-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Vp8SlB6QcReICCFV1eboTPLlIhOEEsXgsM3mfsPkuyNh1WGPj78iw5flO3xEL1h8 pb7nGO+lFDh2hi7vyGWvlQ== /in/edgar/work/20000814/0000071297-00-000082/0000071297-00-000082.txt : 20000921 0000071297-00-000082.hdr.sgml : 20000921 ACCESSION NUMBER: 0000071297-00-000082 CONFORMED SUBMISSION TYPE: 35-CERT PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20000814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL GRID USA CENTRAL INDEX KEY: 0000071297 STANDARD INDUSTRIAL CLASSIFICATION: [4911 ] IRS NUMBER: 041663060 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 35-CERT SEC ACT: SEC FILE NUMBER: 070-09089 FILM NUMBER: 700830 BUSINESS ADDRESS: STREET 1: 25 RESEARCH DR CITY: WESTBOROUGH STATE: MA ZIP: 01582 BUSINESS PHONE: 5083892000 MAIL ADDRESS: STREET 1: 25 RESEARCH DR CITY: WESTBOROUGH STATE: MA ZIP: 01582 FORMER COMPANY: FORMER CONFORMED NAME: NEW ENGLAND ELECTRIC SYSTEM DATE OF NAME CHANGE: 19920703 35-CERT 1 0001.txt File No. 70-9089 CERTIFICATE OF NOTIFICATION (Rule 24) to the SECURITIES AND EXCHANGE COMMISSION by GRANITE STATE ELECTRIC COMPANY (Granite) MASSACHUSETTS ELECTRIC COMPANY (Mass Electric) NANTUCKET ELECTRIC COMPANY (NEC) THE NARRAGANSETT ELECTRIC COMPANY (Narragansett) NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION (NEET) NEW ENGLAND ENERGY INCORPORATED (NEEI) NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC.(Mass Hydro) NEW ENGLAND HYDRO-TRANSMISSION CORPORATION (NH Hydro) NEW ENGLAND POWER COMPANY (NEP) NATIONAL GRID USA SERVICE COMPANY, INC. (NGUSA) NATIONAL GRID USA It is hereby certified that, other than as set forth below, the transactions detailed below, which were covered by the Statement on Form U-1 as amended and the Orders of the Securities and Exchange Commission dated October 29, 1997 and June 2, 1998 with respect thereto, have been carried out in accordance with the terms and conditions of and for the purposes represented in said Statement and Orders of the Commission. During the quarter ended June 30, 2000, Borrowing Companies made new money borrowings as indicated in Exhibit A-1 hereto, the proceeds of which were used to pay then outstanding notes initially issued to banks and/or dealers in commercial paper and/or borrowings from the Money Pool, to provide new money for capitalizable expenditures and/or to reimburse the treasury therefor, and for other corporate purposes relating to ordinary business operations, including working capital and the financing of construction and property acquisitions. The maximum concurrent amount of short-term borrowings outstanding during the quarter and the amount outstanding at the end of the quarter is shown in Exhibit A-1. No funds borrowed were paid by a subsidiary company to National Grid USA through dividends for the purpose of National Grid USA acquiring an interest in an exempt wholesale generator or in a foreign utility company. SIGNATURES Pursuant to the requirements of the Public Utility Holding Company Act of 1935, each undersigned company has duly caused this Certificate of Notification, Commission's File No. 70-9089 to be signed on its behalf by the undersigned officers thereunto duly authorized. NATIONAL GRID USA NATIONAL GRID USA SERVICE COMPANY, INC. NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION NEW ENGLAND ENERGY INCORPORATED NEW ENGLAND HYDRO-TRANSMISSION CORPORATION NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC. NEW ENGLAND POWER COMPANY s/ John G. Cochrane By ______________________________ John G. Cochrane Treasurer GRANITE STATE ELECTRIC COMPANY MASSACHUSETTS ELECTRIC COMPANY NANTUCKET ELECTRIC COMPANY THE NARRAGANSETT ELECTRIC COMPANY s/ Nancy B. Kellogg By Nancy B. Kellogg Assistant Treasurer Date: August 14, 2000 EX-99 2 0002.txt EXHIBIT INDEX Exhibit No. Description Page - ----------- ----------- ---- A-1 Borrowing Logs Filed herewith EX-99 3 0003.txt EXHIBIT A-1
MASSACHUSETTS ELECTRIC COMPANY MONEYPOOL BORROWING Borrowing Number Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount of Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 35,725,000 1 6.0260% 5,979.97 5,979.97 5,979.97 35,725,000 2-Apr-00 Moneypool Moneypool Roll 35,725,000 1 6.0260% 5,979.97 5,979.97 5,979.97 35,725,000 3-Apr-00 Moneypool Moneypool Roll 35,725,000 1 6.0260% 5,979.97 5,979.97 New 7,050,000 1 6.0260% 1,180.09 1,180.09 7,160.06 42,775,000 4-Apr-00 Moneypool Moneypool Roll 42,500,000 1 6.0260% 7,114.03 7,114.03 New 1 6.0260% 0.00 0.00 7,114.03 42,500,000 5-Apr-00 Moneypool Moneypool Roll 42,075,000 1 6.0260% 7,042.89 7,042.89 New 1 6.0260% 0.00 0.00 7,042.89 42,075,000 6-Apr-00 Moneypool Moneypool Roll 37,325,000 1 6.0260% 6,247.79 6,247.79 New 1 6.0260% 0.00 0.00 6,247.79 37,325,000 7-Apr-00 Moneypool Moneypool Roll 34,225,000 3 6.0260% 5,728.88 17,186.65 New 3 6.0260% 0.00 0.00 17,186.65 34,225,000 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 34,225,000 1 6.0260% 5,728.88 5,728.88 New 3,550,000 1 6.0260% 594.23 594.23 6,323.12 37,775,000 11-Apr-00 Moneypool Moneypool Roll 34,900,000 1 6.0260% 5,841.87 5,841.87 New 1 6.0260% 0.00 0.00 5,841.87 34,900,000 12-Apr-00 Moneypool Moneypool Roll 34,900,000 1 6.0260% 5,841.87 5,841.87 New 9,175,000 1 6.0260% 1,535.79 1,535.79 7,377.67 44,075,000 13-Apr-00 Moneypool Moneypool Roll 38,625,000 1 6.0260% 6,465.40 6,465.40 New 1 6.0260% 0.00 0.00 6,465.40 38,625,000 14-Apr-00 Moneypool Moneypool Roll 38,625,000 3 6.0260% 6,465.40 19,396.19 New 13,000,000 3 6.0260% 2,176.06 6,528.17 25,924.35 51,625,000 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 51,625,000 1 6.0260% 8,641.45 8,641.45 New 175,000 1 6.0260% 29.29 29.29 8,670.74 51,800,000 18-Apr-00 Moneypool Moneypool Roll 51,800,000 1 6.0260% 8,670.74 8,670.74 New 8,450,000 1 6.0260% 1,414.44 1,414.44 10,085.18 60,250,000 19-Apr-00 Moneypool Moneypool Roll 55,775,000 1 6.0260% 9,336.12 9,336.12 New 1 6.0260% 0.00 0.00 9,336.12 55,775,000 20-Apr-00 Moneypool Moneypool Roll 55,775,000 1 6.0260% 9,336.12 9,336.12 New 6,925,000 1 6.0260% 1,159.17 1,159.17 10,495.28 62,700,000 21-Apr-00 Moneypool Moneypool Roll 59,400,000 3 6.0260% 9,942.90 29,828.70 New 3 6.0260% 0.00 0.00 29,828.70 59,400,000 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 59,400,000 1 6.0260% 9,942.90 9,942.90 New 3,950,000 1 6.0260% 661.19 661.19 10,604.09 63,350,000 25-Apr-00 Moneypool Moneypool Roll 63,350,000 1 6.0260% 10,604.09 10,604.09 New 5,125,000 1 6.0260% 857.87 857.87 11,461.95 68,475,000 26-Apr-00 Moneypool Moneypool Roll 62,550,000 1 6.0260% 10,470.18 10,470.18 