Nov-96                      18            6,035        108,630        (977,670) 37.950%                 1,086,300                 6,035       108,630       2,290        2,290       (371,026)      371,026
      Dec-96                      19            6,035        114,665        (971,635) 37.950%                 1,086,300                 6,035       114,665       2,290        2,290       (368,735)      368,735
      Jan-97                      20            6,035        120,700        (965,600) 37.950%                 1,086,300                 6,035       120,700       2,290        2,290       (366,445)      366,445
      Feb-97                      21            6,035        126,735        (959,565) 37.950%                 1,086,300                 6,035       126,735       2,290        2,290       (364,155)      364,155
      Mar-97                      22            6,035        132,770        (953,530) 37.950%                 1,086,300                 6,035       132,770       2,290        2,290       (361,865)      361,865
      Apr-97                      23            6,035        138,805        (947,495) 37.950%                 1,086,300                 6,035       138,805       2,290        2,290       (359,574)      359,574
     May-97                       24            6,035        144,840        (941,460) 37.950%                 1,086,300                 6,035       144,840       2,290        2,290       (357,284)      357,284
      Jun-97                      25            6,035        150,875        (935,425) 37.950%                 1,086,300                 6,035       150,875       2,290        2,290       (354,994)      354,994
       Jul-97                     26            6,035        156,910        (929,390) 37.950%                 1,086,300                 6,035       156,910       2,290        2,290       (352,704)      352,704
      Aug-97                      27            6,035        162,945        (923,355) 37.950%                 1,086,300                 6,035       162,945       2,290        2,290       (350,413)      350,413
      Sep-97                      28            6,035        168,980        (917,320) 37.950%                 1,086,300                 6,035       168,980       2,290        2,290       (348,123)      348,123
      Oct-97                      29            6,035        175,015        (911,285) 37.950%                 1,086,300                 6,035       175,015       2,290        2,290       (345,833)      345,833
      Nov-97                      30            6,035        181,050        (905,250) 37.950%                 1,086,300                 6,035       181,050       2,290        2,290       (343,542)      343,542
      Dec-97                      31            6,035        187,085        (899,215) 37.950%                 1,086,300                 6,035       187,085       2,290        2,290       (341,252)      341,252
      Jan-98                      32            6,035        193,120        (893,180) 37.950%                 1,086,300                 6,035       193,120       2,290        2,290       (338,962)      338,962
      Feb-98                      33            6,035        199,155        (887,145) 37.950%                 1,086,300                 6,035       199,155       2,290        2,290       (336,672)      336,672
      Mar-98                      34            6,035        205,190        (881,110) 37.950%                 1,086,300                 6,035       205,190       2,290        2,290       (334,381)      334,381
      Apr-98                      35            6,035        211,225        (875,075) 37.950%                 1,086,300                 6,035       211,225       2,290        2,290       (332,091)      332,091
     May-98                       36            6,035        217,260        (869,040) 37.950%                 1,086,300                 6,035       217,260       2,290        2,290       (329,801)      329,801
      Jun-98                      37            6,035        223,295        (863,005) 37.950%                 1,086,300                 6,035       223,295       2,290        2,290       (327,510)      327,510
       Jul-98                     38            6,035        229,330        (856,970) 37.950%                 1,086,300                 6,035       229,330       2,290        2,290       (325,220)      325,220
      Aug-98                      39            6,035        235,365        (850,935) 37.950%                 1,086,300                 6,035       235,365       2,290        2,290       (322,930)      322,930
      Sep-98                      40            6,035        241,400        (844,900) 37.950%                 1,086,300                 6,035       241,400       2,290        2,290       (320,640)      320,640
      Oct-98                      41            6,035        247,435        (838,865) 37.950%                 1,086,300                 6,035       247,435       2,290        2,290       (318,349)      318,349
      Nov-98                      42            6,035        253,470        (832,830) 37.950%                 1,086,300                 6,035       253,470       2,290        2,290       (316,059)      316,059
      Dec-98                      43            6,035        259,505        (826,795) 37.950%                 1,086,300                 6,035       259,505       2,290        2,290       (313,769)      313,769
      Jan-99                      44            6,035        265,540        (820,760) 37.950%                 1,086,300                 6,035       265,540       2,290        2,290       (311,478)      311,478
      Feb-99                      45            6,035        271,575        (814,725) 37.950%                 1,086,300                 6,035       271,575       2,290        2,290       (309,188)      309,188
      Mar-99                      46            6,035        277,610        (808,690) 37.950%                 1,086,300                 6,035       277,610       2,290        2,290       (306,898)      306,898
      Apr-99                      47            6,035        283,645        (802,655) 37.950%                 1,086,300                 6,035       283,645       2,290        2,290       (304,608)      304,608
     May-99                       48            6,035        289,680        (796,620) 37.950%                 1,086,300                 6,035       289,680       2,290        2,290       (302,317)      302,317
      Jun-99                      49            6,035        295,715        (790,585) 37.950%                 1,086,300                 6,035       295,715       2,290        2,290       (300,027)      300,027
       Jul-99                     50            6,035        301,750        (784,550) 37.950%                 1,086,300                 6,035       301,750       2,290        2,290       (297,737)      297,737
      Aug-99                      51            6,035        307,785        (778,515) 37.950%                 1,086,300                 6,035       307,785       2,290        2,290       (295,446)      295,446
      Sep-99                      52            6,035        313,820        (772,480) 37.950%                 1,086,300                 6,035       313,820       2,290        2,290       (293,156)      293,156
      Oct-99                      53            6,035        319,855        (766,445) 37.950%                 1,086,300                 6,035       319,855       2,290        2,290       (290,866)      290,866
      Nov-99                      54            6,035        325,890        (760,410) 37.950%                 1,086,300                 6,035       325,890       2,290        2,290       (288,576)      288,576
      Dec-99                      55            6,035        331,925        (754,375) 37.950%                 1,086,300                 6,035       331,925       2,290        2,290       (286,285)      286,285
      Jan-00                      56            6,035        337,960        (748,340) 37.950%                 1,086,300                 6,035       337,960       2,290        2,290       (283,995)      283,995
      Feb-00                      57            6,035        343,995        (742,305) 37.950%                 1,086,300                 6,035       343,995       2,290        2,290       (281,705)      281,705
      Mar-00                      58            6,035        350,030        (736,270) 37.950%                 1,086,300                 6,035       350,030       2,290        2,290       (279,414)      279,414
      Apr-00                      59            6,035        356,065        (730,235) 37.950%                 1,086,300                 6,035       356,065       2,290        2,290       (277,124)      277,124
     May-00                       60            6,035        362,100        (724,200) 37.950%                 1,086,300                 6,035       362,100       2,290        2,290       (274,834)      274,834
      Jun-00                      61            6,035        368,135        (718,165) 37.950%                 1,086,300                 6,035       368,135       2,290        2,290       (272,544)      272,544
       Jul-00                     62            6,035        374,170        (712,130) 37.950%                 1,086,300                 6,035       374,170       2,290        2,290       (270,253)      270,253
      Aug-00                      63            6,035        380,205        (706,095) 37.950%                 1,086,300                 6,035       380,205       2,290        2,290       (267,963)      267,963
      Sep-00                      64            6,035        386,240        (700,060) 37.950%                 1,086,300                 6,035       386,240       2,290        2,290       (265,673)      265,673
      Oct-00                      65            6,035        392,275        (694,025) 37.950%                 1,086,300                 6,035       392,275       2,290        2,290       (263,382)      263,382
      Nov-00                      66            6,035        398,310        (687,990) 37.950%                 1,086,300                 6,035       398,310       2,290        2,290       (261,092)      261,092
      Dec-00                      67            6,035        404,345        (681,955) 37.950%                 1,086,300                 6,035       404,345       2,290        2,290       (258,802)      258,802
      Jan-01                      68            6,035        410,380        (675,920) 37.950%                 1,086,300                 6,035       410,380       2,290        2,290       (256,512)      256,512
      Feb-01                      69            6,035        416,415        (669,885) 37.950%                 1,086,300                 6,035       416,415       2,290        2,290       (254,221)      254,221
      Mar-01                      70            6,035        422,450        (663,850) 37.950%                 1,086,300                 6,035       422,450       2,290        2,290       (251,931)      251,931
      Apr-01                      71            6,035        428,485        (657,815) 37.950%                 1,086,300                 6,035       428,485       2,290        2,290       (249,641)      249,641
     May-01                       72            6,035        434,520        (651,780) 37.950%                 1,086,300                 6,035       434,520       2,290        2,290       (247,351)      247,351
      Jun-01                      73            6,035        440,555        (645,745) 37.950%                 1,086,300                 6,035       440,555       2,290        2,290       (245,060)      245,060
       Jul-01                     74            6,035        446,590        (639,710) 37.950%                 1,086,300                 6,035       446,590       2,290        2,290       (242,770)      242,770
      Aug-01                      75            6,035        452,625        (633,675) 37.950%                 1,086,300                 6,035       452,625       2,290        2,290       (240,480)      240,480
      Sep-01                      76            6,035        458,660        (627,640) 37.950%                 1,086,300                 6,035       458,660       2,290        2,290       (238,189)      238,189
      Oct-01                      77            6,035        464,695        (621,605) 37.950%                 1,086,300                 6,035       464,695       2,290        2,290       (235,899)      235,899
      Nov-01                      78            6,035        470,730        (615,570) 37.950%                 1,086,300                 6,035       470,730       2,290        2,290       (233,609)      233,609
      Dec-01                      79            6,035        476,765        (609,535) 37.950%                 1,086,300                 6,035       476,765       2,290        2,290       (231,319)      231,319


                                                                                                                                                 Jun 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)              (E)           (F)          (G)        (H)          (I)         (J)        (K)          (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                          (H)*(G)      (D)                    (K)*(G)     (M)-(J)
                                                                                                                                                                           D.I.T.        D.I.T.
                                            Monthly      Accumulated    Balance to             Monthly Tax Accumulated               Monthly    Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain    Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Jan-02                       80            6,035        482,800       (603,500) 37.950%                 1,086,300                 6,035       482,800      2,290        2,290       (229,028)      229,028
      Feb-02                       81            6,035        488,835       (597,465) 37.950%                 1,086,300                 6,035       488,835      2,290        2,290       (226,738)      226,738
      Mar-02                       82            6,035        494,870       (591,430) 37.950%                 1,086,300                 6,035       494,870      2,290        2,290       (224,448)      224,448
      Apr-02                       83            6,035        500,905       (585,395) 37.950%                 1,086,300                 6,035       500,905      2,290        2,290       (222,157)      222,157
     May-02                        84            6,035        506,940       (579,360) 37.950%                 1,086,300                 6,035       506,940      2,290        2,290       (219,867)      219,867
      Jun-02                       85            6,035        512,975       (573,325) 37.950%                 1,086,300                 6,035       512,975      2,290        2,290       (217,577)      217,577
       Jul-02                      86            6,035        519,010       (567,290) 37.950%                 1,086,300                 6,035       519,010      2,290        2,290       (215,287)      215,287
      Aug-02                       87            6,035        525,045       (561,255) 37.950%                 1,086,300                 6,035       525,045      2,290        2,290       (212,996)      212,996
      Sep-02                       88            6,035        531,080       (555,220) 37.950%                 1,086,300                 6,035       531,080      2,290        2,290       (210,706)      210,706
      Oct-02                       89            6,035        537,115       (549,185) 37.950%                 1,086,300                 6,035       537,115      2,290        2,290       (208,416)      208,416
      Nov-02                       90            6,035        543,150       (543,150) 37.950%                 1,086,300                 6,035       543,150      2,290        2,290       (206,125)      206,125
      Dec-02                       91            6,035        549,185       (537,115) 37.950%                 1,086,300                 6,035       549,185      2,290        2,290       (203,835)      203,835
      Jan-03                       92            6,035        555,220       (531,080) 37.950%                 1,086,300                 6,035       555,220      2,290        2,290       (201,545)      201,545
      Feb-03                       93            6,035        561,255       (525,045) 37.950%                 1,086,300                 6,035       561,255      2,290        2,290       (199,255)      199,255
      Mar-03                       94            6,035        567,290       (519,010) 37.950%                 1,086,300                 6,035       567,290      2,290        2,290       (196,964)      196,964
      Apr-03                       95            6,035        573,325       (512,975) 37.950%                 1,086,300                 6,035       573,325      2,290        2,290       (194,674)      194,674
     May-03                        96            6,035        579,360       (506,940) 37.951%                 1,086,300                 6,035       579,360      2,290        2,290       (192,384)      192,384
      Jun-03                       97            6,035        585,395       (500,905) 37.951%                 1,086,300                 6,035       585,395      2,290        2,290       (190,093)      190,093
       Jul-03                      98            6,035        591,430       (494,870) 37.951%                 1,086,300                 6,035       591,430      2,290        2,290       (187,803)      187,803
      Aug-03                       99            6,035        597,465       (488,835) 37.951%                 1,086,300                 6,035       597,465      2,290        2,290       (185,513)      185,513
      Sep-03                      100            6,035        603,500       (482,800) 37.951%                 1,086,300                 6,035       603,500      2,290        2,290       (183,222)      183,222
      Oct-03                      101            6,035        609,535       (476,765) 37.951%                 1,086,300                 6,035       609,535      2,290        2,290       (180,932)      180,932
      Nov-03                      102            6,035        615,570       (470,730) 37.951%                 1,086,300                 6,035       615,570      2,290        2,290       (178,642)      178,642
      Dec-03                      103            6,035        621,605       (464,695) 37.951%                 1,086,300                 6,035       621,605      2,290        2,290       (176,351)      176,351
      Jan-04                      104            6,035        627,640       (458,660) 37.951%                 1,086,300                 6,035       627,640      2,290        2,290       (174,061)      174,061
      Feb-04                      105            6,035        633,675       (452,625) 37.951%                 1,086,300                 6,035       633,675      2,290        2,290       (171,771)      171,771
      Mar-04                      106            6,035        639,710       (446,590) 37.951%                 1,086,300                 6,035       639,710      2,290        2,290       (169,480)      169,480
      Apr-04                      107            6,035        645,745       (440,555) 37.951%                 1,086,300                 6,035       645,745      2,290        2,290       (167,190)      167,190
     May-04                       108            6,035        651,780       (434,520) 37.951%                 1,086,300                 6,035       651,780      2,290        2,290       (164,900)      164,900
      Jun-04                      109            6,035        657,815       (428,485) 37.951%                 1,086,300                 6,035       657,815      2,290        2,290       (162,609)      162,609
       Jul-04                     110            6,035        663,850       (422,450) 37.951%                 1,086,300                 6,035       663,850      2,290        2,290       (160,319)      160,319
      Aug-04                      111            6,035        669,885       (416,415) 37.951%                 1,086,300                 6,035       669,885      2,290        2,290       (158,029)      158,029
      Sep-04                      112            6,035        675,920       (410,380) 37.951%                 1,086,300                 6,035       675,920      2,290        2,290       (155,738)      155,738
      Oct-04                      113            6,035        681,955       (404,345) 37.951%                 1,086,300                 6,035       681,955      2,290        2,290       (153,448)      153,448
      Nov-04                      114            6,035        687,990       (398,310) 37.951%                 1,086,300                 6,035       687,990      2,290        2,290       (151,157)      151,157
      Dec-04                      115            6,035        694,025       (392,275) 37.951%                 1,086,300                 6,035       694,025      2,290        2,290       (148,867)      148,867
      Jan-05                      116            6,035        700,060       (386,240) 37.951%                 1,086,300                 6,035       700,060      2,290        2,290       (146,577)      146,577
      Feb-05                      117            6,035        706,095       (380,205) 37.951%                 1,086,300                 6,035       706,095      2,290        2,290       (144,286)      144,286
      Mar-05                      118            6,035        712,130       (374,170) 37.951%                 1,086,300                 6,035       712,130      2,290        2,290       (141,996)      141,996
      Apr-05                      119            6,035        718,165       (368,135) 37.951%                 1,086,300                 6,035       718,165      2,290        2,290       (139,706)      139,706
     May-05                       120            6,035        724,200       (362,100) 37.951%                 1,086,300                 6,035       724,200      2,290        2,290       (137,415)      137,415
      Jun-05                      121            6,035        730,235       (356,065) 37.951%                 1,086,300                 6,035       730,235      2,290        2,290       (135,125)      135,125
       Jul-05                     122            6,035        736,270       (350,030) 37.951%                 1,086,300                 6,035       736,270      2,290        2,290       (132,835)      132,835
      Aug-05                      123            6,035        742,305       (343,995) 37.951%                 1,086,300                 6,035       742,305      2,290        2,290       (130,544)      130,544
      Sep-05                      124            6,035        748,340       (337,960) 37.951%                 1,086,300                 6,035       748,340      2,290        2,290       (128,254)      128,254
      Oct-05                      125            6,035        754,375       (331,925) 37.951%                 1,086,300                 6,035       754,375      2,290        2,290       (125,964)      125,964
      Nov-05                      126            6,035        760,410       (325,890) 37.951%                 1,086,300                 6,035       760,410      2,290        2,290       (123,673)      123,673
      Dec-05                      127            6,035        766,445       (319,855) 37.951%                 1,086,300                 6,035       766,445      2,290        2,290       (121,383)      121,383
      Jan-06                      128            6,035        772,480       (313,820) 37.951%                 1,086,300                 6,035       772,480      2,290        2,290       (119,093)      119,093
      Feb-06                      129            6,035        778,515       (307,785) 37.951%                 1,086,300                 6,035       778,515      2,290        2,290       (116,802)      116,802
      Mar-06                      130            6,035        784,550       (301,750) 37.951%                 1,086,300                 6,035       784,550      2,290        2,290       (114,512)      114,512
      Apr-06                      131            6,035        790,585       (295,715) 37.951%                 1,086,300                 6,035       790,585      2,290        2,290       (112,222)      112,222
     May-06                       132            6,035        796,620       (289,680) 37.951%                 1,086,300                 6,035       796,620      2,290        2,290       (109,931)      109,931
      Jun-06                      133            6,035        802,655       (283,645) 37.951%                 1,086,300                 6,035       802,655      2,290        2,290       (107,641)      107,641
       Jul-06                     134            6,035        808,690       (277,610) 37.951%                 1,086,300                 6,035       808,690      2,290        2,290       (105,351)      105,351
      Aug-06                      135            6,035        814,725       (271,575) 37.951%                 1,086,300                 6,035       814,725      2,290        2,290       (103,060)      103,060
      Sep-06                      136            6,035        820,760       (265,540) 37.951%                 1,086,300                 6,035       820,760      2,290        2,290       (100,770)      100,770
      Oct-06                      137            6,035        826,795       (259,505) 37.951%                 1,086,300                 6,035       826,795      2,290        2,290        (98,480)       98,480
      Nov-06                      138            6,035        832,830       (253,470) 37.951%                 1,086,300                 6,035       832,830      2,290        2,290        (96,189)       96,189
      Dec-06                      139            6,035        838,865       (247,435) 37.951%                 1,086,300                 6,035       838,865      2,290        2,290        (93,899)       93,899
      Jan-07                      140            6,035        844,900       (241,400) 37.951%                 1,086,300                 6,035       844,900      2,290        2,290        (91,609)       91,609
      Feb-07                      141            6,035        850,935       (235,365) 37.951%                 1,086,300                 6,035       850,935      2,290        2,290        (89,318)       89,318
      Mar-07                      142            6,035        856,970       (229,330) 37.951%                 1,086,300                 6,035       856,970      2,290        2,290        (87,028)       87,028
      Apr-07                      143            6,035        863,005       (223,295) 37.951%                 1,086,300                 6,035       863,005      2,290        2,290        (84,738)       84,738
     May-07                       144            6,035        869,040       (217,260) 37.951%                 1,086,300                 6,035       869,040      2,290        2,290        (82,447)       82,447
      Jun-07                      145            6,035        875,075       (211,225) 37.951%                 1,086,300                 6,035       875,075      2,290        2,290        (80,157)       80,157
       Jul-07                     146            6,035        881,110       (205,190) 37.951%                 1,086,300                 6,035       881,110      2,290        2,290        (77,867)       77,867
      Aug-07                      147            6,035        887,145       (199,155) 37.951%                 1,086,300                 6,035       887,145      2,290        2,290        (75,576)       75,576
      Sep-07                      148            6,035        893,180       (193,120) 37.951%                 1,086,300                 6,035       893,180      2,290        2,290        (73,286)       73,286
      Oct-07                      149            6,035        899,215       (187,085) 37.951%                 1,086,300                 6,035       899,215      2,290        2,290        (70,995)       70,995
      Nov-07                      150            6,035        905,250       (181,050) 37.951%                 1,086,300                 6,035       905,250      2,290        2,290        (68,705)       68,705
      Dec-07                      151            6,035        911,285       (175,015) 37.951%                 1,086,300                 6,035       911,285      2,290        2,290        (66,415)       66,415
      Jan-08                      152            6,035        917,320       (168,980) 37.951%                 1,086,300                 6,035       917,320      2,290        2,290        (64,124)       64,124
      Feb-08                      153            6,035        923,355       (162,945) 37.951%                 1,086,300                 6,035       923,355      2,290        2,290        (61,834)       61,834
      Mar-08                      154            6,035        929,390       (156,910) 37.951%                 1,086,300                 6,035       929,390      2,290        2,290        (59,544)       59,544
      Apr-08                      155            6,035        935,425       (150,875) 37.951%                 1,086,300                 6,035       935,425      2,290        2,290        (57,253)       57,253
     May-08                       156            6,035        941,460       (144,840) 37.951%                 1,086,300                 6,035       941,460      2,290        2,290        (54,963)       54,963
      Jun-08                      157            6,035        947,495       (138,805) 37.951%                 1,086,300                 6,035       947,495      2,290        2,290        (52,673)       52,673
       Jul-08                     158            6,035        953,530       (132,770) 37.951%                 1,086,300                 6,035       953,530      2,290        2,290        (50,382)       50,382


                                                                                                                                                Jun 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Aug-08                          159            6,035         959,565         (126,735) 37.951%                 1,086,300                   6,035         959,565       2,290         2,290        (48,092)       48,092
      Sep-08                          160            6,035         965,600         (120,700) 37.951%                 1,086,300                   6,035         965,600       2,290         2,290        (45,802)       45,802
      Oct-08                          161            6,035         971,635         (114,665) 37.951%                 1,086,300                   6,035         971,635       2,290         2,290        (43,511)       43,511
      Nov-08                          162            6,035         977,670         (108,630) 37.951%                 1,086,300                   6,035         977,670       2,290         2,290        (41,221)       41,221
      Dec-08                          163            6,035         983,705         (102,595) 37.951%                 1,086,300                   6,035         983,705       2,290         2,290        (38,931)       38,931
      Jan-09                          164            6,035         989,740          (96,560) 37.951%                 1,086,300                   6,035         989,740       2,290         2,290        (36,640)       36,640
      Feb-09                          165            6,035         995,775          (90,525) 37.951%                 1,086,300                   6,035         995,775       2,290         2,290        (34,350)       34,350
      Mar-09                          166            6,035       1,001,810          (84,490) 37.951%                 1,086,300                   6,035       1,001,810       2,290         2,290        (32,060)       32,060
      Apr-09                          167            6,035       1,007,845          (78,455) 37.951%                 1,086,300                   6,035       1,007,845       2,290         2,290        (29,769)       29,769
     May-09                           168            6,035       1,013,880          (72,420) 37.951%                 1,086,300                   6,035       1,013,880       2,290         2,290        (27,479)       27,479
      Jun-09                          169            6,035       1,019,915          (66,385) 37.951%                 1,086,300                   6,035       1,019,915       2,290         2,290        (25,189)       25,189
       Jul-09                         170            6,035       1,025,950          (60,350) 37.951%                 1,086,300                   6,035       1,025,950       2,290         2,290        (22,898)       22,898
      Aug-09                          171            6,035       1,031,985          (54,315) 37.951%                 1,086,300                   6,035       1,031,985       2,290         2,290        (20,608)       20,608
      Sep-09                          172            6,035       1,038,020          (48,280) 37.951%                 1,086,300                   6,035       1,038,020       2,290         2,290        (18,318)       18,318
      Oct-09                          173            6,035       1,044,055          (42,245) 37.951%                 1,086,300                   6,035       1,044,055       2,290         2,290        (16,027)       16,027
      Nov-09                          174            6,035       1,050,090          (36,210) 37.951%                 1,086,300                   6,035       1,050,090       2,290         2,290        (13,737)       13,737
      Dec-09                          175            6,035       1,056,125          (30,175) 37.951%                 1,086,300                   6,035       1,056,125       2,290         2,290        (11,447)       11,447
      Jan-10                          176            6,035       1,062,160          (24,140) 37.951%                 1,086,300                   6,035       1,062,160       2,290         2,290         (9,156)        9,156
      Feb-10                          177            6,035       1,068,195          (18,105) 37.951%                 1,086,300                   6,035       1,068,195       2,290         2,290         (6,866)        6,866
      Mar-10                          178            6,035       1,074,230          (12,070) 37.951%                 1,086,300                   6,035       1,074,230       2,290         2,290         (4,576)        4,576
      Apr-10                          179            6,035       1,080,265           (6,035) 37.951%                 1,086,300                   6,035       1,080,265       2,290         2,290         (2,285)        2,285
     May-10                           180            6,035       1,086,300                0 37.951%                  1,086,300                   6,035       1,086,300       2,290         2,290              5            (5)

        Totals         (1,086,300)              1,086,300                                              1,086,300                   412,251    1,086,300                    412,256            5     (36,896,230)     36,896,230

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Jun 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald and Enron
     (A)                (B)     (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)          (K)          (L)          (M)          (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)        (D)                     (K)*(G)      (M)-(J)
                                                                                                                                                                               D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated                 Monthly    Accumulated                Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain        Tax      Book Gain    Book Gain     Book Tax    Expense        Expense       Reserve         Dec-09       Dec-10      Total
       Jul-95       (2,746,523)   1           15,258           15,258     (2,731,265) 37.950% 2,746,523       2,746,523   1,042,305      15,258         15,258      5,790   (1,036,515)     (1,036,515)    1,036,515   2,654,892    2,746,523    91,631    Amortization For The Test Period
      Aug-95                      2           15,258           30,516     (2,716,007) 37.950%                 2,746,523                  15,258         30,516      5,790         5,790     (1,030,725)    1,030,725     (34,762)          13    34,775    D.I.T. Expense For the Test Period
      Sep-95                      3           15,258           45,774     (2,700,749) 37.950%                 2,746,523                  15,258         45,774      5,790         5,790     (1,024,934)    1,024,934      34,762          (13)   17,374    Average Deferred Tax Reserve Balance
      Oct-95                      4           15,258           61,032     (2,685,491) 37.950%                 2,746,523                  15,258         61,032      5,790         5,790     (1,019,144)    1,019,144
      Nov-95                      5           15,258           76,290     (2,670,233) 37.950%                 2,746,523                  15,258         76,290      5,790         5,790     (1,013,353)    1,013,353   2,746,523    2,746,523         0    Tax Gain (SCHMAT) For The Test Period
      Dec-95                      6           15,258           91,548     (2,654,975) 37.950%                 2,746,523                  15,258         91,548      5,790         5,790     (1,007,563)    1,007,563   2,654,892    2,746,523    91,631    Realized Book Gain (SCHMDT) For The Test Period
      Jan-96                      7           15,258          106,806     (2,639,717) 37.950%                 2,746,523                  15,258        106,806      5,790         5,790     (1,001,773)    1,001,773
      Feb-96                      8           15,258          122,064     (2,624,459) 37.950%                 2,746,523                  15,258        122,064      5,790         5,790       (995,982)      995,982
      Mar-96                      9           15,258          137,322     (2,609,201) 37.950%                 2,746,523                  15,258        137,322      5,790         5,790       (990,192)      990,192
      Apr-96                      10          15,258          152,580     (2,593,943) 37.950%                 2,746,523                  15,258        152,580      5,790         5,790       (984,401)      984,401
     May-96                       11          15,258          167,838     (2,578,685) 37.950%                 2,746,523                  15,258        167,838      5,790         5,790       (978,611)      978,611
      Jun-96                      12          15,258          183,096     (2,563,427) 37.950%                 2,746,523                  15,258        183,096      5,790         5,790       (972,821)      972,821
       Jul-96                     13          15,258          198,354     (2,548,169) 37.950%                 2,746,523                  15,258        198,354      5,790         5,790       (967,030)      967,030
      Aug-96                      14          15,258          213,612     (2,532,911) 37.950%                 2,746,523                  15,258        213,612      5,790         5,790       (961,240)      961,240
      Sep-96                      15          15,258          228,870     (2,517,653) 37.950%                 2,746,523                  15,258        228,870      5,790         5,790       (955,449)      955,449
      Oct-96                      16          15,258          244,128     (2,502,395) 37.950%                 2,746,523                  15,258        244,128      5,790         5,790       (949,659)      949,659
      Nov-96                      17          15,258          259,386     (2,487,137) 37.950%                 2,746,523                  15,258        259,386      5,790         5,790       (943,868)      943,868
      Dec-96                      18          15,258          274,644     (2,471,879) 37.950%                 2,746,523                  15,258        274,644      5,790         5,790       (938,078)      938,078
      Jan-97                      19          15,258          289,902     (2,456,621) 37.950%                 2,746,523                  15,258        289,902      5,790         5,790       (932,288)      932,288
      Feb-97                      20          15,258          305,160     (2,441,363) 37.950%                 2,746,523                  15,258        305,160      5,790         5,790       (926,497)      926,497
      Mar-97                      21          15,258          320,418     (2,426,105) 37.950%                 2,746,523                  15,258        320,418      5,790         5,790       (920,707)      920,707
      Apr-97                      22          15,258          335,676     (2,410,847) 37.950%                 2,746,523                  15,258        335,676      5,790         5,790       (914,916)      914,916
     May-97                       23          15,258          350,934     (2,395,589) 37.950%                 2,746,523                  15,258        350,934      5,790         5,790       (909,126)      909,126
      Jun-97                      24          15,258          366,192     (2,380,331) 37.950%                 2,746,523                  15,258        366,192      5,790         5,790       (903,336)      903,336
       Jul-97                     25          15,258          381,450     (2,365,073) 37.950%                 2,746,523                  15,258        381,450      5,790         5,790       (897,545)      897,545
      Aug-97                      26          15,258          396,708     (2,349,815) 37.950%                 2,746,523                  15,258        396,708      5,790         5,790       (891,755)      891,755
      Sep-97                      27          15,258          411,966     (2,334,557) 37.950%                 2,746,523                  15,258        411,966      5,790         5,790       (885,964)      885,964
      Oct-97                      28          15,258          427,224     (2,319,299) 37.950%                 2,746,523                  15,258        427,224      5,790         5,790       (880,174)      880,174
      Nov-97                      29          15,258          442,482     (2,304,041) 37.950%                 2,746,523                  15,258        442,482      5,790         5,790       (874,384)      874,384
      Dec-97                      30          15,258          457,740     (2,288,783) 37.950%                 2,746,523                  15,258        457,740      5,790         5,790       (868,593)      868,593
      Jan-98                      31          15,258          472,998     (2,273,525) 37.950%                 2,746,523                  15,258        472,998      5,790         5,790       (862,803)      862,803
      Feb-98                      32          15,258          488,256     (2,258,267) 37.950%                 2,746,523                  15,258        488,256      5,790         5,790       (857,012)      857,012
      Mar-98                      33          15,258          503,514     (2,243,009) 37.950%                 2,746,523                  15,258        503,514      5,790         5,790       (851,222)      851,222
      Apr-98                      34          15,258          518,772     (2,227,751) 37.950%                 2,746,523                  15,258        518,772      5,790         5,790       (845,432)      845,432
     May-98                       35          15,258          534,030     (2,212,493) 37.950%                 2,746,523                  15,258        534,030      5,790         5,790       (839,641)      839,641
      Jun-98                      36          15,258          549,288     (2,197,235) 37.950%                 2,746,523                  15,258        549,288      5,790         5,790       (833,851)      833,851
       Jul-98                     37          15,258          564,546     (2,181,977) 37.950%                 2,746,523                  15,258        564,546      5,790         5,790       (828,060)      828,060
      Aug-98                      38          15,258          579,804     (2,166,719) 37.950%                 2,746,523                  15,258        579,804      5,790         5,790       (822,270)      822,270
      Sep-98                      39          15,258          595,062     (2,151,461) 37.950%                 2,746,523                  15,258        595,062      5,790         5,790       (816,479)      816,479
      Oct-98                      40          15,258          610,320     (2,136,203) 37.950%                 2,746,523                  15,258        610,320      5,790         5,790       (810,689)      810,689
      Nov-98                      41          15,258          625,578     (2,120,945) 37.950%                 2,746,523                  15,258        625,578      5,790         5,790       (804,899)      804,899
      Dec-98                      42          15,258          640,836     (2,105,687) 37.950%                 2,746,523                  15,258        640,836      5,790         5,790       (799,108)      799,108
      Jan-99                      43          15,258          656,094     (2,090,429) 37.950%                 2,746,523                  15,258        656,094      5,790         5,790       (793,318)      793,318
      Feb-99                      44          15,258          671,352     (2,075,171) 37.950%                 2,746,523                  15,258        671,352      5,790         5,790       (787,527)      787,527
      Mar-99                      45          15,258          686,610     (2,059,913) 37.950%                 2,746,523                  15,258        686,610      5,790         5,790       (781,737)      781,737
      Apr-99                      46          15,258          701,868     (2,044,655) 37.950%                 2,746,523                  15,258        701,868      5,790         5,790       (775,947)      775,947
     May-99                       47          15,258          717,126     (2,029,397) 37.950%                 2,746,523                  15,258        717,126      5,790         5,790       (770,156)      770,156
      Jun-99                      48          15,258          732,384     (2,014,139) 37.950%                 2,746,523                  15,258        732,384      5,790         5,790       (764,366)      764,366
       Jul-99                     49          15,258          747,642     (1,998,881) 37.950%                 2,746,523                  15,258        747,642      5,790         5,790       (758,575)      758,575
      Aug-99                      50          15,258          762,900     (1,983,623) 37.950%                 2,746,523                  15,258        762,900      5,790         5,790       (752,785)      752,785
      Sep-99                      51          15,258          778,158     (1,968,365) 37.950%                 2,746,523                  15,258        778,158      5,790         5,790       (746,995)      746,995
      Oct-99                      52          15,258          793,416     (1,953,107) 37.950%                 2,746,523                  15,258        793,416      5,790         5,790       (741,204)      741,204
      Nov-99                      53          15,258          808,674     (1,937,849) 37.950%                 2,746,523                  15,258        808,674      5,790         5,790       (735,414)      735,414
      Dec-99                      54          15,258          823,932     (1,922,591) 37.950%                 2,746,523                  15,258        823,932      5,790         5,790       (729,623)      729,623
      Jan-00                      55          15,258          839,190     (1,907,333) 37.950%                 2,746,523                  15,258        839,190      5,790         5,790       (723,833)      723,833
      Feb-00                      56          15,258          854,448     (1,892,075) 37.950%                 2,746,523                  15,258        854,448      5,790         5,790       (718,042)      718,042
      Mar-00                      57          15,258          869,706     (1,876,817) 37.950%                 2,746,523                  15,258        869,706      5,790         5,790       (712,252)      712,252
      Apr-00                      58          15,258          884,964     (1,861,559) 37.950%                 2,746,523                  15,258        884,964      5,790         5,790       (706,462)      706,462
     May-00                       59          15,258          900,222     (1,846,301) 37.950%                 2,746,523                  15,258        900,222      5,790         5,790       (700,671)      700,671
      Jun-00                      60          15,258          915,480     (1,831,043) 37.950%                 2,746,523                  15,258        915,480      5,790         5,790       (694,881)      694,881
       Jul-00                     61          15,258          930,738     (1,815,785) 37.950%                 2,746,523                  15,258        930,738      5,790         5,790       (689,090)      689,090
      Aug-00                      62          15,258          945,996     (1,800,527) 37.950%                 2,746,523                  15,258        945,996      5,790         5,790       (683,300)      683,300
      Sep-00                      63          15,258          961,254     (1,785,269) 37.950%                 2,746,523                  15,258        961,254      5,790         5,790       (677,510)      677,510
      Oct-00                      64          15,258          976,512     (1,770,011) 37.950%                 2,746,523                  15,258        976,512      5,790         5,790       (671,719)      671,719
      Nov-00                      65          15,258          991,770     (1,754,753) 37.950%                 2,746,523                  15,258        991,770      5,790         5,790       (665,929)      665,929
      Dec-00                      66          15,258        1,007,028     (1,739,495) 37.950%                 2,746,523                  15,258      1,007,028      5,790         5,790       (660,138)      660,138
      Jan-01                      67          15,258        1,022,286     (1,724,237) 37.950%                 2,746,523                  15,258      1,022,286      5,790         5,790       (654,348)      654,348
      Feb-01                      68          15,258        1,037,544     (1,708,979) 37.950%                 2,746,523                  15,258      1,037,544      5,790         5,790       (648,558)      648,558
      Mar-01                      69          15,258        1,052,802     (1,693,721) 37.950%                 2,746,523                  15,258      1,052,802      5,790         5,790       (642,767)      642,767
      Apr-01                      70          15,258        1,068,060     (1,678,463) 37.950%                 2,746,523                  15,258      1,068,060      5,790         5,790       (636,977)      636,977
     May-01                       71          15,258        1,083,318     (1,663,205) 37.950%                 2,746,523                  15,258      1,083,318      5,790         5,790       (631,186)      631,186
      Jun-01                      72          15,258        1,098,576     (1,647,947) 37.950%                 2,746,523                  15,258      1,098,576      5,790         5,790       (625,396)      625,396
       Jul-01                     73          15,258        1,113,834     (1,632,689) 37.950%                 2,746,523                  15,258      1,113,834      5,790         5,790       (619,605)      619,605
      Aug-01                      74          15,258        1,129,092     (1,617,431) 37.950%                 2,746,523                  15,258      1,129,092      5,790         5,790       (613,815)      613,815
      Sep-01                      75          15,258        1,144,350     (1,602,173) 37.950%                 2,746,523                  15,258      1,144,350      5,790         5,790       (608,025)      608,025
      Oct-01                      76          15,258        1,159,608     (1,586,915) 37.950%                 2,746,523                  15,258      1,159,608      5,790         5,790       (602,234)      602,234
      Nov-01                      77          15,258        1,174,866     (1,571,657) 37.950%                 2,746,523                  15,258      1,174,866      5,790         5,790       (596,444)      596,444
      Dec-01                      78          15,258        1,190,124     (1,556,399) 37.950%                 2,746,523                  15,258      1,190,124      5,790         5,790       (590,653)      590,653
      Jan-02                      79          15,258        1,205,382     (1,541,141) 37.950%                 2,746,523                  15,258      1,205,382      5,790         5,790       (584,863)      584,863


                                                                                                                                                   Jul 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald and Enron
     (A)                (B)     (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Feb-02                       80          15,258        1,220,640     (1,525,883) 37.950%                 2,746,523                15,258      1,220,640      5,790        5,790       (579,073)      579,073
      Mar-02                       81          15,258        1,235,898     (1,510,625) 37.950%                 2,746,523                15,258      1,235,898      5,790        5,790       (573,282)      573,282
      Apr-02                       82          15,258        1,251,156     (1,495,367) 37.950%                 2,746,523                15,258      1,251,156      5,790        5,790       (567,492)      567,492
     May-02                        83          15,258        1,266,414     (1,480,109) 37.950%                 2,746,523                15,258      1,266,414      5,790        5,790       (561,701)      561,701
      Jun-02                       84          15,258        1,281,672     (1,464,851) 37.950%                 2,746,523                15,258      1,281,672      5,790        5,790       (555,911)      555,911
       Jul-02                      85          15,258        1,296,930     (1,449,593) 37.950%                 2,746,523                15,258      1,296,930      5,790        5,790       (550,121)      550,121
      Aug-02                       86          15,258        1,312,188     (1,434,335) 37.950%                 2,746,523                15,258      1,312,188      5,790        5,790       (544,330)      544,330
      Sep-02                       87          15,258        1,327,446     (1,419,077) 37.950%                 2,746,523                15,258      1,327,446      5,790        5,790       (538,540)      538,540
      Oct-02                       88          15,258        1,342,704     (1,403,819) 37.950%                 2,746,523                15,258      1,342,704      5,790        5,790       (532,749)      532,749
      Nov-02                       89          15,258        1,357,962     (1,388,561) 37.950%                 2,746,523                15,258      1,357,962      5,790        5,790       (526,959)      526,959
      Dec-02                       90          15,258        1,373,220     (1,373,303) 37.950%                 2,746,523                15,258      1,373,220      5,790        5,790       (521,168)      521,168
      Jan-03                       91          15,258        1,388,478     (1,358,045) 37.950%                 2,746,523                15,258      1,388,478      5,790        5,790       (515,378)      515,378
      Feb-03                       92          15,258        1,403,736     (1,342,787) 37.950%                 2,746,523                15,258      1,403,736      5,790        5,790       (509,588)      509,588
      Mar-03                       93          15,258        1,418,994     (1,327,529) 37.950%                 2,746,523                15,258      1,418,994      5,790        5,790       (503,797)      503,797
      Apr-03                       94          15,258        1,434,252     (1,312,271) 37.950%                 2,746,523                15,258      1,434,252      5,790        5,790       (498,007)      498,007
     May-03                        95          15,258        1,449,510     (1,297,013) 37.951%                 2,746,523                15,258      1,449,510      5,791        5,791       (492,216)      492,216
      Jun-03                       96          15,258        1,464,768     (1,281,755) 37.951%                 2,746,523                15,258      1,464,768      5,791        5,791       (486,426)      486,426
       Jul-03                      97          15,258        1,480,026     (1,266,497) 37.951%                 2,746,523                15,258      1,480,026      5,791        5,791       (480,635)      480,635
      Aug-03                       98          15,258        1,495,284     (1,251,239) 37.951%                 2,746,523                15,258      1,495,284      5,791        5,791       (474,845)      474,845
      Sep-03                       99          15,258        1,510,542     (1,235,981) 37.951%                 2,746,523                15,258      1,510,542      5,791        5,791       (469,054)      469,054
      Oct-03                      100          15,258        1,525,800     (1,220,723) 37.951%                 2,746,523                15,258      1,525,800      5,791        5,791       (463,263)      463,263
      Nov-03                      101          15,258        1,541,058     (1,205,465) 37.951%                 2,746,523                15,258      1,541,058      5,791        5,791       (457,473)      457,473
      Dec-03                      102          15,258        1,556,316     (1,190,207) 37.951%                 2,746,523                15,258      1,556,316      5,791        5,791       (451,682)      451,682
      Jan-04                      103          15,258        1,571,574     (1,174,949) 37.951%                 2,746,523                15,258      1,571,574      5,791        5,791       (445,892)      445,892
      Feb-04                      104          15,258        1,586,832     (1,159,691) 37.951%                 2,746,523                15,258      1,586,832      5,791        5,791       (440,101)      440,101
      Mar-04                      105          15,258        1,602,090     (1,144,433) 37.951%                 2,746,523                15,258      1,602,090      5,791        5,791       (434,311)      434,311
      Apr-04                      106          15,258        1,617,348     (1,129,175) 37.951%                 2,746,523                15,258      1,617,348      5,791        5,791       (428,520)      428,520
     May-04                       107          15,258        1,632,606     (1,113,917) 37.951%                 2,746,523                15,258      1,632,606      5,791        5,791       (422,730)      422,730
      Jun-04                      108          15,258        1,647,864     (1,098,659) 37.951%                 2,746,523                15,258      1,647,864      5,791        5,791       (416,939)      416,939
       Jul-04                     109          15,258        1,663,122     (1,083,401) 37.951%                 2,746,523                15,258      1,663,122      5,791        5,791       (411,148)      411,148
      Aug-04                      110          15,258        1,678,380     (1,068,143) 37.951%                 2,746,523                15,258      1,678,380      5,791        5,791       (405,358)      405,358
      Sep-04                      111          15,258        1,693,638     (1,052,885) 37.951%                 2,746,523                15,258      1,693,638      5,791        5,791       (399,567)      399,567
      Oct-04                      112          15,258        1,708,896     (1,037,627) 37.951%                 2,746,523                15,258      1,708,896      5,791        5,791       (393,777)      393,777
      Nov-04                      113          15,258        1,724,154     (1,022,369) 37.951%                 2,746,523                15,258      1,724,154      5,791        5,791       (387,986)      387,986
      Dec-04                      114          15,258        1,739,412     (1,007,111) 37.951%                 2,746,523                15,258      1,739,412      5,791        5,791       (382,196)      382,196
      Jan-05                      115          15,258        1,754,670       (991,853) 37.951%                 2,746,523                15,258      1,754,670      5,791        5,791       (376,405)      376,405
      Feb-05                      116          15,258        1,769,928       (976,595) 37.951%                 2,746,523                15,258      1,769,928      5,791        5,791       (370,614)      370,614
      Mar-05                      117          15,258        1,785,186       (961,337) 37.951%                 2,746,523                15,258      1,785,186      5,791        5,791       (364,824)      364,824
      Apr-05                      118          15,258        1,800,444       (946,079) 37.951%                 2,746,523                15,258      1,800,444      5,791        5,791       (359,033)      359,033
     May-05                       119          15,258        1,815,702       (930,821) 37.951%                 2,746,523                15,258      1,815,702      5,791        5,791       (353,243)      353,243
      Jun-05                      120          15,258        1,830,960       (915,563) 37.951%                 2,746,523                15,258      1,830,960      5,791        5,791       (347,452)      347,452
       Jul-05                     121          15,258        1,846,218       (900,305) 37.951%                 2,746,523                15,258      1,846,218      5,791        5,791       (341,662)      341,662
      Aug-05                      122          15,258        1,861,476       (885,047) 37.951%                 2,746,523                15,258      1,861,476      5,791        5,791       (335,871)      335,871
      Sep-05                      123          15,258        1,876,734       (869,789) 37.951%                 2,746,523                15,258      1,876,734      5,791        5,791       (330,081)      330,081
      Oct-05                      124          15,258        1,891,992       (854,531) 37.951%                 2,746,523                15,258      1,891,992      5,791        5,791       (324,290)      324,290
      Nov-05                      125          15,258        1,907,250       (839,273) 37.951%                 2,746,523                15,258      1,907,250      5,791        5,791       (318,499)      318,499
      Dec-05                      126          15,258        1,922,508       (824,015) 37.951%                 2,746,523                15,258      1,922,508      5,791        5,791       (312,709)      312,709
      Jan-06                      127          15,258        1,937,766       (808,757) 37.951%                 2,746,523                15,258      1,937,766      5,791        5,791       (306,918)      306,918
      Feb-06                      128          15,258        1,953,024       (793,499) 37.951%                 2,746,523                15,258      1,953,024      5,791        5,791       (301,128)      301,128
      Mar-06                      129          15,258        1,968,282       (778,241) 37.951%                 2,746,523                15,258      1,968,282      5,791        5,791       (295,337)      295,337
      Apr-06                      130          15,258        1,983,540       (762,983) 37.951%                 2,746,523                15,258      1,983,540      5,791        5,791       (289,547)      289,547
     May-06                       131          15,258        1,998,798       (747,725) 37.951%                 2,746,523                15,258      1,998,798      5,791        5,791       (283,756)      283,756
      Jun-06                      132          15,258        2,014,056       (732,467) 37.951%                 2,746,523                15,258      2,014,056      5,791        5,791       (277,965)      277,965
       Jul-06                     133          15,258        2,029,314       (717,209) 37.951%                 2,746,523                15,258      2,029,314      5,791        5,791       (272,175)      272,175
      Aug-06                      134          15,258        2,044,572       (701,951) 37.951%                 2,746,523                15,258      2,044,572      5,791        5,791       (266,384)      266,384
      Sep-06                      135          15,258        2,059,830       (686,693) 37.951%                 2,746,523                15,258      2,059,830      5,791        5,791       (260,594)      260,594
      Oct-06                      136          15,258        2,075,088       (671,435) 37.951%                 2,746,523                15,258      2,075,088      5,791        5,791       (254,803)      254,803
      Nov-06                      137          15,258        2,090,346       (656,177) 37.951%                 2,746,523                15,258      2,090,346      5,791        5,791       (249,013)      249,013
      Dec-06                      138          15,258        2,105,604       (640,919) 37.951%                 2,746,523                15,258      2,105,604      5,791        5,791       (243,222)      243,222
      Jan-07                      139          15,258        2,120,862       (625,661) 37.951%                 2,746,523                15,258      2,120,862      5,791        5,791       (237,431)      237,431
      Feb-07                      140          15,258        2,136,120       (610,403) 37.951%                 2,746,523                15,258      2,136,120      5,791        5,791       (231,641)      231,641
      Mar-07                      141          15,258        2,151,378       (595,145) 37.951%                 2,746,523                15,258      2,151,378      5,791        5,791       (225,850)      225,850
      Apr-07                      142          15,258        2,166,636       (579,887) 37.951%                 2,746,523                15,258      2,166,636      5,791        5,791       (220,060)      220,060
     May-07                       143          15,258        2,181,894       (564,629) 37.951%                 2,746,523                15,258      2,181,894      5,791        5,791       (214,269)      214,269
      Jun-07                      144          15,258        2,197,152       (549,371) 37.951%                 2,746,523                15,258      2,197,152      5,791        5,791       (208,479)      208,479
       Jul-07                     145          15,258        2,212,410       (534,113) 37.951%                 2,746,523                15,258      2,212,410      5,791        5,791       (202,688)      202,688
      Aug-07                      146          15,258        2,227,668       (518,855) 37.951%                 2,746,523                15,258      2,227,668      5,791        5,791       (196,898)      196,898
      Sep-07                      147          15,258        2,242,926       (503,597) 37.951%                 2,746,523                15,258      2,242,926      5,791        5,791       (191,107)      191,107
      Oct-07                      148          15,258        2,258,184       (488,339) 37.951%                 2,746,523                15,258      2,258,184      5,791        5,791       (185,316)      185,316
      Nov-07                      149          15,258        2,273,442       (473,081) 37.951%                 2,746,523                15,258      2,273,442      5,791        5,791       (179,526)      179,526
      Dec-07                      150          15,258        2,288,700       (457,823) 37.951%                 2,746,523                15,258      2,288,700      5,791        5,791       (173,735)      173,735
      Jan-08                      151          15,258        2,303,958       (442,565) 37.951%                 2,746,523                15,258      2,303,958      5,791        5,791       (167,945)      167,945
      Feb-08                      152          15,258        2,319,216       (427,307) 37.951%                 2,746,523                15,258      2,319,216      5,791        5,791       (162,154)      162,154
      Mar-08                      153          15,258        2,334,474       (412,049) 37.951%                 2,746,523                15,258      2,334,474      5,791        5,791       (156,364)      156,364
      Apr-08                      154          15,258        2,349,732       (396,791) 37.951%                 2,746,523                15,258      2,349,732      5,791        5,791       (150,573)      150,573
     May-08                       155          15,258        2,364,990       (381,533) 37.951%                 2,746,523                15,258      2,364,990      5,791        5,791       (144,782)      144,782
      Jun-08                      156          15,258        2,380,248       (366,275) 37.951%                 2,746,523                15,258      2,380,248      5,791        5,791       (138,992)      138,992
       Jul-08                     157          15,258        2,395,506       (351,017) 37.951%                 2,746,523                15,258      2,395,506      5,791        5,791       (133,201)      133,201
      Aug-08                      158          15,258        2,410,764       (335,759) 37.951%                 2,746,523                15,258      2,410,764      5,791        5,791       (127,411)      127,411


                                                                                                                                                  Jul 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald and Enron
     (A)                (B)     (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)             (K)        (L)           (M)           (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)           (D)                    (K)*(G)       (M)-(J)
                                                                                                                                                                                          D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                  Monthly     Accumulated                  Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax    Book Gain     Book Gain      Book Tax     Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Sep-08                          159          15,258        2,426,022         (320,501) 37.951%                 2,746,523                   15,258       2,426,022       5,791          5,791       (121,620)      121,620
      Oct-08                          160          15,258        2,441,280         (305,243) 37.951%                 2,746,523                   15,258       2,441,280       5,791          5,791       (115,830)      115,830
      Nov-08                          161          15,258        2,456,538         (289,985) 37.951%                 2,746,523                   15,258       2,456,538       5,791          5,791       (110,039)      110,039
      Dec-08                          162          15,258        2,471,796         (274,727) 37.951%                 2,746,523                   15,258       2,471,796       5,791          5,791       (104,249)      104,249
      Jan-09                          163          15,258        2,487,054         (259,469) 37.951%                 2,746,523                   15,258       2,487,054       5,791          5,791        (98,458)       98,458
      Feb-09                          164          15,258        2,502,312         (244,211) 37.951%                 2,746,523                   15,258       2,502,312       5,791          5,791        (92,667)       92,667
      Mar-09                          165          15,258        2,517,570         (228,953) 37.951%                 2,746,523                   15,258       2,517,570       5,791          5,791        (86,877)       86,877
      Apr-09                          166          15,258        2,532,828         (213,695) 37.951%                 2,746,523                   15,258       2,532,828       5,791          5,791        (81,086)       81,086
     May-09                           167          15,258        2,548,086         (198,437) 37.951%                 2,746,523                   15,258       2,548,086       5,791          5,791        (75,296)       75,296
      Jun-09                          168          15,258        2,563,344         (183,179) 37.951%                 2,746,523                   15,258       2,563,344       5,791          5,791        (69,505)       69,505
       Jul-09                         169          15,258        2,578,602         (167,921) 37.951%                 2,746,523                   15,258       2,578,602       5,791          5,791        (63,715)       63,715
      Aug-09                          170          15,258        2,593,860         (152,663) 37.951%                 2,746,523                   15,258       2,593,860       5,791          5,791        (57,924)       57,924
      Sep-09                          171          15,258        2,609,118         (137,405) 37.951%                 2,746,523                   15,258       2,609,118       5,791          5,791        (52,133)       52,133
      Oct-09                          172          15,258        2,624,376         (122,147) 37.951%                 2,746,523                   15,258       2,624,376       5,791          5,791        (46,343)       46,343
      Nov-09                          173          15,258        2,639,634         (106,889) 37.951%                 2,746,523                   15,258       2,639,634       5,791          5,791        (40,552)       40,552
      Dec-09                          174          15,258        2,654,892          (91,631) 37.951%                 2,746,523                   15,258       2,654,892       5,791          5,791        (34,762)       34,762
      Jan-10                          175          15,258        2,670,150          (76,373) 37.951%                 2,746,523                   15,258       2,670,150       5,791          5,791        (28,971)       28,971
      Feb-10                          176          15,258        2,685,408          (61,115) 37.951%                 2,746,523                   15,258       2,685,408       5,791          5,791        (23,181)       23,181
      Mar-10                          177          15,258        2,700,666          (45,857) 37.951%                 2,746,523                   15,258       2,700,666       5,791          5,791        (17,390)       17,390
      Apr-10                          178          15,258        2,715,924          (30,599) 37.951%                 2,746,523                   15,258       2,715,924       5,791          5,791        (11,600)       11,600
     May-10                           179          15,258        2,731,182          (15,341) 37.951%                 2,746,523                   15,258       2,731,182       5,791          5,791         (5,809)        5,809
      Jun-10                          180          15,341        2,746,523                0 37.951%                  2,746,523                   15,341       2,746,523       5,822          5,822             13           (13)

        Totals         (2,746,523)              2,746,523                                              2,746,523                  1,042,305    2,746,523                   1,042,319           13     (93,288,589)     93,288,589

END              END                 END      END                            END             END      END                        END          END                         END          END                           END              END      END    END END




                                                                                                                                                            Jul 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      Sep-95            (3,674)   1                20              20         (3,654)   37.950%         3,674        3,674     1,394          20             20          8       (1,387)         (1,387)        1,387   3,440    3,674    234     Amortization For The Test Period
      Oct-95                      2                20              40         (3,634)   37.950%                      3,674                    20             40          8            8          (1,379)        1,379     (89)       0     89     D.I.T. Expense For the Test Period
      Nov-95                      3                20              60         (3,614)   37.950%                      3,674                    20             60          8            8          (1,372)        1,372      89       (0)    44     Average Deferred Tax Reserve Balance
      Dec-95                      4                20              80         (3,594)   37.950%                      3,674                    20             80          8            8          (1,364)        1,364
      Jan-96                      5                20             100         (3,574)   37.950%                      3,674                    20            100          8            8          (1,356)        1,356   3,674    3,674      0     Tax Gain (SCHMAT) For The Test Period
      Feb-96                      6                20             120         (3,554)   37.950%                      3,674                    20            120          8            8          (1,349)        1,349   3,440    3,674    234     Realized Book Gain (SCHMDT) For The Test Period
      Mar-96                      7                20             140         (3,534)   37.950%                      3,674                    20            140          8            8          (1,341)        1,341
      Apr-96                      8                20             160         (3,514)   37.950%                      3,674                    20            160          8            8          (1,334)        1,334
      May-96                      9                20             180         (3,494)   37.950%                      3,674                    20            180          8            8          (1,326)        1,326
      Jun-96                      10               20             200         (3,474)   37.950%                      3,674                    20            200          8            8          (1,318)        1,318
       Jul-96                     11               20             220         (3,454)   37.950%                      3,674                    20            220          8            8          (1,311)        1,311
      Aug-96                      12               20             240         (3,434)   37.950%                      3,674                    20            240          8            8          (1,303)        1,303
      Sep-96                      13               20             260         (3,414)   37.950%                      3,674                    20            260          8            8          (1,296)        1,296
      Oct-96                      14               20             280         (3,394)   37.950%                      3,674                    20            280          8            8          (1,288)        1,288
      Nov-96                      15               20             300         (3,374)   37.950%                      3,674                    20            300          8            8          (1,280)        1,280
      Dec-96                      16               20             320         (3,354)   37.950%                      3,674                    20            320          8            8          (1,273)        1,273
      Jan-97                      17               20             340         (3,334)   37.950%                      3,674                    20            340          8            8          (1,265)        1,265
      Feb-97                      18               20             360         (3,314)   37.950%                      3,674                    20            360          8            8          (1,258)        1,258
      Mar-97                      19               20             380         (3,294)   37.950%                      3,674                    20            380          8            8          (1,250)        1,250
      Apr-97                      20               20             400         (3,274)   37.950%                      3,674                    20            400          8            8          (1,242)        1,242
      May-97                      21               20             420         (3,254)   37.950%                      3,674                    20            420          8            8          (1,235)        1,235
      Jun-97                      22               20             440         (3,234)   37.950%                      3,674                    20            440          8            8          (1,227)        1,227
       Jul-97                     23               20             460         (3,214)   37.950%                      3,674                    20            460          8            8          (1,220)        1,220
      Aug-97                      24               20             480         (3,194)   37.950%                      3,674                    20            480          8            8          (1,212)        1,212
      Sep-97                      25               20             500         (3,174)   37.950%                      3,674                    20            500          8            8          (1,205)        1,205
      Oct-97                      26               20             520         (3,154)   37.950%                      3,674                    20            520          8            8          (1,197)        1,197
      Nov-97                      27               20             540         (3,134)   37.950%                      3,674                    20            540          8            8          (1,189)        1,189
      Dec-97                      28               20             560         (3,114)   37.950%                      3,674                    20            560          8            8          (1,182)        1,182
      Jan-98                      29               20             580         (3,094)   37.950%                      3,674                    20            580          8            8          (1,174)        1,174
      Feb-98                      30               20             600         (3,074)   37.950%                      3,674                    20            600          8            8          (1,167)        1,167
      Mar-98                      31               20             620         (3,054)   37.950%                      3,674                    20            620          8            8          (1,159)        1,159
      Apr-98                      32               20             640         (3,034)   37.950%                      3,674                    20            640          8            8          (1,151)        1,151
      May-98                      33               20             660         (3,014)   37.950%                      3,674                    20            660          8            8          (1,144)        1,144
      Jun-98                      34               20             680         (2,994)   37.950%                      3,674                    20            680          8            8          (1,136)        1,136
       Jul-98                     35               20             700         (2,974)   37.950%                      3,674                    20            700          8            8          (1,129)        1,129
      Aug-98                      36               20             720         (2,954)   37.950%                      3,674                    20            720          8            8          (1,121)        1,121
      Sep-98                      37               20             740         (2,934)   37.950%                      3,674                    20            740          8            8          (1,113)        1,113
      Oct-98                      38               20             760         (2,914)   37.950%                      3,674                    20            760          8            8          (1,106)        1,106
      Nov-98                      39               20             780         (2,894)   37.950%                      3,674                    20            780          8            8          (1,098)        1,098
      Dec-98                      40               20             800         (2,874)   37.950%                      3,674                    20            800          8            8          (1,091)        1,091
      Jan-99                      41               20             820         (2,854)   37.950%                      3,674                    20            820          8            8          (1,083)        1,083
      Feb-99                      42               20             840         (2,834)   37.950%                      3,674                    20            840          8            8          (1,076)        1,076
      Mar-99                      43               20             860         (2,814)   37.950%                      3,674                    20            860          8            8          (1,068)        1,068
      Apr-99                      44               20             880         (2,794)   37.950%                      3,674                    20            880          8            8          (1,060)        1,060
      May-99                      45               20             900         (2,774)   37.950%                      3,674                    20            900          8            8          (1,053)        1,053
      Jun-99                      46               20             920         (2,754)   37.950%                      3,674                    20            920          8            8          (1,045)        1,045
       Jul-99                     47               20             940         (2,734)   37.950%                      3,674                    20            940          8            8          (1,038)        1,038
      Aug-99                      48               20             960         (2,714)   37.950%                      3,674                    20            960          8            8          (1,030)        1,030
      Sep-99                      49               20             980         (2,694)   37.950%                      3,674                    20            980          8            8          (1,022)        1,022
      Oct-99                      50               20           1,000         (2,674)   37.950%                      3,674                    20          1,000          8            8          (1,015)        1,015
      Nov-99                      51               20           1,020         (2,654)   37.950%                      3,674                    20          1,020          8            8          (1,007)        1,007
      Dec-99                      52               20           1,040         (2,634)   37.950%                      3,674                    20          1,040          8            8          (1,000)        1,000
      Jan-00                      53               20           1,060         (2,614)   37.950%                      3,674                    20          1,060          8            8            (992)          992
      Feb-00                      54               20           1,080         (2,594)   37.950%                      3,674                    20          1,080          8            8            (984)          984
      Mar-00                      55               20           1,100         (2,574)   37.950%                      3,674                    20          1,100          8            8            (977)          977
      Apr-00                      56               20           1,120         (2,554)   37.950%                      3,674                    20          1,120          8            8            (969)          969
      May-00                      57               20           1,140         (2,534)   37.950%                      3,674                    20          1,140          8            8            (962)          962
      Jun-00                      58               20           1,160         (2,514)   37.950%                      3,674                    20          1,160          8            8            (954)          954
       Jul-00                     59               20           1,180         (2,494)   37.950%                      3,674                    20          1,180          8            8            (946)          946
      Aug-00                      60               20           1,200         (2,474)   37.950%                      3,674                    20          1,200          8            8            (939)          939
      Sep-00                      61               20           1,220         (2,454)   37.950%                      3,674                    20          1,220          8            8            (931)          931
      Oct-00                      62               20           1,240         (2,434)   37.950%                      3,674                    20          1,240          8            8            (924)          924
      Nov-00                      63               20           1,260         (2,414)   37.950%                      3,674                    20          1,260          8            8            (916)          916
      Dec-00                      64               20           1,280         (2,394)   37.950%                      3,674                    20          1,280          8            8            (909)          909
      Jan-01                      65               20           1,300         (2,374)   37.950%                      3,674                    20          1,300          8            8            (901)          901
      Feb-01                      66               20           1,320         (2,354)   37.950%                      3,674                    20          1,320          8            8            (893)          893
      Mar-01                      67               20           1,340         (2,334)   37.950%                      3,674                    20          1,340          8            8            (886)          886
      Apr-01                      68               20           1,360         (2,314)   37.950%                      3,674                    20          1,360          8            8            (878)          878
      May-01                      69               20           1,380         (2,294)   37.950%                      3,674                    20          1,380          8            8            (871)          871
      Jun-01                      70               20           1,400         (2,274)   37.950%                      3,674                    20          1,400          8            8            (863)          863
       Jul-01                     71               20           1,420         (2,254)   37.950%                      3,674                    20          1,420          8            8            (855)          855
      Aug-01                      72               20           1,440         (2,234)   37.950%                      3,674                    20          1,440          8            8            (848)          848
      Sep-01                      73               20           1,460         (2,214)   37.950%                      3,674                    20          1,460          8            8            (840)          840
      Oct-01                      74               20           1,480         (2,194)   37.950%                      3,674                    20          1,480          8            8            (833)          833
      Nov-01                      75               20           1,500         (2,174)   37.950%                      3,674                    20          1,500          8            8            (825)          825
      Dec-01                      76               20           1,520         (2,154)   37.950%                      3,674                    20          1,520          8            8            (817)          817
      Jan-02                      77               20           1,540         (2,134)   37.950%                      3,674                    20          1,540          8            8            (810)          810


