Subject: "schedule c adjutments in LTNW".

Body: Tim and Mike: We are advised by Stacey and Georganne Hodges and we will make below Schedule C adjustments in LTNW desk this month-end (Friday). Please let me know if you disagree or please approve the attached Schedule C form and I'll print it out for you to sign off. Release/Removal of schedule C: region: Mid-C amount: $11,432,070 (the release will increase the P&L) reason for the reserve: reserved against BPA Federal Surplus Contigency Clause entry date: 2/1/01 planned removal date: 9/30/01 New schedule C: region: Mid-C amount: $11,400,000 (the new schedule will decrease the P&L) reason for reserve: Northwest Refund Risk planned entry date: 9/30/01 Net P&L effect = +$32,070 Please let me know if you would like us to use the same explanation we used for the $10MM schedule C reserved in LTCA on 8/21/01 for the same reason (Northwest Refund Risk). Thanks,

Subject: "Contact Information in London".

Body: Larry, I apologize, I thought this information had been given to you long ago: Executive Relocation in London (outside service we use for cases just like yours); contact is Hanna. They should be able to answer your questions related to housing opportunities, availability of medical services and schools. Their number is 44 20 7792 7511. Also, our HR contacts in London did speak to another Enron family with an autistic child and they said they would be happy to speak to you about the school they chose, availability of care, etc. The Jacobson's (Steve and Cheryl) can be reached at 44 207 384 0720. Thanks,

Subject: "Hourly Palo Verde definition".

Body: Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,

Subject: "CNRL Master".

Body:
Greetings: Gerald advised that we will need to raise a new master with CNRL to accomodate the transfer of capacity and the associated agency arrangement. Can you please send the existing paper to him to use as a guide? Gerald's phone no. is 713-853-3512. Also, PGT needs to make a manual adjustment to the releases - therefore they need the deals loaded and ready to go before the 1:00 CST deadline. We don't want to wait till the last minute in case there are other "fixes" that need to be done. Please call Kim Olinger ASAP - 713-853-7504. She has everything ready - just waiting on your direction. Regards,