David

The set-up for the financial trading is similiar except that the instructions
are relaid by e-mail each night to New York and Tokyo.  Tim Pateman
(authorised trader in London) sends details of positions and instructions on
prices / volumes.

The mail provide directions on pricing (off set basis on EOL) and volumes,
creating an envelope in which they can trade.
They  must call for further instructions if the price shifts by more than $10
($100 for Tin & Nickel)  or the position by more than 100 lots.

Regards
Andy

Tim Poullain-Patterson
09/11/2000 15:27
To: David Port/Market Risk/Corp/Enron@ENRON
cc: Andrew Cornfield/LON/ECT@ECT, Bjorn Hagelmann/HOU/ECT@ECT, Sally
Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Mike
Jordan/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT,
Marcelo Parra/NYC/MGUSA@MGUSA

Subject: Re: Authorised Traders : Montreal & Chicago

David,

The business model you outline is actually the one we are implementing with
one big difference - the Head Trader in London (Sam Hainsworth) calls the
sales person each day to tell him what to do before they speak to any
customers. As you point out, these conversations are recorded so if the sales
person does anything other than what is agreed at the outset of each day,
then they will be red carded.

I refer you back to the memo supplementing the updated list of authorised
traders that I sent out and which Marcelo and Sam have discussed with
Commercial staff in both these offices (Shona and Bjorn have this memo), as
well as Marcelo's operational plan.

Clarification point - when Andy says "internally" he means that Commercial
(Rob Soeldner) is taking a lead in resolving Joe Robertson's concerns.

Regards,
Tim

From:  David Port @ ENRON
        09/11/2000 13:52

To: Andrew Cornfield/LON/ECT@ECT
cc: Bjorn Hagelmann/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Ted
Murphy/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Mike Jordan/LON/ECT@ECT,
Robert Soeldner/LON/ECT@ECT, Tim Poullain-Patterson/LON/ECT@ECT, Lloyd
Fleming/LON/ECT@ECT

Subject: Re: Authorised Traders : Montreal & Chicago

How about this for a business model for an origination and trading outfit.

salesperson talks to customer
customer agrees to trade
salesperson phones trading desk and gets price (trading desk is London or NY
- NB: all lines are taped)
salesperson tell customer
customers says ok
salesperson says "done" to customer and trading desk
trading desk books deal, middle and back office processes kicks in, sends out
and chases up confirm etc
accounting process identifies value added by salesperson and gives them a
piece of the price as a credit
no bank accounts or signing authority in sales office
no accountants, middle office people or other similar humans in the sales
office, just sales people
all hedging and risk taking resident in trading books in NY or London

Can we not make this work ?
DP

To: Bjorn Hagelmann/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Shona
Wilson/NA/Enron@Enron, David Port/Market Risk/Corp/Enron@ENRON, Mike
Jordan/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Tim
Poullain-Patterson/LON/ECT@ECT

Subject: Re: Authorised Traders : Montreal & Chicago

Bjorn

As discussed, given Joe's comments below, a note to confirm that this being
dealt with internally.

Rob Soeldner has made it clear to Joe that:

Enron places great importance on trading controls. These are non-negotiatable.
The suggested course of action is not an option
We aren't seeking to close any of the Agency offices given implemetation of
these controls.

Joe is not in yet - Rob will be discussing with him further when the US gets
in.

Of note - Joe is on the commercial side,  Marcelo Parra who is responsible
for the operational side is fully onboard for the operational changes made.

Regards
Andy

---------------------- Forwarded by Andrew Cornfield/LON/ECT on 09/11/2000
11:07 ---------------------------

Joe Robertson@MGUSA
08/11/2000 20:38
To: Tim Poullain-Patterson/LON/ECT@ECT
cc: Andrew Cornfield/LON/ECT@ECT, Lloyd Fleming/LON/ECT@ECT, Marcelo
Parra/NYC/MGUSA@MGUSA, Michael Farmer/EU/Enron@ENRON@ECT, Naomi
Connell/LON/ECT@ECT, Robert Soeldner/LON/ECT@ECT, Sam
Hainsworth/EU/Enron@Enron@ECT

Subject: Re: Authorized Traders : Montreal & Chicago

As a practical matter the procedures outlined are not workable. We need to
find a way to go forward that works and can satisfy all concerned.

Either the people in these offices can be entrusted to transact and execute
business or we should consider closing these offices and relocating some of
the people which I do not believe makes any sense at all.

Joseph E. Robertson, Jr.
Enron Metals & Commodity Corp.
520 Madison Avenue
28th Floor
New York, NY 10022
Tel: 212.715.5254
Fax: 212.715-2357
E-mail: joe.robertson@enron.com


In preparation for sending Christmas cards, may I have your correct residence
address and spouse name, if applicable?  Thanks so much.


Platts Energy Bulletin

The daily Energy Bulletin is a showcase of the top headlines posted on
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March 1, 2002

What's New on platts.com?
Platts Enron Report: Read about the implications of Enron's bankruptcy on the
financial and energy communities.
(http://www.platts.com/features/enron/index.shtml)

Coal Specifications 2002: Read about Platts unified coal pricing methodology for
2002. (http://www.platts.com/coal/guidetospec/index.shtml)

Quote of the Day: A selection of industry/OPEC viewpoints.
(http://www.platts.com/quote.shtml)

ENERGY INSIGHT:
(for Platts Premium Customers)
Residential time-of-use pricing gains ground
Among the many consequences of last year's price spikes in California is a
growing conceptual support for real-time residential pricing. Proponents of the
idea argue that exposing customers to wholesale price signals provides a
potentially powerful load-management tool. (http://www.einsight.com)

Advertisement:
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and open positions across the energy industry. It's free for all job seekers,
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Futures Round-up

NYMEX: Crude to open above key resistance
NYMEX April crude oil is called to open 28 cts higher at$22.02/bbl Friday. April
Brent is called to open 34 cts higher at $21.69/bbl. April heating oil is called
to open 65 pts higher at 57.80 cts/gal and April unleaded gasoline is called to
open 89 pts higher at 68.67 cts/gal.

IPE Brent Focus: IPE Brent crude firms on technical buying
The benchmark April futures contract stood at $21.55/bbl at 1038 GMT, 22 cts
above Thursday's settlement, while May traded at $21.45/bbl, 15 cts stronger.
"Brent settled above $21/bbl yesterday. The market traded above $21/bbl the
previous day (Wednesday), but fell below for the close.

News Round-up
Click on the headlines below or paste the URLs provided in your internet browser
to see the full story.

OIL:
UK's Apple Oil and Gas makes all-paper bid for Aminex
UK-listed explorer Apple Oil and Gas Friday announced an unsolicited, all-paper
bid to take over UK-based Aminex and sell all of its assets.
(http://www.platts.com/archives.shtml#59560)

NATURAL GAS:
FERC's Wood offers details of Enron contacts
As requested by US House leaders, Federal Energy Regulatory Commission Chairman
Pat Wood III on Thursday provided details of his meetings and other contacts
with Enron officials dating back to his days at the helm of the Texas Public
Utility Commission. (http://www.platts.com/archives.shtml#59538)

PETROCHEMICALS:
India's NOCIL shuts Mumbai corporate office due to riots
India's National Organic Chem Industries has closed its corporate base at Mumbai
due to rioting between the country's Hindu and Muslim population, a company
source said Friday. (http://www.platts.com/archives.shtml#59554)

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(http://216.92.125.24/pri2.htm).

