<PAGE> File No. 70-9089
CERTIFICATE OF NOTIFICATION
(Rule 24)
to the
SECURITIES AND EXCHANGE COMMISSION
by
GRANITE STATE ELECTRIC COMPANY (Granite)
MASSACHUSETTS ELECTRIC COMPANY (Mass Electric)
NANTUCKET ELECTRIC COMPANY (NEC)
THE NARRAGANSETT ELECTRIC COMPANY (Narragansett)
NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION (NEET)
NEW ENGLAND ENERGY INCORPORATED (NEEI)
NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC.(Mass Hydro)
NEW ENGLAND HYDRO-TRANSMISSION CORPORATION (NH Hydro)
NEW ENGLAND POWER COMPANY (NEP)
NEW ENGLAND POWER SERVICE COMPANY (NEPSCO)
NATIONAL GRID USA
It is hereby certified that, other than as set forth below, the
transactions detailed below, which were covered by the Statement on Form U-1
as amended and the Orders of the Securities and Exchange Commission dated
October 29, 1997 and June 2, 1998 with respect thereto, have been carried out
in accordance with the terms and conditions of and for the purposes
represented in said Statement and Orders of the Commission.
During the quarter ended March 31, 2000, Borrowing Companies made new
money borrowings as indicated in Exhibit A-1 hereto, the proceeds of which
were used to pay then outstanding notes initially issued to banks and/or
dealers in commercial paper and/or borrowings from the Money Pool, to provide
new money for capitalizable expenditures and/or to reimburse the treasury
therefor, and for other corporate purposes relating to ordinary business
operations, including working capital and the financing of construction and
property acquisitions. The maximum concurrent amount of short-term borrowings
outstanding during the quarter and the amount outstanding at the end of the
quarter is shown in Exhibit A-1. As previously reported, during the reporting
period, NEPSCO had on three separate occasions (the longest of which was six
days) inadvertently exceeded its short-term borrowing limit.
No funds borrowed were paid by a subsidiary company to National Grid USA
through dividends for the purpose of National Grid USA acquiring an interest
in an exempt wholesale generator or in a foreign utility company.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, each undersigned company has duly caused this Certificate of
Notification, Commission's File No. 70-9089 to be signed on its behalf by the
undersigned officers thereunto duly authorized.
NATIONAL GRID USA
NEW ENGLAND POWER COMPANY
NEW ENGLAND POWER SERVICE COMPANY
NEW ENGLAND ENERGY INCORPORATED
NEW ENGLAND ELECTRIC TRANSMISSION CORPORATION
NEW ENGLAND HYDRO-TRANSMISSION CORPORATION
NEW ENGLAND HYDRO-TRANSMISSION ELECTRIC COMPANY, INC.
s/John G. Cochrane
By ______________________________
John G. Cochrane
Treasurer
GRANITE STATE ELECTRIC COMPANY
MASSACHUSETTS ELECTRIC COMPANY
THE NARRAGANSETT ELECTRIC COMPANY
NANTUCKET ELECTRIC COMPANY
s/Nancy B. Kellogg
By _______________________________
Nancy B. Kellogg
Assistant Treasurer
Date: May ,2000
<PAGE> EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A-1 Borrowing Logs Filed
herewith
<PAGE><TABLE>
<CAPTION>
GRANITE STATE ELECTRIC
COMPANY
BORROWING LOG
TYPE OF INT. RATE #
MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS
DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ----
- ---- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C> <C>
BEGINNING TOTAL @ 1/
1/00
0
<PAGE>
MASSACHUSETTS ELECTRIC COMPANY
MONEYPOOL BORROWING
Borrowing Number Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount of Days Rate
Interest Interest Per day Outstanding
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
1-Jan-00 Moneypool Moneypool Roll 43,000,000 1
5.6310% 6,725.92 6,725.92 6,725.92 43000000
2-Jan-00 Moneypool Moneypool Roll 43,000,000 1
5.6310% 6,725.92 6,725.92 6,725.92 43000000
3-Jan-00 Moneypool Moneypool Roll 41,125,000 1
5.6310% 6,432.64 6,432.64
New 1 5.6310% 0.00 0.00 6,432.64
41,125,000
4-Jan-00 Moneypool Moneypool Roll 41,125,000 1
5.6310% 6,432.64 6,432.64
New 5,550,000 1 5.6310% 868.11 868.11
7,300.75 46,675,000
5-Jan-00 Moneypool Moneypool Roll 46,675,000 1
5.6310% 7,300.75 7,300.75
New 550,000 1 5.6310% 86.03 86.03
7,386.78 47,225,000
6-Jan-00 Moneypool Moneypool Roll 42,650,000 1
5.6310% 6,671.17 6,671.17
New 1 5.6310% 0.00 0.00 6,671.17
42,650,000
7-Jan-00 Moneypool Moneypool Roll 39,275,000 3
5.6310% 6,143.26 18,429.79
New 3 5.6310% 0.00 0.00 18,429.79
39,275,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 39,275,000 1
5.6310% 6,143.26 6,143.26
New 1,875,000 1 5.6310% 293.28 293.28
6,436.55 41,150,000
11-Jan-00 Moneypool Moneypool Roll 41,150,000 1
5.6310% 6,436.55 6,436.55
New 675,000 1 5.6310% 105.58 105.58
6,542.13 41,825,000
12-Jan-00 Moneypool Moneypool Roll 38,525,000 1
5.6310% 6,025.95 6,025.95
New 1 5.6310% 0.00 0.00 6,025.95
38,525,000
13-Jan-00 Moneypool Moneypool Roll 34,750,000 1
5.6310% 5,435.48 5,435.48
New 1 5.6310% 0.00 0.00 5,435.48
34,750,000
14-Jan-00 Moneypool Moneypool Roll 34,750,000 4
5.6310% 5,435.48 21,741.92
New 2,875,000 4 5.6310% 449.70 1,798.79
23,540.71 37,625,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 37,625,000 1
5.6310% 5,885.18 5,885.18
New 6,675,000 1 5.6310% 1,044.08
1,044.08 6,929.26 44,300,000
19-Jan-00 Moneypool Moneypool Roll 37,075,000 1
5.6310% 5,799.15 5,799.15
New 1 5.6310% 0.00 0.00 5,799.15
37,075,000
20-Jan-00 Moneypool Moneypool Roll 36,325,000 1
5.6310% 5,681.84 5,681.84
New 1 5.6310% 0.00 0.00 5,681.84
36,325,000
21-Jan-00 Moneypool Moneypool Roll 36,325,000 3
5.6310% 5,681.84 17,045.51
New 3,275,000 3 5.6310% 512.26 1,536.79
18,582.30 39,600,000
<PAGE>22-Jan-00
23-Jan-00
24-Jan-00 Moneypool Moneypool Roll 39,200,000 1
5.6310% 6,131.53 6,131.53
New 1 5.6310% 0.00 0.00 6,131.53
39,200,000
25-Jan-00 Moneypool Moneypool Roll 38,875,000 1
5.6310% 6,080.70 6,080.70
New 1 5.6310% 0.00 0.00 6,080.70
38,875,000
26-Jan-00 Moneypool Moneypool Roll 38,350,000 1
5.6310% 5,998.58 5,998.58
New 1 5.6310% 0.00 0.00 5,998.58
38,350,000
27-Jan-00 Moneypool Moneypool Roll 32,250,000 1
5.6310% 5,044.44 5,044.44
New 1 5.6310% 0.00 0.00 5,044.44
32,250,000
28-Jan-00 Moneypool Moneypool Roll 32,250,000 3
5.6310% 5,044.44 15,133.31
New 5,150,000 3 5.6310% 805.55 2,416.64
17,549.95 37,400,000
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 36,000,000 1
5.6310% 5,631.00 5,631.00
New 1 5.6310% 0.00 0.00 5,631.00
36,000,000
1-Feb-00 Moneypool Moneypool Roll 32,400,000 1
5.7740% 5,196.60 5,196.60
New 1 5.7740% 0.00 0.00 5,196.60
32,400,000
2-Feb-00 Moneypool Moneypool Roll 32,250,000 1
5.7740% 5,172.54 5,172.54
New 1 5.7740% 0.00 0.00 5,172.54
32,250,000
3-Feb-00 Moneypool Moneypool Roll 31,650,000 1
5.7740% 5,076.31 5,076.31
New 1 5.7740% 0.00 0.00 5,076.31
31,650,000
4-Feb-00 Moneypool Moneypool Roll 31,650,000 3
5.7740% 5,076.31 15,228.93
New 9,700,000 3 5.7740% 1,555.77
4,667.32 19,896.24 41,350,000
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 41,350,000 1
5.7740% 6,632.08 6,632.08
New 11,650,000 1 5.7740% 1,868.53
1,868.53 8,500.61 53,000,000
8-Feb-00 Moneypool Moneypool Roll 49,175,000 1
5.7740% 7,887.12 7,887.12
New 1 5.7740% 0.00 0.00 7,887.12
49,175,000
9-Feb-00 Moneypool Moneypool Roll 45,600,000 1
5.7740% 7,313.73 7,313.73
New 1 5.7740% 0.00 0.00 7,313.73
45,600,000
10-Feb-00 Moneypool Moneypool Roll 43,125,000 1
5.7740% 6,916.77 6,916.77