                                                                                                                                                   Sep 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)             (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                                D.I.T.          D.I.T.
                                            Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly        Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense          Expense       Reserve      Dec-09   Dec-10   Total
      Feb-02                       78               20           1,560         (2,114)   37.950%                      3,674                    20          1,560          8              8           (802)          802
      Mar-02                       79               20           1,580         (2,094)   37.950%                      3,674                    20          1,580          8              8           (795)          795
      Apr-02                       80               20           1,600         (2,074)   37.950%                      3,674                    20          1,600          8              8           (787)          787
      May-02                       81               20           1,620         (2,054)   37.950%                      3,674                    20          1,620          8              8           (779)          779
      Jun-02                       82               20           1,640         (2,034)   37.950%                      3,674                    20          1,640          8              8           (772)          772
       Jul-02                      83               20           1,660         (2,014)   37.950%                      3,674                    20          1,660          8              8           (764)          764
      Aug-02                       84               20           1,680         (1,994)   37.950%                      3,674                    20          1,680          8              8           (757)          757
      Sep-02                       85               20           1,700         (1,974)   37.950%                      3,674                    20          1,700          8              8           (749)          749
      Oct-02                       86               20           1,720         (1,954)   37.950%                      3,674                    20          1,720          8              8           (742)          742
      Nov-02                       87               20           1,740         (1,934)   37.950%                      3,674                    20          1,740          8              8           (734)          734
      Dec-02                       88               20           1,760         (1,914)   37.950%                      3,674                    20          1,760          8              8           (726)          726
      Jan-03                       89               20           1,780         (1,894)   37.950%                      3,674                    20          1,780          8              8           (719)          719
      Feb-03                       90               20           1,800         (1,874)   37.950%                      3,674                    20          1,800          8              8           (711)          711
      Mar-03                       91               20           1,820         (1,854)   37.950%                      3,674                    20          1,820          8              8           (704)          704
      Apr-03                       92               20           1,840         (1,834)   37.950%                      3,674                    20          1,840          8              8           (696)          696
      May-03                       93               20           1,860         (1,814)   37.951%                      3,674                    20          1,860          8              8           (688)          688
      Jun-03                       94               20           1,880         (1,794)   37.951%                      3,674                    20          1,880          8              8           (681)          681
       Jul-03                      95               20           1,900         (1,774)   37.951%                      3,674                    20          1,900          8              8           (673)          673
      Aug-03                       96               20           1,920         (1,754)   37.951%                      3,674                    20          1,920          8              8           (666)          666
      Sep-03                       97               20           1,940         (1,734)   37.951%                      3,674                    20          1,940          8              8           (658)          658
      Oct-03                       98               20           1,960         (1,714)   37.951%                      3,674                    20          1,960          8              8           (650)          650
      Nov-03                       99               20           1,980         (1,694)   37.951%                      3,674                    20          1,980          8              8           (643)          643
      Dec-03                      100               20           2,000         (1,674)   37.951%                      3,674                    20          2,000          8              8           (635)          635
      Jan-04                      101               20           2,020         (1,654)   37.951%                      3,674                    20          2,020          8              8           (628)          628
      Feb-04                      102               20           2,040         (1,634)   37.951%                      3,674                    20          2,040          8              8           (620)          620
      Mar-04                      103               20           2,060         (1,614)   37.951%                      3,674                    20          2,060          8              8           (613)          613
      Apr-04                      104               20           2,080         (1,594)   37.951%                      3,674                    20          2,080          8              8           (605)          605
      May-04                      105               20           2,100         (1,574)   37.951%                      3,674                    20          2,100          8              8           (597)          597
      Jun-04                      106               20           2,120         (1,554)   37.951%                      3,674                    20          2,120          8              8           (590)          590
       Jul-04                     107               20           2,140         (1,534)   37.951%                      3,674                    20          2,140          8              8           (582)          582
      Aug-04                      108               20           2,160         (1,514)   37.951%                      3,674                    20          2,160          8              8           (575)          575
      Sep-04                      109               20           2,180         (1,494)   37.951%                      3,674                    20          2,180          8              8           (567)          567
      Oct-04                      110               20           2,200         (1,474)   37.951%                      3,674                    20          2,200          8              8           (559)          559
      Nov-04                      111               20           2,220         (1,454)   37.951%                      3,674                    20          2,220          8              8           (552)          552
      Dec-04                      112               20           2,240         (1,434)   37.951%                      3,674                    20          2,240          8              8           (544)          544
      Jan-05                      113               20           2,260         (1,414)   37.951%                      3,674                    20          2,260          8              8           (537)          537
      Feb-05                      114               20           2,280         (1,394)   37.951%                      3,674                    20          2,280          8              8           (529)          529
      Mar-05                      115               20           2,300         (1,374)   37.951%                      3,674                    20          2,300          8              8           (521)          521
      Apr-05                      116               20           2,320         (1,354)   37.951%                      3,674                    20          2,320          8              8           (514)          514
      May-05                      117               20           2,340         (1,334)   37.951%                      3,674                    20          2,340          8              8           (506)          506
      Jun-05                      118               20           2,360         (1,314)   37.951%                      3,674                    20          2,360          8              8           (499)          499
       Jul-05                     119               20           2,380         (1,294)   37.951%                      3,674                    20          2,380          8              8           (491)          491
      Aug-05                      120               20           2,400         (1,274)   37.951%                      3,674                    20          2,400          8              8           (483)          483
      Sep-05                      121               20           2,420         (1,254)   37.951%                      3,674                    20          2,420          8              8           (476)          476
      Oct-05                      122               20           2,440         (1,234)   37.951%                      3,674                    20          2,440          8              8           (468)          468
      Nov-05                      123               20           2,460         (1,214)   37.951%                      3,674                    20          2,460          8              8           (461)          461
      Dec-05                      124               20           2,480         (1,194)   37.951%                      3,674                    20          2,480          8              8           (453)          453
      Jan-06                      125               20           2,500         (1,174)   37.951%                      3,674                    20          2,500          8              8           (446)          446
      Feb-06                      126               20           2,520         (1,154)   37.951%                      3,674                    20          2,520          8              8           (438)          438
      Mar-06                      127               20           2,540         (1,134)   37.951%                      3,674                    20          2,540          8              8           (430)          430
      Apr-06                      128               20           2,560         (1,114)   37.951%                      3,674                    20          2,560          8              8           (423)          423
      May-06                      129               20           2,580         (1,094)   37.951%                      3,674                    20          2,580          8              8           (415)          415
      Jun-06                      130               20           2,600         (1,074)   37.951%                      3,674                    20          2,600          8              8           (408)          408
       Jul-06                     131               20           2,620         (1,054)   37.951%                      3,674                    20          2,620          8              8           (400)          400
      Aug-06                      132               20           2,640         (1,034)   37.951%                      3,674                    20          2,640          8              8           (392)          392
      Sep-06                      133               20           2,660         (1,014)   37.951%                      3,674                    20          2,660          8              8           (385)          385
      Oct-06                      134               20           2,680           (994)   37.951%                      3,674                    20          2,680          8              8           (377)          377
      Nov-06                      135               20           2,700           (974)   37.951%                      3,674                    20          2,700          8              8           (370)          370
      Dec-06                      136               20           2,720           (954)   37.951%                      3,674                    20          2,720          8              8           (362)          362
      Jan-07                      137               20           2,740           (934)   37.951%                      3,674                    20          2,740          8              8           (354)          354
      Feb-07                      138               20           2,760           (914)   37.951%                      3,674                    20          2,760          8              8           (347)          347
      Mar-07                      139               20           2,780           (894)   37.951%                      3,674                    20          2,780          8              8           (339)          339
      Apr-07                      140               20           2,800           (874)   37.951%                      3,674                    20          2,800          8              8           (332)          332
      May-07                      141               20           2,820           (854)   37.951%                      3,674                    20          2,820          8              8           (324)          324
      Jun-07                      142               20           2,840           (834)   37.951%                      3,674                    20          2,840          8              8           (316)          316
       Jul-07                     143               20           2,860           (814)   37.951%                      3,674                    20          2,860          8              8           (309)          309
      Aug-07                      144               20           2,880           (794)   37.951%                      3,674                    20          2,880          8              8           (301)          301
      Sep-07                      145               20           2,900           (774)   37.951%                      3,674                    20          2,900          8              8           (294)          294
      Oct-07                      146               20           2,920           (754)   37.951%                      3,674                    20          2,920          8              8           (286)          286
      Nov-07                      147               20           2,940           (734)   37.951%                      3,674                    20          2,940          8              8           (279)          279
      Dec-07                      148               20           2,960           (714)   37.951%                      3,674                    20          2,960          8              8           (271)          271
      Jan-08                      149               20           2,980           (694)   37.951%                      3,674                    20          2,980          8              8           (263)          263
      Feb-08                      150               20           3,000           (674)   37.951%                      3,674                    20          3,000          8              8           (256)          256
      Mar-08                      151               20           3,020           (654)   37.951%                      3,674                    20          3,020          8              8           (248)          248
      Apr-08                      152               20           3,040           (634)   37.951%                      3,674                    20          3,040          8              8           (241)          241
      May-08                      153               20           3,060           (614)   37.951%                      3,674                    20          3,060          8              8           (233)          233
      Jun-08                      154               20           3,080           (594)   37.951%                      3,674                    20          3,080          8              8           (225)          225


                                                                                                                                                    Sep 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                (E)                 (F)          (G)            (H)       (I)          (J)              (K)          (L)          (M)            (N)             (O)               (P)
                                        [(B)/48]*1]          (D)*(C)             (B)+(E)                                            (H)*(G)            (D)                     (K)*(G)        (M)-(J)
                                                                                                                                                                                               D.I.T.          D.I.T.
                                              Monthly      Accumulated       Balance to                  Monthly Tax Accumulated                  Monthly       Accumulated                  Monthly        Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization       Amortize        Tax Rate      Gain       Tax Gain          Tax     Book Gain       Book Gain     Book Tax      Expense          Expense        Reserve        Dec-09   Dec-10   Total
       Jul-08                       155               20           3,100             (574)    37.951%                      3,674                        20            3,100           8              8              (218)           218
      Aug-08                        156               20           3,120             (554)    37.951%                      3,674                        20            3,120           8              8              (210)           210
      Sep-08                        157               20           3,140             (534)    37.951%                      3,674                        20            3,140           8              8              (203)           203
      Oct-08                        158               20           3,160             (514)    37.951%                      3,674                        20            3,160           8              8              (195)           195
      Nov-08                        159               20           3,180             (494)    37.951%                      3,674                        20            3,180           8              8              (187)           187
      Dec-08                        160               20           3,200             (474)    37.951%                      3,674                        20            3,200           8              8              (180)           180
      Jan-09                        161               20           3,220             (454)    37.951%                      3,674                        20            3,220           8              8              (172)           172
      Feb-09                        162               20           3,240             (434)    37.951%                      3,674                        20            3,240           8              8              (165)           165
      Mar-09                        163               20           3,260             (414)    37.951%                      3,674                        20            3,260           8              8              (157)           157
      Apr-09                        164               20           3,280             (394)    37.951%                      3,674                        20            3,280           8              8              (150)           150
      May-09                        165               20           3,300             (374)    37.951%                      3,674                        20            3,300           8              8              (142)           142
      Jun-09                        166               20           3,320             (354)    37.951%                      3,674                        20            3,320           8              8              (134)           134
       Jul-09                       167               20           3,340             (334)    37.951%                      3,674                        20            3,340           8              8              (127)           127
      Aug-09                        168               20           3,360             (314)    37.951%                      3,674                        20            3,360           8              8              (119)           119
      Sep-09                        169               20           3,380             (294)    37.951%                      3,674                        20            3,380           8              8              (112)           112
      Oct-09                        170               20           3,400             (274)    37.951%                      3,674                        20            3,400           8              8              (104)           104
      Nov-09                        171               20           3,420             (254)    37.951%                      3,674                        20            3,420           8              8                (96)           96
      Dec-09                        172               20           3,440             (234)    37.951%                      3,674                        20            3,440           8              8                (89)           89
      Jan-10                        173               20           3,460             (214)    37.951%                      3,674                        20            3,460           8              8                (81)           81
      Feb-10                        174               20           3,480             (194)    37.951%                      3,674                        20            3,480           8              8                (74)           74
      Mar-10                        175               20           3,500             (174)    37.951%                      3,674                        20            3,500           8              8                (66)           66
      Apr-10                        176               20           3,520             (154)    37.951%                      3,674                        20            3,520           8              8                (58)           58
      May-10                        177               20           3,540             (134)    37.951%                      3,674                        20            3,540           8              8                (51)           51
      Jun-10                        178               20           3,560             (114)    37.951%                      3,674                        20            3,560           8              8                (43)           43
       Jul-10                       179               20           3,580               (94)   37.951%                      3,674                        20            3,580           8              8                (36)           36
      Aug-10                        180               94           3,674                 0    37.951%                      3,674                        94            3,674          36             36                  0            (0)

       Totals            (3,674)                  3,674                                                        3,674                     1,394         3,674                        1,394               0       (127,301)         127,301

END             END                END      END                            END                END        END                       END           END                          END           END                             END               END      END    END END




                                                                                                                                                               Sep 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve       Dec-09    Dec-10   Total
      Oct-95           (14,096)   1                78              78        (14,018)   37.950%       14,096        14,096     5,349          78             78         30       (5,320)         (5,320)        5,320   13,338    14,096    758     Amortization For The Test Period
      Nov-95                      2                78             156        (13,940)   37.950%                     14,096                    78            156         30            30         (5,290)        5,290     (288)        0    288     D.I.T. Expense For the Test Period
      Dec-95                      3                78             234        (13,862)   37.950%                     14,096                    78            234         30            30         (5,261)        5,261      288        (0)   144     Average Deferred Tax Reserve Balance
      Jan-96                      4                78             312        (13,784)   37.950%                     14,096                    78            312         30            30         (5,231)        5,231
      Feb-96                      5                78             390        (13,706)   37.950%                     14,096                    78            390         30            30         (5,201)        5,201   14,096    14,096      0     Tax Gain (SCHMAT) For The Test Period
      Mar-96                      6                78             468        (13,628)   37.950%                     14,096                    78            468         30            30         (5,172)        5,172   13,338    14,096    758     Realized Book Gain (SCHMDT) For The Test Period
      Apr-96                      7                78             546        (13,550)   37.950%                     14,096                    78            546         30            30         (5,142)        5,142
      May-96                      8                78             624        (13,472)   37.950%                     14,096                    78            624         30            30         (5,113)        5,113
      Jun-96                      9                78             702        (13,394)   37.950%                     14,096                    78            702         30            30         (5,083)        5,083
       Jul-96                     10               78             780        (13,316)   37.950%                     14,096                    78            780         30            30         (5,053)        5,053
      Aug-96                      11               78             858        (13,238)   37.950%                     14,096                    78            858         30            30         (5,024)        5,024
      Sep-96                      12               78             936        (13,160)   37.950%                     14,096                    78            936         30            30         (4,994)        4,994
      Oct-96                      13               78           1,014        (13,082)   37.950%                     14,096                    78          1,014         30            30         (4,965)        4,965
      Nov-96                      14               78           1,092        (13,004)   37.950%                     14,096                    78          1,092         30            30         (4,935)        4,935
      Dec-96                      15               78           1,170        (12,926)   37.950%                     14,096                    78          1,170         30            30         (4,905)        4,905
      Jan-97                      16               78           1,248        (12,848)   37.950%                     14,096                    78          1,248         30            30         (4,876)        4,876
      Feb-97                      17               78           1,326        (12,770)   37.950%                     14,096                    78          1,326         30            30         (4,846)        4,846
      Mar-97                      18               78           1,404        (12,692)   37.950%                     14,096                    78          1,404         30            30         (4,817)        4,817
      Apr-97                      19               78           1,482        (12,614)   37.950%                     14,096                    78          1,482         30            30         (4,787)        4,787
      May-97                      20               78           1,560        (12,536)   37.950%                     14,096                    78          1,560         30            30         (4,757)        4,757
      Jun-97                      21               78           1,638        (12,458)   37.950%                     14,096                    78          1,638         30            30         (4,728)        4,728
       Jul-97                     22               78           1,716        (12,380)   37.950%                     14,096                    78          1,716         30            30         (4,698)        4,698
      Aug-97                      23               78           1,794        (12,302)   37.950%                     14,096                    78          1,794         30            30         (4,669)        4,669
      Sep-97                      24               78           1,872        (12,224)   37.950%                     14,096                    78          1,872         30            30         (4,639)        4,639
      Oct-97                      25               78           1,950        (12,146)   37.950%                     14,096                    78          1,950         30            30         (4,609)        4,609
      Nov-97                      26               78           2,028        (12,068)   37.950%                     14,096                    78          2,028         30            30         (4,580)        4,580
      Dec-97                      27               78           2,106        (11,990)   37.950%                     14,096                    78          2,106         30            30         (4,550)        4,550
      Jan-98                      28               78           2,184        (11,912)   37.950%                     14,096                    78          2,184         30            30         (4,521)        4,521
      Feb-98                      29               78           2,262        (11,834)   37.950%                     14,096                    78          2,262         30            30         (4,491)        4,491
      Mar-98                      30               78           2,340        (11,756)   37.950%                     14,096                    78          2,340         30            30         (4,461)        4,461
      Apr-98                      31               78           2,418        (11,678)   37.950%                     14,096                    78          2,418         30            30         (4,432)        4,432
      May-98                      32               78           2,496        (11,600)   37.950%                     14,096                    78          2,496         30            30         (4,402)        4,402
      Jun-98                      33               78           2,574        (11,522)   37.950%                     14,096                    78          2,574         30            30         (4,373)        4,373
       Jul-98                     34               78           2,652        (11,444)   37.950%                     14,096                    78          2,652         30            30         (4,343)        4,343
      Aug-98                      35               78           2,730        (11,366)   37.950%                     14,096                    78          2,730         30            30         (4,313)        4,313
      Sep-98                      36               78           2,808        (11,288)   37.950%                     14,096                    78          2,808         30            30         (4,284)        4,284
      Oct-98                      37               78           2,886        (11,210)   37.950%                     14,096                    78          2,886         30            30         (4,254)        4,254
      Nov-98                      38               78           2,964        (11,132)   37.950%                     14,096                    78          2,964         30            30         (4,225)        4,225
      Dec-98                      39               78           3,042        (11,054)   37.950%                     14,096                    78          3,042         30            30         (4,195)        4,195
      Jan-99                      40               78           3,120        (10,976)   37.950%                     14,096                    78          3,120         30            30         (4,165)        4,165
      Feb-99                      41               78           3,198        (10,898)   37.950%                     14,096                    78          3,198         30            30         (4,136)        4,136
      Mar-99                      42               78           3,276        (10,820)   37.950%                     14,096                    78          3,276         30            30         (4,106)        4,106
      Apr-99                      43               78           3,354        (10,742)   37.950%                     14,096                    78          3,354         30            30         (4,077)        4,077
      May-99                      44               78           3,432        (10,664)   37.950%                     14,096                    78          3,432         30            30         (4,047)        4,047
      Jun-99                      45               78           3,510        (10,586)   37.950%                     14,096                    78          3,510         30            30         (4,017)        4,017
       Jul-99                     46               78           3,588        (10,508)   37.950%                     14,096                    78          3,588         30            30         (3,988)        3,988
      Aug-99                      47               78           3,666        (10,430)   37.950%                     14,096                    78          3,666         30            30         (3,958)        3,958
      Sep-99                      48               78           3,744        (10,352)   37.950%                     14,096                    78          3,744         30            30         (3,929)        3,929
      Oct-99                      49               78           3,822        (10,274)   37.950%                     14,096                    78          3,822         30            30         (3,899)        3,899
      Nov-99                      50               78           3,900        (10,196)   37.950%                     14,096                    78          3,900         30            30         (3,869)        3,869
      Dec-99                      51               78           3,978        (10,118)   37.950%                     14,096                    78          3,978         30            30         (3,840)        3,840
      Jan-00                      52               78           4,056        (10,040)   37.950%                     14,096                    78          4,056         30            30         (3,810)        3,810
      Feb-00                      53               78           4,134         (9,962)   37.950%                     14,096                    78          4,134         30            30         (3,781)        3,781
      Mar-00                      54               78           4,212         (9,884)   37.950%                     14,096                    78          4,212         30            30         (3,751)        3,751
      Apr-00                      55               78           4,290         (9,806)   37.950%                     14,096                    78          4,290         30            30         (3,721)        3,721
      May-00                      56               78           4,368         (9,728)   37.950%                     14,096                    78          4,368         30            30         (3,692)        3,692
      Jun-00                      57               78           4,446         (9,650)   37.950%                     14,096                    78          4,446         30            30         (3,662)        3,662
       Jul-00                     58               78           4,524         (9,572)   37.950%                     14,096                    78          4,524         30            30         (3,633)        3,633
      Aug-00                      59               78           4,602         (9,494)   37.950%                     14,096                    78          4,602         30            30         (3,603)        3,603
      Sep-00                      60               78           4,680         (9,416)   37.950%                     14,096                    78          4,680         30            30         (3,573)        3,573
      Oct-00                      61               78           4,758         (9,338)   37.950%                     14,096                    78          4,758         30            30         (3,544)        3,544
      Nov-00                      62               78           4,836         (9,260)   37.950%                     14,096                    78          4,836         30            30         (3,514)        3,514
      Dec-00                      63               78           4,914         (9,182)   37.950%                     14,096                    78          4,914         30            30         (3,485)        3,485
      Jan-01                      64               78           4,992         (9,104)   37.950%                     14,096                    78          4,992         30            30         (3,455)        3,455
      Feb-01                      65               78           5,070         (9,026)   37.950%                     14,096                    78          5,070         30            30         (3,425)        3,425
      Mar-01                      66               78           5,148         (8,948)   37.950%                     14,096                    78          5,148         30            30         (3,396)        3,396
      Apr-01                      67               78           5,226         (8,870)   37.950%                     14,096                    78          5,226         30            30         (3,366)        3,366
      May-01                      68               78           5,304         (8,792)   37.950%                     14,096                    78          5,304         30            30         (3,337)        3,337
      Jun-01                      69               78           5,382         (8,714)   37.950%                     14,096                    78          5,382         30            30         (3,307)        3,307
       Jul-01                     70               78           5,460         (8,636)   37.950%                     14,096                    78          5,460         30            30         (3,277)        3,277
      Aug-01                      71               78           5,538         (8,558)   37.950%                     14,096                    78          5,538         30            30         (3,248)        3,248
      Sep-01                      72               78           5,616         (8,480)   37.950%                     14,096                    78          5,616         30            30         (3,218)        3,218
      Oct-01                      73               78           5,694         (8,402)   37.950%                     14,096                    78          5,694         30            30         (3,189)        3,189
      Nov-01                      74               78           5,772         (8,324)   37.950%                     14,096                    78          5,772         30            30         (3,159)        3,159
      Dec-01                      75               78           5,850         (8,246)   37.950%                     14,096                    78          5,850         30            30         (3,129)        3,129
      Jan-02                      76               78           5,928         (8,168)   37.950%                     14,096                    78          5,928         30            30         (3,100)        3,100
      Feb-02                      77               78           6,006         (8,090)   37.950%                     14,096                    78          6,006         30            30         (3,070)        3,070


                                                                                                                                                   Oct 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                                D.I.T.         D.I.T.
                                            Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      Mar-02                       78               78           6,084         (8,012)   37.950%                     14,096                    78          6,084         30            30         (3,041)        3,041
      Apr-02                       79               78           6,162         (7,934)   37.950%                     14,096                    78          6,162         30            30         (3,011)        3,011
      May-02                       80               78           6,240         (7,856)   37.950%                     14,096                    78          6,240         30            30         (2,981)        2,981
      Jun-02                       81               78           6,318         (7,778)   37.950%                     14,096                    78          6,318         30            30         (2,952)        2,952
       Jul-02                      82               78           6,396         (7,700)   37.950%                     14,096                    78          6,396         30            30         (2,922)        2,922
      Aug-02                       83               78           6,474         (7,622)   37.950%                     14,096                    78          6,474         30            30         (2,893)        2,893
      Sep-02                       84               78           6,552         (7,544)   37.950%                     14,096                    78          6,552         30            30         (2,863)        2,863
      Oct-02                       85               78           6,630         (7,466)   37.950%                     14,096                    78          6,630         30            30         (2,833)        2,833
      Nov-02                       86               78           6,708         (7,388)   37.950%                     14,096                    78          6,708         30            30         (2,804)        2,804
      Dec-02                       87               78           6,786         (7,310)   37.950%                     14,096                    78          6,786         30            30         (2,774)        2,774
      Jan-03                       88               78           6,864         (7,232)   37.950%                     14,096                    78          6,864         30            30         (2,745)        2,745
      Feb-03                       89               78           6,942         (7,154)   37.950%                     14,096                    78          6,942         30            30         (2,715)        2,715
      Mar-03                       90               78           7,020         (7,076)   37.950%                     14,096                    78          7,020         30            30         (2,685)        2,685
      Apr-03                       91               78           7,098         (6,998)   37.950%                     14,096                    78          7,098         30            30         (2,656)        2,656
      May-03                       92               78           7,176         (6,920)   37.951%                     14,096                    78          7,176         30            30         (2,626)        2,626
      Jun-03                       93               78           7,254         (6,842)   37.951%                     14,096                    78          7,254         30            30         (2,597)        2,597
       Jul-03                      94               78           7,332         (6,764)   37.951%                     14,096                    78          7,332         30            30         (2,567)        2,567
      Aug-03                       95               78           7,410         (6,686)   37.951%                     14,096                    78          7,410         30            30         (2,537)        2,537
      Sep-03                       96               78           7,488         (6,608)   37.951%                     14,096                    78          7,488         30            30         (2,508)        2,508
      Oct-03                       97               78           7,566         (6,530)   37.951%                     14,096                    78          7,566         30            30         (2,478)        2,478
      Nov-03                       98               78           7,644         (6,452)   37.951%                     14,096                    78          7,644         30            30         (2,449)        2,449
      Dec-03                       99               78           7,722         (6,374)   37.951%                     14,096                    78          7,722         30            30         (2,419)        2,419
      Jan-04                      100               78           7,800         (6,296)   37.951%                     14,096                    78          7,800         30            30         (2,389)        2,389
      Feb-04                      101               78           7,878         (6,218)   37.951%                     14,096                    78          7,878         30            30         (2,360)        2,360
      Mar-04                      102               78           7,956         (6,140)   37.951%                     14,096                    78          7,956         30            30         (2,330)        2,330
      Apr-04                      103               78           8,034         (6,062)   37.951%                     14,096                    78          8,034         30            30         (2,301)        2,301
      May-04                      104               78           8,112         (5,984)   37.951%                     14,096                    78          8,112         30            30         (2,271)        2,271
      Jun-04                      105               78           8,190         (5,906)   37.951%                     14,096                    78          8,190         30            30         (2,241)        2,241
       Jul-04                     106               78           8,268         (5,828)   37.951%                     14,096                    78          8,268         30            30         (2,212)        2,212
      Aug-04                      107               78           8,346         (5,750)   37.951%                     14,096                    78          8,346         30            30         (2,182)        2,182
      Sep-04                      108               78           8,424         (5,672)   37.951%                     14,096                    78          8,424         30            30         (2,153)        2,153
      Oct-04                      109               78           8,502         (5,594)   37.951%                     14,096                    78          8,502         30            30         (2,123)        2,123
      Nov-04                      110               78           8,580         (5,516)   37.951%                     14,096                    78          8,580         30            30         (2,093)        2,093
      Dec-04                      111               78           8,658         (5,438)   37.951%                     14,096                    78          8,658         30            30         (2,064)        2,064
      Jan-05                      112               78           8,736         (5,360)   37.951%                     14,096                    78          8,736         30            30         (2,034)        2,034
      Feb-05                      113               78           8,814         (5,282)   37.951%                     14,096                    78          8,814         30            30         (2,005)        2,005
      Mar-05                      114               78           8,892         (5,204)   37.951%                     14,096                    78          8,892         30            30         (1,975)        1,975
      Apr-05                      115               78           8,970         (5,126)   37.951%                     14,096                    78          8,970         30            30         (1,945)        1,945
      May-05                      116               78           9,048         (5,048)   37.951%                     14,096                    78          9,048         30            30         (1,916)        1,916
      Jun-05                      117               78           9,126         (4,970)   37.951%                     14,096                    78          9,126         30            30         (1,886)        1,886
       Jul-05                     118               78           9,204         (4,892)   37.951%                     14,096                    78          9,204         30            30         (1,856)        1,856
      Aug-05                      119               78           9,282         (4,814)   37.951%                     14,096                    78          9,282         30            30         (1,827)        1,827
      Sep-05                      120               78           9,360         (4,736)   37.951%                     14,096                    78          9,360         30            30         (1,797)        1,797
      Oct-05                      121               78           9,438         (4,658)   37.951%                     14,096                    78          9,438         30            30         (1,768)        1,768
      Nov-05                      122               78           9,516         (4,580)   37.951%                     14,096                    78          9,516         30            30         (1,738)        1,738
      Dec-05                      123               78           9,594         (4,502)   37.951%                     14,096                    78          9,594         30            30         (1,708)        1,708
      Jan-06                      124               78           9,672         (4,424)   37.951%                     14,096                    78          9,672         30            30         (1,679)        1,679
      Feb-06                      125               78           9,750         (4,346)   37.951%                     14,096                    78          9,750         30            30         (1,649)        1,649
      Mar-06                      126               78           9,828         (4,268)   37.951%                     14,096                    78          9,828         30            30         (1,620)        1,620
      Apr-06                      127               78           9,906         (4,190)   37.951%                     14,096                    78          9,906         30            30         (1,590)        1,590
      May-06                      128               78           9,984         (4,112)   37.951%                     14,096                    78          9,984         30            30         (1,560)        1,560
      Jun-06                      129               78         10,062          (4,034)   37.951%                     14,096                    78         10,062         30            30         (1,531)        1,531
       Jul-06                     130               78         10,140          (3,956)   37.951%                     14,096                    78         10,140         30            30         (1,501)        1,501
      Aug-06                      131               78         10,218          (3,878)   37.951%                     14,096                    78         10,218         30            30         (1,472)        1,472
      Sep-06                      132               78         10,296          (3,800)   37.951%                     14,096                    78         10,296         30            30         (1,442)        1,442
      Oct-06                      133               78         10,374          (3,722)   37.951%                     14,096                    78         10,374         30            30         (1,412)        1,412
      Nov-06                      134               78         10,452          (3,644)   37.951%                     14,096                    78         10,452         30            30         (1,383)        1,383
      Dec-06                      135               78         10,530          (3,566)   37.951%                     14,096                    78         10,530         30            30         (1,353)        1,353
      Jan-07                      136               78         10,608          (3,488)   37.951%                     14,096                    78         10,608         30            30         (1,324)        1,324
      Feb-07                      137               78         10,686          (3,410)   37.951%                     14,096                    78         10,686         30            30         (1,294)        1,294
      Mar-07                      138               78         10,764          (3,332)   37.951%                     14,096                    78         10,764         30            30         (1,264)        1,264
      Apr-07                      139               78         10,842          (3,254)   37.951%                     14,096                    78         10,842         30            30         (1,235)        1,235
      May-07                      140               78         10,920          (3,176)   37.951%                     14,096                    78         10,920         30            30         (1,205)        1,205
      Jun-07                      141               78         10,998          (3,098)   37.951%                     14,096                    78         10,998         30            30         (1,176)        1,176
       Jul-07                     142               78         11,076          (3,020)   37.951%                     14,096                    78         11,076         30            30         (1,146)        1,146
      Aug-07                      143               78         11,154          (2,942)   37.951%                     14,096                    78         11,154         30            30         (1,116)        1,116
      Sep-07                      144               78         11,232          (2,864)   37.951%                     14,096                    78         11,232         30            30         (1,087)        1,087
      Oct-07                      145               78         11,310          (2,786)   37.951%                     14,096                    78         11,310         30            30         (1,057)        1,057
      Nov-07                      146               78         11,388          (2,708)   37.951%                     14,096                    78         11,388         30            30         (1,028)        1,028
      Dec-07                      147               78         11,466          (2,630)   37.951%                     14,096                    78         11,466         30            30           (998)          998
      Jan-08                      148               78         11,544          (2,552)   37.951%                     14,096                    78         11,544         30            30           (968)          968
      Feb-08                      149               78         11,622          (2,474)   37.951%                     14,096                    78         11,622         30            30           (939)          939
      Mar-08                      150               78         11,700          (2,396)   37.951%                     14,096                    78         11,700         30            30           (909)          909
      Apr-08                      151               78         11,778          (2,318)   37.951%                     14,096                    78         11,778         30            30           (880)          880
      May-08                      152               78         11,856          (2,240)   37.951%                     14,096                    78         11,856         30            30           (850)          850
      Jun-08                      153               78         11,934          (2,162)   37.951%                     14,096                    78         11,934         30            30           (820)          820
       Jul-08                     154               78         12,012          (2,084)   37.951%                     14,096                    78         12,012         30            30           (791)          791


                                                                                                                                                    Oct 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                (E)                (F)         (G)            (H)       (I)          (J)              (K)           (L)          (M)            (N)            (O)               (P)
                                        [(B)/48]*1]          (D)*(C)            (B)+(E)                                           (H)*(G)            (D)                      (K)*(G)        (M)-(J)
                                                                                                                                                                                              D.I.T.         D.I.T.
                                              Monthly      Accumulated      Balance to                 Monthly Tax Accumulated                  Monthly        Accumulated                  Monthly       Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization      Amortize       Tax Rate      Gain       Tax Gain          Tax     Book Gain        Book Gain     Book Tax      Expense         Expense        Reserve        Dec-09   Dec-10   Total
      Aug-08                        155               78         12,090           (2,006)   37.951%                     14,096                        78            12,090          30               30           (761)           761
      Sep-08                        156               78         12,168           (1,928)   37.951%                     14,096                        78            12,168          30               30           (732)           732
      Oct-08                        157               78         12,246           (1,850)   37.951%                     14,096                        78            12,246          30               30           (702)           702
      Nov-08                        158               78         12,324           (1,772)   37.951%                     14,096                        78            12,324          30               30           (672)           672
      Dec-08                        159               78         12,402           (1,694)   37.951%                     14,096                        78            12,402          30               30           (643)           643
      Jan-09                        160               78         12,480           (1,616)   37.951%                     14,096                        78            12,480          30               30           (613)           613
      Feb-09                        161               78         12,558           (1,538)   37.951%                     14,096                        78            12,558          30               30           (584)           584
      Mar-09                        162               78         12,636           (1,460)   37.951%                     14,096                        78            12,636          30               30           (554)           554
      Apr-09                        163               78         12,714           (1,382)   37.951%                     14,096                        78            12,714          30               30           (524)           524
      May-09                        164               78         12,792           (1,304)   37.951%                     14,096                        78            12,792          30               30           (495)           495
      Jun-09                        165               78         12,870           (1,226)   37.951%                     14,096                        78            12,870          30               30           (465)           465
       Jul-09                       166               78         12,948           (1,148)   37.951%                     14,096                        78            12,948          30               30           (436)           436
      Aug-09                        167               78         13,026           (1,070)   37.951%                     14,096                        78            13,026          30               30           (406)           406
      Sep-09                        168               78         13,104             (992)   37.951%                     14,096                        78            13,104          30               30           (376)           376
      Oct-09                        169               78         13,182             (914)   37.951%                     14,096                        78            13,182          30               30           (347)           347
      Nov-09                        170               78         13,260             (836)   37.951%                     14,096                        78            13,260          30               30           (317)           317
      Dec-09                        171               78         13,338             (758)   37.951%                     14,096                        78            13,338          30               30           (288)           288
      Jan-10                        172               78         13,416             (680)   37.951%                     14,096                        78            13,416          30               30           (258)           258
      Feb-10                        173               78         13,494             (602)   37.951%                     14,096                        78            13,494          30               30           (228)           228
      Mar-10                        174               78         13,572             (524)   37.951%                     14,096                        78            13,572          30               30           (199)           199
      Apr-10                        175               78         13,650             (446)   37.951%                     14,096                        78            13,650          30               30           (169)           169
      May-10                        176               78         13,728             (368)   37.951%                     14,096                        78            13,728          30               30           (140)           140
      Jun-10                        177               78         13,806             (290)   37.951%                     14,096                        78            13,806          30               30           (110)           110
       Jul-10                       178               78         13,884             (212)   37.951%                     14,096                        78            13,884          30               30             (80)           80
      Aug-10                        179               78         13,962             (134)   37.951%                     14,096                        78            13,962          30               30             (51)           51
      Sep-10                        180             134          14,096                0    37.951%                     14,096                       134            14,096          51               51               0            (0)

       Totals           (14,096)                  14,096                                                     14,096                    5,349         14,096                        5,350             0        (480,673)         480,673

END             END                END      END                           END               END        END                       END           END                           END           END                            END               END      END    END END




                                                                                                                                                              Oct 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      Dec-95            (5,374)   1                30              30         (5,344)   37.950%         5,374        5,374     2,039          30             30         11       (2,028)         (2,028)        2,028   5,070    5,374    304     Amortization For The Test Period
      Jan-96                      2                30              60         (5,314)   37.950%                      5,374                    30             60         11            11         (2,017)        2,017    (115)       0    115     D.I.T. Expense For the Test Period
      Feb-96                      3                30              90         (5,284)   37.950%                      5,374                    30             90         11            11         (2,005)        2,005     115       (0)    58     Average Deferred Tax Reserve Balance
      Mar-96                      4                30             120         (5,254)   37.950%                      5,374                    30            120         11            11         (1,994)        1,994
      Apr-96                      5                30             150         (5,224)   37.950%                      5,374                    30            150         11            11         (1,983)        1,983   5,374    5,374      0     Tax Gain (SCHMAT) For The Test Period
      May-96                      6                30             180         (5,194)   37.950%                      5,374                    30            180         11            11         (1,971)        1,971   5,070    5,374    304     Realized Book Gain (SCHMDT) For The Test Period
      Jun-96                      7                30             210         (5,164)   37.950%                      5,374                    30            210         11            11         (1,960)        1,960
       Jul-96                     8                30             240         (5,134)   37.950%                      5,374                    30            240         11            11         (1,948)        1,948
      Aug-96                      9                30             270         (5,104)   37.950%                      5,374                    30            270         11            11         (1,937)        1,937
      Sep-96                      10               30             300         (5,074)   37.950%                      5,374                    30            300         11            11         (1,926)        1,926
      Oct-96                      11               30             330         (5,044)   37.950%                      5,374                    30            330         11            11         (1,914)        1,914
      Nov-96                      12               30             360         (5,014)   37.950%                      5,374                    30            360         11            11         (1,903)        1,903
      Dec-96                      13               30             390         (4,984)   37.950%                      5,374                    30            390         11            11         (1,891)        1,891
      Jan-97                      14               30             420         (4,954)   37.950%                      5,374                    30            420         11            11         (1,880)        1,880
      Feb-97                      15               30             450         (4,924)   37.950%                      5,374                    30            450         11            11         (1,869)        1,869
      Mar-97                      16               30             480         (4,894)   37.950%                      5,374                    30            480         11            11         (1,857)        1,857
      Apr-97                      17               30             510         (4,864)   37.950%                      5,374                    30            510         11            11         (1,846)        1,846
      May-97                      18               30             540         (4,834)   37.950%                      5,374                    30            540         11            11         (1,835)        1,835
      Jun-97                      19               30             570         (4,804)   37.950%                      5,374                    30            570         11            11         (1,823)        1,823
       Jul-97                     20               30             600         (4,774)   37.950%                      5,374                    30            600         11            11         (1,812)        1,812
      Aug-97                      21               30             630         (4,744)   37.950%                      5,374                    30            630         11            11         (1,800)        1,800
      Sep-97                      22               30             660         (4,714)   37.950%                      5,374                    30            660         11            11         (1,789)        1,789
      Oct-97                      23               30             690         (4,684)   37.950%                      5,374                    30            690         11            11         (1,778)        1,778
      Nov-97                      24               30             720         (4,654)   37.950%                      5,374                    30            720         11            11         (1,766)        1,766
      Dec-97                      25               30             750         (4,624)   37.950%                      5,374                    30            750         11            11         (1,755)        1,755
      Jan-98                      26               30             780         (4,594)   37.950%                      5,374                    30            780         11            11         (1,743)        1,743
      Feb-98                      27               30             810         (4,564)   37.950%                      5,374                    30            810         11            11         (1,732)        1,732
      Mar-98                      28               30             840         (4,534)   37.950%                      5,374                    30            840         11            11         (1,721)        1,721
      Apr-98                      29               30             870         (4,504)   37.950%                      5,374                    30            870         11            11         (1,709)        1,709
      May-98                      30               30             900         (4,474)   37.950%                      5,374                    30            900         11            11         (1,698)        1,698
      Jun-98                      31               30             930         (4,444)   37.950%                      5,374                    30            930         11            11         (1,686)        1,686
       Jul-98                     32               30             960         (4,414)   37.950%                      5,374                    30            960         11            11         (1,675)        1,675
      Aug-98                      33               30             990         (4,384)   37.950%                      5,374                    30            990         11            11         (1,664)        1,664
      Sep-98                      34               30           1,020         (4,354)   37.950%                      5,374                    30          1,020         11            11         (1,652)        1,652
      Oct-98                      35               30           1,050         (4,324)   37.950%                      5,374                    30          1,050         11            11         (1,641)        1,641
      Nov-98                      36               30           1,080         (4,294)   37.950%                      5,374                    30          1,080         11            11         (1,630)        1,630
      Dec-98                      37               30           1,110         (4,264)   37.950%                      5,374                    30          1,110         11            11         (1,618)        1,618
      Jan-99                      38               30           1,140         (4,234)   37.950%                      5,374                    30          1,140         11            11         (1,607)        1,607
      Feb-99                      39               30           1,170         (4,204)   37.950%                      5,374                    30          1,170         11            11         (1,595)        1,595
      Mar-99                      40               30           1,200         (4,174)   37.950%                      5,374                    30          1,200         11            11         (1,584)        1,584
      Apr-99                      41               30           1,230         (4,144)   37.950%                      5,374                    30          1,230         11            11         (1,573)        1,573
      May-99                      42               30           1,260         (4,114)   37.950%                      5,374                    30          1,260         11            11         (1,561)        1,561
      Jun-99                      43               30           1,290         (4,084)   37.950%                      5,374                    30          1,290         11            11         (1,550)        1,550
       Jul-99                     44               30           1,320         (4,054)   37.950%                      5,374                    30          1,320         11            11         (1,538)        1,538
      Aug-99                      45               30           1,350         (4,024)   37.950%                      5,374                    30          1,350         11            11         (1,527)        1,527
      Sep-99                      46               30           1,380         (3,994)   37.950%                      5,374                    30          1,380         11            11         (1,516)        1,516
      Oct-99                      47               30           1,410         (3,964)   37.950%                      5,374                    30          1,410         11            11         (1,504)        1,504
      Nov-99                      48               30           1,440         (3,934)   37.950%                      5,374                    30          1,440         11            11         (1,493)        1,493
      Dec-99                      49               30           1,470         (3,904)   37.950%                      5,374                    30          1,470         11            11         (1,482)        1,482
      Jan-00                      50               30           1,500         (3,874)   37.950%                      5,374                    30          1,500         11            11         (1,470)        1,470
      Feb-00                      51               30           1,530         (3,844)   37.950%                      5,374                    30          1,530         11            11         (1,459)        1,459
      Mar-00                      52               30           1,560         (3,814)   37.950%                      5,374                    30          1,560         11            11         (1,447)        1,447
      Apr-00                      53               30           1,590         (3,784)   37.950%                      5,374                    30          1,590         11            11         (1,436)        1,436
      May-00                      54               30           1,620         (3,754)   37.950%                      5,374                    30          1,620         11            11         (1,425)        1,425
      Jun-00                      55               30           1,650         (3,724)   37.950%                      5,374                    30          1,650         11            11         (1,413)        1,413
       Jul-00                     56               30           1,680         (3,694)   37.950%                      5,374                    30          1,680         11            11         (1,402)        1,402
      Aug-00                      57               30           1,710         (3,664)   37.950%                      5,374                    30          1,710         11            11         (1,390)        1,390
      Sep-00                      58               30           1,740         (3,634)   37.950%                      5,374                    30          1,740         11            11         (1,379)        1,379
      Oct-00                      59               30           1,770         (3,604)   37.950%                      5,374                    30          1,770         11            11         (1,368)        1,368
      Nov-00                      60               30           1,800         (3,574)   37.950%                      5,374                    30          1,800         11            11         (1,356)        1,356
      Dec-00                      61               30           1,830         (3,544)   37.950%                      5,374                    30          1,830         11            11         (1,345)        1,345
      Jan-01                      62               30           1,860         (3,514)   37.950%                      5,374                    30          1,860         11            11         (1,334)        1,334
      Feb-01                      63               30           1,890         (3,484)   37.950%                      5,374                    30          1,890         11            11         (1,322)        1,322
      Mar-01                      64               30           1,920         (3,454)   37.950%                      5,374                    30          1,920         11            11         (1,311)        1,311
      Apr-01                      65               30           1,950         (3,424)   37.950%                      5,374                    30          1,950         11            11         (1,299)        1,299
      May-01                      66               30           1,980         (3,394)   37.950%                      5,374                    30          1,980         11            11         (1,288)        1,288
      Jun-01                      67               30           2,010         (3,364)   37.950%                      5,374                    30          2,010         11            11         (1,277)        1,277
       Jul-01                     68               30           2,040         (3,334)   37.950%                      5,374                    30          2,040         11            11         (1,265)        1,265
      Aug-01                      69               30           2,070         (3,304)   37.950%                      5,374                    30          2,070         11            11         (1,254)        1,254
      Sep-01                      70               30           2,100         (3,274)   37.950%                      5,374                    30          2,100         11            11         (1,242)        1,242
      Oct-01                      71               30           2,130         (3,244)   37.950%                      5,374                    30          2,130         11            11         (1,231)        1,231
      Nov-01                      72               30           2,160         (3,214)   37.950%                      5,374                    30          2,160         11            11         (1,220)        1,220
      Dec-01                      73               30           2,190         (3,184)   37.950%                      5,374                    30          2,190         11            11         (1,208)        1,208
      Jan-02                      74               30           2,220         (3,154)   37.950%                      5,374                    30          2,220         11            11         (1,197)        1,197
      Feb-02                      75               30           2,250         (3,124)   37.950%                      5,374                    30          2,250         11            11         (1,186)        1,186
      Mar-02                      76               30           2,280         (3,094)   37.950%                      5,374                    30          2,280         11            11         (1,174)        1,174
      Apr-02                      77               30           2,310         (3,064)   37.950%                      5,374                    30          2,310         11            11         (1,163)        1,163


                                                                                                                                                   Dec 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                                D.I.T.         D.I.T.
                                            Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      May-02                       78               30           2,340         (3,034)   37.950%                      5,374                    30          2,340         11            11         (1,151)        1,151
      Jun-02                       79               30           2,370         (3,004)   37.950%                      5,374                    30          2,370         11            11         (1,140)        1,140
       Jul-02                      80               30           2,400         (2,974)   37.950%                      5,374                    30          2,400         11            11         (1,129)        1,129
      Aug-02                       81               30           2,430         (2,944)   37.950%                      5,374                    30          2,430         11            11         (1,117)        1,117
      Sep-02                       82               30           2,460         (2,914)   37.950%                      5,374                    30          2,460         11            11         (1,106)        1,106
      Oct-02                       83               30           2,490         (2,884)   37.950%                      5,374                    30          2,490         11            11         (1,094)        1,094
      Nov-02                       84               30           2,520         (2,854)   37.950%                      5,374                    30          2,520         11            11         (1,083)        1,083
      Dec-02                       85               30           2,550         (2,824)   37.950%                      5,374                    30          2,550         11            11         (1,072)        1,072
      Jan-03                       86               30           2,580         (2,794)   37.950%                      5,374                    30          2,580         11            11         (1,060)        1,060
      Feb-03                       87               30           2,610         (2,764)   37.950%                      5,374                    30          2,610         11            11         (1,049)        1,049
      Mar-03                       88               30           2,640         (2,734)   37.950%                      5,374                    30          2,640         11            11         (1,038)        1,038
      Apr-03                       89               30           2,670         (2,704)   37.950%                      5,374                    30          2,670         11            11         (1,026)        1,026
      May-03                       90               30           2,700         (2,674)   37.951%                      5,374                    30          2,700         11            11         (1,015)        1,015
      Jun-03                       91               30           2,730         (2,644)   37.951%                      5,374                    30          2,730         11            11         (1,003)        1,003
       Jul-03                      92               30           2,760         (2,614)   37.951%                      5,374                    30          2,760         11            11           (992)          992
      Aug-03                       93               30           2,790         (2,584)   37.951%                      5,374                    30          2,790         11            11           (981)          981
      Sep-03                       94               30           2,820         (2,554)   37.951%                      5,374                    30          2,820         11            11           (969)          969
      Oct-03                       95               30           2,850         (2,524)   37.951%                      5,374                    30          2,850         11            11           (958)          958
      Nov-03                       96               30           2,880         (2,494)   37.951%                      5,374                    30          2,880         11            11           (946)          946
      Dec-03                       97               30           2,910         (2,464)   37.951%                      5,374                    30          2,910         11            11           (935)          935
      Jan-04                       98               30           2,940         (2,434)   37.951%                      5,374                    30          2,940         11            11           (924)          924
      Feb-04                       99               30           2,970         (2,404)   37.951%                      5,374                    30          2,970         11            11           (912)          912
      Mar-04                      100               30           3,000         (2,374)   37.951%                      5,374                    30          3,000         11            11           (901)          901
      Apr-04                      101               30           3,030         (2,344)   37.951%                      5,374                    30          3,030         11            11           (890)          890
      May-04                      102               30           3,060         (2,314)   37.951%                      5,374                    30          3,060         11            11           (878)          878
      Jun-04                      103               30           3,090         (2,284)   37.951%                      5,374                    30          3,090         11            11           (867)          867
       Jul-04                     104               30           3,120         (2,254)   37.951%                      5,374                    30          3,120         11            11           (855)          855
      Aug-04                      105               30           3,150         (2,224)   37.951%                      5,374                    30          3,150         11            11           (844)          844
      Sep-04                      106               30           3,180         (2,194)   37.951%                      5,374                    30          3,180         11            11           (833)          833
      Oct-04                      107               30           3,210         (2,164)   37.951%                      5,374                    30          3,210         11            11           (821)          821
      Nov-04                      108               30           3,240         (2,134)   37.951%                      5,374                    30          3,240         11            11           (810)          810
      Dec-04                      109               30           3,270         (2,104)   37.951%                      5,374                    30          3,270         11            11           (798)          798
      Jan-05                      110               30           3,300         (2,074)   37.951%                      5,374                    30          3,300         11            11           (787)          787
      Feb-05                      111               30           3,330         (2,044)   37.951%                      5,374                    30          3,330         11            11           (776)          776
      Mar-05                      112               30           3,360         (2,014)   37.951%                      5,374                    30          3,360         11            11           (764)          764
      Apr-05                      113               30           3,390         (1,984)   37.951%                      5,374                    30          3,390         11            11           (753)          753
      May-05                      114               30           3,420         (1,954)   37.951%                      5,374                    30          3,420         11            11           (742)          742
      Jun-05                      115               30           3,450         (1,924)   37.951%                      5,374                    30          3,450         11            11           (730)          730
       Jul-05                     116               30           3,480         (1,894)   37.951%                      5,374                    30          3,480         11            11           (719)          719
      Aug-05                      117               30           3,510         (1,864)   37.951%                      5,374                    30          3,510         11            11           (707)          707
      Sep-05                      118               30           3,540         (1,834)   37.951%                      5,374                    30          3,540         11            11           (696)          696
      Oct-05                      119               30           3,570         (1,804)   37.951%                      5,374                    30          3,570         11            11           (685)          685
      Nov-05                      120               30           3,600         (1,774)   37.951%                      5,374                    30          3,600         11            11           (673)          673
      Dec-05                      121               30           3,630         (1,744)   37.951%                      5,374                    30          3,630         11            11           (662)          662
      Jan-06                      122               30           3,660         (1,714)   37.951%                      5,374                    30          3,660         11            11           (650)          650
      Feb-06                      123               30           3,690         (1,684)   37.951%                      5,374                    30          3,690         11            11           (639)          639
      Mar-06                      124               30           3,720         (1,654)   37.951%                      5,374                    30          3,720         11            11           (628)          628
      Apr-06                      125               30           3,750         (1,624)   37.951%                      5,374                    30          3,750         11            11           (616)          616
      May-06                      126               30           3,780         (1,594)   37.951%                      5,374                    30          3,780         11            11           (605)          605
      Jun-06                      127               30           3,810         (1,564)   37.951%                      5,374                    30          3,810         11            11           (594)          594
       Jul-06                     128               30           3,840         (1,534)   37.951%                      5,374                    30          3,840         11            11           (582)          582
      Aug-06                      129               30           3,870         (1,504)   37.951%                      5,374                    30          3,870         11            11           (571)          571
      Sep-06                      130               30           3,900         (1,474)   37.951%                      5,374                    30          3,900         11            11           (559)          559
      Oct-06                      131               30           3,930         (1,444)   37.951%                      5,374                    30          3,930         11            11           (548)          548
      Nov-06                      132               30           3,960         (1,414)   37.951%                      5,374                    30          3,960         11            11           (537)          537
      Dec-06                      133               30           3,990         (1,384)   37.951%                      5,374                    30          3,990         11            11           (525)          525
      Jan-07                      134               30           4,020         (1,354)   37.951%                      5,374                    30          4,020         11            11           (514)          514
      Feb-07                      135               30           4,050         (1,324)   37.951%                      5,374                    30          4,050         11            11           (502)          502
      Mar-07                      136               30           4,080         (1,294)   37.951%                      5,374                    30          4,080         11            11           (491)          491
      Apr-07                      137               30           4,110         (1,264)   37.951%                      5,374                    30          4,110         11            11           (480)          480
      May-07                      138               30           4,140         (1,234)   37.951%                      5,374                    30          4,140         11            11           (468)          468
      Jun-07                      139               30           4,170         (1,204)   37.951%                      5,374                    30          4,170         11            11           (457)          457
       Jul-07                     140               30           4,200         (1,174)   37.951%                      5,374                    30          4,200         11            11           (446)          446
      Aug-07                      141               30           4,230         (1,144)   37.951%                      5,374                    30          4,230         11            11           (434)          434
      Sep-07                      142               30           4,260         (1,114)   37.951%                      5,374                    30          4,260         11            11           (423)          423
      Oct-07                      143               30           4,290         (1,084)   37.951%                      5,374                    30          4,290         11            11           (411)          411
      Nov-07                      144               30           4,320         (1,054)   37.951%                      5,374                    30          4,320         11            11           (400)          400
      Dec-07                      145               30           4,350         (1,024)   37.951%                      5,374                    30          4,350         11            11           (389)          389
      Jan-08                      146               30           4,380           (994)   37.951%                      5,374                    30          4,380         11            11           (377)          377
      Feb-08                      147               30           4,410           (964)   37.951%                      5,374                    30          4,410         11            11           (366)          366
      Mar-08                      148               30           4,440           (934)   37.951%                      5,374                    30          4,440         11            11           (354)          354
      Apr-08                      149               30           4,470           (904)   37.951%                      5,374                    30          4,470         11            11           (343)          343
      May-08                      150               30           4,500           (874)   37.951%                      5,374                    30          4,500         11            11           (332)          332
      Jun-08                      151               30           4,530           (844)   37.951%                      5,374                    30          4,530         11            11           (320)          320
       Jul-08                     152               30           4,560           (814)   37.951%                      5,374                    30          4,560         11            11           (309)          309
      Aug-08                      153               30           4,590           (784)   37.951%                      5,374                    30          4,590         11            11           (298)          298
      Sep-08                      154               30           4,620           (754)   37.951%                      5,374                    30          4,620         11            11           (286)          286


                                                                                                                                                    Dec 1995
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                (E)                 (F)          (G)            (H)       (I)          (J)              (K)          (L)          (M)            (N)            (O)               (P)
                                        [(B)/48]*1]          (D)*(C)             (B)+(E)                                            (H)*(G)            (D)                     (K)*(G)        (M)-(J)
                                                                                                                                                                                               D.I.T.         D.I.T.
                                              Monthly      Accumulated       Balance to                  Monthly Tax Accumulated                  Monthly       Accumulated                  Monthly       Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization       Amortize        Tax Rate      Gain       Tax Gain          Tax     Book Gain       Book Gain     Book Tax      Expense         Expense        Reserve        Dec-09   Dec-10   Total
      Oct-08                        155               30           4,650             (724)    37.951%                      5,374                        30            4,650          11               11           (275)           275
      Nov-08                        156               30           4,680             (694)    37.951%                      5,374                        30            4,680          11               11           (263)           263
      Dec-08                        157               30           4,710             (664)    37.951%                      5,374                        30            4,710          11               11           (252)           252
      Jan-09                        158               30           4,740             (634)    37.951%                      5,374                        30            4,740          11               11           (241)           241
      Feb-09                        159               30           4,770             (604)    37.951%                      5,374                        30            4,770          11               11           (229)           229
      Mar-09                        160               30           4,800             (574)    37.951%                      5,374                        30            4,800          11               11           (218)           218
      Apr-09                        161               30           4,830             (544)    37.951%                      5,374                        30            4,830          11               11           (206)           206
      May-09                        162               30           4,860             (514)    37.951%                      5,374                        30            4,860          11               11           (195)           195
      Jun-09                        163               30           4,890             (484)    37.951%                      5,374                        30            4,890          11               11           (184)           184
       Jul-09                       164               30           4,920             (454)    37.951%                      5,374                        30            4,920          11               11           (172)           172
      Aug-09                        165               30           4,950             (424)    37.951%                      5,374                        30            4,950          11               11           (161)           161
      Sep-09                        166               30           4,980             (394)    37.951%                      5,374                        30            4,980          11               11           (149)           149
      Oct-09                        167               30           5,010             (364)    37.951%                      5,374                        30            5,010          11               11           (138)           138
      Nov-09                        168               30           5,040             (334)    37.951%                      5,374                        30            5,040          11               11           (127)           127
      Dec-09                        169               30           5,070             (304)    37.951%                      5,374                        30            5,070          11               11           (115)           115
      Jan-10                        170               30           5,100             (274)    37.951%                      5,374                        30            5,100          11               11           (104)           104
      Feb-10                        171               30           5,130             (244)    37.951%                      5,374                        30            5,130          11               11             (93)           93
      Mar-10                        172               30           5,160             (214)    37.951%                      5,374                        30            5,160          11               11             (81)           81
      Apr-10                        173               30           5,190             (184)    37.951%                      5,374                        30            5,190          11               11             (70)           70
      May-10                        174               30           5,220             (154)    37.951%                      5,374                        30            5,220          11               11             (58)           58
      Jun-10                        175               30           5,250             (124)    37.951%                      5,374                        30            5,250          11               11             (47)           47
       Jul-10                       176               30           5,280               (94)   37.951%                      5,374                        30            5,280          11               11             (36)           36
      Aug-10                        177               30           5,310               (64)   37.951%                      5,374                        30            5,310          11               11             (24)           24
      Sep-10                        178               30           5,340               (34)   37.951%                      5,374                        30            5,340          11               11             (13)           13
      Oct-10                        179               30           5,370                (4)   37.951%                      5,374                        30            5,370          11               11              (1)            1
      Nov-10                        180                4           5,374                 0    37.951%                      5,374                          4           5,374           2                2               0            (0)

       Totals            (5,374)                  5,374                                                        5,374                     2,039         5,374                        2,039             0        (181,645)         181,645

END             END                END      END                            END                END        END                       END           END                          END           END                            END               END      END    END END