ELECTRIC POWER:
Senior EPA official resigns over power-plant policy
Eric Schaeffer, director of the US Environmental Protection Agency's Office of
Regulatory Enforcement, Thursday resigned from the agency, expressing
"frustration" over EPA's enforcement actions against "power companies that have
violated the Clean Air Act." (http://www.platts.com/archives.shtml#59531)

NUCLEAR:
Nuclear phase-out is possible in Belgium
The Belgium government is nearing a decision on nuclear phase-out, and is likely
to reach a decision on Mar 1, sources close to the deal told Platts.
(http://www.platts.com/archives.shtml#59535)

COAL:
Georgia takes bids for coal
The state of Georgia is taking bids to supply 18,000 tons of stoker coal, with
an option for an additional 3,000 tons, to the University of Georgia in
2002-2003. (http://www.platts.com/archives.shtml#59532)

BANDWIDTH:
Asia Global Crossing warns of large losses; says business plan is no longer
fully funded
For the second time in weeks, Asia Global Crossing Ltd delayed release of its
final fourth quarter and year 2001 results, warning that it expects to take
large losses and that its auditors will likely "express substantial doubt about
the company's ability to continue as a going concern."
(http://www.platts.com/bandwidth/index.shtml)

To see the past five day's headlines posted on platts.com
go to Platts archives (http://www.platts.com/archives.shtml).

Upcoming Events:

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4th Annual ELECTRIC POWER Conference & Exhibition, "Where the Operating
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by The TradeFair Group, and Sponsored by POWER Magazine and Platts.
(http://www.electricpowerexpo.com/currentshow/home.asp)

"Grid Business: The Midwest," an Electrical World Roundtable in cooperation with
R.J. Rudden Associates and the United States Energy Association. March 20-21,
2002, in St. Louis, Missouri.
(http://www.platts.com/gridbusiness/index.html)

"Navigating the Perfect Storm: Charting Power Generation Success," the 17th
Annual Global Power Markets Conference. March 24-26, 2002, in New Orleans.
(http://www.platts.com/electricpower/GPMConf2002/index.shtml)

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PLATTS' MAGAZINES:

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The agenda for Monday's meeting is attached.


Dan,

Per the request of Jay Williams, attached please find a credit worksheet for
a draft Enfolio Master Firm Purchase and Sale Agreement between ENA and
Sacramento Municipal Utility District.  Please note that there are tiered
collateral threshold and third-party cross default matrices.  Additionally,
the attachment contains a second sheet elaborating on the Enron Corp.
guaranty amount as well as a Compliance Letter as an additional CP Event of
Default.

Shari Stack is working on the draft EEI Master Power agreement as well as the
ISDA Master Swap agreement.  Please contact Shari Stack should you need
clarification to the legal terms in the contract in order to ensure
consistency across all three trading agreements.

I am also available should you have any questions pertaining to credit.

Regards,
Tracy
503-464-8755


we might go get some food and spirits after work if you are interested.  i am
going to butt-fuck mississippi for val's wedding.  i will be in town the rest
of the month so i am ready to start tearing up houston again.  let me know if
you are up for drinks after work.


Fax no is 713/646-3490.

	"Anita Herrera" <aherrera@statoilenergy.com>
	07/06/2000 06:03 PM

		 To: Tana.Jones@enron.com
		 cc:
		 Subject: Re: Crude trades

Sorry - if you're there, what's your fax #.  Otherwise I'll get it to you
tomorrow.

Tana.Jones@enron.com on 07/06/2000 06:33:32 PM

 To:      Anita Herrera/TEG/US@TEG

 cc:

 Subject: Re: Crude trades

Anita,

You were going to fax me the form of assignment...

                    "Anita Herrera"
                    <aherrera@statoile        To:     "Tana Jones"
<Tana.Jones@enron.com>
                    nergy.com>                cc:
                                              Subject:     Crude trades
                    07/05/2000 06:06
                    PM

Attached is the one crude trade between the 2 companies:
(See attached file: Enron crude trades.xls)

(See attached file: Enron crude trades.xls)

 - Enron crude trades.xls


Due to a delay with the printing of the direct deposit advices for the March
30th payday, the advices will be distributed later than normal.  We
anticipate the majority of the advices will be received by Friday
afternoon.   Please be assured this does not impact the deposit of funds to
your bank account.  Your funds will be available on payday, Friday, March
30th.

Please remember that eHRonline provides functionality which allows you to
electronically access your earnings statement.  If you need help with your
logon id or password, please use the automated reset password and id lookup
process online.  If you need further assistance with your ID or password,
please contact the ISC Call Center at 713-345-4727.

We apologize for any inconvenience this may cause.

Corporate Payroll
713-345-5555


I have revised the list to add a few more NDAs that have come to my
attention, and then am also sending the regular Net Works NDA List as well.
I hope these are helpful.


Sara,

Bryan is authorized to sign any documentation for ECL as a single signatory.

Thanks and regards,

Edmund


Well, sounds like everything is great in Germany!  You still didn't tell me about your trip to London?

I'm still doing just "ok".  The busier I am, the better I am, so I'm trying to keep as busy as possible.

If I wasn't poor and worried about my JOB right now, I'd schedule a trip to come see you, but I have to see how things shake out here.  I need to make some money quick!!!  And yesterday didn't help!  I need a vacation!!!  You guys MUST come stay with me at some point while you're here, and I wanna have a party one night while you're here.

Well, trading's getting busy....write back and I'll write more later!

Scott


(See attached file: HPLN1213.xls)

 - HPLN1213.xls


----- Forwarded by Cindy Derecskey/Corp/Enron on 12/15/2000 01:48 PM -----

	Simon Shih
	12/15/2000 01:47 PM

		 To: Cindy Derecskey/Corp/Enron@Enron
		 cc:
		 Subject: Calendar Scans


This memo apparently was already out on e:mail when we were meeting in my
office regarding confirmations.  The language regarding Jeff's role on
financial confirmations and settlements was left in the memo.  It wasn't
clear to me when we met whether Scott and Leslie had talked while looking at
a draft of the memo or whether she had seen this on e:mail.  Since you said
that you had not seen this memo, please follow up with Scott, Leslie and Jeff
to ensure a common understanding around financial confirmations and
settlements so that can be communicated within the organization.  There
should not be confusion over who has responsibility for financial confirms
and settlements.  This memo as sent will create that confusion.  Thanks.
---------------------- Forwarded by Sally Beck/HOU/ECT on 09/27/2000 03:07 PM
---------------------------

