This is the content of an email: Geoff - Attached for your approval are four confirmations for the Ring Trades done among Enron, Reliant, and Bank of Montreal: You will note that an Exhibit A is attached to each confirm - but can you tell me from whom at both counterparties I can obtain the Exhibit B (transaction b/t Reliant and BOM) in order to attach that as well. Please review and advise. Thanks,

Subject: BOM/Reliant Ring Trades

This is the content of an email: I have spoken with Calger about us going through the West Power contracts with his team next Tuesday through Friday. They are gathering an extended set of information (including the items on the current matrix) on their top 25 exposures. The top 25 exposures include the top exposures under Master agreements and in many cases include numerous contracts. Chris said that the 26th exposure was about $10MM and one would need to get to about the 50th exposure to get below $1MM. I asked him to forward down whatever they had completed to date so we could get educated and keep a central file. He is also going to forward a call in number for a conference call tomorrow so we can begin to get educated on the current effort. Lorraine Becker (ext. 31680) will be handling travel arrangements. Please forward your credit card # so she can complete the reservations. (P.S. Piper is getting verification from Bowen regarding travel expenditures.)

Subject: West Power

This is the content of an email: Tanya: I'd like to send our Schedule to Rabobank today since we will be off Monday, Jan. 15 and I have been called for jury duty on Tuesday, Jan. 16. I will ask Angela Davis (a finance lawyer with swap experience who is helping us out on the structured deals) to handle this for me. I don't want to deal with Rabobank's form of Schedule as a basis for discussion and I am told that this deal closes Friday, Jan. 19.. A voice mail would be greatly appreciated. Thanks. Sara

Subject: Project Cerberus - amended to introduce the swap counterparty Rabobank ("Rabo")

This is the content of an email: Jim, No changes in the schedule. The meeting will take place, as scheduled, on the 6th of December at 9:00 a.m. We may have to cancel lunch with the professors as they have other commitments. The meeting will last about 2 hours. Vince
Subject: Wharton trip