                                                                                                                                                               Dec 1995
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10      Total
      Feb-96        (1,315,000)   1             7,306           7,306     (1,307,694) 37.950% 1,315,000       1,315,000   499,043       7,306          7,306      2,773    (496,270)       (496,270)      496,270   1,220,102    1,307,774    87,672    Amortization For The Test Period
      Mar-96                      2             7,306          14,612     (1,300,388) 37.950%                 1,315,000                 7,306        14,612       2,773        2,773       (493,497)      493,497     (36,008)      (2,736)   33,272    D.I.T. Expense For the Test Period
      Apr-96                      3             7,306          21,918     (1,293,082) 37.950%                 1,315,000                 7,306        21,918       2,773        2,773       (490,725)      490,725      36,008        2,736    19,372    Average Deferred Tax Reserve Balance
     May-96                       4             7,306          29,224     (1,285,776) 37.950%                 1,315,000                 7,306        29,224       2,773        2,773       (487,952)      487,952
      Jun-96                      5             7,306          36,530     (1,278,470) 37.950%                 1,315,000                 7,306        36,530       2,773        2,773       (485,179)      485,179   1,315,000    1,315,000         0    Tax Gain (SCHMAT) For The Test Period
       Jul-96                     6             7,306          43,836     (1,271,164) 37.950%                 1,315,000                 7,306        43,836       2,773        2,773       (482,407)      482,407   1,220,102    1,307,774    87,672    Realized Book Gain (SCHMDT) For The Test Period
      Aug-96                      7             7,306          51,142     (1,263,858) 37.950%                 1,315,000                 7,306        51,142       2,773        2,773       (479,634)      479,634
      Sep-96                      8             7,306          58,448     (1,256,552) 37.950%                 1,315,000                 7,306        58,448       2,773        2,773       (476,861)      476,861
      Oct-96                      9             7,306          65,754     (1,249,246) 37.950%                 1,315,000                 7,306        65,754       2,773        2,773       (474,089)      474,089
      Nov-96                      10            7,306          73,060     (1,241,940) 37.950%                 1,315,000                 7,306        73,060       2,773        2,773       (471,316)      471,316
      Dec-96                      11            7,306          80,366     (1,234,634) 37.950%                 1,315,000                 7,306        80,366       2,773        2,773       (468,544)      468,544
      Jan-97                      12            7,306          87,672     (1,227,328) 37.950%                 1,315,000                 7,306        87,672       2,773        2,773       (465,771)      465,771
      Feb-97                      13            7,306          94,978     (1,220,022) 37.950%                 1,315,000                 7,306        94,978       2,773        2,773       (462,998)      462,998
      Mar-97                      14            7,306        102,284      (1,212,716) 37.950%                 1,315,000                 7,306       102,284       2,773        2,773       (460,226)      460,226
      Apr-97                      15            7,306        109,590      (1,205,410) 37.950%                 1,315,000                 7,306       109,590       2,773        2,773       (457,453)      457,453
     May-97                       16            7,306        116,896      (1,198,104) 37.950%                 1,315,000                 7,306       116,896       2,773        2,773       (454,680)      454,680
      Jun-97                      17            7,306        124,202      (1,190,798) 37.950%                 1,315,000                 7,306       124,202       2,773        2,773       (451,908)      451,908
       Jul-97                     18            7,306        131,508      (1,183,492) 37.950%                 1,315,000                 7,306       131,508       2,773        2,773       (449,135)      449,135
      Aug-97                      19            7,306        138,814      (1,176,186) 37.950%                 1,315,000                 7,306       138,814       2,773        2,773       (446,363)      446,363
      Sep-97                      20            7,306        146,120      (1,168,880) 37.950%                 1,315,000                 7,306       146,120       2,773        2,773       (443,590)      443,590
      Oct-97                      21            7,306        153,426      (1,161,574) 37.950%                 1,315,000                 7,306       153,426       2,773        2,773       (440,817)      440,817
      Nov-97                      22            7,306        160,732      (1,154,268) 37.950%                 1,315,000                 7,306       160,732       2,773        2,773       (438,045)      438,045
      Dec-97                      23            7,306        168,038      (1,146,962) 37.950%                 1,315,000                 7,306       168,038       2,773        2,773       (435,272)      435,272
      Jan-98                      24            7,306        175,344      (1,139,656) 37.950%                 1,315,000                 7,306       175,344       2,773        2,773       (432,499)      432,499
      Feb-98                      25            7,306        182,650      (1,132,350) 37.950%                 1,315,000                 7,306       182,650       2,773        2,773       (429,727)      429,727
      Mar-98                      26            7,306        189,956      (1,125,044) 37.950%                 1,315,000                 7,306       189,956       2,773        2,773       (426,954)      426,954
      Apr-98                      27            7,306        197,262      (1,117,738) 37.950%                 1,315,000                 7,306       197,262       2,773        2,773       (424,182)      424,182
     May-98                       28            7,306        204,568      (1,110,432) 37.950%                 1,315,000                 7,306       204,568       2,773        2,773       (421,409)      421,409
      Jun-98                      29            7,306        211,874      (1,103,126) 37.950%                 1,315,000                 7,306       211,874       2,773        2,773       (418,636)      418,636
       Jul-98                     30            7,306        219,180      (1,095,820) 37.950%                 1,315,000                 7,306       219,180       2,773        2,773       (415,864)      415,864
      Aug-98                      31            7,306        226,486      (1,088,514) 37.950%                 1,315,000                 7,306       226,486       2,773        2,773       (413,091)      413,091
      Sep-98                      32            7,306        233,792      (1,081,208) 37.950%                 1,315,000                 7,306       233,792       2,773        2,773       (410,318)      410,318
      Oct-98                      33            7,306        241,098      (1,073,902) 37.950%                 1,315,000                 7,306       241,098       2,773        2,773       (407,546)      407,546
      Nov-98                      34            7,306        248,404      (1,066,596) 37.950%                 1,315,000                 7,306       248,404       2,773        2,773       (404,773)      404,773
      Dec-98                      35            7,306        255,710      (1,059,290) 37.950%                 1,315,000                 7,306       255,710       2,773        2,773       (402,001)      402,001
      Jan-99                      36            7,306        263,016      (1,051,984) 37.950%                 1,315,000                 7,306       263,016       2,773        2,773       (399,228)      399,228
      Feb-99                      37            7,306        270,322      (1,044,678) 37.950%                 1,315,000                 7,306       270,322       2,773        2,773       (396,455)      396,455
      Mar-99                      38            7,306        277,628      (1,037,372) 37.950%                 1,315,000                 7,306       277,628       2,773        2,773       (393,683)      393,683
      Apr-99                      39            7,306        284,934      (1,030,066) 37.950%                 1,315,000                 7,306       284,934       2,773        2,773       (390,910)      390,910
     May-99                       40            7,306        292,240      (1,022,760) 37.950%                 1,315,000                 7,306       292,240       2,773        2,773       (388,137)      388,137
      Jun-99                      41            7,306        299,546      (1,015,454) 37.950%                 1,315,000                 7,306       299,546       2,773        2,773       (385,365)      385,365
       Jul-99                     42            7,306        306,852      (1,008,148) 37.950%                 1,315,000                 7,306       306,852       2,773        2,773       (382,592)      382,592
      Aug-99                      43            7,306        314,158      (1,000,842) 37.950%                 1,315,000                 7,306       314,158       2,773        2,773       (379,820)      379,820
      Sep-99                      44            7,306        321,464        (993,536) 37.950%                 1,315,000                 7,306       321,464       2,773        2,773       (377,047)      377,047
      Oct-99                      45            7,306        328,770        (986,230) 37.950%                 1,315,000                 7,306       328,770       2,773        2,773       (374,274)      374,274
      Nov-99                      46            7,306        336,076        (978,924) 37.950%                 1,315,000                 7,306       336,076       2,773        2,773       (371,502)      371,502
      Dec-99                      47            7,306        343,382        (971,618) 37.950%                 1,315,000                 7,306       343,382       2,773        2,773       (368,729)      368,729
      Jan-00                      48            7,306        350,688        (964,312) 37.950%                 1,315,000                 7,306       350,688       2,773        2,773       (365,956)      365,956
      Feb-00                      49            7,306        357,994        (957,006) 37.950%                 1,315,000                 7,306       357,994       2,773        2,773       (363,184)      363,184
      Mar-00                      50            7,306        365,300        (949,700) 37.950%                 1,315,000                 7,306       365,300       2,773        2,773       (360,411)      360,411
      Apr-00                      51            7,306        372,606        (942,394) 37.950%                 1,315,000                 7,306       372,606       2,773        2,773       (357,639)      357,639
     May-00                       52            7,306        379,912        (935,088) 37.950%                 1,315,000                 7,306       379,912       2,773        2,773       (354,866)      354,866
      Jun-00                      53            7,306        387,218        (927,782) 37.950%                 1,315,000                 7,306       387,218       2,773        2,773       (352,093)      352,093
       Jul-00                     54            7,306        394,524        (920,476) 37.950%                 1,315,000                 7,306       394,524       2,773        2,773       (349,321)      349,321
      Aug-00                      55            7,306        401,830        (913,170) 37.950%                 1,315,000                 7,306       401,830       2,773        2,773       (346,548)      346,548
      Sep-00                      56            7,306        409,136        (905,864) 37.950%                 1,315,000                 7,306       409,136       2,773        2,773       (343,775)      343,775
      Oct-00                      57            7,306        416,442        (898,558) 37.950%                 1,315,000                 7,306       416,442       2,773        2,773       (341,003)      341,003
      Nov-00                      58            7,306        423,748        (891,252) 37.950%                 1,315,000                 7,306       423,748       2,773        2,773       (338,230)      338,230
      Dec-00                      59            7,306        431,054        (883,946) 37.950%                 1,315,000                 7,306       431,054       2,773        2,773       (335,458)      335,458
      Jan-01                      60            7,306        438,360        (876,640) 37.950%                 1,315,000                 7,306       438,360       2,773        2,773       (332,685)      332,685
      Feb-01                      61            7,306        445,666        (869,334) 37.950%                 1,315,000                 7,306       445,666       2,773        2,773       (329,912)      329,912
      Mar-01                      62            7,306        452,972        (862,028) 37.950%                 1,315,000                 7,306       452,972       2,773        2,773       (327,140)      327,140
      Apr-01                      63            7,306        460,278        (854,722) 37.950%                 1,315,000                 7,306       460,278       2,773        2,773       (324,367)      324,367
     May-01                       64            7,306        467,584        (847,416) 37.950%                 1,315,000                 7,306       467,584       2,773        2,773       (321,594)      321,594
      Jun-01                      65            7,306        474,890        (840,110) 37.950%                 1,315,000                 7,306       474,890       2,773        2,773       (318,822)      318,822
       Jul-01                     66            7,306        482,196        (832,804) 37.950%                 1,315,000                 7,306       482,196       2,773        2,773       (316,049)      316,049
      Aug-01                      67            7,306        489,502        (825,498) 37.950%                 1,315,000                 7,306       489,502       2,773        2,773       (313,276)      313,276
      Sep-01                      68            7,306        496,808        (818,192) 37.950%                 1,315,000                 7,306       496,808       2,773        2,773       (310,504)      310,504
      Oct-01                      69            7,306        504,114        (810,886) 37.950%                 1,315,000                 7,306       504,114       2,773        2,773       (307,731)      307,731
      Nov-01                      70            7,306        511,420        (803,580) 37.950%                 1,315,000                 7,306       511,420       2,773        2,773       (304,959)      304,959
      Dec-01                      71            7,306        518,726        (796,274) 37.950%                 1,315,000                 7,306       518,726       2,773        2,773       (302,186)      302,186
      Jan-02                      72            7,306        526,032        (788,968) 37.950%                 1,315,000                 7,306       526,032       2,773        2,773       (299,413)      299,413
      Feb-02                      73            7,306        533,338        (781,662) 37.950%                 1,315,000                 7,306       533,338       2,773        2,773       (296,641)      296,641
      Mar-02                      74            7,306        540,644        (774,356) 37.950%                 1,315,000                 7,306       540,644       2,773        2,773       (293,868)      293,868
      Apr-02                      75            7,306        547,950        (767,050) 37.950%                 1,315,000                 7,306       547,950       2,773        2,773       (291,095)      291,095
     May-02                       76            7,306        555,256        (759,744) 37.950%                 1,315,000                 7,306       555,256       2,773        2,773       (288,323)      288,323
      Jun-02                      77            7,306        562,562        (752,438) 37.950%                 1,315,000                 7,306       562,562       2,773        2,773       (285,550)      285,550
       Jul-02                     78            7,306        569,868        (745,132) 37.950%                 1,315,000                 7,306       569,868       2,773        2,773       (282,778)      282,778
      Aug-02                      79            7,306        577,174        (737,826) 37.950%                 1,315,000                 7,306       577,174       2,773        2,773       (280,005)      280,005


                                                                                                                                                Feb 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Sep-02                       80            7,306         584,480       (730,520) 37.950%                 1,315,000                 7,306        584,480      2,773        2,773       (277,232)      277,232
      Oct-02                       81            7,306         591,786       (723,214) 37.950%                 1,315,000                 7,306        591,786      2,773        2,773       (274,460)      274,460
      Nov-02                       82            7,306         599,092       (715,908) 37.950%                 1,315,000                 7,306        599,092      2,773        2,773       (271,687)      271,687
      Dec-02                       83            7,306         606,398       (708,602) 37.950%                 1,315,000                 7,306        606,398      2,773        2,773       (268,914)      268,914
      Jan-03                       84            7,306         613,704       (701,296) 37.950%                 1,315,000                 7,306        613,704      2,773        2,773       (266,142)      266,142
      Feb-03                       85            7,306         621,010       (693,990) 37.950%                 1,315,000                 7,306        621,010      2,773        2,773       (263,369)      263,369
      Mar-03                       86            7,306         628,316       (686,684) 37.950%                 1,315,000                 7,306        628,316      2,773        2,773       (260,597)      260,597
      Apr-03                       87            7,306         635,622       (679,378) 37.950%                 1,315,000                 7,306        635,622      2,773        2,773       (257,824)      257,824
     May-03                        88            7,306         642,928       (672,072) 37.951%                 1,315,000                 7,306        642,928      2,773        2,773       (255,051)      255,051
      Jun-03                       89            7,306         650,234       (664,766) 37.951%                 1,315,000                 7,306        650,234      2,773        2,773       (252,279)      252,279
       Jul-03                      90            7,306         657,540       (657,460) 37.951%                 1,315,000                 7,306        657,540      2,773        2,773       (249,506)      249,506
      Aug-03                       91            7,306         664,846       (650,154) 37.951%                 1,315,000                 7,306        664,846      2,773        2,773       (246,733)      246,733
      Sep-03                       92            7,306         672,152       (642,848) 37.951%                 1,315,000                 7,306        672,152      2,773        2,773       (243,960)      243,960
      Oct-03                       93            7,306         679,458       (635,542) 37.951%                 1,315,000                 7,306        679,458      2,773        2,773       (241,188)      241,188
      Nov-03                       94            7,306         686,764       (628,236) 37.951%                 1,315,000                 7,306        686,764      2,773        2,773       (238,415)      238,415
      Dec-03                       95            7,306         694,070       (620,930) 37.951%                 1,315,000                 7,306        694,070      2,773        2,773       (235,642)      235,642
      Jan-04                       96            7,306         701,376       (613,624) 37.951%                 1,315,000                 7,306        701,376      2,773        2,773       (232,870)      232,870
      Feb-04                       97            7,306         708,682       (606,318) 37.951%                 1,315,000                 7,306        708,682      2,773        2,773       (230,097)      230,097
      Mar-04                       98            7,306         715,988       (599,012) 37.951%                 1,315,000                 7,306        715,988      2,773        2,773       (227,324)      227,324
      Apr-04                       99            7,306         723,294       (591,706) 37.951%                 1,315,000                 7,306        723,294      2,773        2,773       (224,552)      224,552
     May-04                       100            7,306         730,600       (584,400) 37.951%                 1,315,000                 7,306        730,600      2,773        2,773       (221,779)      221,779
      Jun-04                      101            7,306         737,906       (577,094) 37.951%                 1,315,000                 7,306        737,906      2,773        2,773       (219,006)      219,006
       Jul-04                     102            7,306         745,212       (569,788) 37.951%                 1,315,000                 7,306        745,212      2,773        2,773       (216,233)      216,233
      Aug-04                      103            7,306         752,518       (562,482) 37.951%                 1,315,000                 7,306        752,518      2,773        2,773       (213,461)      213,461
      Sep-04                      104            7,306         759,824       (555,176) 37.951%                 1,315,000                 7,306        759,824      2,773        2,773       (210,688)      210,688
      Oct-04                      105            7,306         767,130       (547,870) 37.951%                 1,315,000                 7,306        767,130      2,773        2,773       (207,915)      207,915
      Nov-04                      106            7,306         774,436       (540,564) 37.951%                 1,315,000                 7,306        774,436      2,773        2,773       (205,143)      205,143
      Dec-04                      107            7,306         781,742       (533,258) 37.951%                 1,315,000                 7,306        781,742      2,773        2,773       (202,370)      202,370
      Jan-05                      108            7,306         789,048       (525,952) 37.951%                 1,315,000                 7,306        789,048      2,773        2,773       (199,597)      199,597
      Feb-05                      109            7,306         796,354       (518,646) 37.951%                 1,315,000                 7,306        796,354      2,773        2,773       (196,825)      196,825
      Mar-05                      110            7,306         803,660       (511,340) 37.951%                 1,315,000                 7,306        803,660      2,773        2,773       (194,052)      194,052
      Apr-05                      111            7,306         810,966       (504,034) 37.951%                 1,315,000                 7,306        810,966      2,773        2,773       (191,279)      191,279
     May-05                       112            7,306         818,272       (496,728) 37.951%                 1,315,000                 7,306        818,272      2,773        2,773       (188,506)      188,506
      Jun-05                      113            7,306         825,578       (489,422) 37.951%                 1,315,000                 7,306        825,578      2,773        2,773       (185,734)      185,734
       Jul-05                     114            7,306         832,884       (482,116) 37.951%                 1,315,000                 7,306        832,884      2,773        2,773       (182,961)      182,961
      Aug-05                      115            7,306         840,190       (474,810) 37.951%                 1,315,000                 7,306        840,190      2,773        2,773       (180,188)      180,188
      Sep-05                      116            7,306         847,496       (467,504) 37.951%                 1,315,000                 7,306        847,496      2,773        2,773       (177,416)      177,416
      Oct-05                      117            7,306         854,802       (460,198) 37.951%                 1,315,000                 7,306        854,802      2,773        2,773       (174,643)      174,643
      Nov-05                      118            7,306         862,108       (452,892) 37.951%                 1,315,000                 7,306        862,108      2,773        2,773       (171,870)      171,870
      Dec-05                      119            7,306         869,414       (445,586) 37.951%                 1,315,000                 7,306        869,414      2,773        2,773       (169,098)      169,098
      Jan-06                      120            7,306         876,720       (438,280) 37.951%                 1,315,000                 7,306        876,720      2,773        2,773       (166,325)      166,325
      Feb-06                      121            7,306         884,026       (430,974) 37.951%                 1,315,000                 7,306        884,026      2,773        2,773       (163,552)      163,552
      Mar-06                      122            7,306         891,332       (423,668) 37.951%                 1,315,000                 7,306        891,332      2,773        2,773       (160,779)      160,779
      Apr-06                      123            7,306         898,638       (416,362) 37.951%                 1,315,000                 7,306        898,638      2,773        2,773       (158,007)      158,007
     May-06                       124            7,306         905,944       (409,056) 37.951%                 1,315,000                 7,306        905,944      2,773        2,773       (155,234)      155,234
      Jun-06                      125            7,306         913,250       (401,750) 37.951%                 1,315,000                 7,306        913,250      2,773        2,773       (152,461)      152,461
       Jul-06                     126            7,306         920,556       (394,444) 37.951%                 1,315,000                 7,306        920,556      2,773        2,773       (149,689)      149,689
      Aug-06                      127            7,306         927,862       (387,138) 37.951%                 1,315,000                 7,306        927,862      2,773        2,773       (146,916)      146,916
      Sep-06                      128            7,306         935,168       (379,832) 37.951%                 1,315,000                 7,306        935,168      2,773        2,773       (144,143)      144,143
      Oct-06                      129            7,306         942,474       (372,526) 37.951%                 1,315,000                 7,306        942,474      2,773        2,773       (141,371)      141,371
      Nov-06                      130            7,306         949,780       (365,220) 37.951%                 1,315,000                 7,306        949,780      2,773        2,773       (138,598)      138,598
      Dec-06                      131            7,306         957,086       (357,914) 37.951%                 1,315,000                 7,306        957,086      2,773        2,773       (135,825)      135,825
      Jan-07                      132            7,306         964,392       (350,608) 37.951%                 1,315,000                 7,306        964,392      2,773        2,773       (133,052)      133,052
      Feb-07                      133            7,306         971,698       (343,302) 37.951%                 1,315,000                 7,306        971,698      2,773        2,773       (130,280)      130,280
      Mar-07                      134            7,306         979,004       (335,996) 37.951%                 1,315,000                 7,306        979,004      2,773        2,773       (127,507)      127,507
      Apr-07                      135            7,306         986,310       (328,690) 37.951%                 1,315,000                 7,306        986,310      2,773        2,773       (124,734)      124,734
     May-07                       136            7,306         993,616       (321,384) 37.951%                 1,315,000                 7,306        993,616      2,773        2,773       (121,962)      121,962
      Jun-07                      137            7,306       1,000,922       (314,078) 37.951%                 1,315,000                 7,306      1,000,922      2,773        2,773       (119,189)      119,189
       Jul-07                     138            7,306       1,008,228       (306,772) 37.951%                 1,315,000                 7,306      1,008,228      2,773        2,773       (116,416)      116,416
      Aug-07                      139            7,306       1,015,534       (299,466) 37.951%                 1,315,000                 7,306      1,015,534      2,773        2,773       (113,644)      113,644
      Sep-07                      140            7,306       1,022,840       (292,160) 37.951%                 1,315,000                 7,306      1,022,840      2,773        2,773       (110,871)      110,871
      Oct-07                      141            7,306       1,030,146       (284,854) 37.951%                 1,315,000                 7,306      1,030,146      2,773        2,773       (108,098)      108,098
      Nov-07                      142            7,306       1,037,452       (277,548) 37.951%                 1,315,000                 7,306      1,037,452      2,773        2,773       (105,325)      105,325
      Dec-07                      143            7,306       1,044,758       (270,242) 37.951%                 1,315,000                 7,306      1,044,758      2,773        2,773       (102,553)      102,553
      Jan-08                      144            7,306       1,052,064       (262,936) 37.951%                 1,315,000                 7,306      1,052,064      2,773        2,773        (99,780)       99,780
      Feb-08                      145            7,306       1,059,370       (255,630) 37.951%                 1,315,000                 7,306      1,059,370      2,773        2,773        (97,007)       97,007
      Mar-08                      146            7,306       1,066,676       (248,324) 37.951%                 1,315,000                 7,306      1,066,676      2,773        2,773        (94,235)       94,235
      Apr-08                      147            7,306       1,073,982       (241,018) 37.951%                 1,315,000                 7,306      1,073,982      2,773        2,773        (91,462)       91,462
     May-08                       148            7,306       1,081,288       (233,712) 37.951%                 1,315,000                 7,306      1,081,288      2,773        2,773        (88,689)       88,689
      Jun-08                      149            7,306       1,088,594       (226,406) 37.951%                 1,315,000                 7,306      1,088,594      2,773        2,773        (85,917)       85,917
       Jul-08                     150            7,306       1,095,900       (219,100) 37.951%                 1,315,000                 7,306      1,095,900      2,773        2,773        (83,144)       83,144
      Aug-08                      151            7,306       1,103,206       (211,794) 37.951%                 1,315,000                 7,306      1,103,206      2,773        2,773        (80,371)       80,371
      Sep-08                      152            7,306       1,110,512       (204,488) 37.951%                 1,315,000                 7,306      1,110,512      2,773        2,773        (77,598)       77,598
      Oct-08                      153            7,306       1,117,818       (197,182) 37.951%                 1,315,000                 7,306      1,117,818      2,773        2,773        (74,826)       74,826
      Nov-08                      154            7,306       1,125,124       (189,876) 37.951%                 1,315,000                 7,306      1,125,124      2,773        2,773        (72,053)       72,053
      Dec-08                      155            7,306       1,132,430       (182,570) 37.951%                 1,315,000                 7,306      1,132,430      2,773        2,773        (69,280)       69,280
      Jan-09                      156            7,306       1,139,736       (175,264) 37.951%                 1,315,000                 7,306      1,139,736      2,773        2,773        (66,508)       66,508
      Feb-09                      157            7,306       1,147,042       (167,958) 37.951%                 1,315,000                 7,306      1,147,042      2,773        2,773        (63,735)       63,735
      Mar-09                      158            7,306       1,154,348       (160,652) 37.951%                 1,315,000                 7,306      1,154,348      2,773        2,773        (60,962)       60,962


                                                                                                                                                 Feb 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Apr-09                          159            7,306       1,161,654         (153,346) 37.951%                 1,315,000                   7,306       1,161,654       2,773         2,773        (58,190)       58,190
     May-09                           160            7,306       1,168,960         (146,040) 37.951%                 1,315,000                   7,306       1,168,960       2,773         2,773        (55,417)       55,417
      Jun-09                          161            7,306       1,176,266         (138,734) 37.951%                 1,315,000                   7,306       1,176,266       2,773         2,773        (52,644)       52,644
       Jul-09                         162            7,306       1,183,572         (131,428) 37.951%                 1,315,000                   7,306       1,183,572       2,773         2,773        (49,871)       49,871
      Aug-09                          163            7,306       1,190,878         (124,122) 37.951%                 1,315,000                   7,306       1,190,878       2,773         2,773        (47,099)       47,099
      Sep-09                          164            7,306       1,198,184         (116,816) 37.951%                 1,315,000                   7,306       1,198,184       2,773         2,773        (44,326)       44,326
      Oct-09                          165            7,306       1,205,490         (109,510) 37.951%                 1,315,000                   7,306       1,205,490       2,773         2,773        (41,553)       41,553
      Nov-09                          166            7,306       1,212,796         (102,204) 37.951%                 1,315,000                   7,306       1,212,796       2,773         2,773        (38,781)       38,781
      Dec-09                          167            7,306       1,220,102          (94,898) 37.951%                 1,315,000                   7,306       1,220,102       2,773         2,773        (36,008)       36,008
      Jan-10                          168            7,306       1,227,408          (87,592) 37.951%                 1,315,000                   7,306       1,227,408       2,773         2,773        (33,235)       33,235
      Feb-10                          169            7,306       1,234,714          (80,286) 37.951%                 1,315,000                   7,306       1,234,714       2,773         2,773        (30,463)       30,463
      Mar-10                          170            7,306       1,242,020          (72,980) 37.951%                 1,315,000                   7,306       1,242,020       2,773         2,773        (27,690)       27,690
      Apr-10                          171            7,306       1,249,326          (65,674) 37.951%                 1,315,000                   7,306       1,249,326       2,773         2,773        (24,917)       24,917
     May-10                           172            7,306       1,256,632          (58,368) 37.951%                 1,315,000                   7,306       1,256,632       2,773         2,773        (22,144)       22,144
      Jun-10                          173            7,306       1,263,938          (51,062) 37.951%                 1,315,000                   7,306       1,263,938       2,773         2,773        (19,372)       19,372
       Jul-10                         174            7,306       1,271,244          (43,756) 37.951%                 1,315,000                   7,306       1,271,244       2,773         2,773        (16,599)       16,599
      Aug-10                          175            7,306       1,278,550          (36,450) 37.951%                 1,315,000                   7,306       1,278,550       2,773         2,773        (13,826)       13,826
      Sep-10                          176            7,306       1,285,856          (29,144) 37.951%                 1,315,000                   7,306       1,285,856       2,773         2,773        (11,054)       11,054
      Oct-10                          177            7,306       1,293,162          (21,838) 37.951%                 1,315,000                   7,306       1,293,162       2,773         2,773         (8,281)        8,281
      Nov-10                          178            7,306       1,300,468          (14,532) 37.951%                 1,315,000                   7,306       1,300,468       2,773         2,773         (5,508)        5,508
      Dec-10                          179            7,306       1,307,774           (7,226) 37.951%                 1,315,000                   7,306       1,307,774       2,773         2,773         (2,736)        2,736
      Jan-11                          180            7,226       1,315,000                0 37.951%                  1,315,000                   7,226       1,315,000       2,742         2,742              7            (7)

        Totals         (1,315,000)              1,315,000                                              1,315,000                   499,043    1,315,000                    499,049            7     (44,661,267)     44,661,267

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                          Feb 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron (1)
     (A)            (B)         (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                    (K)*(G)     (M)-(J)
                                                                                                                                                                           D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain    Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Mar-96        (2,096,250)   1           11,646           11,646     (2,084,604) 37.950% 2,096,250       2,096,250   795,527      11,646        11,646      4,420    (791,107)       (791,107)      791,107   1,933,236    2,072,988    139,752    Amortization For The Test Period
      Apr-96                      2           11,646           23,292     (2,072,958) 37.950%                 2,096,250                11,646        23,292      4,420        4,420       (786,688)      786,688     (61,854)      (8,817)    53,037    D.I.T. Expense For the Test Period
     May-96                       3           11,646           34,938     (2,061,312) 37.950%                 2,096,250                11,646        34,938      4,420        4,420       (782,268)      782,268      61,854        8,817     35,336    Average Deferred Tax Reserve Balance
      Jun-96                      4           11,646           46,584     (2,049,666) 37.950%                 2,096,250                11,646        46,584      4,420        4,420       (777,848)      777,848
       Jul-96                     5           11,646           58,230     (2,038,020) 37.950%                 2,096,250                11,646        58,230      4,420        4,420       (773,429)      773,429   2,096,250    2,096,250          0    Tax Gain (SCHMAT) For The Test Period
      Aug-96                      6           11,646           69,876     (2,026,374) 37.950%                 2,096,250                11,646        69,876      4,420        4,420       (769,009)      769,009   1,933,236    2,072,988    139,752    Realized Book Gain (SCHMDT) For The Test Period
      Sep-96                      7           11,646           81,522     (2,014,728) 37.950%                 2,096,250                11,646        81,522      4,420        4,420       (764,589)      764,589
      Oct-96                      8           11,646           93,168     (2,003,082) 37.950%                 2,096,250                11,646        93,168      4,420        4,420       (760,170)      760,170
      Nov-96                      9           11,646         104,814      (1,991,436) 37.950%                 2,096,250                11,646       104,814      4,420        4,420       (755,750)      755,750
      Dec-96                      10          11,646         116,460      (1,979,790) 37.950%                 2,096,250                11,646       116,460      4,420        4,420       (751,330)      751,330
      Jan-97                      11          11,646         128,106      (1,968,144) 37.950%                 2,096,250                11,646       128,106      4,420        4,420       (746,911)      746,911
      Feb-97                      12          11,646         139,752      (1,956,498) 37.950%                 2,096,250                11,646       139,752      4,420        4,420       (742,491)      742,491
      Mar-97                      13          11,646         151,398      (1,944,852) 37.950%                 2,096,250                11,646       151,398      4,420        4,420       (738,071)      738,071
      Apr-97                      14          11,646         163,044      (1,933,206) 37.950%                 2,096,250                11,646       163,044      4,420        4,420       (733,652)      733,652
     May-97                       15          11,646         174,690      (1,921,560) 37.950%                 2,096,250                11,646       174,690      4,420        4,420       (729,232)      729,232
      Jun-97                      16          11,646         186,336      (1,909,914) 37.950%                 2,096,250                11,646       186,336      4,420        4,420       (724,812)      724,812
       Jul-97                     17          11,646         197,982      (1,898,268) 37.950%                 2,096,250                11,646       197,982      4,420        4,420       (720,393)      720,393
      Aug-97                      18          11,646         209,628      (1,886,622) 37.950%                 2,096,250                11,646       209,628      4,420        4,420       (715,973)      715,973
      Sep-97                      19          11,646         221,274      (1,874,976) 37.950%                 2,096,250                11,646       221,274      4,420        4,420       (711,553)      711,553
      Oct-97                      20          11,646         232,920      (1,863,330) 37.950%                 2,096,250                11,646       232,920      4,420        4,420       (707,134)      707,134
      Nov-97                      21          11,646         244,566      (1,851,684) 37.950%                 2,096,250                11,646       244,566      4,420        4,420       (702,714)      702,714
      Dec-97                      22          11,646         256,212      (1,840,038) 37.950%                 2,096,250                11,646       256,212      4,420        4,420       (698,294)      698,294
      Jan-98                      23          11,646         267,858      (1,828,392) 37.950%                 2,096,250                11,646       267,858      4,420        4,420       (693,875)      693,875
      Feb-98                      24          11,646         279,504      (1,816,746) 37.950%                 2,096,250                11,646       279,504      4,420        4,420       (689,455)      689,455
      Mar-98                      25          11,646         291,150      (1,805,100) 37.950%                 2,096,250                11,646       291,150      4,420        4,420       (685,035)      685,035
      Apr-98                      26          11,646         302,796      (1,793,454) 37.950%                 2,096,250                11,646       302,796      4,420        4,420       (680,616)      680,616
     May-98                       27          11,646         314,442      (1,781,808) 37.950%                 2,096,250                11,646       314,442      4,420        4,420       (676,196)      676,196
      Jun-98                      28          11,646         326,088      (1,770,162) 37.950%                 2,096,250                11,646       326,088      4,420        4,420       (671,776)      671,776
       Jul-98                     29          11,646         337,734      (1,758,516) 37.950%                 2,096,250                11,646       337,734      4,420        4,420       (667,357)      667,357
      Aug-98                      30          11,646         349,380      (1,746,870) 37.950%                 2,096,250                11,646       349,380      4,420        4,420       (662,937)      662,937
      Sep-98                      31          11,646         361,026      (1,735,224) 37.950%                 2,096,250                11,646       361,026      4,420        4,420       (658,518)      658,518
      Oct-98                      32          11,646         372,672      (1,723,578) 37.950%                 2,096,250                11,646       372,672      4,420        4,420       (654,098)      654,098
      Nov-98                      33          11,646         384,318      (1,711,932) 37.950%                 2,096,250                11,646       384,318      4,420        4,420       (649,678)      649,678
      Dec-98                      34          11,646         395,964      (1,700,286) 37.950%                 2,096,250                11,646       395,964      4,420        4,420       (645,259)      645,259
      Jan-99                      35          11,646         407,610      (1,688,640) 37.950%                 2,096,250                11,646       407,610      4,420        4,420       (640,839)      640,839
      Feb-99                      36          11,646         419,256      (1,676,994) 37.950%                 2,096,250                11,646       419,256      4,420        4,420       (636,419)      636,419
      Mar-99                      37          11,646         430,902      (1,665,348) 37.950%                 2,096,250                11,646       430,902      4,420        4,420       (632,000)      632,000
      Apr-99                      38          11,646         442,548      (1,653,702) 37.950%                 2,096,250                11,646       442,548      4,420        4,420       (627,580)      627,580
     May-99                       39          11,646         454,194      (1,642,056) 37.950%                 2,096,250                11,646       454,194      4,420        4,420       (623,160)      623,160
      Jun-99                      40          11,646         465,840      (1,630,410) 37.950%                 2,096,250                11,646       465,840      4,420        4,420       (618,741)      618,741
       Jul-99                     41          11,646         477,486      (1,618,764) 37.950%                 2,096,250                11,646       477,486      4,420        4,420       (614,321)      614,321
      Aug-99                      42          11,646         489,132      (1,607,118) 37.950%                 2,096,250                11,646       489,132      4,420        4,420       (609,901)      609,901
      Sep-99                      43          11,646         500,778      (1,595,472) 37.950%                 2,096,250                11,646       500,778      4,420        4,420       (605,482)      605,482
      Oct-99                      44          11,646         512,424      (1,583,826) 37.950%                 2,096,250                11,646       512,424      4,420        4,420       (601,062)      601,062
      Nov-99                      45          11,646         524,070      (1,572,180) 37.950%                 2,096,250                11,646       524,070      4,420        4,420       (596,642)      596,642
      Dec-99                      46          11,646         535,716      (1,560,534) 37.950%                 2,096,250                11,646       535,716      4,420        4,420       (592,223)      592,223
      Jan-00                      47          11,646         547,362      (1,548,888) 37.950%                 2,096,250                11,646       547,362      4,420        4,420       (587,803)      587,803
      Feb-00                      48          11,646         559,008      (1,537,242) 37.950%                 2,096,250                11,646       559,008      4,420        4,420       (583,383)      583,383
      Mar-00                      49          11,646         570,654      (1,525,596) 37.950%                 2,096,250                11,646       570,654      4,420        4,420       (578,964)      578,964
      Apr-00                      50          11,646         582,300      (1,513,950) 37.950%                 2,096,250                11,646       582,300      4,420        4,420       (574,544)      574,544
     May-00                       51          11,646         593,946      (1,502,304) 37.950%                 2,096,250                11,646       593,946      4,420        4,420       (570,124)      570,124
      Jun-00                      52          11,646         605,592      (1,490,658) 37.950%                 2,096,250                11,646       605,592      4,420        4,420       (565,705)      565,705
       Jul-00                     53          11,646         617,238      (1,479,012) 37.950%                 2,096,250                11,646       617,238      4,420        4,420       (561,285)      561,285
      Aug-00                      54          11,646         628,884      (1,467,366) 37.950%                 2,096,250                11,646       628,884      4,420        4,420       (556,865)      556,865
      Sep-00                      55          11,646         640,530      (1,455,720) 37.950%                 2,096,250                11,646       640,530      4,420        4,420       (552,446)      552,446
      Oct-00                      56          11,646         652,176      (1,444,074) 37.950%                 2,096,250                11,646       652,176      4,420        4,420       (548,026)      548,026
      Nov-00                      57          11,646         663,822      (1,432,428) 37.950%                 2,096,250                11,646       663,822      4,420        4,420       (543,606)      543,606
      Dec-00                      58          11,646         675,468      (1,420,782) 37.950%                 2,096,250                11,646       675,468      4,420        4,420       (539,187)      539,187
      Jan-01                      59          11,646         687,114      (1,409,136) 37.950%                 2,096,250                11,646       687,114      4,420        4,420       (534,767)      534,767
      Feb-01                      60          11,646         698,760      (1,397,490) 37.950%                 2,096,250                11,646       698,760      4,420        4,420       (530,347)      530,347
      Mar-01                      61          11,646         710,406      (1,385,844) 37.950%                 2,096,250                11,646       710,406      4,420        4,420       (525,928)      525,928
      Apr-01                      62          11,646         722,052      (1,374,198) 37.950%                 2,096,250                11,646       722,052      4,420        4,420       (521,508)      521,508
     May-01                       63          11,646         733,698      (1,362,552) 37.950%                 2,096,250                11,646       733,698      4,420        4,420       (517,088)      517,088
      Jun-01                      64          11,646         745,344      (1,350,906) 37.950%                 2,096,250                11,646       745,344      4,420        4,420       (512,669)      512,669
       Jul-01                     65          11,646         756,990      (1,339,260) 37.950%                 2,096,250                11,646       756,990      4,420        4,420       (508,249)      508,249
      Aug-01                      66          11,646         768,636      (1,327,614) 37.950%                 2,096,250                11,646       768,636      4,420        4,420       (503,830)      503,830
      Sep-01                      67          11,646         780,282      (1,315,968) 37.950%                 2,096,250                11,646       780,282      4,420        4,420       (499,410)      499,410
      Oct-01                      68          11,646         791,928      (1,304,322) 37.950%                 2,096,250                11,646       791,928      4,420        4,420       (494,990)      494,990
      Nov-01                      69          11,646         803,574      (1,292,676) 37.950%                 2,096,250                11,646       803,574      4,420        4,420       (490,571)      490,571
      Dec-01                      70          11,646         815,220      (1,281,030) 37.950%                 2,096,250                11,646       815,220      4,420        4,420       (486,151)      486,151
      Jan-02                      71          11,646         826,866      (1,269,384) 37.950%                 2,096,250                11,646       826,866      4,420        4,420       (481,731)      481,731
      Feb-02                      72          11,646         838,512      (1,257,738) 37.950%                 2,096,250                11,646       838,512      4,420        4,420       (477,312)      477,312
      Mar-02                      73          11,646         850,158      (1,246,092) 37.950%                 2,096,250                11,646       850,158      4,420        4,420       (472,892)      472,892
      Apr-02                      74          11,646         861,804      (1,234,446) 37.950%                 2,096,250                11,646       861,804      4,420        4,420       (468,472)      468,472
     May-02                       75          11,646         873,450      (1,222,800) 37.950%                 2,096,250                11,646       873,450      4,420        4,420       (464,053)      464,053
      Jun-02                      76          11,646         885,096      (1,211,154) 37.950%                 2,096,250                11,646       885,096      4,420        4,420       (459,633)      459,633
       Jul-02                     77          11,646         896,742      (1,199,508) 37.950%                 2,096,250                11,646       896,742      4,420        4,420       (455,213)      455,213
      Aug-02                      78          11,646         908,388      (1,187,862) 37.950%                 2,096,250                11,646       908,388      4,420        4,420       (450,794)      450,794
      Sep-02                      79          11,646         920,034      (1,176,216) 37.950%                 2,096,250                11,646       920,034      4,420        4,420       (446,374)      446,374


                                                                                                                                                Mar 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron (1)
     (A)            (B)         (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Oct-02                       80          11,646          931,680     (1,164,570) 37.950%                 2,096,250                11,646        931,680      4,420        4,420       (441,954)      441,954
      Nov-02                       81          11,646          943,326     (1,152,924) 37.950%                 2,096,250                11,646        943,326      4,420        4,420       (437,535)      437,535
      Dec-02                       82          11,646          954,972     (1,141,278) 37.950%                 2,096,250                11,646        954,972      4,420        4,420       (433,115)      433,115
      Jan-03                       83          11,646          966,618     (1,129,632) 37.950%                 2,096,250                11,646        966,618      4,420        4,420       (428,695)      428,695
      Feb-03                       84          11,646          978,264     (1,117,986) 37.950%                 2,096,250                11,646        978,264      4,420        4,420       (424,276)      424,276
      Mar-03                       85          11,646          989,910     (1,106,340) 37.950%                 2,096,250                11,646        989,910      4,420        4,420       (419,856)      419,856
      Apr-03                       86          11,646        1,001,556     (1,094,694) 37.950%                 2,096,250                11,646      1,001,556      4,420        4,420       (415,436)      415,436
     May-03                        87          11,646        1,013,202     (1,083,048) 37.951%                 2,096,250                11,646      1,013,202      4,420        4,420       (411,017)      411,017
      Jun-03                       88          11,646        1,024,848     (1,071,402) 37.951%                 2,096,250                11,646      1,024,848      4,420        4,420       (406,597)      406,597
       Jul-03                      89          11,646        1,036,494     (1,059,756) 37.951%                 2,096,250                11,646      1,036,494      4,420        4,420       (402,177)      402,177
      Aug-03                       90          11,646        1,048,140     (1,048,110) 37.951%                 2,096,250                11,646      1,048,140      4,420        4,420       (397,757)      397,757
      Sep-03                       91          11,646        1,059,786     (1,036,464) 37.951%                 2,096,250                11,646      1,059,786      4,420        4,420       (393,338)      393,338
      Oct-03                       92          11,646        1,071,432     (1,024,818) 37.951%                 2,096,250                11,646      1,071,432      4,420        4,420       (388,918)      388,918
      Nov-03                       93          11,646        1,083,078     (1,013,172) 37.951%                 2,096,250                11,646      1,083,078      4,420        4,420       (384,498)      384,498
      Dec-03                       94          11,646        1,094,724     (1,001,526) 37.951%                 2,096,250                11,646      1,094,724      4,420        4,420       (380,078)      380,078
      Jan-04                       95          11,646        1,106,370       (989,880) 37.951%                 2,096,250                11,646      1,106,370      4,420        4,420       (375,658)      375,658
      Feb-04                       96          11,646        1,118,016       (978,234) 37.951%                 2,096,250                11,646      1,118,016      4,420        4,420       (371,239)      371,239
      Mar-04                       97          11,646        1,129,662       (966,588) 37.951%                 2,096,250                11,646      1,129,662      4,420        4,420       (366,819)      366,819
      Apr-04                       98          11,646        1,141,308       (954,942) 37.951%                 2,096,250                11,646      1,141,308      4,420        4,420       (362,399)      362,399
     May-04                        99          11,646        1,152,954       (943,296) 37.951%                 2,096,250                11,646      1,152,954      4,420        4,420       (357,979)      357,979
      Jun-04                      100          11,646        1,164,600       (931,650) 37.951%                 2,096,250                11,646      1,164,600      4,420        4,420       (353,560)      353,560
       Jul-04                     101          11,646        1,176,246       (920,004) 37.951%                 2,096,250                11,646      1,176,246      4,420        4,420       (349,140)      349,140
      Aug-04                      102          11,646        1,187,892       (908,358) 37.951%                 2,096,250                11,646      1,187,892      4,420        4,420       (344,720)      344,720
      Sep-04                      103          11,646        1,199,538       (896,712) 37.951%                 2,096,250                11,646      1,199,538      4,420        4,420       (340,300)      340,300
      Oct-04                      104          11,646        1,211,184       (885,066) 37.951%                 2,096,250                11,646      1,211,184      4,420        4,420       (335,880)      335,880
      Nov-04                      105          11,646        1,222,830       (873,420) 37.951%                 2,096,250                11,646      1,222,830      4,420        4,420       (331,461)      331,461
      Dec-04                      106          11,646        1,234,476       (861,774) 37.951%                 2,096,250                11,646      1,234,476      4,420        4,420       (327,041)      327,041
      Jan-05                      107          11,646        1,246,122       (850,128) 37.951%                 2,096,250                11,646      1,246,122      4,420        4,420       (322,621)      322,621
      Feb-05                      108          11,646        1,257,768       (838,482) 37.951%                 2,096,250                11,646      1,257,768      4,420        4,420       (318,201)      318,201
      Mar-05                      109          11,646        1,269,414       (826,836) 37.951%                 2,096,250                11,646      1,269,414      4,420        4,420       (313,782)      313,782
      Apr-05                      110          11,646        1,281,060       (815,190) 37.951%                 2,096,250                11,646      1,281,060      4,420        4,420       (309,362)      309,362
     May-05                       111          11,646        1,292,706       (803,544) 37.951%                 2,096,250                11,646      1,292,706      4,420        4,420       (304,942)      304,942
      Jun-05                      112          11,646        1,304,352       (791,898) 37.951%                 2,096,250                11,646      1,304,352      4,420        4,420       (300,522)      300,522
       Jul-05                     113          11,646        1,315,998       (780,252) 37.951%                 2,096,250                11,646      1,315,998      4,420        4,420       (296,102)      296,102
      Aug-05                      114          11,646        1,327,644       (768,606) 37.951%                 2,096,250                11,646      1,327,644      4,420        4,420       (291,683)      291,683
      Sep-05                      115          11,646        1,339,290       (756,960) 37.951%                 2,096,250                11,646      1,339,290      4,420        4,420       (287,263)      287,263
      Oct-05                      116          11,646        1,350,936       (745,314) 37.951%                 2,096,250                11,646      1,350,936      4,420        4,420       (282,843)      282,843
      Nov-05                      117          11,646        1,362,582       (733,668) 37.951%                 2,096,250                11,646      1,362,582      4,420        4,420       (278,423)      278,423
      Dec-05                      118          11,646        1,374,228       (722,022) 37.951%                 2,096,250                11,646      1,374,228      4,420        4,420       (274,004)      274,004
      Jan-06                      119          11,646        1,385,874       (710,376) 37.951%                 2,096,250                11,646      1,385,874      4,420        4,420       (269,584)      269,584
      Feb-06                      120          11,646        1,397,520       (698,730) 37.951%                 2,096,250                11,646      1,397,520      4,420        4,420       (265,164)      265,164
      Mar-06                      121          11,646        1,409,166       (687,084) 37.951%                 2,096,250                11,646      1,409,166      4,420        4,420       (260,744)      260,744
      Apr-06                      122          11,646        1,420,812       (675,438) 37.951%                 2,096,250                11,646      1,420,812      4,420        4,420       (256,325)      256,325
     May-06                       123          11,646        1,432,458       (663,792) 37.951%                 2,096,250                11,646      1,432,458      4,420        4,420       (251,905)      251,905
      Jun-06                      124          11,646        1,444,104       (652,146) 37.951%                 2,096,250                11,646      1,444,104      4,420        4,420       (247,485)      247,485
       Jul-06                     125          11,646        1,455,750       (640,500) 37.951%                 2,096,250                11,646      1,455,750      4,420        4,420       (243,065)      243,065
      Aug-06                      126          11,646        1,467,396       (628,854) 37.951%                 2,096,250                11,646      1,467,396      4,420        4,420       (238,645)      238,645
      Sep-06                      127          11,646        1,479,042       (617,208) 37.951%                 2,096,250                11,646      1,479,042      4,420        4,420       (234,226)      234,226
      Oct-06                      128          11,646        1,490,688       (605,562) 37.951%                 2,096,250                11,646      1,490,688      4,420        4,420       (229,806)      229,806
      Nov-06                      129          11,646        1,502,334       (593,916) 37.951%                 2,096,250                11,646      1,502,334      4,420        4,420       (225,386)      225,386
      Dec-06                      130          11,646        1,513,980       (582,270) 37.951%                 2,096,250                11,646      1,513,980      4,420        4,420       (220,966)      220,966
      Jan-07                      131          11,646        1,525,626       (570,624) 37.951%                 2,096,250                11,646      1,525,626      4,420        4,420       (216,547)      216,547
      Feb-07                      132          11,646        1,537,272       (558,978) 37.951%                 2,096,250                11,646      1,537,272      4,420        4,420       (212,127)      212,127
      Mar-07                      133          11,646        1,548,918       (547,332) 37.951%                 2,096,250                11,646      1,548,918      4,420        4,420       (207,707)      207,707
      Apr-07                      134          11,646        1,560,564       (535,686) 37.951%                 2,096,250                11,646      1,560,564      4,420        4,420       (203,287)      203,287
     May-07                       135          11,646        1,572,210       (524,040) 37.951%                 2,096,250                11,646      1,572,210      4,420        4,420       (198,867)      198,867
      Jun-07                      136          11,646        1,583,856       (512,394) 37.951%                 2,096,250                11,646      1,583,856      4,420        4,420       (194,448)      194,448
       Jul-07                     137          11,646        1,595,502       (500,748) 37.951%                 2,096,250                11,646      1,595,502      4,420        4,420       (190,028)      190,028
      Aug-07                      138          11,646        1,607,148       (489,102) 37.951%                 2,096,250                11,646      1,607,148      4,420        4,420       (185,608)      185,608
      Sep-07                      139          11,646        1,618,794       (477,456) 37.951%                 2,096,250                11,646      1,618,794      4,420        4,420       (181,188)      181,188
      Oct-07                      140          11,646        1,630,440       (465,810) 37.951%                 2,096,250                11,646      1,630,440      4,420        4,420       (176,769)      176,769
      Nov-07                      141          11,646        1,642,086       (454,164) 37.951%                 2,096,250                11,646      1,642,086      4,420        4,420       (172,349)      172,349
      Dec-07                      142          11,646        1,653,732       (442,518) 37.951%                 2,096,250                11,646      1,653,732      4,420        4,420       (167,929)      167,929
      Jan-08                      143          11,646        1,665,378       (430,872) 37.951%                 2,096,250                11,646      1,665,378      4,420        4,420       (163,509)      163,509
      Feb-08                      144          11,646        1,677,024       (419,226) 37.951%                 2,096,250                11,646      1,677,024      4,420        4,420       (159,090)      159,090
      Mar-08                      145          11,646        1,688,670       (407,580) 37.951%                 2,096,250                11,646      1,688,670      4,420        4,420       (154,670)      154,670
      Apr-08                      146          11,646        1,700,316       (395,934) 37.951%                 2,096,250                11,646      1,700,316      4,420        4,420       (150,250)      150,250
     May-08                       147          11,646        1,711,962       (384,288) 37.951%                 2,096,250                11,646      1,711,962      4,420        4,420       (145,830)      145,830
      Jun-08                      148          11,646        1,723,608       (372,642) 37.951%                 2,096,250                11,646      1,723,608      4,420        4,420       (141,410)      141,410
       Jul-08                     149          11,646        1,735,254       (360,996) 37.951%                 2,096,250                11,646      1,735,254      4,420        4,420       (136,991)      136,991
      Aug-08                      150          11,646        1,746,900       (349,350) 37.951%                 2,096,250                11,646      1,746,900      4,420        4,420       (132,571)      132,571
      Sep-08                      151          11,646        1,758,546       (337,704) 37.951%                 2,096,250                11,646      1,758,546      4,420        4,420       (128,151)      128,151
      Oct-08                      152          11,646        1,770,192       (326,058) 37.951%                 2,096,250                11,646      1,770,192      4,420        4,420       (123,731)      123,731
      Nov-08                      153          11,646        1,781,838       (314,412) 37.951%                 2,096,250                11,646      1,781,838      4,420        4,420       (119,312)      119,312
      Dec-08                      154          11,646        1,793,484       (302,766) 37.951%                 2,096,250                11,646      1,793,484      4,420        4,420       (114,892)      114,892
      Jan-09                      155          11,646        1,805,130       (291,120) 37.951%                 2,096,250                11,646      1,805,130      4,420        4,420       (110,472)      110,472
      Feb-09                      156          11,646        1,816,776       (279,474) 37.951%                 2,096,250                11,646      1,816,776      4,420        4,420       (106,052)      106,052
      Mar-09                      157          11,646        1,828,422       (267,828) 37.951%                 2,096,250                11,646      1,828,422      4,420        4,420       (101,632)      101,632
      Apr-09                      158          11,646        1,840,068       (256,182) 37.951%                 2,096,250                11,646      1,840,068      4,420        4,420        (97,213)       97,213


                                                                                                                                                 Mar 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron (1)
     (A)            (B)         (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
     May-09                           159          11,646        1,851,714         (244,536) 37.951%                 2,096,250                  11,646       1,851,714       4,420         4,420        (92,793)       92,793
      Jun-09                          160          11,646        1,863,360         (232,890) 37.951%                 2,096,250                  11,646       1,863,360       4,420         4,420        (88,373)       88,373
       Jul-09                         161          11,646        1,875,006         (221,244) 37.951%                 2,096,250                  11,646       1,875,006       4,420         4,420        (83,953)       83,953
      Aug-09                          162          11,646        1,886,652         (209,598) 37.951%                 2,096,250                  11,646       1,886,652       4,420         4,420        (79,534)       79,534
      Sep-09                          163          11,646        1,898,298         (197,952) 37.951%                 2,096,250                  11,646       1,898,298       4,420         4,420        (75,114)       75,114
      Oct-09                          164          11,646        1,909,944         (186,306) 37.951%                 2,096,250                  11,646       1,909,944       4,420         4,420        (70,694)       70,694
      Nov-09                          165          11,646        1,921,590         (174,660) 37.951%                 2,096,250                  11,646       1,921,590       4,420         4,420        (66,274)       66,274
      Dec-09                          166          11,646        1,933,236         (163,014) 37.951%                 2,096,250                  11,646       1,933,236       4,420         4,420        (61,854)       61,854
      Jan-10                          167          11,646        1,944,882         (151,368) 37.951%                 2,096,250                  11,646       1,944,882       4,420         4,420        (57,435)       57,435
      Feb-10                          168          11,646        1,956,528         (139,722) 37.951%                 2,096,250                  11,646       1,956,528       4,420         4,420        (53,015)       53,015
      Mar-10                          169          11,646        1,968,174         (128,076) 37.951%                 2,096,250                  11,646       1,968,174       4,420         4,420        (48,595)       48,595
      Apr-10                          170          11,646        1,979,820         (116,430) 37.951%                 2,096,250                  11,646       1,979,820       4,420         4,420        (44,175)       44,175
     May-10                           171          11,646        1,991,466         (104,784) 37.951%                 2,096,250                  11,646       1,991,466       4,420         4,420        (39,756)       39,756
      Jun-10                          172          11,646        2,003,112          (93,138) 37.951%                 2,096,250                  11,646       2,003,112       4,420         4,420        (35,336)       35,336
       Jul-10                         173          11,646        2,014,758          (81,492) 37.951%                 2,096,250                  11,646       2,014,758       4,420         4,420        (30,916)       30,916
      Aug-10                          174          11,646        2,026,404          (69,846) 37.951%                 2,096,250                  11,646       2,026,404       4,420         4,420        (26,496)       26,496
      Sep-10                          175          11,646        2,038,050          (58,200) 37.951%                 2,096,250                  11,646       2,038,050       4,420         4,420        (22,077)       22,077
      Oct-10                          176          11,646        2,049,696          (46,554) 37.951%                 2,096,250                  11,646       2,049,696       4,420         4,420        (17,657)       17,657
      Nov-10                          177          11,646        2,061,342          (34,908) 37.951%                 2,096,250                  11,646       2,061,342       4,420         4,420        (13,237)       13,237
      Dec-10                          178          11,646        2,072,988          (23,262) 37.951%                 2,096,250                  11,646       2,072,988       4,420         4,420         (8,817)        8,817
      Jan-11                          179          11,646        2,084,634          (11,616) 37.951%                 2,096,250                  11,646       2,084,634       4,420         4,420         (4,397)        4,397
      Feb-11                          180          11,616        2,096,250                0 37.951%                  2,096,250                  11,616       2,096,250       4,408         4,408             11           (11)

        Totals         (2,096,250)              2,096,250                                              2,096,250                   795,527    2,096,250                    795,538           11     (71,198,116)     71,198,116

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                          Mar 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)            (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]      (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                              D.I.T.        D.I.T.
                                          Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense        Expense       Reserve        Dec-09     Dec-10     Total
      Apr-96         (268,000)   1             1,489           1,489       (266,511)   37.950%      268,000       268,000   101,706       1,489          1,489        565    (101,141)       (101,141)     101,141    245,685    263,553    17,868    Amortization For The Test Period
      May-96                     2             1,489           2,978       (265,022)   37.950%                    268,000                 1,489          2,978        565          565       (100,576)     100,576     (8,467)    (1,686)    6,781    D.I.T. Expense For the Test Period
      Jun-96                     3             1,489           4,467       (263,533)   37.950%                    268,000                 1,489          4,467        565          565       (100,011)     100,011      8,467      1,686     5,077    Average Deferred Tax Reserve Balance
       Jul-96                    4             1,489           5,956       (262,044)   37.950%                    268,000                 1,489          5,956        565          565        (99,446)       99,446
      Aug-96                     5             1,489           7,445       (260,555)   37.950%                    268,000                 1,489          7,445        565          565        (98,881)       98,881   268,000    268,000         0    Tax Gain (SCHMAT) For The Test Period
      Sep-96                     6             1,489           8,934       (259,066)   37.950%                    268,000                 1,489          8,934        565          565        (98,316)       98,316   245,685    263,553    17,868    Realized Book Gain (SCHMDT) For The Test Period
      Oct-96                     7             1,489         10,423        (257,577)   37.950%                    268,000                 1,489         10,423        565          565        (97,750)       97,750
      Nov-96                     8             1,489         11,912        (256,088)   37.950%                    268,000                 1,489         11,912        565          565        (97,185)       97,185
      Dec-96                     9             1,489         13,401        (254,599)   37.950%                    268,000                 1,489         13,401        565          565        (96,620)       96,620
      Jan-97                     10            1,489         14,890        (253,110)   37.950%                    268,000                 1,489         14,890        565          565        (96,055)       96,055
      Feb-97                     11            1,489         16,379        (251,621)   37.950%                    268,000                 1,489         16,379        565          565        (95,490)       95,490
      Mar-97                     12            1,489         17,868        (250,132)   37.950%                    268,000                 1,489         17,868        565          565        (94,925)       94,925
      Apr-97                     13            1,489         19,357        (248,643)   37.950%                    268,000                 1,489         19,357        565          565        (94,360)       94,360
      May-97                     14            1,489         20,846        (247,154)   37.950%                    268,000                 1,489         20,846        565          565        (93,795)       93,795
      Jun-97                     15            1,489         22,335        (245,665)   37.950%                    268,000                 1,489         22,335        565          565        (93,230)       93,230
       Jul-97                    16            1,489         23,824        (244,176)   37.950%                    268,000                 1,489         23,824        565          565        (92,665)       92,665
      Aug-97                     17            1,489         25,313        (242,687)   37.950%                    268,000                 1,489         25,313        565          565        (92,100)       92,100
      Sep-97                     18            1,489         26,802        (241,198)   37.950%                    268,000                 1,489         26,802        565          565        (91,535)       91,535
      Oct-97                     19            1,489         28,291        (239,709)   37.950%                    268,000                 1,489         28,291        565          565        (90,970)       90,970
      Nov-97                     20            1,489         29,780        (238,220)   37.950%                    268,000                 1,489         29,780        565          565        (90,404)       90,404
      Dec-97                     21            1,489         31,269        (236,731)   37.950%                    268,000                 1,489         31,269        565          565        (89,839)       89,839
      Jan-98                     22            1,489         32,758        (235,242)   37.950%                    268,000                 1,489         32,758        565          565        (89,274)       89,274
      Feb-98                     23            1,489         34,247        (233,753)   37.950%                    268,000                 1,489         34,247        565          565        (88,709)       88,709
      Mar-98                     24            1,489         35,736        (232,264)   37.950%                    268,000                 1,489         35,736        565          565        (88,144)       88,144
      Apr-98                     25            1,489         37,225        (230,775)   37.950%                    268,000                 1,489         37,225        565          565        (87,579)       87,579
      May-98                     26            1,489         38,714        (229,286)   37.950%                    268,000                 1,489         38,714        565          565        (87,014)       87,014
      Jun-98                     27            1,489         40,203        (227,797)   37.950%                    268,000                 1,489         40,203        565          565        (86,449)       86,449
       Jul-98                    28            1,489         41,692        (226,308)   37.950%                    268,000                 1,489         41,692        565          565        (85,884)       85,884
      Aug-98                     29            1,489         43,181        (224,819)   37.950%                    268,000                 1,489         43,181        565          565        (85,319)       85,319
      Sep-98                     30            1,489         44,670        (223,330)   37.950%                    268,000                 1,489         44,670        565          565        (84,754)       84,754
      Oct-98                     31            1,489         46,159        (221,841)   37.950%                    268,000                 1,489         46,159        565          565        (84,189)       84,189
      Nov-98                     32            1,489         47,648        (220,352)   37.950%                    268,000                 1,489         47,648        565          565        (83,624)       83,624
      Dec-98                     33            1,489         49,137        (218,863)   37.950%                    268,000                 1,489         49,137        565          565        (83,059)       83,059
      Jan-99                     34            1,489         50,626        (217,374)   37.950%                    268,000                 1,489         50,626        565          565        (82,493)       82,493
      Feb-99                     35            1,489         52,115        (215,885)   37.950%                    268,000                 1,489         52,115        565          565        (81,928)       81,928
      Mar-99                     36            1,489         53,604        (214,396)   37.950%                    268,000                 1,489         53,604        565          565        (81,363)       81,363
      Apr-99                     37            1,489         55,093        (212,907)   37.950%                    268,000                 1,489         55,093        565          565        (80,798)       80,798
      May-99                     38            1,489         56,582        (211,418)   37.950%                    268,000                 1,489         56,582        565          565        (80,233)       80,233
      Jun-99                     39            1,489         58,071        (209,929)   37.950%                    268,000                 1,489         58,071        565          565        (79,668)       79,668
       Jul-99                    40            1,489         59,560        (208,440)   37.950%                    268,000                 1,489         59,560        565          565        (79,103)       79,103
      Aug-99                     41            1,489         61,049        (206,951)   37.950%                    268,000                 1,489         61,049        565          565        (78,538)       78,538
      Sep-99                     42            1,489         62,538        (205,462)   37.950%                    268,000                 1,489         62,538        565          565        (77,973)       77,973
      Oct-99                     43            1,489         64,027        (203,973)   37.950%                    268,000                 1,489         64,027        565          565        (77,408)       77,408
      Nov-99                     44            1,489         65,516        (202,484)   37.950%                    268,000                 1,489         65,516        565          565        (76,843)       76,843
      Dec-99                     45            1,489         67,005        (200,995)   37.950%                    268,000                 1,489         67,005        565          565        (76,278)       76,278
      Jan-00                     46            1,489         68,494        (199,506)   37.950%                    268,000                 1,489         68,494        565          565        (75,713)       75,713
      Feb-00                     47            1,489         69,983        (198,017)   37.950%                    268,000                 1,489         69,983        565          565        (75,147)       75,147
      Mar-00                     48            1,489         71,472        (196,528)   37.950%                    268,000                 1,489         71,472        565          565        (74,582)       74,582
      Apr-00                     49            1,489         72,961        (195,039)   37.950%                    268,000                 1,489         72,961        565          565        (74,017)       74,017
      May-00                     50            1,489         74,450        (193,550)   37.950%                    268,000                 1,489         74,450        565          565        (73,452)       73,452
      Jun-00                     51            1,489         75,939        (192,061)   37.950%                    268,000                 1,489         75,939        565          565        (72,887)       72,887
       Jul-00                    52            1,489         77,428        (190,572)   37.950%                    268,000                 1,489         77,428        565          565        (72,322)       72,322
      Aug-00                     53            1,489         78,917        (189,083)   37.950%                    268,000                 1,489         78,917        565          565        (71,757)       71,757
      Sep-00                     54            1,489         80,406        (187,594)   37.950%                    268,000                 1,489         80,406        565          565        (71,192)       71,192
      Oct-00                     55            1,489         81,895        (186,105)   37.950%                    268,000                 1,489         81,895        565          565        (70,627)       70,627
      Nov-00                     56            1,489         83,384        (184,616)   37.950%                    268,000                 1,489         83,384        565          565        (70,062)       70,062
      Dec-00                     57            1,489         84,873        (183,127)   37.950%                    268,000                 1,489         84,873        565          565        (69,497)       69,497
      Jan-01                     58            1,489         86,362        (181,638)   37.950%                    268,000                 1,489         86,362        565          565        (68,932)       68,932
      Feb-01                     59            1,489         87,851        (180,149)   37.950%                    268,000                 1,489         87,851        565          565        (68,367)       68,367
      Mar-01                     60            1,489         89,340        (178,660)   37.950%                    268,000                 1,489         89,340        565          565        (67,801)       67,801
      Apr-01                     61            1,489         90,829        (177,171)   37.950%                    268,000                 1,489         90,829        565          565        (67,236)       67,236
      May-01                     62            1,489         92,318        (175,682)   37.950%                    268,000                 1,489         92,318        565          565        (66,671)       66,671
      Jun-01                     63            1,489         93,807        (174,193)   37.950%                    268,000                 1,489         93,807        565          565        (66,106)       66,106
       Jul-01                    64            1,489         95,296        (172,704)   37.950%                    268,000                 1,489         95,296        565          565        (65,541)       65,541
      Aug-01                     65            1,489         96,785        (171,215)   37.950%                    268,000                 1,489         96,785        565          565        (64,976)       64,976
      Sep-01                     66            1,489         98,274        (169,726)   37.950%                    268,000                 1,489         98,274        565          565        (64,411)       64,411
      Oct-01                     67            1,489         99,763        (168,237)   37.950%                    268,000                 1,489         99,763        565          565        (63,846)       63,846
      Nov-01                     68            1,489        101,252        (166,748)   37.950%                    268,000                 1,489        101,252        565          565        (63,281)       63,281
      Dec-01                     69            1,489        102,741        (165,259)   37.950%                    268,000                 1,489        102,741        565          565        (62,716)       62,716
      Jan-02                     70            1,489        104,230        (163,770)   37.950%                    268,000                 1,489        104,230        565          565        (62,151)       62,151
      Feb-02                     71            1,489        105,719        (162,281)   37.950%                    268,000                 1,489        105,719        565          565        (61,586)       61,586
      Mar-02                     72            1,489        107,208        (160,792)   37.950%                    268,000                 1,489        107,208        565          565        (61,021)       61,021
      Apr-02                     73            1,489        108,697        (159,303)   37.950%                    268,000                 1,489        108,697        565          565        (60,455)       60,455
      May-02                     74            1,489        110,186        (157,814)   37.950%                    268,000                 1,489        110,186        565          565        (59,890)       59,890
      Jun-02                     75            1,489        111,675        (156,325)   37.950%                    268,000                 1,489        111,675        565          565        (59,325)       59,325
       Jul-02                    76            1,489        113,164        (154,836)   37.950%                    268,000                 1,489        113,164        565          565        (58,760)       58,760
      Aug-02                     77            1,489        114,653        (153,347)   37.950%                    268,000                 1,489        114,653        565          565        (58,195)       58,195