New 1 6.0260% 0.00 0.00 10,470.18 62,550,000 27-Apr-00 Moneypool Moneypool Roll 59,675,000 1 6.0260% 9,988.93 9,988.93 New 1 6.0260% 0.00 0.00 9,988.93 59,675,000 28-Apr-00 Moneypool Moneypool Roll 59,675,000 3 6.0260% 9,988.93 29,966.80 New 4,375,000 3 6.0260% 732.33 2,196.98 32,163.78 64,050,000 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 64,050,000 1 6.4320% 11,443.60 11,443.60 New 44,600,000 1 6.4320% 7,968.53 7,968.53 19,412.13 108,650,000 2-May-00 Moneypool Moneypool Roll 108,650,000 1 6.4320% 19,412.13 19,412.13 New 13,225,000 1 6.4320% 2,362.87 2,362.87 21,775.00 121,875,000 3-May-00 Moneypool Moneypool Roll 118,150,000 1 6.4320% 21,109.47 21,109.47 New 1 6.4320% 0.00 0.00 21,109.47 118,150,000 4-May-00 Moneypool Moneypool Roll 115,250,000 1 6.4320% 20,591.33 20,591.33 New 1 6.4320% 0.00 0.00 20,591.33 115,250,000 5-May-00 Moneypool Moneypool Roll 115,250,000 3 6.4320% 20,591.33 61,774.00 New 4,600,000 3 6.4320% 821.87 2,465.60 64,239.60 119,850,000 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 119,850,000 1 6.4320% 21,413.20 21,413.20 New 3,750,000 1 6.4320% 670.00 670.00 22,083.20 123,600,000 9-May-00 Moneypool Moneypool Roll 114,850,000 1 6.4320% 20,519.87 20,519.87 New 1 6.4320% 0.00 0.00 20,519.87 114,850,000 10-May-00 Moneypool Moneypool Roll 109,950,000 1 6.4320% 19,644.40 19,644.40 New 1 6.4320% 0.00 0.00 19,644.40 109,950,000 11-May-00 Moneypool Moneypool Roll 108,000,000 1 6.4320% 19,296.00 19,296.00 New 1 6.4320% 0.00 0.00 19,296.00 108,000,000 12-May-00 Moneypool Moneypool Roll 108,000,000 3 6.4320% 19,296.00 57,888.00 New 5,425,000 3 6.4320% 969.27 2,907.80 60,795.80 113,425,000 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 113,425,000 1 6.4320% 20,265.27 20,265.27 New 1,150,000 1 6.4320% 205.47 205.47 20,470.73 114,575,000 16-May-00 Moneypool Moneypool Roll 113,050,000 1 6.4320% 20,198.27 20,198.27 New 1 6.4320% 0.00 0.00 20,198.27 113,050,000 17-May-00 Moneypool Moneypool Roll 109,475,000 1 6.4320% 19,559.53 19,559.53 New 1 6.4320% 0.00 0.00 19,559.53 109,475,000 18-May-00 Moneypool Moneypool Roll 103,050,000 1 6.4320% 18,411.60 18,411.60 New 1 6.4320% 0.00 0.00 18,411.60 103,050,000 19-May-00 Moneypool Moneypool Roll 103,050,000 3 6.4320% 18,411.60 55,234.80 New 2,500,000 3 6.4320% 446.67 1,340.00 56,574.80 105,550,000 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 105,550,000 1 6.4320% 18,858.27 18,858.27 New 13,700,000 1 6.4320% 2,447.73 2,447.73 21,306.00 119,250,000 23-May-00 Moneypool Moneypool Roll 119,250,000 1 6.4320% 21,306.00 21,306.00 New 8,100,000 1 6.4320% 1,447.20 1,447.20 22,753.20 127,350,000 24-May-00 Moneypool Moneypool Roll 125,700,000 1 6.4320% 22,458.40 22,458.40 New 1 6.4320% 0.00 0.00 22,458.40 125,700,000 25-May-00 Moneypool Moneypool Roll 125,700,000 1 6.4320% 22,458.40 22,458.40 New 1,475,000 1 6.4320% 263.53 263.53 22,721.93 127,175,000 26-May-00 Moneypool Moneypool Roll 121,225,000 4 6.4320% 21,658.87 86,635.47 New 4 6.4320% 0.00 0.00 86,635.47 121,225,000 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 121,225,000 1 6.4320% 21,658.87 21,658.87 New 12,600,000 1 6.4320% 2,251.20 2,251.20 23,910.07 133,825,000 31-May-00 Moneypool Moneypool Roll 112,025,000 1 6.4320% 20,015.13 20,015.13 31-May-00 BANK BANKBOSTON NEW 28,800,000 21 6.9100% 5,528.00 116,088.00 116,088.00 140,825,000 1-Jun-00 Moneypool Moneypool Roll 112,025,000 1 6.5420% 20,357.43 20,357.43 New 4,825,000 1 6.5420% 876.81 876.81 21,234.24 145,650,000 2-Jun-00 Moneypool Moneypool Roll 116,350,000 3 6.5420% 21,143.38 63,430.14 New 3 6.5420% 0.00 0.00 63,430.14 145,150,000 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 109,900,000 1 6.5420% 19,971.27 19,971.27 New 1 6.5420% 0.00 0.00 19,971.27 138,700,000 6-Jun-00 Moneypool Moneypool Roll 108,300,000 1 6.5420% 19,680.52 19,680.52 New 1 6.5420% 0.00 0.00 19,680.52 137,100,000 7-Jun-00 Moneypool Moneypool Roll 107,075,000 1 6.5420% 19,457.91 19,457.91 New 1 6.5420% 0.00 0.00 19,457.91 135,875,000 8-Jun-00 Moneypool Moneypool Roll 102,475,000 1 6.5420% 18,621.98 18,621.98 New 1 6.5420% 0.00 0.00 18,621.98 131,275,000 9-Jun-00 Moneypool Moneypool Roll 102,475,000 3 6.5420% 18,621.98 55,865.95 New 4,300,000 3 6.5420% 781.41 2,344.22 58,210.17 135,575,000 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 102,075,000 1 6.5420% 18,549.30 18,549.30 New 1 6.5420% 0.00 0.00 18,549.30 130,875,000 13-Jun-00 Moneypool Moneypool Roll 97,575,000 1 6.5420% 17,731.55 17,731.55 New 1 6.5420% 0.00 0.00 17,731.55 126,375,000 14-Jun-00 Moneypool Moneypool Roll 96,475,000 1 6.5420% 17,531.65 17,531.65 New 1 6.5420% 0.00 0.00 17,531.65 125,275,000 15-Jun-00 Moneypool Moneypool Roll 96,475,000 1 6.5420% 17,531.65 17,531.65 New 20,550,000 1 6.5420% 3,734.39 3,734.39 21,266.04 145,825,000 16-Jun-00 Moneypool Moneypool Roll 117,025,000 3 6.5420% 21,266.04 63,798.13 New 250,000 3 6.5420% 45.43 136.29 63,934.42 146,075,000 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 112,575,000 1 6.5420% 20,457.38 20,457.38 New 1 6.5420% 0.00 0.00 20,457.38 141,375,000 20-Jun-00 Moneypool Moneypool Roll 109,475,000 1 6.5420% 19,894.04 19,894.04 New 1 6.5420% 0.00 0.00 19,894.04 138,275,000 21-Jun-00 Moneypool Moneypool Roll 109,475,000 1 6.5420% 19,894.04 19,894.04 New 28,750,000 1 6.5420% 5,224.51 5,224.51 25,118.55 138,225,000 22-Jun-00 Moneypool Moneypool Roll 138,225,000 1 6.5420% 25,118.55 25,118.55 New 200,000 1 6.5420% 36.34 36.34 25,154.90 138,425,000 23-Jun-00 Moneypool Moneypool Roll 138,425,000 3 6.5420% 25,154.90 75,464.70 New 2,850,000 3 6.5420% 517.91 1,553.73 77,018.42 141,275,000 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 141,275,000 1 6.5420% 25,672.81 25,672.81 New 5,300,000 1 6.5420% 963.13 963.13 26,635.93 146,575,000 27-Jun-00 Moneypool Moneypool Roll 142,675,000 1 6.5420% 25,927.22 25,927.22 New 1 6.5420% 0.00 0.00 25,927.22 142,675,000 28-Jun-00 Moneypool Moneypool Roll 136,375,000 1 6.5420% 24,782.37 24,782.37 New 1 6.5420% 0.00 0.00 24,782.37 136,375,000 29-Jun-00 Moneypool Moneypool Roll 35,925,000 1 6.5420% 6,528.37 6,528.37 New 1 6.5420% 0.00 0.00 6,528.37 35,925,000 30-Jun-00 Moneypool Moneypool Roll 35,925,000 3 6.5420% 6,528.37 19,585.11 New 11,250,000 3 6.5420% 2,044.38 6,133.13 25,718.24 47,175,000 THE NARRAGANSETT ELECTRIC COMPANY MONEYPOOL BORROWING Borrowing Number of Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 1,900,000 1 6.0260% 318.04 318.04 318.04 1,900,000 2-Apr-00 Moneypool Moneypool Roll 1,900,000 1 6.0260% 318.04 318.04 318.04 1,900,000 3-Apr-00 Moneypool Moneypool Roll 