ROBERT J. PELLATT COMMISSION SECRETARY Commission.Secretary@bcuc.com web site: http://www.bcuc.com VIA FACSIMILE Mr. Scott Thomson Vice President Finance and Regulatory Affairs Terasen Gas Inc. 16705 Fraser Highway Surrey, B.C. V3S 2X7 Dear Mr. Thomson: Re: Terasen Gas Inc. Updated Price Risk Management Plan In response to your letter of September 30, 2003, the proposed changes to the option and fixed price ranges meets the objectives of the 2003/04 Price Risk Management Plan. The fixed price and option range is changed, as requested, for the period November 2003 onward. These adjustments maintain the original objectives of the plan approved by Commission Letter No. L-23-03. RB/yl TGI/Cor/UpdatePriceRiskMgmnt LETTER NO. L-56-03 SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. CANADA V6Z 2N3 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 Log No. 4176 November 13, 2003 Yours truly, Original signed by: Robert J. Pellatt
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