Subject: "Talking points w/ Kevin Hannon".

Body: Here are the bullets for your discussion w/ Kevin regarding EBS interest in service from EAMR. EAMR/EBS OPPORTUNITIES ? Asset Management Services provided by EAMR will generate costs savings for EBS. ? EBS assets under consideration - Cable Duct and ROW Signal Amplification Re-gen facilities (located approximately 50 mile intervals) Customer Terminal locations ( Buildings, HVAC Maintenance) POP's "Point of Presence" ( Electronic Switching) ? Services to be provided Operations/Maintenance Fleet Management Material Management Safety Technical Services Environmental ROW Communications Computerized Maintenance Management System Crisis Management/Emergency Response Damage Prevention ? Preliminary estimate of cost savings at approximately $2 million annually. EAMR would propose to share those savings with EBS. ? EAMR would absorb some of the existing EBS operations employees that are necessary to achieve required skill levels for EBS facilities. Approximately 40% of EBS ROW is in proximity to pipeline assets.

Subject: "Resignation from Enron".

Body: Jim and Rick, I will am resigning from Enron and terminating my employment, effective December 31, 2001. At the first of the year, I will be joining the consulting team building RTO West. It has been a great opportunity to work with you here at Enron. I have learned a great deal. Thanks for all you kindnesses to me. Steve Contact Information:

Subject: "Option Grid Changes to show months with 0 value".

Body: John, I went through the code and realized that the change to show months with 0 value is a little big change and cannot be done in hours. The problem I see is that when portcalc values a post id, it does not create any data in database for the months where you do not have positions. What it means it can be done but it will take minimum 3-4 days to make the changes, test it and give it to you. Also it will slow down option grid a little more as I need to build rows with 0 values which are not in database. I just wanted to give you an update and I will talk to Karima & Francis to let them know how we are going to handle it. Let me know if you have any questions.

Subject: "more deals to move to bankruptcy books".

Body:
Hi all, Attached please find some "stragglers" that need to moved into the bankruptcy books. These deals have also been added to the cumulative deal report saved on the O:\_Dropbox\Global Contracts - Estate Research (CYN'S)\Deals Reported to Risk (Phy) Master Cumulative List.xls. Please let me know if you have any questions. Thanks,