1,900,000 1 6.0260% 318.04 318.04 New 1,625,000 1 6.0260% 272.01 272.01 590.05 3,525,000 4-Apr-00 Moneypool Moneypool Roll 3,525,000 1 6.0260% 590.05 590.05 New 25,000 1 6.0260% 4.18 4.18 594.23 3,550,000 5-Apr-00 Moneypool Moneypool Roll 3,550,000 1 6.0260% 594.23 594.23 New 75,000 1 6.0260% 12.55 12.55 606.78 3,625,000 6-Apr-00 Moneypool Moneypool Roll 750,000 1 6.0260% 125.54 125.54 New 0 1 6.0260% 0.00 0.00 125.54 750,000 7-Apr-00 Moneypool Moneypool Roll 0 3 6.0260% 0.00 0.00 New 0 3 6.0260% 0.00 0.00 0.00 0 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 0 1 6.0260% 0.00 0.00 0.00 0 11-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 0 1 6.0260% 0.00 0.00 0.00 0 12-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 1,325,000 1 6.0260% 221.79 221.79 221.79 1,325,000 13-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 0 1 6.0260% 0.00 0.00 0.00 0 14-Apr-00 Moneypool Moneypool Roll 0 3 6.0260% 0.00 0.00 New 100,000 3 6.0260% 16.74 50.22 50.22 100,000 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 0 1 6.0260% 0.00 0.00 0.00 0 18-Apr-00 Moneypool Moneypool Roll 0 1 6.0260% 0.00 0.00 New 2,675,000 1 6.0260% 447.77 447.77 447.77 2,675,000 19-Apr-00 Moneypool Moneypool Roll 975,000 1 6.0260% 163.20 163.20 New 0 1 6.0260% 0.00 0.00 163.20 975,000 20-Apr-00 Moneypool Moneypool Roll 975,000 1 6.0260% 163.20 163.20 New 2,275,000 1 6.0260% 380.81 380.81 544.01 3,250,000 21-Apr-00 Moneypool Moneypool Roll 2,675,000 3 6.0260% 447.77 1,343.30 New 0 3 6.0260% 0.00 0.00 1,343.30 2,675,000 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 2,675,000 1 6.0260% 447.77 447.77 New 2,700,000 1 6.0260% 451.95 451.95 899.72 5,375,000 25-Apr-00 Moneypool Moneypool Roll 4,925,000 1 6.0260% 824.39 824.39 New 0 1 6.0260% 0.00 0.00 824.39 4,925,000 26-Apr-00 Moneypool Moneypool Roll 4,825,000 1 6.0260% 807.65 807.65 New 0 1 6.0260% 0.00 0.00 807.65 4,825,000 27-Apr-00 Moneypool Moneypool Roll 3,075,000 1 6.0260% 514.72 514.72 New 0 1 6.0260% 0.00 0.00 514.72 3,075,000 28-Apr-00 Moneypool Moneypool Roll 3,075,000 3 6.0260% 514.72 1,544.16 New 0 3 6.0260% 0.00 0.00 1,544.16 3,075,000 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 3,075,000 1 6.4320% 549.40 549.40 New 21,500,000 1 6.4320% 3,841.33 3,841.33 4,390.73 24,575,000 2-May-00 Moneypool Moneypool Roll 24,575,000 1 6.4320% 4,390.73 4,390.73 New 775,000 1 6.4320% 138.47 138.47 4,529.20 25,350,000 3-May-00 Moneypool Moneypool Roll 24,700,000 1 6.4320% 4,413.07 4,413.07 New 0 1 6.4320% 0.00 0.00 4,413.07 24,700,000 4-May-00 Moneypool Moneypool Roll 24,200,000 1 6.4320% 4,323.73 4,323.73 New 0 1 6.4320% 0.00 0.00 4,323.73 24,200,000 5-May-00 Moneypool Moneypool Roll 23,275,000 3 6.4320% 4,158.47 12,475.40 New 0 3 6.4320% 0.00 0.00 12,475.40 23,275,000 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 23,275,000 1 6.4320% 4,158.47 4,158.47 New 350,000 1 6.4320% 62.53 62.53 4,221.00 23,625,000 9-May-00 Moneypool Moneypool Roll 19,975,000 1 6.4320% 3,568.87 3,568.87 New 0 1 6.4320% 0.00 0.00 3,568.87 19,975,000 10-May-00 Moneypool Moneypool Roll 17,775,000 1 6.4320% 3,175.80 3,175.80 New 0 1 6.4320% 0.00 0.00 3,175.80 17,775,000 11-May-00 Moneypool Moneypool Roll 16,800,000 1 6.4320% 3,001.60 3,001.60 New 0 1 6.4320% 0.00 0.00 3,001.60 16,800,000 12-May-00 Moneypool Moneypool Roll 16,800,000 3 6.4320% 3,001.60 9,004.80 New 1,500,000 3 6.4320% 268.00 804.00 9,808.80 18,300,000 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 17,875,000 1 6.4320% 3,193.67 3,193.67 New 0 1 6.4320% 0.00 0.00 3,193.67 17,875,000 16-May-00 Moneypool Moneypool Roll 16,700,000 1 6.4320% 2,983.73 2,983.73 New 0 1 6.4320% 0.00 0.00 2,983.73 16,700,000 17-May-00 Moneypool Moneypool Roll 14,125,000 1 6.4320% 2,523.67 2,523.67 New 0 1 6.4320% 0.00 0.00 2,523.67 14,125,000 18-May-00 Moneypool Moneypool Roll 12,275,000 1 6.4320% 2,193.13 2,193.13 New 0 1 6.4320% 0.00 0.00 2,193.13 12,275,000 19-May-00 Moneypool Moneypool Roll 12,275,000 3 6.4320% 2,193.13 6,579.40 New 850,000 3 6.4320% 151.87 455.60 7,035.00 13,125,000 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 13,125,000 1 6.4320% 2,345.00 2,345.00 New 2,500,000 1 6.4320% 446.67 446.67 2,791.67 15,625,000 23-May-00 Moneypool Moneypool Roll 15,625,000 1 6.4320% 2,791.67 2,791.67 New 17,500,000 1 6.4320% 3,126.67 3,126.67 5,918.33 33,125,000 24-May-00 Moneypool Moneypool Roll 33,025,000 1 6.4320% 5,900.47 5,900.47 New 0 1 6.4320% 0.00 0.00 5,900.47 33,025,000 25-May-00 Moneypool Moneypool Roll 32,975,000 1 6.4320% 5,891.53 5,891.53 New 0 1 6.4320% 0.00 0.00 5,891.53 32,975,000 26-May-00 Moneypool Moneypool Roll 32,975,000 4 6.4320% 5,891.53 23,566.13 New 7,225,000 4 6.4320% 1,290.87 5,163.47 28,729.60 40,200,000 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 40,200,000 1 6.4320% 7,182.40 7,182.40 New 2,075,000 1 6.4320% 370.73 370.73 7,553.13 42,275,000 31-May-00 Moneypool Moneypool Roll 42,275,000 1 6.4320% 7,553.13 7,553.13 New 4,650,000 1 6.4320% 830.80 830.80 8,383.93 46,925,000 1-Jun-00 Moneypool Moneypool Roll 46,925,000 1 6.5420% 8,527.32 8,527.32 1-Jun-00 Moneypool Moneypool NEW 425,000 1 6.5420% 77.23 77.23 1-Jun-00 BANK BANKBOSTON NEW 10,000,000 20 6.9600% 1,933.33 38,666.67 47,271.21 57,350,000 2-Jun-00 Moneypool Moneypool Roll 47,350,000 3 6.5420% 8,604.55 25,813.64 New 275,000 3 6.5420% 49.97 149.92 25,963.56 57,625,000 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 45,375,000 1 6.5420% 8,245.65 8,245.65 New 1 6.5420% 0.00 0.00 8,245.65 55,375,000 6-Jun-00 Moneypool Moneypool Roll 45,375,000 1 6.5420% 8,245.65 8,245.65 New 4,500,000 1 6.5420% 817.75 817.75 9,063.40 59,875,000 7-Jun-00 Moneypool Moneypool Roll 49,875,000 1 6.5420% 9,063.40 9,063.40 New 250,000 1 6.5420% 45.43 45.43 9,108.83 60,125,000 8-Jun-00 Moneypool Moneypool Roll 46,825,000 1 6.5420% 8,509.14 8,509.14 New 0 1 6.5420% 0.00 0.00 8,509.14 56,825,000 9-Jun-00 Moneypool Moneypool Roll 46,825,000 3 6.5420% 8,509.14 25,527.43 New 1,725,000 3 6.5420% 313.47 940.41 26,467.84 58,550,000 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 46,325,000 1 6.5420% 8,418.28 8,418.28 New 0 1 6.5420% 0.00 0.00 8,418.28 56,325,000 13-Jun-00 Moneypool Moneypool Roll 44,525,000 1 6.5420% 8,091.18 8,091.18 New 0 1 6.5420% 0.00 0.00 8,091.18 54,525,000 14-Jun-00 Moneypool Moneypool Roll 44,525,000 1 6.5420% 8,091.18 8,091.18 New 75,000 1 6.5420% 13.63 13.63 8,104.81 54,600,000 15-Jun-00 Moneypool Moneypool Roll 44,600,000 1 6.5420% 8,104.81 8,104.81 New 18,475,000 1 6.5420% 3,357.32 3,357.32 11,462.13 73,075,000 16-Jun-00 Moneypool Moneypool