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200804897 ARTICLE II. ISSUE OF FIRST MORTGAGE BONDS OF THE 6.05% SERIES Section 1. The Company hereby exercises the right to obtain the authentication of $55,000,000 principal amount of Bonds pursuant to the terms of Section 4.04 of the Indenture. All such Bonds shall be First Mortgage Bonds of the 6.05% Series. Section 2. Such First Mortgage Bonds of the 6.05% Series may be authenticated and delivered prior to the filing for recordation of this Supplemental Indenture. ARTICLE III. REDEMPTION Section 1. Whenever the Company shall propose to redeem less than all of the Outstanding First Mortgage Bonds of the 6.05% Series on any Redemption Date, the Bond Registrar, instead of selecting by lot, shall select the serial numbers of the First Mortgage Bonds of the 6.05% Series to be redeemed (in whole or in part) by prorating, as nearly as may be, the aggregate principal amount of the First Mortgage Bonds of the 6.05% Series to be redeemed among the registered owners of the First Mortgage Bonds of the 6.05% Series according to the principal amount thereof registered in their respective names. In any such pro ration, the Bond Registrar shall make such adjustments, reallocations and eliminations as it shall deem proper to the end that the principal amount of the First Mortgage Bonds of the 6.05% Series so prorated to any registered owner of the First Mortgage Bonds of the 6.05% Series shall be $1,000 or an integral multiple of $1 in excess thereof, by increasing or decreasing or eliminating the amount which would be allocable to any such registered owner on the basis of exact proportion by an amount not exceeding $1. The Bond Registrar in its discretion may determine the particular First Mortgage Bonds of the 6.05% Series (if there are more than one) registered in the name of any registered owner which are to be redeemed, in whole or in part. In any determination by pro ration pursuant to this Section, First Mortgage Bonds of the 6.05% Series registered in the name of the Company shall not be considered Outstanding and shall be excluded in making the determination of the First Mortgage Bonds ofthe 6.05% Series to be redeemed. Notice of redemption of any First Mortgage Bonds of the 6.05% Series shall be given as provided in Section 5.04 of the Original Indenture. If given by mail, the mailing of such notice shall be a condition precedent to redemption, provided that any notice which is mailed in the manner provided in Section 5.04 of the Original Indenture shall be conclusively presumed to have been duly given whether or not the Holders receive such notice, and failure to give such notice by mail, or any defect in such notice, to the Holder of any such Bond designated for redemption in whole or in part shall not affect the validity of the redemption of any other such Bond. Except for the determination of the serial numbers of the First Mortgage Bonds of the 6.05% Series to be redeemed (in whole or in part) by pro ration as provided in this Section when less than all of the First Mortgage Bonds of the 6.05% Series are to be redeemed on any Redemption Date and except for the changes in the giving of notice of redemption as provided in this Section, the procedures for redemption of the First Mortgage Bonds of the 6.05% Series shall be as provided in Article Five ofthe Original Indenture. 4349724.11 7