2004 Acid Rain Allowance Auction Results

BIDS	BIDDER'S NAME	QUANTITY	TOTAL
$129.11	James Ayers	50	50
$128.00	American Electric Power*	125,000	125,050
Bids below this line were unsuccessful because they were below the clearing price of $128.00
$105.10	Morgan Stanley Commodities Group, Inc.	25,000	150,050
$101.10	Morgan Stanley Commodities Group, Inc.	10,000	160,050
$100.00	In Memory of Carly Crismore	1	160,051
$90.05	Morgan Stanley Commodities Group, Inc.	15,000	175,051
$85.01	Rufus and Amy	2	175,053
$81.15	PSEG Energy Resources and Trade LLC	100,000	275,053

*Awarded a partial fill of 124,950 out of 125,000 allowances bid for.