New 1 5.7740% 0.00 0.00 6,916.77
43,125,000
11-Feb-00 Moneypool Moneypool Roll 43,125,000 3
5.7740% 6,916.77 20,750.31
New 2,525,000 3 5.7740% 404.98 1,214.95
21,965.26 45,650,000
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 45,650,000 1
5.7740% 7,321.75 7,321.75
New 8,950,000 1 5.7740% 1,435.48
1,435.48 8,757.23 54,600,000
15-Feb-00 Moneypool Moneypool Roll 49,375,000 1
5.7740% 7,919.20 7,919.20
New 1 5.7740% 0.00 0.00 7,919.20
49,375,000
16-Feb-00 Moneypool Moneypool Roll 47,075,000 1
5.7740% 7,550.31 7,550.31
New 1 5.7740% 0.00 0.00 7,550.31
47,075,000
17-Feb-00 Moneypool Moneypool Roll 40,825,000 1
5.7740% 6,547.88 6,547.88
New 1 5.7740% 0.00 0.00 6,547.88
40,825,000
18-Feb-00 Moneypool Moneypool Roll 40,825,000 4
5.7740% 6,547.88 26,191.51
New 200,000 4 5.7740% 32.08 128.31
26,319.82 41,025,000
<PAGE>19-Feb-00
20-Feb-00
21-Feb-00
22-Feb-00 Moneypool Moneypool Roll 41,025,000 1
5.7740% 6,579.95 6,579.95
New 15,900,000 1 5.7740% 2,550.18
2,550.18 9,130.14 56,925,000
23-Feb-00 Moneypool Moneypool Roll 49,700,000 1
5.7740% 7,971.33 7,971.33
New 1 5.7740% 0.00 0.00 7,971.33
49,700,000
24-Feb-00 Moneypool Moneypool Roll 47,475,000 1
5.7740% 7,614.46 7,614.46
New 1 5.7740% 0.00 0.00 7,614.46
47,475,000
25-Feb-00 Moneypool Moneypool Roll 45,875,000 3
5.7740% 7,357.84 22,073.52
New 3 5.7740% 0.00 0.00 22,073.52
45,875,000
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 45,875,000 1
5.7740% 7,357.84 7,357.84
New 6,725,000 1 5.7740% 1,078.62
1,078.62 8,436.46 52,600,000
29-Feb-00 Moneypool Moneypool Roll 43,800,000 1
5.7740% 7,025.03 7,025.03
New 1 5.7740% 0.00 0.00 7,025.03
43,800,000
1-Mar-00 Moneypool Moneypool Roll 40,700,000 1
5.9410% 6,716.63 6,716.63
New 1 5.9410% 0.00 0.00 6,716.63
40,700,000
2-Mar-00 Moneypool Moneypool Roll 40,025,000 1
5.9410% 6,605.24 6,605.24
New 1 5.9410% 0.00 0.00 6,605.24
40,025,000
3-Mar-00 Moneypool Moneypool Roll 39,350,000 3
5.9410% 6,493.84 19,481.53
New 3 5.9410% 0.00 0.00 19,481.53
39,350,000
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 39,350,000 1
5.9410% 6,493.84 6,493.84
New 6,900,000 1 5.9410% 1,138.69
1,138.69 7,632.53 46,250,000
7-Mar-00 Moneypool Moneypool Roll 37,300,000 1
5.9410% 6,155.54 6,155.54
New 1 5.9410% 0.00 0.00 6,155.54
37,300,000
8-Mar-00 Moneypool Moneypool Roll 34,550,000 1
5.9410% 5,701.71 5,701.71
New 1 5.9410% 0.00 0.00 5,701.71 34,
550,000
9-Mar-00 Moneypool Moneypool Roll 34,550,000 1
5.9410% 5,701.71 5,701.71
New 2,150,000 1 5.9410% 354.81 354.81
6,056.52 36,700,000
10-Mar-00 Moneypool Moneypool Roll 35,800,000 3
5.9410% 5,907.99 17,723.98
New 3 5.9410% 0.00 0.00 17,723.98
35,800,000
11-Mar-00
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 35,800,000 1
5.9410% 5,907.99 5,907.99
New 5,125,000 1 5.9410% 845.77 845.77
6,753.76 40,925,000
14-Mar-00 Moneypool Moneypool Roll 32,200,000 1
5.9410% 5,313.89 5,313.89
New 1 5.9410% 0.00 0.00 5,313.89
32,200,000
15-Mar-00 Moneypool Moneypool Roll 32,200,000 1
5.9410% 5,313.89 5,313.89
New 5,125,000 1 5.9410% 845.77 845.77
6,159.66 37,325,000
16-Mar-00 Moneypool Moneypool Roll 37,325,000 1
5.9410% 6,159.66 6,159.66
New 3,200,000 1 5.9410% 528.09 528.09
6,687.75 40,525,000
17-Mar-00 Moneypool Moneypool Roll 40,525,000 3
5.9410% 6,687.75 20,063.25
New 9,800,000 3 5.9410% 1,617.27
4,851.82 24,915.07 50,325,000
18-Mar-00
<PAGE>19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 50,325,000 1
5.9410% 8,305.02 8,305.02
New 11,150,000 1 5.9410% 1,840.06
1,840.06 10,145.08 61,475,000
21-Mar-00 Moneypool Moneypool Roll 57,375,000 1
5.9410% 9,468.47 9,468.47
New 1 5.9410% 0.00 0.00 9,468.47
57,375,000
22-Mar-00 Moneypool Moneypool Roll 52,775,000 1
5.9410% 8,709.34 8,709.34
New 1 5.9410% 0.00 0.00 8,709.34
52,775,000
23-Mar-00 Moneypool Moneypool Roll 48,600,000 1
5.9410% 8,020.35 8,020.35
New 1 5.9410% 0.00 0.00 8,020.35
48,600,000
24-Mar-00 Moneypool Moneypool Roll 40,700,000 3
5.9410% 6,716.63 20,149.89
New 3 5.9410% 0.00 0.00 20,149.89
40,700,000
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 40,700,000 1
5.9410% 6,716.63 6,716.63
New 7,650,000 1 5.9410% 1,262.46
1,262.46 7,979.09 48,350,000
28-Mar-00 Moneypool Moneypool Roll 46,975,000 1
5.9410% 7,752.18 7,752.18
New 1 5.9410% 0.00 0.00 7,752.18
46,975,000
29-Mar-00 Moneypool Moneypool Roll 41,525,000 1
5.9410% 6,852.78 6,852.78
New 1 5.9410% 0.00 0.00 6,852.78
41,525,000
30-Mar-00 Moneypool Moneypool Roll 35,875,000 1
5.9410% 5,920.37 5,920.37
New 1 5.9410% 0.00 0.00 5,920.37
35,875,000
31-Mar-00 Moneypool Moneypool Roll 35,725,000 1
5.9410% 5,895.62 5,895.62
New 1 5.9410% 0.00 0.00 5,895.62
35,725,000
<PAGE>
NANTUCKET ELECTRIC COMPANY
MONEYPOOL BORROWING
Borrowing Number of Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount Days Rate
Interest Interest Per day Outstanding
1-Jan-00 Moneypool Moneypool Roll 2300000 1
6.0810% 388.51 388.51 388.51 2300000
2-Jan-00 Moneypool Moneypool Roll 2300000 1
6.0810% 388.51 388.51 388.51 2300000
3-Jan-00 Moneypool Moneypool Roll 2,300,000 1
6.0810% 388.51 388.51
New 675,000 1 6.0810% 114.02 114.02
502.53 2,975,000
4-Jan-00 Moneypool Moneypool Roll 2,975,000 1
6.0810% 502.53 502.53
New 25,000 1 6.0810% 4.22 4.22
506.75 3,000,000
5-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 1 6.0810% 0.00 0.00 489.86
2,900,000
6-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 25,000 1 6.0810% 4.22 4.22
494.08 2,925,000
7-Jan-00 Moneypool Moneypool Roll 2,925,000 3
6.0810% 494.08 1,482.24
New 3 6.0810% 0.00 0.00 1,482.24
2,925,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 1 6.0810% 0.00 0.00 489.86
2,900,000
11-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 125,000 1 6.0810% 21.11 21.11
510.97 3,025,000
12-Jan-00 Moneypool Moneypool Roll 2,975,000 1
6.0810% 502.53 502.53
New 1 6.0810% 0.00 0.00 502.53
2,975,000
13-Jan-00 Moneypool Moneypool Roll 2,950,000 1
6.0810% 498.30 498.30
New 1 6.0810% 0.00 0.00 498.30
2,950,000
14-Jan-00 Moneypool Moneypool Roll 2,950,000 4
6.0810% 498.30 1,993.22
New 4 6.0810% 0.00 0.00 1,993.22
2,950,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 2,950,000 1
6.0810% 498.30 498.30
New 25,000 1 6.0810% 4.22 4.22
502.53 2,975,000
19-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 1 6.0810% 0.00 0.00 489.86
2,900,000
20-Jan-00 Moneypool Moneypool Roll 2,875,000 1
6.0810% 485.64 485.64
New 1 6.0810% 0.00 0.00 485.64
2,875,000
21-Jan-00 Moneypool Moneypool Roll 2,875,000 3
6.0810% 485.64 1,456.91
New 50,000 3 6.0810% 8.45 25.34
1,482.24 2,925,000
22-Jan-00
23-Jan-00
24-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 1 6.0810% 0.00 0.00 489.86
2,900,000
<PAGE>
25-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 50,000 1 6.0810% 8.45 8.45
498.30 2,950,000
26-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 1 6.0810% 0.00 0.00 489.86
2,900,000
27-Jan-00 Moneypool Moneypool Roll 2,900,000 1
6.0810% 489.86 489.86
New 100,000 1 6.0810% 16.89 16.89
506.75 3,000,000
28-Jan-00 Moneypool Moneypool Roll 175,000 3
6.0810% 29.56 88.68
New 3 6.0810% 0.00 0.00 88.68
175,000
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 175,000 1
6.0810% 29.56 29.56
New 1 6.0810% 0.00 0.00 29.56
175,000
1-Feb-00 Moneypool Moneypool Roll 125,000 1
6.2360% 21.65 21.65
New 1 6.2360% 0.00 0.00 21.65
125,000
2-Feb-00 Moneypool Moneypool Roll 50,000 1 6.2360%
8.66 8.66