Scott Earnest
09/27/2000 12:47 PM
To: Anjali Abraham/NA/Enron@ENRON, Robert J Bonin/HOU/ECT@ECT, Kara L
Boudreau/HOU/ECT@ECT, Matt A Brown/HOU/ECT@ECT, Michelle Bruce/HOU/ECT@ECT,
Barbara Cain/NA/Enron@Enron, Olga Herrera/HOU/ECT@ECT, Mark
Confer/HOU/ECT@ECT, Valarie Curry/NA/Enron@Enron, Tammie
Davis/NA/Enron@Enron, Mary Jane Denson/HOU/ECT@ECT, Keynan
Dutton/NA/Enron@Enron, Diane Ellstrom/HOU/ECT@ECT, Mark Fondren/HOU/ECT@ECT,
Sue Foust/HOU/ECT@ECT, Alexia Gonzales/HOU/ECT@ECT, Eric Groves/HOU/ECT@ECT,
Bjorn Hagelmann/HOU/ECT@ECT, John Hayes/Corp/Enron@ENRON, Veronica
Hill/NA/Enron@Enron, Laura Karl/HOU/ECT@ECT, Nanette Kettler/HOU/ECT@ECT,
Christian LeBroc/Corp/Enron@ENRON, Mark J Leskowitz/HOU/ECT@ECT, James N
Lessor/HOU/ECT@ECT, Linda K Loukanis/HOU/ECT@ECT, Arlene
Mendieta/HOU/ECT@ECT, Richard A Miley/HOU/ECT@ECT, Glenda D
Mitchell/HOU/ECT@ECT, Mary N Morris/NA/Enron@Enron, Michelle
Nelson/Corp/Enron@ENRON, Frank G Newman/HOU/ECT@ECT, Frank
Prejean/HOU/ECT@ECT, Marilyn M Schoppe/HOU/ECT@ECT, Michelle
Schultz/NA/Enron@ENRON, James Scully/HOU/ECT@ECT, Julia Sengele/HOU/ECT@ECT,
Shifali Sharma/NA/Enron@Enron, Lynn E Shivers/HOU/ECT@ECT, Shirley Gail
Sidler/Corp/Enron@ENRON, Karen Snow/HOU/ECT@ECT, Alicia
Solis/EPSC/HOU/ECT@ECT, Patrick Stafford/Corp/Enron@ENRON, Leah
Stephens/Corp/Enron@ENRON, Shelly Stubbs/Corp/Enron@ENRON, Kevin
Sweeney/HOU/ECT@ECT, John Swinney/HOU/ECT@ECT, Michelle
Thomason/NA/Enron@Enron, Brandi Wachtendorf/HOU/ECT@ECT, Rhonda
Washington/HOU/ECT@ECT, Nicole White/Corp/Enron@ENRON, Sony
Wilson/HOU/ECT@ECT, Joan Winfrey/HOU/ECT@ECT, Andrea Bennett/HOU/ECT@ECT,
Shannon Cobb/Corp/Enron@ENRON, Sharon Copley/HOU/ECT@ECT, Michael J
Gasper/HOU/ECT@ECT, John H Harrison/HOU/ECT@ECT, Helen M Jeschke/HOU/ECT@ECT,
George R Lachner/HOU/ECT@ECT, Kristi I Louthan/HOU/ECT@ECT, Ina
Norman/HOU/ECT@ECT, Michael Philips/HOU/ECT@ECT, Kathleen
Salerno/HOU/ECT@ECT, Jill Siekmeier/Corp/Enron@Enron, Angela
Stie/NA/Enron@Enron, Sharon Stringfellow/HOU/ECT@ECT, Tomas
Tellez/HOU/ECT@ECT, Jackie Travis/HOU/ECT@ECT, Lisa Walker/HOU/ECT@ECT, Brent
A Price/HOU/ECT@ECT, Chantelle Villanueva/HOU/ECT@ECT, Sheila
Glover/HOU/ECT@ECT, D Todd Hall/HOU/ECT@ECT, Sally Beck/HOU/ECT@ECT, Patti
Thompson/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Michael E
Moscoso/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, Bill F
Briggs/HOU/ECT@ECT, David J Botchlett/HOU/ECT@ECT, Phil Clifford/HOU/ECT@ECT,
Rudy Dautel/HOU/ECT@ECT, Rochelle Dent/NA/Enron@ENRON, Steven M
Elliott/HOU/ECT@ECT, Alan Engberg/HOU/ECT@ECT, Douglas S
Friedman/HOU/ECT@ECT, Larry Gagliardi/Corp/Enron@Enron, Jim
Goughary/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT, Joe King/HOU/ECT@ECT, Melinda
Joyce Lynn/HOU/ECT@ECT, Patrick Markey/HOU/ECT@ECT, Lisa Nemec/HOU/ECT@ECT,
John L Nowlan/HOU/ECT@ECT, Robert Fuller/HOU/ECT@ECT, Ted
Robinson/HOU/ECT@ECT, Don Schroeder/HOU/ECT@ECT, S Craig Story/HOU/ECT@ECT,
Claude Straub/HOU/ECT@ECT, Helen Marie Taylor/HOU/ECT@ECT, Sameer
Vasudev/Corp/Enron@ENRON, Spencer Vosko/HOU/ECT@ECT, Vickie J
Weaver/HOU/ECT@ECT, Pavel Zadorozhny/HOU/ECT@ECT, Chris Mahoney/LON/ECT@ECT,
John Chismar/SIN/ECT@ECT, Joel Bennett/HOU/ECT@ECT, Simon
Thurbin/HOU/ECT@ECT, Cindy Horn/LON/ECT@ECT, Michael L
Brown/Corp/Enron@Enron, Yolanda Cordova-Gilbert/HOU/ECT@ECT, Marc De La
Roche/HOU/ECT@ECT, Delores Y Frenzel/Corp/Enron@Enron, Doug
Leach/HOU/ECT@ECT, Perla Montemayor/NA/Enron@Enron, Victor
Santos/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David A Terlip/Corp/Enron@Enron
cc:
Subject: Global Products - Houston Organizational Announcement

Based on the recent changes in Global Markets, specifically Global Products
and Coal, the follow organizational changes have been implemented.

Michelle Bruce will assume the Global Products business lead role.  She will
be responsible for ensuring that the business processes and procedures are as
effective and efficient as possible.  She will also be working with other
groups and offices to ensure consistency of both performance measures and
business standards.  John Swinney, lead of Risk Management, and Lisa Walker,
lead of Logistics Coordination, will report directly to Michelle.

Michelle Thomason will continue in her current strategic planning role.  In
addition, she will assume the business lead role supporting new endeavors
that our will group will become involved in, including the cost of funds and
prepays activity.  Michelle will report to Michelle Bruce.

We are pleased to announce that Jeff Sorenson has joined the Global Products
management team .  He will be responsible for physical confirmations as well
as coordinating the financial confirmations and financial settlements for
Global Markets.  Lynn Shivers, Documentation lead and his group, will report
to Jeff.

Mark Leskowitz will continue to manage the trade accounting group for both
Global Products and coal as well as all physical settlements for both
business lines.  Julie Sengele will help with the physical settlements and
the coal trade accounting.  Julie will report directly to Mark.

Michelle Bruce, Jeff Sorsenson and Mark Leskowitz will report directly to me.

Simon Thurbin has joined us from the London office on a temporary assignment
working with Michelle Bruce to define consistent business processes,
practices and procedures.   As a result of this global effort, we will work
to ensure consistency and continuity between the Houston and London offices.

Joel Bennett has joined us from the London office.  He will be working on
changing the Global risk book process, which is being transitioned to Houston.

Shelly Stubbs will be going to London on a temporary assignment to work with
Cindy Horn focusing on processes on procedures, specifically controls.

Please join me in supporting all of these people in their new roles and
additional responsibilities.

Regards,

Scott


Hey,
what's the latest in the service world?     I am working with Tom May on services in Ercot in addition to my Ercot ISO duties.
How does the price cap crap work?    Does this have opportunity for us on the service side or does this kick us in the face?

JMF


EPA and TVA have been negotiating for some time over possible settlements in
enforcement actions filed by EPA over modifications made to TVA power plants
in violation of New Source Review (NSR) rules.  Those negotiations to reach
an out-of-court solution have officially broken down, with TVA filing a
petition in federal court late yesterday opposing EPA's NSR enforcement
allegations.

While many felt TVA might settle with EPA (since it was government
negotiating with government), TVA has taken a very strong stance, indicating
that they made some offers to EPA but that EPA's unreasonable stance would
cause severe harm to grid reliability, the financial viability of TVA and
pocketbooks of the ratepayers.   Southern Company and Duke Energy filed
petitions supporting TVA.

EPA is insisting that these court filings will in no way stop the Agency from
pursuing NSR enforcement measures.

I will keep you posted as to any developments in negotiations or court
actions in this area.

