NOTICE DATE: March 13, 2009

NOTICE TYPE: M-A022709-04 TCR

SHORT DESCRIPTION: April 2009 TCR Auction Closed and Results Posted

INTENDED AUDIENCE: TCR Account Holders

DAY AFFECTED: Invoices due March 20, 2009

LONG DESCRIPTION: The April 2009 TCR Auction closed Thursday, March 12, 2009, at 2:00 PM and was approved Friday, March 13, 2009. Monthly Auction for April 2009 Invoices are due by end of business on Friday, March 20, 2009.

Any unpaid TCRs and PCRs that remain outstanding after their invoice date shall be forfeited by the awardees and, with respect to TCRs and PCRs from the annual auction, included in the following monthly auctions.

Please view your invoice on the TCR website after an auction has closed, and make your payments accordingly. To locate your invoice, login to the TCR Program, and click on "Settlements, Billing, and Reports," from the menu. Click the "+" sign beside your company name, click the "+" sign beside Auction Award Invoices, and click on Award_Invoice_20090401_20090430.csv. A dialogue box will appear allowing you to open the file or save the file to disk. Auction Award Invoices are also available in XML format in addition to the CSV file.

ADDITIONAL INFORMATION: When processing the wires, please reference that the wire is for TCR Auctions and list the TCR Invoice Number. The information on ERCOT's financial institution is as follows:

Account Name: Electric Reliability Council of Texas, Inc

Bank: JP Morgan Chase

ABA Number: 021000021

Account Number: 09922895452

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via e-mail at [log in to unmask].

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