Subject: "RTO West RRG Days Meetings 2/11 and 2/12".

Body: Hello, Everyone - RTO West will hold two days of meetings Monday, February 11, and Tuesday, February 12, 2002 to review, discuss and seek consensus on the draft filing that RTO West is preparing to submit to FERC by March 1. These sessions are part of a broader consensus seeking activity with stakeholders, the Congressional delegation, and all parties interested in RTO West. The meetings will afford an opportunity to Regional Representatives to prioritize and explain their key issues to the RTO West principals. The meetings will be Monday, February 11, from 8:30 a.m. until 5:00 p.m. and Tuesday, February 12, from 8:30 a.m. until 4:00 p.m. at the Shilo Inn located at 11707 NE Airport Way. The Shilo Inn is about 2-3 miles east of the Portland Airport and east of I-205. From I-205 take exit 24 from the north or exit 24B from the south. If you need overnight accommodations, the Shilo Inn phone number is 503-252-7500. The draft filing will be posted by February 6. We will notify you when it is on the RTO West website. We will also be sending you an agenda for the sessions with structured time slots for input on specific elements of the draft filing. During the afternoon session on February 12, preliminary Benefit Cost Study results will be presented for discussion. The working agenda is as follows: On February 11 - draft preliminary Filing Letter, - current draft of Transmission Operation Agreement (TOA), and - revised draft of Congestion Management proposal. On February 12 - revised draft of Pricing proposal, - draft Ancillary Services proposal, - revised draft of Planning and Expansion proposal, - revised draft of Market Monitoring proposal, - proposed draft of Insurance, Indemnity and Limitation of Liability Agreement, - revised drafts of Scheduling Coordination and Paying Agent Agreement, and - preliminary results of the Benefit Cost Study. Again, you can expect a more detailed agenda for the meetings and a notice that the draft filing is posted by February 6. Thank you,

Subject: "Tenaska IV".

Body: I have created a spreadsheet to assist in the tracking and booking of the gas supply related to Tenaska IV. If you have suggestions or comments on the file, contact either me or Mark. Megan - You can copy the Jan 01 Est tab and update the volumes with actuals. The file should calculate the resulting settlement with Tenaska. I will then update the demand fee on the deal ticket to true-up the month. Since we haven't gone through actuals in the spreadsheet, we may have to do some tweaking with the formulas. Anyway, this should give us a good start and you will be able to see where we closed the month in Logisitics. The file is located in O/Logistics/Cleburne Plant/2001FuelMgmt.xls. If you don't have access, we can look into creating a new location on the O drive. The spreadsheet is attached for this month. This is definitely a work in progress. So, if you have ideas to make it easier, or if you need something added, let us know. D

Subject: "Trading opportunities.".

Body: Hello Ryan, My name is Garrett Stephenson and I am a executive recruiter in the Houston area. I currently have a few opportunities available in ERCOT and WSCC trading and was wondering if you would be interested in looking at these opportunities or if you knew someone that would. Please let me know a good phone number and time to contact you. I am representing a great company who is offering great benefits, base, and 17% of the book back to the traders. Thanks.

Subject: "The Dial Corporation".

Body:
I spoke with Chris Littlefield (legal) a few moments ago and he would like for you to call Dial's treasury person, Dave Riddiford. Dial really wants an explanation of how/why all numbers were selected for inclusion in the Schedule and CSA, including: (1) 3rd p. D/F Threshold Amount (2) whether Credit Event Upon Merger can be tied to ratings downgrade (I explained the MAC trigger) (3) Collateral Threshold (and, by the way, Chris says that he never understood that Dial would ever have to post) (4) Min. Transfer/Rounding Not too bad. Call me if you have any questions. From the legal perspective, I have only to resolve recording and arbitration. Thanks. Sara