This is the content of an email: I've left messages describing our idea with TURN and the large cogenerators/marketers/producers, and I've spoken with the Farm Bureau and the California Manufacturers Association. The Bureau and CMA agree with our idea and I've asked them to "pass the word along" to other customer groups and to try to ensure that its an integral part of the negotiations. I'll be calling other customer groups and will report back on those conversations. Best,

Subject: Conversations with Customers on Date Certain for End of Rate Freeze in Legislation

This is the content of an email: We are doing a Flow Day Diversion from El Paso to Griffith for 03/25/02 for 7,000 MMBtu that needs to be confirmed. Please let me know if you have any questions. Thanks!

Subject: FLOW DAY DIVERSION for Griffith for 03/25/02

This is the content of an email: All Learned of an opp today for a L.T. physical toll on a peaking plant in PJM. Probably way too early for this, but we may be able to follow this one and act when we're further along. Here are the details: Plant is being developed by PPL - consists of 10 LM 6000's, due online by May 03 (~450 MW). turbines will be on site shortly w/ construction due to start in April PPL has entered an LOI to sell the completed plant to a team of investors led by John Hancock Financial (their Arclight division, or something like that) seeking 20-25 year toll Electric interconnection is South Acron bus (Lancaster, PA - eastern PJM) Gas interconnection is direct to Columbia mainline They are looking for an indicative number this monday, but admitted that it'll stretch out for at least a few weeks. I'm in Houston through end of today, so please swing by or call me tomorrow at 978-449-9936 if you wish to discuss. thanks

Subject: long-term PJM tolling opportunity

This is the content of an email: As you both are aware (not publicly) we are 'right-sizing' again. This will impact EBS's requirement for services from ENW. We are finalizing the revised 2002 'look' and it's not pretty. Confidentially, we will be significantly lower than the 440 we have at present. As far as I predict right now we'll need the following: IT Development/Systems I've met with Inja and asked her to plan for 'minimal maintenance mode' - no development - by 1/1/02. I've asked her to shoot for no higher than $2m - from $11.2m. I realize this will involve potential periods of down-time and very thin coverage - unfortunately it's all we can afford. Inga came back at $1.95m - wihout herself - however, we will need a strong leader - and I've asked her to look at anyway she can stay involved/manage what is going to be a lot of 'no, sorry can't do that' conversations. This covers upkeep of EnFiber, NETS, EComms, Remedy, PPCS, Fact and all our DB requirements. IT Infrastructure I've gave Jenny/Kerry a heads-up of around 300 folks for 2002 a couple of weeks ago - we will be lower. Our space and IT requirements will be lower accordingly. We will based out of Houston with a Shepherd warehouse. No Europe/Asia support can be assumed. We will also not require EOL. Let me know what I get for 'not much to spend'. Energy Ops Currently at $5m supporting 36 folks. This will be trimmed to 17 folks. We will also need a small Contract Admin support level from Pat W's team. That's a heads-up. Sorry it's such unpleasent news. Let me know if I've missed anything. Barry.
Subject: EBS's ENW 2002 Requirements - Private & Confidential