IN: Dear CYNTHIA, Congratulations! You have been successfully enrolled in the course 'Basics of Risk Management'. Course details are provided below: Course Type : Instructor Led Course Course Code : RISK100 Session Code : 111501 Number of Units : 12 Price : $600.00 Location : EB552 Enron Building 1400 Smith Houston Meetings : Start Time: Nov 15, 2001 8:00 AM End Time: Nov 16, 2001 12:00 PM No instructors or rooms have been assigned to this meeting. You will receive a reminder before the session starts. Thank you.

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OUT: You are enrolled.
IN: This is an email
George, Dave Cobrain of the NMED has verbally approved of the soil characterization work plan which you submitted to him for review and has said that we can begin work as soon as the plan is approved by the OCD. I have not heard from Bill Olson of the OCD yet. Dave was going to inform the OCD that their office has given approval of the plan and that this might expidite Bill's review process. Ill let you know when I hear from the OCD.

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OUT: Approval of Sta. 9 Soil Characterization Plan
QUESTION: Well, you never know... Got back into the office today after taking two days off with Sheila and family in Fredricksburg to find a thick envelope from Mertz Ranch Company buried in my "in box". Did not know what to expect, had visions of Mertz mailing it back with a note saying forget it. Instead, the lease was signed and dated and had a nice note saying "thanks". Go figure. We've got a lease for four more years. Same deal, same contract as the last three years, just 6K more a year. Price remains the same this year. next year it is 2k a year per spot and we will need to add one spot. Still waiting on Chet. Would like to know who McCombs would suggest if Chet does not commit. Lease requires Mertz to spent 2k a year on protien feed. He and I can agree in writing to reduce or increase that amount with a corresponding reduction or increase in lease cost. Term is April 1, 2002 to April 1 2005; exclusive right to hunt turkey and deer, spring turkey starting the third weekend in april. I'm pleased. Hope you are, too. Erik.
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ANS: Good News, Lease Signed
POSREP HOEGH GALLEON, DATE: 17-May 12:00 8:00 (UTC) A) Position at noon: N 13 10 E 47 04 B) Dist. From last noon: 440 nm C) Dist. To go to next port: 1424 nm D) ETA next port: SUEZ 20 20:00 LT E) 1: Average sea/wind Sea: SSW 3 Wind: SSW 2 2: Average speed 18.33 kn RPM: 94.85 3: BOG consumed 148.231 m3 4: BOG Total 148.231 m3 5: F.O Consumed 62 m3 6: G.O. Consumed 0 m3 7: Average vapor press Average liq. Temp: Tk1: 0.099 bar -159.2 ?C
Q: What is a potential subject line for this email?
answer: POSREP 17 MAY
Does anyone know this person or his organization? Is this something our membership might be interested in? Frankly I have been too busy to think about this -- if you have any comments let's talk.
Answer: 24th IAEE International Conference
Q: Two conference calls have been tenatively scheduled to allow you to directly discuss Enron's commitment to its credit ratings with senior managers at Standard & Poor's and Moody's (Ben Glisan will join you in your office at the times detailed below). Both agencies have been briefed on the contents of next week's earnings release as well as the pending equity adjustment associated with the Raptor transactions. On Monday, our analysts at both agencies will be briefing their rating committees on the Enron announcement. They will then contact us with their official rating decision. Andy, Ben and I feel that a proactive call from you today will positively impact the message our analysts deliver to their committees. Based upon the discussions with the analysts held over the last two days it is apparent that several key assurances from Enron senior management are sought. They are as follows: Enron is Committed to Maintaining its Credit Ratings - emphasize that the ratings are critical to the fundamental businesses which drive our success, gas and power marketing. Note that both our counterparties and creditors place great weight on our consistent rating profile. Due to this, the agencies should be confident that we will aggressively defend the ratings. Our Core Businesses are Strong - We are the leading franchise in energy marketing. We anticipate continued strength in the financial performance from the commodity groups. No charges to be taken are associated with our ongoing businesses. Portland General and Other Asset Sales will Occur - Proceeds from these divestitures are material and will be applied first to allow us to get our leverage statistics back in line quickly. Reemphasize Your Commitment To Simplifying Financial Reporting - The analysts have given considerable consideration to you public statements associated with providing more detailed information to the financial community regarding our performance. Acknowledge Remaining Issues Facing the Company - The agencies are following the developments on Dhabol, the valuation of the EBS fiber optic network, and the ongoing Azurix/Wessex performance. Provide comfort that we believe the ultimate resolution of these items will not have a material adverse impact on our credit. If you have any questions or comments, Ben will join you 15 minutes prior to the first call. Regards,
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A:
Moody's and Standard & Poor's