Item 8.01 Other Events.

On August 29, 2008, International Transmission Company's ("ITCTransmission") network rate of $2.520 per kW/month, Michigan Electric Transmission Company LLC's ("METC") network rate of $2.522 per kW/month, and ITC Midwest LLC's ("ITC Midwest") network rate of $4.448 per kW/ month (which reflects a $4.125 million rate discount), for the period from January 1, 2009 through December 31, 2009, were posted by the Midwest Independent Transmission System Operator, Inc. The rates are based on ITCTransmission, METC, and ITC Midwest's Attachment O rate formulae using each company's projected net revenue requirement and load, in accordance with the Federal Energy Regulatory Commission's approvals in Docket Nos. ER06-1006, ER07-95, and ER07-887, for ITCTransmission, METC, and ITC Midwest, respectively.

The rate information can be accessed on the Internet at http://oasis.midwestiso.org/oasis/ITC for ITCTransmission, http://oasis.midwestiso.org/oasis/METC for METC and http://oasis.midwestiso.org/oasis/ITCM for ITC Midwest.

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