Roll 63,075,000 3 6.5420% 11,462.13 34,386.39 New 3,050,000 3 6.5420% 554.25 1,662.76 36,049.15 76,125,000 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 63,125,000 1 6.5420% 11,471.22 11,471.22 New 0 1 6.5420% 0.00 0.00 11,471.22 73,125,000 20-Jun-00 Moneypool Moneypool Roll 63,125,000 1 6.5420% 11,471.22 11,471.22 New 650,000 1 6.5420% 118.12 118.12 11,589.33 73,775,000 21-Jun-00 Moneypool Moneypool Roll 63,775,000 1 6.5420% 11,589.33 11,589.33 New 8,900,000 1 6.5420% 1,617.33 1,617.33 13,206.66 72,675,000 22-Jun-00 Moneypool Moneypool Roll 72,600,000 1 6.5420% 13,193.03 13,193.03 New 0 1 6.5420% 0.00 0.00 13,193.03 72,600,000 23-Jun-00 Moneypool Moneypool Roll 72,600,000 3 6.5420% 13,193.03 39,579.10 New 1,100,000 3 6.5420% 199.89 599.68 40,178.78 73,700,000 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 75,200,000 1 6.5420% 13,665.51 13,665.51 New 0 1 6.5420% 0.00 0.00 13,665.51 75,200,000 27-Jun-00 Moneypool Moneypool Roll 74,500,000 1 6.5420% 13,538.31 13,538.31 New 0 1 6.5420% 0.00 0.00 13,538.31 74,500,000 28-Jun-00 Moneypool Moneypool Roll 71,700,000 1 6.5420% 13,029.48 13,029.48 New 0 1 6.5420% 0.00 0.00 13,029.48 71,700,000 29-Jun-00 Moneypool Moneypool Roll 71,700,000 1 6.5420% 13,029.48 13,029.48 New 150,000 1 6.5420% 27.26 27.26 13,056.74 71,850,000 30-Jun-00 Moneypool Moneypool Roll 71,850,000 3 6.5420% 13,056.74 39,170.23 New 4,200,000 3 6.5420% 763.23 2,289.70 41,459.93 76,050,000 NEW ENGLAND ELECTRIC TRANSMISSION CORP. MONEYPOOL BORROWING Borrowing Number of Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 3,850,000 1 6.5080% 695.99 695.99 695.99 3,850,000 2-Apr-00 Moneypool Moneypool Roll 3,850,000 1 6.5080% 695.99 695.99 695.99 3,850,000 3-Apr-00 Moneypool Moneypool Roll 3,850,000 1 6.5080% 695.99 695.99 New 175,000 1 6.5080% 31.64 31.64 727.63 4,025,000 4-Apr-00 Moneypool Moneypool Roll 4,025,000 1 6.5080% 727.63 727.63 New 1 6.5080% 0.00 0.00 727.63 4,025,000 5-Apr-00 Moneypool Moneypool Roll 4,000,000 1 6.5080% 723.11 723.11 New 1 6.5080% 0.00 0.00 723.11 4,000,000 6-Apr-00 Moneypool Moneypool Roll 4,000,000 1 6.5080% 723.11 723.11 New 1 6.5080% 0.00 0.00 723.11 4,000,000 7-Apr-00 Moneypool Moneypool Roll 4,000,000 3 6.5080% 723.11 2,169.33 New 3 6.5080% 0.00 0.00 2,169.33 4,000,000 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 4,000,000 1 6.5080% 723.11 723.11 New 25,000 1 6.5080% 4.52 4.52 727.63 4,025,000 11-Apr-00 Moneypool Moneypool Roll 4,000,000 1 6.5080% 723.11 723.11 New 1 6.5080% 0.00 0.00 723.11 4,000,000 12-Apr-00 Moneypool Moneypool Roll 4,000,000 1 6.5080% 723.11 723.11 New 50,000 1 6.5080% 9.04 9.04 732.15 4,050,000 13-Apr-00 Moneypool Moneypool Roll 4,050,000 1 6.5080% 732.15 732.15 New 1 6.5080% 0.00 0.00 732.15 4,050,000 14-Apr-00 Moneypool Moneypool Roll 3,300,000 3 6.5080% 596.57 1,789.70 New 3 6.5080% 0.00 0.00 1,789.70 3,300,000 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 18-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 19-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 20-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 21-Apr-00 Moneypool Moneypool Roll 3,825,000 3 6.5080% 691.48 2,074.43 New 3 6.5080% 0.00 0.00 2,074.43 3,825,000 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 25-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 26-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 27-Apr-00 Moneypool Moneypool Roll 3,825,000 1 6.5080% 691.48 691.48 New 1 6.5080% 0.00 0.00 691.48 3,825,000 28-Apr-00 Moneypool Moneypool Roll 3,825,000 3 6.5080% 691.48 2,074.43 New 3 6.5080% 0.00 0.00 2,074.43 3,825,000 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 3,825,000 1 6.9460% 738.01 738.01 New 1 6.9460% 0.00 0.00 738.01 3,825,000 2-May-00 Moneypool Moneypool Roll 3,825,000 1 6.9460% 738.01 738.01 New 1 6.9460% 0.00 0.00 738.01 3,825,000 3-May-00 Moneypool Moneypool Roll 3,825,000 1 6.9460% 738.01 738.01 New 1 6.9460% 0.00 0.00 738.01 3,825,000 4-May-00 Moneypool Moneypool Roll 3,825,000 1 6.9460% 738.01 738.01 New 1 6.9460% 0.00 0.00 738.01 3,825,000 5-May-00 Moneypool Moneypool Roll 3,825,000 3 6.9460% 738.01 2,214.04 New 3 6.9460% 0.00 0.00 2,214.04 3,825,000 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 3,825,000 1 6.9460% 738.01 738.01 New 25,000 1 6.9460% 4.82 4.82 742.84 3,850,000 9-May-00 Moneypool Moneypool Roll 3,850,000 1 6.9460% 742.84 742.84 New 1 6.9460% 0.00 0.00 742.84 3,850,000 10-May-00 Moneypool Moneypool Roll 3,850,000 1 6.9460% 742.84 742.84 New 1 6.9460% 0.00 0.00 742.84 3,850,000 11-May-00 Moneypool Moneypool Roll 3,850,000 1 6.9460% 742.84 742.84 New 1 6.9460% 0.00 0.00 742.84 3,850,000 12-May-00 Moneypool Moneypool Roll 3,850,000 3 6.9460% 742.84 2,228.51 New 3 6.9460% 0.00 0.00 2,228.51 3,850,000 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 3,850,000 1 6.9460% 742.84 742.84 New 1 6.9460% 0.00 0.00 742.84 3,850,000 16-May-00 Moneypool Moneypool Roll 2,975,000 1 6.9460% 574.01 574.01 New 1 6.9460% 0.00 0.00 574.01 2,975,000 17-May-00 Moneypool Moneypool Roll 3,350,000 1 6.9460% 646.36 646.36 New 1 6.9460% 0.00 0.00 646.36 3,350,000 18-May-00 Moneypool Moneypool Roll 3,350,000 1 6.9460% 646.36 646.36 New 1 6.9460% 0.00 0.00 646.36 3,350,000 19-May-00 Moneypool Moneypool Roll 3,350,000 3 6.9460% 646.36 1,939.09 New 3 6.9460% 0.00 0.00 1,939.09 3,350,000 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 3,350,000 1 6.9460% 646.36 646.36 New 1 6.9460% 0.00 0.00 646.36 3,350,000 23-May-00 Moneypool Moneypool Roll 3,325,000 1 6.9460% 641.54 641.54 New 1 6.9460% 0.00 0.00 641.54 3,325,000 24-May-00 Moneypool Moneypool Roll 3,300,000 1 6.9460% 636.72 636.72 New 1 6.9460% 0.00 0.00 636.72 3,300,000 25-May-00 Moneypool Moneypool Roll 3,300,000 1 6.9460% 636.72 636.72 New 1 6.9460% 0.00 0.00 636.72 3,300,000 26-May-00 Moneypool Moneypool Roll 3,300,000 4 6.9460% 636.72 2,546.87 New 4 6.9460% 0.00 0.00 2,546.87 3,300,000 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 3,300,000 1 6.9460% 636.72 636.72 New 1 6.9460% 0.00 0.00 636.72 3,300,000 31-May-00 Moneypool Moneypool Roll 3,300,000 1 6.9460% 636.72 636.72 New 1 6.9460% 0.00 0.00 636.72 3,300,000 1-Jun-00 Moneypool Moneypool Roll 3,300,000 1 7.0650% 647.63 647.63 New 1 7.0650% 0.00 0.00 647.63 3,300,000 2-Jun-00 Moneypool Moneypool Roll 3,300,000 3 7.0650% 647.63 1,942.88 New 50,000 3 7.0650% 9.81 29.44 1,972.31 3,350,000 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 3,350,000 1 7.0650% 657.44 657.44 New 1 7.0650% 0.00 0.00 657.44 3,350,000 6-Jun-00 Moneypool Moneypool Roll 3,350,000 1 7.0650% 