                                                                                                                                                  Apr 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)              (E)           (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.        D.I.T.
                                            Monthly      Accumulated    Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Sep-02                       78            1,489        116,142       (151,858)   37.950%                    268,000                 1,489        116,142        565          565        (57,630)       57,630
      Oct-02                       79            1,489        117,631       (150,369)   37.950%                    268,000                 1,489        117,631        565          565        (57,065)       57,065
      Nov-02                       80            1,489        119,120       (148,880)   37.950%                    268,000                 1,489        119,120        565          565        (56,500)       56,500
      Dec-02                       81            1,489        120,609       (147,391)   37.950%                    268,000                 1,489        120,609        565          565        (55,935)       55,935
      Jan-03                       82            1,489        122,098       (145,902)   37.950%                    268,000                 1,489        122,098        565          565        (55,370)       55,370
      Feb-03                       83            1,489        123,587       (144,413)   37.950%                    268,000                 1,489        123,587        565          565        (54,805)       54,805
      Mar-03                       84            1,489        125,076       (142,924)   37.950%                    268,000                 1,489        125,076        565          565        (54,240)       54,240
      Apr-03                       85            1,489        126,565       (141,435)   37.950%                    268,000                 1,489        126,565        565          565        (53,675)       53,675
      May-03                       86            1,489        128,054       (139,946)   37.951%                    268,000                 1,489        128,054        565          565        (53,109)       53,109
      Jun-03                       87            1,489        129,543       (138,457)   37.951%                    268,000                 1,489        129,543        565          565        (52,544)       52,544
       Jul-03                      88            1,489        131,032       (136,968)   37.951%                    268,000                 1,489        131,032        565          565        (51,979)       51,979
      Aug-03                       89            1,489        132,521       (135,479)   37.951%                    268,000                 1,489        132,521        565          565        (51,414)       51,414
      Sep-03                       90            1,489        134,010       (133,990)   37.951%                    268,000                 1,489        134,010        565          565        (50,849)       50,849
      Oct-03                       91            1,489        135,499       (132,501)   37.951%                    268,000                 1,489        135,499        565          565        (50,284)       50,284
      Nov-03                       92            1,489        136,988       (131,012)   37.951%                    268,000                 1,489        136,988        565          565        (49,719)       49,719
      Dec-03                       93            1,489        138,477       (129,523)   37.951%                    268,000                 1,489        138,477        565          565        (49,154)       49,154
      Jan-04                       94            1,489        139,966       (128,034)   37.951%                    268,000                 1,489        139,966        565          565        (48,589)       48,589
      Feb-04                       95            1,489        141,455       (126,545)   37.951%                    268,000                 1,489        141,455        565          565        (48,024)       48,024
      Mar-04                       96            1,489        142,944       (125,056)   37.951%                    268,000                 1,489        142,944        565          565        (47,459)       47,459
      Apr-04                       97            1,489        144,433       (123,567)   37.951%                    268,000                 1,489        144,433        565          565        (46,893)       46,893
      May-04                       98            1,489        145,922       (122,078)   37.951%                    268,000                 1,489        145,922        565          565        (46,328)       46,328
      Jun-04                       99            1,489        147,411       (120,589)   37.951%                    268,000                 1,489        147,411        565          565        (45,763)       45,763
       Jul-04                     100            1,489        148,900       (119,100)   37.951%                    268,000                 1,489        148,900        565          565        (45,198)       45,198
      Aug-04                      101            1,489        150,389       (117,611)   37.951%                    268,000                 1,489        150,389        565          565        (44,633)       44,633
      Sep-04                      102            1,489        151,878       (116,122)   37.951%                    268,000                 1,489        151,878        565          565        (44,068)       44,068
      Oct-04                      103            1,489        153,367       (114,633)   37.951%                    268,000                 1,489        153,367        565          565        (43,503)       43,503
      Nov-04                      104            1,489        154,856       (113,144)   37.951%                    268,000                 1,489        154,856        565          565        (42,938)       42,938
      Dec-04                      105            1,489        156,345       (111,655)   37.951%                    268,000                 1,489        156,345        565          565        (42,373)       42,373
      Jan-05                      106            1,489        157,834       (110,166)   37.951%                    268,000                 1,489        157,834        565          565        (41,808)       41,808
      Feb-05                      107            1,489        159,323       (108,677)   37.951%                    268,000                 1,489        159,323        565          565        (41,243)       41,243
      Mar-05                      108            1,489        160,812       (107,188)   37.951%                    268,000                 1,489        160,812        565          565        (40,678)       40,678
      Apr-05                      109            1,489        162,301       (105,699)   37.951%                    268,000                 1,489        162,301        565          565        (40,112)       40,112
      May-05                      110            1,489        163,790       (104,210)   37.951%                    268,000                 1,489        163,790        565          565        (39,547)       39,547
      Jun-05                      111            1,489        165,279       (102,721)   37.951%                    268,000                 1,489        165,279        565          565        (38,982)       38,982
       Jul-05                     112            1,489        166,768       (101,232)   37.951%                    268,000                 1,489        166,768        565          565        (38,417)       38,417
      Aug-05                      113            1,489        168,257        (99,743)   37.951%                    268,000                 1,489        168,257        565          565        (37,852)       37,852
      Sep-05                      114            1,489        169,746        (98,254)   37.951%                    268,000                 1,489        169,746        565          565        (37,287)       37,287
      Oct-05                      115            1,489        171,235        (96,765)   37.951%                    268,000                 1,489        171,235        565          565        (36,722)       36,722
      Nov-05                      116            1,489        172,724        (95,276)   37.951%                    268,000                 1,489        172,724        565          565        (36,157)       36,157
      Dec-05                      117            1,489        174,213        (93,787)   37.951%                    268,000                 1,489        174,213        565          565        (35,592)       35,592
      Jan-06                      118            1,489        175,702        (92,298)   37.951%                    268,000                 1,489        175,702        565          565        (35,027)       35,027
      Feb-06                      119            1,489        177,191        (90,809)   37.951%                    268,000                 1,489        177,191        565          565        (34,462)       34,462
      Mar-06                      120            1,489        178,680        (89,320)   37.951%                    268,000                 1,489        178,680        565          565        (33,896)       33,896
      Apr-06                      121            1,489        180,169        (87,831)   37.951%                    268,000                 1,489        180,169        565          565        (33,331)       33,331
      May-06                      122            1,489        181,658        (86,342)   37.951%                    268,000                 1,489        181,658        565          565        (32,766)       32,766
      Jun-06                      123            1,489        183,147        (84,853)   37.951%                    268,000                 1,489        183,147        565          565        (32,201)       32,201
       Jul-06                     124            1,489        184,636        (83,364)   37.951%                    268,000                 1,489        184,636        565          565        (31,636)       31,636
      Aug-06                      125            1,489        186,125        (81,875)   37.951%                    268,000                 1,489        186,125        565          565        (31,071)       31,071
      Sep-06                      126            1,489        187,614        (80,386)   37.951%                    268,000                 1,489        187,614        565          565        (30,506)       30,506
      Oct-06                      127            1,489        189,103        (78,897)   37.951%                    268,000                 1,489        189,103        565          565        (29,941)       29,941
      Nov-06                      128            1,489        190,592        (77,408)   37.951%                    268,000                 1,489        190,592        565          565        (29,376)       29,376
      Dec-06                      129            1,489        192,081        (75,919)   37.951%                    268,000                 1,489        192,081        565          565        (28,811)       28,811
      Jan-07                      130            1,489        193,570        (74,430)   37.951%                    268,000                 1,489        193,570        565          565        (28,246)       28,246
      Feb-07                      131            1,489        195,059        (72,941)   37.951%                    268,000                 1,489        195,059        565          565        (27,680)       27,680
      Mar-07                      132            1,489        196,548        (71,452)   37.951%                    268,000                 1,489        196,548        565          565        (27,115)       27,115
      Apr-07                      133            1,489        198,037        (69,963)   37.951%                    268,000                 1,489        198,037        565          565        (26,550)       26,550
      May-07                      134            1,489        199,526        (68,474)   37.951%                    268,000                 1,489        199,526        565          565        (25,985)       25,985
      Jun-07                      135            1,489        201,015        (66,985)   37.951%                    268,000                 1,489        201,015        565          565        (25,420)       25,420
       Jul-07                     136            1,489        202,504        (65,496)   37.951%                    268,000                 1,489        202,504        565          565        (24,855)       24,855
      Aug-07                      137            1,489        203,993        (64,007)   37.951%                    268,000                 1,489        203,993        565          565        (24,290)       24,290
      Sep-07                      138            1,489        205,482        (62,518)   37.951%                    268,000                 1,489        205,482        565          565        (23,725)       23,725
      Oct-07                      139            1,489        206,971        (61,029)   37.951%                    268,000                 1,489        206,971        565          565        (23,160)       23,160
      Nov-07                      140            1,489        208,460        (59,540)   37.951%                    268,000                 1,489        208,460        565          565        (22,595)       22,595
      Dec-07                      141            1,489        209,949        (58,051)   37.951%                    268,000                 1,489        209,949        565          565        (22,030)       22,030
      Jan-08                      142            1,489        211,438        (56,562)   37.951%                    268,000                 1,489        211,438        565          565        (21,464)       21,464
      Feb-08                      143            1,489        212,927        (55,073)   37.951%                    268,000                 1,489        212,927        565          565        (20,899)       20,899
      Mar-08                      144            1,489        214,416        (53,584)   37.951%                    268,000                 1,489        214,416        565          565        (20,334)       20,334
      Apr-08                      145            1,489        215,905        (52,095)   37.951%                    268,000                 1,489        215,905        565          565        (19,769)       19,769
      May-08                      146            1,489        217,394        (50,606)   37.951%                    268,000                 1,489        217,394        565          565        (19,204)       19,204
      Jun-08                      147            1,489        218,883        (49,117)   37.951%                    268,000                 1,489        218,883        565          565        (18,639)       18,639
       Jul-08                     148            1,489        220,372        (47,628)   37.951%                    268,000                 1,489        220,372        565          565        (18,074)       18,074
      Aug-08                      149            1,489        221,861        (46,139)   37.951%                    268,000                 1,489        221,861        565          565        (17,509)       17,509
      Sep-08                      150            1,489        223,350        (44,650)   37.951%                    268,000                 1,489        223,350        565          565        (16,944)       16,944
      Oct-08                      151            1,489        224,839        (43,161)   37.951%                    268,000                 1,489        224,839        565          565        (16,379)       16,379
      Nov-08                      152            1,489        226,328        (41,672)   37.951%                    268,000                 1,489        226,328        565          565        (15,814)       15,814
      Dec-08                      153            1,489        227,817        (40,183)   37.951%                    268,000                 1,489        227,817        565          565        (15,248)       15,248
      Jan-09                      154            1,489        229,306        (38,694)   37.951%                    268,000                 1,489        229,306        565          565        (14,683)       14,683


                                                                                                                                                   Apr 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage
     (A)                (B)     (C)         (D)                 (E)                (F)         (G)            (H)       (I)          (J)            (K)        (L)          (M)          (N)           (O)               (P)
                                        [(B)/48]*1]           (D)*(C)            (B)+(E)                                           (H)*(G)          (D)                   (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                              Monthly       Accumulated      Balance to                 Monthly Tax Accumulated                Monthly     Accumulated                Monthly      Accumulated   Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization    Amortization      Amortize       Tax Rate      Gain       Tax Gain          Tax   Book Gain     Book Gain     Book Tax    Expense        Expense       Reserve       Dec-09   Dec-10   Total
      Feb-09                        155            1,489         230,795          (37,205)   37.951%                    268,000                   1,489        230,795         565           565        (14,118)       14,118
      Mar-09                        156            1,489         232,284          (35,716)   37.951%                    268,000                   1,489        232,284         565           565        (13,553)       13,553
      Apr-09                        157            1,489         233,773          (34,227)   37.951%                    268,000                   1,489        233,773         565           565        (12,988)       12,988
      May-09                        158            1,489         235,262          (32,738)   37.951%                    268,000                   1,489        235,262         565           565        (12,423)       12,423
      Jun-09                        159            1,489         236,751          (31,249)   37.951%                    268,000                   1,489        236,751         565           565        (11,858)       11,858
       Jul-09                       160            1,489         238,240          (29,760)   37.951%                    268,000                   1,489        238,240         565           565        (11,293)       11,293
      Aug-09                        161            1,489         239,729          (28,271)   37.951%                    268,000                   1,489        239,729         565           565        (10,728)       10,728
      Sep-09                        162            1,489         241,218          (26,782)   37.951%                    268,000                   1,489        241,218         565           565        (10,163)       10,163
      Oct-09                        163            1,489         242,707          (25,293)   37.951%                    268,000                   1,489        242,707         565           565         (9,598)        9,598
      Nov-09                        164            1,489         244,196          (23,804)   37.951%                    268,000                   1,489        244,196         565           565         (9,032)        9,032
      Dec-09                        165            1,489         245,685          (22,315)   37.951%                    268,000                   1,489        245,685         565           565         (8,467)        8,467
      Jan-10                        166            1,489         247,174          (20,826)   37.951%                    268,000                   1,489        247,174         565           565         (7,902)        7,902
      Feb-10                        167            1,489         248,663          (19,337)   37.951%                    268,000                   1,489        248,663         565           565         (7,337)        7,337
      Mar-10                        168            1,489         250,152          (17,848)   37.951%                    268,000                   1,489        250,152         565           565         (6,772)        6,772
      Apr-10                        169            1,489         251,641          (16,359)   37.951%                    268,000                   1,489        251,641         565           565         (6,207)        6,207
      May-10                        170            1,489         253,130          (14,870)   37.951%                    268,000                   1,489        253,130         565           565         (5,642)        5,642
      Jun-10                        171            1,489         254,619          (13,381)   37.951%                    268,000                   1,489        254,619         565           565         (5,077)        5,077
       Jul-10                       172            1,489         256,108          (11,892)   37.951%                    268,000                   1,489        256,108         565           565         (4,512)        4,512
      Aug-10                        173            1,489         257,597          (10,403)   37.951%                    268,000                   1,489        257,597         565           565         (3,947)        3,947
      Sep-10                        174            1,489         259,086           (8,914)   37.951%                    268,000                   1,489        259,086         565           565         (3,382)        3,382
      Oct-10                        175            1,489         260,575           (7,425)   37.951%                    268,000                   1,489        260,575         565           565         (2,816)        2,816
      Nov-10                        176            1,489         262,064           (5,936)   37.951%                    268,000                   1,489        262,064         565           565         (2,251)        2,251
      Dec-10                        177            1,489         263,553           (4,447)   37.951%                    268,000                   1,489        263,553         565           565         (1,686)        1,686
      Jan-11                        178            1,489         265,042           (2,958)   37.951%                    268,000                   1,489        265,042         565           565         (1,121)        1,121
      Feb-11                        179            1,489         266,531           (1,469)   37.951%                    268,000                   1,489        266,531         565           565           (556)          556
      Mar-11                        180            1,469         268,000                0    37.951%                    268,000                   1,469        268,000         558           558              1            (1)

       Totals          (268,000)                  268,000                                                 268,000                   101,706     268,000                    101,707            1      (9,101,940)     9,101,940

END             END                END      END                            END               END        END                       END         END                        END         END                           END             END      END    END END




                                                                                                                                                          Apr 1996
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)            (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]      (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                              D.I.T.        D.I.T.
                                          Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense        Expense       Reserve        Dec-09     Dec-10     Total
      Jun-96         (150,288)   1              835              835       (149,453)   37.950%      150,288       150,288    57,034         835            835        317     (56,717)        (56,717)       56,717   136,105    146,125    10,020    Amortization For The Test Period
       Jul-96                    2              835            1,670       (148,618)   37.950%                    150,288                   835          1,670        317          317        (56,401)       56,401    (5,382)    (1,579)    3,803    D.I.T. Expense For the Test Period
      Aug-96                     3              835            2,505       (147,783)   37.950%                    150,288                   835          2,505        317          317        (56,084)       56,084     5,382      1,579     3,480    Average Deferred Tax Reserve Balance
      Sep-96                     4              835            3,340       (146,948)   37.950%                    150,288                   835          3,340        317          317        (55,767)       55,767
      Oct-96                     5              835            4,175       (146,113)   37.950%                    150,288                   835          4,175        317          317        (55,450)       55,450   150,288    150,288         0    Tax Gain (SCHMAT) For The Test Period
      Nov-96                     6              835            5,010       (145,278)   37.950%                    150,288                   835          5,010        317          317        (55,133)       55,133   136,105    146,125    10,020    Realized Book Gain (SCHMDT) For The Test Period
      Dec-96                     7              835            5,845       (144,443)   37.950%                    150,288                   835          5,845        317          317        (54,816)       54,816
      Jan-97                     8              835            6,680       (143,608)   37.950%                    150,288                   835          6,680        317          317        (54,499)       54,499
      Feb-97                     9              835            7,515       (142,773)   37.950%                    150,288                   835          7,515        317          317        (54,182)       54,182
      Mar-97                     10             835            8,350       (141,938)   37.950%                    150,288                   835          8,350        317          317        (53,865)       53,865
      Apr-97                     11             835            9,185       (141,103)   37.950%                    150,288                   835          9,185        317          317        (53,549)       53,549
      May-97                     12             835          10,020        (140,268)   37.950%                    150,288                   835         10,020        317          317        (53,232)       53,232
      Jun-97                     13             835          10,855        (139,433)   37.950%                    150,288                   835         10,855        317          317        (52,915)       52,915
       Jul-97                    14             835          11,690        (138,598)   37.950%                    150,288                   835         11,690        317          317        (52,598)       52,598
      Aug-97                     15             835          12,525        (137,763)   37.950%                    150,288                   835         12,525        317          317        (52,281)       52,281
      Sep-97                     16             835          13,360        (136,928)   37.950%                    150,288                   835         13,360        317          317        (51,964)       51,964
      Oct-97                     17             835          14,195        (136,093)   37.950%                    150,288                   835         14,195        317          317        (51,647)       51,647
      Nov-97                     18             835          15,030        (135,258)   37.950%                    150,288                   835         15,030        317          317        (51,330)       51,330
      Dec-97                     19             835          15,865        (134,423)   37.950%                    150,288                   835         15,865        317          317        (51,014)       51,014
      Jan-98                     20             835          16,700        (133,588)   37.950%                    150,288                   835         16,700        317          317        (50,697)       50,697
      Feb-98                     21             835          17,535        (132,753)   37.950%                    150,288                   835         17,535        317          317        (50,380)       50,380
      Mar-98                     22             835          18,370        (131,918)   37.950%                    150,288                   835         18,370        317          317        (50,063)       50,063
      Apr-98                     23             835          19,205        (131,083)   37.950%                    150,288                   835         19,205        317          317        (49,746)       49,746
      May-98                     24             835          20,040        (130,248)   37.950%                    150,288                   835         20,040        317          317        (49,429)       49,429
      Jun-98                     25             835          20,875        (129,413)   37.950%                    150,288                   835         20,875        317          317        (49,112)       49,112
       Jul-98                    26             835          21,710        (128,578)   37.950%                    150,288                   835         21,710        317          317        (48,795)       48,795
      Aug-98                     27             835          22,545        (127,743)   37.950%                    150,288                   835         22,545        317          317        (48,478)       48,478
      Sep-98                     28             835          23,380        (126,908)   37.950%                    150,288                   835         23,380        317          317        (48,162)       48,162
      Oct-98                     29             835          24,215        (126,073)   37.950%                    150,288                   835         24,215        317          317        (47,845)       47,845
      Nov-98                     30             835          25,050        (125,238)   37.950%                    150,288                   835         25,050        317          317        (47,528)       47,528
      Dec-98                     31             835          25,885        (124,403)   37.950%                    150,288                   835         25,885        317          317        (47,211)       47,211
      Jan-99                     32             835          26,720        (123,568)   37.950%                    150,288                   835         26,720        317          317        (46,894)       46,894
      Feb-99                     33             835          27,555        (122,733)   37.950%                    150,288                   835         27,555        317          317        (46,577)       46,577
      Mar-99                     34             835          28,390        (121,898)   37.950%                    150,288                   835         28,390        317          317        (46,260)       46,260
      Apr-99                     35             835          29,225        (121,063)   37.950%                    150,288                   835         29,225        317          317        (45,943)       45,943
      May-99                     36             835          30,060        (120,228)   37.950%                    150,288                   835         30,060        317          317        (45,627)       45,627
      Jun-99                     37             835          30,895        (119,393)   37.950%                    150,288                   835         30,895        317          317        (45,310)       45,310
       Jul-99                    38             835          31,730        (118,558)   37.950%                    150,288                   835         31,730        317          317        (44,993)       44,993
      Aug-99                     39             835          32,565        (117,723)   37.950%                    150,288                   835         32,565        317          317        (44,676)       44,676
      Sep-99                     40             835          33,400        (116,888)   37.950%                    150,288                   835         33,400        317          317        (44,359)       44,359
      Oct-99                     41             835          34,235        (116,053)   37.950%                    150,288                   835         34,235        317          317        (44,042)       44,042
      Nov-99                     42             835          35,070        (115,218)   37.950%                    150,288                   835         35,070        317          317        (43,725)       43,725
      Dec-99                     43             835          35,905        (114,383)   37.950%                    150,288                   835         35,905        317          317        (43,408)       43,408
      Jan-00                     44             835          36,740        (113,548)   37.950%                    150,288                   835         36,740        317          317        (43,091)       43,091
      Feb-00                     45             835          37,575        (112,713)   37.950%                    150,288                   835         37,575        317          317        (42,775)       42,775
      Mar-00                     46             835          38,410        (111,878)   37.950%                    150,288                   835         38,410        317          317        (42,458)       42,458
      Apr-00                     47             835          39,245        (111,043)   37.950%                    150,288                   835         39,245        317          317        (42,141)       42,141
      May-00                     48             835          40,080        (110,208)   37.950%                    150,288                   835         40,080        317          317        (41,824)       41,824
      Jun-00                     49             835          40,915        (109,373)   37.950%                    150,288                   835         40,915        317          317        (41,507)       41,507
       Jul-00                    50             835          41,750        (108,538)   37.950%                    150,288                   835         41,750        317          317        (41,190)       41,190
      Aug-00                     51             835          42,585        (107,703)   37.950%                    150,288                   835         42,585        317          317        (40,873)       40,873
      Sep-00                     52             835          43,420        (106,868)   37.950%                    150,288                   835         43,420        317          317        (40,556)       40,556
      Oct-00                     53             835          44,255        (106,033)   37.950%                    150,288                   835         44,255        317          317        (40,240)       40,240
      Nov-00                     54             835          45,090        (105,198)   37.950%                    150,288                   835         45,090        317          317        (39,923)       39,923
      Dec-00                     55             835          45,925        (104,363)   37.950%                    150,288                   835         45,925        317          317        (39,606)       39,606
      Jan-01                     56             835          46,760        (103,528)   37.950%                    150,288                   835         46,760        317          317        (39,289)       39,289
      Feb-01                     57             835          47,595        (102,693)   37.950%                    150,288                   835         47,595        317          317        (38,972)       38,972
      Mar-01                     58             835          48,430        (101,858)   37.950%                    150,288                   835         48,430        317          317        (38,655)       38,655
      Apr-01                     59             835          49,265        (101,023)   37.950%                    150,288                   835         49,265        317          317        (38,338)       38,338
      May-01                     60             835          50,100        (100,188)   37.950%                    150,288                   835         50,100        317          317        (38,021)       38,021
      Jun-01                     61             835          50,935         (99,353)   37.950%                    150,288                   835         50,935        317          317        (37,704)       37,704
       Jul-01                    62             835          51,770         (98,518)   37.950%                    150,288                   835         51,770        317          317        (37,388)       37,388
      Aug-01                     63             835          52,605         (97,683)   37.950%                    150,288                   835         52,605        317          317        (37,071)       37,071
      Sep-01                     64             835          53,440         (96,848)   37.950%                    150,288                   835         53,440        317          317        (36,754)       36,754
      Oct-01                     65             835          54,275         (96,013)   37.950%                    150,288                   835         54,275        317          317        (36,437)       36,437
      Nov-01                     66             835          55,110         (95,178)   37.950%                    150,288                   835         55,110        317          317        (36,120)       36,120
      Dec-01                     67             835          55,945         (94,343)   37.950%                    150,288                   835         55,945        317          317        (35,803)       35,803
      Jan-02                     68             835          56,780         (93,508)   37.950%                    150,288                   835         56,780        317          317        (35,486)       35,486
      Feb-02                     69             835          57,615         (92,673)   37.950%                    150,288                   835         57,615        317          317        (35,169)       35,169
      Mar-02                     70             835          58,450         (91,838)   37.950%                    150,288                   835         58,450        317          317        (34,853)       34,853
      Apr-02                     71             835          59,285         (91,003)   37.950%                    150,288                   835         59,285        317          317        (34,536)       34,536
      May-02                     72             835          60,120         (90,168)   37.950%                    150,288                   835         60,120        317          317        (34,219)       34,219
      Jun-02                     73             835          60,955         (89,333)   37.950%                    150,288                   835         60,955        317          317        (33,902)       33,902
       Jul-02                    74             835          61,790         (88,498)   37.950%                    150,288                   835         61,790        317          317        (33,585)       33,585
      Aug-02                     75             835          62,625         (87,663)   37.950%                    150,288                   835         62,625        317          317        (33,268)       33,268
      Sep-02                     76             835          63,460         (86,828)   37.950%                    150,288                   835         63,460        317          317        (32,951)       32,951
      Oct-02                     77             835          64,295         (85,993)   37.950%                    150,288                   835         64,295        317          317        (32,634)       32,634


                                                                                                                                                  Jun 1996
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)              (E)           (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.        D.I.T.
                                            Monthly      Accumulated    Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Nov-02                       78             835          65,130        (85,158)   37.950%                    150,288                   835         65,130        317          317        (32,317)       32,317
      Dec-02                       79             835          65,965        (84,323)   37.950%                    150,288                   835         65,965        317          317        (32,001)       32,001
      Jan-03                       80             835          66,800        (83,488)   37.950%                    150,288                   835         66,800        317          317        (31,684)       31,684
      Feb-03                       81             835          67,635        (82,653)   37.950%                    150,288                   835         67,635        317          317        (31,367)       31,367
      Mar-03                       82             835          68,470        (81,818)   37.950%                    150,288                   835         68,470        317          317        (31,050)       31,050
      Apr-03                       83             835          69,305        (80,983)   37.950%                    150,288                   835         69,305        317          317        (30,733)       30,733
      May-03                       84             835          70,140        (80,148)   37.951%                    150,288                   835         70,140        317          317        (30,416)       30,416
      Jun-03                       85             835          70,975        (79,313)   37.951%                    150,288                   835         70,975        317          317        (30,099)       30,099
       Jul-03                      86             835          71,810        (78,478)   37.951%                    150,288                   835         71,810        317          317        (29,782)       29,782
      Aug-03                       87             835          72,645        (77,643)   37.951%                    150,288                   835         72,645        317          317        (29,465)       29,465
      Sep-03                       88             835          73,480        (76,808)   37.951%                    150,288                   835         73,480        317          317        (29,149)       29,149
      Oct-03                       89             835          74,315        (75,973)   37.951%                    150,288                   835         74,315        317          317        (28,832)       28,832
      Nov-03                       90             835          75,150        (75,138)   37.951%                    150,288                   835         75,150        317          317        (28,515)       28,515
      Dec-03                       91             835          75,985        (74,303)   37.951%                    150,288                   835         75,985        317          317        (28,198)       28,198
      Jan-04                       92             835          76,820        (73,468)   37.951%                    150,288                   835         76,820        317          317        (27,881)       27,881
      Feb-04                       93             835          77,655        (72,633)   37.951%                    150,288                   835         77,655        317          317        (27,564)       27,564
      Mar-04                       94             835          78,490        (71,798)   37.951%                    150,288                   835         78,490        317          317        (27,247)       27,247
      Apr-04                       95             835          79,325        (70,963)   37.951%                    150,288                   835         79,325        317          317        (26,930)       26,930
      May-04                       96             835          80,160        (70,128)   37.951%                    150,288                   835         80,160        317          317        (26,613)       26,613
      Jun-04                       97             835          80,995        (69,293)   37.951%                    150,288                   835         80,995        317          317        (26,297)       26,297
       Jul-04                      98             835          81,830        (68,458)   37.951%                    150,288                   835         81,830        317          317        (25,980)       25,980
      Aug-04                       99             835          82,665        (67,623)   37.951%                    150,288                   835         82,665        317          317        (25,663)       25,663
      Sep-04                      100             835          83,500        (66,788)   37.951%                    150,288                   835         83,500        317          317        (25,346)       25,346
      Oct-04                      101             835          84,335        (65,953)   37.951%                    150,288                   835         84,335        317          317        (25,029)       25,029
      Nov-04                      102             835          85,170        (65,118)   37.951%                    150,288                   835         85,170        317          317        (24,712)       24,712
      Dec-04                      103             835          86,005        (64,283)   37.951%                    150,288                   835         86,005        317          317        (24,395)       24,395
      Jan-05                      104             835          86,840        (63,448)   37.951%                    150,288                   835         86,840        317          317        (24,078)       24,078
      Feb-05                      105             835          87,675        (62,613)   37.951%                    150,288                   835         87,675        317          317        (23,761)       23,761
      Mar-05                      106             835          88,510        (61,778)   37.951%                    150,288                   835         88,510        317          317        (23,445)       23,445
      Apr-05                      107             835          89,345        (60,943)   37.951%                    150,288                   835         89,345        317          317        (23,128)       23,128
      May-05                      108             835          90,180        (60,108)   37.951%                    150,288                   835         90,180        317          317        (22,811)       22,811
      Jun-05                      109             835          91,015        (59,273)   37.951%                    150,288                   835         91,015        317          317        (22,494)       22,494
       Jul-05                     110             835          91,850        (58,438)   37.951%                    150,288                   835         91,850        317          317        (22,177)       22,177
      Aug-05                      111             835          92,685        (57,603)   37.951%                    150,288                   835         92,685        317          317        (21,860)       21,860
      Sep-05                      112             835          93,520        (56,768)   37.951%                    150,288                   835         93,520        317          317        (21,543)       21,543
      Oct-05                      113             835          94,355        (55,933)   37.951%                    150,288                   835         94,355        317          317        (21,226)       21,226
      Nov-05                      114             835          95,190        (55,098)   37.951%                    150,288                   835         95,190        317          317        (20,909)       20,909
      Dec-05                      115             835          96,025        (54,263)   37.951%                    150,288                   835         96,025        317          317        (20,593)       20,593
      Jan-06                      116             835          96,860        (53,428)   37.951%                    150,288                   835         96,860        317          317        (20,276)       20,276
      Feb-06                      117             835          97,695        (52,593)   37.951%                    150,288                   835         97,695        317          317        (19,959)       19,959
      Mar-06                      118             835          98,530        (51,758)   37.951%                    150,288                   835         98,530        317          317        (19,642)       19,642
      Apr-06                      119             835          99,365        (50,923)   37.951%                    150,288                   835         99,365        317          317        (19,325)       19,325
      May-06                      120             835         100,200        (50,088)   37.951%                    150,288                   835        100,200        317          317        (19,008)       19,008
      Jun-06                      121             835         101,035        (49,253)   37.951%                    150,288                   835        101,035        317          317        (18,691)       18,691
       Jul-06                     122             835         101,870        (48,418)   37.951%                    150,288                   835        101,870        317          317        (18,374)       18,374
      Aug-06                      123             835         102,705        (47,583)   37.951%                    150,288                   835        102,705        317          317        (18,057)       18,057
      Sep-06                      124             835         103,540        (46,748)   37.951%                    150,288                   835        103,540        317          317        (17,741)       17,741
      Oct-06                      125             835         104,375        (45,913)   37.951%                    150,288                   835        104,375        317          317        (17,424)       17,424
      Nov-06                      126             835         105,210        (45,078)   37.951%                    150,288                   835        105,210        317          317        (17,107)       17,107
      Dec-06                      127             835         106,045        (44,243)   37.951%                    150,288                   835        106,045        317          317        (16,790)       16,790
      Jan-07                      128             835         106,880        (43,408)   37.951%                    150,288                   835        106,880        317          317        (16,473)       16,473
      Feb-07                      129             835         107,715        (42,573)   37.951%                    150,288                   835        107,715        317          317        (16,156)       16,156
      Mar-07                      130             835         108,550        (41,738)   37.951%                    150,288                   835        108,550        317          317        (15,839)       15,839
      Apr-07                      131             835         109,385        (40,903)   37.951%                    150,288                   835        109,385        317          317        (15,522)       15,522
      May-07                      132             835         110,220        (40,068)   37.951%                    150,288                   835        110,220        317          317        (15,205)       15,205
      Jun-07                      133             835         111,055        (39,233)   37.951%                    150,288                   835        111,055        317          317        (14,889)       14,889
       Jul-07                     134             835         111,890        (38,398)   37.951%                    150,288                   835        111,890        317          317        (14,572)       14,572
      Aug-07                      135             835         112,725        (37,563)   37.951%                    150,288                   835        112,725        317          317        (14,255)       14,255
      Sep-07                      136             835         113,560        (36,728)   37.951%                    150,288                   835        113,560        317          317        (13,938)       13,938
      Oct-07                      137             835         114,395        (35,893)   37.951%                    150,288                   835        114,395        317          317        (13,621)       13,621
      Nov-07                      138             835         115,230        (35,058)   37.951%                    150,288                   835        115,230        317          317        (13,304)       13,304
      Dec-07                      139             835         116,065        (34,223)   37.951%                    150,288                   835        116,065        317          317        (12,987)       12,987
      Jan-08                      140             835         116,900        (33,388)   37.951%                    150,288                   835        116,900        317          317        (12,670)       12,670
      Feb-08                      141             835         117,735        (32,553)   37.951%                    150,288                   835        117,735        317          317        (12,353)       12,353
      Mar-08                      142             835         118,570        (31,718)   37.951%                    150,288                   835        118,570        317          317        (12,036)       12,036
      Apr-08                      143             835         119,405        (30,883)   37.951%                    150,288                   835        119,405        317          317        (11,720)       11,720
      May-08                      144             835         120,240        (30,048)   37.951%                    150,288                   835        120,240        317          317        (11,403)       11,403
      Jun-08                      145             835         121,075        (29,213)   37.951%                    150,288                   835        121,075        317          317        (11,086)       11,086
       Jul-08                     146             835         121,910        (28,378)   37.951%                    150,288                   835        121,910        317          317        (10,769)       10,769
      Aug-08                      147             835         122,745        (27,543)   37.951%                    150,288                   835        122,745        317          317        (10,452)       10,452
      Sep-08                      148             835         123,580        (26,708)   37.951%                    150,288                   835        123,580        317          317        (10,135)       10,135
      Oct-08                      149             835         124,415        (25,873)   37.951%                    150,288                   835        124,415        317          317         (9,818)        9,818
      Nov-08                      150             835         125,250        (25,038)   37.951%                    150,288                   835        125,250        317          317         (9,501)        9,501
      Dec-08                      151             835         126,085        (24,203)   37.951%                    150,288                   835        126,085        317          317         (9,184)        9,184
      Jan-09                      152             835         126,920        (23,368)   37.951%                    150,288                   835        126,920        317          317         (8,868)        8,868
      Feb-09                      153             835         127,755        (22,533)   37.951%                    150,288                   835        127,755        317          317         (8,551)        8,551
      Mar-09                      154             835         128,590        (21,698)   37.951%                    150,288                   835        128,590        317          317         (8,234)        8,234


                                                                                                                                                   Jun 1996
SO2 Allowance Sales Gain - Amortization Schedule
EPA Auction Proceeds
     (A)             (B)        (C)         (D)                 (E)                (F)         (G)            (H)       (I)          (J)               (K)        (L)          (M)             (N)           (O)               (P)
                                        [(B)/48]*1]           (D)*(C)            (B)+(E)                                           (H)*(G)             (D)                   (K)*(G)         (M)-(J)
                                                                                                                                                                                              D.I.T.        D.I.T.
                                              Monthly       Accumulated      Balance to                 Monthly Tax Accumulated                   Monthly     Accumulated                   Monthly      Accumulated   Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization    Amortization      Amortize       Tax Rate      Gain       Tax Gain          Tax      Book Gain     Book Gain     Book Tax       Expense        Expense       Reserve       Dec-09   Dec-10   Total
      Apr-09                        155             835          129,425          (20,863)   37.951%                    150,288                        835        129,425         317              317         (7,917)        7,917
      May-09                        156             835          130,260          (20,028)   37.951%                    150,288                        835        130,260         317              317         (7,600)        7,600
      Jun-09                        157             835          131,095          (19,193)   37.951%                    150,288                        835        131,095         317              317         (7,283)        7,283
       Jul-09                       158             835          131,930          (18,358)   37.951%                    150,288                        835        131,930         317              317         (6,966)        6,966
      Aug-09                        159             835          132,765          (17,523)   37.951%                    150,288                        835        132,765         317              317         (6,649)        6,649
      Sep-09                        160             835          133,600          (16,688)   37.951%                    150,288                        835        133,600         317              317         (6,332)        6,332
      Oct-09                        161             835          134,435          (15,853)   37.951%                    150,288                        835        134,435         317              317         (6,016)        6,016
      Nov-09                        162             835          135,270          (15,018)   37.951%                    150,288                        835        135,270         317              317         (5,699)        5,699
      Dec-09                        163             835          136,105          (14,183)   37.951%                    150,288                        835        136,105         317              317         (5,382)        5,382
      Jan-10                        164             835          136,940          (13,348)   37.951%                    150,288                        835        136,940         317              317         (5,065)        5,065
      Feb-10                        165             835          137,775          (12,513)   37.951%                    150,288                        835        137,775         317              317         (4,748)        4,748
      Mar-10                        166             835          138,610          (11,678)   37.951%                    150,288                        835        138,610         317              317         (4,431)        4,431
      Apr-10                        167             835          139,445          (10,843)   37.951%                    150,288                        835        139,445         317              317         (4,114)        4,114
      May-10                        168             835          140,280          (10,008)   37.951%                    150,288                        835        140,280         317              317         (3,797)        3,797
      Jun-10                        169             835          141,115           (9,173)   37.951%                    150,288                        835        141,115         317              317         (3,480)        3,480
       Jul-10                       170             835          141,950           (8,338)   37.951%                    150,288                        835        141,950         317              317         (3,164)        3,164
      Aug-10                        171             835          142,785           (7,503)   37.951%                    150,288                        835        142,785         317              317         (2,847)        2,847
      Sep-10                        172             835          143,620           (6,668)   37.951%                    150,288                        835        143,620         317              317         (2,530)        2,530
      Oct-10                        173             835          144,455           (5,833)   37.951%                    150,288                        835        144,455         317              317         (2,213)        2,213
      Nov-10                        174             835          145,290           (4,998)   37.951%                    150,288                        835        145,290         317              317         (1,896)        1,896
      Dec-10                        175             835          146,125           (4,163)   37.951%                    150,288                        835        146,125         317              317         (1,579)        1,579
      Jan-11                        176             835          146,960           (3,328)   37.951%                    150,288                        835        146,960         317              317         (1,262)        1,262
      Feb-11                        177             835          147,795           (2,493)   37.951%                    150,288                        835        147,795         317              317           (945)          945
      Mar-11                        178             835          148,630           (1,658)   37.951%                    150,288                        835        148,630         317              317           (628)          628
      Apr-11                        179             835          149,465             (823)   37.951%                    150,288                        835        149,465         317              317           (312)          312
      May-11                        180             823          150,288                0    37.951%                    150,288                        823        150,288         312              312              1            (1)

       Totals          (150,288)                  150,288                                                 150,288                       57,034     150,288                        57,035            1      (5,104,122)     5,104,122

END             END                END      END                            END               END        END                       END            END                        END            END                           END             END      END    END END




                                                                                                                                                             Jun 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and EPA Auction
     (A)                (B)          (C)        (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                            [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                              D.I.T.        D.I.T.
                                             Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months     Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10      Total
       Jul-96       (1,265,449)   1               7,030           7,030     (1,258,419) 37.950% 1,265,449       1,265,449   480,238       7,030          7,030      2,668    (477,570)       (477,570)      477,570   1,138,860    1,223,220    84,360    Amortization For The Test Period
      Aug-96                      2               7,030          14,060     (1,251,389) 37.950%                 1,265,449                 7,030        14,060       2,668        2,668       (474,902)      474,902     (48,035)     (16,019)   32,015    D.I.T. Expense For the Test Period
      Sep-96                      3               7,030          21,090     (1,244,359) 37.950%                 1,265,449                 7,030        21,090       2,668        2,668       (472,234)      472,234      48,035       16,019    32,027    Average Deferred Tax Reserve Balance
      Oct-96                      4               7,030          28,120     (1,237,329) 37.950%                 1,265,449                 7,030        28,120       2,668        2,668       (469,566)      469,566
      Nov-96                      5               7,030          35,150     (1,230,299) 37.950%                 1,265,449                 7,030        35,150       2,668        2,668       (466,898)      466,898   1,265,449    1,265,449         0    Tax Gain (SCHMAT) For The Test Period
      Dec-96                      6               7,030          42,180     (1,223,269) 37.950%                 1,265,449                 7,030        42,180       2,668        2,668       (464,231)      464,231   1,138,860    1,223,220    84,360    Realized Book Gain (SCHMDT) For The Test Period
      Jan-97                      7               7,030          49,210     (1,216,239) 37.950%                 1,265,449                 7,030        49,210       2,668        2,668       (461,563)      461,563
      Feb-97                      8               7,030          56,240     (1,209,209) 37.950%                 1,265,449                 7,030        56,240       2,668        2,668       (458,895)      458,895
      Mar-97                      9               7,030          63,270     (1,202,179) 37.950%                 1,265,449                 7,030        63,270       2,668        2,668       (456,227)      456,227
      Apr-97                      10              7,030          70,300     (1,195,149) 37.950%                 1,265,449                 7,030        70,300       2,668        2,668       (453,559)      453,559
     May-97                       11              7,030          77,330     (1,188,119) 37.950%                 1,265,449                 7,030        77,330       2,668        2,668       (450,891)      450,891
      Jun-97                      12              7,030          84,360     (1,181,089) 37.950%                 1,265,449                 7,030        84,360       2,668        2,668       (448,223)      448,223
       Jul-97                     13              7,030          91,390     (1,174,059) 37.950%                 1,265,449                 7,030        91,390       2,668        2,668       (445,555)      445,555
      Aug-97                      14              7,030          98,420     (1,167,029) 37.950%                 1,265,449                 7,030        98,420       2,668        2,668       (442,888)      442,888
      Sep-97                      15              7,030        105,450      (1,159,999) 37.950%                 1,265,449                 7,030       105,450       2,668        2,668       (440,220)      440,220
      Oct-97                      16              7,030        112,480      (1,152,969) 37.950%                 1,265,449                 7,030       112,480       2,668        2,668       (437,552)      437,552
      Nov-97                      17              7,030        119,510      (1,145,939) 37.950%                 1,265,449                 7,030       119,510       2,668        2,668       (434,884)      434,884
      Dec-97                      18              7,030        126,540      (1,138,909) 37.950%                 1,265,449                 7,030       126,540       2,668        2,668       (432,216)      432,216
      Jan-98                      19              7,030        133,570      (1,131,879) 37.950%                 1,265,449                 7,030       133,570       2,668        2,668       (429,548)      429,548
      Feb-98                      20              7,030        140,600      (1,124,849) 37.950%                 1,265,449                 7,030       140,600       2,668        2,668       (426,880)      426,880
      Mar-98                      21              7,030        147,630      (1,117,819) 37.950%                 1,265,449                 7,030       147,630       2,668        2,668       (424,212)      424,212
      Apr-98                      22              7,030        154,660      (1,110,789) 37.950%                 1,265,449                 7,030       154,660       2,668        2,668       (421,544)      421,544
     May-98                       23              7,030        161,690      (1,103,759) 37.950%                 1,265,449                 7,030       161,690       2,668        2,668       (418,877)      418,877
      Jun-98                      24              7,030        168,720      (1,096,729) 37.950%                 1,265,449                 7,030       168,720       2,668        2,668       (416,209)      416,209
       Jul-98                     25              7,030        175,750      (1,089,699) 37.950%                 1,265,449                 7,030       175,750       2,668        2,668       (413,541)      413,541
      Aug-98                      26              7,030        182,780      (1,082,669) 37.950%                 1,265,449                 7,030       182,780       2,668        2,668       (410,873)      410,873
      Sep-98                      27              7,030        189,810      (1,075,639) 37.950%                 1,265,449                 7,030       189,810       2,668        2,668       (408,205)      408,205
      Oct-98                      28              7,030        196,840      (1,068,609) 37.950%                 1,265,449                 7,030       196,840       2,668        2,668       (405,537)      405,537
      Nov-98                      29              7,030        203,870      (1,061,579) 37.950%                 1,265,449                 7,030       203,870       2,668        2,668       (402,869)      402,869
      Dec-98                      30              7,030        210,900      (1,054,549) 37.950%                 1,265,449                 7,030       210,900       2,668        2,668       (400,201)      400,201
      Jan-99                      31              7,030        217,930      (1,047,519) 37.950%                 1,265,449                 7,030       217,930       2,668        2,668       (397,533)      397,533
      Feb-99                      32              7,030        224,960      (1,040,489) 37.950%                 1,265,449                 7,030       224,960       2,668        2,668       (394,866)      394,866
      Mar-99                      33              7,030        231,990      (1,033,459) 37.950%                 1,265,449                 7,030       231,990       2,668        2,668       (392,198)      392,198
      Apr-99                      34              7,030        239,020      (1,026,429) 37.950%                 1,265,449                 7,030       239,020       2,668        2,668       (389,530)      389,530
     May-99                       35              7,030        246,050      (1,019,399) 37.950%                 1,265,449                 7,030       246,050       2,668        2,668       (386,862)      386,862
      Jun-99                      36              7,030        253,080      (1,012,369) 37.950%                 1,265,449                 7,030       253,080       2,668        2,668       (384,194)      384,194
       Jul-99                     37              7,030        260,110      (1,005,339) 37.950%                 1,265,449                 7,030       260,110       2,668        2,668       (381,526)      381,526
      Aug-99                      38              7,030        267,140        (998,309) 37.950%                 1,265,449                 7,030       267,140       2,668        2,668       (378,858)      378,858
      Sep-99                      39              7,030        274,170        (991,279) 37.950%                 1,265,449                 7,030       274,170       2,668        2,668       (376,190)      376,190
      Oct-99                      40              7,030        281,200        (984,249) 37.950%                 1,265,449                 7,030       281,200       2,668        2,668       (373,522)      373,522
      Nov-99                      41              7,030        288,230        (977,219) 37.950%                 1,265,449                 7,030       288,230       2,668        2,668       (370,855)      370,855
      Dec-99                      42              7,030        295,260        (970,189) 37.950%                 1,265,449                 7,030       295,260       2,668        2,668       (368,187)      368,187
      Jan-00                      43              7,030        302,290        (963,159) 37.950%                 1,265,449                 7,030       302,290       2,668        2,668       (365,519)      365,519
      Feb-00                      44              7,030        309,320        (956,129) 37.950%                 1,265,449                 7,030       309,320       2,668        2,668       (362,851)      362,851
      Mar-00                      45              7,030        316,350        (949,099) 37.950%                 1,265,449                 7,030       316,350       2,668        2,668       (360,183)      360,183
      Apr-00                      46              7,030        323,380        (942,069) 37.950%                 1,265,449                 7,030       323,380       2,668        2,668       (357,515)      357,515
     May-00                       47              7,030        330,410        (935,039) 37.950%                 1,265,449                 7,030       330,410       2,668        2,668       (354,847)      354,847
      Jun-00                      48              7,030        337,440        (928,009) 37.950%                 1,265,449                 7,030       337,440       2,668        2,668       (352,179)      352,179
       Jul-00                     49              7,030        344,470        (920,979) 37.950%                 1,265,449                 7,030       344,470       2,668        2,668       (349,512)      349,512
      Aug-00                      50              7,030        351,500        (913,949) 37.950%                 1,265,449                 7,030       351,500       2,668        2,668       (346,844)      346,844
      Sep-00                      51              7,030        358,530        (906,919) 37.950%                 1,265,449                 7,030       358,530       2,668        2,668       (344,176)      344,176
      Oct-00                      52              7,030        365,560        (899,889) 37.950%                 1,265,449                 7,030       365,560       2,668        2,668       (341,508)      341,508
      Nov-00                      53              7,030        372,590        (892,859) 37.950%                 1,265,449                 7,030       372,590       2,668        2,668       (338,840)      338,840
      Dec-00                      54              7,030        379,620        (885,829) 37.950%                 1,265,449                 7,030       379,620       2,668        2,668       (336,172)      336,172
      Jan-01                      55              7,030        386,650        (878,799) 37.950%                 1,265,449                 7,030       386,650       2,668        2,668       (333,504)      333,504
      Feb-01                      56              7,030        393,680        (871,769) 37.950%                 1,265,449                 7,030       393,680       2,668        2,668       (330,836)      330,836
      Mar-01                      57              7,030        400,710        (864,739) 37.950%                 1,265,449                 7,030       400,710       2,668        2,668       (328,168)      328,168
      Apr-01                      58              7,030        407,740        (857,709) 37.950%                 1,265,449                 7,030       407,740       2,668        2,668       (325,501)      325,501
     May-01                       59              7,030        414,770        (850,679) 37.950%                 1,265,449                 7,030       414,770       2,668        2,668       (322,833)      322,833
      Jun-01                      60              7,030        421,800        (843,649) 37.950%                 1,265,449                 7,030       421,800       2,668        2,668       (320,165)      320,165
       Jul-01                     61              7,030        428,830        (836,619) 37.950%                 1,265,449                 7,030       428,830       2,668        2,668       (317,497)      317,497
      Aug-01                      62              7,030        435,860        (829,589) 37.950%                 1,265,449                 7,030       435,860       2,668        2,668       (314,829)      314,829
      Sep-01                      63              7,030        442,890        (822,559) 37.950%                 1,265,449                 7,030       442,890       2,668        2,668       (312,161)      312,161
      Oct-01                      64              7,030        449,920        (815,529) 37.950%                 1,265,449                 7,030       449,920       2,668        2,668       (309,493)      309,493
      Nov-01                      65              7,030        456,950        (808,499) 37.950%                 1,265,449                 7,030       456,950       2,668        2,668       (306,825)      306,825
      Dec-01                      66              7,030        463,980        (801,469) 37.950%                 1,265,449                 7,030       463,980       2,668        2,668       (304,157)      304,157
      Jan-02                      67              7,030        471,010        (794,439) 37.950%                 1,265,449                 7,030       471,010       2,668        2,668       (301,490)      301,490
      Feb-02                      68              7,030        478,040        (787,409) 37.950%                 1,265,449                 7,030       478,040       2,668        2,668       (298,822)      298,822
      Mar-02                      69              7,030        485,070        (780,379) 37.950%                 1,265,449                 7,030       485,070       2,668        2,668       (296,154)      296,154
      Apr-02                      70              7,030        492,100        (773,349) 37.950%                 1,265,449                 7,030       492,100       2,668        2,668       (293,486)      293,486
     May-02                       71              7,030        499,130        (766,319) 37.950%                 1,265,449                 7,030       499,130       2,668        2,668       (290,818)      290,818
      Jun-02                      72              7,030        506,160        (759,289) 37.950%                 1,265,449                 7,030       506,160       2,668        2,668       (288,150)      288,150
       Jul-02                     73              7,030        513,190        (752,259) 37.950%                 1,265,449                 7,030       513,190       2,668        2,668       (285,482)      285,482
      Aug-02                      74              7,030        520,220        (745,229) 37.950%                 1,265,449                 7,030       520,220       2,668        2,668       (282,814)      282,814
      Sep-02                      75              7,030        527,250        (738,199) 37.950%                 1,265,449                 7,030       527,250       2,668        2,668       (280,147)      280,147
      Oct-02                      76              7,030        534,280        (731,169) 37.950%                 1,265,449                 7,030       534,280       2,668        2,668       (277,479)      277,479
      Nov-02                      77              7,030        541,310        (724,139) 37.950%                 1,265,449                 7,030       541,310       2,668        2,668       (274,811)      274,811
      Dec-02                      78              7,030        548,340        (717,109) 37.950%                 1,265,449                 7,030       548,340       2,668        2,668       (272,143)      272,143
      Jan-03                      79              7,030        555,370        (710,079) 37.950%                 1,265,449                 7,030       555,370       2,668        2,668       (269,475)      269,475


                                                                                                                                                   Jul 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and EPA Auction
     (A)                (B)          (C)        (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                            [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                              D.I.T.        D.I.T.
                                             Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale    Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Feb-03                        80            7,030         562,400       (703,049) 37.950%                 1,265,449                 7,030        562,400      2,668        2,668       (266,807)      266,807
      Mar-03                        81            7,030         569,430       (696,019) 37.950%                 1,265,449                 7,030        569,430      2,668        2,668       (264,139)      264,139
      Apr-03                        82            7,030         576,460       (688,989) 37.950%                 1,265,449                 7,030        576,460      2,668        2,668       (261,471)      261,471
     May-03                         83            7,030         583,490       (681,959) 37.951%                 1,265,449                 7,030        583,490      2,668        2,668       (258,803)      258,803
      Jun-03                        84            7,030         590,520       (674,929) 37.951%                 1,265,449                 7,030        590,520      2,668        2,668       (256,135)      256,135
       Jul-03                       85            7,030         597,550       (667,899) 37.951%                 1,265,449                 7,030        597,550      2,668        2,668       (253,467)      253,467
      Aug-03                        86            7,030         604,580       (660,869) 37.951%                 1,265,449                 7,030        604,580      2,668        2,668       (250,800)      250,800
      Sep-03                        87            7,030         611,610       (653,839) 37.951%                 1,265,449                 7,030        611,610      2,668        2,668       (248,132)      248,132
      Oct-03                        88            7,030         618,640       (646,809) 37.951%                 1,265,449                 7,030        618,640      2,668        2,668       (245,464)      245,464
      Nov-03                        89            7,030         625,670       (639,779) 37.951%                 1,265,449                 7,030        625,670      2,668        2,668       (242,796)      242,796
      Dec-03                        90            7,030         632,700       (632,749) 37.951%                 1,265,449                 7,030        632,700      2,668        2,668       (240,128)      240,128
      Jan-04                        91            7,030         639,730       (625,719) 37.951%                 1,265,449                 7,030        639,730      2,668        2,668       (237,460)      237,460
      Feb-04                        92            7,030         646,760       (618,689) 37.951%                 1,265,449                 7,030        646,760      2,668        2,668       (234,792)      234,792
      Mar-04                        93            7,030         653,790       (611,659) 37.951%                 1,265,449                 7,030        653,790      2,668        2,668       (232,124)      232,124
      Apr-04                        94            7,030         660,820       (604,629) 37.951%                 1,265,449                 7,030        660,820      2,668        2,668       (229,456)      229,456
     May-04                         95            7,030         667,850       (597,599) 37.951%                 1,265,449                 7,030        667,850      2,668        2,668       (226,788)      226,788
      Jun-04                        96            7,030         674,880       (590,569) 37.951%                 1,265,449                 7,030        674,880      2,668        2,668       (224,120)      224,120
       Jul-04                       97            7,030         681,910       (583,539) 37.951%                 1,265,449                 7,030        681,910      2,668        2,668       (221,452)      221,452
      Aug-04                        98            7,030         688,940       (576,509) 37.951%                 1,265,449                 7,030        688,940      2,668        2,668       (218,784)      218,784
      Sep-04                        99            7,030         695,970       (569,479) 37.951%                 1,265,449                 7,030        695,970      2,668        2,668       (216,116)      216,116
      Oct-04                       100            7,030         703,000       (562,449) 37.951%                 1,265,449                 7,030        703,000      2,668        2,668       (213,448)      213,448
      Nov-04                       101            7,030         710,030       (555,419) 37.951%                 1,265,449                 7,030        710,030      2,668        2,668       (210,780)      210,780
      Dec-04                       102            7,030         717,060       (548,389) 37.951%                 1,265,449                 7,030        717,060      2,668        2,668       (208,112)      208,112
      Jan-05                       103            7,030         724,090       (541,359) 37.951%                 1,265,449                 7,030        724,090      2,668        2,668       (205,444)      205,444
      Feb-05                       104            7,030         731,120       (534,329) 37.951%                 1,265,449                 7,030        731,120      2,668        2,668       (202,776)      202,776
      Mar-05                       105            7,030         738,150       (527,299) 37.951%                 1,265,449                 7,030        738,150      2,668        2,668       (200,108)      200,108
      Apr-05                       106            7,030         745,180       (520,269) 37.951%                 1,265,449                 7,030        745,180      2,668        2,668       (197,440)      197,440
     May-05                        107            7,030         752,210       (513,239) 37.951%                 1,265,449                 7,030        752,210      2,668        2,668       (194,772)      194,772
      Jun-05                       108            7,030         759,240       (506,209) 37.951%                 1,265,449                 7,030        759,240      2,668        2,668       (192,104)      192,104
       Jul-05                      109            7,030         766,270       (499,179) 37.951%                 1,265,449                 7,030        766,270      2,668        2,668       (189,437)      189,437
      Aug-05                       110            7,030         773,300       (492,149) 37.951%                 1,265,449                 7,030        773,300      2,668        2,668       (186,769)      186,769
      Sep-05                       111            7,030         780,330       (485,119) 37.951%                 1,265,449                 7,030        780,330      2,668        2,668       (184,101)      184,101
      Oct-05                       112            7,030         787,360       (478,089) 37.951%                 1,265,449                 7,030        787,360      2,668        2,668       (181,433)      181,433
      Nov-05                       113            7,030         794,390       (471,059) 37.951%                 1,265,449                 7,030        794,390      2,668        2,668       (178,765)      178,765
      Dec-05                       114            7,030         801,420       (464,029) 37.951%                 1,265,449                 7,030        801,420      2,668        2,668       (176,097)      176,097
      Jan-06                       115            7,030         808,450       (456,999) 37.951%                 1,265,449                 7,030        808,450      2,668        2,668       (173,429)      173,429
      Feb-06                       116            7,030         815,480       (449,969) 37.951%                 1,265,449                 7,030        815,480      2,668        2,668       (170,761)      170,761
      Mar-06                       117            7,030         822,510       (442,939) 37.951%                 1,265,449                 7,030        822,510      2,668        2,668       (168,093)      168,093
      Apr-06                       118            7,030         829,540       (435,909) 37.951%                 1,265,449                 7,030        829,540      2,668        2,668       (165,425)      165,425
     May-06                        119            7,030         836,570       (428,879) 37.951%                 1,265,449                 7,030        836,570      2,668        2,668       (162,757)      162,757
      Jun-06                       120            7,030         843,600       (421,849) 37.951%                 1,265,449                 7,030        843,600      2,668        2,668       (160,089)      160,089
       Jul-06                      121            7,030         850,630       (414,819) 37.951%                 1,265,449                 7,030        850,630      2,668        2,668       (157,421)      157,421
      Aug-06                       122            7,030         857,660       (407,789) 37.951%                 1,265,449                 7,030        857,660      2,668        2,668       (154,753)      154,753
      Sep-06                       123            7,030         864,690       (400,759) 37.951%                 1,265,449                 7,030        864,690      2,668        2,668       (152,085)      152,085
      Oct-06                       124            7,030         871,720       (393,729) 37.951%                 1,265,449                 7,030        871,720      2,668        2,668       (149,417)      149,417
      Nov-06                       125            7,030         878,750       (386,699) 37.951%                 1,265,449                 7,030        878,750      2,668        2,668       (146,749)      146,749
      Dec-06                       126            7,030         885,780       (379,669) 37.951%                 1,265,449                 7,030        885,780      2,668        2,668       (144,081)      144,081
      Jan-07                       127            7,030         892,810       (372,639) 37.951%                 1,265,449                 7,030        892,810      2,668        2,668       (141,413)      141,413
      Feb-07                       128            7,030         899,840       (365,609) 37.951%                 1,265,449                 7,030        899,840      2,668        2,668       (138,745)      138,745
      Mar-07                       129            7,030         906,870       (358,579) 37.951%                 1,265,449                 7,030        906,870      2,668        2,668       (136,077)      136,077
      Apr-07                       130            7,030         913,900       (351,549) 37.951%                 1,265,449                 7,030        913,900      2,668        2,668       (133,409)      133,409
     May-07                        131            7,030         920,930       (344,519) 37.951%                 1,265,449                 7,030        920,930      2,668        2,668       (130,742)      130,742
      Jun-07                       132            7,030         927,960       (337,489) 37.951%                 1,265,449                 7,030        927,960      2,668        2,668       (128,074)      128,074
       Jul-07                      133            7,030         934,990       (330,459) 37.951%                 1,265,449                 7,030        934,990      2,668        2,668       (125,406)      125,406
      Aug-07                       134            7,030         942,020       (323,429) 37.951%                 1,265,449                 7,030        942,020      2,668        2,668       (122,738)      122,738
      Sep-07                       135            7,030         949,050       (316,399) 37.951%                 1,265,449                 7,030        949,050      2,668        2,668       (120,070)      120,070
      Oct-07                       136            7,030         956,080       (309,369) 37.951%                 1,265,449                 7,030        956,080      2,668        2,668       (117,402)      117,402
      Nov-07                       137            7,030         963,110       (302,339) 37.951%                 1,265,449                 7,030        963,110      2,668        2,668       (114,734)      114,734
      Dec-07                       138            7,030         970,140       (295,309) 37.951%                 1,265,449                 7,030        970,140      2,668        2,668       (112,066)      112,066
      Jan-08                       139            7,030         977,170       (288,279) 37.951%                 1,265,449                 7,030        977,170      2,668        2,668       (109,398)      109,398
      Feb-08                       140            7,030         984,200       (281,249) 37.951%                 1,265,449                 7,030        984,200      2,668        2,668       (106,730)      106,730
      Mar-08                       141            7,030         991,230       (274,219) 37.951%                 1,265,449                 7,030        991,230      2,668        2,668       (104,062)      104,062
      Apr-08                       142            7,030         998,260       (267,189) 37.951%                 1,265,449                 7,030        998,260      2,668        2,668       (101,394)      101,394
     May-08                        143            7,030       1,005,290       (260,159) 37.951%                 1,265,449                 7,030      1,005,290      2,668        2,668        (98,726)       98,726
      Jun-08                       144            7,030       1,012,320       (253,129) 37.951%                 1,265,449                 7,030      1,012,320      2,668        2,668        (96,058)       96,058
       Jul-08                      145            7,030       1,019,350       (246,099) 37.951%                 1,265,449                 7,030      1,019,350      2,668        2,668        (93,390)       93,390
      Aug-08                       146            7,030       1,026,380       (239,069) 37.951%                 1,265,449                 7,030      1,026,380      2,668        2,668        (90,722)       90,722
      Sep-08                       147            7,030       1,033,410       (232,039) 37.951%                 1,265,449                 7,030      1,033,410      2,668        2,668        (88,054)       88,054
      Oct-08                       148            7,030       1,040,440       (225,009) 37.951%                 1,265,449                 7,030      1,040,440      2,668        2,668        (85,386)       85,386
      Nov-08                       149            7,030       1,047,470       (217,979) 37.951%                 1,265,449                 7,030      1,047,470      2,668        2,668        (82,718)       82,718
      Dec-08                       150            7,030       1,054,500       (210,949) 37.951%                 1,265,449                 7,030      1,054,500      2,668        2,668        (80,050)       80,050
      Jan-09                       151            7,030       1,061,530       (203,919) 37.951%                 1,265,449                 7,030      1,061,530      2,668        2,668        (77,382)       77,382
      Feb-09                       152            7,030       1,068,560       (196,889) 37.951%                 1,265,449                 7,030      1,068,560      2,668        2,668        (74,714)       74,714
      Mar-09                       153            7,030       1,075,590       (189,859) 37.951%                 1,265,449                 7,030      1,075,590      2,668        2,668        (72,046)       72,046
      Apr-09                       154            7,030       1,082,620       (182,829) 37.951%                 1,265,449                 7,030      1,082,620      2,668        2,668        (69,379)       69,379
     May-09                        155            7,030       1,089,650       (175,799) 37.951%                 1,265,449                 7,030      1,089,650      2,668        2,668        (66,711)       66,711
      Jun-09                       156            7,030       1,096,680       (168,769) 37.951%                 1,265,449                 7,030      1,096,680      2,668        2,668        (64,043)       64,043
       Jul-09                      157            7,030       1,103,710       (161,739) 37.951%                 1,265,449                 7,030      1,103,710      2,668        2,668        (61,375)       61,375
      Aug-09                       158            7,030       1,110,740       (154,709) 37.951%                 1,265,449                 7,030      1,110,740      2,668        2,668        (58,707)       58,707