New 1 6.2360% 0.00 0.00 8.66
50,000
3-Feb-00 Moneypool Moneypool Roll 50,000 1 6.2360%
8.66 8.66
New 1 6.2360% 0.00 0.00 8.66
50,000
4-Feb-00 Moneypool Moneypool Roll 25,000 3 6.2360%
4.33 12.99
New 3 6.2360% 0.00 0.00 12.99
25,000
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 25,000 1 6.2360%
4.33 4.33
New 50,000 1 6.2360% 8.66 8.66
12.99 75,000
8-Feb-00 Moneypool Moneypool Roll 50,000 1 6.2360%
8.66 8.66
New 1 6.2360% 0.00 0.00 8.66
50,000
9-Feb-00 Moneypool Moneypool Roll 50,000 1 6.2360%
8.66 8.66
New 25,000 1 6.2360% 4.33 4.33
12.99 75,000
10-Feb-00 Moneypool Moneypool Roll 75,000 1
6.2360% 12.99 12.99
New 1 6.2360% 0.00 0.00 12.99
75,000
11-Feb-00 Moneypool Moneypool Roll 75,000 3
6.2360% 12.99 38.98
New 100,000 3 6.2360% 17.32 51.97
90.94 175,000
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 175,000 1
6.2360% 30.31 30.31
New 1 6.2360% 0.00 0.00 30.31
175,000
15-Feb-00 Moneypool Moneypool Roll 75,000 1
6.2360% 12.99 12.99
New 1 6.2360% 0.00 0.00 12.99
75,000
16-Feb-00 Moneypool Moneypool Roll 75,000 1
6.2360% 12.99 12.99
New 1 6.2360% 0.00 0.00 12.99
75,000
17-Feb-00 Moneypool Moneypool Roll 50,000 1
6.2360% 8.66 8.66
New 1 6.2360% 0.00 0.00 8.66
50,000
18-Feb-00 Moneypool Moneypool Roll 0 4 6.2360%
0.00 0.00
New 4 6.2360% 0.00 0.00 0.00 0
19-Feb-00
20-Feb-00
21-Feb-00
<PAGE>
22-Feb-00 Moneypool Moneypool Roll 1 6.2360%
0.00 0.00
New 1 6.2360% 0.00 0.00 0.00 0
23-Feb-00 Moneypool Moneypool Roll 1 6.2360%
0.00 0.00
New 1 6.2360% 0.00 0.00 0.00 0
24-Feb-00 Moneypool Moneypool Roll 1 6.2360%
0.00 0.00
New 1 6.2360% 0.00 0.00 0.00 0
25-Feb-00 Moneypool Moneypool Roll 3 6.2360%
0.00 0.00
New 3 6.2360% 0.00 0.00 0.00 0
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 1 6.2360%
0.00 0.00
New 50,000 1 6.2360% 8.66 8.66 8.66
50,000
29-Feb-00 Moneypool Moneypool Roll 0 1 6.2360%
0.00 0.00
New 1 6.2360% 0.00 0.00 0.00 0
1-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 100,000 1 6.4160% 17.82 17.82
17.82 100,000
2-Mar-00 Moneypool Moneypool Roll 50,000 1 6.4160%
8.91 8.91
New 1 6.4160% 0.00 0.00 8.91
50,000
3-Mar-00 Moneypool Moneypool Roll 25,000 3 6.4160%
4.46 13.37
New 3 6.4160% 0.00 0.00 13.37
25,000
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 25,000 1 6.4160%
4.46 4.46
New 25,000 1 6.4160% 4.46 4.46 8.91
50,000
7-Mar-00 Moneypool Moneypool Roll 25,000 1 6.4160%
4.46 4.46
New 1 6.4160% 0.00 0.00 4.46
25,000
8-Mar-00 Moneypool Moneypool Roll 0 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
9-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
10-Mar-00 Moneypool Moneypool Roll 3 6.4160%
0.00 0.00
New 3 6.4160% 0.00 0.00 0.00 0
11-Mar-00
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 100,000 1 6.4160% 17.82 17.82
17.82 100,000
14-Mar-00 Moneypool Moneypool Roll 75,000 1
6.4160% 13.37 13.37
New 1 6.4160% 0.00 0.00 13.37
75,000
15-Mar-00 Moneypool Moneypool Roll 50,000 1
6.4160% 8.91 8.91
New 1 6.4160% 0.00 0.00 8.91
50,000
16-Mar-00 Moneypool Moneypool Roll 25,000 1
6.4160% 4.46 4.46
New 1 6.4160% 0.00 0.00 4.46
25,000
17-Mar-00 Moneypool Moneypool Roll 25,000 3
6.4160% 4.46 13.37
New 50,000 3 6.4160% 8.91 26.73
40.10 75,000
18-Mar-00
19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 75,000 1
6.4160% 13.37 13.37
New 1 6.4160% 0.00 0.00 13.37
75,000
<PAGE>
21-Mar-00 Moneypool Moneypool Roll 75,000 1
6.4160% 13.37 13.37
New 1 6.4160% 0.00 0.00 13.37
75,000
22-Mar-00 Moneypool Moneypool Roll 0 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
23-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
24-Mar-00 Moneypool Moneypool Roll 3 6.4160%
0.00 0.00
New 3 6.4160% 0.00 0.00 0.00 0
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
28-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
29-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
30-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
31-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 25,000 1 6.4160% 4.46 4.46 4.46
25,000
<PAGE>
THE NARRAGANSETT ELECTRIC COMPANY
MONEYPOOL BORROWING
Borrowing Number of Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount Days Rate
Interest Interest Per day Outstanding
1-Jan-00 Moneypool Moneypool Roll 9725000 1
5.6310% 1,521.15 1,521.15 1,521.15 9725000
2-Jan-00 Moneypool Moneypool Roll 9725000 1
5.6310% 1,521.15 1,521.15 1,521.15 9725000
3-Jan-00 Moneypool Moneypool Roll 8,975,000 1
5.6310% 1,403.84 1,403.84
New 1 5.6310% 0.00 0.00 1,403.84
8,975,000
4-Jan-00 Moneypool Moneypool Roll 8,975,000 1
5.6310% 1,403.84 1,403.84
New 275,000 1 5.6310% 43.01 43.01
1,446.85 9,250,000
5-Jan-00 Moneypool Moneypool Roll 8,650,000 1
5.6310% 1,353.00 1,353.00
New 1 5.6310% 0.00 0.00 1,353.00
8,650,000
6-Jan-00 Moneypool Moneypool Roll 8,100,000 1
5.6310% 1,266.98 1,266.98
New 1 5.6310% 0.00 0.00 1,266.98
8,100,000
7-Jan-00 Moneypool Moneypool Roll 6,925,000 3
5.6310% 1,083.19 3,249.56
New 3 5.6310% 0.00 0.00 3,249.56
6,925,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 5,725,000 1
5.6310% 895.49 895.49
New 1 5.6310% 0.00 0.00 895.49
5,725,000
11-Jan-00 Moneypool Moneypool Roll 5,725,000 1
5.6310% 895.49 895.49
New 1,350,000 1 5.6310% 211.16 211.16
1,106.65 7,075,000
12-Jan-00 Moneypool Moneypool Roll 4,675,000 1
5.6310% 731.25 731.25
New 1 5.6310% 0.00 0.00 731.25
4,675,000
13-Jan-00 Moneypool Moneypool Roll 4,700,000 1
5.6310% 735.16 735.16
New 1 5.6310% 0.00 0.00 735.16
4,700,000
14-Jan-00 Moneypool Moneypool Roll 3,625,000 4
5.6310% 567.01 2,268.04
New 4 5.6310% 0.00 0.00 2,268.04
3,625,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 3,075,000 1
5.6310% 480.98 480.98
New 1 5.6310% 0.00 0.00 480.98
3,075,000
19-Jan-00 Moneypool Moneypool Roll 3,075,000 1
5.6310% 480.98 480.98
New 625,000 1 5.6310% 97.76 97.76
578.74 3,700,000
20-Jan-00 Moneypool Moneypool Roll 3,150,000 1
5.6310% 492.71 492.71
New 1 5.6310% 0.00 0.00 492.71
3,150,000
21-Jan-00 Moneypool Moneypool Roll 3,150,000 3
5.6310% 492.71 1,478.14
New 925,000 3 5.6310% 144.69 434.06
1,912.19 4,075,000
22-Jan-00
23-Jan-00
<PAGE>
24-Jan-00 Moneypool Moneypool Roll 4,075,000 1
5.6310% 637.40 637.40
New 350,000 1 5.6310% 54.75 54.75
692.14 4,425,000
25-Jan-00 Moneypool Moneypool Roll 3,875,000 1
5.6310% 606.11 606.11
New 1 5.6310% 0.00 0.00 606.11
3,875,000
26-Jan-00 Moneypool Moneypool Roll 1,800,000 1
5.6310% 281.55 281.55
New 1 5.6310% 0.00 0.00 281.55
1,800,000
27-Jan-00 Moneypool Moneypool Roll 1,800,000 1
5.6310% 281.55 281.55
New 325,000 1 5.6310% 50.84 50.84
332.39 2,125,000
28-Jan-00 Moneypool Moneypool Roll 1,425,000 3
5.6310% 222.89 668.68
New 3 5.6310% 0.00 0.00 668.68
1,425,000
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 1,225,000 1
5.6310% 191.61 191.61
New 1 5.6310% 0.00 0.00 191.61
1,225,000
1-Feb-00 Moneypool Moneypool Roll 1,225,000 1
5.7740% 196.48 196.48
New 2,400,000 1 5.7740% 384.93 384.93
581.41 3,625,000
2-Feb-00 Moneypool Moneypool Roll 2,750,000 1
5.7740% 441.07 441.07
New 1 5.7740% 0.00 0.00 441.07
2,750,000
3-Feb-00 Moneypool Moneypool Roll 925,000 1
5.7740% 148.36 148.36
New 1 5.7740% 0.00 0.00 148.36
925,000
4-Feb-00 Moneypool Moneypool Roll 925,000 3
5.7740% 148.36 445.08
New 1,725,000 3 5.7740% 276.67 830.01
1,275.09 2,650,000
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 2,650,000 1
5.7740% 425.03 425.03
New 2,650,000 1 5.7740% 425.03 425.03