657.44 657.44 New 1 7.0650% 0.00 0.00 657.44 3,350,000 7-Jun-00 Moneypool Moneypool Roll 3,350,000 1 7.0650% 657.44 657.44 New 1 7.0650% 0.00 0.00 657.44 3,350,000 8-Jun-00 Moneypool Moneypool Roll 3,350,000 1 7.0650% 657.44 657.44 New 25,000 1 7.0650% 4.91 4.91 662.34 3,375,000 9-Jun-00 Moneypool Moneypool Roll 3,375,000 3 7.0650% 662.34 1,987.03 New 3 7.0650% 0.00 0.00 1,987.03 3,375,000 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 3,375,000 1 7.0650% 662.34 662.34 New 1 7.0650% 0.00 0.00 662.34 3,375,000 13-Jun-00 Moneypool Moneypool Roll 3,375,000 1 7.0650% 662.34 662.34 New 1 7.0650% 0.00 0.00 662.34 3,375,000 14-Jun-00 Moneypool Moneypool Roll 3,375,000 1 7.0650% 662.34 662.34 New 1 7.0650% 0.00 0.00 662.34 3,375,000 15-Jun-00 Moneypool Moneypool Roll 3,375,000 1 7.0650% 662.34 662.34 New 350,000 1 7.0650% 68.69 68.69 731.03 3,725,000 16-Jun-00 Moneypool Moneypool Roll 3,725,000 3 7.0650% 731.03 2,193.09 New 475,000 3 7.0650% 93.22 279.66 2,472.75 4,200,000 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 20-Jun-00 Moneypool Moneypool Roll 4,100,000 1 7.0650% 804.63 804.63 New 1 7.0650% 0.00 0.00 804.63 4,100,000 21-Jun-00 Moneypool Moneypool Roll 4,100,000 1 7.0650% 804.63 804.63 New 125,000 1 7.0650% 24.53 24.53 829.16 4,225,000 22-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 23-Jun-00 Moneypool Moneypool Roll 4,225,000 3 7.0650% 829.16 2,487.47 New 3 7.0650% 0.00 0.00 2,487.47 4,225,000 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 27-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 28-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 29-Jun-00 Moneypool Moneypool Roll 4,225,000 1 7.0650% 829.16 829.16 New 1 7.0650% 0.00 0.00 829.16 4,225,000 30-Jun-00 Moneypool Moneypool Roll 4,275,000 3 7.0650% 838.97 2,516.91 New 3 7.0650% 0.00 0.00 2,516.91 4,275,000 NATIONAL GRID USA SERVICE COMPANY MONEYPOOL BORROWING Borrowing Number of Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 400,000 1 6.5080% 72.31 72.31 72.31 400,000 2-Apr-00 Moneypool Moneypool Roll 400,000 1 6.5080% 72.31 72.31 72.31 400,000 3-Apr-00 Moneypool Moneypool Roll 400,000 1 6.5080% 72.31 72.31 New 1,325,000 1 6.5080% 239.53 239.53 311.84 1,725,000 4-Apr-00 Moneypool Moneypool Roll 1,725,000 1 6.5080% 311.84 311.84 New 1,575,000 1 6.5080% 284.73 284.73 596.57 3,300,000 5-Apr-00 Moneypool Moneypool Roll 3,300,000 1 6.5080% 596.57 596.57 New 900,000 1 6.5080% 162.70 162.70 759.27 4,200,000 6-Apr-00 Moneypool Moneypool Roll 4,200,000 1 6.5080% 759.27 759.27 New 150,000 1 6.5080% 27.12 27.12 786.38 4,350,000 7-Apr-00 Moneypool Moneypool Roll 4,350,000 3 6.5080% 786.38 2,359.15 New 2,600,000 3 6.5080% 470.02 1,410.07 3,769.22 6,950,000 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 6,950,000 1 6.5080% 1,256.41 1,256.41 New 900,000 1 6.5080% 162.70 162.70 1,419.11 7,850,000 11-Apr-00 Moneypool Moneypool Roll 7,850,000 1 6.5080% 1,419.11 1,419.11 New 275,000 1 6.5080% 49.71 49.71 1,468.82 8,125,000 12-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 0.00 0 13-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 0.00 0 14-Apr-00 Moneypool Moneypool Roll 0 3 6.5080% 0.00 0.00 0.00 0 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 0.00 0 18-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 0.00 0 19-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 0.00 0 20-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 0.00 0 21-Apr-00 Moneypool Moneypool Roll 0 3 0.0000% 0.00 0.00 0.00 0 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 1 0.0000% 0.00 0.00 0.00 0 25-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 1 0.0000% 0.00 0.00 0.00 0 26-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 1 0.0000% 0.00 0.00 0.00 0 27-Apr-00 Moneypool Moneypool Roll 0 1 0.0000% 0.00 0.00 1 0.0000% 0.00 0.00 0.00 0 28-Apr-00 Moneypool Moneypool Roll 0 3 0.0000% 0.00 0.00 3 0.0000% 0.00 0.00 0.00 0 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 3,800,000 1 6.9460% 733.19 733.19 733.19 3,800,000 2-May-00 Moneypool Moneypool Roll 3,800,000 1 6.9460% 733.19 733.19 New 1,050,000 1 6.9460% 202.59 202.59 935.78 4,850,000 3-May-00 Moneypool Moneypool Roll 4,850,000 1 6.9460% 935.78 935.78 New 450,000 1 6.9460% 86.83 86.83 1,022.61 5,300,000 4-May-00 Moneypool Moneypool Roll 5,300,000 1 6.9460% 1,022.61 1,022.61 New 400,000 1 6.9460% 77.18 77.18 1,099.78 5,700,000 5-May-00 Moneypool Moneypool Roll 5,700,000 3 6.9460% 1,099.78 3,299.35 New 525,000 3 6.9460% 101.30 303.89 3,603.24 6,225,000 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 6,225,000 1 6.9460% 1,201.08 1,201.08 New 2,275,000 1 6.9460% 438.95 438.95 1,640.03 8,500,000 9-May-00 Moneypool Moneypool Roll 8,500,000 1 6.9460% 1,640.03 1,640.03 New 1,950,000 1 6.9460% 376.24 376.24 2,016.27 10,450,000 10-May-00 Moneypool Moneypool Roll 10,450,000 1 6.9460% 2,016.27 2,016.27 New 50,000 1 6.9460% 9.65 9.65 2,025.92 10,500,000 11-May-00 Moneypool Moneypool Roll 7,375,000 1 6.9460% 1,422.97 1,422.97 New 1 6.9460% 0.00 0.00 1,422.97 7,375,000 12-May-00 Moneypool Moneypool Roll 3,925,000 3 6.9460% 757.31 2,271.92 New 3 6.9460% 0.00 0.00 2,271.92 3,925,000 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 3,925,000 1 6.9460% 757.31 757.31 New 1,250,000 1 6.9460% 241.18 241.18 998.49 5,175,000 16-May-00 Moneypool Moneypool Roll 1,100,000 1 6.9460% 212.24 212.24 New 1 6.9460% 0.00 0.00 212.24 1,100,000 17-May-00 Moneypool Moneypool Roll 1,100,000 1 6.9460% 212.24 212.24 New 300,000 1 6.9460% 57.88 57.88 270.12 1,400,000 18-May-00 Moneypool Moneypool Roll 1,400,000 1 6.9460% 270.12 270.12 New 225,000 1 6.9460% 43.41 43.41 313.53 1,625,000 19-May-00 Moneypool Moneypool Roll 1,625,000 3 6.9460% 313.53 940.60 New 3,775,000 3 6.9460% 728.37 2,185.10 3,125.70 5,400,000 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 5,075,000 1 6.9460% 979.19 979.19 New 1 6.9460% 0.00 0.00 979.19 5,075,000 23-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 1 6.9460% 0.00 0.00 0.00 0 24-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 1 6.9460% 0.00 0.00 0.00 0 25-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 1 6.9460% 0.00 0.00 0.00 0 26-May-00 Moneypool Moneypool Roll 0 4 6.9460% 0.00 0.00 New 4 6.9460% 0.00 0.00 0.00 0 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 1 6.9460% 0.00 0.00 0.00 0 31-May-00 Moneypool Moneypool Roll 0 1 6.9460% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 1-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 2-Jun-00 Moneypool Moneypool Roll 0 3 7.0650% 0.00 0.00 New 875,000 3 7.0650% 