Jeff Keeler
Director, Environmental Strategies
(202) 466-9157


Mary:

Attached is the status of my Canadian files:

1.	Albchem Industries Ltd. - sending for execution

2.	Garden City Plaza Ltd. - send to counterparty for execution on 7/26/01

3.	Canadian Hunter Resources - draft sent to counterparty on 7/27.

Marie


Ricki, I just wanted to follow up, I was told Cynthia and Linda neither
one had damage.  Cynthia's mother and sister had flooding and Linda was without
electricity for awhile.  If you are hearing something different, please
let me know.  Thanks. Lynn

From:	Ricki Winters/ENRON@enronXgate on 06/13/2001 02:09 PM
To:	Lynn Blair/ET&S/Enron@ENRON
cc:

Subject:	FW: Assistance for Flood Relief Victims

Lynn, below was the notice sent to employees that had flood damage.  While I was there, so was TK and she asked me if Linda Ward and Cynthia Rivers were included because she did not see them there.  I just wanted to make sure to pass this on to you.

Thank you,
Ricki

 -----Original Message-----
From: 	Kalmans, Elyse
Sent:	Tuesday, June 12, 2001 5:54 PM
Subject:	Assistance for Flood Relief Victims

We know that many of you have been severely impacted by Tropical Storm Allison and the devastating flood. Enron cares about you and your family and would like to make sure that your immediate needs are being met.

To assist you, Enron is providing employees and contractors who have had their houses damaged with $1000 in travelers checks. To receive the checks, please come by EB1625 after 12 noon tomorrow, June 13.   Please be patient as we may temporarily run out of checks depending on the demand.

Please know that the paycheck you will receive on June 30th will be grossed up to account for the taxes that will be taken out if you are an employee. Also please know that you will be asked to sign a certification of your situation in order to receive the funds.

We hope that this helps you and your family. Our thoughts are with you.

Please call Misha Siegel at x37682 should you have any questions.


Carolyn:

This "e mail" is to confirm receipt of my WorldCom Card

	Jim Schwieger


July 12, 2000

Via Internet

MEMORANDUM

TO: Interested Clients
FROM: John & Hengerer
RE: Commission Meeting -- July 12, 2000

At today's Commission meeting, the Commissioners approved the consent agenda
and then discussed the following items.

 ELECTRIC MATTERS

Order Nos. 888 and 889
Chairman Hoecker announced the D.C. Circuit Court of Appeals' decision
affirming the Commission's Order Nos. 888 and 889.  In its decision, the
Court affirmed the open access principles and stated that public utilities
must provide access to their transmission lines to purchasers and sellers of
electricity in the interstate market.  While congratulating the Staff for a
job well done, Chairman Hoecker also noted that these orders are only a first
step with the next step being Order No. 2000, which is targeted at making the
national grid available on fairer terms and more efficient for all
transmission users.  He also added that functional unbundling has proven to
be inadequate, and that a voluntary regime for reliability is not compatible
with a competitive market.  Finally, he addressed the lack of investment in
transmission and generation  and that he expressed hope that there will be
federal legislation addressing jurisdictional transmission issues.
Commissioner Massey noted that the Court affirmed a mandatory open access
approach, thus translating well for a move to a similar mandatory approach
for RTO policy.

Open Access Same-Time Information System (OASIS) Phase II, Docket No. RM00-10
Today, the Commission issued, with Commissioner Hebert concurring, an
advanced notice of proposed rulemaking to begin the development of OASIS,
Phase II.  By February 15, 2001, interested parties are asked to file
detailed standards for communication protocols and business practices for
transmission providers and customers to reserve and schedule transmission.
The standards are expected to be in operation by December 15, 2001, to
coincide with the date RTOs are to become operational.  This proceeding is
considered to be part of a continuing evolution of OASIS in order to account
for e-commerce and the development of RTOs, while also addressing the need
for fewer seams among regions, increased communications across regions, and
an increase in functionality via uniformity.  The Commissioners urged the
industry to develop an industry consensus in order to allow for an expedited
implementation process.

However, in his concurrence, Commissioner Hebert expressed concern that this
proceeding is unnecessary and/or a distraction to competition and to viable,
stand-alone transmission entities.  Commissioner Hebert believes that this
implementation issue already is covered by Order No. 2000's recognition of
the need for interregion coordination and deeming the RTO as the OASIS
administrator.  Thus, according to Commissioner Hebert, OASIS Phase II is a A
waste of time@.  He also noted his concern that the tight timetable may
stifle innovation, while diverting attention away from more important issues
such as scope and pricing.

 NATURAL GAS MATTERS

Post-Order No. 637 Workshops
The first post-Order No. 637 workshop has been announced for September 19th
as a technical conference.  The subject matter will include changes in the
market, rates and service changes needed for a more liquid gas market, the
role of service standardization, and how the electric generation market can
be supported.  Details on the conference are to follow shortly.

Independence Pipeline Company, Docket Nos. CP97-315, et al.
As part of the consent agenda, the Commission granted a certificate of
necessity and convenience to the Independence Pipeline project.

Well Category Determinations, Docket No. RM00-6
In response to a court decision, which called into question tax credits for
certain wells, the Commission approved a final rule re-instating a process
for natural gas production well category determinations.  The rule
establishes certain formations and types of wells that can be classified as
high cost gas eligible for tax credits under Section 29 of the IRS Code.  The
rules were established to satisfy the court's ruling that a NGPA section 503
well determination needed to be performed by FERC for the wells to be
eligible for the tax credit.  The Commissioners noted that this rulemaking
provides equity for gas producers who have relied on the tax credit, while
also fulfilling a Congressional expectation.


Please see the attached report distributed at the last quarterly meeting.

 If you have any questions please do not hesitate to call.

Thanks,
Ted
X-37952


TO: Houston Area Employees Participating in Domestic Medical Plan Benefits

FROM: Enron Human Resources

We are pleased to pass along to you the fact that United HealthCare (UHC) and
Memorial Herman Health Systems (MHHS) reached agreement on a long-term
contract.   There will be no disruption in terms of accessing network
services from the hospital system or those providers who were scheduled to be
terminated.  Employees currently electing UHC will receive a confirming
letter shortly from UHC.

As mentioned in our earlier memo, it is our understanding that Cigna has also
been contacted by MHHS and are now in contract negotiations.

Open Enrollment packages are in the mail and you should consider the above
facts when making your decision on your medical election.


Any recommendations. Please, let me know ASAP.

Vince

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/24/2001
05:09 PM ---------------------------

Albert Wang <wangfa@rice.edu> on 04/23/2001 12:37:55 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Rice/Enron Speakers for Fall 2001 and Spring 2002

Hi, Vince:

We are considering a preliminary list of speakers for Rice/Enron Seminar
Series in Finance for Fall 2001 and Spring 2002.? Do you have any persons in
mind that you and your group want to include in the list?? Finance faculty
will meet to finalize the list later.

Thanks,

Albert

P.S.: Is Ronnie Chahal still around?? She is currently in my Enron
distribution list with email address: rchahal@ess.enron.com.? I have received
an error message indicating a failure of delivering email to her address.

Fu-Kuo Albert Wang
Assistant Professor
Jones Graduate School of Management -- MS 531?
Rice University?
6100 Main Street?
Houston, TX 77005?

Phone: 713-348-5404?
Fax:???? 713-348-5251
email: wangfa@rice.edu
http://www.ruf.rice.edu/~wangfa/


With our new OnePass MilePass promotion, you can transfer miles between
OnePass
accounts through January 31, 2001 for a service charge of just $4 per 500
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FYI -

 -----Original Message-----
From:  "Greg Felton" <gregory.felton@cgiusa.com>@ENRON
[mailto:IMCEANOTES-+22Greg+20Felton+22+20+3Cgregory+2Efelton+40cgiusa+2Ecom+3E
+40ENRON@ENRON.com]
Sent: Monday, March 19, 2001 6:52 PM
To: Jafry, Rahil; Abbanat, Stephen
Subject: CMS RFP Response

Gentleman,

I've attached a copy of the RFP response for CMS.  It has been delivered via
email and a hardcopy will be delivered tomorrow.

