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Is This Right?

E
le RC

DO
CI

Sa y E

by
DM

ca b

ct
es
la ss
to

fe
cc
Ca cce

ef
ca

il A

to
of il A
la

in
ta
Ca

in ta

Re

es
os Re
of

go
of
g
rd

Cl of

s
n"
a

es
on on"
Aw

tio

cc
ra
Up cati
M

il A
la
AL

ifi

ec

ta
ot
PS

Re
"D
~ 8 Mos. 6 Mos 6 Mos
"N

Jul Mar Sep Mar


2009 2010 2010 2011

This is the approximate period DMCA/PSALM may


take to "close" the sale and transfer the assets.

If it doesn't happen, PSALM may choose to


extend the period (as they did with Suez) or re-bid in which
case this schedule totally goes to pot.