850.06 5,300,000
8-Feb-00 Moneypool Moneypool Roll 4,675,000 1
5.7740% 749.82 749.82
New 1 5.7740% 0.00 0.00 749.82
4,675,000
9-Feb-00 Moneypool Moneypool Roll 3,025,000 1
5.7740% 485.18 485.18
New 1 5.7740% 0.00 0.00 485.18
3,025,000
10-Feb-00 Moneypool Moneypool Roll 3,025,000 1
5.7740% 485.18 485.18
New 1,325,000 1 5.7740% 212.52 212.52
697.69 4,350,000
11-Feb-00 Moneypool Moneypool Roll 3,950,000 3
5.7740% 633.54 1,900.61
New 3 5.7740% 0.00 0.00 1,900.61
3,950,000
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 3,950,000 1
5.7740% 633.54 633.54
New 575,000 1 5.7740% 92.22 92.22
725.76 4,525,000
15-Feb-00 Moneypool Moneypool Roll 1,275,000 1
5.7740% 204.50 204.50
New 1 5.7740% 0.00 0.00 204.50
1,275,000
16-Feb-00 Moneypool Moneypool Roll 575,000 1
5.7740% 92.22 92.22
New 1 5.7740% 0.00 0.00 92.22
575,000
17-Feb-00 Moneypool Moneypool Roll 0 1 5.7740%
0.00 0.00
New 1 5.7740% 0.00 0.00 0.00 0
18-Feb-00 Moneypool Moneypool Roll 0 4 5.7740%
0.00 0.00
New 4 5.7740% 0.00 0.00 0.00 0
<PAGE>19-Feb-00
20-Feb-00
21-Feb-00
22-Feb-00 Moneypool Moneypool Roll 1 5.7740%
0.00 0.00
New 3,950,000 1 5.7740% 633.54 633.54
633.54 3,950,000
23-Feb-00 Moneypool Moneypool Roll 2,175,000 1
5.7740% 348.85 348.85
New 1 5.7740% 0.00 0.00 348.85
2,175,000
24-Feb-00 Moneypool Moneypool Roll 875,000 1
5.7740% 140.34 140.34
New 1 5.7740% 0.00 0.00 140.34
875,000
25-Feb-00 Moneypool Moneypool Roll 400,000 3
5.7740% 64.16 192.47
New 3 5.7740% 0.00 0.00 192.47
400,000
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 400,000 1
5.7740% 64.16 64.16
New 1,275,000 1 5.7740% 204.50 204.50
268.65 1,675,000
29-Feb-00 Moneypool Moneypool Roll 0 1 5.7740%
0.00 0.00
New 1 5.7740% 0.00 0.00 0.00 0
1-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
2-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
3-Mar-00 Moneypool Moneypool Roll 3 5.9410%
0.00 0.00
New 3 5.9410% 0.00 0.00 0.00 0
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 975,000 1 5.9410% 160.90 160.90
160.90 975,000
7-Mar-00 Moneypool Moneypool Roll 0 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
8-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
9-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
10-Mar-00 Moneypool Moneypool Roll 3 5.9410%
0.00 0.00
New 3 5.9410% 0.00 0.00 0.00 0
11-Mar-00
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
14-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1 5.9410% 0.00 0.00 0.00 0
15-Mar-00 Moneypool Moneypool Roll 1 5.9410%
0.00 0.00
New 1,525,000 1 5.9410% 251.67 251.67
251.67 1,525,000
16-Mar-00 Moneypool Moneypool Roll 1,525,000 1
5.9410% 251.67 251.67
New 2,050,000 1 5.9410% 338.31 338.31
589.97 3,575,000
17-Mar-00 Moneypool Moneypool Roll 3,575,000 3
5.9410% 589.97 1,769.92
New 1,300,000 3 5.9410% 214.54 643.61
2,413.53 4,875,000
<PAGE>18-Mar-00
19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 4,875,000 1
5.9410% 804.51 804.51
New 2,375,000 1 5.9410% 391.94 391.94
1,196.45 7,250,000
21-Mar-00 Moneypool Moneypool Roll 5,900,000 1
5.9410% 973.66 973.66
New 1 5.9410% 0.00 0.00 973.66
5,900,000
22-Mar-00 Moneypool Moneypool Roll 4,100,000 1
5.9410% 676.61 676.61
New 1 5.9410% 0.00 0.00 676.61
4,100,000
23-Mar-00 Moneypool Moneypool Roll 1,225,000 1
5.9410% 202.16 202.16
New 1 5.9410% 0.00 0.00 202.16
1,225,000
24-Mar-00 Moneypool Moneypool Roll 1,225,000 3
5.9410% 202.16 606.48
New 3,025,000 3 5.9410% 499.21 1,497.63
2,104.10 4,250,000
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 4,250,000 1
5.9410% 701.37 701.37
New 1,750,000 1 5.9410% 288.80 288.80
990.17 6,000,000
28-Mar-00 Moneypool Moneypool Roll 5,725,000 1
5.9410% 944.78 944.78
New 1 5.9410% 0.00 0.00 944.78
5,725,000
29-Mar-00 Moneypool Moneypool Roll 4,425,000 1
5.9410% 730.25 730.25
New 1 5.9410% 0.00 0.00 730.25
4,425,000
30-Mar-00 Moneypool Moneypool Roll 3,025,000 1
5.9410% 499.21 499.21
New 1 5.9410% 0.00 0.00 499.21
3,025,000
31-Mar-00 Moneypool Moneypool Roll 1,900,000 1
5.9410% 313.55 313.55
New 1 5.9410% 0.00 0.00 313.55
1,900,000
<PAGE>
NEW ENGLAND ELECTRIC TRANSMISSION CORP.
MONEYPOOL BORROWING
Borrowing Number of Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount Days Rate
Interest Interest Per day Outstanding
1-Jan-00 Moneypool Moneypool Roll 4150000 1
6.0810% 701.00 701.00 701.00 4150000
2-Jan-00 Moneypool Moneypool Roll 4150000 1
6.0810% 701.00 701.00 701.00 4150000
3-Jan-00 Moneypool Moneypool Roll 4,150,000 1
6.0810% 701.00 701.00
New 100,000 1 6.0810% 16.89 16.89
717.90 4,250,000
4-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
5-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
6-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
7-Jan-00 Moneypool Moneypool Roll 4,250,000 3
6.0810% 717.90 2,153.69
New 3 6.0810% 0.00 0.00 2,153.69
4,250,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 4,275,000 1
6.0810% 722.12 722.12
New 1 6.0810% 0.00 0.00 722.12
4,275,000
11-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
12-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
13-Jan-00 Moneypool Moneypool Roll 4,250,000 1
6.0810% 717.90 717.90
New 1 6.0810% 0.00 0.00 717.90
4,250,000
14-Jan-00 Moneypool Moneypool Roll 4,250,000 4
6.0810% 717.90 2,871.58
New 75,000 4 6.0810% 12.67 50.68
2,922.26 4,325,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 4,150,000 1
6.0810% 701.00 701.00
New 1 6.0810% 0.00 0.00 701.00
4,150,000
19-Jan-00 Moneypool Moneypool Roll 4,150,000 1
6.0810% 701.00 701.00
New 25,000 1 6.0810% 4.22 4.22
705.23 4,175,000
20-Jan-00 Moneypool Moneypool Roll 4,175,000 1
6.0810% 705.23 705.23
New 1 6.0810% 0.00 0.00 705.23
4,175,000
21-Jan-00 Moneypool Moneypool Roll 4,175,000 3
6.0810% 705.23 2,115.68
New 3 6.0810% 0.00 0.00 2,115.68
4,175,000
22-Jan-00
23-Jan-00
<PAGE>
24-Jan-00 Moneypool Moneypool Roll 4,175,000 1
6.0810% 705.23 705.23
New 1 6.0810% 0.00 0.00 705.23
4,175,000
25-Jan-00 Moneypool Moneypool Roll 4,175,000 1
6.0810% 705.23 705.23
New 25,000 1 6.0810% 4.22 4.22
709.45 4,200,000
26-Jan-00 Moneypool Moneypool Roll 4,175,000 1
6.0810% 705.23 705.23
New 1 6.0810% 0.00 0.00 705.23
4,175,000
27-Jan-00 Moneypool Moneypool Roll 4,150,000 1
6.0810% 701.00 701.00
New 1 6.0810% 0.00 0.00 701.00
4,150,000
28-Jan-00 Moneypool Moneypool Roll 4,150,000 3
6.0810% 701.00 2,103.01
New 3 6.0810% 0.00 0.00 2,103.01
4,150,000
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 4,150,000 1
6.0810% 701.00 701.00
New 1 6.0810% 0.00 0.00 701.00
4,150,000
1-Feb-00 Moneypool Moneypool Roll 4,150,000 1
6.2360% 718.87 718.87
New 1 6.2360% 0.00 0.00 718.87
4,150,000
2-Feb-00 Moneypool Moneypool Roll 4,150,000 1
6.2360% 718.87 718.87
New 1 6.2360% 0.00 0.00 718.87
4,150,000
3-Feb-00 Moneypool Moneypool Roll 4,150,000 1
6.2360% 718.87 718.87
New 1 6.2360% 0.00 0.00 718.87
4,150,000
4-Feb-00 Moneypool Moneypool Roll 4,150,000 3
6.2360% 718.87 2,156.62
New 3 6.2360% 0.00 0.00 2,156.62
4,150,000
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 4,150,000 1
6.2360% 718.87 718.87
New 25,000 1 6.2360% 4.33 4.33
723.20 4,175,000
8-Feb-00 Moneypool Moneypool Roll 4,175,000 1
6.2360% 723.20 723.20
New 25,000 1 6.2360% 4.33 4.33
727.53 4,200,000
9-Feb-00 Moneypool Moneypool Roll 4,200,000 1
6.2360% 727.53 727.53
New 1 6.2360% 0.00 0.00 727.53
4,200,000
10-Feb-00 Moneypool Moneypool Roll 4,200,000 1