                                                                                                                                                   Jul 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and EPA Auction
     (A)                (B)          (C)        (D)              (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                            [(B)/48]*1]        (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Sep-09                          159            7,030       1,117,770         (147,679) 37.951%                 1,265,449                   7,030       1,117,770       2,668         2,668        (56,039)       56,039
      Oct-09                          160            7,030       1,124,800         (140,649) 37.951%                 1,265,449                   7,030       1,124,800       2,668         2,668        (53,371)       53,371
      Nov-09                          161            7,030       1,131,830         (133,619) 37.951%                 1,265,449                   7,030       1,131,830       2,668         2,668        (50,703)       50,703
      Dec-09                          162            7,030       1,138,860         (126,589) 37.951%                 1,265,449                   7,030       1,138,860       2,668         2,668        (48,035)       48,035
      Jan-10                          163            7,030       1,145,890         (119,559) 37.951%                 1,265,449                   7,030       1,145,890       2,668         2,668        (45,367)       45,367
      Feb-10                          164            7,030       1,152,920         (112,529) 37.951%                 1,265,449                   7,030       1,152,920       2,668         2,668        (42,699)       42,699
      Mar-10                          165            7,030       1,159,950         (105,499) 37.951%                 1,265,449                   7,030       1,159,950       2,668         2,668        (40,031)       40,031
      Apr-10                          166            7,030       1,166,980          (98,469) 37.951%                 1,265,449                   7,030       1,166,980       2,668         2,668        (37,363)       37,363
     May-10                           167            7,030       1,174,010          (91,439) 37.951%                 1,265,449                   7,030       1,174,010       2,668         2,668        (34,695)       34,695
      Jun-10                          168            7,030       1,181,040          (84,409) 37.951%                 1,265,449                   7,030       1,181,040       2,668         2,668        (32,027)       32,027
       Jul-10                         169            7,030       1,188,070          (77,379) 37.951%                 1,265,449                   7,030       1,188,070       2,668         2,668        (29,359)       29,359
      Aug-10                          170            7,030       1,195,100          (70,349) 37.951%                 1,265,449                   7,030       1,195,100       2,668         2,668        (26,691)       26,691
      Sep-10                          171            7,030       1,202,130          (63,319) 37.951%                 1,265,449                   7,030       1,202,130       2,668         2,668        (24,023)       24,023
      Oct-10                          172            7,030       1,209,160          (56,289) 37.951%                 1,265,449                   7,030       1,209,160       2,668         2,668        (21,355)       21,355
      Nov-10                          173            7,030       1,216,190          (49,259) 37.951%                 1,265,449                   7,030       1,216,190       2,668         2,668        (18,687)       18,687
      Dec-10                          174            7,030       1,223,220          (42,229) 37.951%                 1,265,449                   7,030       1,223,220       2,668         2,668        (16,019)       16,019
      Jan-11                          175            7,030       1,230,250          (35,199) 37.951%                 1,265,449                   7,030       1,230,250       2,668         2,668        (13,351)       13,351
      Feb-11                          176            7,030       1,237,280          (28,169) 37.951%                 1,265,449                   7,030       1,237,280       2,668         2,668        (10,684)       10,684
      Mar-11                          177            7,030       1,244,310          (21,139) 37.951%                 1,265,449                   7,030       1,244,310       2,668         2,668         (8,016)        8,016
      Apr-11                          178            7,030       1,251,340          (14,109) 37.951%                 1,265,449                   7,030       1,251,340       2,668         2,668         (5,348)        5,348
     May-11                           179            7,030       1,258,370           (7,079) 37.951%                 1,265,449                   7,030       1,258,370       2,668         2,668         (2,680)        2,680
      Jun-11                          180            7,079       1,265,449                0 37.951%                  1,265,449                   7,079       1,265,449       2,687         2,687              7            (7)

        Totals         (1,265,449)              1,265,449                                              1,265,449                   480,238    1,265,449                    480,245            7     (42,982,615)     42,982,615

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Jul 1996
SO2 Allowance Sales Gain - Amortization Schedule
Proceeds from EPA Auction
     (A)              (B)       (C)         (D)             (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)            (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                               D.I.T.         D.I.T.
                                           Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly       Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense         Expense       Reserve      Dec-09   Dec-10   Total
      Aug-96            (3,308)   1                18              18         (3,290)   37.950%         3,308        3,308     1,255          18             18          7       (1,249)         (1,249)        1,249   2,898    3,114    216     Amortization For The Test Period
      Sep-96                      2                18              36         (3,272)   37.950%                      3,308                    18             36          7            7          (1,242)        1,242    (156)     (74)    82     D.I.T. Expense For the Test Period
      Oct-96                      3                18              54         (3,254)   37.950%                      3,308                    18             54          7            7          (1,235)        1,235     156       74    115     Average Deferred Tax Reserve Balance
      Nov-96                      4                18              72         (3,236)   37.950%                      3,308                    18             72          7            7          (1,228)        1,228
      Dec-96                      5                18              90         (3,218)   37.950%                      3,308                    18             90          7            7          (1,221)        1,221   3,308    3,308      0     Tax Gain (SCHMAT) For The Test Period
      Jan-97                      6                18             108         (3,200)   37.950%                      3,308                    18            108          7            7          (1,214)        1,214   2,898    3,114    216     Realized Book Gain (SCHMDT) For The Test Period
      Feb-97                      7                18             126         (3,182)   37.950%                      3,308                    18            126          7            7          (1,208)        1,208
      Mar-97                      8                18             144         (3,164)   37.950%                      3,308                    18            144          7            7          (1,201)        1,201
      Apr-97                      9                18             162         (3,146)   37.950%                      3,308                    18            162          7            7          (1,194)        1,194
      May-97                      10               18             180         (3,128)   37.950%                      3,308                    18            180          7            7          (1,187)        1,187
      Jun-97                      11               18             198         (3,110)   37.950%                      3,308                    18            198          7            7          (1,180)        1,180
       Jul-97                     12               18             216         (3,092)   37.950%                      3,308                    18            216          7            7          (1,173)        1,173
      Aug-97                      13               18             234         (3,074)   37.950%                      3,308                    18            234          7            7          (1,167)        1,167
      Sep-97                      14               18             252         (3,056)   37.950%                      3,308                    18            252          7            7          (1,160)        1,160
      Oct-97                      15               18             270         (3,038)   37.950%                      3,308                    18            270          7            7          (1,153)        1,153
      Nov-97                      16               18             288         (3,020)   37.950%                      3,308                    18            288          7            7          (1,146)        1,146
      Dec-97                      17               18             306         (3,002)   37.950%                      3,308                    18            306          7            7          (1,139)        1,139
      Jan-98                      18               18             324         (2,984)   37.950%                      3,308                    18            324          7            7          (1,132)        1,132
      Feb-98                      19               18             342         (2,966)   37.950%                      3,308                    18            342          7            7          (1,126)        1,126
      Mar-98                      20               18             360         (2,948)   37.950%                      3,308                    18            360          7            7          (1,119)        1,119
      Apr-98                      21               18             378         (2,930)   37.950%                      3,308                    18            378          7            7          (1,112)        1,112
      May-98                      22               18             396         (2,912)   37.950%                      3,308                    18            396          7            7          (1,105)        1,105
      Jun-98                      23               18             414         (2,894)   37.950%                      3,308                    18            414          7            7          (1,098)        1,098
       Jul-98                     24               18             432         (2,876)   37.950%                      3,308                    18            432          7            7          (1,091)        1,091
      Aug-98                      25               18             450         (2,858)   37.950%                      3,308                    18            450          7            7          (1,085)        1,085
      Sep-98                      26               18             468         (2,840)   37.950%                      3,308                    18            468          7            7          (1,078)        1,078
      Oct-98                      27               18             486         (2,822)   37.950%                      3,308                    18            486          7            7          (1,071)        1,071
      Nov-98                      28               18             504         (2,804)   37.950%                      3,308                    18            504          7            7          (1,064)        1,064
      Dec-98                      29               18             522         (2,786)   37.950%                      3,308                    18            522          7            7          (1,057)        1,057
      Jan-99                      30               18             540         (2,768)   37.950%                      3,308                    18            540          7            7          (1,050)        1,050
      Feb-99                      31               18             558         (2,750)   37.950%                      3,308                    18            558          7            7          (1,044)        1,044
      Mar-99                      32               18             576         (2,732)   37.950%                      3,308                    18            576          7            7          (1,037)        1,037
      Apr-99                      33               18             594         (2,714)   37.950%                      3,308                    18            594          7            7          (1,030)        1,030
      May-99                      34               18             612         (2,696)   37.950%                      3,308                    18            612          7            7          (1,023)        1,023
      Jun-99                      35               18             630         (2,678)   37.950%                      3,308                    18            630          7            7          (1,016)        1,016
       Jul-99                     36               18             648         (2,660)   37.950%                      3,308                    18            648          7            7          (1,009)        1,009
      Aug-99                      37               18             666         (2,642)   37.950%                      3,308                    18            666          7            7          (1,003)        1,003
      Sep-99                      38               18             684         (2,624)   37.950%                      3,308                    18            684          7            7            (996)          996
      Oct-99                      39               18             702         (2,606)   37.950%                      3,308                    18            702          7            7            (989)          989
      Nov-99                      40               18             720         (2,588)   37.950%                      3,308                    18            720          7            7            (982)          982
      Dec-99                      41               18             738         (2,570)   37.950%                      3,308                    18            738          7            7            (975)          975
      Jan-00                      42               18             756         (2,552)   37.950%                      3,308                    18            756          7            7            (968)          968
      Feb-00                      43               18             774         (2,534)   37.950%                      3,308                    18            774          7            7            (962)          962
      Mar-00                      44               18             792         (2,516)   37.950%                      3,308                    18            792          7            7            (955)          955
      Apr-00                      45               18             810         (2,498)   37.950%                      3,308                    18            810          7            7            (948)          948
      May-00                      46               18             828         (2,480)   37.950%                      3,308                    18            828          7            7            (941)          941
      Jun-00                      47               18             846         (2,462)   37.950%                      3,308                    18            846          7            7            (934)          934
       Jul-00                     48               18             864         (2,444)   37.950%                      3,308                    18            864          7            7            (927)          927
      Aug-00                      49               18             882         (2,426)   37.950%                      3,308                    18            882          7            7            (921)          921
      Sep-00                      50               18             900         (2,408)   37.950%                      3,308                    18            900          7            7            (914)          914
      Oct-00                      51               18             918         (2,390)   37.950%                      3,308                    18            918          7            7            (907)          907
      Nov-00                      52               18             936         (2,372)   37.950%                      3,308                    18            936          7            7            (900)          900
      Dec-00                      53               18             954         (2,354)   37.950%                      3,308                    18            954          7            7            (893)          893
      Jan-01                      54               18             972         (2,336)   37.950%                      3,308                    18            972          7            7            (887)          887
      Feb-01                      55               18             990         (2,318)   37.950%                      3,308                    18            990          7            7            (880)          880
      Mar-01                      56               18           1,008         (2,300)   37.950%                      3,308                    18          1,008          7            7            (873)          873
      Apr-01                      57               18           1,026         (2,282)   37.950%                      3,308                    18          1,026          7            7            (866)          866
      May-01                      58               18           1,044         (2,264)   37.950%                      3,308                    18          1,044          7            7            (859)          859
      Jun-01                      59               18           1,062         (2,246)   37.950%                      3,308                    18          1,062          7            7            (852)          852
       Jul-01                     60               18           1,080         (2,228)   37.950%                      3,308                    18          1,080          7            7            (846)          846
      Aug-01                      61               18           1,098         (2,210)   37.950%                      3,308                    18          1,098          7            7            (839)          839
      Sep-01                      62               18           1,116         (2,192)   37.950%                      3,308                    18          1,116          7            7            (832)          832
      Oct-01                      63               18           1,134         (2,174)   37.950%                      3,308                    18          1,134          7            7            (825)          825
      Nov-01                      64               18           1,152         (2,156)   37.950%                      3,308                    18          1,152          7            7            (818)          818
      Dec-01                      65               18           1,170         (2,138)   37.950%                      3,308                    18          1,170          7            7            (811)          811
      Jan-02                      66               18           1,188         (2,120)   37.950%                      3,308                    18          1,188          7            7            (805)          805
      Feb-02                      67               18           1,206         (2,102)   37.950%                      3,308                    18          1,206          7            7            (798)          798
      Mar-02                      68               18           1,224         (2,084)   37.950%                      3,308                    18          1,224          7            7            (791)          791
      Apr-02                      69               18           1,242         (2,066)   37.950%                      3,308                    18          1,242          7            7            (784)          784
      May-02                      70               18           1,260         (2,048)   37.950%                      3,308                    18          1,260          7            7            (777)          777
      Jun-02                      71               18           1,278         (2,030)   37.950%                      3,308                    18          1,278          7            7            (770)          770
       Jul-02                     72               18           1,296         (2,012)   37.950%                      3,308                    18          1,296          7            7            (764)          764
      Aug-02                      73               18           1,314         (1,994)   37.950%                      3,308                    18          1,314          7            7            (757)          757
      Sep-02                      74               18           1,332         (1,976)   37.950%                      3,308                    18          1,332          7            7            (750)          750
      Oct-02                      75               18           1,350         (1,958)   37.950%                      3,308                    18          1,350          7            7            (743)          743
      Nov-02                      76               18           1,368         (1,940)   37.950%                      3,308                    18          1,368          7            7            (736)          736
      Dec-02                      77               18           1,386         (1,922)   37.950%                      3,308                    18          1,386          7            7            (729)          729


                                                                                                                                                   Aug 1996
SO2 Allowance Sales Gain - Amortization Schedule
Proceeds from EPA Auction
     (A)              (B)       (C)         (D)              (E)            (F)            (G)          (H)         (I)         (J)        (K)           (L)         (M)         (N)             (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                             (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                                D.I.T.          D.I.T.
                                            Monthly      Accumulated     Balance to                 Monthly Tax Accumulated              Monthly     Accumulated              Monthly        Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize       Tax Rate      Gain       Tax Gain     Tax      Book Gain     Book Gain    Book Tax   Expense          Expense       Reserve      Dec-09   Dec-10   Total
      Jan-03                       78               18           1,404         (1,904)   37.950%                      3,308                    18          1,404          7              7           (723)          723
      Feb-03                       79               18           1,422         (1,886)   37.950%                      3,308                    18          1,422          7              7           (716)          716
      Mar-03                       80               18           1,440         (1,868)   37.950%                      3,308                    18          1,440          7              7           (709)          709
      Apr-03                       81               18           1,458         (1,850)   37.950%                      3,308                    18          1,458          7              7           (702)          702
      May-03                       82               18           1,476         (1,832)   37.951%                      3,308                    18          1,476          7              7           (695)          695
      Jun-03                       83               18           1,494         (1,814)   37.951%                      3,308                    18          1,494          7              7           (688)          688
       Jul-03                      84               18           1,512         (1,796)   37.951%                      3,308                    18          1,512          7              7           (682)          682
      Aug-03                       85               18           1,530         (1,778)   37.951%                      3,308                    18          1,530          7              7           (675)          675
      Sep-03                       86               18           1,548         (1,760)   37.951%                      3,308                    18          1,548          7              7           (668)          668
      Oct-03                       87               18           1,566         (1,742)   37.951%                      3,308                    18          1,566          7              7           (661)          661
      Nov-03                       88               18           1,584         (1,724)   37.951%                      3,308                    18          1,584          7              7           (654)          654
      Dec-03                       89               18           1,602         (1,706)   37.951%                      3,308                    18          1,602          7              7           (647)          647
      Jan-04                       90               18           1,620         (1,688)   37.951%                      3,308                    18          1,620          7              7           (641)          641
      Feb-04                       91               18           1,638         (1,670)   37.951%                      3,308                    18          1,638          7              7           (634)          634
      Mar-04                       92               18           1,656         (1,652)   37.951%                      3,308                    18          1,656          7              7           (627)          627
      Apr-04                       93               18           1,674         (1,634)   37.951%                      3,308                    18          1,674          7              7           (620)          620
      May-04                       94               18           1,692         (1,616)   37.951%                      3,308                    18          1,692          7              7           (613)          613
      Jun-04                       95               18           1,710         (1,598)   37.951%                      3,308                    18          1,710          7              7           (606)          606
       Jul-04                      96               18           1,728         (1,580)   37.951%                      3,308                    18          1,728          7              7           (600)          600
      Aug-04                       97               18           1,746         (1,562)   37.951%                      3,308                    18          1,746          7              7           (593)          593
      Sep-04                       98               18           1,764         (1,544)   37.951%                      3,308                    18          1,764          7              7           (586)          586
      Oct-04                       99               18           1,782         (1,526)   37.951%                      3,308                    18          1,782          7              7           (579)          579
      Nov-04                      100               18           1,800         (1,508)   37.951%                      3,308                    18          1,800          7              7           (572)          572
      Dec-04                      101               18           1,818         (1,490)   37.951%                      3,308                    18          1,818          7              7           (565)          565
      Jan-05                      102               18           1,836         (1,472)   37.951%                      3,308                    18          1,836          7              7           (559)          559
      Feb-05                      103               18           1,854         (1,454)   37.951%                      3,308                    18          1,854          7              7           (552)          552
      Mar-05                      104               18           1,872         (1,436)   37.951%                      3,308                    18          1,872          7              7           (545)          545
      Apr-05                      105               18           1,890         (1,418)   37.951%                      3,308                    18          1,890          7              7           (538)          538
      May-05                      106               18           1,908         (1,400)   37.951%                      3,308                    18          1,908          7              7           (531)          531
      Jun-05                      107               18           1,926         (1,382)   37.951%                      3,308                    18          1,926          7              7           (524)          524
       Jul-05                     108               18           1,944         (1,364)   37.951%                      3,308                    18          1,944          7              7           (518)          518
      Aug-05                      109               18           1,962         (1,346)   37.951%                      3,308                    18          1,962          7              7           (511)          511
      Sep-05                      110               18           1,980         (1,328)   37.951%                      3,308                    18          1,980          7              7           (504)          504
      Oct-05                      111               18           1,998         (1,310)   37.951%                      3,308                    18          1,998          7              7           (497)          497
      Nov-05                      112               18           2,016         (1,292)   37.951%                      3,308                    18          2,016          7              7           (490)          490
      Dec-05                      113               18           2,034         (1,274)   37.951%                      3,308                    18          2,034          7              7           (483)          483
      Jan-06                      114               18           2,052         (1,256)   37.951%                      3,308                    18          2,052          7              7           (477)          477
      Feb-06                      115               18           2,070         (1,238)   37.951%                      3,308                    18          2,070          7              7           (470)          470
      Mar-06                      116               18           2,088         (1,220)   37.951%                      3,308                    18          2,088          7              7           (463)          463
      Apr-06                      117               18           2,106         (1,202)   37.951%                      3,308                    18          2,106          7              7           (456)          456
      May-06                      118               18           2,124         (1,184)   37.951%                      3,308                    18          2,124          7              7           (449)          449
      Jun-06                      119               18           2,142         (1,166)   37.951%                      3,308                    18          2,142          7              7           (442)          442
       Jul-06                     120               18           2,160         (1,148)   37.951%                      3,308                    18          2,160          7              7           (436)          436
      Aug-06                      121               18           2,178         (1,130)   37.951%                      3,308                    18          2,178          7              7           (429)          429
      Sep-06                      122               18           2,196         (1,112)   37.951%                      3,308                    18          2,196          7              7           (422)          422
      Oct-06                      123               18           2,214         (1,094)   37.951%                      3,308                    18          2,214          7              7           (415)          415
      Nov-06                      124               18           2,232         (1,076)   37.951%                      3,308                    18          2,232          7              7           (408)          408
      Dec-06                      125               18           2,250         (1,058)   37.951%                      3,308                    18          2,250          7              7           (402)          402
      Jan-07                      126               18           2,268         (1,040)   37.951%                      3,308                    18          2,268          7              7           (395)          395
      Feb-07                      127               18           2,286         (1,022)   37.951%                      3,308                    18          2,286          7              7           (388)          388
      Mar-07                      128               18           2,304         (1,004)   37.951%                      3,308                    18          2,304          7              7           (381)          381
      Apr-07                      129               18           2,322           (986)   37.951%                      3,308                    18          2,322          7              7           (374)          374
      May-07                      130               18           2,340           (968)   37.951%                      3,308                    18          2,340          7              7           (367)          367
      Jun-07                      131               18           2,358           (950)   37.951%                      3,308                    18          2,358          7              7           (361)          361
       Jul-07                     132               18           2,376           (932)   37.951%                      3,308                    18          2,376          7              7           (354)          354
      Aug-07                      133               18           2,394           (914)   37.951%                      3,308                    18          2,394          7              7           (347)          347
      Sep-07                      134               18           2,412           (896)   37.951%                      3,308                    18          2,412          7              7           (340)          340
      Oct-07                      135               18           2,430           (878)   37.951%                      3,308                    18          2,430          7              7           (333)          333
      Nov-07                      136               18           2,448           (860)   37.951%                      3,308                    18          2,448          7              7           (326)          326
      Dec-07                      137               18           2,466           (842)   37.951%                      3,308                    18          2,466          7              7           (320)          320
      Jan-08                      138               18           2,484           (824)   37.951%                      3,308                    18          2,484          7              7           (313)          313
      Feb-08                      139               18           2,502           (806)   37.951%                      3,308                    18          2,502          7              7           (306)          306
      Mar-08                      140               18           2,520           (788)   37.951%                      3,308                    18          2,520          7              7           (299)          299
      Apr-08                      141               18           2,538           (770)   37.951%                      3,308                    18          2,538          7              7           (292)          292
      May-08                      142               18           2,556           (752)   37.951%                      3,308                    18          2,556          7              7           (285)          285
      Jun-08                      143               18           2,574           (734)   37.951%                      3,308                    18          2,574          7              7           (279)          279
       Jul-08                     144               18           2,592           (716)   37.951%                      3,308                    18          2,592          7              7           (272)          272
      Aug-08                      145               18           2,610           (698)   37.951%                      3,308                    18          2,610          7              7           (265)          265
      Sep-08                      146               18           2,628           (680)   37.951%                      3,308                    18          2,628          7              7           (258)          258
      Oct-08                      147               18           2,646           (662)   37.951%                      3,308                    18          2,646          7              7           (251)          251
      Nov-08                      148               18           2,664           (644)   37.951%                      3,308                    18          2,664          7              7           (244)          244
      Dec-08                      149               18           2,682           (626)   37.951%                      3,308                    18          2,682          7              7           (238)          238
      Jan-09                      150               18           2,700           (608)   37.951%                      3,308                    18          2,700          7              7           (231)          231
      Feb-09                      151               18           2,718           (590)   37.951%                      3,308                    18          2,718          7              7           (224)          224
      Mar-09                      152               18           2,736           (572)   37.951%                      3,308                    18          2,736          7              7           (217)          217
      Apr-09                      153               18           2,754           (554)   37.951%                      3,308                    18          2,754          7              7           (210)          210
      May-09                      154               18           2,772           (536)   37.951%                      3,308                    18          2,772          7              7           (203)          203


                                                                                                                                                    Aug 1996
SO2 Allowance Sales Gain - Amortization Schedule
Proceeds from EPA Auction
     (A)              (B)       (C)         (D)                (E)                 (F)          (G)            (H)       (I)          (J)              (K)          (L)          (M)            (N)             (O)               (P)
                                        [(B)/48]*1]          (D)*(C)             (B)+(E)                                            (H)*(G)            (D)                     (K)*(G)        (M)-(J)
                                                                                                                                                                                               D.I.T.          D.I.T.
                                              Monthly      Accumulated       Balance to                  Monthly Tax Accumulated                  Monthly       Accumulated                  Monthly        Accumulated    Deferred Tax
 Date of Sale    Amount of Sale    Months   Amortization   Amortization       Amortize        Tax Rate      Gain       Tax Gain          Tax     Book Gain       Book Gain     Book Tax      Expense          Expense        Reserve        Dec-09   Dec-10   Total
      Jun-09                        155               18           2,790             (518)    37.951%                      3,308                        18            2,790           7              7              (197)           197
       Jul-09                       156               18           2,808             (500)    37.951%                      3,308                        18            2,808           7              7              (190)           190
      Aug-09                        157               18           2,826             (482)    37.951%                      3,308                        18            2,826           7              7              (183)           183
      Sep-09                        158               18           2,844             (464)    37.951%                      3,308                        18            2,844           7              7              (176)           176
      Oct-09                        159               18           2,862             (446)    37.951%                      3,308                        18            2,862           7              7              (169)           169
      Nov-09                        160               18           2,880             (428)    37.951%                      3,308                        18            2,880           7              7              (162)           162
      Dec-09                        161               18           2,898             (410)    37.951%                      3,308                        18            2,898           7              7              (156)           156
      Jan-10                        162               18           2,916             (392)    37.951%                      3,308                        18            2,916           7              7              (149)           149
      Feb-10                        163               18           2,934             (374)    37.951%                      3,308                        18            2,934           7              7              (142)           142
      Mar-10                        164               18           2,952             (356)    37.951%                      3,308                        18            2,952           7              7              (135)           135
      Apr-10                        165               18           2,970             (338)    37.951%                      3,308                        18            2,970           7              7              (128)           128
      May-10                        166               18           2,988             (320)    37.951%                      3,308                        18            2,988           7              7              (121)           121
      Jun-10                        167               18           3,006             (302)    37.951%                      3,308                        18            3,006           7              7              (115)           115
       Jul-10                       168               18           3,024             (284)    37.951%                      3,308                        18            3,024           7              7              (108)           108
      Aug-10                        169               18           3,042             (266)    37.951%                      3,308                        18            3,042           7              7              (101)           101
      Sep-10                        170               18           3,060             (248)    37.951%                      3,308                        18            3,060           7              7                (94)           94
      Oct-10                        171               18           3,078             (230)    37.951%                      3,308                        18            3,078           7              7                (87)           87
      Nov-10                        172               18           3,096             (212)    37.951%                      3,308                        18            3,096           7              7                (80)           80
      Dec-10                        173               18           3,114             (194)    37.951%                      3,308                        18            3,114           7              7                (74)           74
      Jan-11                        174               18           3,132             (176)    37.951%                      3,308                        18            3,132           7              7                (67)           67
      Feb-11                        175               18           3,150             (158)    37.951%                      3,308                        18            3,150           7              7                (60)           60
      Mar-11                        176               18           3,168             (140)    37.951%                      3,308                        18            3,168           7              7                (53)           53
      Apr-11                        177               18           3,186             (122)    37.951%                      3,308                        18            3,186           7              7                (46)           46
      May-11                        178               18           3,204             (104)    37.951%                      3,308                        18            3,204           7              7                (39)           39
      Jun-11                        179               18           3,222               (86)   37.951%                      3,308                        18            3,222           7              7                (33)           33
       Jul-11                       180               86           3,308                 0    37.951%                      3,308                        86            3,308          33             33                  0            (0)

       Totals            (3,308)                  3,308                                                        3,308                     1,255         3,308                        1,255               0       (114,666)         114,666

END             END                END      END                            END                END        END                       END           END                          END           END                             END               END      END    END END




                                                                                                                                                               Aug 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Sep-96        (1,600,000)   1             8,889           8,889     (1,591,111) 37.950% 1,600,000       1,600,000   607,200       8,889          8,889      3,373    (603,827)       (603,827)      603,827   1,422,240    1,528,908    106,668    Amortization For The Test Period
      Oct-96                      2             8,889          17,778     (1,582,222) 37.950%                 1,600,000                 8,889        17,778       3,373        3,373       (600,453)      600,453     (67,453)     (26,971)    40,482    D.I.T. Expense For the Test Period
      Nov-96                      3             8,889          26,667     (1,573,333) 37.950%                 1,600,000                 8,889        26,667       3,373        3,373       (597,080)      597,080      67,453       26,971     47,212    Average Deferred Tax Reserve Balance
      Dec-96                      4             8,889          35,556     (1,564,444) 37.950%                 1,600,000                 8,889        35,556       3,373        3,373       (593,706)      593,706
      Jan-97                      5             8,889          44,445     (1,555,555) 37.950%                 1,600,000                 8,889        44,445       3,373        3,373       (590,333)      590,333   1,600,000    1,600,000          0    Tax Gain (SCHMAT) For The Test Period
      Feb-97                      6             8,889          53,334     (1,546,666) 37.950%                 1,600,000                 8,889        53,334       3,373        3,373       (586,960)      586,960   1,422,240    1,528,908    106,668    Realized Book Gain (SCHMDT) For The Test Period
      Mar-97                      7             8,889          62,223     (1,537,777) 37.950%                 1,600,000                 8,889        62,223       3,373        3,373       (583,586)      583,586
      Apr-97                      8             8,889          71,112     (1,528,888) 37.950%                 1,600,000                 8,889        71,112       3,373        3,373       (580,213)      580,213
     May-97                       9             8,889          80,001     (1,519,999) 37.950%                 1,600,000                 8,889        80,001       3,373        3,373       (576,840)      576,840
      Jun-97                      10            8,889          88,890     (1,511,110) 37.950%                 1,600,000                 8,889        88,890       3,373        3,373       (573,466)      573,466
       Jul-97                     11            8,889          97,779     (1,502,221) 37.950%                 1,600,000                 8,889        97,779       3,373        3,373       (570,093)      570,093
      Aug-97                      12            8,889        106,668      (1,493,332) 37.950%                 1,600,000                 8,889       106,668       3,373        3,373       (566,719)      566,719
      Sep-97                      13            8,889        115,557      (1,484,443) 37.950%                 1,600,000                 8,889       115,557       3,373        3,373       (563,346)      563,346
      Oct-97                      14            8,889        124,446      (1,475,554) 37.950%                 1,600,000                 8,889       124,446       3,373        3,373       (559,973)      559,973
      Nov-97                      15            8,889        133,335      (1,466,665) 37.950%                 1,600,000                 8,889       133,335       3,373        3,373       (556,599)      556,599
      Dec-97                      16            8,889        142,224      (1,457,776) 37.950%                 1,600,000                 8,889       142,224       3,373        3,373       (553,226)      553,226
      Jan-98                      17            8,889        151,113      (1,448,887) 37.950%                 1,600,000                 8,889       151,113       3,373        3,373       (549,853)      549,853
      Feb-98                      18            8,889        160,002      (1,439,998) 37.950%                 1,600,000                 8,889       160,002       3,373        3,373       (546,479)      546,479
      Mar-98                      19            8,889        168,891      (1,431,109) 37.950%                 1,600,000                 8,889       168,891       3,373        3,373       (543,106)      543,106
      Apr-98                      20            8,889        177,780      (1,422,220) 37.950%                 1,600,000                 8,889       177,780       3,373        3,373       (539,732)      539,732
     May-98                       21            8,889        186,669      (1,413,331) 37.950%                 1,600,000                 8,889       186,669       3,373        3,373       (536,359)      536,359
      Jun-98                      22            8,889        195,558      (1,404,442) 37.950%                 1,600,000                 8,889       195,558       3,373        3,373       (532,986)      532,986
       Jul-98                     23            8,889        204,447      (1,395,553) 37.950%                 1,600,000                 8,889       204,447       3,373        3,373       (529,612)      529,612
      Aug-98                      24            8,889        213,336      (1,386,664) 37.950%                 1,600,000                 8,889       213,336       3,373        3,373       (526,239)      526,239
      Sep-98                      25            8,889        222,225      (1,377,775) 37.950%                 1,600,000                 8,889       222,225       3,373        3,373       (522,866)      522,866
      Oct-98                      26            8,889        231,114      (1,368,886) 37.950%                 1,600,000                 8,889       231,114       3,373        3,373       (519,492)      519,492
      Nov-98                      27            8,889        240,003      (1,359,997) 37.950%                 1,600,000                 8,889       240,003       3,373        3,373       (516,119)      516,119
      Dec-98                      28            8,889        248,892      (1,351,108) 37.950%                 1,600,000                 8,889       248,892       3,373        3,373       (512,745)      512,745
      Jan-99                      29            8,889        257,781      (1,342,219) 37.950%                 1,600,000                 8,889       257,781       3,373        3,373       (509,372)      509,372
      Feb-99                      30            8,889        266,670      (1,333,330) 37.950%                 1,600,000                 8,889       266,670       3,373        3,373       (505,999)      505,999
      Mar-99                      31            8,889        275,559      (1,324,441) 37.950%                 1,600,000                 8,889       275,559       3,373        3,373       (502,625)      502,625
      Apr-99                      32            8,889        284,448      (1,315,552) 37.950%                 1,600,000                 8,889       284,448       3,373        3,373       (499,252)      499,252
     May-99                       33            8,889        293,337      (1,306,663) 37.950%                 1,600,000                 8,889       293,337       3,373        3,373       (495,879)      495,879
      Jun-99                      34            8,889        302,226      (1,297,774) 37.950%                 1,600,000                 8,889       302,226       3,373        3,373       (492,505)      492,505
       Jul-99                     35            8,889        311,115      (1,288,885) 37.950%                 1,600,000                 8,889       311,115       3,373        3,373       (489,132)      489,132
      Aug-99                      36            8,889        320,004      (1,279,996) 37.950%                 1,600,000                 8,889       320,004       3,373        3,373       (485,758)      485,758
      Sep-99                      37            8,889        328,893      (1,271,107) 37.950%                 1,600,000                 8,889       328,893       3,373        3,373       (482,385)      482,385
      Oct-99                      38            8,889        337,782      (1,262,218) 37.950%                 1,600,000                 8,889       337,782       3,373        3,373       (479,012)      479,012
      Nov-99                      39            8,889        346,671      (1,253,329) 37.950%                 1,600,000                 8,889       346,671       3,373        3,373       (475,638)      475,638
      Dec-99                      40            8,889        355,560      (1,244,440) 37.950%                 1,600,000                 8,889       355,560       3,373        3,373       (472,265)      472,265
      Jan-00                      41            8,889        364,449      (1,235,551) 37.950%                 1,600,000                 8,889       364,449       3,373        3,373       (468,892)      468,892
      Feb-00                      42            8,889        373,338      (1,226,662) 37.950%                 1,600,000                 8,889       373,338       3,373        3,373       (465,518)      465,518
      Mar-00                      43            8,889        382,227      (1,217,773) 37.950%                 1,600,000                 8,889       382,227       3,373        3,373       (462,145)      462,145
      Apr-00                      44            8,889        391,116      (1,208,884) 37.950%                 1,600,000                 8,889       391,116       3,373        3,373       (458,771)      458,771
     May-00                       45            8,889        400,005      (1,199,995) 37.950%                 1,600,000                 8,889       400,005       3,373        3,373       (455,398)      455,398
      Jun-00                      46            8,889        408,894      (1,191,106) 37.950%                 1,600,000                 8,889       408,894       3,373        3,373       (452,025)      452,025
       Jul-00                     47            8,889        417,783      (1,182,217) 37.950%                 1,600,000                 8,889       417,783       3,373        3,373       (448,651)      448,651
      Aug-00                      48            8,889        426,672      (1,173,328) 37.950%                 1,600,000                 8,889       426,672       3,373        3,373       (445,278)      445,278
      Sep-00                      49            8,889        435,561      (1,164,439) 37.950%                 1,600,000                 8,889       435,561       3,373        3,373       (441,905)      441,905
      Oct-00                      50            8,889        444,450      (1,155,550) 37.950%                 1,600,000                 8,889       444,450       3,373        3,373       (438,531)      438,531
      Nov-00                      51            8,889        453,339      (1,146,661) 37.950%                 1,600,000                 8,889       453,339       3,373        3,373       (435,158)      435,158
      Dec-00                      52            8,889        462,228      (1,137,772) 37.950%                 1,600,000                 8,889       462,228       3,373        3,373       (431,784)      431,784
      Jan-01                      53            8,889        471,117      (1,128,883) 37.950%                 1,600,000                 8,889       471,117       3,373        3,373       (428,411)      428,411
      Feb-01                      54            8,889        480,006      (1,119,994) 37.950%                 1,600,000                 8,889       480,006       3,373        3,373       (425,038)      425,038
      Mar-01                      55            8,889        488,895      (1,111,105) 37.950%                 1,600,000                 8,889       488,895       3,373        3,373       (421,664)      421,664
      Apr-01                      56            8,889        497,784      (1,102,216) 37.950%                 1,600,000                 8,889       497,784       3,373        3,373       (418,291)      418,291
     May-01                       57            8,889        506,673      (1,093,327) 37.950%                 1,600,000                 8,889       506,673       3,373        3,373       (414,918)      414,918
      Jun-01                      58            8,889        515,562      (1,084,438) 37.950%                 1,600,000                 8,889       515,562       3,373        3,373       (411,544)      411,544
       Jul-01                     59            8,889        524,451      (1,075,549) 37.950%                 1,600,000                 8,889       524,451       3,373        3,373       (408,171)      408,171
      Aug-01                      60            8,889        533,340      (1,066,660) 37.950%                 1,600,000                 8,889       533,340       3,373        3,373       (404,797)      404,797
      Sep-01                      61            8,889        542,229      (1,057,771) 37.950%                 1,600,000                 8,889       542,229       3,373        3,373       (401,424)      401,424
      Oct-01                      62            8,889        551,118      (1,048,882) 37.950%                 1,600,000                 8,889       551,118       3,373        3,373       (398,051)      398,051
      Nov-01                      63            8,889        560,007      (1,039,993) 37.950%                 1,600,000                 8,889       560,007       3,373        3,373       (394,677)      394,677
      Dec-01                      64            8,889        568,896      (1,031,104) 37.950%                 1,600,000                 8,889       568,896       3,373        3,373       (391,304)      391,304
      Jan-02                      65            8,889        577,785      (1,022,215) 37.950%                 1,600,000                 8,889       577,785       3,373        3,373       (387,931)      387,931
      Feb-02                      66            8,889        586,674      (1,013,326) 37.950%                 1,600,000                 8,889       586,674       3,373        3,373       (384,557)      384,557
      Mar-02                      67            8,889        595,563      (1,004,437) 37.950%                 1,600,000                 8,889       595,563       3,373        3,373       (381,184)      381,184
      Apr-02                      68            8,889        604,452        (995,548) 37.950%                 1,600,000                 8,889       604,452       3,373        3,373       (377,810)      377,810
     May-02                       69            8,889        613,341        (986,659) 37.950%                 1,600,000                 8,889       613,341       3,373        3,373       (374,437)      374,437
      Jun-02                      70            8,889        622,230        (977,770) 37.950%                 1,600,000                 8,889       622,230       3,373        3,373       (371,064)      371,064
       Jul-02                     71            8,889        631,119        (968,881) 37.950%                 1,600,000                 8,889       631,119       3,373        3,373       (367,690)      367,690
      Aug-02                      72            8,889        640,008        (959,992) 37.950%                 1,600,000                 8,889       640,008       3,373        3,373       (364,317)      364,317
      Sep-02                      73            8,889        648,897        (951,103) 37.950%                 1,600,000                 8,889       648,897       3,373        3,373       (360,944)      360,944
      Oct-02                      74            8,889        657,786        (942,214) 37.950%                 1,600,000                 8,889       657,786       3,373        3,373       (357,570)      357,570
      Nov-02                      75            8,889        666,675        (933,325) 37.950%                 1,600,000                 8,889       666,675       3,373        3,373       (354,197)      354,197
      Dec-02                      76            8,889        675,564        (924,436) 37.950%                 1,600,000                 8,889       675,564       3,373        3,373       (350,823)      350,823
      Jan-03                      77            8,889        684,453        (915,547) 37.950%                 1,600,000                 8,889       684,453       3,373        3,373       (347,450)      347,450
      Feb-03                      78            8,889        693,342        (906,658) 37.950%                 1,600,000                 8,889       693,342       3,373        3,373       (344,077)      344,077
      Mar-03                      79            8,889        702,231        (897,769) 37.950%                 1,600,000                 8,889       702,231       3,373        3,373       (340,703)      340,703


                                                                                                                                                Sep 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Apr-03                       80            8,889         711,120       (888,880) 37.950%                 1,600,000                 8,889        711,120      3,373        3,373       (337,330)      337,330
     May-03                        81            8,889         720,009       (879,991) 37.951%                 1,600,000                 8,889        720,009      3,373        3,373       (333,956)      333,956
      Jun-03                       82            8,889         728,898       (871,102) 37.951%                 1,600,000                 8,889        728,898      3,373        3,373       (330,583)      330,583
       Jul-03                      83            8,889         737,787       (862,213) 37.951%                 1,600,000                 8,889        737,787      3,373        3,373       (327,210)      327,210
      Aug-03                       84            8,889         746,676       (853,324) 37.951%                 1,600,000                 8,889        746,676      3,373        3,373       (323,836)      323,836
      Sep-03                       85            8,889         755,565       (844,435) 37.951%                 1,600,000                 8,889        755,565      3,373        3,373       (320,463)      320,463
      Oct-03                       86            8,889         764,454       (835,546) 37.951%                 1,600,000                 8,889        764,454      3,373        3,373       (317,089)      317,089
      Nov-03                       87            8,889         773,343       (826,657) 37.951%                 1,600,000                 8,889        773,343      3,373        3,373       (313,716)      313,716
      Dec-03                       88            8,889         782,232       (817,768) 37.951%                 1,600,000                 8,889        782,232      3,373        3,373       (310,342)      310,342
      Jan-04                       89            8,889         791,121       (808,879) 37.951%                 1,600,000                 8,889        791,121      3,373        3,373       (306,969)      306,969
      Feb-04                       90            8,889         800,010       (799,990) 37.951%                 1,600,000                 8,889        800,010      3,373        3,373       (303,595)      303,595
      Mar-04                       91            8,889         808,899       (791,101) 37.951%                 1,600,000                 8,889        808,899      3,373        3,373       (300,222)      300,222
      Apr-04                       92            8,889         817,788       (782,212) 37.951%                 1,600,000                 8,889        817,788      3,373        3,373       (296,848)      296,848
     May-04                        93            8,889         826,677       (773,323) 37.951%                 1,600,000                 8,889        826,677      3,373        3,373       (293,475)      293,475
      Jun-04                       94            8,889         835,566       (764,434) 37.951%                 1,600,000                 8,889        835,566      3,373        3,373       (290,101)      290,101
       Jul-04                      95            8,889         844,455       (755,545) 37.951%                 1,600,000                 8,889        844,455      3,373        3,373       (286,728)      286,728
      Aug-04                       96            8,889         853,344       (746,656) 37.951%                 1,600,000                 8,889        853,344      3,373        3,373       (283,355)      283,355
      Sep-04                       97            8,889         862,233       (737,767) 37.951%                 1,600,000                 8,889        862,233      3,373        3,373       (279,981)      279,981
      Oct-04                       98            8,889         871,122       (728,878) 37.951%                 1,600,000                 8,889        871,122      3,373        3,373       (276,608)      276,608
      Nov-04                       99            8,889         880,011       (719,989) 37.951%                 1,600,000                 8,889        880,011      3,373        3,373       (273,234)      273,234
      Dec-04                      100            8,889         888,900       (711,100) 37.951%                 1,600,000                 8,889        888,900      3,373        3,373       (269,861)      269,861
      Jan-05                      101            8,889         897,789       (702,211) 37.951%                 1,600,000                 8,889        897,789      3,373        3,373       (266,487)      266,487
      Feb-05                      102            8,889         906,678       (693,322) 37.951%                 1,600,000                 8,889        906,678      3,373        3,373       (263,114)      263,114
      Mar-05                      103            8,889         915,567       (684,433) 37.951%                 1,600,000                 8,889        915,567      3,373        3,373       (259,740)      259,740
      Apr-05                      104            8,889         924,456       (675,544) 37.951%                 1,600,000                 8,889        924,456      3,373        3,373       (256,367)      256,367
     May-05                       105            8,889         933,345       (666,655) 37.951%                 1,600,000                 8,889        933,345      3,373        3,373       (252,993)      252,993
      Jun-05                      106            8,889         942,234       (657,766) 37.951%                 1,600,000                 8,889        942,234      3,373        3,373       (249,620)      249,620
       Jul-05                     107            8,889         951,123       (648,877) 37.951%                 1,600,000                 8,889        951,123      3,373        3,373       (246,246)      246,246
      Aug-05                      108            8,889         960,012       (639,988) 37.951%                 1,600,000                 8,889        960,012      3,373        3,373       (242,873)      242,873
      Sep-05                      109            8,889         968,901       (631,099) 37.951%                 1,600,000                 8,889        968,901      3,373        3,373       (239,499)      239,499
      Oct-05                      110            8,889         977,790       (622,210) 37.951%                 1,600,000                 8,889        977,790      3,373        3,373       (236,126)      236,126
      Nov-05                      111            8,889         986,679       (613,321) 37.951%                 1,600,000                 8,889        986,679      3,373        3,373       (232,753)      232,753
      Dec-05                      112            8,889         995,568       (604,432) 37.951%                 1,600,000                 8,889        995,568      3,373        3,373       (229,379)      229,379
      Jan-06                      113            8,889       1,004,457       (595,543) 37.951%                 1,600,000                 8,889      1,004,457      3,373        3,373       (226,006)      226,006
      Feb-06                      114            8,889       1,013,346       (586,654) 37.951%                 1,600,000                 8,889      1,013,346      3,373        3,373       (222,632)      222,632
      Mar-06                      115            8,889       1,022,235       (577,765) 37.951%                 1,600,000                 8,889      1,022,235      3,373        3,373       (219,259)      219,259
      Apr-06                      116            8,889       1,031,124       (568,876) 37.951%                 1,600,000                 8,889      1,031,124      3,373        3,373       (215,885)      215,885
     May-06                       117            8,889       1,040,013       (559,987) 37.951%                 1,600,000                 8,889      1,040,013      3,373        3,373       (212,512)      212,512
      Jun-06                      118            8,889       1,048,902       (551,098) 37.951%                 1,600,000                 8,889      1,048,902      3,373        3,373       (209,138)      209,138
       Jul-06                     119            8,889       1,057,791       (542,209) 37.951%                 1,600,000                 8,889      1,057,791      3,373        3,373       (205,765)      205,765
      Aug-06                      120            8,889       1,066,680       (533,320) 37.951%                 1,600,000                 8,889      1,066,680      3,373        3,373       (202,391)      202,391
      Sep-06                      121            8,889       1,075,569       (524,431) 37.951%                 1,600,000                 8,889      1,075,569      3,373        3,373       (199,018)      199,018
      Oct-06                      122            8,889       1,084,458       (515,542) 37.951%                 1,600,000                 8,889      1,084,458      3,373        3,373       (195,644)      195,644
      Nov-06                      123            8,889       1,093,347       (506,653) 37.951%                 1,600,000                 8,889      1,093,347      3,373        3,373       (192,271)      192,271
      Dec-06                      124            8,889       1,102,236       (497,764) 37.951%                 1,600,000                 8,889      1,102,236      3,373        3,373       (188,898)      188,898
      Jan-07                      125            8,889       1,111,125       (488,875) 37.951%                 1,600,000                 8,889      1,111,125      3,373        3,373       (185,524)      185,524
      Feb-07                      126            8,889       1,120,014       (479,986) 37.951%                 1,600,000                 8,889      1,120,014      3,373        3,373       (182,151)      182,151
      Mar-07                      127            8,889       1,128,903       (471,097) 37.951%                 1,600,000                 8,889      1,128,903      3,373        3,373       (178,777)      178,777
      Apr-07                      128            8,889       1,137,792       (462,208) 37.951%                 1,600,000                 8,889      1,137,792      3,373        3,373       (175,404)      175,404
     May-07                       129            8,889       1,146,681       (453,319) 37.951%                 1,600,000                 8,889      1,146,681      3,373        3,373       (172,030)      172,030
      Jun-07                      130            8,889       1,155,570       (444,430) 37.951%                 1,600,000                 8,889      1,155,570      3,373        3,373       (168,657)      168,657
       Jul-07                     131            8,889       1,164,459       (435,541) 37.951%                 1,600,000                 8,889      1,164,459      3,373        3,373       (165,283)      165,283
      Aug-07                      132            8,889       1,173,348       (426,652) 37.951%                 1,600,000                 8,889      1,173,348      3,373        3,373       (161,910)      161,910
      Sep-07                      133            8,889       1,182,237       (417,763) 37.951%                 1,600,000                 8,889      1,182,237      3,373        3,373       (158,536)      158,536
      Oct-07                      134            8,889       1,191,126       (408,874) 37.951%                 1,600,000                 8,889      1,191,126      3,373        3,373       (155,163)      155,163
      Nov-07                      135            8,889       1,200,015       (399,985) 37.951%                 1,600,000                 8,889      1,200,015      3,373        3,373       (151,789)      151,789
      Dec-07                      136            8,889       1,208,904       (391,096) 37.951%                 1,600,000                 8,889      1,208,904      3,373        3,373       (148,416)      148,416
      Jan-08                      137            8,889       1,217,793       (382,207) 37.951%                 1,600,000                 8,889      1,217,793      3,373        3,373       (145,042)      145,042
      Feb-08                      138            8,889       1,226,682       (373,318) 37.951%                 1,600,000                 8,889      1,226,682      3,373        3,373       (141,669)      141,669
      Mar-08                      139            8,889       1,235,571       (364,429) 37.951%                 1,600,000                 8,889      1,235,571      3,373        3,373       (138,296)      138,296
      Apr-08                      140            8,889       1,244,460       (355,540) 37.951%                 1,600,000                 8,889      1,244,460      3,373        3,373       (134,922)      134,922
     May-08                       141            8,889       1,253,349       (346,651) 37.951%                 1,600,000                 8,889      1,253,349      3,373        3,373       (131,549)      131,549
      Jun-08                      142            8,889       1,262,238       (337,762) 37.951%                 1,600,000                 8,889      1,262,238      3,373        3,373       (128,175)      128,175
       Jul-08                     143            8,889       1,271,127       (328,873) 37.951%                 1,600,000                 8,889      1,271,127      3,373        3,373       (124,802)      124,802
      Aug-08                      144            8,889       1,280,016       (319,984) 37.951%                 1,600,000                 8,889      1,280,016      3,373        3,373       (121,428)      121,428
      Sep-08                      145            8,889       1,288,905       (311,095) 37.951%                 1,600,000                 8,889      1,288,905      3,373        3,373       (118,055)      118,055
      Oct-08                      146            8,889       1,297,794       (302,206) 37.951%                 1,600,000                 8,889      1,297,794      3,373        3,373       (114,681)      114,681
      Nov-08                      147            8,889       1,306,683       (293,317) 37.951%                 1,600,000                 8,889      1,306,683      3,373        3,373       (111,308)      111,308
      Dec-08                      148            8,889       1,315,572       (284,428) 37.951%                 1,600,000                 8,889      1,315,572      3,373        3,373       (107,934)      107,934
      Jan-09                      149            8,889       1,324,461       (275,539) 37.951%                 1,600,000                 8,889      1,324,461      3,373        3,373       (104,561)      104,561
      Feb-09                      150            8,889       1,333,350       (266,650) 37.951%                 1,600,000                 8,889      1,333,350      3,373        3,373       (101,187)      101,187
      Mar-09                      151            8,889       1,342,239       (257,761) 37.951%                 1,600,000                 8,889      1,342,239      3,373        3,373        (97,814)       97,814
      Apr-09                      152            8,889       1,351,128       (248,872) 37.951%                 1,600,000                 8,889      1,351,128      3,373        3,373        (94,441)       94,441
     May-09                       153            8,889       1,360,017       (239,983) 37.951%                 1,600,000                 8,889      1,360,017      3,373        3,373        (91,067)       91,067
      Jun-09                      154            8,889       1,368,906       (231,094) 37.951%                 1,600,000                 8,889      1,368,906      3,373        3,373        (87,694)       87,694
       Jul-09                     155            8,889       1,377,795       (222,205) 37.951%                 1,600,000                 8,889      1,377,795      3,373        3,373        (84,320)       84,320
      Aug-09                      156            8,889       1,386,684       (213,316) 37.951%                 1,600,000                 8,889      1,386,684      3,373        3,373        (80,947)       80,947
      Sep-09                      157            8,889       1,395,573       (204,427) 37.951%                 1,600,000                 8,889      1,395,573      3,373        3,373        (77,573)       77,573
      Oct-09                      158            8,889       1,404,462       (195,538) 37.951%                 1,600,000                 8,889      1,404,462      3,373        3,373        (74,200)       74,200


                                                                                                                                                 Sep 1996
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Nov-09                          159            8,889       1,413,351         (186,649) 37.951%                 1,600,000                   8,889       1,413,351       3,373         3,373        (70,826)       70,826
      Dec-09                          160            8,889       1,422,240         (177,760) 37.951%                 1,600,000                   8,889       1,422,240       3,373         3,373        (67,453)       67,453
      Jan-10                          161            8,889       1,431,129         (168,871) 37.951%                 1,600,000                   8,889       1,431,129       3,373         3,373        (64,079)       64,079
      Feb-10                          162            8,889       1,440,018         (159,982) 37.951%                 1,600,000                   8,889       1,440,018       3,373         3,373        (60,706)       60,706
      Mar-10                          163            8,889       1,448,907         (151,093) 37.951%                 1,600,000                   8,889       1,448,907       3,373         3,373        (57,332)       57,332
      Apr-10                          164            8,889       1,457,796         (142,204) 37.951%                 1,600,000                   8,889       1,457,796       3,373         3,373        (53,959)       53,959
     May-10                           165            8,889       1,466,685         (133,315) 37.951%                 1,600,000                   8,889       1,466,685       3,373         3,373        (50,585)       50,585
      Jun-10                          166            8,889       1,475,574         (124,426) 37.951%                 1,600,000                   8,889       1,475,574       3,373         3,373        (47,212)       47,212
       Jul-10                         167            8,889       1,484,463         (115,537) 37.951%                 1,600,000                   8,889       1,484,463       3,373         3,373        (43,839)       43,839
      Aug-10                          168            8,889       1,493,352         (106,648) 37.951%                 1,600,000                   8,889       1,493,352       3,373         3,373        (40,465)       40,465
      Sep-10                          169            8,889       1,502,241          (97,759) 37.951%                 1,600,000                   8,889       1,502,241       3,373         3,373        (37,092)       37,092
      Oct-10                          170            8,889       1,511,130          (88,870) 37.951%                 1,600,000                   8,889       1,511,130       3,373         3,373        (33,718)       33,718
      Nov-10                          171            8,889       1,520,019          (79,981) 37.951%                 1,600,000                   8,889       1,520,019       3,373         3,373        (30,345)       30,345
      Dec-10                          172            8,889       1,528,908          (71,092) 37.951%                 1,600,000                   8,889       1,528,908       3,373         3,373        (26,971)       26,971
      Jan-11                          173            8,889       1,537,797          (62,203) 37.951%                 1,600,000                   8,889       1,537,797       3,373         3,373        (23,598)       23,598
      Feb-11                          174            8,889       1,546,686          (53,314) 37.951%                 1,600,000                   8,889       1,546,686       3,373         3,373        (20,224)       20,224
      Mar-11                          175            8,889       1,555,575          (44,425) 37.951%                 1,600,000                   8,889       1,555,575       3,373         3,373        (16,851)       16,851
      Apr-11                          176            8,889       1,564,464          (35,536) 37.951%                 1,600,000                   8,889       1,564,464       3,373         3,373        (13,477)       13,477
     May-11                           177            8,889       1,573,353          (26,647) 37.951%                 1,600,000                   8,889       1,573,353       3,373         3,373        (10,104)       10,104
      Jun-11                          178            8,889       1,582,242          (17,758) 37.951%                 1,600,000                   8,889       1,582,242       3,373         3,373         (6,730)        6,730
       Jul-11                         179            8,889       1,591,131           (8,869) 37.951%                 1,600,000                   8,889       1,591,131       3,373         3,373         (3,357)        3,357
      Aug-11                          180            8,869       1,600,000                0 37.951%                  1,600,000                   8,869       1,600,000       3,366         3,366              9            (9)

        Totals         (1,600,000)              1,600,000                                              1,600,000                   607,200    1,600,000                    607,209            9     (54,343,272)     54,343,272

