1. Recommendation of the Texas Test Plan Team and RMS to the TAC October 9, 2003

2. TTPT Adopted Flight Schedules for 4 Test Flights in 2004  V1.6-0104 (Testing New Market Participants in TX SET Version 1.6) Connectivity to start Dec 19, 2003 (to avoid Christmas/New Years) Jan 12, 2004 - Feb 20, 2004 (6 weeks for scripts)  V1.6-0304 (Testing New Market Participants in TX SET Version 1.6) Connectivity to start Feb 20 March 15, 2004 - Apr. 23, 2004 (6 weeks for scripts)  V2.0-0504 (Full Market Test of TX SET Version 2.0 Connectivity to start April 16 May 17, 2004 - July 23, 2004 (10 weeks for scripts) Version 2.0 Production Implementation Date(RMS Approved) August 1, 2004  V2.0-0904 (Testing New Market Participants in TX SET Version 2.0) Connectivity to start Aug. 20 Sept 13, 2004 - Nov. 19, 2004 (10 weeks for scripts)

3. Flight Schedules for V1.6 Test Flights in 2004

4. Flight Schedules for V2.0 Test Flights in 2004

5. Proposed Resolution for Test Flights for 2004 The TAC approve the Market Testing Flight Schedules for Flights V1.6-0104, V1.6- 0304, Version 2.0 (0504) and V2.0-0904 as adopted by the TTPT and approved by the RMS. The TAC further directs that any material changes to these timelines or changes in scope of the test flights must be approved by the RMS and TAC.

6. 2004 Market Test Time Line as proposed 9/26/03 Flight V1.6-0104 New CRs JanFebAprJunMayMarAugJulySeptOctNovDec Flight V1.6-0304 New CRs August 1, 2004 RMS Approved production roll out date for Version 2.0, including MIMO and Stacking transaction changes 2003 2004 1/09/04 Flight Kickoff 2/20/04 Flight Ends 6 Wk. Test Flight Notice 1/6/04 3/12/04 Flight Kickoff 4/23/04 Flight Ends Flight Notice 3/5/04 5/14/04 Flight Kickoff 10 Wk. Test Flight V2.0-0904 New CRs Flight Notice 7/7/04 9/10/04 Flight Kickoff 10 Wk. Test 7/23/04 Flight Ends 11/19/04 Flight Ends Flight V2.0-0504 All Market Participants