6.2360% 727.53 727.53
New 1 6.2360% 0.00 0.00 727.53
4,200,000
11-Feb-00 Moneypool Moneypool Roll 4,050,000 3
6.2360% 701.55 2,104.65
New 3 6.2360% 0.00 0.00 2,104.65
4,050,000
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 4,050,000 1
6.2360% 701.55 701.55
New 1 6.2360% 0.00 0.00 701.55
4,050,000
15-Feb-00 Moneypool Moneypool Roll 4,050,000 1
6.2360% 701.55 701.55
New 1 6.2360% 0.00 0.00 701.55
4,050,000
16-Feb-00 Moneypool Moneypool Roll 3,775,000 1
6.2360% 653.91 653.91
New 1 6.2360% 0.00 0.00 653.91
3,775,000
17-Feb-00 Moneypool Moneypool Roll 3,775,000 1
6.2360% 653.91 653.91
New 175,000 1 6.2360% 30.31 30.31
684.23 3,950,000
18-Feb-00 Moneypool Moneypool Roll 3,950,000 4
6.2360% 684.23 2,736.91
New 25,000 4 6.2360% 4.33 17.32
2,754.23 3,975,000
<PAGE>19-Feb-00
20-Feb-00
21-Feb-00
22-Feb-00 Moneypool Moneypool Roll 3,925,000 1
6.2360% 679.90 679.90
New 1 6.2360% 0.00 0.00 679.90
3,925,000
23-Feb-00 Moneypool Moneypool Roll 3,925,000 1
6.2360% 679.90 679.90
New 1 6.2360% 0.00 0.00 679.90
3,925,000
24-Feb-00 Moneypool Moneypool Roll 3,925,000 1
6.2360% 679.90 679.90
New 1 6.2360% 0.00 0.00 679.90
3,925,000
25-Feb-00 Moneypool Moneypool Roll 3,925,000 3
6.2360% 679.90 2,039.69
New 3 6.2360% 0.00 0.00 2,039.69
3,925,000
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 3,925,000 1
6.2360% 679.90 679.90
New 1 6.2360% 0.00 0.00 679.90
3,925,000
29-Feb-00 Moneypool Moneypool Roll 3,925,000 1
6.2360% 679.90 679.90
New 1 6.2360% 0.00 0.00 679.90
3,925,000
1-Mar-00 Moneypool Moneypool Roll 3,925,000 1
6.4160% 699.52 699.52
New 1 6.4160% 0.00 0.00 699.52
3,925,000
2-Mar-00 Moneypool Moneypool Roll 3,925,000 1
6.4160% 699.52 699.52
New 1 6.4160% 0.00 0.00 699.52
3,925,000
3-Mar-00 Moneypool Moneypool Roll 3,925,000 3
6.4160% 699.52 2,098.57
New 3 6.4160% 0.00 0.00 2,098.57
3,925,000
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 3,925,000 1
6.4160% 699.52 699.52
New 1 6.4160% 0.00 0.00 699.52
3,925,000
7-Mar-00 Moneypool Moneypool Roll 3,925,000 1
6.4160% 699.52 699.52
New 1 6.4160% 0.00 0.00 699.52
3,925,000
8-Mar-00 Moneypool Moneypool Roll 3,925,000 1
6.4160% 699.52 699.52
New 25,000 1 6.4160% 4.46 4.46
703.98 3,950,000
9-Mar-00 Moneypool Moneypool Roll 3,950,000 1
6.4160% 703.98 703.98
New 1 6.4160% 0.00 0.00 703.98
3,950,000
10-Mar-00 Moneypool Moneypool Roll 3,950,000 3
6.4160% 703.98 2,111.93
New 3 6.4160% 0.00 0.00 2,111.93
3,950,000
11-Mar-00 3,950,000
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 3,950,000 1
6.4160% 703.98 703.98
New 1 6.4160% 0.00 0.00 703.98
3,950,000
14-Mar-00 Moneypool Moneypool Roll 3,950,000 1
6.4160% 703.98 703.98
New 1 6.4160% 0.00 0.00 703.98
3,950,000
15-Mar-00 Moneypool Moneypool Roll 3,950,000 1
6.4160% 703.98 703.98
New 1 6.4160% 0.00 0.00 703.98
3,950,000
16-Mar-00 Moneypool Moneypool Roll 3,375,000 1
6.4160% 601.50 601.50
New 1 6.4160% 0.00 0.00 601.50
3,375,000
17-Mar-00 Moneypool Moneypool Roll 3,375,000 3
6.4160% 601.50 1,804.50
New 425,000 3 6.4160% 75.74 227.23
2,031.73 3,800,000
<PAGE>18-Mar-00
19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 3,800,000 1
6.4160% 677.24 677.24
New 1 6.4160% 0.00 0.00 677.24
3,800,000
21-Mar-00 Moneypool Moneypool Roll 3,800,000 1
6.4160% 677.24 677.24
New 50,000 1 6.4160% 8.91 8.91
686.16 3,850,000
22-Mar-00 Moneypool Moneypool Roll 3,825,000 1
6.4160% 681.70 681.70
New 1 6.4160% 0.00 0.00 681.70
3,825,000
23-Mar-00 Moneypool Moneypool Roll 3,825,000 1
6.4160% 681.70 681.70
New 1 6.4160% 0.00 0.00 681.70
3,825,000
24-Mar-00 Moneypool Moneypool Roll 3,825,000 3
6.4160% 681.70 2,045.10
New 3 6.4160% 0.00 0.00 2,045.10
3,825,000
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 3,825,000 1
6.4160% 681.70 681.70
New 1 6.4160% 0.00 0.00 681.70
3,825,000
28-Mar-00 Moneypool Moneypool Roll 3,825,000 1
6.4160% 681.70 681.70
New 25,000 1 6.4160% 4.46 4.46
686.16 3,850,000
29-Mar-00 Moneypool Moneypool Roll 3,850,000 1
6.4160% 686.16 686.16
New 1 6.4160% 0.00 0.00 686.16
3,850,000
30-Mar-00 Moneypool Moneypool Roll 3,850,000 1
6.4160% 686.16 686.16
New 1 6.4160% 0.00 0.00 686.16
3,850,000
31-Mar-00 Moneypool Moneypool Roll 3,850,000 1
6.4160% 686.16 686.16
New 1 6.4160% 0.00 0.00 686.16
3,850,000
<PAGE> NEW ENGLAND HYDRO TRANS. ELECTRIC
CO.
BORROWING LOG
TYPE OF INT. RATE #
MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS
DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ----
- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 1/
1/00
0
<PAGE>
<PAGE>
NEW ENGLAND HYDRO-TRANSMISSION CORPORATION
MONEYPOOL BORROWING
Borrowing Number of Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount Days Rate
Interest Interest Per day Outstanding
1-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00 0.00 0
2-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00 0.00 0
3-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 275,000 1 6.0810% 46.45 46.45
46.45 275,000
4-Jan-00 Moneypool Moneypool Roll 275,000 1
6.0810% 46.45 46.45
New 25,000 1 6.0810% 4.22 4.22
50.68 300,000
5-Jan-00 Moneypool Moneypool Roll 300,000 1
6.0810% 50.68 50.68
New 1 6.0810% 0.00 0.00 50.68
300,000
6-Jan-00 Moneypool Moneypool Roll 300,000 1
6.0810% 50.68 50.68
New 1 6.0810% 0.00 0.00 50.68
300,000
7-Jan-00 Moneypool Moneypool Roll 300,000 3
6.0810% 50.68 152.03
New 275,000 3 6.0810% 46.45 139.36
291.38 575,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 575,000 1
6.0810% 97.13 97.13
New 1 6.0810% 0.00 0.00 97.13
575,000
11-Jan-00 Moneypool Moneypool Roll 525,000 1
6.0810% 88.68 88.68
New 1 6.0810% 0.00 0.00 88.68
525,000
12-Jan-00 Moneypool Moneypool Roll 525,000 1
6.0810% 88.68 88.68
New 1 6.0810% 0.00 0.00 88.68
525,000
13-Jan-00 Moneypool Moneypool Roll 525,000 1
6.0810% 88.68 88.68
New 1 6.0810% 0.00 0.00 88.68
525,000
14-Jan-00 Moneypool Moneypool Roll 100,000 4
6.0810% 16.89 67.57
New 4 6.0810% 0.00 0.00 67.57
100,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 0 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
19-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
20-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
21-Jan-00 Moneypool Moneypool Roll 3 6.0810%
0.00 0.00
New 3 6.0810% 0.00 0.00 0.00 0
22-Jan-00
<PAGE>23-Jan-00
24-Jan-00 Moneypool Moneypool Roll 1 6.0810% 0.00
0.00
New 1 6.0810% 0.00 0.00 0.00 0
25-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
26-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
27-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
28-Jan-00 Moneypool Moneypool Roll 3 6.0810%
0.00 0.00
New 3 6.0810% 0.00 0.00 0.00 0
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 1 6.0810%
0.00 0.00
New 1 6.0810% 0.00 0.00 0.00 0
1-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
2-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
3-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
4-Feb-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
8-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
9-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
10-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
11-Feb-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
15-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
16-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
17-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
18-Feb-00 Moneypool Moneypool Roll 4 0.0000%