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                          Sep 1996
SO2 Allowance Sales Gain - Amortization Schedule
Clean Air Capital Markets Settlement, EPA Auction & Cantor Fitzgerald
      (A)               (B)            (C)         (D)              (E)           (F)           (G)          (H)         (I)          (J)        (K)           (L)           (M)          (N)           (O)            (P)
                                               [(B)/48]*1]        (D)*(C)       (B)+(E)                                             (H)*(G)      (D)                       (K)*(G)      (M)-(J)
                                                                                                                                                                                         D.I.T.         D.I.T.
                                                Monthly       Accumulated      Balance to                Monthly Tax Accumulated               Monthly     Accumulated                 Monthly       Accumulated   Deferred Tax
 Date of Sale    Amount of Sale     Months    Amortization    Amortization      Amortize      Tax Rate      Gain       Tax Gain       Tax     Book Gain     Book Gain      Book Tax    Expense         Expense       Reserve          Dec-09      Dec-10      Total
      Dec-96            927,450       1             (5,153)          (5,153)        922,297   37.950%     (927,450)     (927,450)   (351,967)    (5,153)         (5,153)     (1,956)     350,012         350,012       (350,012)   (809,021)   (870,857)   (61,836)   Amortization For The Test Period
      Jan-97                          2             (5,153)        (10,306)         917,144   37.950%                   (927,450)                (5,153)        (10,306)     (1,956)       (1,956)       348,056       (348,056)     44,940      21,472    (23,467)   D.I.T. Expense For the Test Period
      Feb-97                          3             (5,153)        (15,459)         911,991   37.950%                   (927,450)                (5,153)        (15,459)     (1,956)       (1,956)       346,101       (346,101)    (44,940)    (21,472)   (33,206)   Average Deferred Tax Reserve Balance
      Mar-97                          4             (5,153)        (20,612)         906,838   37.950%                   (927,450)                (5,153)        (20,612)     (1,956)       (1,956)       344,145       (344,145)
      Apr-97                          5             (5,153)        (25,765)         901,685   37.950%                   (927,450)                (5,153)        (25,765)     (1,956)       (1,956)       342,189       (342,189)   (927,450)   (927,450)         0    Tax Gain (SCHMAT) For The Test Period
      May-97                          6             (5,153)        (30,918)         896,532   37.950%                   (927,450)                (5,153)        (30,918)     (1,956)       (1,956)       340,234       (340,234)   (809,021)   (870,857)   (61,836)   Realized Book Gain (SCHMDT) For The Test Period
      Jun-97                          7             (5,153)        (36,071)         891,379   37.950%                   (927,450)                (5,153)        (36,071)     (1,956)       (1,956)       338,278       (338,278)
       Jul-97                         8             (5,153)        (41,224)         886,226   37.950%                   (927,450)                (5,153)        (41,224)     (1,956)       (1,956)       336,323       (336,323)
      Aug-97                          9             (5,153)        (46,377)         881,073   37.950%                   (927,450)                (5,153)        (46,377)     (1,956)       (1,956)       334,367       (334,367)
      Sep-97                          10            (5,153)        (51,530)         875,920   37.950%                   (927,450)                (5,153)        (51,530)     (1,956)       (1,956)       332,412       (332,412)
      Oct-97                          11            (5,153)        (56,683)         870,767   37.950%                   (927,450)                (5,153)        (56,683)     (1,956)       (1,956)       330,456       (330,456)
      Nov-97                          12            (5,153)        (61,836)         865,614   37.950%                   (927,450)                (5,153)        (61,836)     (1,956)       (1,956)       328,501       (328,501)
      Dec-97                          13            (5,153)        (66,989)         860,461   37.950%                   (927,450)                (5,153)        (66,989)     (1,956)       (1,956)       326,545       (326,545)
      Jan-98                          14            (5,153)        (72,142)         855,308   37.950%                   (927,450)                (5,153)        (72,142)     (1,956)       (1,956)       324,589       (324,589)
      Feb-98                          15            (5,153)        (77,295)         850,155   37.950%                   (927,450)                (5,153)        (77,295)     (1,956)       (1,956)       322,634       (322,634)
      Mar-98                          16            (5,153)        (82,448)         845,002   37.950%                   (927,450)                (5,153)        (82,448)     (1,956)       (1,956)       320,678       (320,678)
      Apr-98                          17            (5,153)        (87,601)         839,849   37.950%                   (927,450)                (5,153)        (87,601)     (1,956)       (1,956)       318,723       (318,723)
      May-98                          18            (5,153)        (92,754)         834,696   37.950%                   (927,450)                (5,153)        (92,754)     (1,956)       (1,956)       316,767       (316,767)
      Jun-98                          19            (5,153)        (97,907)         829,543   37.950%                   (927,450)                (5,153)        (97,907)     (1,956)       (1,956)       314,812       (314,812)
       Jul-98                         20            (5,153)       (103,060)         824,390   37.950%                   (927,450)                (5,153)       (103,060)     (1,956)       (1,956)       312,856       (312,856)
      Aug-98                          21            (5,153)       (108,213)         819,237   37.950%                   (927,450)                (5,153)       (108,213)     (1,956)       (1,956)       310,900       (310,900)
      Sep-98                          22            (5,153)       (113,366)         814,084   37.950%                   (927,450)                (5,153)       (113,366)     (1,956)       (1,956)       308,945       (308,945)
      Oct-98                          23            (5,153)       (118,519)         808,931   37.950%                   (927,450)                (5,153)       (118,519)     (1,956)       (1,956)       306,989       (306,989)
      Nov-98                          24            (5,153)       (123,672)         803,778   37.950%                   (927,450)                (5,153)       (123,672)     (1,956)       (1,956)       305,034       (305,034)
      Dec-98                          25            (5,153)       (128,825)         798,625   37.950%                   (927,450)                (5,153)       (128,825)     (1,956)       (1,956)       303,078       (303,078)
      Jan-99                          26            (5,153)       (133,978)         793,472   37.950%                   (927,450)                (5,153)       (133,978)     (1,956)       (1,956)       301,123       (301,123)
      Feb-99                          27            (5,153)       (139,131)         788,319   37.950%                   (927,450)                (5,153)       (139,131)     (1,956)       (1,956)       299,167       (299,167)
      Mar-99                          28            (5,153)       (144,284)         783,166   37.950%                   (927,450)                (5,153)       (144,284)     (1,956)       (1,956)       297,211       (297,211)
      Apr-99                          29            (5,153)       (149,437)         778,013   37.950%                   (927,450)                (5,153)       (149,437)     (1,956)       (1,956)       295,256       (295,256)
      May-99                          30            (5,153)       (154,590)         772,860   37.950%                   (927,450)                (5,153)       (154,590)     (1,956)       (1,956)       293,300       (293,300)
      Jun-99                          31            (5,153)       (159,743)         767,707   37.950%                   (927,450)                (5,153)       (159,743)     (1,956)       (1,956)       291,345       (291,345)
       Jul-99                         32            (5,153)       (164,896)         762,554   37.950%                   (927,450)                (5,153)       (164,896)     (1,956)       (1,956)       289,389       (289,389)
      Aug-99                          33            (5,153)       (170,049)         757,401   37.950%                   (927,450)                (5,153)       (170,049)     (1,956)       (1,956)       287,434       (287,434)
      Sep-99                          34            (5,153)       (175,202)         752,248   37.950%                   (927,450)                (5,153)       (175,202)     (1,956)       (1,956)       285,478       (285,478)
      Oct-99                          35            (5,153)       (180,355)         747,095   37.950%                   (927,450)                (5,153)       (180,355)     (1,956)       (1,956)       283,523       (283,523)
      Nov-99                          36            (5,153)       (185,508)         741,942   37.950%                   (927,450)                (5,153)       (185,508)     (1,956)       (1,956)       281,567       (281,567)
      Dec-99                          37            (5,153)       (190,661)         736,789   37.950%                   (927,450)                (5,153)       (190,661)     (1,956)       (1,956)       279,611       (279,611)
      Jan-00                          38            (5,153)       (195,814)         731,636   37.950%                   (927,450)                (5,153)       (195,814)     (1,956)       (1,956)       277,656       (277,656)
      Feb-00                          39            (5,153)       (200,967)         726,483   37.950%                   (927,450)                (5,153)       (200,967)     (1,956)       (1,956)       275,700       (275,700)
      Mar-00                          40            (5,153)       (206,120)         721,330   37.950%                   (927,450)                (5,153)       (206,120)     (1,956)       (1,956)       273,745       (273,745)
      Apr-00                          41            (5,153)       (211,273)         716,177   37.950%                   (927,450)                (5,153)       (211,273)     (1,956)       (1,956)       271,789       (271,789)
      May-00                          42            (5,153)       (216,426)         711,024   37.950%                   (927,450)                (5,153)       (216,426)     (1,956)       (1,956)       269,834       (269,834)
      Jun-00                          43            (5,153)       (221,579)         705,871   37.950%                   (927,450)                (5,153)       (221,579)     (1,956)       (1,956)       267,878       (267,878)
       Jul-00                         44            (5,153)       (226,732)         700,718   37.950%                   (927,450)                (5,153)       (226,732)     (1,956)       (1,956)       265,922       (265,922)
      Aug-00                          45            (5,153)       (231,885)         695,565   37.950%                   (927,450)                (5,153)       (231,885)     (1,956)       (1,956)       263,967       (263,967)
      Sep-00                          46            (5,153)       (237,038)         690,412   37.950%                   (927,450)                (5,153)       (237,038)     (1,956)       (1,956)       262,011       (262,011)
      Oct-00                          47            (5,153)       (242,191)         685,259   37.950%                   (927,450)                (5,153)       (242,191)     (1,956)       (1,956)       260,056       (260,056)
      Nov-00                          48            (5,153)       (247,344)         680,106   37.950%                   (927,450)                (5,153)       (247,344)     (1,956)       (1,956)       258,100       (258,100)
      Dec-00                          49            (5,153)       (252,497)         674,953   37.950%                   (927,450)                (5,153)       (252,497)     (1,956)       (1,956)       256,145       (256,145)
      Jan-01                          50            (5,153)       (257,650)         669,800   37.950%                   (927,450)                (5,153)       (257,650)     (1,956)       (1,956)       254,189       (254,189)
      Feb-01                          51            (5,153)       (262,803)         664,647   37.950%                   (927,450)                (5,153)       (262,803)     (1,956)       (1,956)       252,234       (252,234)
      Mar-01                          52            (5,153)       (267,956)         659,494   37.950%                   (927,450)                (5,153)       (267,956)     (1,956)       (1,956)       250,278       (250,278)
      Apr-01                          53            (5,153)       (273,109)         654,341   37.950%                   (927,450)                (5,153)       (273,109)     (1,956)       (1,956)       248,322       (248,322)
      May-01                          54            (5,153)       (278,262)         649,188   37.950%                   (927,450)                (5,153)       (278,262)     (1,956)       (1,956)       246,367       (246,367)
      Jun-01                          55            (5,153)       (283,415)         644,035   37.950%                   (927,450)                (5,153)       (283,415)     (1,956)       (1,956)       244,411       (244,411)
       Jul-01                         56            (5,153)       (288,568)         638,882   37.950%                   (927,450)                (5,153)       (288,568)     (1,956)       (1,956)       242,456       (242,456)
      Aug-01                          57            (5,153)       (293,721)         633,729   37.950%                   (927,450)                (5,153)       (293,721)     (1,956)       (1,956)       240,500       (240,500)
      Sep-01                          58            (5,153)       (298,874)         628,576   37.950%                   (927,450)                (5,153)       (298,874)     (1,956)       (1,956)       238,545       (238,545)
      Oct-01                          59            (5,153)       (304,027)         623,423   37.950%                   (927,450)                (5,153)       (304,027)     (1,956)       (1,956)       236,589       (236,589)
      Nov-01                          60            (5,153)       (309,180)         618,270   37.950%                   (927,450)                (5,153)       (309,180)     (1,956)       (1,956)       234,633       (234,633)
      Dec-01                          61            (5,153)       (314,333)         613,117   37.950%                   (927,450)                (5,153)       (314,333)     (1,956)       (1,956)       232,678       (232,678)
      Jan-02                          62            (5,153)       (319,486)         607,964   37.950%                   (927,450)                (5,153)       (319,486)     (1,956)       (1,956)       230,722       (230,722)
      Feb-02                          63            (5,153)       (324,639)         602,811   37.950%                   (927,450)                (5,153)       (324,639)     (1,956)       (1,956)       228,767       (228,767)
      Mar-02                          64            (5,153)       (329,792)         597,658   37.950%                   (927,450)                (5,153)       (329,792)     (1,956)       (1,956)       226,811       (226,811)
      Apr-02                          65            (5,153)       (334,945)         592,505   37.950%                   (927,450)                (5,153)       (334,945)     (1,956)       (1,956)       224,856       (224,856)
      May-02                          66            (5,153)       (340,098)         587,352   37.950%                   (927,450)                (5,153)       (340,098)     (1,956)       (1,956)       222,900       (222,900)
      Jun-02                          67            (5,153)       (345,251)         582,199   37.950%                   (927,450)                (5,153)       (345,251)     (1,956)       (1,956)       220,945       (220,945)
       Jul-02                         68            (5,153)       (350,404)         577,046   37.950%                   (927,450)                (5,153)       (350,404)     (1,956)       (1,956)       218,989       (218,989)
      Aug-02                          69            (5,153)       (355,557)         571,893   37.950%                   (927,450)                (5,153)       (355,557)     (1,956)       (1,956)       217,033       (217,033)
      Sep-02                          70            (5,153)       (360,710)         566,740   37.950%                   (927,450)                (5,153)       (360,710)     (1,956)       (1,956)       215,078       (215,078)
      Oct-02                          71            (5,153)       (365,863)         561,587   37.950%                   (927,450)                (5,153)       (365,863)     (1,956)       (1,956)       213,122       (213,122)
      Nov-02                          72            (5,153)       (371,016)         556,434   37.950%                   (927,450)                (5,153)       (371,016)     (1,956)       (1,956)       211,167       (211,167)
      Dec-02                          73            (5,153)       (376,169)         551,281   37.950%                   (927,450)                (5,153)       (376,169)     (1,956)       (1,956)       209,211       (209,211)
      Jan-03                          74            (5,153)       (381,322)         546,128   37.950%                   (927,450)                (5,153)       (381,322)     (1,956)       (1,956)       207,256       (207,256)
      Feb-03                          75            (5,153)       (386,475)         540,975   37.950%                   (927,450)                (5,153)       (386,475)     (1,956)       (1,956)       205,300       (205,300)
      Mar-03                          76            (5,153)       (391,628)         535,822   37.950%                   (927,450)                (5,153)       (391,628)     (1,956)       (1,956)       203,344       (203,344)
      Apr-03                          77            (5,153)       (396,781)         530,669   37.950%                   (927,450)                (5,153)       (396,781)     (1,956)       (1,956)       201,389       (201,389)


                                                                                                                                                       Dec 1996
SO2 Allowance Sales Gain - Amortization Schedule
Clean Air Capital Markets Settlement, EPA Auction & Cantor Fitzgerald
      (A)               (B)            (C)         (D)              (E)          (F)           (G)          (H)         (I)          (J)        (K)           (L)           (M)          (N)            (O)            (P)
                                               [(B)/48]*1]        (D)*(C)      (B)+(E)                                             (H)*(G)      (D)                       (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.         D.I.T.
                                                Monthly       Accumulated     Balance to                Monthly Tax Accumulated               Monthly     Accumulated                 Monthly       Accumulated    Deferred Tax
 Date of Sale    Amount of Sale     Months    Amortization    Amortization     Amortize      Tax Rate      Gain       Tax Gain      Tax      Book Gain     Book Gain      Book Tax    Expense         Expense        Reserve       Dec-09   Dec-10   Total
      May-03                          78            (5,153)       (401,934)        525,516   37.951%                   (927,450)                (5,153)       (401,934)     (1,956)       (1,956)       199,433        (199,433)
      Jun-03                          79            (5,153)       (407,087)        520,363   37.951%                   (927,450)                (5,153)       (407,087)     (1,956)       (1,956)       197,478        (197,478)
       Jul-03                         80            (5,153)       (412,240)        515,210   37.951%                   (927,450)                (5,153)       (412,240)     (1,956)       (1,956)       195,522        (195,522)
      Aug-03                          81            (5,153)       (417,393)        510,057   37.951%                   (927,450)                (5,153)       (417,393)     (1,956)       (1,956)       193,566        (193,566)
      Sep-03                          82            (5,153)       (422,546)        504,904   37.951%                   (927,450)                (5,153)       (422,546)     (1,956)       (1,956)       191,611        (191,611)
      Oct-03                          83            (5,153)       (427,699)        499,751   37.951%                   (927,450)                (5,153)       (427,699)     (1,956)       (1,956)       189,655        (189,655)
      Nov-03                          84            (5,153)       (432,852)        494,598   37.951%                   (927,450)                (5,153)       (432,852)     (1,956)       (1,956)       187,700        (187,700)
      Dec-03                          85            (5,153)       (438,005)        489,445   37.951%                   (927,450)                (5,153)       (438,005)     (1,956)       (1,956)       185,744        (185,744)
      Jan-04                          86            (5,153)       (443,158)        484,292   37.951%                   (927,450)                (5,153)       (443,158)     (1,956)       (1,956)       183,788        (183,788)
      Feb-04                          87            (5,153)       (448,311)        479,139   37.951%                   (927,450)                (5,153)       (448,311)     (1,956)       (1,956)       181,833        (181,833)
      Mar-04                          88            (5,153)       (453,464)        473,986   37.951%                   (927,450)                (5,153)       (453,464)     (1,956)       (1,956)       179,877        (179,877)
      Apr-04                          89            (5,153)       (458,617)        468,833   37.951%                   (927,450)                (5,153)       (458,617)     (1,956)       (1,956)       177,922        (177,922)
      May-04                          90            (5,153)       (463,770)        463,680   37.951%                   (927,450)                (5,153)       (463,770)     (1,956)       (1,956)       175,966        (175,966)
      Jun-04                          91            (5,153)       (468,923)        458,527   37.951%                   (927,450)                (5,153)       (468,923)     (1,956)       (1,956)       174,010        (174,010)
       Jul-04                         92            (5,153)       (474,076)        453,374   37.951%                   (927,450)                (5,153)       (474,076)     (1,956)       (1,956)       172,055        (172,055)
      Aug-04                          93            (5,153)       (479,229)        448,221   37.951%                   (927,450)                (5,153)       (479,229)     (1,956)       (1,956)       170,099        (170,099)
      Sep-04                          94            (5,153)       (484,382)        443,068   37.951%                   (927,450)                (5,153)       (484,382)     (1,956)       (1,956)       168,143        (168,143)
      Oct-04                          95            (5,153)       (489,535)        437,915   37.951%                   (927,450)                (5,153)       (489,535)     (1,956)       (1,956)       166,188        (166,188)
      Nov-04                          96            (5,153)       (494,688)        432,762   37.951%                   (927,450)                (5,153)       (494,688)     (1,956)       (1,956)       164,232        (164,232)
      Dec-04                          97            (5,153)       (499,841)        427,609   37.951%                   (927,450)                (5,153)       (499,841)     (1,956)       (1,956)       162,277        (162,277)
      Jan-05                          98            (5,153)       (504,994)        422,456   37.951%                   (927,450)                (5,153)       (504,994)     (1,956)       (1,956)       160,321        (160,321)
      Feb-05                          99            (5,153)       (510,147)        417,303   37.951%                   (927,450)                (5,153)       (510,147)     (1,956)       (1,956)       158,365        (158,365)
      Mar-05                         100            (5,153)       (515,300)        412,150   37.951%                   (927,450)                (5,153)       (515,300)     (1,956)       (1,956)       156,410        (156,410)
      Apr-05                         101            (5,153)       (520,453)        406,997   37.951%                   (927,450)                (5,153)       (520,453)     (1,956)       (1,956)       154,454        (154,454)
      May-05                         102            (5,153)       (525,606)        401,844   37.951%                   (927,450)                (5,153)       (525,606)     (1,956)       (1,956)       152,499        (152,499)
      Jun-05                         103            (5,153)       (530,759)        396,691   37.951%                   (927,450)                (5,153)       (530,759)     (1,956)       (1,956)       150,543        (150,543)
       Jul-05                        104            (5,153)       (535,912)        391,538   37.951%                   (927,450)                (5,153)       (535,912)     (1,956)       (1,956)       148,587        (148,587)
      Aug-05                         105            (5,153)       (541,065)        386,385   37.951%                   (927,450)                (5,153)       (541,065)     (1,956)       (1,956)       146,632        (146,632)
      Sep-05                         106            (5,153)       (546,218)        381,232   37.951%                   (927,450)                (5,153)       (546,218)     (1,956)       (1,956)       144,676        (144,676)
      Oct-05                         107            (5,153)       (551,371)        376,079   37.951%                   (927,450)                (5,153)       (551,371)     (1,956)       (1,956)       142,720        (142,720)
      Nov-05                         108            (5,153)       (556,524)        370,926   37.951%                   (927,450)                (5,153)       (556,524)     (1,956)       (1,956)       140,765        (140,765)
      Dec-05                         109            (5,153)       (561,677)        365,773   37.951%                   (927,450)                (5,153)       (561,677)     (1,956)       (1,956)       138,809        (138,809)
      Jan-06                         110            (5,153)       (566,830)        360,620   37.951%                   (927,450)                (5,153)       (566,830)     (1,956)       (1,956)       136,854        (136,854)
      Feb-06                         111            (5,153)       (571,983)        355,467   37.951%                   (927,450)                (5,153)       (571,983)     (1,956)       (1,956)       134,898        (134,898)
      Mar-06                         112            (5,153)       (577,136)        350,314   37.951%                   (927,450)                (5,153)       (577,136)     (1,956)       (1,956)       132,942        (132,942)
      Apr-06                         113            (5,153)       (582,289)        345,161   37.951%                   (927,450)                (5,153)       (582,289)     (1,956)       (1,956)       130,987        (130,987)
      May-06                         114            (5,153)       (587,442)        340,008   37.951%                   (927,450)                (5,153)       (587,442)     (1,956)       (1,956)       129,031        (129,031)
      Jun-06                         115            (5,153)       (592,595)        334,855   37.951%                   (927,450)                (5,153)       (592,595)     (1,956)       (1,956)       127,076        (127,076)
       Jul-06                        116            (5,153)       (597,748)        329,702   37.951%                   (927,450)                (5,153)       (597,748)     (1,956)       (1,956)       125,120        (125,120)
      Aug-06                         117            (5,153)       (602,901)        324,549   37.951%                   (927,450)                (5,153)       (602,901)     (1,956)       (1,956)       123,164        (123,164)
      Sep-06                         118            (5,153)       (608,054)        319,396   37.951%                   (927,450)                (5,153)       (608,054)     (1,956)       (1,956)       121,209        (121,209)
      Oct-06                         119            (5,153)       (613,207)        314,243   37.951%                   (927,450)                (5,153)       (613,207)     (1,956)       (1,956)       119,253        (119,253)
      Nov-06                         120            (5,153)       (618,360)        309,090   37.951%                   (927,450)                (5,153)       (618,360)     (1,956)       (1,956)       117,297        (117,297)
      Dec-06                         121            (5,153)       (623,513)        303,937   37.951%                   (927,450)                (5,153)       (623,513)     (1,956)       (1,956)       115,342        (115,342)
      Jan-07                         122            (5,153)       (628,666)        298,784   37.951%                   (927,450)                (5,153)       (628,666)     (1,956)       (1,956)       113,386        (113,386)
      Feb-07                         123            (5,153)       (633,819)        293,631   37.951%                   (927,450)                (5,153)       (633,819)     (1,956)       (1,956)       111,431        (111,431)
      Mar-07                         124            (5,153)       (638,972)        288,478   37.951%                   (927,450)                (5,153)       (638,972)     (1,956)       (1,956)       109,475        (109,475)
      Apr-07                         125            (5,153)       (644,125)        283,325   37.951%                   (927,450)                (5,153)       (644,125)     (1,956)       (1,956)       107,519        (107,519)
      May-07                         126            (5,153)       (649,278)        278,172   37.951%                   (927,450)                (5,153)       (649,278)     (1,956)       (1,956)       105,564        (105,564)
      Jun-07                         127            (5,153)       (654,431)        273,019   37.951%                   (927,450)                (5,153)       (654,431)     (1,956)       (1,956)       103,608        (103,608)
       Jul-07                        128            (5,153)       (659,584)        267,866   37.951%                   (927,450)                (5,153)       (659,584)     (1,956)       (1,956)       101,653        (101,653)
      Aug-07                         129            (5,153)       (664,737)        262,713   37.951%                   (927,450)                (5,153)       (664,737)     (1,956)       (1,956)         99,697        (99,697)
      Sep-07                         130            (5,153)       (669,890)        257,560   37.951%                   (927,450)                (5,153)       (669,890)     (1,956)       (1,956)         97,741        (97,741)
      Oct-07                         131            (5,153)       (675,043)        252,407   37.951%                   (927,450)                (5,153)       (675,043)     (1,956)       (1,956)         95,786        (95,786)
      Nov-07                         132            (5,153)       (680,196)        247,254   37.951%                   (927,450)                (5,153)       (680,196)     (1,956)       (1,956)         93,830        (93,830)
      Dec-07                         133            (5,153)       (685,349)        242,101   37.951%                   (927,450)                (5,153)       (685,349)     (1,956)       (1,956)         91,874        (91,874)
      Jan-08                         134            (5,153)       (690,502)        236,948   37.951%                   (927,450)                (5,153)       (690,502)     (1,956)       (1,956)         89,919        (89,919)
      Feb-08                         135            (5,153)       (695,655)        231,795   37.951%                   (927,450)                (5,153)       (695,655)     (1,956)       (1,956)         87,963        (87,963)
      Mar-08                         136            (5,153)       (700,808)        226,642   37.951%                   (927,450)                (5,153)       (700,808)     (1,956)       (1,956)         86,008        (86,008)
      Apr-08                         137            (5,153)       (705,961)        221,489   37.951%                   (927,450)                (5,153)       (705,961)     (1,956)       (1,956)         84,052        (84,052)
      May-08                         138            (5,153)       (711,114)        216,336   37.951%                   (927,450)                (5,153)       (711,114)     (1,956)       (1,956)         82,096        (82,096)
      Jun-08                         139            (5,153)       (716,267)        211,183   37.951%                   (927,450)                (5,153)       (716,267)     (1,956)       (1,956)         80,141        (80,141)
       Jul-08                        140            (5,153)       (721,420)        206,030   37.951%                   (927,450)                (5,153)       (721,420)     (1,956)       (1,956)         78,185        (78,185)
      Aug-08                         141            (5,153)       (726,573)        200,877   37.951%                   (927,450)                (5,153)       (726,573)     (1,956)       (1,956)         76,230        (76,230)
      Sep-08                         142            (5,153)       (731,726)        195,724   37.951%                   (927,450)                (5,153)       (731,726)     (1,956)       (1,956)         74,274        (74,274)
      Oct-08                         143            (5,153)       (736,879)        190,571   37.951%                   (927,450)                (5,153)       (736,879)     (1,956)       (1,956)         72,318        (72,318)
      Nov-08                         144            (5,153)       (742,032)        185,418   37.951%                   (927,450)                (5,153)       (742,032)     (1,956)       (1,956)         70,363        (70,363)
      Dec-08                         145            (5,153)       (747,185)        180,265   37.951%                   (927,450)                (5,153)       (747,185)     (1,956)       (1,956)         68,407        (68,407)
      Jan-09                         146            (5,153)       (752,338)        175,112   37.951%                   (927,450)                (5,153)       (752,338)     (1,956)       (1,956)         66,451        (66,451)
      Feb-09                         147            (5,153)       (757,491)        169,959   37.951%                   (927,450)                (5,153)       (757,491)     (1,956)       (1,956)         64,496        (64,496)
      Mar-09                         148            (5,153)       (762,644)        164,806   37.951%                   (927,450)                (5,153)       (762,644)     (1,956)       (1,956)         62,540        (62,540)
      Apr-09                         149            (5,153)       (767,797)        159,653   37.951%                   (927,450)                (5,153)       (767,797)     (1,956)       (1,956)         60,585        (60,585)
      May-09                         150            (5,153)       (772,950)        154,500   37.951%                   (927,450)                (5,153)       (772,950)     (1,956)       (1,956)         58,629        (58,629)
      Jun-09                         151            (5,153)       (778,103)        149,347   37.951%                   (927,450)                (5,153)       (778,103)     (1,956)       (1,956)         56,673        (56,673)
       Jul-09                        152            (5,153)       (783,256)        144,194   37.951%                   (927,450)                (5,153)       (783,256)     (1,956)       (1,956)         54,718        (54,718)
      Aug-09                         153            (5,153)       (788,409)        139,041   37.951%                   (927,450)                (5,153)       (788,409)     (1,956)       (1,956)         52,762        (52,762)
      Sep-09                         154            (5,153)       (793,562)        133,888   37.951%                   (927,450)                (5,153)       (793,562)     (1,956)       (1,956)         50,807        (50,807)


                                                                                                                                                      Dec 1996
SO2 Allowance Sales Gain - Amortization Schedule
Clean Air Capital Markets Settlement, EPA Auction & Cantor Fitzgerald
      (A)               (B)            (C)         (D)              (E)                (F)        (G)            (H)       (I)           (J)             (K)        (L)            (M)           (N)            (O)             (P)
                                               [(B)/48]*1]        (D)*(C)            (B)+(E)                                           (H)*(G)           (D)                     (K)*(G)       (M)-(J)
                                                                                                                                                                                                D.I.T.         D.I.T.
                                                Monthly        Accumulated       Balance to                Monthly Tax Accumulated                  Monthly     Accumulated                   Monthly       Accumulated   Deferred Tax
 Date of Sale     Amount of Sale    Months    Amortization     Amortization       Amortize      Tax Rate      Gain       Tax Gain           Tax    Book Gain     Book Gain       Book Tax     Expense         Expense       Reserve       Dec-09   Dec-10   Total
      Oct-09                         155            (5,153)        (798,715)          128,735   37.951%                   (927,450)                   (5,153)       (798,715)      (1,956)        (1,956)         48,851       (48,851)
      Nov-09                         156            (5,153)        (803,868)          123,582   37.951%                   (927,450)                   (5,153)       (803,868)      (1,956)        (1,956)         46,895       (46,895)
      Dec-09                         157            (5,153)        (809,021)          118,429   37.951%                   (927,450)                   (5,153)       (809,021)      (1,956)        (1,956)         44,940       (44,940)
      Jan-10                         158            (5,153)        (814,174)          113,276   37.951%                   (927,450)                   (5,153)       (814,174)      (1,956)        (1,956)         42,984       (42,984)
      Feb-10                         159            (5,153)        (819,327)          108,123   37.951%                   (927,450)                   (5,153)       (819,327)      (1,956)        (1,956)         41,028       (41,028)
      Mar-10                         160            (5,153)        (824,480)          102,970   37.951%                   (927,450)                   (5,153)       (824,480)      (1,956)        (1,956)         39,073       (39,073)
      Apr-10                         161            (5,153)        (829,633)           97,817   37.951%                   (927,450)                   (5,153)       (829,633)      (1,956)        (1,956)         37,117       (37,117)
      May-10                         162            (5,153)        (834,786)           92,664   37.951%                   (927,450)                   (5,153)       (834,786)      (1,956)        (1,956)         35,162       (35,162)
      Jun-10                         163            (5,153)        (839,939)           87,511   37.951%                   (927,450)                   (5,153)       (839,939)      (1,956)        (1,956)         33,206       (33,206)
       Jul-10                        164            (5,153)        (845,092)           82,358   37.951%                   (927,450)                   (5,153)       (845,092)      (1,956)        (1,956)         31,250       (31,250)
      Aug-10                         165            (5,153)        (850,245)           77,205   37.951%                   (927,450)                   (5,153)       (850,245)      (1,956)        (1,956)         29,295       (29,295)
      Sep-10                         166            (5,153)        (855,398)           72,052   37.951%                   (927,450)                   (5,153)       (855,398)      (1,956)        (1,956)         27,339       (27,339)
      Oct-10                         167            (5,153)        (860,551)           66,899   37.951%                   (927,450)                   (5,153)       (860,551)      (1,956)        (1,956)         25,384       (25,384)
      Nov-10                         168            (5,153)        (865,704)           61,746   37.951%                   (927,450)                   (5,153)       (865,704)      (1,956)        (1,956)         23,428       (23,428)
      Dec-10                         169            (5,153)        (870,857)           56,593   37.951%                   (927,450)                   (5,153)       (870,857)      (1,956)        (1,956)         21,472       (21,472)
      Jan-11                         170            (5,153)        (876,010)           51,440   37.951%                   (927,450)                   (5,153)       (876,010)      (1,956)        (1,956)         19,517       (19,517)
      Feb-11                         171            (5,153)        (881,163)           46,287   37.951%                   (927,450)                   (5,153)       (881,163)      (1,956)        (1,956)         17,561       (17,561)
      Mar-11                         172            (5,153)        (886,316)           41,134   37.951%                   (927,450)                   (5,153)       (886,316)      (1,956)        (1,956)         15,605       (15,605)
      Apr-11                         173            (5,153)        (891,469)           35,981   37.951%                   (927,450)                   (5,153)       (891,469)      (1,956)        (1,956)         13,650       (13,650)
      May-11                         174            (5,153)        (896,622)           30,828   37.951%                   (927,450)                   (5,153)       (896,622)      (1,956)        (1,956)         11,694       (11,694)
      Jun-11                         175            (5,153)        (901,775)           25,675   37.951%                   (927,450)                   (5,153)       (901,775)      (1,956)        (1,956)          9,739        (9,739)
       Jul-11                        176            (5,153)        (906,928)           20,522   37.951%                   (927,450)                   (5,153)       (906,928)      (1,956)        (1,956)          7,783        (7,783)
      Aug-11                         177            (5,153)        (912,081)           15,369   37.951%                   (927,450)                   (5,153)       (912,081)      (1,956)        (1,956)          5,827        (5,827)
      Sep-11                         178            (5,153)        (917,234)           10,216   37.951%                   (927,450)                   (5,153)       (917,234)      (1,956)        (1,956)          3,872        (3,872)
      Oct-11                         179            (5,153)        (922,387)            5,063   37.951%                   (927,450)                   (5,153)       (922,387)      (1,956)        (1,956)          1,916        (1,916)
      Nov-11                         180            (5,063)        (927,450)                0   37.951%                   (927,450)                   (5,063)       (927,450)      (1,921)        (1,921)             (5)            5

        Totals           927,450                   (927,450)                                                 (927,450)                 (351,967)    (927,450)                    (351,973)           (5)     31,497,738    (31,497,738)

END              END               END       END                               END              END        END                        END          END                          END          END                          END               END      END    END END




                                                                                                                                                               Dec 1996
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and Enron
     (A)                (B)           (C)     (D)            (E)            (F)          (G)        (H)          (I)         (J)          (K)          (L)          (M)          (N)           (O)            (P)
                                          [(B)/48]*1]      (D)*(C)        (B)+(E)                                          (H)*(G)        (D)                     (K)*(G)      (M)-(J)
                                                                                                                                                                                D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated                 Monthly    Accumulated                Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months    Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain        Tax      Book Gain    Book Gain     Book Tax    Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Feb-97        (6,083,388)   1            33,797           33,797     (6,049,591) 37.950% 6,083,388       6,083,388   2,308,646      33,797         33,797     12,826   (2,295,820)     (2,295,820)    2,295,820   5,238,535    5,644,099    405,564    Amortization For The Test Period
      Mar-97                      2            33,797           67,594     (6,015,794) 37.950%                 6,083,388                  33,797         67,594     12,826       12,826      (2,282,994)    2,282,994    (320,595)    (166,679)   153,916    D.I.T. Expense For the Test Period
      Apr-97                      3            33,797          101,391     (5,981,997) 37.950%                 6,083,388                  33,797        101,391     12,826       12,826      (2,270,168)    2,270,168     320,595      166,679    243,637    Average Deferred Tax Reserve Balance
     May-97                       4            33,797          135,188     (5,948,200) 37.950%                 6,083,388                  33,797        135,188     12,826       12,826      (2,257,342)    2,257,342
      Jun-97                      5            33,797          168,985     (5,914,403) 37.950%                 6,083,388                  33,797        168,985     12,826       12,826      (2,244,516)    2,244,516   6,083,388    6,083,388          0    Tax Gain (SCHMAT) For The Test Period
       Jul-97                     6            33,797          202,782     (5,880,606) 37.950%                 6,083,388                  33,797        202,782     12,826       12,826      (2,231,690)    2,231,690   5,238,535    5,644,099    405,564    Realized Book Gain (SCHMDT) For The Test Period
      Aug-97                      7            33,797          236,579     (5,846,809) 37.950%                 6,083,388                  33,797        236,579     12,826       12,826      (2,218,864)    2,218,864
      Sep-97                      8            33,797          270,376     (5,813,012) 37.950%                 6,083,388                  33,797        270,376     12,826       12,826      (2,206,038)    2,206,038
      Oct-97                      9            33,797          304,173     (5,779,215) 37.950%                 6,083,388                  33,797        304,173     12,826       12,826      (2,193,212)    2,193,212
      Nov-97                      10           33,797          337,970     (5,745,418) 37.950%                 6,083,388                  33,797        337,970     12,826       12,826      (2,180,386)    2,180,386
      Dec-97                      11           33,797          371,767     (5,711,621) 37.950%                 6,083,388                  33,797        371,767     12,826       12,826      (2,167,560)    2,167,560
      Jan-98                      12           33,797          405,564     (5,677,824) 37.950%                 6,083,388                  33,797        405,564     12,826       12,826      (2,154,734)    2,154,734
      Feb-98                      13           33,797          439,361     (5,644,027) 37.950%                 6,083,388                  33,797        439,361     12,826       12,826      (2,141,908)    2,141,908
      Mar-98                      14           33,797          473,158     (5,610,230) 37.950%                 6,083,388                  33,797        473,158     12,826       12,826      (2,129,082)    2,129,082
      Apr-98                      15           33,797          506,955     (5,576,433) 37.950%                 6,083,388                  33,797        506,955     12,826       12,826      (2,116,256)    2,116,256
     May-98                       16           33,797          540,752     (5,542,636) 37.950%                 6,083,388                  33,797        540,752     12,826       12,826      (2,103,430)    2,103,430
      Jun-98                      17           33,797          574,549     (5,508,839) 37.950%                 6,083,388                  33,797        574,549     12,826       12,826      (2,090,604)    2,090,604
       Jul-98                     18           33,797          608,346     (5,475,042) 37.950%                 6,083,388                  33,797        608,346     12,826       12,826      (2,077,778)    2,077,778
      Aug-98                      19           33,797          642,143     (5,441,245) 37.950%                 6,083,388                  33,797        642,143     12,826       12,826      (2,064,952)    2,064,952
      Sep-98                      20           33,797          675,940     (5,407,448) 37.950%                 6,083,388                  33,797        675,940     12,826       12,826      (2,052,127)    2,052,127
      Oct-98                      21           33,797          709,737     (5,373,651) 37.950%                 6,083,388                  33,797        709,737     12,826       12,826      (2,039,301)    2,039,301
      Nov-98                      22           33,797          743,534     (5,339,854) 37.950%                 6,083,388                  33,797        743,534     12,826       12,826      (2,026,475)    2,026,475
      Dec-98                      23           33,797          777,331     (5,306,057) 37.950%                 6,083,388                  33,797        777,331     12,826       12,826      (2,013,649)    2,013,649
      Jan-99                      24           33,797          811,128     (5,272,260) 37.950%                 6,083,388                  33,797        811,128     12,826       12,826      (2,000,823)    2,000,823
      Feb-99                      25           33,797          844,925     (5,238,463) 37.950%                 6,083,388                  33,797        844,925     12,826       12,826      (1,987,997)    1,987,997
      Mar-99                      26           33,797          878,722     (5,204,666) 37.950%                 6,083,388                  33,797        878,722     12,826       12,826      (1,975,171)    1,975,171
      Apr-99                      27           33,797          912,519     (5,170,869) 37.950%                 6,083,388                  33,797        912,519     12,826       12,826      (1,962,345)    1,962,345
     May-99                       28           33,797          946,316     (5,137,072) 37.950%                 6,083,388                  33,797        946,316     12,826       12,826      (1,949,519)    1,949,519
      Jun-99                      29           33,797          980,113     (5,103,275) 37.950%                 6,083,388                  33,797        980,113     12,826       12,826      (1,936,693)    1,936,693
       Jul-99                     30           33,797        1,013,910     (5,069,478) 37.950%                 6,083,388                  33,797      1,013,910     12,826       12,826      (1,923,867)    1,923,867
      Aug-99                      31           33,797        1,047,707     (5,035,681) 37.950%                 6,083,388                  33,797      1,047,707     12,826       12,826      (1,911,041)    1,911,041
      Sep-99                      32           33,797        1,081,504     (5,001,884) 37.950%                 6,083,388                  33,797      1,081,504     12,826       12,826      (1,898,215)    1,898,215
      Oct-99                      33           33,797        1,115,301     (4,968,087) 37.950%                 6,083,388                  33,797      1,115,301     12,826       12,826      (1,885,389)    1,885,389
      Nov-99                      34           33,797        1,149,098     (4,934,290) 37.950%                 6,083,388                  33,797      1,149,098     12,826       12,826      (1,872,563)    1,872,563
      Dec-99                      35           33,797        1,182,895     (4,900,493) 37.950%                 6,083,388                  33,797      1,182,895     12,826       12,826      (1,859,737)    1,859,737
      Jan-00                      36           33,797        1,216,692     (4,866,696) 37.950%                 6,083,388                  33,797      1,216,692     12,826       12,826      (1,846,911)    1,846,911
      Feb-00                      37           33,797        1,250,489     (4,832,899) 37.950%                 6,083,388                  33,797      1,250,489     12,826       12,826      (1,834,085)    1,834,085
      Mar-00                      38           33,797        1,284,286     (4,799,102) 37.950%                 6,083,388                  33,797      1,284,286     12,826       12,826      (1,821,259)    1,821,259
      Apr-00                      39           33,797        1,318,083     (4,765,305) 37.950%                 6,083,388                  33,797      1,318,083     12,826       12,826      (1,808,433)    1,808,433
     May-00                       40           33,797        1,351,880     (4,731,508) 37.950%                 6,083,388                  33,797      1,351,880     12,826       12,826      (1,795,607)    1,795,607
      Jun-00                      41           33,797        1,385,677     (4,697,711) 37.950%                 6,083,388                  33,797      1,385,677     12,826       12,826      (1,782,781)    1,782,781
       Jul-00                     42           33,797        1,419,474     (4,663,914) 37.950%                 6,083,388                  33,797      1,419,474     12,826       12,826      (1,769,955)    1,769,955
      Aug-00                      43           33,797        1,453,271     (4,630,117) 37.950%                 6,083,388                  33,797      1,453,271     12,826       12,826      (1,757,129)    1,757,129
      Sep-00                      44           33,797        1,487,068     (4,596,320) 37.950%                 6,083,388                  33,797      1,487,068     12,826       12,826      (1,744,303)    1,744,303
      Oct-00                      45           33,797        1,520,865     (4,562,523) 37.950%                 6,083,388                  33,797      1,520,865     12,826       12,826      (1,731,477)    1,731,477
      Nov-00                      46           33,797        1,554,662     (4,528,726) 37.950%                 6,083,388                  33,797      1,554,662     12,826       12,826      (1,718,652)    1,718,652
      Dec-00                      47           33,797        1,588,459     (4,494,929) 37.950%                 6,083,388                  33,797      1,588,459     12,826       12,826      (1,705,826)    1,705,826
      Jan-01                      48           33,797        1,622,256     (4,461,132) 37.950%                 6,083,388                  33,797      1,622,256     12,826       12,826      (1,693,000)    1,693,000
      Feb-01                      49           33,797        1,656,053     (4,427,335) 37.950%                 6,083,388                  33,797      1,656,053     12,826       12,826      (1,680,174)    1,680,174
      Mar-01                      50           33,797        1,689,850     (4,393,538) 37.950%                 6,083,388                  33,797      1,689,850     12,826       12,826      (1,667,348)    1,667,348
      Apr-01                      51           33,797        1,723,647     (4,359,741) 37.950%                 6,083,388                  33,797      1,723,647     12,826       12,826      (1,654,522)    1,654,522
     May-01                       52           33,797        1,757,444     (4,325,944) 37.950%                 6,083,388                  33,797      1,757,444     12,826       12,826      (1,641,696)    1,641,696
      Jun-01                      53           33,797        1,791,241     (4,292,147) 37.950%                 6,083,388                  33,797      1,791,241     12,826       12,826      (1,628,870)    1,628,870
       Jul-01                     54           33,797        1,825,038     (4,258,350) 37.950%                 6,083,388                  33,797      1,825,038     12,826       12,826      (1,616,044)    1,616,044
      Aug-01                      55           33,797        1,858,835     (4,224,553) 37.950%                 6,083,388                  33,797      1,858,835     12,826       12,826      (1,603,218)    1,603,218
      Sep-01                      56           33,797        1,892,632     (4,190,756) 37.950%                 6,083,388                  33,797      1,892,632     12,826       12,826      (1,590,392)    1,590,392
      Oct-01                      57           33,797        1,926,429     (4,156,959) 37.950%                 6,083,388                  33,797      1,926,429     12,826       12,826      (1,577,566)    1,577,566
      Nov-01                      58           33,797        1,960,226     (4,123,162) 37.950%                 6,083,388                  33,797      1,960,226     12,826       12,826      (1,564,740)    1,564,740
      Dec-01                      59           33,797        1,994,023     (4,089,365) 37.950%                 6,083,388                  33,797      1,994,023     12,826       12,826      (1,551,914)    1,551,914
      Jan-02                      60           33,797        2,027,820     (4,055,568) 37.950%                 6,083,388                  33,797      2,027,820     12,826       12,826      (1,539,088)    1,539,088
      Feb-02                      61           33,797        2,061,617     (4,021,771) 37.950%                 6,083,388                  33,797      2,061,617     12,826       12,826      (1,526,262)    1,526,262
      Mar-02                      62           33,797        2,095,414     (3,987,974) 37.950%                 6,083,388                  33,797      2,095,414     12,826       12,826      (1,513,436)    1,513,436
      Apr-02                      63           33,797        2,129,211     (3,954,177) 37.950%                 6,083,388                  33,797      2,129,211     12,826       12,826      (1,500,610)    1,500,610
     May-02                       64           33,797        2,163,008     (3,920,380) 37.950%                 6,083,388                  33,797      2,163,008     12,826       12,826      (1,487,784)    1,487,784
      Jun-02                      65           33,797        2,196,805     (3,886,583) 37.950%                 6,083,388                  33,797      2,196,805     12,826       12,826      (1,474,958)    1,474,958
       Jul-02                     66           33,797        2,230,602     (3,852,786) 37.950%                 6,083,388                  33,797      2,230,602     12,826       12,826      (1,462,132)    1,462,132
      Aug-02                      67           33,797        2,264,399     (3,818,989) 37.950%                 6,083,388                  33,797      2,264,399     12,826       12,826      (1,449,306)    1,449,306
      Sep-02                      68           33,797        2,298,196     (3,785,192) 37.950%                 6,083,388                  33,797      2,298,196     12,826       12,826      (1,436,480)    1,436,480
      Oct-02                      69           33,797        2,331,993     (3,751,395) 37.950%                 6,083,388                  33,797      2,331,993     12,826       12,826      (1,423,654)    1,423,654
      Nov-02                      70           33,797        2,365,790     (3,717,598) 37.950%                 6,083,388                  33,797      2,365,790     12,826       12,826      (1,410,828)    1,410,828
      Dec-02                      71           33,797        2,399,587     (3,683,801) 37.950%                 6,083,388                  33,797      2,399,587     12,826       12,826      (1,398,002)    1,398,002
      Jan-03                      72           33,797        2,433,384     (3,650,004) 37.950%                 6,083,388                  33,797      2,433,384     12,826       12,826      (1,385,177)    1,385,177
      Feb-03                      73           33,797        2,467,181     (3,616,207) 37.950%                 6,083,388                  33,797      2,467,181     12,826       12,826      (1,372,351)    1,372,351
      Mar-03                      74           33,797        2,500,978     (3,582,410) 37.950%                 6,083,388                  33,797      2,500,978     12,826       12,826      (1,359,525)    1,359,525
      Apr-03                      75           33,797        2,534,775     (3,548,613) 37.950%                 6,083,388                  33,797      2,534,775     12,826       12,826      (1,346,699)    1,346,699
     May-03                       76           33,797        2,568,572     (3,514,816) 37.951%                 6,083,388                  33,797      2,568,572     12,826       12,826      (1,333,872)    1,333,872
      Jun-03                      77           33,797        2,602,369     (3,481,019) 37.951%                 6,083,388                  33,797      2,602,369     12,826       12,826      (1,321,046)    1,321,046
       Jul-03                     78           33,797        2,636,166     (3,447,222) 37.951%                 6,083,388                  33,797      2,636,166     12,826       12,826      (1,308,220)    1,308,220
      Aug-03                      79           33,797        2,669,963     (3,413,425) 37.951%                 6,083,388                  33,797      2,669,963     12,826       12,826      (1,295,393)    1,295,393


                                                                                                                                                   Feb 1997
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and Enron
     (A)                (B)           (C)     (D)            (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)          (O)            (P)
                                          [(B)/48]*1]      (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.       D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly     Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense       Expense       Reserve      Dec-09   Dec-10   Total
      Sep-03                       80          33,797        2,703,760     (3,379,628) 37.951%                 6,083,388                33,797      2,703,760     12,826      12,826     (1,282,567)    1,282,567
      Oct-03                       81          33,797        2,737,557     (3,345,831) 37.951%                 6,083,388                33,797      2,737,557     12,826      12,826     (1,269,741)    1,269,741
      Nov-03                       82          33,797        2,771,354     (3,312,034) 37.951%                 6,083,388                33,797      2,771,354     12,826      12,826     (1,256,915)    1,256,915
      Dec-03                       83          33,797        2,805,151     (3,278,237) 37.951%                 6,083,388                33,797      2,805,151     12,826      12,826     (1,244,088)    1,244,088
      Jan-04                       84          33,797        2,838,948     (3,244,440) 37.951%                 6,083,388                33,797      2,838,948     12,826      12,826     (1,231,262)    1,231,262
      Feb-04                       85          33,797        2,872,745     (3,210,643) 37.951%                 6,083,388                33,797      2,872,745     12,826      12,826     (1,218,436)    1,218,436
      Mar-04                       86          33,797        2,906,542     (3,176,846) 37.951%                 6,083,388                33,797      2,906,542     12,826      12,826     (1,205,609)    1,205,609
      Apr-04                       87          33,797        2,940,339     (3,143,049) 37.951%                 6,083,388                33,797      2,940,339     12,826      12,826     (1,192,783)    1,192,783
     May-04                        88          33,797        2,974,136     (3,109,252) 37.951%                 6,083,388                33,797      2,974,136     12,826      12,826     (1,179,957)    1,179,957
      Jun-04                       89          33,797        3,007,933     (3,075,455) 37.951%                 6,083,388                33,797      3,007,933     12,826      12,826     (1,167,130)    1,167,130
       Jul-04                      90          33,797        3,041,730     (3,041,658) 37.951%                 6,083,388                33,797      3,041,730     12,826      12,826     (1,154,304)    1,154,304
      Aug-04                       91          33,797        3,075,527     (3,007,861) 37.951%                 6,083,388                33,797      3,075,527     12,826      12,826     (1,141,478)    1,141,478
      Sep-04                       92          33,797        3,109,324     (2,974,064) 37.951%                 6,083,388                33,797      3,109,324     12,826      12,826     (1,128,652)    1,128,652
      Oct-04                       93          33,797        3,143,121     (2,940,267) 37.951%                 6,083,388                33,797      3,143,121     12,826      12,826     (1,115,825)    1,115,825
      Nov-04                       94          33,797        3,176,918     (2,906,470) 37.951%                 6,083,388                33,797      3,176,918     12,826      12,826     (1,102,999)    1,102,999
      Dec-04                       95          33,797        3,210,715     (2,872,673) 37.951%                 6,083,388                33,797      3,210,715     12,826      12,826     (1,090,173)    1,090,173
      Jan-05                       96          33,797        3,244,512     (2,838,876) 37.951%                 6,083,388                33,797      3,244,512     12,826      12,826     (1,077,346)    1,077,346
      Feb-05                       97          33,797        3,278,309     (2,805,079) 37.951%                 6,083,388                33,797      3,278,309     12,826      12,826     (1,064,520)    1,064,520
      Mar-05                       98          33,797        3,312,106     (2,771,282) 37.951%                 6,083,388                33,797      3,312,106     12,826      12,826     (1,051,694)    1,051,694
      Apr-05                       99          33,797        3,345,903     (2,737,485) 37.951%                 6,083,388                33,797      3,345,903     12,826      12,826     (1,038,867)    1,038,867
     May-05                       100          33,797        3,379,700     (2,703,688) 37.951%                 6,083,388                33,797      3,379,700     12,826      12,826     (1,026,041)    1,026,041
      Jun-05                      101          33,797        3,413,497     (2,669,891) 37.951%                 6,083,388                33,797      3,413,497     12,826      12,826     (1,013,215)    1,013,215
       Jul-05                     102          33,797        3,447,294     (2,636,094) 37.951%                 6,083,388                33,797      3,447,294     12,826      12,826     (1,000,389)    1,000,389
      Aug-05                      103          33,797        3,481,091     (2,602,297) 37.951%                 6,083,388                33,797      3,481,091     12,826      12,826       (987,562)      987,562
      Sep-05                      104          33,797        3,514,888     (2,568,500) 37.951%                 6,083,388                33,797      3,514,888     12,826      12,826       (974,736)      974,736
      Oct-05                      105          33,797        3,548,685     (2,534,703) 37.951%                 6,083,388                33,797      3,548,685     12,826      12,826       (961,910)      961,910
      Nov-05                      106          33,797        3,582,482     (2,500,906) 37.951%                 6,083,388                33,797      3,582,482     12,826      12,826       (949,083)      949,083
      Dec-05                      107          33,797        3,616,279     (2,467,109) 37.951%                 6,083,388                33,797      3,616,279     12,826      12,826       (936,257)      936,257
      Jan-06                      108          33,797        3,650,076     (2,433,312) 37.951%                 6,083,388                33,797      3,650,076     12,826      12,826       (923,431)      923,431
      Feb-06                      109          33,797        3,683,873     (2,399,515) 37.951%                 6,083,388                33,797      3,683,873     12,826      12,826       (910,604)      910,604
      Mar-06                      110          33,797        3,717,670     (2,365,718) 37.951%                 6,083,388                33,797      3,717,670     12,826      12,826       (897,778)      897,778
      Apr-06                      111          33,797        3,751,467     (2,331,921) 37.951%                 6,083,388                33,797      3,751,467     12,826      12,826       (884,952)      884,952
     May-06                       112          33,797        3,785,264     (2,298,124) 37.951%                 6,083,388                33,797      3,785,264     12,826      12,826       (872,126)      872,126
      Jun-06                      113          33,797        3,819,061     (2,264,327) 37.951%                 6,083,388                33,797      3,819,061     12,826      12,826       (859,299)      859,299
       Jul-06                     114          33,797        3,852,858     (2,230,530) 37.951%                 6,083,388                33,797      3,852,858     12,826      12,826       (846,473)      846,473
      Aug-06                      115          33,797        3,886,655     (2,196,733) 37.951%                 6,083,388                33,797      3,886,655     12,826      12,826       (833,647)      833,647
      Sep-06                      116          33,797        3,920,452     (2,162,936) 37.951%                 6,083,388                33,797      3,920,452     12,826      12,826       (820,820)      820,820
      Oct-06                      117          33,797        3,954,249     (2,129,139) 37.951%                 6,083,388                33,797      3,954,249     12,826      12,826       (807,994)      807,994
      Nov-06                      118          33,797        3,988,046     (2,095,342) 37.951%                 6,083,388                33,797      3,988,046     12,826      12,826       (795,168)      795,168
      Dec-06                      119          33,797        4,021,843     (2,061,545) 37.951%                 6,083,388                33,797      4,021,843     12,826      12,826       (782,341)      782,341
      Jan-07                      120          33,797        4,055,640     (2,027,748) 37.951%                 6,083,388                33,797      4,055,640     12,826      12,826       (769,515)      769,515
      Feb-07                      121          33,797        4,089,437     (1,993,951) 37.951%                 6,083,388                33,797      4,089,437     12,826      12,826       (756,689)      756,689
      Mar-07                      122          33,797        4,123,234     (1,960,154) 37.951%                 6,083,388                33,797      4,123,234     12,826      12,826       (743,863)      743,863
      Apr-07                      123          33,797        4,157,031     (1,926,357) 37.951%                 6,083,388                33,797      4,157,031     12,826      12,826       (731,036)      731,036
     May-07                       124          33,797        4,190,828     (1,892,560) 37.951%                 6,083,388                33,797      4,190,828     12,826      12,826       (718,210)      718,210
      Jun-07                      125          33,797        4,224,625     (1,858,763) 37.951%                 6,083,388                33,797      4,224,625     12,826      12,826       (705,384)      705,384
       Jul-07                     126          33,797        4,258,422     (1,824,966) 37.951%                 6,083,388                33,797      4,258,422     12,826      12,826       (692,557)      692,557
      Aug-07                      127          33,797        4,292,219     (1,791,169) 37.951%                 6,083,388                33,797      4,292,219     12,826      12,826       (679,731)      679,731
      Sep-07                      128          33,797        4,326,016     (1,757,372) 37.951%                 6,083,388                33,797      4,326,016     12,826      12,826       (666,905)      666,905
      Oct-07                      129          33,797        4,359,813     (1,723,575) 37.951%                 6,083,388                33,797      4,359,813     12,826      12,826       (654,078)      654,078
      Nov-07                      130          33,797        4,393,610     (1,689,778) 37.951%                 6,083,388                33,797      4,393,610     12,826      12,826       (641,252)      641,252
      Dec-07                      131          33,797        4,427,407     (1,655,981) 37.951%                 6,083,388                33,797      4,427,407     12,826      12,826       (628,426)      628,426
      Jan-08                      132          33,797        4,461,204     (1,622,184) 37.951%                 6,083,388                33,797      4,461,204     12,826      12,826       (615,600)      615,600
      Feb-08                      133          33,797        4,495,001     (1,588,387) 37.951%                 6,083,388                33,797      4,495,001     12,826      12,826       (602,773)      602,773
      Mar-08                      134          33,797        4,528,798     (1,554,590) 37.951%                 6,083,388                33,797      4,528,798     12,826      12,826       (589,947)      589,947
      Apr-08                      135          33,797        4,562,595     (1,520,793) 37.951%                 6,083,388                33,797      4,562,595     12,826      12,826       (577,121)      577,121
     May-08                       136          33,797        4,596,392     (1,486,996) 37.951%                 6,083,388                33,797      4,596,392     12,826      12,826       (564,294)      564,294
      Jun-08                      137          33,797        4,630,189     (1,453,199) 37.951%                 6,083,388                33,797      4,630,189     12,826      12,826       (551,468)      551,468
       Jul-08                     138          33,797        4,663,986     (1,419,402) 37.951%                 6,083,388                33,797      4,663,986     12,826      12,826       (538,642)      538,642
      Aug-08                      139          33,797        4,697,783     (1,385,605) 37.951%                 6,083,388                33,797      4,697,783     12,826      12,826       (525,815)      525,815
      Sep-08                      140          33,797        4,731,580     (1,351,808) 37.951%                 6,083,388                33,797      4,731,580     12,826      12,826       (512,989)      512,989
      Oct-08                      141          33,797        4,765,377     (1,318,011) 37.951%                 6,083,388                33,797      4,765,377     12,826      12,826       (500,163)      500,163
      Nov-08                      142          33,797        4,799,174     (1,284,214) 37.951%                 6,083,388                33,797      4,799,174     12,826      12,826       (487,337)      487,337
      Dec-08                      143          33,797        4,832,971     (1,250,417) 37.951%                 6,083,388                33,797      4,832,971     12,826      12,826       (474,510)      474,510
      Jan-09                      144          33,797        4,866,768     (1,216,620) 37.951%                 6,083,388                33,797      4,866,768     12,826      12,826       (461,684)      461,684
      Feb-09                      145          33,797        4,900,565     (1,182,823) 37.951%                 6,083,388                33,797      4,900,565     12,826      12,826       (448,858)      448,858
      Mar-09                      146          33,797        4,934,362     (1,149,026) 37.951%                 6,083,388                33,797      4,934,362     12,826      12,826       (436,031)      436,031
      Apr-09                      147          33,797        4,968,159     (1,115,229) 37.951%                 6,083,388                33,797      4,968,159     12,826      12,826       (423,205)      423,205
     May-09                       148          33,797        5,001,956     (1,081,432) 37.951%                 6,083,388                33,797      5,001,956     12,826      12,826       (410,379)      410,379
      Jun-09                      149          33,797        5,035,753     (1,047,635) 37.951%                 6,083,388                33,797      5,035,753     12,826      12,826       (397,552)      397,552
       Jul-09                     150          33,797        5,069,550     (1,013,838) 37.951%                 6,083,388                33,797      5,069,550     12,826      12,826       (384,726)      384,726
      Aug-09                      151          33,797        5,103,347       (980,041) 37.951%                 6,083,388                33,797      5,103,347     12,826      12,826       (371,900)      371,900
      Sep-09                      152          33,797        5,137,144       (946,244) 37.951%                 6,083,388                33,797      5,137,144     12,826      12,826       (359,074)      359,074
      Oct-09                      153          33,797        5,170,941       (912,447) 37.951%                 6,083,388                33,797      5,170,941     12,826      12,826       (346,247)      346,247
      Nov-09                      154          33,797        5,204,738       (878,650) 37.951%                 6,083,388                33,797      5,204,738     12,826      12,826       (333,421)      333,421
      Dec-09                      155          33,797        5,238,535       (844,853) 37.951%                 6,083,388                33,797      5,238,535     12,826      12,826       (320,595)      320,595
      Jan-10                      156          33,797        5,272,332       (811,056) 37.951%                 6,083,388                33,797      5,272,332     12,826      12,826       (307,768)      307,768
      Feb-10                      157          33,797        5,306,129       (777,259) 37.951%                 6,083,388                33,797      5,306,129     12,826      12,826       (294,942)      294,942
      Mar-10                      158          33,797        5,339,926       (743,462) 37.951%                 6,083,388                33,797      5,339,926     12,826      12,826       (282,116)      282,116


                                                                                                                                                 Feb 1997
SO2 Allowance Sales Gain - Amortization Schedule
Cantor Fitzgerald Brokerage and Enron
     (A)                (B)           (C)     (D)                (E)                 (F)       (G)          (H)        (I)          (J)             (K)        (L)           (M)           (N)          (O)               (P)
                                          [(B)/48]*1]          (D)*(C)             (B)+(E)                                        (H)*(G)           (D)                    (K)*(G)       (M)-(J)
                                                                                                                                                                                          D.I.T.       D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                  Monthly     Accumulated                  Monthly     Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax    Book Gain     Book Gain      Book Tax     Expense       Expense       Reserve        Dec-09   Dec-10   Total
      Apr-10                          159          33,797        5,373,723         (709,665) 37.951%                 6,083,388                   33,797       5,373,723      12,826        12,826       (269,289)      269,289
     May-10                           160          33,797        5,407,520         (675,868) 37.951%                 6,083,388                   33,797       5,407,520      12,826        12,826       (256,463)      256,463
      Jun-10                          161          33,797        5,441,317         (642,071) 37.951%                 6,083,388                   33,797       5,441,317      12,826        12,826       (243,637)      243,637
       Jul-10                         162          33,797        5,475,114         (608,274) 37.951%                 6,083,388                   33,797       5,475,114      12,826        12,826       (230,811)      230,811
      Aug-10                          163          33,797        5,508,911         (574,477) 37.951%                 6,083,388                   33,797       5,508,911      12,826        12,826       (217,984)      217,984
      Sep-10                          164          33,797        5,542,708         (540,680) 37.951%                 6,083,388                   33,797       5,542,708      12,826        12,826       (205,158)      205,158
      Oct-10                          165          33,797        5,576,505         (506,883) 37.951%                 6,083,388                   33,797       5,576,505      12,826        12,826       (192,332)      192,332
      Nov-10                          166          33,797        5,610,302         (473,086) 37.951%                 6,083,388                   33,797       5,610,302      12,826        12,826       (179,505)      179,505
      Dec-10                          167          33,797        5,644,099         (439,289) 37.951%                 6,083,388                   33,797       5,644,099      12,826        12,826       (166,679)      166,679
      Jan-11                          168          33,797        5,677,896         (405,492) 37.951%                 6,083,388                   33,797       5,677,896      12,826        12,826       (153,853)      153,853
      Feb-11                          169          33,797        5,711,693         (371,695) 37.951%                 6,083,388                   33,797       5,711,693      12,826        12,826       (141,026)      141,026
      Mar-11                          170          33,797        5,745,490         (337,898) 37.951%                 6,083,388                   33,797       5,745,490      12,826        12,826       (128,200)      128,200
      Apr-11                          171          33,797        5,779,287         (304,101) 37.951%                 6,083,388                   33,797       5,779,287      12,826        12,826       (115,374)      115,374
     May-11                           172          33,797        5,813,084         (270,304) 37.951%                 6,083,388                   33,797       5,813,084      12,826        12,826       (102,548)      102,548
      Jun-11                          173          33,797        5,846,881         (236,507) 37.951%                 6,083,388                   33,797       5,846,881      12,826        12,826        (89,721)       89,721
       Jul-11                         174          33,797        5,880,678         (202,710) 37.951%                 6,083,388                   33,797       5,880,678      12,826        12,826        (76,895)       76,895
      Aug-11                          175          33,797        5,914,475         (168,913) 37.951%                 6,083,388                   33,797       5,914,475      12,826        12,826        (64,069)       64,069
      Sep-11                          176          33,797        5,948,272         (135,116) 37.951%                 6,083,388                   33,797       5,948,272      12,826        12,826        (51,242)       51,242
      Oct-11                          177          33,797        5,982,069         (101,319) 37.951%                 6,083,388                   33,797       5,982,069      12,826        12,826        (38,416)       38,416
      Nov-11                          178          33,797        6,015,866          (67,522) 37.951%                 6,083,388                   33,797       6,015,866      12,826        12,826        (25,590)       25,590
      Dec-11                          179          33,797        6,049,663          (33,725) 37.951%                 6,083,388                   33,797       6,049,663      12,826        12,826        (12,763)       12,763
      Jan-12                          180          33,725        6,083,388                0 37.951%                  6,083,388                   33,725       6,083,388      12,799        12,799             35           (35)

        Totals         (6,083,388)              6,083,388                                              6,083,388                  2,308,646    6,083,388                   2,308,681          35    (206,619,468)    206,619,468

END              END                 END      END                            END             END      END                        END          END                         END          END                          END              END      END    END END