171.72 515.16 515.16 875,000 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 875,000 1 7.0650% 171.72 171.72 New 1,150,000 1 7.0650% 225.69 225.69 397.41 2,025,000 6-Jun-00 Moneypool Moneypool Roll 2,025,000 1 7.0650% 397.41 397.41 New 400,000 1 7.0650% 78.50 78.50 475.91 2,425,000 7-Jun-00 Moneypool Moneypool Roll 2,425,000 1 7.0650% 475.91 475.91 New 700,000 1 7.0650% 137.38 137.38 613.28 3,125,000 8-Jun-00 Moneypool Moneypool Roll 3,125,000 1 7.0650% 613.28 613.28 New 300,000 1 7.0650% 58.88 58.88 672.16 3,425,000 9-Jun-00 Moneypool Moneypool Roll 50,000 3 7.0650% 9.81 29.44 New 3 7.0650% 0.00 0.00 29.44 50,000 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 50,000 1 7.0650% 9.81 9.81 New 1,075,000 1 7.0650% 210.97 210.97 220.78 1,125,000 13-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 14-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 15-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 2,225,000 1 7.0650% 436.66 436.66 436.66 2,225,000 16-Jun-00 Moneypool Moneypool Roll 0 3 7.0650% 0.00 0.00 New 3 7.0650% 0.00 0.00 0.00 0 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 20-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 21-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1 7.0650% 0.00 0.00 0.00 0 22-Jun-00 Moneypool Moneypool Roll 0 1 7.0650% 0.00 0.00 New 1,750,000 1 7.0650% 343.44 343.44 343.44 1,750,000 23-Jun-00 Moneypool Moneypool Roll 0 3 7.0650% 0.00 0.00 New 1,150,000 3 7.0650% 225.69 677.06 677.06 1,150,000 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 1,150,000 1 7.0650% 225.69 225.69 New 1,625,000 1 7.0650% 318.91 318.91 544.59 2,775,000 27-Jun-00 Moneypool Moneypool Roll 2,775,000 1 7.0650% 544.59 544.59 New 425,000 1 7.0650% 83.41 83.41 628.00 3,200,000 28-Jun-00 Moneypool Moneypool Roll 3,200,000 1 7.0650% 628.00 628.00 New 325,000 1 7.0650% 63.78 63.78 691.78 3,525,000 29-Jun-00 Moneypool Moneypool Roll 3,525,000 1 7.0650% 691.78 691.78 New 375,000 1 7.0650% 73.59 73.59 765.38 3,900,000 30-Jun-00 Moneypool Moneypool Roll 3,900,000 3 7.0650% 765.38 2,296.13 New 900,000 3 7.0650% 176.63 529.88 2,826.00 4,800,000 NANTUCKET MONEYPOOL BORROWING Borrowing Number of Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 25,000 1 6.5080% 4.52 4.52 4.52 25,000 2-Apr-00 Moneypool Moneypool Roll 25,000 1 6.5080% 4.52 4.52 4.52 25,000 3-Apr-00 Moneypool Moneypool Roll 25,000 1 6.5080% 4.52 4.52 New 1 6.5080% 0.00 0.00 4.52 25,000 4-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 0 1 6.5080% 0.00 0.00 0.00 0 5-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 1 6.5080% 0.00 0.00 0.00 0 6-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 1 6.5080% 0.00 0.00 0.00 0 7-Apr-00 Moneypool Moneypool Roll 0 3 6.5080% 0.00 0.00 New 3 6.5080% 0.00 0.00 0.00 0 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 1 6.5080% 0.00 0.00 0.00 0 11-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 1 6.5080% 0.00 0.00 0.00 0 12-Apr-00 Moneypool Moneypool Roll 0 1 6.5080% 0.00 0.00 New 100,000 1 6.5080% 18.08 18.08 18.08 100,000 13-Apr-00 Moneypool Moneypool Roll 50,000 1 6.5080% 9.04 9.04 New 1 6.5080% 0.00 0.00 9.04 50,000 14-Apr-00 Moneypool Moneypool Roll 50,000 3 6.5080% 9.04 27.12 New 150,000 3 6.5080% 27.12 81.35 108.47 200,000 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 200,000 1 6.5080% 36.16 36.16 New 25,000 1 6.5080% 4.52 4.52 40.68 225,000 18-Apr-00 Moneypool Moneypool Roll 225,000 1 6.5080% 40.68 40.68 New 1 6.5080% 0.00 0.00 40.68 225,000 19-Apr-00 Moneypool Moneypool Roll 175,000 1 6.5080% 31.64 31.64 New 1 6.5080% 0.00 0.00 31.64 175,000 20-Apr-00 Moneypool Moneypool Roll 175,000 1 6.5080% 31.64 31.64 New 175,000 1 6.5080% 31.64 31.64 63.27 350,000 21-Apr-00 Moneypool Moneypool Roll 300,000 3 6.5080% 54.23 162.70 New 3 6.5080% 0.00 0.00 162.70 300,000 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 300,000 1 6.5080% 54.23 54.23 New 125,000 1 6.5080% 22.60 22.60 76.83 425,000 25-Apr-00 Moneypool Moneypool Roll 425,000 1 6.5080% 76.83 76.83 New 1 6.5080% 0.00 0.00 76.83 425,000 26-Apr-00 Moneypool Moneypool Roll 225,000 1 6.5080% 40.68 40.68 New 1 6.5080% 0.00 0.00 40.68 225,000 27-Apr-00 Moneypool Moneypool Roll 175,000 1 6.5080% 31.64 31.64 New 1 6.5080% 0.00 0.00 31.64 175,000 28-Apr-00 Moneypool Moneypool Roll 175,000 3 6.5080% 31.64 94.91 New 175,000 3 6.5080% 31.64 94.91 189.82 350,000 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 350,000 1 6.9460% 67.53 67.53 New 1 6.9460% 0.00 0.00 67.53 350,000 2-May-00 Moneypool Moneypool Roll 300,000 1 6.9460% 57.88 57.88 New 1 6.9460% 0.00 0.00 57.88 300,000 3-May-00 Moneypool Moneypool Roll 300,000 1 6.9460% 57.88 57.88 New 1 6.9460% 0.00 0.00 57.88 300,000 4-May-00 Moneypool Moneypool Roll 150,000 1 6.9460% 28.94 28.94 New 1 6.9460% 0.00 0.00 28.94 150,000 5-May-00 Moneypool Moneypool Roll 150,000 3 6.9460% 28.94 86.83 New 3 6.9460% 0.00 0.00 86.83 150,000 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 150,000 1 6.9460% 28.94 28.94 New 25,000 1 6.9460% 4.82 4.82 33.77 175,000 9-May-00 Moneypool Moneypool Roll 150,000 1 6.9460% 28.94 28.94 New 1 6.9460% 0.00 0.00 28.94 150,000 10-May-00 Moneypool Moneypool Roll 75,000 1 6.9460% 14.47 14.47 New 1 6.9460% 0.00 0.00 14.47 75,000 11-May-00 Moneypool Moneypool Roll 75,000 1 6.9460% 14.47 14.47 New 50,000 1 6.9460% 9.65 9.65 24.12 125,000 12-May-00 Moneypool Moneypool Roll 125,000 3 6.9460% 24.12 72.35 New 100,000 3 6.9460% 19.29 57.88 130.24 225,000 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 225,000 1 6.9460% 43.41 43.41 New 1 6.9460% 0.00 0.00 43.41 225,000 16-May-00 Moneypool Moneypool Roll 225,000 1 6.9460% 43.41 43.41 New 50,000 1 6.9460% 9.65 9.65 53.06 275,000 17-May-00 Moneypool Moneypool Roll 250,000 1 6.9460% 48.24 48.24 New 1 6.9460% 0.00 0.00 48.24 250,000 18-May-00 Moneypool Moneypool Roll 225,000 1 6.9460% 43.41 43.41 New 1 6.9460% 0.00 0.00 43.41 225,000 19-May-00 Moneypool Moneypool Roll 225,000 3 6.9460% 43.41 130.24 New 450,000 3 6.9460% 86.83 260.48 390.71 675,000 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 675,000 1 6.9460% 130.24 130.24 New 75,000 1 6.9460% 14.47 14.47 144.71 750,000 23-May-00 Moneypool Moneypool Roll 750,000 1 6.9460% 144.71 144.71 New 50,000 1 6.9460% 9.65 9.65 154.36 800,000 24-May-00 Moneypool Moneypool Roll 800,000 1 6.9460% 154.36 154.36 New 0 1 6.9460% 0.00 0.00 154.36 800,000 25-May-00 Moneypool Moneypool Roll 750,000 1 6.9460% 144.71 144.71 New 1 6.9460% 0.00 0.00 144.71 750,000 26-May-00 Moneypool Moneypool Roll 750,000 4 6.9460% 144.71 578.83 New 