Subject: "Leadership Subcommittee of Culture Committee".

Body: Ken/Jeff: As part of the Culture Committee discussions, "Leadership" has been identified as an area of concern at Enron. There are of course many definitions of leadership and, as such, we would like to define leadership as it applies to Enron's culture and business objectives. As a result, we think it is important to meet with each of you to discuss your views of how "leadership at Enron" should be defined. We believe the best way to achieve this end is to discuss with each of you: 1. The criteria you used to choose Enron's current business leaders. 2. The attributes you believe Enron's leaders should possess. 3. Whether or not and to what extent you believe leadership impacts the bottom line at Enron? We would prefer to have this discussion with both of you together. But that may be an impossible task. I will speak with each of your assistants to arrange a convenient time to discuss these issues. Thanks

Subject: "Direct Access Disclaimer Language".

Body: As I mentioned in my voice-mail, this needs to go somewhere that users might actually see it - e.g. a news ticker story. Simply adding it to the Legal & Privacy Statement, while helpful, is not sufficient. EnronOnline will assist users, upon request, in arranging for direct access connection (such as a "T1" line or other means of direct access) to EnronOnline, as an alternative to internet access. Direct access connections might enable users to access EnronOnline more quickly than is currently possible through internet access.

Subject: "Monaco Grand Prix".

Body: If you guys watched the Monaco Grand Prix this past Sunday... perhaps you saw the fellow from the Ferrari team who went on the podium to receive the winner's trophy from Prince Ranier? That was my good friend Luca Baldisserri, who is the chief engineer for Ferrari and won almost everything these past few years with his driver Michael Schumacher...Luca is likely the best car engineer in the world, and is interested to join me in the future as a partner to operate a team in the U.S. based CART "IndyCar" series... I invited you both as our sport requires strong corporate partners to function... and thought you may have interest with knowledge that you would be working with some of the best people in the world... which would make it reasonable to achieve a very positive return on any corporate investment. Please feel welcome to keep in touch... and to join us for a race this summer if you wish. Best to you

Subject: "Presentations".

Body:
Steve, Two internal presentations that use a few slides from Blake's presentation. He developed it under a contract with Enron, but we don't want to use it verbatim. Vince