Subject: "AOL Instant Messenger Confirmation".

Body: Thank you for registering for the AOL Instant Messenger(SM) service! Your registration for screen name jwilliaenron has been received. You are now one step away from being able to: * Communicate instantly -- it's fast, easy, fun and free!

Subject: "ISDA Master Agreement".

Body: Have you sorted through the ENE ISDA masters with Jeff Nogid? Should I call him again? Anyway, it looks like another request is attached. Sara

Subject: "Missing Docs".

Body: The Finance Group is trying to locate some really old "Master Agreements" done in 1995. We looked around and we didn't have any masters in place for the counterparties, but I was thinking maybe they really weren't "Master Agreements" but our old style confirmations. The two counterparties were State Street Bank, as Trustee for Cash I, and Citibank as Agent, for Cash I. The Agreements were listed in the closing documents as "Interest Rate Agreement" and "Commodity Swap Agreement". Can you look around and see if you have some really old active trades out there for either of those counterparties...? So not to confuse you, about 2 or so years ago, we did some deals for State Street for the Cash VI Project. The master for Cash VI is actually is listed in the Financial Trading Database. Thanks for your help!

Subject: "New Starters".

Body:
At the last RAC Departmental meeting concern was expressed that the vacant positions within RAC were not being filled as quickly as hoped. I would therefore like to keep you all updated as to where we stand with new joiners. Recent new recruits include: Rudi Zipter (Director - MRM) who has transferred from Houston, Shane Miller (Senior Specialist - MRM) and Ravi Tumuluri (Associate - U/W) and I would like to welcome them all to RAC. Looking forward we have several new people coming on board in the next few months and I have outlined their provisional start dates below: Credit John Collenette (Snr Director) - 5 November Mike Mumford (Director) - 3 September Blair Van Zant (Director) - 1 October Tracy Ngo (Director) - September Simon Hockenhull (Snr Specialist) - 2 September Adam Bauer (Specialist) - 27 August (Sydney office initially) Shane Forster (Sr.Specialist) - 24 September Market Risk Michel Gantois (Director) - December/January Erik Beekman (Specialist) - 17 September Underwriting Christian Pearce (Associate) - 10 September I realize that, in addition to increasing our capacity, new starters also require a fair amount of indoctrination/training. Many members of our team as well as RAC-Houston and much of EEL have put a large amount of time and effort in the selection of these people, all with the consideration of adding people that will fit in and provide some level of unique experience/insight. We believe that these new starters will provide an excellent complement to our existing skill sets. Please do your best to welcome these new people, take advantage of their capabilities as well as give them the benefit of your knowledge and experience. Hopefully these additions will allow us to effect an intellectual capital transfer that benefits us all and makes this a better place to work in all respects. Please let me know if you have any questions or concerns. Ted