4 6.9460% 0.00 0.00 578.83 750,000 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 750,000 1 6.9460% 144.71 144.71 New 100,000 1 6.9460% 19.29 19.29 164.00 850,000 31-May-00 Moneypool Moneypool Roll 850,000 1 6.9460% 164.00 164.00 New 1 6.9460% 0.00 0.00 164.00 850,000 1-Jun-00 Moneypool Moneypool Roll 775,000 1 7.0650% 152.09 152.09 New 1 7.0650% 0.00 0.00 152.09 775,000 2-Jun-00 Moneypool Moneypool Roll 775,000 3 7.0650% 152.09 456.28 New 3 7.0650% 0.00 0.00 456.28 775,000 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 800,000 1 7.0650% 157.00 157.00 New 1 7.0650% 0.00 0.00 157.00 800,000 6-Jun-00 Moneypool Moneypool Roll 725,000 1 7.0650% 142.28 142.28 New 1 7.0650% 0.00 0.00 142.28 725,000 7-Jun-00 Moneypool Moneypool Roll 675,000 1 7.0650% 132.47 132.47 New 1 7.0650% 0.00 0.00 132.47 675,000 8-Jun-00 Moneypool Moneypool Roll 675,000 1 7.0650% 132.47 132.47 New 1 7.0650% 0.00 0.00 132.47 675,000 9-Jun-00 Moneypool Moneypool Roll 675,000 3 7.0650% 132.47 397.41 New 175,000 3 7.0650% 34.34 103.03 500.44 850,000 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 850,000 1 7.0650% 166.81 166.81 New 1 7.0650% 0.00 0.00 166.81 850,000 13-Jun-00 Moneypool Moneypool Roll 850,000 1 7.0650% 166.81 166.81 New 1 7.0650% 0.00 0.00 166.81 850,000 14-Jun-00 Moneypool Moneypool Roll 675,000 1 7.0650% 132.47 132.47 New 1 7.0650% 0.00 0.00 132.47 675,000 15-Jun-00 Moneypool Moneypool Roll 675,000 1 7.0650% 132.47 132.47 New 75,000 1 7.0650% 14.72 14.72 147.19 750,000 16-Jun-00 Moneypool Moneypool Roll 750,000 3 7.0650% 147.19 441.56 New 25,000 3 7.0650% 4.91 14.72 456.28 775,000 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 725,000 1 7.0650% 142.28 142.28 New 1 7.0650% 0.00 0.00 142.28 725,000 20-Jun-00 Moneypool Moneypool Roll 725,000 1 7.0650% 142.28 142.28 New 1 7.0650% 0.00 0.00 142.28 725,000 21-Jun-00 Moneypool Moneypool Roll 700,000 1 7.0650% 137.38 137.38 New 1 7.0650% 0.00 0.00 137.38 700,000 22-Jun-00 Moneypool Moneypool Roll 700,000 1 7.0650% 137.38 137.38 New 50,000 1 7.0650% 9.81 9.81 147.19 750,000 23-Jun-00 Moneypool Moneypool Roll 725,000 3 7.0650% 142.28 426.84 New 3 7.0650% 0.00 0.00 426.84 725,000 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 725,000 1 7.0650% 142.28 142.28 New 50,000 1 7.0650% 9.81 9.81 152.09 775,000 27-Jun-00 Moneypool Moneypool Roll 775,000 1 7.0650% 152.09 152.09 New 1 7.0650% 0.00 0.00 152.09 775,000 28-Jun-00 Moneypool Moneypool Roll 775,000 1 7.0650% 152.09 152.09 New 25,000 1 7.0650% 4.91 4.91 157.00 800,000 29-Jun-00 Moneypool Moneypool Roll 800,000 1 7.0650% 157.00 157.00 New 1 7.0650% 0.00 0.00 157.00 800,000 30-Jun-00 Moneypool Moneypool Roll 725,000 3 7.0650% 142.28 426.84 New 3 7.0650% 0.00 0.00 426.84 725,000 NEP SHORT-TERM DEBT Borrowing Number Nominal Effective Daily Total Total Date Type DEALER New/Roll Amount of Days Rate Rate Proceeds Interest Interest Outstanding Balance Forward @ 3/31/00 $38,500,000 1-Apr-00 2-Apr-00 3-Apr-00 $38,500,000 4-Apr-00 $38,500,000 5-Apr-00 $38,500,000 6-Apr-00 $38,500,000 7-Apr-00 $38,500,000 8-Apr-00 9-Apr-00 10-Apr-00 $38,500,000 11-Apr-00 $38,500,000 12-Apr-00 $38,500,000 13-Apr-00 $38,500,000 14-Apr-00 $38,500,000 15-Apr-00 16-Apr-00 17-Apr-00 $38,500,000 18-Apr-00 $38,500,000 19-Apr-00 $38,500,000 20-Apr-00 $38,500,000 21-Apr-00 $38,500,000 22-Apr-00 23-Apr-00 24-Apr-00 $38,500,000 25-Apr-00 $38,500,000 26-Apr-00 $38,500,000 27-Apr-00 $38,500,000 28-Apr-00 $38,500,000 29-Apr-00 30-Apr-00 1-May-00 $38,500,000 2-May-00 $38,500,000 3-May-00 $38,500,000 4-May-00 $38,500,000 5-May-00 $38,500,000 6-May-00 7-May-00 8-May-00 $38,500,000 9-May-00 $38,500,000 10-May-00 $38,500,000 11-May-00 $38,500,000 12-May-00 $38,500,000 13-May-00 14-May-00 15-May-00 $38,500,000 16-May-00 $38,500,000 17-May-00 $38,500,000 18-May-00 $38,500,000 19-May-00 $38,500,000 20-May-00 21-May-00 22-May-00 $38,500,000 23-May-00 $38,500,000 24-May-00 $38,500,000 25-May-00 $38,500,000 26-May-00 $38,500,000 27-May-00 28-May-00 29-May-00 30-May-00 $38,500,000 31-May-00 $38,500,000 1-Jun-00 $38,500,000 2-Jun-00 $38,500,000 3-Jun-00 4-Jun-00 5-Jun-00 $38,500,000 6-Jun-00 $38,500,000 7-Jun-00 $38,500,000 8-Jun-00 $38,500,000 9-Jun-00 $38,500,000 10-Jun-00 11-Jun-00 12-Jun-00 $38,500,000 13-Jun-00 $38,500,000 14-Jun-00 $38,500,000 15-Jun-00 $38,500,000 15-Jun-00 $38,500,000 16-Jun-00 17-Jun-00 18-Jun-00 19-Jun-00 $38,500,000 20-Jun-00 $38,500,000 21-Jun-00 $38,500,000 21-Jun-00 $38,500,000 22-Jun-00 $38,500,000 23-Jun-00 $38,500,000 24-Jun-00 25-Jun-00 26-Jun-00 $38,500,000 27-Jun-00 CP MERRILL NEW 14,000,000 1 6.6700% 6.6712% 13,997,406.11 $2,593.89 $2,593.89 27-Jun-00 CP MERRILL NEW 130,000,000 2 6.6700% 6.6725% 129,951,827.78 $24,086.11 $48,172.22 $182,500,000 28-Jun-00 CP MERRILL ROLL 14,000,000 1 6.6700% 6.6712% 13,997,406.11 $2,593.89 $2,593.89 28-Jun-00 CP MERRILL NEW 1,900,000 1 6.6700% 6.6712% 1,899,647.97 $352.03 $352.03 $184,400,000 29-Jun-00 CP MERRILL ROLL 35,000,000 6 6.9500% 6.9581% 34,959,458.33 $6,756.94 $40,541.67 29-Jun-00 CP MERRILL ROLL 10,000,000 1 6.6700% 6.6712% 9,998,147.22 $1,852.78 $1,852.78 $83,500,000 29-Jun-00 ADVANCE PARENT NEW 100,000,000 364 0.0000% 0.0000% 100,000,000.00 $0.00 $0.00 $183,500,000 30-Jun-00 CP MERRILL ROLL 10,000,000 6 7.0300% 7.0382% 9,988,283.33 $1,952.78 $11,716.67 30-Jun-00 CP MERRILL NEW 13,050,000 6 7.0300% 7.0382% 13,034,709.75 $2,548.38 $15,290.25 $196,550,000 Short term debt outstanding at 6/30/00 $196,550,000 On June 29, 2000 National Grid USA, the Company's parent advanced $100,000,000 in the form of a non-interest bearing 364 day Open Account Advance. NEP MONEYPOOL BORROWING Borrowing Number of Interest Daily Total Total Int. Total Date Type Bank New/Roll Amount Days Rate Interest Interest Per day Outstanding 1-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 0.00 0 2-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 0.00 0 3-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 4-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 5-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 6-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 7-Apr-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 8-Apr-00 9-Apr-00 10-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 11-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 12-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 13-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 14-Apr-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 15-Apr-00 16-Apr-00 17-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 