We have encountered an error in calculation of Distribution Loss factors for April 1st and 2nd, 1998. The error result in higher loss factor being reported for the 22nd, 23rd , and 24th hour of those days. The problem has been corrected for all future calculations of the loss factors. We realize that many of you may have used these numbers for your forecast and submitting bids to the ISO and therefore we are not going to correct the DLF's for April 1st and 2nd retroactively. We will use the same over estimated loss factors for the calculation of the PX energy credit provided to Direct Access customers. 7/22/1999 Document Posted 4/02/1998 Modified 7/22/1999