NOTICE DATE: July 29, 2016 NOTICE TYPE: M-A072916-01 Financial/Credit SHORT DESCRIPTION: Counter-Party quarterly financial statements due by August 29, 2016 INTENDED AUDIENCE: Counter-Party Financial Personnel DAY AFFECTED: August 29, 2016 LONG DESCRIPTION: ERCOT Protocols Section 16.11.5 (1) requires all Counter-Parties to provide their own or their guarantor's: (1) quarterly unaudited financial statements (semi-annually, if the guarantor is foreign and rated by a rating agency acceptable to ERCOT) no later than 60 days (90 days if the Guarantor is foreign and rated by a rating agency acceptable to ERCOT) after the close of the issuer's fiscal quarters; and (2) annual audited financial statements no later than 120 days after the close of the issuer's fiscal year. Counter-Parties/guarantors whose second quarter ended on June 30, 2016 must submit quarterly unaudited financial statements by August 29, 2016. ACTION REQUIRED: Counter-Parties/guarantors whose quarterly unaudited financial statements for second quarter 2016 are due (or past due) should provide these statements to ERCOT as soon as possible to avoid any remedial action as authorized under the ERCOT Protocols. Counter-Party or guarantor financial statements that are publicly available electronically need not be provided to ERCOT. Please submit financial statements to [log in to unmask]<mailto:[log in to unmask]> or by mail to: Vanessa Spells ERCOT 7620 Metro Center Dr. Austin, TX 78744 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 email at [log in to unmask]<mailto:[log in to unmask]>. If you are receiving email from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com. mm