SUBSCRIBER NOTE: Guidelines for European diesel, gasoil barge eWindow from June 4

Effective June 4, Platts intends to launch gasoil and ultra low sulfur diesel Amsterdam-Rotterdam-Antwerp barges in the eWindow communication tool for its Market on Close assessment process.

From that date, Platts will publish bids, offers and intentions to trade in its MOC process for barges of 50 ppm gasoil, 0.1% gasoil and ultra low sulfur diesel.

Market participants who wish to continue communicating indications to Platts via Yahoo Messenger, telephone or other means are welcome to do so.

Headlines automatically generated by eWindow will appear on Platts Global Alert page 5, using new short-form language. Here is a typical example of an automatically generated headline: "Platts ULSD Brg 1-3kt ICE LSGO M1 ARA Smr FE, Company A bids $5.00 for 1 lot."

Company short-form names may appear differently.

The specifications reflected in these assessments will remain unchanged.

Certain guidelines that are applied to publishing bids, offers and intentions to trade during the MOC process will be updated to reflect efficiencies associated with the addition of eWindow as a communication tool: TIMING: The cut-off for placing bids or offers each day in eWindow will be deferred by five minutes to 16:04:59:999 London time. For entities that choose to send bids and offers for publication to a Platts editor through other communication tools, the cut-off will remain 15:59:59:999 London time to ensure time to analyze information before publication. INCREMENTABILITY: Bids and offers may be improved by up to $1/mt every 20 seconds, versus the current standard of up to $1/mt per minute. Repeat bids and offers should be communicated through eWindow within 45 seconds of a transaction being reported. BID/OFFER FREEZE: Platts maintains a brief freeze on published bids and offers at the close of the MOC process, during which changes in price may not be published, but any bid or offer may be withdrawn so long as no interest to trade has been expressed hitting in the published bid or lifting the published offer. For bids and offers published using the eWindow communication tool, this freeze will be applied for one minute after 16:28:59:999 London time, versus the current standard of two minutes. For entities that choose to send bids and offers for publication to a Platts editor through other communication tools, a freeze of two minutes after 16:27:59:999 London time will remain. PRICING: Four typical pricing structures will be considered for bids and offers submitted for publication in the MOC process through the eWindow software. These include (1) bids and offers expressed on an outright price basis; (2) bids and offers expressed as a Platts-related floating price; (3) bids or offers expressed on an EFP basis versus the front-month (M1) ICE low sulfur gasoil futures contract; (4) bids or offers expressed on an EFP basis versus the second-month (M2) ICE low sulfur gasoil futures contract. Bids or offers expressed in a different structure would be published manually by a Platts editor by sending a headline on PGA005, and will be subject to normal editorial requirements, including expectations of reasonability and clarity. VOLUME NOMINATION: Buyers may continue to nominate volume upon confirmation of a trade, and will have 30 seconds to do so, whether their bid is hit by a seller or they lift an offer, in the eWindow communication environment. If a volume is not nominated by the buyer within 30 seconds, a default quantity of 2,000 mt (2.0 kt) will apply. This corresponds to the most widely traded size in the market. Volume nominations can be specified to the nearest 10 metric tons, for example 1,750 mt (1.75 kt). Nominations should be confirmed using the eWindow volume nomination box or via Yahoo Messenger, telephone and other communication means. SPECIFICATIONS: In diesel, Platts will continue to reflect the prevailing German specification at the time of year, either winter, intermediate or summer. During periods of overlap when two different specifications are reflected in the assessment, they will both be available for bids and offers to be communicated through the eWindow tool. During the rest of the year, only one specification will be available for communication of bids and offers. For 50 ppm and 0.1% gasoil, Platts will continue to reflect the prevailing German specifications for each product without any seasonality. Please send any comments or questions to europe_products@platts.com and copy 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.