Please be our guest!

A Roundtable on Electricity:

Real Time Pricing

Thursday, March 14, 2002, 1:00 - 2:30 p.m.

Capital Conference Center

201 N. Illinois St., 2^nd Floor

Indianapolis, Indiana

Presentations by members of INDIEC

who are engaged in electricity issues on a day-to-day basis

for and on behalf of their companies.

RSVP to Kay Squires on or before Monday, March 11

Tel: (317) 639-1210 or Email: Ksquires@lewis-kappes.com

A Roundtable on Electricity

Real Time Pricing: Retail Side

Ø Options & Expectations

Ø Demand Baseline vs. Use

Ø Day Ahead pricing

Ø Risk and Reward

Presenters:

Jim Hoyt, A.E. Staley Manufacturing Company Jim has worked most of his 15 year career for A.E. Staley in a variety of roles including process engineering, boilerhouse operations, and environmental engineering. He holds a Ceramic Engineering Degree from the University of Illinois. Jim is currently responsible for company-wide energy procurement activities and co-manages corporate environmental programs.

John Seaman, Ispat Inland, Inc. John became Energy Supply Manager at Ispat Inland, Inc. in May, 2000 and is responsible for natural gas, power, industrial gases, acid, and fuel oil purchases for three plants. Assignments during his 18 years at Inland include maintenance, construction, engineering, operations, and purchasing. John has a Mechanical Engineering Degree from Purdue University and an MBA from the University of Chicago.

Real Time Pricing: Wholesale Side

Ø Markets (bilateral and visible)

Ø Load “Modulation” Opportunities

Ø Risk and Reward

Walt Brockway, ALCOA Walt joined the ALCOA Energy Team in November, 2000 as its Energy Electrical Services Specialist. Of his 17 years with ALCOA, he served 16 years as Power Engineer followed by Power and Engineering Manager for Massena NY Smelting Operations. He is a licensed Professional Engineer, and holds a B.S. and M.S. in electrical engineering.