Q: I met with Carlo (as did several other Enron employees) last week and we are talking to them about a number of ideas. One of which is detailed below (from them) and has technology and paper/lubmer points. I believe Carlo from Dow will be calling you guys shortly. Take a look at the attachment and you'll understand the points he's making that are relevant to your businesses. Jeff
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A: Buildscape Strategic Opportunity
IN: PRIVILEGED & CONFIDENTIAL - ATTORNEY/CLIENT COMMUNICATION FROM GREG PORTER We have agreed with SoCalGas and FERC's ADR group lead by Rick Miles, to meet in Chicago on December 4, 2001 to begin mediation. In anticipation of mediation, over the next month we will be meeting to prepare our mediation presentation and discuss potential settlement scenarios and strategies. We will have a better sense after the mediation session on December 4th whether SoCalGas is serious about its desire to resolve this proceeding amicably. SoCalGas' lawyer has represented to me that they are interested in settlement and "prepared at some level" to compromise. Should you have any questions regarding this matter, please do not hesitate to contact me.

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OUT: Message from Greg Porter re: Update on Transwestern Pipeline Company vs SoCalGas FERC Proceeding
IN: This is an email
Status of Grant PUD Termination EPMI has a WSPP Master Agreement with the Grant Public Utility District ("Grant "PUD"). Grant PUD terminated this agreement with EPMI on December 13, 2001. All transactions were for physical power, and were documented and confirmed under the WSPP agreement. Pursuant to a pre-petition agreement, at least two of the deals were converted to a cash payment and the physical delivery obligation was cancelled. Grant calculated the termination payment as being $16,454,632. On December 18, 2001, Grant paid this amount to Enron Account No. 40781075. Our forward curves show that Grant still owes us approximately $450,000. We are working with Grant PUD to "true up" the termination payment, and we expect to reach an agreement soon on the true-up payment. We have not agreed to a release of claims, and are awaiting guidance from Houston before we proceed with a release or similar action.

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OUT: Grant PUD Status Report
QUESTION: A full list of articles will be sent on Monday, but here is some initial co= verage from yesterday and today... IN THE MONEY: Enron - From Energy Trader To Spinmeister By Carol S. Remond 11/23/2001 Dow Jones News Service=20 (Copyright (c) 2001, Dow Jones & Company, Inc.)=20 A Dow Jones Newswires Column=20 (This column was originally published Wednesday. )=20
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ANS: Articles
Michelle, All efforts to try to get Mo to reduce his contract pay and end the separation negotiations have been unsuccessful and on August 9th, he sent me an e-mail stating that he has decided to continue his garden leave with full pay & benefits and will await "Enron's notification regarding termination according to his employment terms." We were prepared that he would come back with this and we will continue to pay him, but it's this last statement about the notification of termination that concerns me. I would have thought that our presentation of a separation agreement to him back in November would have been enough written "notification" that we do not wish to continue his employment past the contract end date, but in speaking with him further, he seems to think that its not. His contract states that if the Company terminates your employment without 12 months written notice, then the Company shall pay you the remainder of your salary for the 12 months from the date it gave your notice, in a lump sum. His contract end date is 6/30/2002 and the last thing we want to do is to pay him additional money. Please let me know what your legal interpretation of this notification clause is and whether or not we are required to give him a formal termination notice. Thanks
Q: What is a potential subject line for this email?
answer: Dr. Mo's notice period
Do you know if we have actually collected on the imbalance settlement payments from Koch and LIG? Also, are we in agreement with El Paso on the Stingray imbalance volume (11,973 mmbtu due Stingray)? I have a statement from El Paso showing this volume. They want us to sign and return the volume statement. Thanks,
Q: What is a potential subject line for this email?
answer:
LRC imbalances