Please review the proposal and let's determine if there are any channels
Enron can work to ensure we make the short list.  Also, in anticipation of
making the list I would like to discuss our presentation strategy.  Are you
available Wednesday to meet.  I'm not available mid-afternoon.

Please advise.

Thanks,

Greg

Office: (713) 868-5537 x1148
Mobile: (281) 787-9760
eMail: gregory.felton@cgiusa.com

 - CMS Panhandle Pipe Line RFP Response.zip


Just in case this is news to you, I've spoken with Ben Gwaltney (A/P) in
Houston about processing rebates.  He explained that when applying for the
rebate, have the rebate check payable to Enron.  Send the rebate check in on
a Deposit Transmittal Form, and code it with the same codes you had used to
process the initial expense (company #, expense code and cost center to which
the rebate should be credited).  If a Deposit Transmittal Form is unavailable
to you, you can just staple the check to a piece of paper showing the
appropriate codes.  Mail this deposit form with the rebate check via
inter-company mail to:  Treasury, Sam Round EB2703.

If I've left someone off of this message who would find this information
helpful, please pass it on.

Have a good weekend!
Anna


Thanks to all who will be attending the 2nd Annual Napa Valley Wine Tour this
coming Saturday!

There are still about 8 spots open, so get 'em while they last.

I will be forwarding a complete itinerary in the next several days, but our
trip will include a private tasting and gourmet deli stop at V. Sattui
Winery, one of the Valley's most beautiful stops!

Please plan on being at the North Berkeley BART Station no later than 9:50 am
on Saturday.  The bus will leave at 10 am sharp and return to the same
location by about 5:30 pm.

Feel free to address other questions to me at mike@ziprealty.com.

See you Saturday!!

Mike

-----------------------------------------------
For reference, your link to this Invite is:

http://www.evite.com/r?iid=EKJDLUUUUDAGAOPCYFPR

Delivered by: http://www.evite.com

Amazon.com 100 Hot Books -- Up to 40% Off
http://r.evite.com/s/r/http://www.amazon.com/exec/obidos/redirect?tag=evitetes
t5&path=subst/lists/best/amazon-bestsellers.html

48484848


*  Again, the weekly newsletter from Western Power Trading Forum
*  Author is Gary Ackerman

---------------------- Forwarded by Jennifer Rudolph/HOU/EES on 04/20/2001
02:42 PM ---------------------------

	Enron Energy Services

	From:  Chris Hendrix                           04/20/2001 11:10 AM
	Phone No: 713 853-9215

To: Jennifer Rudolph/HOU/EES@EES
cc:
Subject: WPTF Friday Row vs. Paid Burrito

---------------------- Forwarded by Chris Hendrix/HOU/EES on 04/20/2001 11:10
AM ---------------------------

Gary Ackerman <foothill@lmi.net> on 04/20/2001 04:07:33 AM
Please respond to foothill@lmi.net
To: webmaster <charlotte@wptf.org>
cc:
Subject: WPTF Friday Row vs. Paid Burrito

 - Row.pdf


Haas CEO Exchange Tickets Available Now

Starting today, tickets are available for the CEO Exchange with HP's Carly
Fiorina and Cisco's CEO John Chambers on April 11 at Zellerbach Hall.? Please
pick up your ticket at the desk of the Evening MBA Program Office this week
(one ticket per student please).

The Show:
CEO Exchange takes place on Wednesday, April 11, at Zellerbach Hall. Seating
begins at 5:30 p.m. (doors close at 5:45 p.m.; no seating is allowed after
taping has begun). The show will be introduced by Dean Laura Tyson and
moderated by CNN,s Jeff Greenfield. It will air on PBS stations on or after
October 1, 2002.

You will have the opportunity to ask questions of the CEOs toward the end of
the show. Both your questions and the answers will be recorded on camera. You
will be part of a television audience, so please look your best (business
casual or business wear please).

The Raffle:
The show at Zellerbach concludes with a raffle of two Pen Cams (a PC camera,
a digital camera, and a digital camcorder in one -- courtesy of AT Kearney)
and Haas Gear. Please make sure that an usher takes your ticket stub before
the show and hold on to your tickets for the raffle.

The Reception:
Please join Dean Tyson, the speakers, Jeff Greenfield, and the CEO of AT
Kearney, Dietmar Ostermann, at a catered reception at the Club Room of the
new Haas Pavilion following the show. The Haas Pavilion is the new stadium
just west of Zellerbach Hall.

The event is free and open to all Haas students. However you will need a
ticket for admission to the show and to the reception.

Location:
Zellerbach Hall is located near Bancroft Way and Telegraph Avenue, a
five-minute walk from Haas. Parking will be tight just before the show, so
please leave your cars at Haas, if you can, or use other forms of
transportation. For more information on CEO Exchange, go to
http://haas.berkeley.edu/groups/pubs/news/articles/CEOexchange41101.html.

This event is organized by the Haas School's Marketing & Communications
Office. AT Kearney is the exclusive sponsor of the show.

We'll see you there.
Ute Frey

________________________________________________________________

Ute S. Frey
Associate Director
Marketing & Communications
Haas School of Business?????????
University of California????????
Berkeley, CA 94720-1900?????????
Phone 1-510-642-0342
Fax 1-510-642-4700
http://www.haas.berkeley.edu


---------------------- Forwarded by Kay Mann/Corp/Enron on 04/24/2001 11:08
AM ---------------------------

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 04/24/2001 10:40:53 AM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc:

Subject: Delta Documents for GE

 <<GE.LegalOpin.DOC>>  <<GE.Consent.DOC>>  <<GE.Receipt.DOC>>
<<GE.Ltr.Forms.DOC>>

Kay:

We have attached execution copies of the following documents for execution
by GE:

1.  GE Letter re Forms of Agreement;
2.  GE Consent and Agreement;
3.  Legal Opinion of Counsel to GE;
4.  GE Receipt.

These documents were circulated by Isabel Parker to Kent Shoemaker, you, me
and others on April 23, 2001.

The only other document is the GE Parent Guaranty.  Greg Lang circulated
comments (in a PDF file) by an e-mail 4/18 at 5:59 p.m.   Greg asked earlier
today whether the form of this document had been agreed by GE and I could
not respond.

You should have the following documents:

1.  Assignment and Assumption Agreement; and
2.  Turbine Contract.

Several of the ENA documents are not yet finalized, so I will try to get
those to you after lunch.  Please send over the LLC certificate book in
order that we may prepare membership certificates.

If you have any questions or comments, please advise.  Thanks.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosures

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - GE.LegalOpin.DOC
 - GE.Consent.DOC
 - GE.Receipt.DOC
 - GE.Ltr.Forms.DOC


Elizabeth:
I had a question about a recurring provision that I have seen in your Power
Contracts.  Looks like our credit group accepts a Guaranty from a
Counterparty's Credit Support Provider as a form of Performance Assurance to
satisfy any collateral posting requirements.  On the financial side,
Guarantys always supplement the colateral requirements such that we require
them to post cash or LC's to us even if we are holding a parent Guaranty.
Why is there a different approach on the power side?  Alos, how does credit
value a parent guaranty?  For example, if the parent's financial condition
worsens, does the value of the Guaranty drop?  Let me know what you think.

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 10/18/2000
12:39 PM ---------------------------

Charlene Jackson@ENRON
10/17/2000 08:32 PM
To: Cantekin@mail.utexas.edu
cc: Vince J Kaminski/HOU/ECT@ECT, Becky Bruce/NA/Enron@ENRON, Teresa
Bosien/HR/Corp/Enron@ENRON
Subject: Full-time offer terms

Cantekin,
Dolores Muzzy forwarded your e-mail.  I apologize for not answering sooner
but I have been travelling.