18-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 19-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 20-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 21-Apr-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 22-Apr-00 23-Apr-00 24-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 25-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 26-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 27-Apr-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 28-Apr-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 29-Apr-00 30-Apr-00 1-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 2-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 3-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 4-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 5-May-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 6-May-00 7-May-00 8-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 9-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 10-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 11-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 12-May-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 13-May-00 14-May-00 15-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 16-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 17-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 18-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 19-May-00 Moneypool Moneypool Roll 3 0.0000% 0.00 0.00 New 3 0.0000% 0.00 0.00 0.00 0 20-May-00 21-May-00 22-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 23-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 24-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 25-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 26-May-00 Moneypool Moneypool Roll 4 0.0000% 0.00 0.00 New 4 0.0000% 0.00 0.00 0.00 0 27-May-00 28-May-00 29-May-00 30-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 0.0000% 0.00 0.00 0.00 0 31-May-00 Moneypool Moneypool Roll 1 0.0000% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 1-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 2-Jun-00 Moneypool Moneypool Roll 3 6.5400% 0.00 0.00 New 3 6.5400% 0.00 0.00 0.00 0 3-Jun-00 4-Jun-00 5-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 6-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 7-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 8-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 9-Jun-00 Moneypool Moneypool Roll 3 6.5400% 0.00 0.00 New 3 6.5400% 0.00 0.00 0.00 0 10-Jun-00 11-Jun-00 12-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 13-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 14-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 15-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 16-Jun-00 Moneypool Moneypool Roll 3 6.5400% 0.00 0.00 New 3 6.5400% 0.00 0.00 0.00 0 17-Jun-00 18-Jun-00 19-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 20-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 21-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 22-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 23-Jun-00 Moneypool Moneypool Roll 3 6.5400% 0.00 0.00 New 3 6.5400% 0.00 0.00 0.00 0 24-Jun-00 25-Jun-00 26-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1 6.5400% 0.00 0.00 0.00 0 27-Jun-00 Moneypool Moneypool Roll 1 6.5400% 0.00 0.00 New 1,750,000 1 6.5400% 317.92 317.92 317.92 1,750,000 28-Jun-00 Moneypool Moneypool Roll 0 1 6.5400% 0.00 0.00 New 0 1 6.5400% 0.00 0.00 0.00 0 29-Jun-00 Moneypool Moneypool Roll 0 1 6.5400% 0.00 0.00 New 0 1 6.5400% 0.00 0.00 0.00 0 30-Jun-00 Moneypool Moneypool Roll 0 3 6.5400% 0.00 0.00 New 0 3 6.5400% 0.00 0.00 0.00 0 NATIONAL GRID USA COMMERCIAL PAPER Borrowing Number of Nominal Effective Daily Total Total Date Type DEALER New/Roll Amount Days Rate Rate Proceeds Interest Interest Outstanding Balance Forward @3/31/00 $0 1-Apr-00 2-Apr-00 3-Apr-00 $0 4-Apr-00 5-Apr-00 6-Apr-00 7-Apr-00 8-Apr-00 9-Apr-00 10-Apr-00 11-Apr-00 12-Apr-00 13-Apr-00 14-Apr-00 15-Apr-00 16-Apr-00 17-Apr-00 18-Apr-00 19-Apr-00 20-Apr-00 21-Apr-00 22-Apr-00 23-Apr-00 24-Apr-00 25-Apr-00 26-Apr-00 27-Apr-00 28-Apr-00 29-Apr-00 30-Apr-00 1-May-00 2-May-00 3-May-00 4-May-00 5-May-00 6-May-00 7-May-00 8-May-00 9-May-00 10-May-00 11-May-00 12-May-00 13-May-00 14-May-00 15-May-00 16-May-00 17-May-00 18-May-00 19-May-00 20-May-00 21-May-00 22-May-00 23-May-00 24-May-00 25-May-00 26-May-00 27-May-00 28-May-00 29-May-00 30-May-00 31-May-00 1-Jun-00 2-Jun-00 3-Jun-00 4-Jun-00 5-Jun-00 6-Jun-00 7-Jun-00 8-Jun-00 9-Jun-00 10-Jun-00 11-Jun-00 12-Jun-00 13-Jun-00 14-Jun-00 15-Jun-00 CP MERRILL NEW 15,000,000 1 6.7000% 6.7012% 14,997,208.33 $2,791.67 $2,791.67 15-Jun-00 CP MERRILL NEW 31,100,000 6 6.6500% 6.6574% 31,065,530.83 $5,744.86 $34,469.17 $46,100,000 16-Jun-00 CP MERRILL ROLL 11,100,000 3 6.5000% 6.5035% 11,093,987.50 $2,004.17 $6,012.50 $42,200,000 17-Jun-00 18-Jun-00 19-Jun-00 $31,100,000 20-Jun-00 $31,100,000 21-Jun-00 CP MERRILL ROLL 31,100,000 1 6.5500% 6.5512% 31,094,341.53 $5,658.47 $5,658.47 21-Jun-00 CP MERRILL NEW 15,700,000 1 6.5500% 6.5512% 15,697,143.47 $2,856.53 $2,856.53 $46,800,000 22-Jun-00 CP MERRILL ROLL 31,800,000 4 6.5500% 6.5548% 31,776,856.67 $5,785.83 $23,143.33 22-Jun-00 CP MERRILL ROLL 9,800,000 1 6.5500% 6.5512% 9,798,216.94 $1,783.06 $1,783.06 $41,600,000 23-Jun-00 CP MERRILL ROLL 9,800,000 5 6.5700% 6.5760% 9,791,057.50 $1,788.50 $8,942.50 23-Jun-00 CP MERRILL NEW 6,900,000 5 6.5500% 6.5560% 6,893,722.92 $1,255.42 $6,277.08 $48,500,000 24-Jun-00 25-Jun-00 26-Jun-00 CP MERRILL ROLL 31,800,000 2 6.00% 6.0020% 31,789,400.00 $5,300.00 $10,600.00 26-Jun-00 CP MERRILL NEW 22,000,000 1 6.62% 6.6212% 21,995,954.44 $4,045.56 $4,045.56 $70,500,000 27-Jun-00 CP MERRILL ROLL 17,600,000 2 6.67% 6.6725% 17,593,478.22 $3,260.89 $6,521.78 $66,100,000 28-Jun-00 CP MERRILL ROLL 48,500,000 1 6.67% 6.6712% 48,491,014.03 $8,985.97 $8,985.97 28-Jun-00 CP MERRILL NEW 24,850,000 1 6.67% 6.6712% 24,845,395.85 $4,604.15 $4,604.15 $90,950,000 29-Jun-00 CP MERRILL ROLL 1,300,000 1 6.67% 6.6712% 1,299,759.14 $240.86 $240.86 $1,300,000 30-Jun-00 CP MERRILL ROLL 1,300,000 3 7.10% 7.1042% 1,299,230.83 $256.39 $769.17 30-Jun-00 CP MERRILL NEW 6,800,000 3 7.10% 7.1042% 6,795,976.67 $1,341.11 $4,023.33 $8,100,000 GRANITE STATE ELECTRIC COMPANY BORROWING LOG Borrowing Number of Nominal Effective Daily Total Total Date Type DEALER New/Roll Amount Days Rate Rate Proceeds Interest Interest Outstanding BEGINNING TOTAL @ 4/1/00 $0
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