                                                                                                                                                           Feb 1997
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Apr-97        (1,588,800)   1             8,827           8,827     (1,579,973) 37.950% 1,588,800       1,588,800   602,950       8,827          8,827      3,350    (599,600)       (599,600)      599,600   1,350,531    1,456,455    105,924    Amortization For The Test Period
     May-97                       2             8,827          17,654     (1,571,146) 37.950%                 1,588,800                 8,827        17,654       3,350        3,350       (596,250)      596,250     (90,416)     (50,217)    40,199    D.I.T. Expense For the Test Period
      Jun-97                      3             8,827          26,481     (1,562,319) 37.950%                 1,588,800                 8,827        26,481       3,350        3,350       (592,900)      592,900      90,416       50,217     70,316    Average Deferred Tax Reserve Balance
       Jul-97                     4             8,827          35,308     (1,553,492) 37.950%                 1,588,800                 8,827        35,308       3,350        3,350       (589,550)      589,550
      Aug-97                      5             8,827          44,135     (1,544,665) 37.950%                 1,588,800                 8,827        44,135       3,350        3,350       (586,200)      586,200   1,588,800    1,588,800          0    Tax Gain (SCHMAT) For The Test Period
      Sep-97                      6             8,827          52,962     (1,535,838) 37.950%                 1,588,800                 8,827        52,962       3,350        3,350       (582,851)      582,851   1,350,531    1,456,455    105,924    Realized Book Gain (SCHMDT) For The Test Period
      Oct-97                      7             8,827          61,789     (1,527,011) 37.950%                 1,588,800                 8,827        61,789       3,350        3,350       (579,501)      579,501
      Nov-97                      8             8,827          70,616     (1,518,184) 37.950%                 1,588,800                 8,827        70,616       3,350        3,350       (576,151)      576,151
      Dec-97                      9             8,827          79,443     (1,509,357) 37.950%                 1,588,800                 8,827        79,443       3,350        3,350       (572,801)      572,801
      Jan-98                      10            8,827          88,270     (1,500,530) 37.950%                 1,588,800                 8,827        88,270       3,350        3,350       (569,451)      569,451
      Feb-98                      11            8,827          97,097     (1,491,703) 37.950%                 1,588,800                 8,827        97,097       3,350        3,350       (566,101)      566,101
      Mar-98                      12            8,827        105,924      (1,482,876) 37.950%                 1,588,800                 8,827       105,924       3,350        3,350       (562,751)      562,751
      Apr-98                      13            8,827        114,751      (1,474,049) 37.950%                 1,588,800                 8,827       114,751       3,350        3,350       (559,402)      559,402
     May-98                       14            8,827        123,578      (1,465,222) 37.950%                 1,588,800                 8,827       123,578       3,350        3,350       (556,052)      556,052
      Jun-98                      15            8,827        132,405      (1,456,395) 37.950%                 1,588,800                 8,827       132,405       3,350        3,350       (552,702)      552,702
       Jul-98                     16            8,827        141,232      (1,447,568) 37.950%                 1,588,800                 8,827       141,232       3,350        3,350       (549,352)      549,352
      Aug-98                      17            8,827        150,059      (1,438,741) 37.950%                 1,588,800                 8,827       150,059       3,350        3,350       (546,002)      546,002
      Sep-98                      18            8,827        158,886      (1,429,914) 37.950%                 1,588,800                 8,827       158,886       3,350        3,350       (542,652)      542,652
      Oct-98                      19            8,827        167,713      (1,421,087) 37.950%                 1,588,800                 8,827       167,713       3,350        3,350       (539,303)      539,303
      Nov-98                      20            8,827        176,540      (1,412,260) 37.950%                 1,588,800                 8,827       176,540       3,350        3,350       (535,953)      535,953
      Dec-98                      21            8,827        185,367      (1,403,433) 37.950%                 1,588,800                 8,827       185,367       3,350        3,350       (532,603)      532,603
      Jan-99                      22            8,827        194,194      (1,394,606) 37.950%                 1,588,800                 8,827       194,194       3,350        3,350       (529,253)      529,253
      Feb-99                      23            8,827        203,021      (1,385,779) 37.950%                 1,588,800                 8,827       203,021       3,350        3,350       (525,903)      525,903
      Mar-99                      24            8,827        211,848      (1,376,952) 37.950%                 1,588,800                 8,827       211,848       3,350        3,350       (522,553)      522,553
      Apr-99                      25            8,827        220,675      (1,368,125) 37.950%                 1,588,800                 8,827       220,675       3,350        3,350       (519,203)      519,203
     May-99                       26            8,827        229,502      (1,359,298) 37.950%                 1,588,800                 8,827       229,502       3,350        3,350       (515,854)      515,854
      Jun-99                      27            8,827        238,329      (1,350,471) 37.950%                 1,588,800                 8,827       238,329       3,350        3,350       (512,504)      512,504
       Jul-99                     28            8,827        247,156      (1,341,644) 37.950%                 1,588,800                 8,827       247,156       3,350        3,350       (509,154)      509,154
      Aug-99                      29            8,827        255,983      (1,332,817) 37.950%                 1,588,800                 8,827       255,983       3,350        3,350       (505,804)      505,804
      Sep-99                      30            8,827        264,810      (1,323,990) 37.950%                 1,588,800                 8,827       264,810       3,350        3,350       (502,454)      502,454
      Oct-99                      31            8,827        273,637      (1,315,163) 37.950%                 1,588,800                 8,827       273,637       3,350        3,350       (499,104)      499,104
      Nov-99                      32            8,827        282,464      (1,306,336) 37.950%                 1,588,800                 8,827       282,464       3,350        3,350       (495,755)      495,755
      Dec-99                      33            8,827        291,291      (1,297,509) 37.950%                 1,588,800                 8,827       291,291       3,350        3,350       (492,405)      492,405
      Jan-00                      34            8,827        300,118      (1,288,682) 37.950%                 1,588,800                 8,827       300,118       3,350        3,350       (489,055)      489,055
      Feb-00                      35            8,827        308,945      (1,279,855) 37.950%                 1,588,800                 8,827       308,945       3,350        3,350       (485,705)      485,705
      Mar-00                      36            8,827        317,772      (1,271,028) 37.950%                 1,588,800                 8,827       317,772       3,350        3,350       (482,355)      482,355
      Apr-00                      37            8,827        326,599      (1,262,201) 37.950%                 1,588,800                 8,827       326,599       3,350        3,350       (479,005)      479,005
     May-00                       38            8,827        335,426      (1,253,374) 37.950%                 1,588,800                 8,827       335,426       3,350        3,350       (475,655)      475,655
      Jun-00                      39            8,827        344,253      (1,244,547) 37.950%                 1,588,800                 8,827       344,253       3,350        3,350       (472,306)      472,306
       Jul-00                     40            8,827        353,080      (1,235,720) 37.950%                 1,588,800                 8,827       353,080       3,350        3,350       (468,956)      468,956
      Aug-00                      41            8,827        361,907      (1,226,893) 37.950%                 1,588,800                 8,827       361,907       3,350        3,350       (465,606)      465,606
      Sep-00                      42            8,827        370,734      (1,218,066) 37.950%                 1,588,800                 8,827       370,734       3,350        3,350       (462,256)      462,256
      Oct-00                      43            8,827        379,561      (1,209,239) 37.950%                 1,588,800                 8,827       379,561       3,350        3,350       (458,906)      458,906
      Nov-00                      44            8,827        388,388      (1,200,412) 37.950%                 1,588,800                 8,827       388,388       3,350        3,350       (455,556)      455,556
      Dec-00                      45            8,827        397,215      (1,191,585) 37.950%                 1,588,800                 8,827       397,215       3,350        3,350       (452,207)      452,207
      Jan-01                      46            8,827        406,042      (1,182,758) 37.950%                 1,588,800                 8,827       406,042       3,350        3,350       (448,857)      448,857
      Feb-01                      47            8,827        414,869      (1,173,931) 37.950%                 1,588,800                 8,827       414,869       3,350        3,350       (445,507)      445,507
      Mar-01                      48            8,827        423,696      (1,165,104) 37.950%                 1,588,800                 8,827       423,696       3,350        3,350       (442,157)      442,157
      Apr-01                      49            8,827        432,523      (1,156,277) 37.950%                 1,588,800                 8,827       432,523       3,350        3,350       (438,807)      438,807
     May-01                       50            8,827        441,350      (1,147,450) 37.950%                 1,588,800                 8,827       441,350       3,350        3,350       (435,457)      435,457
      Jun-01                      51            8,827        450,177      (1,138,623) 37.950%                 1,588,800                 8,827       450,177       3,350        3,350       (432,107)      432,107
       Jul-01                     52            8,827        459,004      (1,129,796) 37.950%                 1,588,800                 8,827       459,004       3,350        3,350       (428,758)      428,758
      Aug-01                      53            8,827        467,831      (1,120,969) 37.950%                 1,588,800                 8,827       467,831       3,350        3,350       (425,408)      425,408
      Sep-01                      54            8,827        476,658      (1,112,142) 37.950%                 1,588,800                 8,827       476,658       3,350        3,350       (422,058)      422,058
      Oct-01                      55            8,827        485,485      (1,103,315) 37.950%                 1,588,800                 8,827       485,485       3,350        3,350       (418,708)      418,708
      Nov-01                      56            8,827        494,312      (1,094,488) 37.950%                 1,588,800                 8,827       494,312       3,350        3,350       (415,358)      415,358
      Dec-01                      57            8,827        503,139      (1,085,661) 37.950%                 1,588,800                 8,827       503,139       3,350        3,350       (412,008)      412,008
      Jan-02                      58            8,827        511,966      (1,076,834) 37.950%                 1,588,800                 8,827       511,966       3,350        3,350       (408,659)      408,659
      Feb-02                      59            8,827        520,793      (1,068,007) 37.950%                 1,588,800                 8,827       520,793       3,350        3,350       (405,309)      405,309
      Mar-02                      60            8,827        529,620      (1,059,180) 37.950%                 1,588,800                 8,827       529,620       3,350        3,350       (401,959)      401,959
      Apr-02                      61            8,827        538,447      (1,050,353) 37.950%                 1,588,800                 8,827       538,447       3,350        3,350       (398,609)      398,609
     May-02                       62            8,827        547,274      (1,041,526) 37.950%                 1,588,800                 8,827       547,274       3,350        3,350       (395,259)      395,259
      Jun-02                      63            8,827        556,101      (1,032,699) 37.950%                 1,588,800                 8,827       556,101       3,350        3,350       (391,909)      391,909
       Jul-02                     64            8,827        564,928      (1,023,872) 37.950%                 1,588,800                 8,827       564,928       3,350        3,350       (388,559)      388,559
      Aug-02                      65            8,827        573,755      (1,015,045) 37.950%                 1,588,800                 8,827       573,755       3,350        3,350       (385,210)      385,210
      Sep-02                      66            8,827        582,582      (1,006,218) 37.950%                 1,588,800                 8,827       582,582       3,350        3,350       (381,860)      381,860
      Oct-02                      67            8,827        591,409        (997,391) 37.950%                 1,588,800                 8,827       591,409       3,350        3,350       (378,510)      378,510
      Nov-02                      68            8,827        600,236        (988,564) 37.950%                 1,588,800                 8,827       600,236       3,350        3,350       (375,160)      375,160
      Dec-02                      69            8,827        609,063        (979,737) 37.950%                 1,588,800                 8,827       609,063       3,350        3,350       (371,810)      371,810
      Jan-03                      70            8,827        617,890        (970,910) 37.950%                 1,588,800                 8,827       617,890       3,350        3,350       (368,460)      368,460
      Feb-03                      71            8,827        626,717        (962,083) 37.950%                 1,588,800                 8,827       626,717       3,350        3,350       (365,110)      365,110
      Mar-03                      72            8,827        635,544        (953,256) 37.950%                 1,588,800                 8,827       635,544       3,350        3,350       (361,761)      361,761
      Apr-03                      73            8,827        644,371        (944,429) 37.950%                 1,588,800                 8,827       644,371       3,350        3,350       (358,411)      358,411
     May-03                       74            8,827        653,198        (935,602) 37.951%                 1,588,800                 8,827       653,198       3,350        3,350       (355,061)      355,061
      Jun-03                      75            8,827        662,025        (926,775) 37.951%                 1,588,800                 8,827       662,025       3,350        3,350       (351,711)      351,711
       Jul-03                     76            8,827        670,852        (917,948) 37.951%                 1,588,800                 8,827       670,852       3,350        3,350       (348,361)      348,361
      Aug-03                      77            8,827        679,679        (909,121) 37.951%                 1,588,800                 8,827       679,679       3,350        3,350       (345,011)      345,011
      Sep-03                      78            8,827        688,506        (900,294) 37.951%                 1,588,800                 8,827       688,506       3,350        3,350       (341,661)      341,661
      Oct-03                      79            8,827        697,333        (891,467) 37.951%                 1,588,800                 8,827       697,333       3,350        3,350       (338,311)      338,311


                                                                                                                                                 Apr 1997
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Nov-03                       80            8,827         706,160       (882,640) 37.951%                 1,588,800                 8,827        706,160      3,350        3,350       (334,961)      334,961
      Dec-03                       81            8,827         714,987       (873,813) 37.951%                 1,588,800                 8,827        714,987      3,350        3,350       (331,611)      331,611
      Jan-04                       82            8,827         723,814       (864,986) 37.951%                 1,588,800                 8,827        723,814      3,350        3,350       (328,261)      328,261
      Feb-04                       83            8,827         732,641       (856,159) 37.951%                 1,588,800                 8,827        732,641      3,350        3,350       (324,911)      324,911
      Mar-04                       84            8,827         741,468       (847,332) 37.951%                 1,588,800                 8,827        741,468      3,350        3,350       (321,562)      321,562
      Apr-04                       85            8,827         750,295       (838,505) 37.951%                 1,588,800                 8,827        750,295      3,350        3,350       (318,212)      318,212
     May-04                        86            8,827         759,122       (829,678) 37.951%                 1,588,800                 8,827        759,122      3,350        3,350       (314,862)      314,862
      Jun-04                       87            8,827         767,949       (820,851) 37.951%                 1,588,800                 8,827        767,949      3,350        3,350       (311,512)      311,512
       Jul-04                      88            8,827         776,776       (812,024) 37.951%                 1,588,800                 8,827        776,776      3,350        3,350       (308,162)      308,162
      Aug-04                       89            8,827         785,603       (803,197) 37.951%                 1,588,800                 8,827        785,603      3,350        3,350       (304,812)      304,812
      Sep-04                       90            8,827         794,430       (794,370) 37.951%                 1,588,800                 8,827        794,430      3,350        3,350       (301,462)      301,462
      Oct-04                       91            8,827         803,257       (785,543) 37.951%                 1,588,800                 8,827        803,257      3,350        3,350       (298,112)      298,112
      Nov-04                       92            8,827         812,084       (776,716) 37.951%                 1,588,800                 8,827        812,084      3,350        3,350       (294,762)      294,762
      Dec-04                       93            8,827         820,911       (767,889) 37.951%                 1,588,800                 8,827        820,911      3,350        3,350       (291,412)      291,412
      Jan-05                       94            8,827         829,738       (759,062) 37.951%                 1,588,800                 8,827        829,738      3,350        3,350       (288,062)      288,062
      Feb-05                       95            8,827         838,565       (750,235) 37.951%                 1,588,800                 8,827        838,565      3,350        3,350       (284,712)      284,712
      Mar-05                       96            8,827         847,392       (741,408) 37.951%                 1,588,800                 8,827        847,392      3,350        3,350       (281,362)      281,362
      Apr-05                       97            8,827         856,219       (732,581) 37.951%                 1,588,800                 8,827        856,219      3,350        3,350       (278,012)      278,012
     May-05                        98            8,827         865,046       (723,754) 37.951%                 1,588,800                 8,827        865,046      3,350        3,350       (274,662)      274,662
      Jun-05                       99            8,827         873,873       (714,927) 37.951%                 1,588,800                 8,827        873,873      3,350        3,350       (271,313)      271,313
       Jul-05                     100            8,827         882,700       (706,100) 37.951%                 1,588,800                 8,827        882,700      3,350        3,350       (267,963)      267,963
      Aug-05                      101            8,827         891,527       (697,273) 37.951%                 1,588,800                 8,827        891,527      3,350        3,350       (264,613)      264,613
      Sep-05                      102            8,827         900,354       (688,446) 37.951%                 1,588,800                 8,827        900,354      3,350        3,350       (261,263)      261,263
      Oct-05                      103            8,827         909,181       (679,619) 37.951%                 1,588,800                 8,827        909,181      3,350        3,350       (257,913)      257,913
      Nov-05                      104            8,827         918,008       (670,792) 37.951%                 1,588,800                 8,827        918,008      3,350        3,350       (254,563)      254,563
      Dec-05                      105            8,827         926,835       (661,965) 37.951%                 1,588,800                 8,827        926,835      3,350        3,350       (251,213)      251,213
      Jan-06                      106            8,827         935,662       (653,138) 37.951%                 1,588,800                 8,827        935,662      3,350        3,350       (247,863)      247,863
      Feb-06                      107            8,827         944,489       (644,311) 37.951%                 1,588,800                 8,827        944,489      3,350        3,350       (244,513)      244,513
      Mar-06                      108            8,827         953,316       (635,484) 37.951%                 1,588,800                 8,827        953,316      3,350        3,350       (241,163)      241,163
      Apr-06                      109            8,827         962,143       (626,657) 37.951%                 1,588,800                 8,827        962,143      3,350        3,350       (237,813)      237,813
     May-06                       110            8,827         970,970       (617,830) 37.951%                 1,588,800                 8,827        970,970      3,350        3,350       (234,463)      234,463
      Jun-06                      111            8,827         979,797       (609,003) 37.951%                 1,588,800                 8,827        979,797      3,350        3,350       (231,113)      231,113
       Jul-06                     112            8,827         988,624       (600,176) 37.951%                 1,588,800                 8,827        988,624      3,350        3,350       (227,763)      227,763
      Aug-06                      113            8,827         997,451       (591,349) 37.951%                 1,588,800                 8,827        997,451      3,350        3,350       (224,413)      224,413
      Sep-06                      114            8,827       1,006,278       (582,522) 37.951%                 1,588,800                 8,827      1,006,278      3,350        3,350       (221,063)      221,063
      Oct-06                      115            8,827       1,015,105       (573,695) 37.951%                 1,588,800                 8,827      1,015,105      3,350        3,350       (217,714)      217,714
      Nov-06                      116            8,827       1,023,932       (564,868) 37.951%                 1,588,800                 8,827      1,023,932      3,350        3,350       (214,364)      214,364
      Dec-06                      117            8,827       1,032,759       (556,041) 37.951%                 1,588,800                 8,827      1,032,759      3,350        3,350       (211,014)      211,014
      Jan-07                      118            8,827       1,041,586       (547,214) 37.951%                 1,588,800                 8,827      1,041,586      3,350        3,350       (207,664)      207,664
      Feb-07                      119            8,827       1,050,413       (538,387) 37.951%                 1,588,800                 8,827      1,050,413      3,350        3,350       (204,314)      204,314
      Mar-07                      120            8,827       1,059,240       (529,560) 37.951%                 1,588,800                 8,827      1,059,240      3,350        3,350       (200,964)      200,964
      Apr-07                      121            8,827       1,068,067       (520,733) 37.951%                 1,588,800                 8,827      1,068,067      3,350        3,350       (197,614)      197,614
     May-07                       122            8,827       1,076,894       (511,906) 37.951%                 1,588,800                 8,827      1,076,894      3,350        3,350       (194,264)      194,264
      Jun-07                      123            8,827       1,085,721       (503,079) 37.951%                 1,588,800                 8,827      1,085,721      3,350        3,350       (190,914)      190,914
       Jul-07                     124            8,827       1,094,548       (494,252) 37.951%                 1,588,800                 8,827      1,094,548      3,350        3,350       (187,564)      187,564
      Aug-07                      125            8,827       1,103,375       (485,425) 37.951%                 1,588,800                 8,827      1,103,375      3,350        3,350       (184,214)      184,214
      Sep-07                      126            8,827       1,112,202       (476,598) 37.951%                 1,588,800                 8,827      1,112,202      3,350        3,350       (180,864)      180,864
      Oct-07                      127            8,827       1,121,029       (467,771) 37.951%                 1,588,800                 8,827      1,121,029      3,350        3,350       (177,514)      177,514
      Nov-07                      128            8,827       1,129,856       (458,944) 37.951%                 1,588,800                 8,827      1,129,856      3,350        3,350       (174,164)      174,164
      Dec-07                      129            8,827       1,138,683       (450,117) 37.951%                 1,588,800                 8,827      1,138,683      3,350        3,350       (170,814)      170,814
      Jan-08                      130            8,827       1,147,510       (441,290) 37.951%                 1,588,800                 8,827      1,147,510      3,350        3,350       (167,465)      167,465
      Feb-08                      131            8,827       1,156,337       (432,463) 37.951%                 1,588,800                 8,827      1,156,337      3,350        3,350       (164,115)      164,115
      Mar-08                      132            8,827       1,165,164       (423,636) 37.951%                 1,588,800                 8,827      1,165,164      3,350        3,350       (160,765)      160,765
      Apr-08                      133            8,827       1,173,991       (414,809) 37.951%                 1,588,800                 8,827      1,173,991      3,350        3,350       (157,415)      157,415
     May-08                       134            8,827       1,182,818       (405,982) 37.951%                 1,588,800                 8,827      1,182,818      3,350        3,350       (154,065)      154,065
      Jun-08                      135            8,827       1,191,645       (397,155) 37.951%                 1,588,800                 8,827      1,191,645      3,350        3,350       (150,715)      150,715
       Jul-08                     136            8,827       1,200,472       (388,328) 37.951%                 1,588,800                 8,827      1,200,472      3,350        3,350       (147,365)      147,365
      Aug-08                      137            8,827       1,209,299       (379,501) 37.951%                 1,588,800                 8,827      1,209,299      3,350        3,350       (144,015)      144,015
      Sep-08                      138            8,827       1,218,126       (370,674) 37.951%                 1,588,800                 8,827      1,218,126      3,350        3,350       (140,665)      140,665
      Oct-08                      139            8,827       1,226,953       (361,847) 37.951%                 1,588,800                 8,827      1,226,953      3,350        3,350       (137,315)      137,315
      Nov-08                      140            8,827       1,235,780       (353,020) 37.951%                 1,588,800                 8,827      1,235,780      3,350        3,350       (133,965)      133,965
      Dec-08                      141            8,827       1,244,607       (344,193) 37.951%                 1,588,800                 8,827      1,244,607      3,350        3,350       (130,615)      130,615
      Jan-09                      142            8,827       1,253,434       (335,366) 37.951%                 1,588,800                 8,827      1,253,434      3,350        3,350       (127,265)      127,265
      Feb-09                      143            8,827       1,262,261       (326,539) 37.951%                 1,588,800                 8,827      1,262,261      3,350        3,350       (123,915)      123,915
      Mar-09                      144            8,827       1,271,088       (317,712) 37.951%                 1,588,800                 8,827      1,271,088      3,350        3,350       (120,565)      120,565
      Apr-09                      145            8,827       1,279,915       (308,885) 37.951%                 1,588,800                 8,827      1,279,915      3,350        3,350       (117,216)      117,216
     May-09                       146            8,827       1,288,742       (300,058) 37.951%                 1,588,800                 8,827      1,288,742      3,350        3,350       (113,866)      113,866
      Jun-09                      147            8,827       1,297,569       (291,231) 37.951%                 1,588,800                 8,827      1,297,569      3,350        3,350       (110,516)      110,516
       Jul-09                     148            8,827       1,306,396       (282,404) 37.951%                 1,588,800                 8,827      1,306,396      3,350        3,350       (107,166)      107,166
      Aug-09                      149            8,827       1,315,223       (273,577) 37.951%                 1,588,800                 8,827      1,315,223      3,350        3,350       (103,816)      103,816
      Sep-09                      150            8,827       1,324,050       (264,750) 37.951%                 1,588,800                 8,827      1,324,050      3,350        3,350       (100,466)      100,466
      Oct-09                      151            8,827       1,332,877       (255,923) 37.951%                 1,588,800                 8,827      1,332,877      3,350        3,350        (97,116)       97,116
      Nov-09                      152            8,827       1,341,704       (247,096) 37.951%                 1,588,800                 8,827      1,341,704      3,350        3,350        (93,766)       93,766
      Dec-09                      153            8,827       1,350,531       (238,269) 37.951%                 1,588,800                 8,827      1,350,531      3,350        3,350        (90,416)       90,416
      Jan-10                      154            8,827       1,359,358       (229,442) 37.951%                 1,588,800                 8,827      1,359,358      3,350        3,350        (87,066)       87,066
      Feb-10                      155            8,827       1,368,185       (220,615) 37.951%                 1,588,800                 8,827      1,368,185      3,350        3,350        (83,716)       83,716
      Mar-10                      156            8,827       1,377,012       (211,788) 37.951%                 1,588,800                 8,827      1,377,012      3,350        3,350        (80,366)       80,366
      Apr-10                      157            8,827       1,385,839       (202,961) 37.951%                 1,588,800                 8,827      1,385,839      3,350        3,350        (77,016)       77,016
     May-10                       158            8,827       1,394,666       (194,134) 37.951%                 1,588,800                 8,827      1,394,666      3,350        3,350        (73,666)       73,666


                                                                                                                                                  Apr 1997
SO2 Allowance Sales Gain - Amortization Schedule
Enron
      (A)           (B)         (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Jun-10                          159            8,827       1,403,493         (185,307) 37.951%                 1,588,800                   8,827       1,403,493       3,350         3,350        (70,316)       70,316
       Jul-10                         160            8,827       1,412,320         (176,480) 37.951%                 1,588,800                   8,827       1,412,320       3,350         3,350        (66,966)       66,966
      Aug-10                          161            8,827       1,421,147         (167,653) 37.951%                 1,588,800                   8,827       1,421,147       3,350         3,350        (63,617)       63,617
      Sep-10                          162            8,827       1,429,974         (158,826) 37.951%                 1,588,800                   8,827       1,429,974       3,350         3,350        (60,267)       60,267
      Oct-10                          163            8,827       1,438,801         (149,999) 37.951%                 1,588,800                   8,827       1,438,801       3,350         3,350        (56,917)       56,917
      Nov-10                          164            8,827       1,447,628         (141,172) 37.951%                 1,588,800                   8,827       1,447,628       3,350         3,350        (53,567)       53,567
      Dec-10                          165            8,827       1,456,455         (132,345) 37.951%                 1,588,800                   8,827       1,456,455       3,350         3,350        (50,217)       50,217
      Jan-11                          166            8,827       1,465,282         (123,518) 37.951%                 1,588,800                   8,827       1,465,282       3,350         3,350        (46,867)       46,867
      Feb-11                          167            8,827       1,474,109         (114,691) 37.951%                 1,588,800                   8,827       1,474,109       3,350         3,350        (43,517)       43,517
      Mar-11                          168            8,827       1,482,936         (105,864) 37.951%                 1,588,800                   8,827       1,482,936       3,350         3,350        (40,167)       40,167
      Apr-11                          169            8,827       1,491,763          (97,037) 37.951%                 1,588,800                   8,827       1,491,763       3,350         3,350        (36,817)       36,817
     May-11                           170            8,827       1,500,590          (88,210) 37.951%                 1,588,800                   8,827       1,500,590       3,350         3,350        (33,467)       33,467
      Jun-11                          171            8,827       1,509,417          (79,383) 37.951%                 1,588,800                   8,827       1,509,417       3,350         3,350        (30,117)       30,117
       Jul-11                         172            8,827       1,518,244          (70,556) 37.951%                 1,588,800                   8,827       1,518,244       3,350         3,350        (26,767)       26,767
      Aug-11                          173            8,827       1,527,071          (61,729) 37.951%                 1,588,800                   8,827       1,527,071       3,350         3,350        (23,417)       23,417
      Sep-11                          174            8,827       1,535,898          (52,902) 37.951%                 1,588,800                   8,827       1,535,898       3,350         3,350        (20,067)       20,067
      Oct-11                          175            8,827       1,544,725          (44,075) 37.951%                 1,588,800                   8,827       1,544,725       3,350         3,350        (16,717)       16,717
      Nov-11                          176            8,827       1,553,552          (35,248) 37.951%                 1,588,800                   8,827       1,553,552       3,350         3,350        (13,368)       13,368
      Dec-11                          177            8,827       1,562,379          (26,421) 37.951%                 1,588,800                   8,827       1,562,379       3,350         3,350        (10,018)       10,018
      Jan-12                          178            8,827       1,571,206          (17,594) 37.951%                 1,588,800                   8,827       1,571,206       3,350         3,350         (6,668)        6,668
      Feb-12                          179            8,827       1,580,033           (8,767) 37.951%                 1,588,800                   8,827       1,580,033       3,350         3,350         (3,318)        3,318
      Mar-12                          180            8,767       1,588,800                0 37.951%                  1,588,800                   8,767       1,588,800       3,327         3,327              9            (9)

        Totals         (1,588,800)              1,588,800                                              1,588,800                   602,950    1,588,800                    602,959            9     (53,961,441)     53,961,441

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Apr 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corp
     (A)            (B)         (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve        Dec-09       Dec-10      Total
     May-97         (1,100,000)   1             6,111           6,111     (1,093,889) 37.950% 1,100,000       1,100,000   417,450       6,111          6,111      2,319    (415,131)       (415,131)      415,131    928,872    1,002,204    73,332    Amortization For The Test Period
      Jun-97                      2             6,111          12,222     (1,087,778) 37.950%                 1,100,000                 6,111        12,222       2,319        2,319       (412,812)      412,812    (64,938)     (37,108)   27,830    D.I.T. Expense For the Test Period
       Jul-97                     3             6,111          18,333     (1,081,667) 37.950%                 1,100,000                 6,111        18,333       2,319        2,319       (410,493)      410,493     64,938       37,108    51,023    Average Deferred Tax Reserve Balance
      Aug-97                      4             6,111          24,444     (1,075,556) 37.950%                 1,100,000                 6,111        24,444       2,319        2,319       (408,174)      408,174
      Sep-97                      5             6,111          30,555     (1,069,445) 37.950%                 1,100,000                 6,111        30,555       2,319        2,319       (405,854)      405,854   1,100,000   1,100,000         0    Tax Gain (SCHMAT) For The Test Period
      Oct-97                      6             6,111          36,666     (1,063,334) 37.950%                 1,100,000                 6,111        36,666       2,319        2,319       (403,535)      403,535     928,872   1,002,204    73,332    Realized Book Gain (SCHMDT) For The Test Period
      Nov-97                      7             6,111          42,777     (1,057,223) 37.950%                 1,100,000                 6,111        42,777       2,319        2,319       (401,216)      401,216
      Dec-97                      8             6,111          48,888     (1,051,112) 37.950%                 1,100,000                 6,111        48,888       2,319        2,319       (398,897)      398,897
      Jan-98                      9             6,111          54,999     (1,045,001) 37.950%                 1,100,000                 6,111        54,999       2,319        2,319       (396,578)      396,578
      Feb-98                      10            6,111          61,110     (1,038,890) 37.950%                 1,100,000                 6,111        61,110       2,319        2,319       (394,259)      394,259
      Mar-98                      11            6,111          67,221     (1,032,779) 37.950%                 1,100,000                 6,111        67,221       2,319        2,319       (391,940)      391,940
      Apr-98                      12            6,111          73,332     (1,026,668) 37.950%                 1,100,000                 6,111        73,332       2,319        2,319       (389,621)      389,621
     May-98                       13            6,111          79,443     (1,020,557) 37.950%                 1,100,000                 6,111        79,443       2,319        2,319       (387,301)      387,301
      Jun-98                      14            6,111          85,554     (1,014,446) 37.950%                 1,100,000                 6,111        85,554       2,319        2,319       (384,982)      384,982
       Jul-98                     15            6,111          91,665     (1,008,335) 37.950%                 1,100,000                 6,111        91,665       2,319        2,319       (382,663)      382,663
      Aug-98                      16            6,111          97,776     (1,002,224) 37.950%                 1,100,000                 6,111        97,776       2,319        2,319       (380,344)      380,344
      Sep-98                      17            6,111        103,887        (996,113) 37.950%                 1,100,000                 6,111       103,887       2,319        2,319       (378,025)      378,025
      Oct-98                      18            6,111        109,998        (990,002) 37.950%                 1,100,000                 6,111       109,998       2,319        2,319       (375,706)      375,706
      Nov-98                      19            6,111        116,109        (983,891) 37.950%                 1,100,000                 6,111       116,109       2,319        2,319       (373,387)      373,387
      Dec-98                      20            6,111        122,220        (977,780) 37.950%                 1,100,000                 6,111       122,220       2,319        2,319       (371,068)      371,068
      Jan-99                      21            6,111        128,331        (971,669) 37.950%                 1,100,000                 6,111       128,331       2,319        2,319       (368,748)      368,748
      Feb-99                      22            6,111        134,442        (965,558) 37.950%                 1,100,000                 6,111       134,442       2,319        2,319       (366,429)      366,429
      Mar-99                      23            6,111        140,553        (959,447) 37.950%                 1,100,000                 6,111       140,553       2,319        2,319       (364,110)      364,110
      Apr-99                      24            6,111        146,664        (953,336) 37.950%                 1,100,000                 6,111       146,664       2,319        2,319       (361,791)      361,791
     May-99                       25            6,111        152,775        (947,225) 37.950%                 1,100,000                 6,111       152,775       2,319        2,319       (359,472)      359,472
      Jun-99                      26            6,111        158,886        (941,114) 37.950%                 1,100,000                 6,111       158,886       2,319        2,319       (357,153)      357,153
       Jul-99                     27            6,111        164,997        (935,003) 37.950%                 1,100,000                 6,111       164,997       2,319        2,319       (354,834)      354,834
      Aug-99                      28            6,111        171,108        (928,892) 37.950%                 1,100,000                 6,111       171,108       2,319        2,319       (352,515)      352,515
      Sep-99                      29            6,111        177,219        (922,781) 37.950%                 1,100,000                 6,111       177,219       2,319        2,319       (350,195)      350,195
      Oct-99                      30            6,111        183,330        (916,670) 37.950%                 1,100,000                 6,111       183,330       2,319        2,319       (347,876)      347,876
      Nov-99                      31            6,111        189,441        (910,559) 37.950%                 1,100,000                 6,111       189,441       2,319        2,319       (345,557)      345,557
      Dec-99                      32            6,111        195,552        (904,448) 37.950%                 1,100,000                 6,111       195,552       2,319        2,319       (343,238)      343,238
      Jan-00                      33            6,111        201,663        (898,337) 37.950%                 1,100,000                 6,111       201,663       2,319        2,319       (340,919)      340,919
      Feb-00                      34            6,111        207,774        (892,226) 37.950%                 1,100,000                 6,111       207,774       2,319        2,319       (338,600)      338,600
      Mar-00                      35            6,111        213,885        (886,115) 37.950%                 1,100,000                 6,111       213,885       2,319        2,319       (336,281)      336,281
      Apr-00                      36            6,111        219,996        (880,004) 37.950%                 1,100,000                 6,111       219,996       2,319        2,319       (333,962)      333,962
     May-00                       37            6,111        226,107        (873,893) 37.950%                 1,100,000                 6,111       226,107       2,319        2,319       (331,642)      331,642
      Jun-00                      38            6,111        232,218        (867,782) 37.950%                 1,100,000                 6,111       232,218       2,319        2,319       (329,323)      329,323
       Jul-00                     39            6,111        238,329        (861,671) 37.950%                 1,100,000                 6,111       238,329       2,319        2,319       (327,004)      327,004
      Aug-00                      40            6,111        244,440        (855,560) 37.950%                 1,100,000                 6,111       244,440       2,319        2,319       (324,685)      324,685
      Sep-00                      41            6,111        250,551        (849,449) 37.950%                 1,100,000                 6,111       250,551       2,319        2,319       (322,366)      322,366
      Oct-00                      42            6,111        256,662        (843,338) 37.950%                 1,100,000                 6,111       256,662       2,319        2,319       (320,047)      320,047
      Nov-00                      43            6,111        262,773        (837,227) 37.950%                 1,100,000                 6,111       262,773       2,319        2,319       (317,728)      317,728
      Dec-00                      44            6,111        268,884        (831,116) 37.950%                 1,100,000                 6,111       268,884       2,319        2,319       (315,409)      315,409
      Jan-01                      45            6,111        274,995        (825,005) 37.950%                 1,100,000                 6,111       274,995       2,319        2,319       (313,089)      313,089
      Feb-01                      46            6,111        281,106        (818,894) 37.950%                 1,100,000                 6,111       281,106       2,319        2,319       (310,770)      310,770
      Mar-01                      47            6,111        287,217        (812,783) 37.950%                 1,100,000                 6,111       287,217       2,319        2,319       (308,451)      308,451
      Apr-01                      48            6,111        293,328        (806,672) 37.950%                 1,100,000                 6,111       293,328       2,319        2,319       (306,132)      306,132
     May-01                       49            6,111        299,439        (800,561) 37.950%                 1,100,000                 6,111       299,439       2,319        2,319       (303,813)      303,813
      Jun-01                      50            6,111        305,550        (794,450) 37.950%                 1,100,000                 6,111       305,550       2,319        2,319       (301,494)      301,494
       Jul-01                     51            6,111        311,661        (788,339) 37.950%                 1,100,000                 6,111       311,661       2,319        2,319       (299,175)      299,175
      Aug-01                      52            6,111        317,772        (782,228) 37.950%                 1,100,000                 6,111       317,772       2,319        2,319       (296,856)      296,856
      Sep-01                      53            6,111        323,883        (776,117) 37.950%                 1,100,000                 6,111       323,883       2,319        2,319       (294,536)      294,536
      Oct-01                      54            6,111        329,994        (770,006) 37.950%                 1,100,000                 6,111       329,994       2,319        2,319       (292,217)      292,217
      Nov-01                      55            6,111        336,105        (763,895) 37.950%                 1,100,000                 6,111       336,105       2,319        2,319       (289,898)      289,898
      Dec-01                      56            6,111        342,216        (757,784) 37.950%                 1,100,000                 6,111       342,216       2,319        2,319       (287,579)      287,579
      Jan-02                      57            6,111        348,327        (751,673) 37.950%                 1,100,000                 6,111       348,327       2,319        2,319       (285,260)      285,260
      Feb-02                      58            6,111        354,438        (745,562) 37.950%                 1,100,000                 6,111       354,438       2,319        2,319       (282,941)      282,941
      Mar-02                      59            6,111        360,549        (739,451) 37.950%                 1,100,000                 6,111       360,549       2,319        2,319       (280,622)      280,622
      Apr-02                      60            6,111        366,660        (733,340) 37.950%                 1,100,000                 6,111       366,660       2,319        2,319       (278,303)      278,303
     May-02                       61            6,111        372,771        (727,229) 37.950%                 1,100,000                 6,111       372,771       2,319        2,319       (275,983)      275,983
      Jun-02                      62            6,111        378,882        (721,118) 37.950%                 1,100,000                 6,111       378,882       2,319        2,319       (273,664)      273,664
       Jul-02                     63            6,111        384,993        (715,007) 37.950%                 1,100,000                 6,111       384,993       2,319        2,319       (271,345)      271,345
      Aug-02                      64            6,111        391,104        (708,896) 37.950%                 1,100,000                 6,111       391,104       2,319        2,319       (269,026)      269,026
      Sep-02                      65            6,111        397,215        (702,785) 37.950%                 1,100,000                 6,111       397,215       2,319        2,319       (266,707)      266,707
      Oct-02                      66            6,111        403,326        (696,674) 37.950%                 1,100,000                 6,111       403,326       2,319        2,319       (264,388)      264,388
      Nov-02                      67            6,111        409,437        (690,563) 37.950%                 1,100,000                 6,111       409,437       2,319        2,319       (262,069)      262,069
      Dec-02                      68            6,111        415,548        (684,452) 37.950%                 1,100,000                 6,111       415,548       2,319        2,319       (259,750)      259,750
      Jan-03                      69            6,111        421,659        (678,341) 37.950%                 1,100,000                 6,111       421,659       2,319        2,319       (257,430)      257,430
      Feb-03                      70            6,111        427,770        (672,230) 37.950%                 1,100,000                 6,111       427,770       2,319        2,319       (255,111)      255,111
      Mar-03                      71            6,111        433,881        (666,119) 37.950%                 1,100,000                 6,111       433,881       2,319        2,319       (252,792)      252,792
      Apr-03                      72            6,111        439,992        (660,008) 37.950%                 1,100,000                 6,111       439,992       2,319        2,319       (250,473)      250,473
     May-03                       73            6,111        446,103        (653,897) 37.951%                 1,100,000                 6,111       446,103       2,319        2,319       (248,154)      248,154
      Jun-03                      74            6,111        452,214        (647,786) 37.951%                 1,100,000                 6,111       452,214       2,319        2,319       (245,835)      245,835
       Jul-03                     75            6,111        458,325        (641,675) 37.951%                 1,100,000                 6,111       458,325       2,319        2,319       (243,515)      243,515
      Aug-03                      76            6,111        464,436        (635,564) 37.951%                 1,100,000                 6,111       464,436       2,319        2,319       (241,196)      241,196
      Sep-03                      77            6,111        470,547        (629,453) 37.951%                 1,100,000                 6,111       470,547       2,319        2,319       (238,877)      238,877
      Oct-03                      78            6,111        476,658        (623,342) 37.951%                 1,100,000                 6,111       476,658       2,319        2,319       (236,558)      236,558
      Nov-03                      79            6,111        482,769        (617,231) 37.951%                 1,100,000                 6,111       482,769       2,319        2,319       (234,239)      234,239


                                                                                                                                                May 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corp
     (A)            (B)         (C)         (D)              (E)           (F)          (G)        (H)          (I)         (J)        (K)          (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)       (B)+(E)                                          (H)*(G)      (D)                    (K)*(G)     (M)-(J)
                                                                                                                                                                           D.I.T.        D.I.T.
                                            Monthly      Accumulated    Balance to             Monthly Tax Accumulated               Monthly    Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization    Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain    Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Dec-03                       80            6,111        488,880       (611,120) 37.951%                 1,100,000                 6,111       488,880      2,319        2,319       (231,920)      231,920
      Jan-04                       81            6,111        494,991       (605,009) 37.951%                 1,100,000                 6,111       494,991      2,319        2,319       (229,600)      229,600
      Feb-04                       82            6,111        501,102       (598,898) 37.951%                 1,100,000                 6,111       501,102      2,319        2,319       (227,281)      227,281
      Mar-04                       83            6,111        507,213       (592,787) 37.951%                 1,100,000                 6,111       507,213      2,319        2,319       (224,962)      224,962
      Apr-04                       84            6,111        513,324       (586,676) 37.951%                 1,100,000                 6,111       513,324      2,319        2,319       (222,643)      222,643
     May-04                        85            6,111        519,435       (580,565) 37.951%                 1,100,000                 6,111       519,435      2,319        2,319       (220,324)      220,324
      Jun-04                       86            6,111        525,546       (574,454) 37.951%                 1,100,000                 6,111       525,546      2,319        2,319       (218,004)      218,004
       Jul-04                      87            6,111        531,657       (568,343) 37.951%                 1,100,000                 6,111       531,657      2,319        2,319       (215,685)      215,685
      Aug-04                       88            6,111        537,768       (562,232) 37.951%                 1,100,000                 6,111       537,768      2,319        2,319       (213,366)      213,366
      Sep-04                       89            6,111        543,879       (556,121) 37.951%                 1,100,000                 6,111       543,879      2,319        2,319       (211,047)      211,047
      Oct-04                       90            6,111        549,990       (550,010) 37.951%                 1,100,000                 6,111       549,990      2,319        2,319       (208,728)      208,728
      Nov-04                       91            6,111        556,101       (543,899) 37.951%                 1,100,000                 6,111       556,101      2,319        2,319       (206,409)      206,409
      Dec-04                       92            6,111        562,212       (537,788) 37.951%                 1,100,000                 6,111       562,212      2,319        2,319       (204,089)      204,089
      Jan-05                       93            6,111        568,323       (531,677) 37.951%                 1,100,000                 6,111       568,323      2,319        2,319       (201,770)      201,770
      Feb-05                       94            6,111        574,434       (525,566) 37.951%                 1,100,000                 6,111       574,434      2,319        2,319       (199,451)      199,451
      Mar-05                       95            6,111        580,545       (519,455) 37.951%                 1,100,000                 6,111       580,545      2,319        2,319       (197,132)      197,132
      Apr-05                       96            6,111        586,656       (513,344) 37.951%                 1,100,000                 6,111       586,656      2,319        2,319       (194,813)      194,813
     May-05                        97            6,111        592,767       (507,233) 37.951%                 1,100,000                 6,111       592,767      2,319        2,319       (192,493)      192,493
      Jun-05                       98            6,111        598,878       (501,122) 37.951%                 1,100,000                 6,111       598,878      2,319        2,319       (190,174)      190,174
       Jul-05                      99            6,111        604,989       (495,011) 37.951%                 1,100,000                 6,111       604,989      2,319        2,319       (187,855)      187,855
      Aug-05                      100            6,111        611,100       (488,900) 37.951%                 1,100,000                 6,111       611,100      2,319        2,319       (185,536)      185,536
      Sep-05                      101            6,111        617,211       (482,789) 37.951%                 1,100,000                 6,111       617,211      2,319        2,319       (183,217)      183,217
      Oct-05                      102            6,111        623,322       (476,678) 37.951%                 1,100,000                 6,111       623,322      2,319        2,319       (180,897)      180,897
      Nov-05                      103            6,111        629,433       (470,567) 37.951%                 1,100,000                 6,111       629,433      2,319        2,319       (178,578)      178,578
      Dec-05                      104            6,111        635,544       (464,456) 37.951%                 1,100,000                 6,111       635,544      2,319        2,319       (176,259)      176,259
      Jan-06                      105            6,111        641,655       (458,345) 37.951%                 1,100,000                 6,111       641,655      2,319        2,319       (173,940)      173,940
      Feb-06                      106            6,111        647,766       (452,234) 37.951%                 1,100,000                 6,111       647,766      2,319        2,319       (171,621)      171,621
      Mar-06                      107            6,111        653,877       (446,123) 37.951%                 1,100,000                 6,111       653,877      2,319        2,319       (169,302)      169,302
      Apr-06                      108            6,111        659,988       (440,012) 37.951%                 1,100,000                 6,111       659,988      2,319        2,319       (166,982)      166,982
     May-06                       109            6,111        666,099       (433,901) 37.951%                 1,100,000                 6,111       666,099      2,319        2,319       (164,663)      164,663
      Jun-06                      110            6,111        672,210       (427,790) 37.951%                 1,100,000                 6,111       672,210      2,319        2,319       (162,344)      162,344
       Jul-06                     111            6,111        678,321       (421,679) 37.951%                 1,100,000                 6,111       678,321      2,319        2,319       (160,025)      160,025
      Aug-06                      112            6,111        684,432       (415,568) 37.951%                 1,100,000                 6,111       684,432      2,319        2,319       (157,706)      157,706
      Sep-06                      113            6,111        690,543       (409,457) 37.951%                 1,100,000                 6,111       690,543      2,319        2,319       (155,386)      155,386
      Oct-06                      114            6,111        696,654       (403,346) 37.951%                 1,100,000                 6,111       696,654      2,319        2,319       (153,067)      153,067
      Nov-06                      115            6,111        702,765       (397,235) 37.951%                 1,100,000                 6,111       702,765      2,319        2,319       (150,748)      150,748
      Dec-06                      116            6,111        708,876       (391,124) 37.951%                 1,100,000                 6,111       708,876      2,319        2,319       (148,429)      148,429
      Jan-07                      117            6,111        714,987       (385,013) 37.951%                 1,100,000                 6,111       714,987      2,319        2,319       (146,110)      146,110
      Feb-07                      118            6,111        721,098       (378,902) 37.951%                 1,100,000                 6,111       721,098      2,319        2,319       (143,790)      143,790
      Mar-07                      119            6,111        727,209       (372,791) 37.951%                 1,100,000                 6,111       727,209      2,319        2,319       (141,471)      141,471
      Apr-07                      120            6,111        733,320       (366,680) 37.951%                 1,100,000                 6,111       733,320      2,319        2,319       (139,152)      139,152
     May-07                       121            6,111        739,431       (360,569) 37.951%                 1,100,000                 6,111       739,431      2,319        2,319       (136,833)      136,833
      Jun-07                      122            6,111        745,542       (354,458) 37.951%                 1,100,000                 6,111       745,542      2,319        2,319       (134,514)      134,514
       Jul-07                     123            6,111        751,653       (348,347) 37.951%                 1,100,000                 6,111       751,653      2,319        2,319       (132,195)      132,195
      Aug-07                      124            6,111        757,764       (342,236) 37.951%                 1,100,000                 6,111       757,764      2,319        2,319       (129,875)      129,875
      Sep-07                      125            6,111        763,875       (336,125) 37.951%                 1,100,000                 6,111       763,875      2,319        2,319       (127,556)      127,556
      Oct-07                      126            6,111        769,986       (330,014) 37.951%                 1,100,000                 6,111       769,986      2,319        2,319       (125,237)      125,237
      Nov-07                      127            6,111        776,097       (323,903) 37.951%                 1,100,000                 6,111       776,097      2,319        2,319       (122,918)      122,918
      Dec-07                      128            6,111        782,208       (317,792) 37.951%                 1,100,000                 6,111       782,208      2,319        2,319       (120,599)      120,599
      Jan-08                      129            6,111        788,319       (311,681) 37.951%                 1,100,000                 6,111       788,319      2,319        2,319       (118,279)      118,279
      Feb-08                      130            6,111        794,430       (305,570) 37.951%                 1,100,000                 6,111       794,430      2,319        2,319       (115,960)      115,960
      Mar-08                      131            6,111        800,541       (299,459) 37.951%                 1,100,000                 6,111       800,541      2,319        2,319       (113,641)      113,641
      Apr-08                      132            6,111        806,652       (293,348) 37.951%                 1,100,000                 6,111       806,652      2,319        2,319       (111,322)      111,322
     May-08                       133            6,111        812,763       (287,237) 37.951%                 1,100,000                 6,111       812,763      2,319        2,319       (109,003)      109,003
      Jun-08                      134            6,111        818,874       (281,126) 37.951%                 1,100,000                 6,111       818,874      2,319        2,319       (106,684)      106,684
       Jul-08                     135            6,111        824,985       (275,015) 37.951%                 1,100,000                 6,111       824,985      2,319        2,319       (104,364)      104,364
      Aug-08                      136            6,111        831,096       (268,904) 37.951%                 1,100,000                 6,111       831,096      2,319        2,319       (102,045)      102,045
      Sep-08                      137            6,111        837,207       (262,793) 37.951%                 1,100,000                 6,111       837,207      2,319        2,319        (99,726)       99,726
      Oct-08                      138            6,111        843,318       (256,682) 37.951%                 1,100,000                 6,111       843,318      2,319        2,319        (97,407)       97,407
      Nov-08                      139            6,111        849,429       (250,571) 37.951%                 1,100,000                 6,111       849,429      2,319        2,319        (95,088)       95,088
      Dec-08                      140            6,111        855,540       (244,460) 37.951%                 1,100,000                 6,111       855,540      2,319        2,319        (92,768)       92,768
      Jan-09                      141            6,111        861,651       (238,349) 37.951%                 1,100,000                 6,111       861,651      2,319        2,319        (90,449)       90,449
      Feb-09                      142            6,111        867,762       (232,238) 37.951%                 1,100,000                 6,111       867,762      2,319        2,319        (88,130)       88,130
      Mar-09                      143            6,111        873,873       (226,127) 37.951%                 1,100,000                 6,111       873,873      2,319        2,319        (85,811)       85,811
      Apr-09                      144            6,111        879,984       (220,016) 37.951%                 1,100,000                 6,111       879,984      2,319        2,319        (83,492)       83,492
     May-09                       145            6,111        886,095       (213,905) 37.951%                 1,100,000                 6,111       886,095      2,319        2,319        (81,172)       81,172
      Jun-09                      146            6,111        892,206       (207,794) 37.951%                 1,100,000                 6,111       892,206      2,319        2,319        (78,853)       78,853
       Jul-09                     147            6,111        898,317       (201,683) 37.951%                 1,100,000                 6,111       898,317      2,319        2,319        (76,534)       76,534
      Aug-09                      148            6,111        904,428       (195,572) 37.951%                 1,100,000                 6,111       904,428      2,319        2,319        (74,215)       74,215
      Sep-09                      149            6,111        910,539       (189,461) 37.951%                 1,100,000                 6,111       910,539      2,319        2,319        (71,896)       71,896
      Oct-09                      150            6,111        916,650       (183,350) 37.951%                 1,100,000                 6,111       916,650      2,319        2,319        (69,577)       69,577
      Nov-09                      151            6,111        922,761       (177,239) 37.951%                 1,100,000                 6,111       922,761      2,319        2,319        (67,257)       67,257
      Dec-09                      152            6,111        928,872       (171,128) 37.951%                 1,100,000                 6,111       928,872      2,319        2,319        (64,938)       64,938
      Jan-10                      153            6,111        934,983       (165,017) 37.951%                 1,100,000                 6,111       934,983      2,319        2,319        (62,619)       62,619
      Feb-10                      154            6,111        941,094       (158,906) 37.951%                 1,100,000                 6,111       941,094      2,319        2,319        (60,300)       60,300
      Mar-10                      155            6,111        947,205       (152,795) 37.951%                 1,100,000                 6,111       947,205      2,319        2,319        (57,981)       57,981
      Apr-10                      156            6,111        953,316       (146,684) 37.951%                 1,100,000                 6,111       953,316      2,319        2,319        (55,661)       55,661
     May-10                       157            6,111        959,427       (140,573) 37.951%                 1,100,000                 6,111       959,427      2,319        2,319        (53,342)       53,342
      Jun-10                      158            6,111        965,538       (134,462) 37.951%                 1,100,000                 6,111       965,538      2,319        2,319        (51,023)       51,023


                                                                                                                                                May 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corp
     (A)            (B)         (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
       Jul-10                         159            6,111         971,649         (128,351) 37.951%                 1,100,000                   6,111         971,649       2,319         2,319        (48,704)       48,704
      Aug-10                          160            6,111         977,760         (122,240) 37.951%                 1,100,000                   6,111         977,760       2,319         2,319        (46,385)       46,385
      Sep-10                          161            6,111         983,871         (116,129) 37.951%                 1,100,000                   6,111         983,871       2,319         2,319        (44,066)       44,066
      Oct-10                          162            6,111         989,982         (110,018) 37.951%                 1,100,000                   6,111         989,982       2,319         2,319        (41,746)       41,746
      Nov-10                          163            6,111         996,093         (103,907) 37.951%                 1,100,000                   6,111         996,093       2,319         2,319        (39,427)       39,427
      Dec-10                          164            6,111       1,002,204          (97,796) 37.951%                 1,100,000                   6,111       1,002,204       2,319         2,319        (37,108)       37,108
      Jan-11                          165            6,111       1,008,315          (91,685) 37.951%                 1,100,000                   6,111       1,008,315       2,319         2,319        (34,789)       34,789
      Feb-11                          166            6,111       1,014,426          (85,574) 37.951%                 1,100,000                   6,111       1,014,426       2,319         2,319        (32,470)       32,470
      Mar-11                          167            6,111       1,020,537          (79,463) 37.951%                 1,100,000                   6,111       1,020,537       2,319         2,319        (30,150)       30,150
      Apr-11                          168            6,111       1,026,648          (73,352) 37.951%                 1,100,000                   6,111       1,026,648       2,319         2,319        (27,831)       27,831
     May-11                           169            6,111       1,032,759          (67,241) 37.951%                 1,100,000                   6,111       1,032,759       2,319         2,319        (25,512)       25,512
      Jun-11                          170            6,111       1,038,870          (61,130) 37.951%                 1,100,000                   6,111       1,038,870       2,319         2,319        (23,193)       23,193
       Jul-11                         171            6,111       1,044,981          (55,019) 37.951%                 1,100,000                   6,111       1,044,981       2,319         2,319        (20,874)       20,874
      Aug-11                          172            6,111       1,051,092          (48,908) 37.951%                 1,100,000                   6,111       1,051,092       2,319         2,319        (18,554)       18,554
      Sep-11                          173            6,111       1,057,203          (42,797) 37.951%                 1,100,000                   6,111       1,057,203       2,319         2,319        (16,235)       16,235
      Oct-11                          174            6,111       1,063,314          (36,686) 37.951%                 1,100,000                   6,111       1,063,314       2,319         2,319        (13,916)       13,916
      Nov-11                          175            6,111       1,069,425          (30,575) 37.951%                 1,100,000                   6,111       1,069,425       2,319         2,319        (11,597)       11,597
      Dec-11                          176            6,111       1,075,536          (24,464) 37.951%                 1,100,000                   6,111       1,075,536       2,319         2,319         (9,278)        9,278
      Jan-12                          177            6,111       1,081,647          (18,353) 37.951%                 1,100,000                   6,111       1,081,647       2,319         2,319         (6,959)        6,959
      Feb-12                          178            6,111       1,087,758          (12,242) 37.951%                 1,100,000                   6,111       1,087,758       2,319         2,319         (4,639)        4,639
      Mar-12                          179            6,111       1,093,869           (6,131) 37.951%                 1,100,000                   6,111       1,093,869       2,319         2,319         (2,320)        2,320
      Apr-12                          180            6,131       1,100,000                0 37.951%                  1,100,000                   6,131       1,100,000       2,327         2,327              7            (7)

        Totals         (1,100,000)              1,100,000                                              1,100,000                   417,450    1,100,000                    417,457            7     (37,362,095)     37,362,095

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                          May 1997
SO2 Allowance Sales Gain - Amortization Schedule
Duke and AIG Trading Corp.
     (A)              (B)       (C)         (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)         (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                    (K)*(G)     (M)-(J)
                                                                                                                                                                           D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain    Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Jun-97        (2,182,250)   1           12,124           12,124     (2,170,126) 37.950% 2,182,250       2,182,250   828,164      12,124        12,124      4,601    (823,563)       (823,563)      823,563   1,830,724    1,976,212    145,488    Amortization For The Test Period
       Jul-97                     2           12,124           24,248     (2,158,002) 37.950%                 2,182,250                12,124        24,248      4,601        4,601       (818,962)      818,962    (133,394)     (78,180)    55,214    D.I.T. Expense For the Test Period
      Aug-97                      3           12,124           36,372     (2,145,878) 37.950%                 2,182,250                12,124        36,372      4,601        4,601       (814,361)      814,361     133,394       78,180    105,787    Average Deferred Tax Reserve Balance
      Sep-97                      4           12,124           48,496     (2,133,754) 37.950%                 2,182,250                12,124        48,496      4,601        4,601       (809,760)      809,760
      Oct-97                      5           12,124           60,620     (2,121,630) 37.950%                 2,182,250                12,124        60,620      4,601        4,601       (805,159)      805,159   2,182,250    2,182,250          0    Tax Gain (SCHMAT) For The Test Period
      Nov-97                      6           12,124           72,744     (2,109,506) 37.950%                 2,182,250                12,124        72,744      4,601        4,601       (800,558)      800,558   1,830,724    1,976,212    145,488    Realized Book Gain (SCHMDT) For The Test Period
      Dec-97                      7           12,124           84,868     (2,097,382) 37.950%                 2,182,250                12,124        84,868      4,601        4,601       (795,956)      795,956
      Jan-98                      8           12,124           96,992     (2,085,258) 37.950%                 2,182,250                12,124        96,992      4,601        4,601       (791,355)      791,355
      Feb-98                      9           12,124         109,116      (2,073,134) 37.950%                 2,182,250                12,124       109,116      4,601        4,601       (786,754)      786,754
      Mar-98                      10          12,124         121,240      (2,061,010) 37.950%                 2,182,250                12,124       121,240      4,601        4,601       (782,153)      782,153
      Apr-98                      11          12,124         133,364      (2,048,886) 37.950%                 2,182,250                12,124       133,364      4,601        4,601       (777,552)      777,552
     May-98                       12          12,124         145,488      (2,036,762) 37.950%                 2,182,250                12,124       145,488      4,601        4,601       (772,951)      772,951
      Jun-98                      13          12,124         157,612      (2,024,638) 37.950%                 2,182,250                12,124       157,612      4,601        4,601       (768,350)      768,350
       Jul-98                     14          12,124         169,736      (2,012,514) 37.950%                 2,182,250                12,124       169,736      4,601        4,601       (763,749)      763,749
      Aug-98                      15          12,124         181,860      (2,000,390) 37.950%                 2,182,250                12,124       181,860      4,601        4,601       (759,148)      759,148
      Sep-98                      16          12,124         193,984      (1,988,266) 37.950%                 2,182,250                12,124       193,984      4,601        4,601       (754,547)      754,547
      Oct-98                      17          12,124         206,108      (1,976,142) 37.950%                 2,182,250                12,124       206,108      4,601        4,601       (749,946)      749,946
      Nov-98                      18          12,124         218,232      (1,964,018) 37.950%                 2,182,250                12,124       218,232      4,601        4,601       (745,345)      745,345
      Dec-98                      19          12,124         230,356      (1,951,894) 37.950%                 2,182,250                12,124       230,356      4,601        4,601       (740,744)      740,744
      Jan-99                      20          12,124         242,480      (1,939,770) 37.950%                 2,182,250                12,124       242,480      4,601        4,601       (736,143)      736,143
      Feb-99                      21          12,124         254,604      (1,927,646) 37.950%                 2,182,250                12,124       254,604      4,601        4,601       (731,542)      731,542
      Mar-99                      22          12,124         266,728      (1,915,522) 37.950%                 2,182,250                12,124       266,728      4,601        4,601       (726,941)      726,941
      Apr-99                      23          12,124         278,852      (1,903,398) 37.950%                 2,182,250                12,124       278,852      4,601        4,601       (722,340)      722,340
     May-99                       24          12,124         290,976      (1,891,274) 37.950%                 2,182,250                12,124       290,976      4,601        4,601       (717,738)      717,738
      Jun-99                      25          12,124         303,100      (1,879,150) 37.950%                 2,182,250                12,124       303,100      4,601        4,601       (713,137)      713,137
       Jul-99                     26          12,124         315,224      (1,867,026) 37.950%                 2,182,250                12,124       315,224      4,601        4,601       (708,536)      708,536
      Aug-99                      27          12,124         327,348      (1,854,902) 37.950%                 2,182,250                12,124       327,348      4,601        4,601       (703,935)      703,935
      Sep-99                      28          12,124         339,472      (1,842,778) 37.950%                 2,182,250                12,124       339,472      4,601        4,601       (699,334)      699,334
      Oct-99                      29          12,124         351,596      (1,830,654) 37.950%                 2,182,250                12,124       351,596      4,601        4,601       (694,733)      694,733
      Nov-99                      30          12,124         363,720      (1,818,530) 37.950%                 2,182,250                12,124       363,720      4,601        4,601       (690,132)      690,132
      Dec-99                      31          12,124         375,844      (1,806,406) 37.950%                 2,182,250                12,124       375,844      4,601        4,601       (685,531)      685,531
      Jan-00                      32          12,124         387,968      (1,794,282) 37.950%                 2,182,250                12,124       387,968      4,601        4,601       (680,930)      680,930
      Feb-00                      33          12,124         400,092      (1,782,158) 37.950%                 2,182,250                12,124       400,092      4,601        4,601       (676,329)      676,329
      Mar-00                      34          12,124         412,216      (1,770,034) 37.950%                 2,182,250                12,124       412,216      4,601        4,601       (671,728)      671,728
      Apr-00                      35          12,124         424,340      (1,757,910) 37.950%                 2,182,250                12,124       424,340      4,601        4,601       (667,127)      667,127
     May-00                       36          12,124         436,464      (1,745,786) 37.950%                 2,182,250                12,124       436,464      4,601        4,601       (662,526)      662,526
      Jun-00                      37          12,124         448,588      (1,733,662) 37.950%                 2,182,250                12,124       448,588      4,601        4,601       (657,925)      657,925
       Jul-00                     38          12,124         460,712      (1,721,538) 37.950%                 2,182,250                12,124       460,712      4,601        4,601       (653,324)      653,324
      Aug-00                      39          12,124         472,836      (1,709,414) 37.950%                 2,182,250                12,124       472,836      4,601        4,601       (648,723)      648,723
      Sep-00                      40          12,124         484,960      (1,697,290) 37.950%                 2,182,250                12,124       484,960      4,601        4,601       (644,122)      644,122
      Oct-00                      41          12,124         497,084      (1,685,166) 37.950%                 2,182,250                12,124       497,084      4,601        4,601       (639,520)      639,520
      Nov-00                      42          12,124         509,208      (1,673,042) 37.950%                 2,182,250                12,124       509,208      4,601        4,601       (634,919)      634,919
      Dec-00                      43          12,124         521,332      (1,660,918) 37.950%                 2,182,250                12,124       521,332      4,601        4,601       (630,318)      630,318
      Jan-01                      44          12,124         533,456      (1,648,794) 37.950%                 2,182,250                12,124       533,456      4,601        4,601       (625,717)      625,717
      Feb-01                      45          12,124         545,580      (1,636,670) 37.950%                 2,182,250                12,124       545,580      4,601        4,601       (621,116)      621,116
      Mar-01                      46          12,124         557,704      (1,624,546) 37.950%                 2,182,250                12,124       557,704      4,601        4,601       (616,515)      616,515
      Apr-01                      47          12,124         569,828      (1,612,422) 37.950%                 2,182,250                12,124       569,828      4,601        4,601       (611,914)      611,914
     May-01                       48          12,124         581,952      (1,600,298) 37.950%                 2,182,250                12,124       581,952      4,601        4,601       (607,313)      607,313
      Jun-01                      49          12,124         594,076      (1,588,174) 37.950%                 2,182,250                12,124       594,076      4,601        4,601       (602,712)      602,712
       Jul-01                     50          12,124         606,200      (1,576,050) 37.950%                 2,182,250                12,124       606,200      4,601        4,601       (598,111)      598,111
      Aug-01                      51          12,124         618,324      (1,563,926) 37.950%                 2,182,250                12,124       618,324      4,601        4,601       (593,510)      593,510
      Sep-01                      52          12,124         630,448      (1,551,802) 37.950%                 2,182,250                12,124       630,448      4,601        4,601       (588,909)      588,909
      Oct-01                      53          12,124         642,572      (1,539,678) 37.950%                 2,182,250                12,124       642,572      4,601        4,601       (584,308)      584,308
      Nov-01                      54          12,124         654,696      (1,527,554) 37.950%                 2,182,250                12,124       654,696      4,601        4,601       (579,707)      579,707
      Dec-01                      55          12,124         666,820      (1,515,430) 37.950%                 2,182,250                12,124       666,820      4,601        4,601       (575,106)      575,106
      Jan-02                      56          12,124         678,944      (1,503,306) 37.950%                 2,182,250                12,124       678,944      4,601        4,601       (570,505)      570,505
      Feb-02                      57          12,124         691,068      (1,491,182) 37.950%                 2,182,250                12,124       691,068      4,601        4,601       (565,904)      565,904
      Mar-02                      58          12,124         703,192      (1,479,058) 37.950%                 2,182,250                12,124       703,192      4,601        4,601       (561,303)      561,303
      Apr-02                      59          12,124         715,316      (1,466,934) 37.950%                 2,182,250                12,124       715,316      4,601        4,601       (556,701)      556,701
     May-02                       60          12,124         727,440      (1,454,810) 37.950%                 2,182,250                12,124       727,440      4,601        4,601       (552,100)      552,100
      Jun-02                      61          12,124         739,564      (1,442,686) 37.950%                 2,182,250                12,124       739,564      4,601        4,601       (547,499)      547,499
       Jul-02                     62          12,124         751,688      (1,430,562) 37.950%                 2,182,250                12,124       751,688      4,601        4,601       (542,898)      542,898
      Aug-02                      63          12,124         763,812      (1,418,438) 37.950%                 2,182,250                12,124       763,812      4,601        4,601       (538,297)      538,297
      Sep-02                      64          12,124         775,936      (1,406,314) 37.950%                 2,182,250                12,124       775,936      4,601        4,601       (533,696)      533,696
      Oct-02                      65          12,124         788,060      (1,394,190) 37.950%                 2,182,250                12,124       788,060      4,601        4,601       (529,095)      529,095
      Nov-02                      66          12,124         800,184      (1,382,066) 37.950%                 2,182,250                12,124       800,184      4,601        4,601       (524,494)      524,494
      Dec-02                      67          12,124         812,308      (1,369,942) 37.950%                 2,182,250                12,124       812,308      4,601        4,601       (519,893)      519,893
      Jan-03                      68          12,124         824,432      (1,357,818) 37.950%                 2,182,250                12,124       824,432      4,601        4,601       (515,292)      515,292
      Feb-03                      69          12,124         836,556      (1,345,694) 37.950%                 2,182,250                12,124       836,556      4,601        4,601       (510,691)      510,691
      Mar-03                      70          12,124         848,680      (1,333,570) 37.950%                 2,182,250                12,124       848,680      4,601        4,601       (506,090)      506,090
      Apr-03                      71          12,124         860,804      (1,321,446) 37.950%                 2,182,250                12,124       860,804      4,601        4,601       (501,489)      501,489
     May-03                       72          12,124         872,928      (1,309,322) 37.951%                 2,182,250                12,124       872,928      4,601        4,601       (496,888)      496,888
      Jun-03                      73          12,124         885,052      (1,297,198) 37.951%                 2,182,250                12,124       885,052      4,601        4,601       (492,286)      492,286
       Jul-03                     74          12,124         897,176      (1,285,074) 37.951%                 2,182,250                12,124       897,176      4,601        4,601       (487,685)      487,685
      Aug-03                      75          12,124         909,300      (1,272,950) 37.951%                 2,182,250                12,124       909,300      4,601        4,601       (483,084)      483,084
      Sep-03                      76          12,124         921,424      (1,260,826) 37.951%                 2,182,250                12,124       921,424      4,601        4,601       (478,483)      478,483
      Oct-03                      77          12,124         933,548      (1,248,702) 37.951%                 2,182,250                12,124       933,548      4,601        4,601       (473,882)      473,882
      Nov-03                      78          12,124         945,672      (1,236,578) 37.951%                 2,182,250                12,124       945,672      4,601        4,601       (469,281)      469,281
      Dec-03                      79          12,124         957,796      (1,224,454) 37.951%                 2,182,250                12,124       957,796      4,601        4,601       (464,679)      464,679


