1. Southeastern Region Transmission Planning 2008 / 09 SIRPP Economic Study Results

2. 2008 / 09 SIRPP Economic Study Results Five Economic Planning Studies  Entergy to Georgia ITS 2000 MW2000 MW  SPP to SIRPP 5000 MW5000 MW  PJM Classic to Southern 3000 MW3000 MW  PJM West to Southern 2000 MW2000 MW  Southern to PJM Classic 3000 MW3000 MW

3. 2008 / 09 SIRPP Economic Study Results Entergy to Georgia ITS Transmission System Impacts  Constraints Identified: Five (5) 500 kV LinesFive (5) 500 kV Lines Seven (7) 230 kV LinesSeven (7) 230 kV Lines Ten (10) 161 kV LinesTen (10) 161 kV Lines Three (3) 138 / 115 kV TransformersThree (3) 138 / 115 kV Transformers Two (2) 115 kV LinesTwo (2) 115 kV Lines Total Cost: $578,250,000

4. 2008 / 09 SIRPP Economic Study Results SPP to SIRPP Transmission System Impacts  Constraints Identified: Two (2) 500 / 345 kV TransformersTwo (2) 500 / 345 kV Transformers Eight (8) 500 kV LinesEight (8) 500 kV Lines Seven (7) 230 kV LinesSeven (7) 230 kV Lines Nine (9) 161 kV LinesNine (9) 161 kV Lines Eight (8) 138 / 115 kV TransformersEight (8) 138 / 115 kV Transformers Two (2) 115 kV LinesTwo (2) 115 kV Lines Total Cost: $856,000,000

5. 2008 / 09 SIRPP Economic Study Results PJM Classic to Southern Transmission System Impacts  Constraints Identified: Five (5) 500 kV LinesFive (5) 500 kV Lines Eight (8) 230 kV LinesEight (8) 230 kV Lines Four (4) 161 kV LinesFour (4) 161 kV Lines Total Cost: $437,500,000

6. 2008 / 09 SIRPP Economic Study Results PJM West to Southern Transmission System Impacts  Constraints Identified: Five (5) 500 kV LinesFive (5) 500 kV Lines Five (5) 230 kV LinesFive (5) 230 kV Lines Five (5) 161 kV LinesFive (5) 161 kV Lines Total Cost: $417,100,000

7. 2008 / 09 SIRPP Economic Study Results Southern to PJM Classic Transmission System Impacts  Constraints Identified: One (1) 500 kV LineOne (1) 500 kV Line Six (6) 230 kV LinesSix (6) 230 kV Lines Nineteen (19) 161 kV LinesNineteen (19) 161 kV Lines Four (4) 138 / 115 kV TransformersFour (4) 138 / 115 kV Transformers One (1) 115 kV LineOne (1) 115 kV Line Total Cost: $459,855,000

8. 2008 / 09 SIRPP Economic Study Results More detailed information concerning these studies is available on the Southeast Inter-Regional Participation Process website at the following link:  http://www.southeastirpp.com/ http://www.southeastirpp.com/

9. Southeastern Region Transmission Planning Southern / FRCC Interface Update

10. Southeastern Region Transmission Planning Southern / FRCC Interface TTC (MW) Season Southern to FRCC FRCC to Southern 2010 Spring36001800 2010 Summer36001000 2010 Fall36001700 2010/2011 Winter38001800

11. Southeastern Region Transmission Planning Southern / FRCC Interface  On December 4, 2009, the members of the Southern / Florida Reliability Coordination Agreement Executive Council concurred that the summer total transfer capability (“TTC”) from the Southern Balancing Authority to the Florida Reliability Coordinating Council (“FRCC”) could be increased by 100 MW at such time that the improvements identified in the Facilities Study performed by FPL in support of OASIS ID #72119536 are implemented. The increase in TTC will be reflected upon confirmation that the required projects will be put in place. These improvements are expected to be in place by January 2011.

12. Southeastern Region Transmission Planning Lunch