Subject: "WPTF Board Meeting January 8".

Body: Board package will go out to you Monday evening, January 7. Call in number can be found below. Driving instructions to Mirant from Oakland Airport forthcoming. Feed me additional agenda items. HNY gba AGENDA WPTF Board Meeting Tuesday, January 8, 2002 Walnut Creek, CA 9:30 a.m. (PST) Call to Order ? Additional Agenda Items ? Approval of November Minutes (pgs 3 - 4) ? WPTF Involvement in Enron OII - Dan (pg 5) ? Other PUC Matters - Dan ? Letter to FERC Supporting PG&E POR - Gary (pg 6) ? ISO Market Redesign 2002 - Gary (pgs 7 - LUNCH ? ? PR and Media - Gary (pg 18 and 18A) ? WPTF General Meeting and Riordan Dinner Sponsors - Gary ? Financial Report 1:30 p.m. (PST) Adjourn Next Meeting Tuesday, February 12, 2002 El Paso Merchant Denver, CO AUDIO ACCESS INFORMATION: ========================== PRODUCT TYPE: UNATTENDED CALL TYPE: MEET ME

Subject: "3 - URGENT - TO PREVENT LOSS OF INFORMATION".

Body: Critical Migration Information: 1. Your scheduled Outlook Migration Date is THE EVENING OF : May 7th 2. You need to press the "Save My Data" button (only once) to send us your pre-migration information. 3. You must be connected to the network before you press the button. 4. If a POP-UP BOX appears, prompting you to "ABORT, CANCEL OR TRUST SIGNER" please select TRUST SIGNER. 5. Any information you Add to your Personal Address Book, Journal or calendar after you click on the button will need to be manually re-added into Outlook after you have been migrated. 6. Clicking this button does not complete your migration to Outlook. Your migration will be completed the evening of your migration date. Failure to click on the button means you WILL NOT get your Calendar, Contacts, Journal and ToDo information imported into Outlook the day of your migration and could result in up to a 2 week delay to restore this information. If you encounter any errors please contact the resolution center @ 713-853-1411

Subject: "Depreciation".

Body: Attached is a file showing depreciation for NNG Commercial after excluding depreciation for the capital dollars associated with rate case settlement (lines 13-16). The 2002 depreciation is calculated to be $4.379 million. I think philosophically it s a good idea to track capital projects within NNG Commercial based on the life of the contracts used to justify the project. I don't think Neubauer is quite there yet. My concern is that we have developed an IBIT target for 2002 by using a 2001 number that does not include depreciation. It seems that we ought to offset the 01 starting point by the amount of the 02 depreciation. Lets talk further with Rod.

Subject: "Russian NDAs".

Body:
Here's the info on the two Russian companies. The first is a large oil company, and the second is a consultant. We are talking to them at lunchtime today about a private e-marketplace. I apologize for the 11th hour nature of this.