This is the content of an email: Ken: Mark H. asked me to forward to you this initial draft term sheet. We would like to talk to you, and presumably one of your colleagues, tomorrow regarding the possible antitrust implications of the proposed structure. Please give me a call and we can schedule a time. Thanks,

Subject: Project Bigtoe

This is the content of an email: David: I will try to call you before I leave work today to follow up with any questions you may have with respect to the following items: (1) I am having the Representative Agreement executed by ENA and will return an original to your attention. Shari suggested that Susan Musch initial the agreement and Susan is out until May 22. (2) The ENA/Aquila weather deal has not been finalized ONLY because I have been waiting to actually view the Floating Price source materials which our traders have never been able to produce or cite a reference to (so that I could view). There is no problem with the deal. (3) As a policy matter for Enron Australia Finance Pty. Limited, do you always agree to the non-exclusive jurisdiction of the courts of New South Wales as opposed to arbitration? I am negotiating the ENA/ABN AMRO (Australian branch) futures agreement and am trying to determine appropriate jurisdiction. (4) ENA is attempting to draft an ISDA Master Agreement with a company incorporated in New Guinea (which may have a US office). I don't know a darn thing about New Guinea law. Do you happen to know if we've ever dealt in New Guinea, any lawyers located in New Guinea, what law is used (I guess New Guinea!) or whether it's similar to other PacRim countries? I'll speak with you later. Regards. Sara

Subject: Australian matters

This is the content of an email: Not surprisingly, the organization is moving faster than Rick Buy's vacation schedule. Our meeting is set with Mark Frevert, Rick Buy, you and me on August 28 -- two weeks from next Monday, dictated by Rick Buy's schedule. I

Subject: Meeting with Mark Frevert - Should We Move It Up?

This is the content of an email: MRyanTaber@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: Dear ICAP Working Group Members, Please be guided by the following dates and places for the meetings that have been scheduled for October 5, October 19 and November 1, 2001 from 10:00 - 4:00. Agendas and meeting materials for these meetings will be posted as soon as they become available. October 5, 2001, NYISO Office, 290 Washington Avenue Extension, Albany, NY, Conference Room WA. October 19, 2001, NYISO Office, 290 Washington Avenue Extension, Albany, NY, Conference Room WA. November 1, 2001, Albany Marriott Hotel, 189 Wolf Road, Albany, NY.
Subject: NYISO ICAP Working Group meetings