Subject: "Enron OnLine Audit Notification".

Body: The EnronOnline Audit is scheduled to begin the week of June 4, 2001 and is expected to take approximately two months to complete. The audit will be executed by Arthur Andersen and led by Jennifer Stevenson and Russ Bouwhuis. We will schedule an opening meeting with you the week of June 4, 2001 to discuss audit scope and any concerns or suggestions you may have. The objective of the audit will be to determine whether procedures and controls exercised over activities are adequate and operating effectively. Results of the audit will be discussed with you and other appropriate personnel both during the audit and at the audit closing meeting. We will endeavor to conduct this audit in a manner that will minimize interruption of your normal business activities and we look forward to working with you and your personnel. Please call me at x5-4554 if have any questions. Mechelle Atwood Director, Enron Assurance Services Enron Wholesale Services

Subject: "Body Shop Deductions for UBS Employees".

Body: Dear Body Shop Member: During the UBS/Enron transition your Body Shop membership will continue without interruption. We are working with UBS and Enron to transition payroll deductions and continue exterior door access to the Body Shop. While we are finalizing these changes please continue your Body Shop membership. Thank you,

Subject: "Where ARE natural gas prices headed ? Check out GasTrader Newsletter".

Body: Dear Colleague, GasTrader would like to offer you a COMPLIMENTARY trial subscription to GasTrader - the only natural gas industry publication that deals with today's critical issue of where natural gas prices are headed, and not where they have been. GasTrader features weekly analysis and commentary from the industry's leading forecasters, observers, and traders. GasTrader brings you short and long term weather predictions, useful for planning load and power requirements, as well as price trends, market outlook, and economic analysis. In addition GasTrader in its' Market Outlook section brings you no-nonsense trading recommendations for the wild and volatile natural gas futures. A key feature for those doing deals tied to the Nymex futures contract. Check out GasTrader's market recommendations from long time Commodity Trading Advisor and analyst Bill Burson. See if those recommendations help you do better deals and expand the razor thin margins so prevalent today in natural gas marketing. If you would like to receive your FIVE WEEK COMPLIMENTARY SUBSCRIPTION to GasTrader, please vistit our website, GasTrader.net and click "subscribe" or reply to this e-mail and include your name, company and address and telephone. The publication will be delivered by e-mail usually late Friday afternoon giving you plenty of time to formulate your trading strategy for Monday. I hope to hear from you soon. Sincerely,

Subject: "ISDA Draft".

Body:
John: I understand from Tana Jones that we are going to try to put an ISDA in place today. We should be sending you the draft shortly. Please call me directly with any comments or questions that you may have. Please pass the information below to anyone else that may be working on this from your end. Thanks. I look forward to hearing from you.