                                                                                                                                                Jun 1997
SO2 Allowance Sales Gain - Amortization Schedule
Duke and AIG Trading Corp.
     (A)              (B)       (C)         (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Jan-04                       80          12,124          969,920     (1,212,330) 37.951%                 2,182,250                12,124        969,920      4,601        4,601       (460,078)      460,078
      Feb-04                       81          12,124          982,044     (1,200,206) 37.951%                 2,182,250                12,124        982,044      4,601        4,601       (455,477)      455,477
      Mar-04                       82          12,124          994,168     (1,188,082) 37.951%                 2,182,250                12,124        994,168      4,601        4,601       (450,876)      450,876
      Apr-04                       83          12,124        1,006,292     (1,175,958) 37.951%                 2,182,250                12,124      1,006,292      4,601        4,601       (446,275)      446,275
     May-04                        84          12,124        1,018,416     (1,163,834) 37.951%                 2,182,250                12,124      1,018,416      4,601        4,601       (441,673)      441,673
      Jun-04                       85          12,124        1,030,540     (1,151,710) 37.951%                 2,182,250                12,124      1,030,540      4,601        4,601       (437,072)      437,072
       Jul-04                      86          12,124        1,042,664     (1,139,586) 37.951%                 2,182,250                12,124      1,042,664      4,601        4,601       (432,471)      432,471
      Aug-04                       87          12,124        1,054,788     (1,127,462) 37.951%                 2,182,250                12,124      1,054,788      4,601        4,601       (427,870)      427,870
      Sep-04                       88          12,124        1,066,912     (1,115,338) 37.951%                 2,182,250                12,124      1,066,912      4,601        4,601       (423,269)      423,269
      Oct-04                       89          12,124        1,079,036     (1,103,214) 37.951%                 2,182,250                12,124      1,079,036      4,601        4,601       (418,668)      418,668
      Nov-04                       90          12,124        1,091,160     (1,091,090) 37.951%                 2,182,250                12,124      1,091,160      4,601        4,601       (414,066)      414,066
      Dec-04                       91          12,124        1,103,284     (1,078,966) 37.951%                 2,182,250                12,124      1,103,284      4,601        4,601       (409,465)      409,465
      Jan-05                       92          12,124        1,115,408     (1,066,842) 37.951%                 2,182,250                12,124      1,115,408      4,601        4,601       (404,864)      404,864
      Feb-05                       93          12,124        1,127,532     (1,054,718) 37.951%                 2,182,250                12,124      1,127,532      4,601        4,601       (400,263)      400,263
      Mar-05                       94          12,124        1,139,656     (1,042,594) 37.951%                 2,182,250                12,124      1,139,656      4,601        4,601       (395,662)      395,662
      Apr-05                       95          12,124        1,151,780     (1,030,470) 37.951%                 2,182,250                12,124      1,151,780      4,601        4,601       (391,060)      391,060
     May-05                        96          12,124        1,163,904     (1,018,346) 37.951%                 2,182,250                12,124      1,163,904      4,601        4,601       (386,459)      386,459
      Jun-05                       97          12,124        1,176,028     (1,006,222) 37.951%                 2,182,250                12,124      1,176,028      4,601        4,601       (381,858)      381,858
       Jul-05                      98          12,124        1,188,152       (994,098) 37.951%                 2,182,250                12,124      1,188,152      4,601        4,601       (377,257)      377,257
      Aug-05                       99          12,124        1,200,276       (981,974) 37.951%                 2,182,250                12,124      1,200,276      4,601        4,601       (372,656)      372,656
      Sep-05                      100          12,124        1,212,400       (969,850) 37.951%                 2,182,250                12,124      1,212,400      4,601        4,601       (368,055)      368,055
      Oct-05                      101          12,124        1,224,524       (957,726) 37.951%                 2,182,250                12,124      1,224,524      4,601        4,601       (363,453)      363,453
      Nov-05                      102          12,124        1,236,648       (945,602) 37.951%                 2,182,250                12,124      1,236,648      4,601        4,601       (358,852)      358,852
      Dec-05                      103          12,124        1,248,772       (933,478) 37.951%                 2,182,250                12,124      1,248,772      4,601        4,601       (354,251)      354,251
      Jan-06                      104          12,124        1,260,896       (921,354) 37.951%                 2,182,250                12,124      1,260,896      4,601        4,601       (349,650)      349,650
      Feb-06                      105          12,124        1,273,020       (909,230) 37.951%                 2,182,250                12,124      1,273,020      4,601        4,601       (345,049)      345,049
      Mar-06                      106          12,124        1,285,144       (897,106) 37.951%                 2,182,250                12,124      1,285,144      4,601        4,601       (340,447)      340,447
      Apr-06                      107          12,124        1,297,268       (884,982) 37.951%                 2,182,250                12,124      1,297,268      4,601        4,601       (335,846)      335,846
     May-06                       108          12,124        1,309,392       (872,858) 37.951%                 2,182,250                12,124      1,309,392      4,601        4,601       (331,245)      331,245
      Jun-06                      109          12,124        1,321,516       (860,734) 37.951%                 2,182,250                12,124      1,321,516      4,601        4,601       (326,644)      326,644
       Jul-06                     110          12,124        1,333,640       (848,610) 37.951%                 2,182,250                12,124      1,333,640      4,601        4,601       (322,043)      322,043
      Aug-06                      111          12,124        1,345,764       (836,486) 37.951%                 2,182,250                12,124      1,345,764      4,601        4,601       (317,442)      317,442
      Sep-06                      112          12,124        1,357,888       (824,362) 37.951%                 2,182,250                12,124      1,357,888      4,601        4,601       (312,840)      312,840
      Oct-06                      113          12,124        1,370,012       (812,238) 37.951%                 2,182,250                12,124      1,370,012      4,601        4,601       (308,239)      308,239
      Nov-06                      114          12,124        1,382,136       (800,114) 37.951%                 2,182,250                12,124      1,382,136      4,601        4,601       (303,638)      303,638
      Dec-06                      115          12,124        1,394,260       (787,990) 37.951%                 2,182,250                12,124      1,394,260      4,601        4,601       (299,037)      299,037
      Jan-07                      116          12,124        1,406,384       (775,866) 37.951%                 2,182,250                12,124      1,406,384      4,601        4,601       (294,436)      294,436
      Feb-07                      117          12,124        1,418,508       (763,742) 37.951%                 2,182,250                12,124      1,418,508      4,601        4,601       (289,835)      289,835
      Mar-07                      118          12,124        1,430,632       (751,618) 37.951%                 2,182,250                12,124      1,430,632      4,601        4,601       (285,233)      285,233
      Apr-07                      119          12,124        1,442,756       (739,494) 37.951%                 2,182,250                12,124      1,442,756      4,601        4,601       (280,632)      280,632
     May-07                       120          12,124        1,454,880       (727,370) 37.951%                 2,182,250                12,124      1,454,880      4,601        4,601       (276,031)      276,031
      Jun-07                      121          12,124        1,467,004       (715,246) 37.951%                 2,182,250                12,124      1,467,004      4,601        4,601       (271,430)      271,430
       Jul-07                     122          12,124        1,479,128       (703,122) 37.951%                 2,182,250                12,124      1,479,128      4,601        4,601       (266,829)      266,829
      Aug-07                      123          12,124        1,491,252       (690,998) 37.951%                 2,182,250                12,124      1,491,252      4,601        4,601       (262,227)      262,227
      Sep-07                      124          12,124        1,503,376       (678,874) 37.951%                 2,182,250                12,124      1,503,376      4,601        4,601       (257,626)      257,626
      Oct-07                      125          12,124        1,515,500       (666,750) 37.951%                 2,182,250                12,124      1,515,500      4,601        4,601       (253,025)      253,025
      Nov-07                      126          12,124        1,527,624       (654,626) 37.951%                 2,182,250                12,124      1,527,624      4,601        4,601       (248,424)      248,424
      Dec-07                      127          12,124        1,539,748       (642,502) 37.951%                 2,182,250                12,124      1,539,748      4,601        4,601       (243,823)      243,823
      Jan-08                      128          12,124        1,551,872       (630,378) 37.951%                 2,182,250                12,124      1,551,872      4,601        4,601       (239,222)      239,222
      Feb-08                      129          12,124        1,563,996       (618,254) 37.951%                 2,182,250                12,124      1,563,996      4,601        4,601       (234,620)      234,620
      Mar-08                      130          12,124        1,576,120       (606,130) 37.951%                 2,182,250                12,124      1,576,120      4,601        4,601       (230,019)      230,019
      Apr-08                      131          12,124        1,588,244       (594,006) 37.951%                 2,182,250                12,124      1,588,244      4,601        4,601       (225,418)      225,418
     May-08                       132          12,124        1,600,368       (581,882) 37.951%                 2,182,250                12,124      1,600,368      4,601        4,601       (220,817)      220,817
      Jun-08                      133          12,124        1,612,492       (569,758) 37.951%                 2,182,250                12,124      1,612,492      4,601        4,601       (216,216)      216,216
       Jul-08                     134          12,124        1,624,616       (557,634) 37.951%                 2,182,250                12,124      1,624,616      4,601        4,601       (211,614)      211,614
      Aug-08                      135          12,124        1,636,740       (545,510) 37.951%                 2,182,250                12,124      1,636,740      4,601        4,601       (207,013)      207,013
      Sep-08                      136          12,124        1,648,864       (533,386) 37.951%                 2,182,250                12,124      1,648,864      4,601        4,601       (202,412)      202,412
      Oct-08                      137          12,124        1,660,988       (521,262) 37.951%                 2,182,250                12,124      1,660,988      4,601        4,601       (197,811)      197,811
      Nov-08                      138          12,124        1,673,112       (509,138) 37.951%                 2,182,250                12,124      1,673,112      4,601        4,601       (193,210)      193,210
      Dec-08                      139          12,124        1,685,236       (497,014) 37.951%                 2,182,250                12,124      1,685,236      4,601        4,601       (188,609)      188,609
      Jan-09                      140          12,124        1,697,360       (484,890) 37.951%                 2,182,250                12,124      1,697,360      4,601        4,601       (184,007)      184,007
      Feb-09                      141          12,124        1,709,484       (472,766) 37.951%                 2,182,250                12,124      1,709,484      4,601        4,601       (179,406)      179,406
      Mar-09                      142          12,124        1,721,608       (460,642) 37.951%                 2,182,250                12,124      1,721,608      4,601        4,601       (174,805)      174,805
      Apr-09                      143          12,124        1,733,732       (448,518) 37.951%                 2,182,250                12,124      1,733,732      4,601        4,601       (170,204)      170,204
     May-09                       144          12,124        1,745,856       (436,394) 37.951%                 2,182,250                12,124      1,745,856      4,601        4,601       (165,603)      165,603
      Jun-09                      145          12,124        1,757,980       (424,270) 37.951%                 2,182,250                12,124      1,757,980      4,601        4,601       (161,001)      161,001
       Jul-09                     146          12,124        1,770,104       (412,146) 37.951%                 2,182,250                12,124      1,770,104      4,601        4,601       (156,400)      156,400
      Aug-09                      147          12,124        1,782,228       (400,022) 37.951%                 2,182,250                12,124      1,782,228      4,601        4,601       (151,799)      151,799
      Sep-09                      148          12,124        1,794,352       (387,898) 37.951%                 2,182,250                12,124      1,794,352      4,601        4,601       (147,198)      147,198
      Oct-09                      149          12,124        1,806,476       (375,774) 37.951%                 2,182,250                12,124      1,806,476      4,601        4,601       (142,597)      142,597
      Nov-09                      150          12,124        1,818,600       (363,650) 37.951%                 2,182,250                12,124      1,818,600      4,601        4,601       (137,996)      137,996
      Dec-09                      151          12,124        1,830,724       (351,526) 37.951%                 2,182,250                12,124      1,830,724      4,601        4,601       (133,394)      133,394
      Jan-10                      152          12,124        1,842,848       (339,402) 37.951%                 2,182,250                12,124      1,842,848      4,601        4,601       (128,793)      128,793
      Feb-10                      153          12,124        1,854,972       (327,278) 37.951%                 2,182,250                12,124      1,854,972      4,601        4,601       (124,192)      124,192
      Mar-10                      154          12,124        1,867,096       (315,154) 37.951%                 2,182,250                12,124      1,867,096      4,601        4,601       (119,591)      119,591
      Apr-10                      155          12,124        1,879,220       (303,030) 37.951%                 2,182,250                12,124      1,879,220      4,601        4,601       (114,990)      114,990
     May-10                       156          12,124        1,891,344       (290,906) 37.951%                 2,182,250                12,124      1,891,344      4,601        4,601       (110,389)      110,389
      Jun-10                      157          12,124        1,903,468       (278,782) 37.951%                 2,182,250                12,124      1,903,468      4,601        4,601       (105,787)      105,787
       Jul-10                     158          12,124        1,915,592       (266,658) 37.951%                 2,182,250                12,124      1,915,592      4,601        4,601       (101,186)      101,186


                                                                                                                                                  Jun 1997
SO2 Allowance Sales Gain - Amortization Schedule
Duke and AIG Trading Corp.
     (A)              (B)       (C)         (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Aug-10                          159          12,124        1,927,716         (254,534) 37.951%                 2,182,250                  12,124       1,927,716       4,601         4,601        (96,585)       96,585
      Sep-10                          160          12,124        1,939,840         (242,410) 37.951%                 2,182,250                  12,124       1,939,840       4,601         4,601        (91,984)       91,984
      Oct-10                          161          12,124        1,951,964         (230,286) 37.951%                 2,182,250                  12,124       1,951,964       4,601         4,601        (87,383)       87,383
      Nov-10                          162          12,124        1,964,088         (218,162) 37.951%                 2,182,250                  12,124       1,964,088       4,601         4,601        (82,781)       82,781
      Dec-10                          163          12,124        1,976,212         (206,038) 37.951%                 2,182,250                  12,124       1,976,212       4,601         4,601        (78,180)       78,180
      Jan-11                          164          12,124        1,988,336         (193,914) 37.951%                 2,182,250                  12,124       1,988,336       4,601         4,601        (73,579)       73,579
      Feb-11                          165          12,124        2,000,460         (181,790) 37.951%                 2,182,250                  12,124       2,000,460       4,601         4,601        (68,978)       68,978
      Mar-11                          166          12,124        2,012,584         (169,666) 37.951%                 2,182,250                  12,124       2,012,584       4,601         4,601        (64,377)       64,377
      Apr-11                          167          12,124        2,024,708         (157,542) 37.951%                 2,182,250                  12,124       2,024,708       4,601         4,601        (59,776)       59,776
     May-11                           168          12,124        2,036,832         (145,418) 37.951%                 2,182,250                  12,124       2,036,832       4,601         4,601        (55,174)       55,174
      Jun-11                          169          12,124        2,048,956         (133,294) 37.951%                 2,182,250                  12,124       2,048,956       4,601         4,601        (50,573)       50,573
       Jul-11                         170          12,124        2,061,080         (121,170) 37.951%                 2,182,250                  12,124       2,061,080       4,601         4,601        (45,972)       45,972
      Aug-11                          171          12,124        2,073,204         (109,046) 37.951%                 2,182,250                  12,124       2,073,204       4,601         4,601        (41,371)       41,371
      Sep-11                          172          12,124        2,085,328          (96,922) 37.951%                 2,182,250                  12,124       2,085,328       4,601         4,601        (36,770)       36,770
      Oct-11                          173          12,124        2,097,452          (84,798) 37.951%                 2,182,250                  12,124       2,097,452       4,601         4,601        (32,168)       32,168
      Nov-11                          174          12,124        2,109,576          (72,674) 37.951%                 2,182,250                  12,124       2,109,576       4,601         4,601        (27,567)       27,567
      Dec-11                          175          12,124        2,121,700          (60,550) 37.951%                 2,182,250                  12,124       2,121,700       4,601         4,601        (22,966)       22,966
      Jan-12                          176          12,124        2,133,824          (48,426) 37.951%                 2,182,250                  12,124       2,133,824       4,601         4,601        (18,365)       18,365
      Feb-12                          177          12,124        2,145,948          (36,302) 37.951%                 2,182,250                  12,124       2,145,948       4,601         4,601        (13,764)       13,764
      Mar-12                          178          12,124        2,158,072          (24,178) 37.951%                 2,182,250                  12,124       2,158,072       4,601         4,601         (9,163)        9,163
      Apr-12                          179          12,124        2,170,196          (12,054) 37.951%                 2,182,250                  12,124       2,170,196       4,601         4,601         (4,561)        4,561
     May-12                           180          12,054        2,182,250                0 37.951%                  2,182,250                  12,054       2,182,250       4,575         4,575             13           (13)

        Totals         (2,182,250)              2,182,250                                              2,182,250                   828,164    2,182,250                    828,177           13     (74,117,562)     74,117,562

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Jun 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corporation and Enron
     (A)               (B)        (C)       (D)             (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]       (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                           Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve        Dec-09       Dec-10      Total
       Jul-97       (1,175,500)   1             6,531           6,531     (1,168,969) 37.950% 1,175,500       1,175,500   446,102       6,531          6,531      2,479    (443,624)       (443,624)      443,624    979,650    1,058,022    78,372    Amortization For The Test Period
      Aug-97                      2             6,531          13,062     (1,162,438) 37.950%                 1,175,500                 6,531        13,062       2,479        2,479       (441,145)      441,145    (74,320)     (44,577)   29,743    D.I.T. Expense For the Test Period
      Sep-97                      3             6,531          19,593     (1,155,907) 37.950%                 1,175,500                 6,531        19,593       2,479        2,479       (438,667)      438,667     74,320       44,577    59,448    Average Deferred Tax Reserve Balance
      Oct-97                      4             6,531          26,124     (1,149,376) 37.950%                 1,175,500                 6,531        26,124       2,479        2,479       (436,188)      436,188
      Nov-97                      5             6,531          32,655     (1,142,845) 37.950%                 1,175,500                 6,531        32,655       2,479        2,479       (433,710)      433,710   1,175,500   1,175,500         0    Tax Gain (SCHMAT) For The Test Period
      Dec-97                      6             6,531          39,186     (1,136,314) 37.950%                 1,175,500                 6,531        39,186       2,479        2,479       (431,231)      431,231     979,650   1,058,022    78,372    Realized Book Gain (SCHMDT) For The Test Period
      Jan-98                      7             6,531          45,717     (1,129,783) 37.950%                 1,175,500                 6,531        45,717       2,479        2,479       (428,753)      428,753
      Feb-98                      8             6,531          52,248     (1,123,252) 37.950%                 1,175,500                 6,531        52,248       2,479        2,479       (426,274)      426,274
      Mar-98                      9             6,531          58,779     (1,116,721) 37.950%                 1,175,500                 6,531        58,779       2,479        2,479       (423,796)      423,796
      Apr-98                      10            6,531          65,310     (1,110,190) 37.950%                 1,175,500                 6,531        65,310       2,479        2,479       (421,317)      421,317
     May-98                       11            6,531          71,841     (1,103,659) 37.950%                 1,175,500                 6,531        71,841       2,479        2,479       (418,839)      418,839
      Jun-98                      12            6,531          78,372     (1,097,128) 37.950%                 1,175,500                 6,531        78,372       2,479        2,479       (416,360)      416,360
       Jul-98                     13            6,531          84,903     (1,090,597) 37.950%                 1,175,500                 6,531        84,903       2,479        2,479       (413,882)      413,882
      Aug-98                      14            6,531          91,434     (1,084,066) 37.950%                 1,175,500                 6,531        91,434       2,479        2,479       (411,403)      411,403
      Sep-98                      15            6,531          97,965     (1,077,535) 37.950%                 1,175,500                 6,531        97,965       2,479        2,479       (408,925)      408,925
      Oct-98                      16            6,531        104,496      (1,071,004) 37.950%                 1,175,500                 6,531       104,496       2,479        2,479       (406,446)      406,446
      Nov-98                      17            6,531        111,027      (1,064,473) 37.950%                 1,175,500                 6,531       111,027       2,479        2,479       (403,968)      403,968
      Dec-98                      18            6,531        117,558      (1,057,942) 37.950%                 1,175,500                 6,531       117,558       2,479        2,479       (401,489)      401,489
      Jan-99                      19            6,531        124,089      (1,051,411) 37.950%                 1,175,500                 6,531       124,089       2,479        2,479       (399,010)      399,010
      Feb-99                      20            6,531        130,620      (1,044,880) 37.950%                 1,175,500                 6,531       130,620       2,479        2,479       (396,532)      396,532
      Mar-99                      21            6,531        137,151      (1,038,349) 37.950%                 1,175,500                 6,531       137,151       2,479        2,479       (394,053)      394,053
      Apr-99                      22            6,531        143,682      (1,031,818) 37.950%                 1,175,500                 6,531       143,682       2,479        2,479       (391,575)      391,575
     May-99                       23            6,531        150,213      (1,025,287) 37.950%                 1,175,500                 6,531       150,213       2,479        2,479       (389,096)      389,096
      Jun-99                      24            6,531        156,744      (1,018,756) 37.950%                 1,175,500                 6,531       156,744       2,479        2,479       (386,618)      386,618
       Jul-99                     25            6,531        163,275      (1,012,225) 37.950%                 1,175,500                 6,531       163,275       2,479        2,479       (384,139)      384,139
      Aug-99                      26            6,531        169,806      (1,005,694) 37.950%                 1,175,500                 6,531       169,806       2,479        2,479       (381,661)      381,661
      Sep-99                      27            6,531        176,337        (999,163) 37.950%                 1,175,500                 6,531       176,337       2,479        2,479       (379,182)      379,182
      Oct-99                      28            6,531        182,868        (992,632) 37.950%                 1,175,500                 6,531       182,868       2,479        2,479       (376,704)      376,704
      Nov-99                      29            6,531        189,399        (986,101) 37.950%                 1,175,500                 6,531       189,399       2,479        2,479       (374,225)      374,225
      Dec-99                      30            6,531        195,930        (979,570) 37.950%                 1,175,500                 6,531       195,930       2,479        2,479       (371,747)      371,747
      Jan-00                      31            6,531        202,461        (973,039) 37.950%                 1,175,500                 6,531       202,461       2,479        2,479       (369,268)      369,268
      Feb-00                      32            6,531        208,992        (966,508) 37.950%                 1,175,500                 6,531       208,992       2,479        2,479       (366,790)      366,790
      Mar-00                      33            6,531        215,523        (959,977) 37.950%                 1,175,500                 6,531       215,523       2,479        2,479       (364,311)      364,311
      Apr-00                      34            6,531        222,054        (953,446) 37.950%                 1,175,500                 6,531       222,054       2,479        2,479       (361,833)      361,833
     May-00                       35            6,531        228,585        (946,915) 37.950%                 1,175,500                 6,531       228,585       2,479        2,479       (359,354)      359,354
      Jun-00                      36            6,531        235,116        (940,384) 37.950%                 1,175,500                 6,531       235,116       2,479        2,479       (356,876)      356,876
       Jul-00                     37            6,531        241,647        (933,853) 37.950%                 1,175,500                 6,531       241,647       2,479        2,479       (354,397)      354,397
      Aug-00                      38            6,531        248,178        (927,322) 37.950%                 1,175,500                 6,531       248,178       2,479        2,479       (351,919)      351,919
      Sep-00                      39            6,531        254,709        (920,791) 37.950%                 1,175,500                 6,531       254,709       2,479        2,479       (349,440)      349,440
      Oct-00                      40            6,531        261,240        (914,260) 37.950%                 1,175,500                 6,531       261,240       2,479        2,479       (346,962)      346,962
      Nov-00                      41            6,531        267,771        (907,729) 37.950%                 1,175,500                 6,531       267,771       2,479        2,479       (344,483)      344,483
      Dec-00                      42            6,531        274,302        (901,198) 37.950%                 1,175,500                 6,531       274,302       2,479        2,479       (342,005)      342,005
      Jan-01                      43            6,531        280,833        (894,667) 37.950%                 1,175,500                 6,531       280,833       2,479        2,479       (339,526)      339,526
      Feb-01                      44            6,531        287,364        (888,136) 37.950%                 1,175,500                 6,531       287,364       2,479        2,479       (337,048)      337,048
      Mar-01                      45            6,531        293,895        (881,605) 37.950%                 1,175,500                 6,531       293,895       2,479        2,479       (334,569)      334,569
      Apr-01                      46            6,531        300,426        (875,074) 37.950%                 1,175,500                 6,531       300,426       2,479        2,479       (332,091)      332,091
     May-01                       47            6,531        306,957        (868,543) 37.950%                 1,175,500                 6,531       306,957       2,479        2,479       (329,612)      329,612
      Jun-01                      48            6,531        313,488        (862,012) 37.950%                 1,175,500                 6,531       313,488       2,479        2,479       (327,134)      327,134
       Jul-01                     49            6,531        320,019        (855,481) 37.950%                 1,175,500                 6,531       320,019       2,479        2,479       (324,655)      324,655
      Aug-01                      50            6,531        326,550        (848,950) 37.950%                 1,175,500                 6,531       326,550       2,479        2,479       (322,177)      322,177
      Sep-01                      51            6,531        333,081        (842,419) 37.950%                 1,175,500                 6,531       333,081       2,479        2,479       (319,698)      319,698
      Oct-01                      52            6,531        339,612        (835,888) 37.950%                 1,175,500                 6,531       339,612       2,479        2,479       (317,219)      317,219
      Nov-01                      53            6,531        346,143        (829,357) 37.950%                 1,175,500                 6,531       346,143       2,479        2,479       (314,741)      314,741
      Dec-01                      54            6,531        352,674        (822,826) 37.950%                 1,175,500                 6,531       352,674       2,479        2,479       (312,262)      312,262
      Jan-02                      55            6,531        359,205        (816,295) 37.950%                 1,175,500                 6,531       359,205       2,479        2,479       (309,784)      309,784
      Feb-02                      56            6,531        365,736        (809,764) 37.950%                 1,175,500                 6,531       365,736       2,479        2,479       (307,305)      307,305
      Mar-02                      57            6,531        372,267        (803,233) 37.950%                 1,175,500                 6,531       372,267       2,479        2,479       (304,827)      304,827
      Apr-02                      58            6,531        378,798        (796,702) 37.950%                 1,175,500                 6,531       378,798       2,479        2,479       (302,348)      302,348
     May-02                       59            6,531        385,329        (790,171) 37.950%                 1,175,500                 6,531       385,329       2,479        2,479       (299,870)      299,870
      Jun-02                      60            6,531        391,860        (783,640) 37.950%                 1,175,500                 6,531       391,860       2,479        2,479       (297,391)      297,391
       Jul-02                     61            6,531        398,391        (777,109) 37.950%                 1,175,500                 6,531       398,391       2,479        2,479       (294,913)      294,913
      Aug-02                      62            6,531        404,922        (770,578) 37.950%                 1,175,500                 6,531       404,922       2,479        2,479       (292,434)      292,434
      Sep-02                      63            6,531        411,453        (764,047) 37.950%                 1,175,500                 6,531       411,453       2,479        2,479       (289,956)      289,956
      Oct-02                      64            6,531        417,984        (757,516) 37.950%                 1,175,500                 6,531       417,984       2,479        2,479       (287,477)      287,477
      Nov-02                      65            6,531        424,515        (750,985) 37.950%                 1,175,500                 6,531       424,515       2,479        2,479       (284,999)      284,999
      Dec-02                      66            6,531        431,046        (744,454) 37.950%                 1,175,500                 6,531       431,046       2,479        2,479       (282,520)      282,520
      Jan-03                      67            6,531        437,577        (737,923) 37.950%                 1,175,500                 6,531       437,577       2,479        2,479       (280,042)      280,042
      Feb-03                      68            6,531        444,108        (731,392) 37.950%                 1,175,500                 6,531       444,108       2,479        2,479       (277,563)      277,563
      Mar-03                      69            6,531        450,639        (724,861) 37.950%                 1,175,500                 6,531       450,639       2,479        2,479       (275,085)      275,085
      Apr-03                      70            6,531        457,170        (718,330) 37.950%                 1,175,500                 6,531       457,170       2,479        2,479       (272,606)      272,606
     May-03                       71            6,531        463,701        (711,799) 37.951%                 1,175,500                 6,531       463,701       2,479        2,479       (270,128)      270,128
      Jun-03                      72            6,531        470,232        (705,268) 37.951%                 1,175,500                 6,531       470,232       2,479        2,479       (267,649)      267,649
       Jul-03                     73            6,531        476,763        (698,737) 37.951%                 1,175,500                 6,531       476,763       2,479        2,479       (265,170)      265,170
      Aug-03                      74            6,531        483,294        (692,206) 37.951%                 1,175,500                 6,531       483,294       2,479        2,479       (262,692)      262,692
      Sep-03                      75            6,531        489,825        (685,675) 37.951%                 1,175,500                 6,531       489,825       2,479        2,479       (260,213)      260,213
      Oct-03                      76            6,531        496,356        (679,144) 37.951%                 1,175,500                 6,531       496,356       2,479        2,479       (257,735)      257,735
      Nov-03                      77            6,531        502,887        (672,613) 37.951%                 1,175,500                 6,531       502,887       2,479        2,479       (255,256)      255,256
      Dec-03                      78            6,531        509,418        (666,082) 37.951%                 1,175,500                 6,531       509,418       2,479        2,479       (252,778)      252,778
      Jan-04                      79            6,531        515,949        (659,551) 37.951%                 1,175,500                 6,531       515,949       2,479        2,479       (250,299)      250,299


                                                                                                                                                 Jul 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corporation and Enron
     (A)               (B)        (C)       (D)              (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                        [(B)/48]*1]        (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Feb-04                       80            6,531         522,480       (653,020) 37.951%                 1,175,500                 6,531        522,480      2,479        2,479       (247,820)      247,820
      Mar-04                       81            6,531         529,011       (646,489) 37.951%                 1,175,500                 6,531        529,011      2,479        2,479       (245,342)      245,342
      Apr-04                       82            6,531         535,542       (639,958) 37.951%                 1,175,500                 6,531        535,542      2,479        2,479       (242,863)      242,863
     May-04                        83            6,531         542,073       (633,427) 37.951%                 1,175,500                 6,531        542,073      2,479        2,479       (240,385)      240,385
      Jun-04                       84            6,531         548,604       (626,896) 37.951%                 1,175,500                 6,531        548,604      2,479        2,479       (237,906)      237,906
       Jul-04                      85            6,531         555,135       (620,365) 37.951%                 1,175,500                 6,531        555,135      2,479        2,479       (235,428)      235,428
      Aug-04                       86            6,531         561,666       (613,834) 37.951%                 1,175,500                 6,531        561,666      2,479        2,479       (232,949)      232,949
      Sep-04                       87            6,531         568,197       (607,303) 37.951%                 1,175,500                 6,531        568,197      2,479        2,479       (230,470)      230,470
      Oct-04                       88            6,531         574,728       (600,772) 37.951%                 1,175,500                 6,531        574,728      2,479        2,479       (227,992)      227,992
      Nov-04                       89            6,531         581,259       (594,241) 37.951%                 1,175,500                 6,531        581,259      2,479        2,479       (225,513)      225,513
      Dec-04                       90            6,531         587,790       (587,710) 37.951%                 1,175,500                 6,531        587,790      2,479        2,479       (223,035)      223,035
      Jan-05                       91            6,531         594,321       (581,179) 37.951%                 1,175,500                 6,531        594,321      2,479        2,479       (220,556)      220,556
      Feb-05                       92            6,531         600,852       (574,648) 37.951%                 1,175,500                 6,531        600,852      2,479        2,479       (218,077)      218,077
      Mar-05                       93            6,531         607,383       (568,117) 37.951%                 1,175,500                 6,531        607,383      2,479        2,479       (215,599)      215,599
      Apr-05                       94            6,531         613,914       (561,586) 37.951%                 1,175,500                 6,531        613,914      2,479        2,479       (213,120)      213,120
     May-05                        95            6,531         620,445       (555,055) 37.951%                 1,175,500                 6,531        620,445      2,479        2,479       (210,642)      210,642
      Jun-05                       96            6,531         626,976       (548,524) 37.951%                 1,175,500                 6,531        626,976      2,479        2,479       (208,163)      208,163
       Jul-05                      97            6,531         633,507       (541,993) 37.951%                 1,175,500                 6,531        633,507      2,479        2,479       (205,685)      205,685
      Aug-05                       98            6,531         640,038       (535,462) 37.951%                 1,175,500                 6,531        640,038      2,479        2,479       (203,206)      203,206
      Sep-05                       99            6,531         646,569       (528,931) 37.951%                 1,175,500                 6,531        646,569      2,479        2,479       (200,727)      200,727
      Oct-05                      100            6,531         653,100       (522,400) 37.951%                 1,175,500                 6,531        653,100      2,479        2,479       (198,249)      198,249
      Nov-05                      101            6,531         659,631       (515,869) 37.951%                 1,175,500                 6,531        659,631      2,479        2,479       (195,770)      195,770
      Dec-05                      102            6,531         666,162       (509,338) 37.951%                 1,175,500                 6,531        666,162      2,479        2,479       (193,292)      193,292
      Jan-06                      103            6,531         672,693       (502,807) 37.951%                 1,175,500                 6,531        672,693      2,479        2,479       (190,813)      190,813
      Feb-06                      104            6,531         679,224       (496,276) 37.951%                 1,175,500                 6,531        679,224      2,479        2,479       (188,335)      188,335
      Mar-06                      105            6,531         685,755       (489,745) 37.951%                 1,175,500                 6,531        685,755      2,479        2,479       (185,856)      185,856
      Apr-06                      106            6,531         692,286       (483,214) 37.951%                 1,175,500                 6,531        692,286      2,479        2,479       (183,377)      183,377
     May-06                       107            6,531         698,817       (476,683) 37.951%                 1,175,500                 6,531        698,817      2,479        2,479       (180,899)      180,899
      Jun-06                      108            6,531         705,348       (470,152) 37.951%                 1,175,500                 6,531        705,348      2,479        2,479       (178,420)      178,420
       Jul-06                     109            6,531         711,879       (463,621) 37.951%                 1,175,500                 6,531        711,879      2,479        2,479       (175,942)      175,942
      Aug-06                      110            6,531         718,410       (457,090) 37.951%                 1,175,500                 6,531        718,410      2,479        2,479       (173,463)      173,463
      Sep-06                      111            6,531         724,941       (450,559) 37.951%                 1,175,500                 6,531        724,941      2,479        2,479       (170,984)      170,984
      Oct-06                      112            6,531         731,472       (444,028) 37.951%                 1,175,500                 6,531        731,472      2,479        2,479       (168,506)      168,506
      Nov-06                      113            6,531         738,003       (437,497) 37.951%                 1,175,500                 6,531        738,003      2,479        2,479       (166,027)      166,027
      Dec-06                      114            6,531         744,534       (430,966) 37.951%                 1,175,500                 6,531        744,534      2,479        2,479       (163,549)      163,549
      Jan-07                      115            6,531         751,065       (424,435) 37.951%                 1,175,500                 6,531        751,065      2,479        2,479       (161,070)      161,070
      Feb-07                      116            6,531         757,596       (417,904) 37.951%                 1,175,500                 6,531        757,596      2,479        2,479       (158,592)      158,592
      Mar-07                      117            6,531         764,127       (411,373) 37.951%                 1,175,500                 6,531        764,127      2,479        2,479       (156,113)      156,113
      Apr-07                      118            6,531         770,658       (404,842) 37.951%                 1,175,500                 6,531        770,658      2,479        2,479       (153,634)      153,634
     May-07                       119            6,531         777,189       (398,311) 37.951%                 1,175,500                 6,531        777,189      2,479        2,479       (151,156)      151,156
      Jun-07                      120            6,531         783,720       (391,780) 37.951%                 1,175,500                 6,531        783,720      2,479        2,479       (148,677)      148,677
       Jul-07                     121            6,531         790,251       (385,249) 37.951%                 1,175,500                 6,531        790,251      2,479        2,479       (146,199)      146,199
      Aug-07                      122            6,531         796,782       (378,718) 37.951%                 1,175,500                 6,531        796,782      2,479        2,479       (143,720)      143,720
      Sep-07                      123            6,531         803,313       (372,187) 37.951%                 1,175,500                 6,531        803,313      2,479        2,479       (141,242)      141,242
      Oct-07                      124            6,531         809,844       (365,656) 37.951%                 1,175,500                 6,531        809,844      2,479        2,479       (138,763)      138,763
      Nov-07                      125            6,531         816,375       (359,125) 37.951%                 1,175,500                 6,531        816,375      2,479        2,479       (136,284)      136,284
      Dec-07                      126            6,531         822,906       (352,594) 37.951%                 1,175,500                 6,531        822,906      2,479        2,479       (133,806)      133,806
      Jan-08                      127            6,531         829,437       (346,063) 37.951%                 1,175,500                 6,531        829,437      2,479        2,479       (131,327)      131,327
      Feb-08                      128            6,531         835,968       (339,532) 37.951%                 1,175,500                 6,531        835,968      2,479        2,479       (128,849)      128,849
      Mar-08                      129            6,531         842,499       (333,001) 37.951%                 1,175,500                 6,531        842,499      2,479        2,479       (126,370)      126,370
      Apr-08                      130            6,531         849,030       (326,470) 37.951%                 1,175,500                 6,531        849,030      2,479        2,479       (123,891)      123,891
     May-08                       131            6,531         855,561       (319,939) 37.951%                 1,175,500                 6,531        855,561      2,479        2,479       (121,413)      121,413
      Jun-08                      132            6,531         862,092       (313,408) 37.951%                 1,175,500                 6,531        862,092      2,479        2,479       (118,934)      118,934
       Jul-08                     133            6,531         868,623       (306,877) 37.951%                 1,175,500                 6,531        868,623      2,479        2,479       (116,456)      116,456
      Aug-08                      134            6,531         875,154       (300,346) 37.951%                 1,175,500                 6,531        875,154      2,479        2,479       (113,977)      113,977
      Sep-08                      135            6,531         881,685       (293,815) 37.951%                 1,175,500                 6,531        881,685      2,479        2,479       (111,499)      111,499
      Oct-08                      136            6,531         888,216       (287,284) 37.951%                 1,175,500                 6,531        888,216      2,479        2,479       (109,020)      109,020
      Nov-08                      137            6,531         894,747       (280,753) 37.951%                 1,175,500                 6,531        894,747      2,479        2,479       (106,541)      106,541
      Dec-08                      138            6,531         901,278       (274,222) 37.951%                 1,175,500                 6,531        901,278      2,479        2,479       (104,063)      104,063
      Jan-09                      139            6,531         907,809       (267,691) 37.951%                 1,175,500                 6,531        907,809      2,479        2,479       (101,584)      101,584
      Feb-09                      140            6,531         914,340       (261,160) 37.951%                 1,175,500                 6,531        914,340      2,479        2,479        (99,106)       99,106
      Mar-09                      141            6,531         920,871       (254,629) 37.951%                 1,175,500                 6,531        920,871      2,479        2,479        (96,627)       96,627
      Apr-09                      142            6,531         927,402       (248,098) 37.951%                 1,175,500                 6,531        927,402      2,479        2,479        (94,148)       94,148
     May-09                       143            6,531         933,933       (241,567) 37.951%                 1,175,500                 6,531        933,933      2,479        2,479        (91,670)       91,670
      Jun-09                      144            6,531         940,464       (235,036) 37.951%                 1,175,500                 6,531        940,464      2,479        2,479        (89,191)       89,191
       Jul-09                     145            6,531         946,995       (228,505) 37.951%                 1,175,500                 6,531        946,995      2,479        2,479        (86,713)       86,713
      Aug-09                      146            6,531         953,526       (221,974) 37.951%                 1,175,500                 6,531        953,526      2,479        2,479        (84,234)       84,234
      Sep-09                      147            6,531         960,057       (215,443) 37.951%                 1,175,500                 6,531        960,057      2,479        2,479        (81,756)       81,756
      Oct-09                      148            6,531         966,588       (208,912) 37.951%                 1,175,500                 6,531        966,588      2,479        2,479        (79,277)       79,277
      Nov-09                      149            6,531         973,119       (202,381) 37.951%                 1,175,500                 6,531        973,119      2,479        2,479        (76,798)       76,798
      Dec-09                      150            6,531         979,650       (195,850) 37.951%                 1,175,500                 6,531        979,650      2,479        2,479        (74,320)       74,320
      Jan-10                      151            6,531         986,181       (189,319) 37.951%                 1,175,500                 6,531        986,181      2,479        2,479        (71,841)       71,841
      Feb-10                      152            6,531         992,712       (182,788) 37.951%                 1,175,500                 6,531        992,712      2,479        2,479        (69,363)       69,363
      Mar-10                      153            6,531         999,243       (176,257) 37.951%                 1,175,500                 6,531        999,243      2,479        2,479        (66,884)       66,884
      Apr-10                      154            6,531       1,005,774       (169,726) 37.951%                 1,175,500                 6,531      1,005,774      2,479        2,479        (64,406)       64,406
     May-10                       155            6,531       1,012,305       (163,195) 37.951%                 1,175,500                 6,531      1,012,305      2,479        2,479        (61,927)       61,927
      Jun-10                      156            6,531       1,018,836       (156,664) 37.951%                 1,175,500                 6,531      1,018,836      2,479        2,479        (59,448)       59,448
       Jul-10                     157            6,531       1,025,367       (150,133) 37.951%                 1,175,500                 6,531      1,025,367      2,479        2,479        (56,970)       56,970
      Aug-10                      158            6,531       1,031,898       (143,602) 37.951%                 1,175,500                 6,531      1,031,898      2,479        2,479        (54,491)       54,491


                                                                                                                                                  Jul 1997
SO2 Allowance Sales Gain - Amortization Schedule
AIG Trading Corporation and Enron
     (A)               (B)        (C)       (D)                  (E)                 (F)       (G)          (H)        (I)          (J)            (K)        (L)           (M)          (N)           (O)               (P)
                                        [(B)/48]*1]            (D)*(C)             (B)+(E)                                        (H)*(G)          (D)                    (K)*(G)      (M)-(J)
                                                                                                                                                                                        D.I.T.        D.I.T.
                                                Monthly      Accumulated       Balance to             Monthly Tax Accumulated                 Monthly     Accumulated                 Monthly      Accumulated   Deferred Tax
 Date of Sale     Amount of Sale     Months   Amortization   Amortization       Amortize     Tax Rate    Gain       Tax Gain           Tax   Book Gain     Book Gain      Book Tax    Expense        Expense       Reserve        Dec-09   Dec-10   Total
      Sep-10                          159            6,531       1,038,429         (137,071) 37.951%                 1,175,500                   6,531       1,038,429       2,479         2,479        (52,013)       52,013
      Oct-10                          160            6,531       1,044,960         (130,540) 37.951%                 1,175,500                   6,531       1,044,960       2,479         2,479        (49,534)       49,534
      Nov-10                          161            6,531       1,051,491         (124,009) 37.951%                 1,175,500                   6,531       1,051,491       2,479         2,479        (47,055)       47,055
      Dec-10                          162            6,531       1,058,022         (117,478) 37.951%                 1,175,500                   6,531       1,058,022       2,479         2,479        (44,577)       44,577
      Jan-11                          163            6,531       1,064,553         (110,947) 37.951%                 1,175,500                   6,531       1,064,553       2,479         2,479        (42,098)       42,098
      Feb-11                          164            6,531       1,071,084         (104,416) 37.951%                 1,175,500                   6,531       1,071,084       2,479         2,479        (39,620)       39,620
      Mar-11                          165            6,531       1,077,615          (97,885) 37.951%                 1,175,500                   6,531       1,077,615       2,479         2,479        (37,141)       37,141
      Apr-11                          166            6,531       1,084,146          (91,354) 37.951%                 1,175,500                   6,531       1,084,146       2,479         2,479        (34,663)       34,663
     May-11                           167            6,531       1,090,677          (84,823) 37.951%                 1,175,500                   6,531       1,090,677       2,479         2,479        (32,184)       32,184
      Jun-11                          168            6,531       1,097,208          (78,292) 37.951%                 1,175,500                   6,531       1,097,208       2,479         2,479        (29,705)       29,705
       Jul-11                         169            6,531       1,103,739          (71,761) 37.951%                 1,175,500                   6,531       1,103,739       2,479         2,479        (27,227)       27,227
      Aug-11                          170            6,531       1,110,270          (65,230) 37.951%                 1,175,500                   6,531       1,110,270       2,479         2,479        (24,748)       24,748
      Sep-11                          171            6,531       1,116,801          (58,699) 37.951%                 1,175,500                   6,531       1,116,801       2,479         2,479        (22,270)       22,270
      Oct-11                          172            6,531       1,123,332          (52,168) 37.951%                 1,175,500                   6,531       1,123,332       2,479         2,479        (19,791)       19,791
      Nov-11                          173            6,531       1,129,863          (45,637) 37.951%                 1,175,500                   6,531       1,129,863       2,479         2,479        (17,313)       17,313
      Dec-11                          174            6,531       1,136,394          (39,106) 37.951%                 1,175,500                   6,531       1,136,394       2,479         2,479        (14,834)       14,834
      Jan-12                          175            6,531       1,142,925          (32,575) 37.951%                 1,175,500                   6,531       1,142,925       2,479         2,479        (12,355)       12,355
      Feb-12                          176            6,531       1,149,456          (26,044) 37.951%                 1,175,500                   6,531       1,149,456       2,479         2,479         (9,877)        9,877
      Mar-12                          177            6,531       1,155,987          (19,513) 37.951%                 1,175,500                   6,531       1,155,987       2,479         2,479         (7,398)        7,398
      Apr-12                          178            6,531       1,162,518          (12,982) 37.951%                 1,175,500                   6,531       1,162,518       2,479         2,479         (4,920)        4,920
     May-12                           179            6,531       1,169,049           (6,451) 37.951%                 1,175,500                   6,531       1,169,049       2,479         2,479         (2,441)        2,441
      Jun-12                          180            6,451       1,175,500                0 37.951%                  1,175,500                   6,451       1,175,500       2,448         2,448              7            (7)

        Totals         (1,175,500)              1,175,500                                              1,175,500                   446,102    1,175,500                    446,109            7     (39,923,035)     39,923,035

END              END                 END      END                            END             END      END                        END         END                         END         END                           END              END      END    END END




                                                                                                                                                           Jul 1997
SO2 Allowance Sales Gain - Amortization Schedule
Virginia Electric Power and EPA Auction
       (A)               (B)           (C)     (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)         (M)         (N)           (O)            (P)
                                           [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                    (K)*(G)     (M)-(J)
                                                                                                                                                                            D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated              Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale  Months    Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain    Book Tax   Expense        Expense       Reserve         Dec-09       Dec-10       Total
      Sep-97        (2,070,215)   1            11,501           11,501     (2,058,714) 37.950% 2,070,215       2,070,215   785,647      11,501        11,501      4,365    (781,282)       (781,282)      781,282   1,702,148    1,840,160    138,012    Amortization For The Test Period
      Oct-97                      2            11,501           23,002     (2,047,213) 37.950%                 2,070,215                11,501        23,002      4,365        4,365       (776,917)      776,917    (139,672)     (87,295)    52,377    D.I.T. Expense For the Test Period
      Nov-97                      3            11,501           34,503     (2,035,712) 37.950%                 2,070,215                11,501        34,503      4,365        4,365       (772,553)      772,553     139,672       87,295    113,484    Average Deferred Tax Reserve Balance
      Dec-97                      4            11,501           46,004     (2,024,211) 37.950%                 2,070,215                11,501        46,004      4,365        4,365       (768,188)      768,188
      Jan-98                      5            11,501           57,505     (2,012,710) 37.950%                 2,070,215                11,501        57,505      4,365        4,365       (763,823)      763,823   2,070,215    2,070,215          0    Tax Gain (SCHMAT) For The Test Period
      Feb-98                      6            11,501           69,006     (2,001,209) 37.950%                 2,070,215                11,501        69,006      4,365        4,365       (759,459)      759,459   1,702,148    1,840,160    138,012    Realized Book Gain (SCHMDT) For The Test Period
      Mar-98                      7            11,501           80,507     (1,989,708) 37.950%                 2,070,215                11,501        80,507      4,365        4,365       (755,094)      755,094
      Apr-98                      8            11,501           92,008     (1,978,207) 37.950%                 2,070,215                11,501        92,008      4,365        4,365       (750,730)      750,730
     May-98                       9            11,501         103,509      (1,966,706) 37.950%                 2,070,215                11,501       103,509      4,365        4,365       (746,365)      746,365
      Jun-98                      10           11,501         115,010      (1,955,205) 37.950%                 2,070,215                11,501       115,010      4,365        4,365       (742,000)      742,000
       Jul-98                     11           11,501         126,511      (1,943,704) 37.950%                 2,070,215                11,501       126,511      4,365        4,365       (737,636)      737,636
      Aug-98                      12           11,501         138,012      (1,932,203) 37.950%                 2,070,215                11,501       138,012      4,365        4,365       (733,271)      733,271
      Sep-98                      13           11,501         149,513      (1,920,702) 37.950%                 2,070,215                11,501       149,513      4,365        4,365       (728,906)      728,906
      Oct-98                      14           11,501         161,014      (1,909,201) 37.950%                 2,070,215                11,501       161,014      4,365        4,365       (724,542)      724,542
      Nov-98                      15           11,501         172,515      (1,897,700) 37.950%                 2,070,215                11,501       172,515      4,365        4,365       (720,177)      720,177
      Dec-98                      16           11,501         184,016      (1,886,199) 37.950%                 2,070,215                11,501       184,016      4,365        4,365       (715,813)      715,813
      Jan-99                      17           11,501         195,517      (1,874,698) 37.950%                 2,070,215                11,501       195,517      4,365        4,365       (711,448)      711,448
      Feb-99                      18           11,501         207,018      (1,863,197) 37.950%                 2,070,215                11,501       207,018      4,365        4,365       (707,083)      707,083
      Mar-99                      19           11,501         218,519      (1,851,696) 37.950%                 2,070,215                11,501       218,519      4,365        4,365       (702,719)      702,719
      Apr-99                      20           11,501         230,020      (1,840,195) 37.950%                 2,070,215                11,501       230,020      4,365        4,365       (698,354)      698,354
     May-99                       21           11,501         241,521      (1,828,694) 37.950%                 2,070,215                11,501       241,521      4,365        4,365       (693,989)      693,989
      Jun-99                      22           11,501         253,022      (1,817,193) 37.950%                 2,070,215                11,501       253,022      4,365        4,365       (689,625)      689,625
       Jul-99                     23           11,501         264,523      (1,805,692) 37.950%                 2,070,215                11,501       264,523      4,365        4,365       (685,260)      685,260
      Aug-99                      24           11,501         276,024      (1,794,191) 37.950%                 2,070,215                11,501       276,024      4,365        4,365       (680,895)      680,895
      Sep-99                      25           11,501         287,525      (1,782,690) 37.950%                 2,070,215                11,501       287,525      4,365        4,365       (676,531)      676,531
      Oct-99                      26           11,501         299,026      (1,771,189) 37.950%                 2,070,215                11,501       299,026      4,365        4,365       (672,166)      672,166
      Nov-99                      27           11,501         310,527      (1,759,688) 37.950%                 2,070,215                11,501       310,527      4,365        4,365       (667,802)      667,802
      Dec-99                      28           11,501         322,028      (1,748,187) 37.950%                 2,070,215                11,501       322,028      4,365        4,365       (663,437)      663,437
      Jan-00                      29           11,501         333,529      (1,736,686) 37.950%                 2,070,215                11,501       333,529      4,365        4,365       (659,072)      659,072
      Feb-00                      30           11,501         345,030      (1,725,185) 37.950%                 2,070,215                11,501       345,030      4,365        4,365       (654,708)      654,708
      Mar-00                      31           11,501         356,531      (1,713,684) 37.950%                 2,070,215                11,501       356,531      4,365        4,365       (650,343)      650,343
      Apr-00                      32           11,501         368,032      (1,702,183) 37.950%                 2,070,215                11,501       368,032      4,365        4,365       (645,978)      645,978
     May-00                       33           11,501         379,533      (1,690,682) 37.950%                 2,070,215                11,501       379,533      4,365        4,365       (641,614)      641,614
      Jun-00                      34           11,501         391,034      (1,679,181) 37.950%                 2,070,215                11,501       391,034      4,365        4,365       (637,249)      637,249
       Jul-00                     35           11,501         402,535      (1,667,680) 37.950%                 2,070,215                11,501       402,535      4,365        4,365       (632,885)      632,885
      Aug-00                      36           11,501         414,036      (1,656,179) 37.950%                 2,070,215                11,501       414,036      4,365        4,365       (628,520)      628,520
      Sep-00                      37           11,501         425,537      (1,644,678) 37.950%                 2,070,215                11,501       425,537      4,365        4,365       (624,155)      624,155
      Oct-00                      38           11,501         437,038      (1,633,177) 37.950%                 2,070,215                11,501       437,038      4,365        4,365       (619,791)      619,791
      Nov-00                      39           11,501         448,539      (1,621,676) 37.950%                 2,070,215                11,501       448,539      4,365        4,365       (615,426)      615,426
      Dec-00                      40           11,501         460,040      (1,610,175) 37.950%                 2,070,215                11,501       460,040      4,365        4,365       (611,061)      611,061
      Jan-01                      41           11,501         471,541      (1,598,674) 37.950%                 2,070,215                11,501       471,541      4,365        4,365       (606,697)      606,697
      Feb-01                      42           11,501         483,042      (1,587,173) 37.950%                 2,070,215                11,501       483,042      4,365        4,365       (602,332)      602,332
      Mar-01                      43           11,501         494,543      (1,575,672) 37.950%                 2,070,215                11,501       494,543      4,365        4,365       (597,968)      597,968
      Apr-01                      44           11,501         506,044      (1,564,171) 37.950%                 2,070,215                11,501       506,044      4,365        4,365       (593,603)      593,603
     May-01                       45           11,501         517,545      (1,552,670) 37.950%                 2,070,215                11,501       517,545      4,365        4,365       (589,238)      589,238
      Jun-01                      46           11,501         529,046      (1,541,169) 37.950%                 2,070,215                11,501       529,046      4,365        4,365       (584,874)      584,874
       Jul-01                     47           11,501         540,547      (1,529,668) 37.950%                 2,070,215                11,501       540,547      4,365        4,365       (580,509)      580,509
      Aug-01                      48           11,501         552,048      (1,518,167) 37.950%                 2,070,215                11,501       552,048      4,365        4,365       (576,144)      576,144
      Sep-01                      49           11,501         563,549      (1,506,666) 37.950%                 2,070,215                11,501       563,549      4,365        4,365       (571,780)      571,780
      Oct-01                      50           11,501         575,050      (1,495,165) 37.950%                 2,070,215                11,501       575,050      4,365        4,365       (567,415)      567,415
      Nov-01                      51           11,501         586,551      (1,483,664) 37.950%                 2,070,215                11,501       586,551      4,365        4,365       (563,050)      563,050
      Dec-01                      52           11,501         598,052      (1,472,163) 37.950%                 2,070,215                11,501       598,052      4,365        4,365       (558,686)      558,686
      Jan-02                      53           11,501         609,553      (1,460,662) 37.950%                 2,070,215                11,501       609,553      4,365        4,365       (554,321)      554,321
      Feb-02                      54           11,501         621,054      (1,449,161) 37.950%                 2,070,215                11,501       621,054      4,365        4,365       (549,957)      549,957
      Mar-02                      55           11,501         632,555      (1,437,660) 37.950%                 2,070,215                11,501       632,555      4,365        4,365       (545,592)      545,592
      Apr-02                      56           11,501         644,056      (1,426,159) 37.950%                 2,070,215                11,501       644,056      4,365        4,365       (541,227)      541,227
     May-02                       57           11,501         655,557      (1,414,658) 37.950%                 2,070,215                11,501       655,557      4,365        4,365       (536,863)      536,863
      Jun-02                      58           11,501         667,058      (1,403,157) 37.950%                 2,070,215                11,501       667,058      4,365        4,365       (532,498)      532,498
       Jul-02                     59           11,501         678,559      (1,391,656) 37.950%                 2,070,215                11,501       678,559      4,365        4,365       (528,133)      528,133
      Aug-02                      60           11,501         690,060      (1,380,155) 37.950%                 2,070,215                11,501       690,060      4,365        4,365       (523,769)      523,769
      Sep-02                      61           11,501         701,561      (1,368,654) 37.950%                 2,070,215                11,501       701,561      4,365        4,365       (519,404)      519,404
      Oct-02                      62           11,501         713,062      (1,357,153) 37.950%                 2,070,215                11,501       713,062      4,365        4,365       (515,040)      515,040
      Nov-02                      63           11,501         724,563      (1,345,652) 37.950%                 2,070,215                11,501       724,563      4,365        4,365       (510,675)      510,675
      Dec-02                      64           11,501         736,064      (1,334,151) 37.950%                 2,070,215                11,501       736,064      4,365        4,365       (506,310)      506,310
      Jan-03                      65           11,501         747,565      (1,322,650) 37.950%                 2,070,215                11,501       747,565      4,365        4,365       (501,946)      501,946
      Feb-03                      66           11,501         759,066      (1,311,149) 37.950%                 2,070,215                11,501       759,066      4,365        4,365       (497,581)      497,581
      Mar-03                      67           11,501         770,567      (1,299,648) 37.950%                 2,070,215                11,501       770,567      4,365        4,365       (493,216)      493,216
      Apr-03                      68           11,501         782,068      (1,288,147) 37.950%                 2,070,215                11,501       782,068      4,365        4,365       (488,852)      488,852
     May-03                       69           11,501         793,569      (1,276,646) 37.951%                 2,070,215                11,501       793,569      4,365        4,365       (484,487)      484,487
      Jun-03                      70           11,501         805,070      (1,265,145) 37.951%                 2,070,215                11,501       805,070      4,365        4,365       (480,122)      480,122
       Jul-03                     71           11,501         816,571      (1,253,644) 37.951%                 2,070,215                11,501       816,571      4,365        4,365       (475,758)      475,758
      Aug-03                      72           11,501         828,072      (1,242,143) 37.951%                 2,070,215                11,501       828,072      4,365        4,365       (471,393)      471,393
      Sep-03                      73           11,501         839,573      (1,230,642) 37.951%                 2,070,215                11,501       839,573      4,365        4,365       (467,028)      467,028
      Oct-03                      74           11,501         851,074      (1,219,141) 37.951%                 2,070,215                11,501       851,074      4,365        4,365       (462,663)      462,663
      Nov-03                      75           11,501         862,575      (1,207,640) 37.951%                 2,070,215                11,501       862,575      4,365        4,365       (458,299)      458,299
      Dec-03                      76           11,501         874,076      (1,196,139) 37.951%                 2,070,215                11,501       874,076      4,365        4,365       (453,934)      453,934
      Jan-04                      77           11,501         885,577      (1,184,638) 37.951%                 2,070,215                11,501       885,577      4,365        4,365       (449,569)      449,569
      Feb-04                      78           11,501         897,078      (1,173,137) 37.951%                 2,070,215                11,501       897,078      4,365        4,365       (445,204)      445,204
      Mar-04                      79           11,501         908,579      (1,161,636) 37.951%                 2,070,215                11,501       908,579      4,365        4,365       (440,840)      440,840


                                                                                                                                                 Sep 1997
SO2 Allowance Sales Gain - Amortization Schedule
Virginia Electric Power and EPA Auction
       (A)               (B)           (C)     (D)           (E)            (F)          (G)        (H)          (I)         (J)        (K)          (L)          (M)         (N)           (O)            (P)
                                           [(B)/48]*1]     (D)*(C)        (B)+(E)                                          (H)*(G)      (D)                     (K)*(G)     (M)-(J)
                                                                                                                                                                             D.I.T.        D.I.T.
                                            Monthly      Accumulated     Balance to             Monthly Tax Accumulated               Monthly    Accumulated               Monthly      Accumulated   Deferred Tax
 Date of Sale   Amount of Sale   Months   Amortization   Amortization     Amortize     Tax Rate    Gain       Tax Gain      Tax      Book Gain    Book Gain     Book Tax   Expense        Expense       Reserve      Dec-09   Dec-10   Total
      Apr-04                       80          11,501          920,080     (1,150,135) 37.951%                 2,070,215                11,501        920,080      4,365        4,365       (436,475)      436,475
     May-04                        81          11,501          931,581     (1,138,634) 37.951%                 2,070,215                11,501        931,581      4,365        4,365       (432,110)      432,110
      Jun-04                       82          11,501          943,082     (1,127,133) 37.951%                 2,070,215                11,501        943,082      4,365        4,365       (427,745)      427,745
       Jul-04                      83          11,501          954,583     (1,115,632) 37.951%                 2,070,215                11,501        954,583      4,365        4,365       (423,381)      423,381
      Aug-04                       84          11,501          966,084     (1,104,131) 37.951%                 2,070,215                11,501        966,084      4,365        4,365       (419,016)      419,016
      Sep-04                       85          11,501          977,585     (1,092,630) 37.951%                 2,070,215                11,501        977,585      4,365        4,365       (414,651)      414,651
      Oct-04                       86          11,501          989,086     (1,081,129) 37.951%                 2,070,215                11,501        989,086      4,365        4,365       (410,286)      410,286
      Nov-04                       87          11,501        1,000,587     (1,069,628) 37.951%                 2,070,215                11,501      1,000,587      4,365        4,365       (405,922)      405,922
      Dec-04                       88          11,501        1,012,088     (1,058,127) 37.951%                 2,070,215                11,501      1,012,088      4,365        4,365       (401,557)      401,557
      Jan-05                       89          11,501        1,023,589     (1,046,626) 37.951%                 2,070,215                11,501      1,023,589      4,365        4,365       (397,192)      397,192
      Feb-05                       90          11,501        1,035,090     (1,035,125) 37.951%                 2,070,215                11,501      1,035,090      4,365        4,365       (392,827)      392,827
      Mar-05                       91          11,501        1,046,591     (1,023,624) 37.951%                 2,070,215                11,501      1,046,591      4,365        4,365       (388,463)      388,463
      Apr-05                       92          11,501        1,058,092     (1,012,123) 37.951%                 2,070,215                11,501      1,058,092      4,365        4,365       (384,098)      384,098
     May-05                        93          11,501        1,069,593     (1,000,622) 37.951%                 2,070,215                11,501      1,069,593      4,365        4,365