Unfortunately, the  terms of the Associate Program compensation package are
not negotiable.  We have reviewed our terms and believe we are competitive
with our peers.  I have spoken with Vince Kaminski who will be calling you to
discuss.

Given that it has taken 6 days to respond to you, if you are still
considering Enron's offer of employment I will extend your deadline until
October 24th.

Please call if you have any other questions.

Sincerely,
Charlene Jackson


Dan,

I work for Tom Martin on the Texas Gas Trading Desk and he has some questions
on EOL "Force Majeure" language.  Specifically, we buy/sell gas at the Exxon
Katy Plant and were wondering the "Force Majeure" ramifications of the the
Plant closing due to freeze-offs, i.e. can we claim Force Majeure in that
instance and what remedies are provided for in the EOL contract language?
Additionally, we buy/sell gas at HPL pooling points such as Agua Dulce Pool
and were curious about the Force Majeure provisions and remedies for these
pooling zones.

I do not know if you are the right person to contact regarding this
information, but if you can provide any insight I would greatly appreciate it.

Thanks in advance.

Sincerely,

Eric Bass
x3-0977


Just wanted to let you know that Australia is aiming for a March 20 launch.

1) Mark T/Debbie: Can you both confirm that you have reviewed and approved
the Australian customer list? (Debbie - I think you may have reviewed the
list, but I'm not sure if Mark has seen a copy yet)

2) Mark T: Final long descriptions should be available very shortly (next day
or two?) Can you update me on what you have/have not seen and if you are
happy with what has been covered so far? I believe you have been in contact
with David Minns, so I am hopnig everything is in order.

3) Frank: Please coordinate with Debbie to ensure that we have input from all
required depts. with regard to the customer list.

Thanks,

Dave


Can set up a conference call with me and Remi Cologne in Brazil this week.  Also, what happen to Manu.


Russell:
Based on my review of the 6/23 draft of ISDA Schedule here are my credit
questions:

1. There is no Credit Support Provider for Equitable.  Should there be?

2. What should the cross default thresholds be and who should they apply to?

3. Are you satisfied with the Additional Termination Event?    I'm assuming
that in clause (i) of the definition of Debt Coverage Amount, it makes sense
to take "future" revenues from the preceding year and subtract from it asset
sales made during the current year?  How will we know what assets sales are
made?  Will the future net revenue calculation be shown on the reserve report
that we receive annually?  When will this calculation be done?  Are you
satisfied with their definition of Internal and External debt?

4. In Part 3(a), looks like we would only receive an annual reserve report.
Is that sufficient?  When should we get it?  Alos, whose financials do you
want to receive?

5. In Part 5(c) - Setoff, I'll just note that this only applies to amounts
due and owing between the parties and does not include "affiliates".

6. In Part 5(f)- Assignment,  we need to decide what conditions precedent we
want to apply to the limited partnership entity that they assign it to given
the fact that once assigned, we will have no recourse to the partners, even
the GP.  For example, should the LP have a minimum asset value at the time of
the transfer?  It is not clear to me what assets this LP would own at the
time of the transfer and I'm assuming that we would want it to meet some
minimum credit criteria prior to such transfer.  In addition, are you
satisfied with the debt and asset sale limitations?  On asset sales, I think
that they need an annual limit as it is not clear to me how the $2,000,000
limit currently works.  Alos, I think that all of these limitations in
Section (f) should either be additional Events of Default or Additional
termination Events.

Please call when ready to discuss.

Carol


Hi everyone!

We are having the first Research Reunion!  Here are the specifics!


most bullish thing at this point is moving closer to everyone's
psychological $4 price target and that everybody and their dog is still
short.  next sellers need to be from producer community.  saw a little this
week with williams hedging the barrett transaction but wouldnt say thats
indicative of the rest of the e&p community.  short covering rallies will
get more common here.  velocity of move down has slowed significantly for
good (except maybe in bid week).  my concern is if we go to $4 and people
want to cover some shorts, who's selling it to them?  might feel a lot like
it did when we were trying to break $5.


Team,

I do not know if we have a full and complete set of documents, and if so, how
long it will take to get these documents copied.  Ben, can you address that
issue?  I don't want to assume that this is a slam dunk, as this is the kind
of thing you can trip up on, especially since they are on a tight
construction schedule.

I'm not sure I understand his second comment.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 12:53
PM ---------------------------

"George Kutzschbach" <gkutzschbach@fulbright.com> on 12/11/2000 12:15:15 PM
To: Ben.F.Jacoby@enron.com, Kay.Mann@enron.com, CCampbell@KSLAW.com,
JKeffer@KSLAW.com
cc: areynaud@coral-energy.com, dwhaley@coral-energy.com,
TSeigler@coral-energy.com

Subject: Three (3) letter agreements

I have not received all TEH's comments, however, in the interest of time
I am passing along the following changes to all three (3) of the letter
agreements:

Section 3(g):  The addition of "in ENA's possession" should be deleted
from Section 3(g).  We were told that Exhibit T (or Exhibit B-2 in the
case of the ABB) was deleted from the Facility Agreement because the
documents had already been furnished to ENA.  If all these documents
have been furnished by GE (or ABB), then the addition of "in ENA's
possession" is not needed.  If all of these documents have not been
furnished by GE (or ABB), then the Facility Agreement should specify the
documents not yet furnished and bind GE to furnish those not yet
furnished, and in the letter agreement ENA should covenant to deliver
the specified documents which have been furnished.

Section 6(b):  Clause (iv) of Section 6(b) should be revised as
follows:

"(iv) following the date from the execution of the Facility Agreement
through the closing of the Transaction, neither ENA nor the LLC
will not have agreed to or issued agree to or issue any written election
or waiver with respect to the Facility Agreement as of the date of
closing."

The draft of the Facililty Agreement contemplates that the date of the
Facility Agreement and the date of execution are the same.


Dear Mr. Lay,

I just wanted to drop you a  note and personally wish you the best of luck with Enron Corp. through the  holidays and in the coming new year.  Although I am not a stockholder,  I've always believed that Enron Corp. was on the cutting edge of everything  that was good about the energy business, and what's right for Texas in  particular.

My wife works for the  American Heart Association here in Austin. She said you and your  company have been a long time and generous supporter of AHA.  Thank  you for that.

As I was reading in the  Austin American Statesman this morning, I understand that you have gone to great  lengths to do "the right thing" for everyone  concerned.  I firmly believe  that you will come out of this situation on top and continue to prosper and  profit as always.

P.S.  I hope that my email moniker of  "elduque" didn't throw you.....I am not with any east coast competitor!  I  picked it up while watching a World Series game last year and thought it  appropriate at the time, when Yankee pitcher "Elduque" was busy striking  out the side. Here's hoping you can do the same!

Best Wishes For The Holiday Season!!

Respectfully,

Douglas Smith


Chris,

Hello from Houston.  I really enjoyed meeting with you last Saturday at your
gallery.  Your collection of work is very impressive.

I have not received your digital pictures that you were putting together but
I did talk with my wife about the Bonnard.  The Bonnard is my first choice of
all the pieces we discussed.  I found an illustration of it on the net (from
another gallery) and she liked (although - not as much as me).  I am prepared
to purchase a Bonnard and the Radiator is my first choice.  I would like to
establish a relationship and do business with your gallery and would like to
know what is your best price for the piece.  I will not shop the price around
and will make a quick decision with a credit card number.   When I get your
response and if it is competitive, I'll confirm the purchase when I pick up
the email.

