This is the content of an email: As a point in clarification, in Section 2(a) of the Master Netting Agreement the parenthetical "(including automatic termination, if applicable)" should be deleted. Here are the new forms with the deletion made in them. Since the form is amending the underlyings to not include automatic termination, the parenthetical should no longer be included. Further, see the attached once again revised process (hopefully this will be the last revision for a time!). Changes are in bold and deal with the gas receivables financing and credit sign-off. To the extent a counterparty will agree to a 25th of the month effective date, do so, as it fits our physical gas billing cycle and makes it easier to pull out the receivable from the gas receivable financing.

Subject: Revision to Master Netting Forms

This is the content of an email: Thanks Chris - I assume you are speaking about credit risk on the thirty day deal when you refer to the $2M exposure on $100 - has Tim spoken to John about this? I am supportive of this proposal and approach. Like our discussion, we have to find a way to be supportive to the re-development of this market without creating un-acceptable credit or market losses. We also have to support Lay's efforts in California. Regards

Subject: Freeman and CDWR

This is the content of an email: Here is the Eta Amendment that we sent to Randy Osteen. He has a correction that he wants to make and siad that he would be calling you. Carol

Subject: ETA Amendment

This is the content of an email: Michael: Our guys are meeting with Risk Management Solutions tomorrow morning. Scott Brown of V&E and I will be talking to them about the Agreement this afternoon. Have you heard anything back from John Sherriff? Carol
Subject: Domain Transfer Agreement