Subject: "Morgan Stanley Capital Group, et al".

Body: Please be advised that Sara has approved and Bill Bradford as signed, on behalf of ENA, the following documentation: 1. Fourth Amendment to Master Energy Price Swap Agreement between ENA and Morgan Stanley Capital Group, Inc.; 2. Amendment Agreement between ENA and The Chase Manhattan Bank; and 3. Derivatives Novation Letter among Deutsche Bank AG, Bankers Trust Company and ENA. Originals of the above documents have been forwarded to the respective counterparties for execution.

Subject: "Enron Online Market Descriptions".

Body: Attached are the revised descriptions for SO2 and NOX. Jeff Hodge signed off on the Canada description and said it looked fine in its current form. I will be faxing you this evening our comments to Natural Gas. You should have received weather by separate email from Shari Stack. Coal should be coming shortly, paper is being looked at by the business people and we will have it to you on Tuesday. The person responsible for power is out of the office, but will be back in town on Tuesday, and we will get you her comments then. Thank you for your kind patience.

Subject: "Organizational Changes".

Body: Successfully, missed another bullet !!! I have meetings set up with Mariel= la=20 (the lady you like) and Dan Castingnola, who are the two highest ranked=20 performers in CALME, to see if they are interested in joining our team. =20 Regards

Subject: "Windows 2000 Migration".

Body:
FYI, it may be wise to run a few of your macros from Jeff's machine. I would just see if it runs and close without saving. PL