Thanks,
Mike McConnell

PS - I will hold off on the others for now and when you send me the pictures
I will show them to my wife for consideration.  I am considering the Mary
Cassat as a gift for her.


looks good
kh

 -----Original Message-----
From: 	Villarreal, Lillian
Sent:	Wednesday, October 24, 2001 11:15 AM
To:	Davis, Geneva; Hyatt, Kevin
Subject:	EIA Announcement

Please review the announcement for EIA before I send it in.

 << File: Enron in Action Submission FormEnronKids.doc >>


I have created deal 266962 for the volumes at mtr 6757.

What price is Duke reporting for the mtr 5192 volumes?  The only activity
we've had out there is payback with Koch.

D

   Aimee Lannou                05/09/2000 03:30 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON
Subject: Sarco Lateral and Crow O'Connor Meters

Daren - Have you had a chance to look at this?

- Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 05/09/2000 03:26
PM ---------------------------
   Aimee Lannou                05/04/2000 03:26 PM

To: Daren J Farmer/HOU/ECT@ECT
cc: Fred Boas/HOU/ECT@ECT
Subject: Sarco Lateral and Crow O'Connor Meters

Daren - Can you set up new deals for meter 6757 and 5192?

 Meter 6757 Crow O'Connor -  Counterparty Duke Energy & Trading

  Month  Contract Deal #
  June 99  ENA 201 87426
  July 99  HPL 215 95072
  Aug 99  HPL 215 102775
  Sept 99  HPL 215 110502

 Meter 5192 Sarco Lateral

  No deal has ever been set up for meter 5192 for Duke Energy & Trading.
There is flow for May, July and Nov. 99.

Will you please let me know if you set up new deals for these meters?

Thanks.

Aimee
---------------------- Forwarded by Aimee Lannou/HOU/ECT on 05/04/2000 03:17
PM ---------------------------

Fred Boas
05/04/2000 12:08 PM
To: Aimee Lannou/HOU/ECT@ECT
cc: Robert E Lloyd/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT
Subject: Sarco Lateral and Crow O'Connor Meters

Aimee:

The Crow O'Connor, meter 6757 has its gas allocated to Strangers Gas for
April and May 1999 and Duke has been calling Settlements asking for their
money.  I will need to set up accounting arrangements for this meter for
these months so please provide me the correct transportation contract and
valid deal # for this transaction.

In addition, the Sarco Lateral, meter 5192 has its gas allocated to Strangers
Gas for May and July 1999 and Duke has been calling Settlements asking for
their money.  I will need to set up accounting arrangements for this meter
for these months so please provide me the correct transportation contract and
valid deal # for this transaction.

I would like to get this done ASAP since the customer is calling Settlements
and we start close next week.

Thanks,

Fred


The following are CAL businesses who responded to Ken Lay's first direct mail
package.  These businesses responded by email and/or telephone.  All of the
CEOs identified a point person within their respective organization whom we
should contact directly in order to coordinate.
Paramount Studios
Gap, Inc
Northrup Gruman
AMD (SVMA)
US Borax
Cisco (SVMA)
Commerce One
Raley's

The following were not interested in working with us at this time
Catholic Healthcare West
Intuit

Number of hits to Enron's CAL business website dedicated to the energy crisis
As of April 2nd, our California page had been loaded 16 times from
individuals outside of Enron.  This site was created specifically for the CAL
business direct mail effort.  The 115 businesses who were sent the package
were the only entities that we promoted this site with. **if you are an enron
employee, it's okay to hit the site from within the Enron building.  We can
differentiate between hits from inside and outside of Enron.  If you work for
Enron outside of the EB in Houston.....please do not go to the site.  Our
ability to track hits will then be skewed.  Thanks.**


This is a follow up on the conference call during which Pam Hill of Mirant
mentioned this documents.  MAAC's comments regarding RTOs future role in
reliability standards could have a significant impact on the ongoing NERC
organization standards process.  The NAERO working group will review these
documents and consider what recommendations, if any, to make to the full
Regulatory Affairs Committee.

 - 20010607_resolution.pdf
 - 20010607_rev_nerc.pdf


As part of Enron Industrial Market's (EIM) move into the Pulp, Paper and
Steel markets, our European effort is well underway. Our markets are global
in nature and we believe we need a strong presence in Europe to penetrate
that market effectively. Accordingly, we are pleased to announce that Bruce
Garner has been appointed President and Chief Executive Officer of Enron
Industrial Markets - Europe. In this role, Bruce will be responsible for all
activities for EIM in the European market.

Please join us in congratulating Bruce in his new position.


PLEASE DO NOT RESPOND TO THIS E-MAIL--THIS ACCOUNT IS NOT MONITORED

AP User:

Attached is/are the payment proposal(s) for your business unit.  Please review and forward to your approver(s)/CAO.

Thank you.
SAP AP Team
 - 20020109-DENWW.XLS


FYI, all new deals that are at NGPL/Nipsco, need to be in sitara at
Nipsco/NGPL.  Please shout with any questions.
PL

---------------------- Forwarded by Phillip M Love/HOU/ECT on 01/23/2001
08:56 AM ---------------------------

	From:  George F Smith                           01/23/2001 08:08 AM

To: Phillip M Love/HOU/ECT@ECT
cc: Cora Pendergrass/Corp/Enron@ENRON, Margie Straight/HOU/ECT@ECT, Jason
Williams/HOU/ECT@ECT, Patrice L Mims/HOU/ECT@ECT
Subject: NGPL Nipsco

Phillip, Please move the following two deals from their current location,
NGPL/Nipsco, to a new location Nipsco/NGPL.  We are setting up Nipsco as it's
own pipeline so as to better track positions. Please make the change
effective Feb. 1.

Thanks, George


Thanks.  You guys are doing great.
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/07/2000 09:49
AM ---------------------------

	From:  Ben F Jacoby @ ECT                           12/07/2000 09:47 AM

Sent by: Ben Jacoby@ECT
To: "'gkutzschbach@fulbright.com'" <gkutzschbach@fulbright.com>,
"'areynaud@coral-energy.com'" <areynaud@coral-energy.com>,
"'dwhaley@coral-energy.com'" <dwhaley@coral-energy.com>,
"'TSeigler@coral-energy.com'" <TSeigler@coral-energy.com>
cc: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>, "Campbell, Carolyn"
<CCampbell@KSLAW.com>, Rebecca Walker/NA/Enron@Enron

Subject: 11 AM Conference Call

We have set up a call-in number for our 11 AM call as follows:

Dial-in 800-991-9019
Passcode 6842106#  (the "#" key needs to be pressed after the numbers are
entered)

It would be helpful to have your comments on the LLC agreement as soon as
possible. Thanks much.

Ben Jacoby
---------------------- Forwarded by Ben Jacoby/HOU/ECT on 12/07/2000 08:35 AM
---------------------------

"Keffer, John" <JKeffer@KSLAW.com> on 12/07/2000 09:31:11 AM
To: "'gkutzschbach@fulbright.com'" <gkutzschbach@fulbright.com>,
"'areynaud@coral-energy.com'" <areynaud@coral-energy.com>,
"'dwhaley@coral-energy.com'" <dwhaley@coral-energy.com>,
"'TSeigler@coral-energy.com'" <TSeigler@coral-energy.com>
cc: "'Ben.F.Jacoby@enron.com'" <Ben.F.Jacoby@enron.com>,
"'Kay.Mann@enron.com'" <Kay.Mann@enron.com>, "Campbell, Carolyn"
<CCampbell@KSLAW.com>
Subject: Revised Letter Agreements-Enron/Coral LLC

Attached for your review is a revised letter agreement marked to show the
changes made from the draft received yesterday from F&J. Also attached is a
draft of the letter agreement with respect to the second LLC.  A draft of
the letter agreement with respect to the transformer will follow shortly.

