16 Apr 2015 | 09:35 UTC — London

SUBSCRIBER NOTE: Platts proposes to publish European gas midpoints, extend assessments to 3 decimal places

Platts proposes to publish from July 1, 2015, a single midpoint value for each of its European natural gas assessments in pence/therm, Eur/MWh, Eur/Gj and $/MMBtu. The value would reflect the midpoint of the current high-low assessment range.

In addition, Platts proposes to database and publish all European natural gas assessments to three decimal places, also from July 1, 2015, in European Gas Daily, European Power Alert, Natural Gas Alert and Platts Market Data.

Platts seeks to publish the most relevant price data in its daily newsletters and real-time services. Accordingly, Platts proposes to publish price assessments in its European Gas Daily newsletter and European Power Alert and Natural Gas Alert real-time services that reflect the midpoint values only, effective July 1, 2015, and to no longer display the high and low range.

Under this proposal, Platts would continue to publish a high-low range around its midpoint assessments for all European gas symbols in Market Data categories EG and GF. Ranges for all contracts would be standardized as follows:

- Primary assessments in Eur/MWh: +/- 10 euro cent. Applicable markets: Austrian VTP, Dutch TTF, French PEG Nord, French PEG Sud/TRS, German GASPOOL, German NetConnect, Italian PSV. - Primary assessments in p/th: +/- 0.10 p/th. Applicable markets: Belgian Zeebrugge, UK NBP

Platts invites feedback, comments and questions by April 30, 2015 to power@platts.com with copy to pricegroup@platts.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.