1. California Independent System Operator 1 tmw/ 060502 California ISO Update on RTO Request for Designation as Regional Transmission Organization (RTO) WECC Board of Directors Meeting June 5, 2002 Terry M. Winter President & Chief Executive Officer

2. California Independent System Operator 2 tmw/ 060502 RTO Minimum Characteristics & Functions Core Characteristics (4) –independence, –appropriate scope & regional configuration, –adequate operational authority, and –responsibility for short- term reliability Key Functions (8) –tariff administration & design –ancillary services –congestion management –OASIS & determining ATC –market monitoring –procedures to address parallel path flow issues –planning & expansion –interregional coordination

3. California Independent System Operator 3 tmw/ 060502 RTO Submission to FERC Filed – June 1, 2001 Decision - ?

4. California Independent System Operator 4 tmw/ 060502 Conformance with FERC Standard Market Design