I understand that we are to discuss these documents at 11 AM today.  In the
interest of time, these drafts are being distributed without having been
reviewed by Enron.

Regards

John L. Keffer
King & Spalding
713 751 3255
713 751 3280 (fax)
jkeffer@kslaw.com

 <<Redlined Letter Agmt CA Energy Dvlpmt I LLC.DOC>>  <<Letter Agrmt CA
Energy Dvlpmt II-A LLC.DOC>>

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.

 - Redlined Letter Agmt CA Energy Dvlpmt I LLC.DOC
 - Letter Agrmt CA Energy Dvlpmt II-A LLC.DOC


To:  Enron Employees Worldwide
From:  Stephen Cooper
Date:  Thursday, May 2, 2002

As I mentioned at the employee meeting in April, this Friday, May 3, we will present to the Creditors' Committee a plan to separate our core energy assets from the estate and the issues surrounding our bankruptcy through a process called a "363 Sale."  These assets are viable businesses that represent Enron's roots.  If we are able to move quickly, we believe this 363 Sale process will allow us to maximize the value of these assets.

We intended to rollout our plan to employees early next week following the presentation to the Creditors' Committee.  However, the Wall Street Journal got a relatively final draft of our plan and were prepared to run a story today.  To ensure accuracy, we decided to work with the Journal on their story and I participated in an interview late yesterday afternoon.

I certainly regret that you have to learn about our plans from the media rather than directly from me or other members of the management team.  Yet until we present to the Creditors' Committee, we are still not at liberty to share the full details of the plan with employees.  We look forward to proceeding with our rollout early next week.  In the meantime, we've attached below the article from the Wall Street Journal.

Enron Plans Return to Its Roots --- Draft Proposal to Creditors Envisions a Smaller Firm Focused on Hard Assets
By Rebecca Smith and Mitchell Pacelle
The Wall Street Journal

	Enron Corp. plans to reorganize as a small company under a new name, according to a draft copy of the firm's plans -- returning to its roots of a decade ago, before the aggressive strategy that led to its spectacular expansion and then collapse.
	Under plans scheduled to be presented to creditors Friday, Enron would carve out a small integrated energy company with assets of about $10 billion in North and South America. The new entity would likely take a new name in order to escape the taint of Enron's fall and the baggage of numerous investigations into its finances.
	It would then be put on the block in bankruptcy court, quickly giving Enron's creditors the choice to retain a stake in the new company -- or sell it off, whole or in parts, if more attractive bids emerge.
	Enron lost the confidence of creditors and investors as revelations emerged last fall that the Houston-based company had hid debt and pumped up profit through a series of off-balance-sheet ventures that in some cases enriched a handful of senior executives. After failing to merge with rival Dynegy Corp., the company sought bankruptcy-court protection in December, the largest such filing in U.S. history.
	The new plan calls for a small operating company -- for now dubbed "OpCO Energy Co." -- to own power plants, electric utilities, natural-gas pipelines and liquefied-natural-gas facilities, but little else. The biggest properties would be the Portland General Electric utility in Oregon; Elektro, a Sao Paulo-based Brazilian utility and about 15,000 miles of pipeline assets on both continents -- less than half the amount of pipes that Enron once possessed.
	The plan would essentially make the Enron successor little different from other U.S. energy companies that provide electricity and natural gas, giving it few advantages over competitors. It would also make the new company more reliant than ever on volatile South American operations at a time when its U.S. rivals are scaling back their commitments in the region.
	Nevertheless, Enron's new management team, headed since January by restructuring specialist Stephen Cooper, hopes that the creation of a new company will protect the assets it needs from a long bankruptcy-reorganization process that could hurt their value. Under the company's plan, all of Enron's other assets would be liquidated in that process. The number of employees would drop steeply -- from about 23,000 today (already down from a peak of 31,000 before the bankruptcy) to around 12,000.
	"In my view, we're going to be in bankruptcy for a number of years, because of the difficulty we're going to have resolving all of the claims," Mr. Cooper said in an interview yesterday afternoon, after Enron's board had met to go over the plan.
	A spinoff, he said, also could protect the new business from problems stemming from the bankruptcy such as customers wary of entering into new contracts and a welter of litigation and competing claims. Customers who otherwise might shun Enron could embrace the new company, Mr. Cooper predicted: "Once we're out from under, what they will see is a company with great assets and great cash flow that can stand on its own two legs."
	Enron's creditors wield enormous influence over how the bankruptcy reorganization will unfold. Mr. Cooper and his advisers will have to convince these unsecured creditors -- who have asserted billions of dollars in claims -- that they stand to recover more of their money by turning Enron's core assets into a new company than selling them off in a fire sale. Because Enron now owes a fiduciary obligation to them, these creditors have the power to press the company to alter the plan considerably, or to proceed directly to a liquidation.
	"The [creditors'] committee has a bunch of bright, reasonable businesspeople on it," said Mr. Cooper. "Their goal, to maximize value, is consistent with ours. I'm confident that we will be able to make a case for value maximization by adopting this approach."
	Luc Despins, a lawyer for the creditors' committee, said he hadn't yet seen the plan and couldn't comment.
	Protracted negotiations are likely to follow the Friday meeting. If and when Enron reaches an accord with creditors, Enron will file the plan with the bankruptcy court, which must then approve it.
	The proposed reorganization would sweep away a decade of rapid growth, returning the company to its size in 1992, when former Chairman Kenneth Lay and then-President Richard Kinder were running the company. Four years later, Mr. Kinder left Enron and was replaced by Jeffrey Skilling, under whose leadership the company began to disparage hard assets and emphasize the energy-trading business that eventually turned Enron into a far larger concern.
	Whether the new company can escape the taint of Enron is far from certain. "The success of OpCo as a going concern will depend on its ability to separate reputationally from Enron," the draft business plan says. In addition to winning support from creditors, Enron must disentangle itself from many complicated financial arrangements and an existing agreement to sell Portland General Electric to Northwest Natural Gas Co., a deal which hasn't yet closed.
	In recent months, new managers have devoted considerable energy to trying to understand Enron's complicated financial arrangements. They are also trying to unravel the contents of a plethora of "SPEs" or special-purpose entities. They were created, beginning in the mid-1990s, as a way to pump up profits, hide debt and raise money from outside investors.
	The draft plan contains a list of assets Enron wishes to retain for the new company, some of which may be entangled in these special-purpose entities. For example, Centragas, a pipeline company in Colombia, is a proposed asset of the new company. But separate, internal spreadsheets reviewed by The Wall Street Journal show that controlling interest of that pipeline already had been pledged to two investment vehicles, Rawhide LP and Whitewing LP. They, in turn, may have passed along interests to other Enron entities, Tombstone Assets LLC and Ponderosa Assets LP.
	The company said it is trying to "unwind" many of the investment vehicles to gain clear title to the assets for the new company, but it cautioned that "the unwind and resolution of these structures may affect the financial results presented" for the new company.
	If the new company is created as outlined, its pro forma net income -- based on past performance of the units it hopes to retain -- is projected to be $243 million this year, $352 million next year, $450 million in 2004 and $503 million by 2005. That is based on assets of $10.1 billion currently, rising to $11 billion by 2003.
	That's a far cry from what Enron claimed at its peak. In 2000, the last year that full financial records were posted by the company, Enron said its net income was $979 million on $100.8 billion in revenue. Those numbers -- as well as financial statements in the previous three years -- were eventually retracted as Enron came under increasing scrutiny from investors and regulators.
	The plan said the company wants to keep enough assets to form the basis of a new company because the market is "already overloaded with properties for sale" and prices aren't very good. Enron's collapse is partly to blame for that market glut, because credit standards have been tightening, forcing many energy firms to shed assets and pare debt.