Subject: "Ryan's Stag".

Body: Do you have any plans for July 29th? If not, would you like to come to Ryan's stag? You could play golf with Darryl Brown, Ryan's dad and their friend Dave. I think those guys are going to play golf and then come to dinner afterwards. Let me know either way. Chris

Subject: "Interconn Resources".

Body: Scott and Ed, Per a minibook I ran as of 11/30/01 (w/ the one deal corrected that ENA had misbooked), the value due to Enron should be $214,000 (Dec'01 - Dec'03). This value is PV'd at LIBOR not 10% as requested by the counterparty. The value does not include attorney's fees requested by Interconn of $1,500. In addition, Interconn would need to pay the November '01 invoice due to Enron of approximately $1MM. The final settlement will need to be approved by the Creditor's Committee before Enron can agree to alleviate Interconn of their contractual obligations regardless if the settlement value is agreed upon by both counterparties. Let me know if the counterparty has any further discrepancies with the value I calculated above. Thanks,

Subject: "NDA - IntercontinentalExchange".

Body: At the request of Mike Bridges, I am attaching our proposed form of Non-Disclosure Agreement. If the enclosed meets with your approval, please sign the NDA and return it to me via fax (713) 646-3490. If you have any comments or questions, please do not hesitate to call me at (713) 853-3399.

Subject: "Pipeline Financings".

Body:
Mark:. We're slogging through all of this--it was apretty brutle weekend but progress is being made. There are still open issues on both the NNG and TW credit facilities--but the goal is to have the TW credit agreement signed sometime today and get it funded by Wednesday, while NNG will probably close later in the week -- likely Friday--once the Dynegy issues are melded with those of the bank.