Subject: "2001 CADER Conference - update".

Body: Hi, I wanted to update you regarding the DG conference to be held in San Diego on November 1-2, 2001, presented by CADER and co-hosted by the DPCA, USCHPA and the AGCC. The program for the conference has been posted on the CADER website at www.cader.org If you have not yet registered, please note that the cut-off date for early-bird registration and hotel room rate reservation is September 30th. Please reserve your rooms early to ensure space. Registration forms also can be downloaded from the web site and you can register either on-line or by mailing/faxing the form to the address noted on the form. Look forward to meeting you at the Conference, Jairam Gopal Chair, CADER.

Subject: "VAR Limits".

Body: As we near the end of the year, I want to make clear some individual VAR limits I have come up with as we go forward. These will change from time to time as to allocate VAR to desks that are profitable and re-adjust VAR when desks are not profitable. Please read carefully. If you have any questions feel free to see me. There will be penalties for not staying within your VAR limits. I will be reasonable but fines will be assessed for repeated breakage. Rob Benson - 7 MM Paul Broderick - 1.2 MM Gautum Gupta - 1.5 MM Joe Quenet - 300K Ben Rogers - 300K Garrett Tripp - 300K

Subject: "BC Gas Utility Ltd.".

Body: We have received the fully executed First Amendment to ISDA Master Agreement dated as of December 1, 1999 between ECC and the referenced counterparty. This First Amendment adds the British Columbia Securities representation to the ISDA Master Agreement. Confirm Desk: You no longer have to add this representation to every confirmation.

Subject: "June Deals".

Body:
Scott, Could you please move the following deals from Tom Donohoe's desk to the Upstream desk for June forward and enter corresponding desk to desk tickets? However, on the gas daily desk to desk, can we please aggregate all the volumes and enter just one desk to desk at the ANR pool? If you have any questions regarding this please feel free to ask either myself, George or Charlie. It would be great, if you could get this done before tomorrow. 749363 312114 749065 340337 340382 340387 706080 751703 Thanks,