0.00 0.00
New 4 0.0000% 0.00 0.00 0.00 0
19-Feb-00
<PAGE>20-Feb-00
21-Feb-00
22-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
23-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
24-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
25-Feb-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
29-Feb-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
1-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
2-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
3-Mar-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
7-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
8-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
9-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
10-Mar-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
11-Mar-00
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
14-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
15-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
16-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
17-Mar-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
18-Mar-00
<PAGE>19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
21-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
22-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
23-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
24-Mar-00 Moneypool Moneypool Roll 3 0.0000%
0.00 0.00
New 3 0.0000% 0.00 0.00 0.00 0
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
28-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
29-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
30-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
31-Mar-00 Moneypool Moneypool Roll 1 0.0000%
0.00 0.00
New 1 0.0000% 0.00 0.00 0.00 0
<PAGE> NEW ENGLAND POWER
COMPANY
BORROWING LOG
TYPE OF INT. RATE #
MATURITY DAILY TOTAL $000'S CUM
DATE INSTRUMENT INSTITUTION TRANSACTION NOM. EFFEC. DAYS
DATE INTEREST INTEREST INVESTED AMOUNT
---- ---------- ----------- ----------- ------------ ----
- ---- -------- -------- -------- ------
BEGINNING TOTAL @ 1/
1/00
0
<PAGE>
NEW ENGLAND POWER SERVICE COMPANY
MONEYPOOL BORROWING
Borrowing Number of Interest Daily
Total Total Int. Total
Date Type Bank New/Roll Amount Days Rate
Interest Interest Per day Outstanding
1-Jan-00 Moneypool Moneypool Roll 5325000 1
6.0810% 899.48 899.48 899.48 5325000
2-Jan-00 Moneypool Moneypool Roll 5325000 1
6.0810% 899.48 899.48 899.48 5325000
3-Jan-00 Moneypool Moneypool Roll 5,325,000 1
6.0810% 899.48 899.48
New 525,000 1 6.0810% 88.68 88.68
988.16 5,850,000
4-Jan-00 Moneypool Moneypool Roll 5,850,000 1
6.0810% 988.16 988.16
New 4,325,000 1 6.0810% 730.56 730.56
1,718.73 10,175,000
5-Jan-00 Moneypool Moneypool Roll 10,175,000 1
6.0810% 1,718.73 1,718.73
New 1,500,000 1 6.0810% 253.38 253.38
1,972.10 11,675,000
6-Jan-00 Moneypool Moneypool Roll 11,675,000 1
6.0810% 1,972.10 1,972.10
New 475,000 1 6.0810% 80.24 80.24
2,052.34 12,150,000
7-Jan-00 Moneypool Moneypool Roll 12,150,000 3
6.0810% 2,052.34 6,157.01
New 600,000 3 6.0810% 101.35 304.05
6,461.06 12,750,000
8-Jan-00
9-Jan-00
10-Jan-00 Moneypool Moneypool Roll 12,750,000 1
6.0810% 2,153.69 2,153.69
New 450,000 1 6.0810% 76.01 76.01
2,229.70 13,200,000
11-Jan-00 Moneypool Moneypool Roll 10,725,000 1
6.0810% 1,811.63 1,811.63
New 0 1 6.0810% 0.00 0.00 1,811.63
10,725,000
12-Jan-00 Moneypool Moneypool Roll 8,050,000 1
6.0810% 1,359.78 1,359.78
New 1 6.0810% 0.00 0.00 1,359.78
8,050,000
13-Jan-00 Moneypool Moneypool Roll 8,050,000 1
6.0810% 1,359.78 1,359.78
New 550,000 1 6.0810% 92.90 92.90
1,452.68 8,600,000
14-Jan-00 Moneypool Moneypool Roll 8,600,000 4
6.0810% 1,452.68 5,810.73
New 600,000 4 6.0810% 101.35 405.40
6,216.13 9,200,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 Moneypool Moneypool Roll 6,250,000 1
6.0810% 1,055.73 1,055.73
New 1 6.0810% 0.00 0.00 1,055.73
6,250,000
19-Jan-00 Moneypool Moneypool Roll 6,250,000 1
6.0810% 1,055.73 1,055.73
New 325,000 1 6.0810% 54.90 54.90
1,110.63 6,575,000
20-Jan-00 Moneypool Moneypool Roll 6,575,000 1
6.0810% 1,110.63 1,110.63
New 525,000 1 6.0810% 88.68 88.68
1,199.31 7,100,000
21-Jan-00 Moneypool Moneypool Roll 7,100,000 3
6.0810% 1,199.31 3,597.93
New 2,375,000 3 6.0810% 401.18 1,203.53
4,801.46 9,475,000
22-Jan-00
23-Jan-00
<PAGE>
24-Jan-00 Moneypool Moneypool Roll 8,950,000 1
6.0810% 1,511.80 1,511.80
New 1 6.0810% 0.00 0.00 1,511.80
8,950,000
25-Jan-00 Moneypool Moneypool Roll 6,475,000 1
6.0810% 1,093.74 1,093.74
New 1 6.0810% 0.00 0.00 1,093.74
6,475,000
26-Jan-00 Moneypool Moneypool Roll 6,475,000 1
6.0810% 1,093.74 1,093.74
New 425,000 1 6.0810% 71.79 71.79
1,165.53 6,900,000
27-Jan-00 Moneypool Moneypool Roll 6,900,000 1
6.0810% 1,165.53 1,165.53
New 300,000 1 6.0810% 50.68 50.68
1,216.20 7,200,000
28-Jan-00 Moneypool Moneypool Roll 7,200,000 3
6.0810% 1,216.20 3,648.60
New 350,000 3 6.0810% 59.12 177.36
3,825.96 7,550,000
29-Jan-00
30-Jan-00
31-Jan-00 Moneypool Moneypool Roll 7,550,000 1
6.0810% 1,275.32 1,275.32
New 1,100,000 1 6.0810% 185.81 185.81
1,461.13 8,650,000
1-Feb-00 Moneypool Moneypool Roll 7,400,000 1
6.2360% 1,281.84 1,281.84
New 1 6.2360% 0.00 0.00 1,281.84
7,400,000
2-Feb-00 Moneypool Moneypool Roll 7,400,000 1
6.2360% 1,281.84 1,281.84
New 450,000 1 6.2360% 77.95 77.95
1,359.79 7,850,000
3-Feb-00 Moneypool Moneypool Roll 7,850,000 1
6.2360% 1,359.79 1,359.79
New 800,000 1 6.2360% 138.58 138.58
1,498.37 8,650,000
4-Feb-00 Moneypool Moneypool Roll 8,650,000 3
6.2360% 1,498.37 4,495.12
New 425,000 3 6.2360% 73.62 220.86
4,715.98 9,075,000
5-Feb-00
6-Feb-00
7-Feb-00 Moneypool Moneypool Roll 3,300,000 1
6.2360% 571.63 571.63
New 1 6.2360% 0.00 0.00 571.63
3,300,000
8-Feb-00 Moneypool Moneypool Roll 3,300,000 1
6.2360% 571.63 571.63
New 1,275,000 1 6.2360% 220.86 220.86
792.49 4,575,000
9-Feb-00 Moneypool Moneypool Roll 4,575,000 1
6.2360% 792.49 792.49
New 675,000 1 6.2360% 116.93 116.93 909.4
2 5,250,000
10-Feb-00 Moneypool Moneypool Roll 2,375,000 1
6.2360% 411.40 411.40
New 1 6.2360% 0.00 0.00 411.40
2,375,000
11-Feb-00 Moneypool Moneypool Roll 2,375,000 3
6.2360% 411.40 1,234.21
New 1,225,000 3 6.2360% 212.20 636.59
1,870.80 3,600,000
12-Feb-00
13-Feb-00
14-Feb-00 Moneypool Moneypool Roll 3,600,000 1
6.2360% 623.60 623.60
New 625,000 1 6.2360% 108.26 108.26
731.86 4,225,000
15-Feb-00 Moneypool Moneypool Roll 4,225,000 1
6.2360% 731.86 731.86
New 425,000 1 6.2360% 73.62 73.62
805.48 4,650,000
16-Feb-00 Moneypool Moneypool Roll 50,000 1
6.2360% 8.66 8.66
New 1 6.2360% 0.00 0.00 8.66
50,000
17-Feb-00 Moneypool Moneypool Roll 50,000 1
6.2360% 8.66 8.66
New 625,000 1 6.2360% 108.26 108.26
116.93 675,000
18-Feb-00 Moneypool Moneypool Roll 675,000 4
6.2360% 116.93 467.70
New 2,600,000 4 6.2360% 450.38 1,801.51
2,269.21 3,275,000
<PAGE>19-Feb-00
20-Feb-00
21-Feb-00
22-Feb-00 Moneypool Moneypool Roll 1,725,000 1
6.2360% 298.81 298.81
New 1 6.2360% 0.00 0.00 298.81
1,725,000
23-Feb-00 Moneypool Moneypool Roll 1,725,000 1
6.2360% 298.81 298.81
New 2,275,000 1 6.2360% 394.08 394.08
692.89 4,000,000
24-Feb-00 Moneypool Moneypool Roll 275,000 1
6.2360% 47.64 47.64
New 1 6.2360% 0.00 0.00 47.64
275,000
25-Feb-00 Moneypool Moneypool Roll 275,000 3
6.2360% 47.64 142.91
New 725,000 3 6.2360% 125.59 376.76
519.67 1,000,000
26-Feb-00
27-Feb-00
28-Feb-00 Moneypool Moneypool Roll 1,000,000 1
