NOTICE DATE: April 8, 2011

NOTICE TYPE: W-C040811-01 Financial/Credit

SHORT DESCRIPTION: Global Credit Adjustment related to the Final Settlement Statements for February 2 and 3, 2011

INTENDED AUDIENCE: Counter-Parties, CRRAHs and QSEs

DAY AFFECTED: April 8, 2011

LONG DESCRIPTION: The Final Settlement Statements for February 2 and 3, 2011, were invoiced on April 7, 2011. Given the atypical nature of the activity on these days and to be consistent with other adjustments made eliminating the Real Time activity for February 2 and 3, 2011, from credit calculations, ERCOT has excluded Operating Days February 2 and 3, 2011, from the Unbilled Final and True Up Adjustment (UFTA) beginning with the calculation on April 8, 2011.

CONTACT: If you have any questions, please contact Vanessa Spells at [log in to unmask], (512) 225-7014, or Rizaldy Zapanta at [log in to unmask], (512) 225-7015. You may also send credit inquiries to [log in to unmask].

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