1. 12 January 2006 Conference Day 1 Development Multilateral market coupling (MMC) integrating: NorNed market coupling between APX and Nord Pool spot Trilateral market Coupling (TLC) between APX, Belpex, Powernext

2. NorNed kabel HVDC Project under construction. Built, owned and operated by the TSOs Statnett and Tennet First 154 km Single core cable ready

3. 12 January 2006 Conference Day 3 New Interconnector Norway- The Netherlands NorNed Cable in operation late 2007 NORNED, 700MW The Netherlands NORWAY  License granted by regulators in Norway and the Netherlands to implement market coupling between the Nordic Region (Norway) with the continental Europe (The Netherlands).

4. 12 January 2006 Conference Day 4 NorNed daily market coupling (all capacity) Licence Norwegian Ministry December 04; Nord Pool Spot and APX committed to implement market coupling over NorNed (2007) TLC parties awaiting regulatory approval for TLC A Need to integrate: NorNed with TLC market coupling NL-B-F (TLC) Agreements in progres to work for multi market coupling 12 January 2006Conference Day4 NorNed cable Nordic region TLC region In progres; Development Multilateral market coupling (MMC)

5. 12 January 2006 Conference Day 5 Joint paper by 8 parties Elia, RTE, Statnett, TenneT APX, Belpex, Nord Pool Spot, Powernext  Need for a common solution of TLC and NorNed Note from the 8 parties available today