6.2360% 173.22 173.22
New 1,075,000 1 6.2360% 186.21 186.21
359.44 2,075,000
29-Feb-00 Moneypool Moneypool Roll 2,075,000 1
6.2360% 359.44 359.44
New 175,000 1 6.2360% 30.31 30.31
389.75 2,250,000
1-Mar-00 Moneypool Moneypool Roll 3,075,000 1
6.4160% 548.03 548.03
New 1 6.4160% 0.00 0.00 548.03
3,075,000
2-Mar-00 Moneypool Moneypool Roll 3,575,000 1
6.4160% 637.14 637.14
New 1 6.4160% 0.00 0.00 637.14
3,575,000
3-Mar-00 Moneypool Moneypool Roll 4,025,000 3
6.4160% 717.34 2,152.03
New 3 6.4160% 0.00 0.00 2,152.03
4,025,000
4-Mar-00
5-Mar-00
6-Mar-00 Moneypool Moneypool Roll 4,375,000 1
6.4160% 779.72 779.72
New 1 6.4160% 0.00 0.00 779.72
4,375,000
7-Mar-00 Moneypool Moneypool Roll 5,800,000 1
6.4160% 1,033.69 1,033.69
New 1 6.4160% 0.00 0.00 1,033.69
5,800,000
8-Mar-00 Moneypool Moneypool Roll 4,225,000 1
6.4160% 752.99 752.99
New 1 6.4160% 0.00 0.00 752.99
4,225,000
9-Mar-00 Moneypool Moneypool Roll 9,075,000 1
6.4160% 1,617.37 1,617.37
New 1 6.4160% 0.00 0.00 1,617.37
9,075,000
10-Mar-00 Moneypool Moneypool Roll 8,825,000 3
6.4160% 1,572.81 4,718.43
New 3 6.4160% 0.00 0.00 4,718.43
8,825,000
11-Mar-00
12-Mar-00
13-Mar-00 Moneypool Moneypool Roll 10,775,000 1
6.4160% 1,920.34 1,920.34
New 1 6.4160% 0.00 0.00 1,920.34
10,775,000
14-Mar-00 Moneypool Moneypool Roll 11,775,000 1
6.4160% 2,098.57 2,098.57
New 1 6.4160% 0.00 0.00 2,098.57
11,775,000
15-Mar-00 Moneypool Moneypool Roll 12,100,000 1
6.4160% 2,156.49 2,156.49
New 1 6.4160% 0.00 0.00 2,156.49
12,100,000
16-Mar-00 Moneypool Moneypool Roll 9,725,000 1
6.4160% 1,733.21 1,733.21
New 1 6.4160% 0.00 0.00 1,733.21
9,725,000
17-Mar-00 Moneypool Moneypool Roll 9,725,000 3
6.4160% 1,733.21 5,199.63
New 375,000 3 6.4160% 66.83 200.50
5,400.13 10,100,000
18-Mar-00
<PAGE>19-Mar-00
20-Mar-00 Moneypool Moneypool Roll 10,100,000 1
6.4160% 1,800.04 1,800.04
New 775,000 1 6.4160% 138.12 138.12
1,938.17 10,875,000
21-Mar-00 Moneypool Moneypool Roll 10,875,000 1
6.4160% 1,938.17 1,938.17
New 3,725,000 1 6.4160% 663.88 663.88
2,602.04 14,600,000
22-Mar-00 Moneypool Moneypool Roll 14,475,000 1
6.4160% 2,579.77 2,579.77
New 1 6.4160% 0.00 0.00 2,579.77
14,475,000
23-Mar-00 Moneypool Moneypool Roll 14,475,000 1
6.4160% 2,579.77 2,579.77
New 400,000 1 6.4160% 71.29 71.29
2,651.06 14,875,000
24-Mar-00 Moneypool Moneypool Roll 13,425,000 3
6.4160% 2,392.63 7,177.90
New 3 6.4160% 0.00 0.00 7,177.90
13,425,000
25-Mar-00
26-Mar-00
27-Mar-00 Moneypool Moneypool Roll 9,125,000 1
6.4160% 1,626.28 1,626.28
New 1 6.4160% 0.00 0.00 1,626.28
9,125,000
28-Mar-00 Moneypool Moneypool Roll 9,125,000 1
6.4160% 1,626.28 1,626.28
New 450,000 1 6.4160% 80.20 80.20
1,706.48 9,575,000
29-Mar-00 Moneypool Moneypool Roll 9,575,000 1
6.4160% 1,706.48 1,706.48
New 2,325,000 1 6.4160% 414.37 414.37
2,120.84 11,900,000
30-Mar-00 Moneypool Moneypool Roll 0 1 6.4160%
0.00 0.00
New 1 6.4160% 0.00 0.00 0.00 0
31-Mar-00 Moneypool Moneypool Roll 1 6.4160%
0.00 0.00
New 400,000 1 6.4160% 71.29 71.29
71.29 400,000
<PAGE>
NEW ENGLAND ELECTRIC SYSTEM (TRUST)
COMMERCIAL PAPER
Borrowing Number Nominal Effective
Daily Total Maturity Total
Date Type DEALER New/Roll Amount of Days Rate
Rate Proceeds Interest Interest Date Outstanding
1-Jan-00 CP MERRILL ROLL 9500000 4 5.5000%
5.5034% 9,494,194.44 $1,451.39 $5,805.56 5-Jan-00
1-Jan-00 CP FIRST BOS ROLL 7,400,000 3 4.5000%
4.5017% 7,397,225.00 $925.00 $2,775.00 4-Jan-00
1-Jan-00 CP FIRST BOS ROLL 5100000 3 5.4000%
5.4024% 5,097,705.00 $765.00 $2,295.00 4-Jan-00
$22,000,000
2-Jan-00
3-Jan-00 CP MERRILL NEW 10,000,000 3 5.7500%
5.7528% 9,995,208.33 $1,597.22 $4,791.67 6-Jan-00
3-Jan-00 CP MERRILL NEW 9,675,000 4 5.7500%
5.7537% 9,668,818.75 $1,545.31 $6,181.25 7-Jan-00
3-Jan-00 CP FIRST BOS NEW 13,600,000 7 5.7500%
5.7564% 13,584,794.44 $2,172.22 $15,205.56 10-Jan-00
$55,275,000
4-Jan-00 CP FIRST BOS ROLL 12,500,000 7 5.5000%
5.5059% 12,486,631.94 $1,909.72 $13,368.06 11-Jan-00
4-Jan-00 CP FIRST BOS NEW 100,000 7 5.5000%
5.5059% 99,893.06 $15.28 $106.94 11-Jan-00 $55,375,000
5-Jan-00 CP MERRILL ROLL 9,500,000 7 5.6200%
5.6261% 9,489,618.61 $1,483.06 $10,381.39 12-Jan-00
$55,375,000
6-Jan-00 CP MERRILL ROLL 7,000,000 7 5.6000%
5.6061% 6,992,377.78 $1,088.89 $7,622.22 13-Jan-00
$52,375,000
7-Jan-00 CP MERRILL ROLL 9,675,000 7 5.6000%
5.6061% 9,664,465.00 $1,505.00 $10,535.00 14-Jan-00
7-Jan-00 CP MERRILL NEW 100,000 7 5.6000%
5.6061% 99,891.11 $15.56 $108.89 14-Jan-00 $52,475,000
8-Jan-00
9-Jan-00
10-Jan-00 CP FIRST BOS ROLL 6,900,000 3 5.6500%
5.6527% 6,896,751.25 $1,082.92 $3,248.75
13-Jan-00
10-Jan-00 CP FIRST BOS ROLL 6,700,000 4 5.6500%
5.6535% 6,695,793.89 $1,051.53 $4,206.11 14-Jan-00
10-Jan-00 CP FIRST BOS NEW 225,000 4 5.6500%
5.6535% 224,858.75 $35.31 $141.25 14-Jan-00 $52,700,000
11-Jan-00 CP FIRST BOS ROLL 12,600,000 7 5.7000%
5.7063% 12,586,035.00 $1,995.00 $13,965.00 18-Jan-00
11-Jan-00 CP FIRST BOS NEW 2,575,000 7 5.7000%
5.7063% 2,572,146.04 $407.71 $2,853.96 18-Jan-00
$55,275,000
12-Jan-00 CP MERRILL ROLL 9,500,000 7 5.6300%
5.6362% 9,489,600.14 $1,485.69 $10,399.86 19-Jan-00
$55,275,000
13-Jan-00 CP MERRILL ROLL 7,000,000 7 5.6000%
5.6061% 6,992,377.78 $1,088.89 $7,622.22 20-Jan-00
13-Jan-00 CP FIRST BOS ROLL 6,900,000 8 5.6000%
5.6070% 6,891,413.33 $1,073.33 $8,586.67 21-Jan-00
13-Jan-00 CP FIRST BOS NEW 250,000 8 5.6000%
5.6070% 249,688.89 $38.89 $311.11 21-Jan-00 $55,525,000
14-Jan-00 CP MERRILL ROLL 9,775,000 7 5.5700%
5.5760% 9,764,413.13 $1,512.41 $10,586.87 21-Jan-00
14-Jan-00 CP FIRST BOS ROLL 4,125,000 5 5.5000%
5.5042% 4,121,848.96 $630.21 $3,151.04 19-Jan-00
$52,725,000
15-Jan-00
16-Jan-00
17-Jan-00
18-Jan-00 CP FIRST BOS ROLL 15,175,000 6 5.7000%
5.7054% 15,160,583.75 $2,402.71 $14,416.25 24-Jan-00
18-Jan-00 CP FIRST BOS NEW 325,000 6 5.7000%
5.7054% 324,691.25 $51.46 $308.75 24-Jan-00
18-Jan-00 CP FIRST BOS NEW 6,525,000 7 5.7000%
5.7063% 6,517,768.13 $1,033.13 $7,231.88 25-Jan-00
$59,575,000
19-Jan-00 CP MERRILL ROLL 9,500,000 7 5.5800%
5.5861% 9,489,692.50 $1,472.50 $10,307.50 26-Jan-00
19-Jan-00 CP MERRILL NEW 175,000 7 5.5800%
5.5861% 174,810.13 $27.13 $189.88 26-Jan-00
<PAGE>
19-Jan-00 CP FIRST BOS ROLL 4,125,000 6 5.5700%
5.5752% 4,121,170.63 $638.23 $3,829.38 25-Jan-00
$59,750,000
20-Jan-00 CP MERRILL ROLL 7,000,000 7 5.5500%
5.5560% 6,992,445.83 $1,079.17 $7,554.17 27-Jan-00
20-Jan-00 CP MERRILL NEW 25,000 7 5.5500%
5.5560% 24,973.02 $3.85 $26.98 27-Jan-00 $59,775,000
21-Jan-00 CP MERRILL ROLL 9,775,000 7 5.5500%
5.5560% 9,764,451.15 $1,506.98 $10,548.85 28-Jan-00
21-Jan-00 CP FIRST BOS ROLL 3,725,000 6 5.5000%
5.5050% 3,721,585.42 $569.10 $3,414.58 27-Jan-00
$56,350,000
22-Jan-00
23-Jan-00
24-Jan-00 CP FIRST BOS ROLL 15,500,000 7 5.5800%
5.5861% 15,483,182.50 $2,402.50 $16,817.50 31-Jan-00
24-Jan-00 CP FIRST BOS NEW 200,000 7 5.5800%
5.5861% 199,783.00 $31.00 $217.00 31-Jan-00 $56,550,000
25-Jan-00 CP FIRST BOS ROLL 10,650,000 7 5.5500%
5.5560% 10,638,506.88 $1,641.88 $11,493.13 1-Feb-00
$56,550,000
26-Jan-00 CP MERRILL ROLL 9,675,000 7 5.6000%
5.6061% 9,664,465.00 $1,505.00 $10,535.00 2-Feb-00
26-Jan-00 CP MERRILL NEW 625,000 7 5.6000%
5.6061% 624,319.44 $97.22 $680.56 2-Feb-00 $57,175,000
27-Jan-00 CP FIRST BOS ROLL 3,725,000 7 5.6000%
5.6061% 3,720,943.89 $579.44 $4,056.11 3-Feb-00
27-Jan-00 CP MERRILL ROLL 7,025,000 7 5.6500%
