IN: Due to the announcement Friday of the new organization of the trading groups to EWS, and the decision to include the risk control groups as part of Enron NetWorks, please hold off on making any of the below noted moves until we have resorted everything out. We will endeavor to have this clarified by mid-week to enable us to make everything effective as of April 30. Thanks

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OUT: Holdup on EES Transfers to EWS

IN: Jamie Serota and Allan Van Fleet with Vinson & Elkins have developed a one hour CLE program covering the antitrust issues encountered when non-regulated entities such as Enron compete with regulated utilities for market share. An outline of the program is attached. Jamie Serota and Allan Van Fleet will present the CLE program on Wednesday, August 22, 2001 at the Doubletree Hotel, 400 Dallas (La Salle B room) from Noon to 1:30 p.m. The program will be accredited for 1.00 hour of CLE credit including at least .25 hours of ethics credit. If you would like to attend please RSVP by Wednesday, August 15, 2001 by sending an e-mail to my assistant, Janette Elbertson. Lunch will be served.

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OUT: CLE Program - Antitrust Issues Relating to Regulated Industries

IN: Hello Eric, It was great to speak with you this afternoon. Thank you for taking my phone call. As mentioned, Intercontinental Staffing Group is primarily focused on serving the energy trading industry, bringing together top energy trading talent with the worlds leading energy trading companies. Our search consultants have past experience in either trading or brokering energy commodities. This gives us a distinct advantage with respect to our knowledge of and exposure to the energy trading industry. We are currently working on filling several trading and marketing/origination positions throughout the US. If you know of someone who is looking for a new career opportunity, please contact me at the phone number listed below or feel free to email me at possibilities@istaffinggroup.com. Also, please refer to our website - www.istaffinggroup.com - for a complete listing of the open positions. We do offer a referral fee if we are successful in placing one of your recommendations. Any information provided will be completely confidential. Thank you for your time. I look forward to speaking with you.

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OUT: ISG

IN: Dear Dr. Kaminski, Thank you so very much for your time on Wednesday. It has been challenging to find out, from the outside, exactly what your group does on a daily basis and what type of people make up your team. I do not feel that there is any substitute for the information, and feel, that one can get directly from the source itself, thank you for making your

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OUT:
Thank you.