Q: The following parcel has been rejected : Parcel: 8866 Contract Number: 05715 Path: Kingsgate to Malin Quantity: 10000 Min Release Quantity: 10000 Begin Date: 12/6/2001 End Date: 10/31/2003 The prearranged replacement shipper is: Canadian Natural Resources Limited PG&E National Energy Group and any other company referenced herein that uses the PG&E name or logo are not the same company as Pacific Gas and Electric Company, the regulated California utility. Neither PG&E National Energy Group nor these other referenced companies are regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products from these companies in order to continue to receive quality regulated services from the utility.
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A: PG&E eTrans Notification - Parcel 8866 has been rejected

Q: I am getting ready to send out an all holders update. Please let me know if you need paper copies of the updated sheets. Due to the number of filings involved, I will not be able to send these out email. Zelda
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A: Updated Tariff Sheets

Q: Please see the attached summary of the captioned session. The positions of the speakers, as well as those of the Commissioners, are summarized. Should you require additional information on a specific topic, please don't hesitate to contact me.
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A: RTO Week- Session on Cost Recovery Issues

Q: Just to follow-up on our discussion yesterday regarding the accounting treatment assuming that USTeleNet owns the switch and that we purchase the switch and lease it back to them under a "capital" lease, the following would occur: The asset would stay on their books (however it would be "marked-up" to FMV as evidenced by the purchase price) They would defer the gain, if any, over the asset's life. They would record a payable on their balance sheet and recognize interest expense in their P&L as payments are made We would record the payment of cash to them and book a receivable and deferred interest income (to be recognized over the lease term) Essentially we are lending them money equal to the FMV of their asset and receiving interest payments in return (i.e. direct financing lease) I would be happy to go into more detail at your request. Please let me know as issues develop and I will assist as necessary. Regards,
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A:
USTeleNet Transaction