5.6562% 7,017,282.26 $1,102.53 $7,717.74 3-Feb-00
$57,175,000
28-Jan-00 CP MERRILL ROLL 9,775,000 7 5.6200%
5.6261% 9,764,318.10 $1,525.99 $10,681.90 4-Feb-00
28-Jan-00 CP MERRILL NEW 825,000 7 5.6200%
5.6261% 824,098.46 $128.79 $901.54 4-Feb-00 $58,000,000
29-Jan-00
30-Jan-00
31-Jan-00 CP FIRST BOS ROLL 15,700,000 7 5.8500%
5.8567% 15,682,141.25 $2,551.25 $17,858.75 7-Feb-00
31-Jan-00 CP FIRST BOS NEW 7,475,000 8 5.8500%
5.8576% 7,465,282.50 $1,214.69 $9,717.50 8-Feb-00
$65,475,000
1-Feb-00 CP FIRST BOS ROLL 10,650,000 8 5.8500%
5.8576% 10,636,155.00 $1,730.63 $13,845.00 9-Feb-00
1-Feb-00 CP FIRST BOS NEW 550,000 8 5.8500%
5.8576% 549,285.00 $89.38 $715.00 9-Feb-00 $66,025,000
2-Feb-00 CP MERRILL ROLL 10,300,000 8 5.8500%
5.8576% 10,286,610.00 $1,673.75 $13,390.00 10-Feb-00
$66,025,000
3-Feb-00 CP MERRILL ROLL 4,525,000 8 5.8000%
5.8075% 4,519,167.78 $729.03 $5,832.22 11-Feb-00
3-Feb-00 CP FIRST BOS ROLL 3,725,000 5 5.7300%
5.7346% 3,722,035.52 $592.90 $2,964.48 8-Feb-00
$63,525,000
4-Feb-00 CP MERRILL ROLL 10,600,000 7 5.7800%
5.7865% 10,588,086.78 $1,701.89 $11,913.22 11-Feb-00
4-Feb-00 CP MERRILL NEW 350,000 7 5.7800%
5.7865% 349,606.64 $56.19 $393.36 11-Feb-00 $63,875,000
5-Feb-00
6-Feb-00
7-Feb-00 CP FIRST BOS ROLL 15,000,000 7 5.7700%
5.7765% 14,983,170.83 $2,404.17 $16,829.17 14-Feb-00
$63,175,000
8-Feb-00 CP FIRST BOS ROLL 11,200,000 7 5.7500%
5.7564% 11,187,477.78 $1,788.89 $12,522.22 15-Feb-00
8-Feb-00 CP FIRST BOS NEW 100,000 7 5.7500%
5.7564% 99,888.19 $15.97 $111.81 15-Feb-00 $63,275,000
9-Feb-00 CP FIRST BOS ROLL 11,100,000 7 5.7800%
5.7865% 11,087,524.83 $1,782.17 $12,475.17 16-Feb-00
$63,175,000
10-Feb-00 CP MERRILL ROLL 10,300,000 7 5.7800%
5.7865% 10,288,423.94 $1,653.72 $11,576.06 17-Feb-00
10-Feb-00 CP MERRILL NEW 100,000 7 5.7800%
5.7865% 99,887.61 $16.06 $112.39 17-Feb-00 $63,275,000
11-Feb-00 CP MERRILL ROLL 12,475,000 7 5.7500%
5.7564% 12,461,052.26 $1,992.53 $13,947.74 18-Feb-00
$60,275,000
12-Feb-00
13-Feb-00
14-Feb-00 CP FIRST BOS ROLL 14,925,000 8 5.8000%
5.8075% 14,905,763.33 $2,404.58 $19,236.67 22-Feb-00
$60,200,000
15-Feb-00 CP FIRST BOS ROLL 11,300,000 8 5.8300%
5.8376% 11,285,360.22 $1,829.97 $14,639.78 23-Feb-00
15-Feb-00 CP FIRST BOS NEW 3,250,000 8 5.8300%
5.8376% 3,245,789.44 $526.32 $4,210.56 23-Feb-00
$63,450,000
16-Feb-00 CP FIRST BOS ROLL 11,100,000 8 5.7700%
5.7774% 11,085,767.33 $1,779.08 $14,232.67 24-Feb-00
16-Feb-00 CP FIRST BOS NEW 475,000 8 5.7700%
5.7774% 474,390.94 $76.13 $609.06 24-Feb-00 $63,925,000
17-Feb-00 CP MERRILL ROLL 10,400,000 8 5.7800%
5.7874% 10,386,641.78 $1,669.78 $13,358.22 25-Feb-00
$63,925,000
18-Feb-00 CP MERRILL ROLL 12,475,000 10 5.7500%
5.7592% 12,455,074.65 $1,992.53 $19,925.35 28-Feb-00
<PAGE>
18-Feb-00 CP MERRILL NEW 5,050,000 7 5.7500%
5.7564% 5,044,353.82 $806.60 $5,646.18 25-Feb-00
$68,975,000
19-Feb-00
20-Feb-00
21-Feb-00 $0.00 $0.00
21-Feb-00 $68,975,000
22-Feb-00 CP FIRST BOS ROLL 14,925,000 7 5.8200%
5.8266% 14,908,109.88 $2,412.88 $16,890.13 29-Feb-00
22-Feb-00 CP FIRST BOS NEW 150,000 7 5.8200%
5.8266% 149,830.25 $24.25 $169.75 29-Feb-00 $69,125,000
23-Feb-00 CP FIRST BOS ROLL 14,550,000 7 5.8000%
5.8065% 14,533,590.83 $2,344.17 $16,409.17 1-Mar-00
23-Feb-00 CP FIRST BOS NEW 200,000 7 5.8000%
5.8065% 199,774.44 $32.22 $225.56 1-Mar-00 $69,325,000
24-Feb-00 CP FIRST BOS ROLL 11,575,000 7 5.8000%
5.8065% 11,561,945.97 $1,864.86 $13,054.03 2-Mar-00
24-Feb-00 CP FIRST BOS NEW 75,000 7 5.8000%
5.8065% 74,915.42 $12.08 $84.58 2-Mar-00 $69,400,000
25-Feb-00 CP MERRILL ROLL 15,400,000 7 5.8000%
5.8065% 15,382,632.22 $2,481.11 $17,367.78 3-Mar-00
$69,350,000
26-Feb-00
27-Feb-00
28-Feb-00 CP MERRILL ROLL 12,475,000 7 5.8500%
5.8567% 12,460,809.69 $2,027.19 $14,190.31 6-Mar-00
28-Feb-00 CP MERRILL NEW 275,000 7 5.8500%
5.8567% 274,687.19 $44.69 $312.81 6-Mar-00 $69,625,000
29-Feb-00 CP FIRST BOS ROLL 15,075,000 7 5.8500%
5.8567% 15,057,852.19 $2,449.69 $17,147.81 7-Mar-00
29-Feb-00 CP FIRST BOS NEW 5,000,000 7 5.8500%
5.8567% 4,994,312.50 $812.50 $5,687.50 7-Mar-00
$74,625,000
1-Mar-00 CP FIRST BOS ROLL 14,750,000 7 5.8200%
5.8266% 14,733,307.92 $2,384.58 $16,692.08 8-Mar-00
$74,625,000
2-Mar-00 CP FIRST BOS ROLL 11,650,000 7 5.8200%
5.8266% 11,636,816.08 $1,883.42 $13,183.92 9-Mar-00
$74,625,000
3-Mar-00 CP MERRILL ROLL 15,400,000 7 5.8000%
5.8065% 15,382,632.22 $2,481.11 $17,367.78 10-Mar-00
3-Mar-00 CP MERRILL NEW 100,000 7 5.8000%
5.8065% 99,887.22 $16.11 $112.78 10-Mar-00 $74,725,000
4-Mar-00
5-Mar-00
6-Mar-00 CP MERRILL ROLL 12,750,000 7 5.8200%
5.8266% 12,735,571.25 $2,061.25 $14,428.75 13-Mar-00
6-Mar-00 CP MERRILL NEW 275,000 7 5.8200%
5.8266% 274,688.79 $44.46 $311.21 13-Mar-00 $75,000,000
7-Mar-00 CP FIRST BOS ROLL 20,075,000 7 5.7800%
5.7865% 20,052,437.93 $3,223.15 $22,562.07 14-Mar-00
7-Mar-00 CP FIRST BOS NEW 125,000 7 5.7800%
5.7865% 124,859.51 $20.07 $140.49 14-Mar-00 $75,125,000
8-Mar-00 CP FIRST BOS ROLL 14,450,000 7 5.7800%
5.7865% 14,433,759.81 $2,320.03 $16,240.19 15-Mar-00
$74,825,000
9-Mar-00 CP MERRILL ROLL 9,200,000 4 5.7800%
5.7837% 9,194,091.56 $1,477.11 $5,908.44 13-Mar-00
$72,375,000
10-Mar-00 CP MERRILL ROLL 15,500,000 3 5.7500%
5.7528% 15,492,572.92 $2,475.69 $7,427.08 13-Mar-00
10-Mar-00 CP MERRILL NEW 75,000 3 5.7500%
5.7528% 74,964.06 $11.98 $35.94 13-Mar-00 $72,450,000
11-Mar-00
12-Mar-00
13-Mar-00 CP MERRILL ROLL 28,600,000 1 5.8500%
5.8510% 28,595,352.50 $4,647.50 $4,647.50 14-Mar-00
13-Mar-00 CP MERRILL NEW 650,000 1 5.8500%
5.8510% 649,894.38 $105.63 $105.63 14-Mar-00
13-Mar-00 CP FIRST BOS ROLL 9,200,000 1 5.8400%
5.8409% 9,198,507.56 $1,492.44 $1,492.44 14-Mar-00
$73,100,000
14-Mar-00 CP MERRILL ROLL 29,250,000 1 5.8500%
5.8510% 29,245,246.88 $4,753.13 $4,753.13 15-Mar-00
14-Mar-00 CP FIRST BOS ROLL 29,400,000 1 5.8400%
5.8409% 29,395,230.67 $4,769.33 $4,769.33 15-Mar-00
$73,100,000
15-Mar-00 CP MERRILL ROLL 29,250,000 1 6.0000%
6.0010% 29,245,125.00 $4,875.00 $4,875.00 16-Mar-00
15-Mar-00 CP MERRILL NEW 2,975,000 1 6.0000%
6.0010% 2,974,504.17 $495.83 $495.83 16-Mar-00
15-Mar-00 CP FIRST BOS ROLL 43,850,000 1 5.9500%
5.9510% 43,842,752.57 $7,247.43 $7,247.43 16-Mar-00
$76,075,000
16-Mar-00 CP MERRILL ROLL 32,225,000 1 5.8000%
5.8009% 32,219,808.19 $5,191.81 $5,191.81 17-Mar-00
16-Mar-00 CP MERRILL NEW 525,000 1 5.8000%
5.8009% 524,915.42 $84.58 $84.58 17-Mar-00
16-Mar-00 CP FIRST BOS ROLL 43,850,000 1 5.7800%
5.7809% 43,842,959.64 $7,040.36 $7,040.36 17-Mar-00
$76,600,000
<PAGE>
17-Mar-00 CP MERRILL ROLL 29,750,000 3 5.8000%
5.8028% 29,735,620.83 $4,793.06 $14,379.17 20-Mar-00
17-Mar-00 CP FIRST BOS ROLL 43,850,000 3 5.7500%
5.7528% 43,828,988.54 $7,003.82 $21,011.46 20-Mar-00
$73,600,000
18-Mar-00
19-Mar-00
20-Mar-00 CP FIRST BOS ROLL 43,850,000 2 5.9300%
5.9320% 43,835,553.86 $7,223.07 $14,446.14 22-Mar-00
20-Mar-00 CP MERRILL ROLL 29,750,000 1 5.9200%
5.9210% 29,745,107.78 $4,892.22 $4,892.22 21-Mar-00
20-Mar-00 CP MERRILL NEW 300,000 1 5.9200%
5.9210% 299,950.67 $49.33 $49.33 21-Mar-00 $73,900,000
21-Mar-00 CP MERRILL ROLL 24,050,000 1 5.9300%
5.9310% 24,046,038.43 $3,961.57 $3,961.57 22-Mar-00
$67,900,000
22-Mar-00
22-Mar-00
23-Mar-00
23-Mar-00
24-Mar-00
24-Mar-00
25-Mar-00
26-Mar-00
27-Mar-00
27-Mar-00
28-Mar-00
28-Mar-00
29-Mar-00
29-Mar-00
30-Mar-00
30-Mar-00
31-Mar-00
31-Mar-00
</TABLE>
