This is the content of an email: I just got an update from the OMLX of their rules. Do you need me to make you a copy or are you also getting updates? Also, I get faxes of all their notices. So far nothing I've received has been interesting. Do you get copies of their notices? Do you need me to send you anything I feel is worth noting? They've also promoted me to Compliance Director, so I'm going to go in and ask Mark for a raise to match my title!

Subject: OMLX Rules

This is the content of an email: Larry: HE 13 EDT - Original deal made for 50 MW @ $82.20 - Hourly P&L notes deal was cut at 12:15 and therefore only 13 MW flowed as confirmed by PJM data - Tag review indicates flow started at 12:15 and ended at HE 13 (38 MW flow) - Settlements is requesting this be revised back to 50MW @ $60/MW - I need input from you regarding this deal to determine the action required. Please provide any helpful info you have as soon as possible. HE 10 EDT - Just an FYI that the purchase price was changed to $41/MW from $42 at the request of Exelon to our Settlements group. I went ahead and changed it due to the low value and because it is in our favor. If you disagree with this or have any questions, please let me know. Thanks,

Subject: 705512.1 - 07/24/01

This is the content of an email: The London office is forwarding recent legal advice from our lawyers in South Africa regarding FX clearances. It seems that prior to transacting with a South African party, we need copies of the party's "certification" from the National Bank allowing the party to make payments out of the country (thereby converting local currency to USD). Such approvals are severely restricted. I will forward the memos to Susan Bailey for inclusion in our "database" of global advice. Sara

Subject: Derivative Transactions in South Africa

This is the content of an email: I ended deal 340210 effective 2/28/01 and created deal 630810 effective 3/1/2001. But, I see both deals active un Unify on contract 2891 on 3/1/2001. I don't know what impact this will have, if any.
Subject: Tenn contract 2891