Recommendation of Texas Test Plan Team to RMS September 26, 2003

Congratulations Debbie !! TTPT Created a New Sub-Team The MIMO Coordination & Oversight Team will work with the MIMO working group and TTPT to facilitate the successful testing of TX SET Version 2.0 in 2004 The TTPT elected Debbie McKeever to be the Chair of this Sub-Team Congratulations Debbie !!

TTPT is proceeding with the Last Test Flight for 2003 Flight 1003 for Existing and New Market Participants testing under TX SET Version 1.6 including transaction changes from COMET and Guideline compliance ideas from the 810/820 Working Group Deadline to receive Requirements from V1.6 Coordination Team July 15, 2003 Flight began pre-test activities on July 23, 2003 Flight Deadline was September 4, 2003 Connectivity Testing Began September 17, 2003 First transactions to flow October 13, 2003 Flight Scheduled to End December 5, 2003.

Approved Flight Schedules for 2003

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)

Flight Schedules for V1.6 Test Flights in 2004

Flight Schedules for V2.0 Test Flights in 2004

Proposed Resolution for Test Flights for 2004 RMS approves 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. RMS further directs that any material changes to these timelines or changes in scope of the test flights must be approved by RMS.

Flight V1.5 Report of Texas Test Plan Team to RMS 2003 Market Test Time Line as revised 7/17/03 Successful Test Flight Completion April 17 Planned production roll out for Version 1.6 and COMET transaction changes Flight V1.5 Successful early completion of Flight 0703 on 8/25 Flight 0703 4/8 - 9/5 G I S B Flight 10/03 7/23 - 12/5 Jan Feb Mar Apr May Jun July Aug Sept Oct Nov Dec 7/11/03 Flight Kickoff Market is Here 10/10/03 Flight Kickoff Successful GISB Conversion Flight 1003 testing 1.6 for Existing and New Participants, COMET changes and changes from the 810/820 Working Group Successful Version 1.5 Production Roll Out April 10 - 13

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

Report of Texas Test Plan Team to RMS Questions ?