IN: This is an email
Please add the following credit reserve for September. Counterparty: PG&E Energy Trading-Power, L.P. Trader: Rob Benson Deal #: 781643.1 Deal Date: 09/19/2001 Deal Description: EPMI selling 50 MW on peak power into PJM (Western Hub) Cal 05 Notional Volume: 204,000 MW Term: 1/01/2005 through 12/31/2005 Delivery Point: PJM (Western Hub) **Reserve Amount** $20,000 (Twenty Thousand US Dollars) Transaction confirmed under EEI executed 03/01/2001. Thanks,

What is the subject?

OUT: Credit Reserve - Deal #781643.1

IN: This is an email
Thanks for the quick response. On short notice, Thursday 9/9 did not work. I have two alternatives: Friday, 9/10 and Wed., 9/15. If you could advise of your availability by the end of today, I can give everyone a firm date. Thanks. Sara

What is the subject?

OUT: Confirmation Desk/Legal luncheon

IN: This is an email
Greetings Steve: We have had many inquiries regarding our transportation agreements, specifically PGT, Kern River and El Paso. Most pressing is PGT's request to market capacity on our behalf. Although I do not believe we need to have PGT perform this function, I do believe we could mitigate some demand charge exposure for "the estate". Are you available to meet with Barry and I first thing tomorrow morning? We need to have an answer for PGT's request. We need to know what the contractual rights are for 1) the pipeline when a shipper declares bankruptcy and 2) our ability to mitigate demand charge exposure by releasing capacity on a short term basis (month at a time?). Better yet, can we unilaterally turn capacity back to any of these pipes or do we need to reach some type of court approved settlement? Obviously, we have many questions. Please advise of your ability to meet ASAP. Thanks,

What is the subject?

OUT:
Contractual Obligations Associated with Long Term Pipeline Contract