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Please find the attached draft version of our proposed gas supply structure. We have focused on minimizing your fixed charges while still giving you the right to call on up to 30,000 mmbtu/d of Firm Cheyenne supplies. In addition, Enron will manage your transportation and imbalances associated with your PSCO transportation contracts. Obviously we will need to see those contracts prior to finalizing this transaction in order to assure we can meet those obligations. In addition, I am sure we will need to "tweak" this proposal to meet you physical requirements (volumes, terms etc.) Please give me a call once you have had a chance to review the attached.

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OUT: Cheyenne gas supply proposal

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Sorry - the # on his printed itinerary was missing the country code. Here what to dial 011-81-3-3211-5211 He should be on his conf call until about 4:00 pm (Central). Sorry about that

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OUT: PHONE # FOR Steve

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Dear Team, Attached is the updated price forecasts of the forest products commodities. Following analyst's forecasts have been updated: BMO Nesbitt Burns CIBC World Markets CSFB Salman Partners If you have any questions, please let me know. Thanks,

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OUT:
Price Forecast Update