Subject: "Noble Systems Executive Update".

Body: Jeffrey, During the past 12 years Noble Systems Corporation has moved to the forefront in providing the world's best "total solution" value in call center and customer contact technology. 10,000+ agents at more than 500 client installations in 7 countries, conduct business from feature-rich Noble Systems workstations. Over 2 million customer calls are managed every day through our full spectrum of ACD, Predictive Dialing, Blended Call Processing, Digital Recording, and CRM systems. With corporate headquarters in Atlanta, Noble Systems also has offices in the United Kingdom, France, and Australia to manage the rapidly growing international demand for our unique solutions. N oble Systems is part of the SR. Teleperformance group, a $700+ Million Teleservices conglomerate with over 120 call centers in more than 30 countries. This business relationship financially empowers Noble Systems to aggressively pursue the most complex contact center applications on a global basis. It also provides us with the largest research and development environment in the industry for testing new technology and software applications, within actual customer operations, prior to full-scale market release. ATOMS , our award winning call center automation system, is a fully open, highly customizable and scalable technology platform, utilizing the latest hardware, database system, and telephony technologies. Robust functionality within ATOMS empowers clients to design sophisticated campaigns without programming, leverage real-time decision making tools, achieve ultimate agent productivity, increase agent retention, and maximize overall campaign performance and results. These powerful capabilities place Noble Systems in the leadership position of providing the industry's most comprehensive and affordable customer interaction management solutions. Our network-wide Graphical Manager workstation software is setting entirely new thresholds of effectiveness and productivity for managing agents and campaigns! The current release now enables you to include each agent's picture on your real time production displays. Our next release will enable you to lay out these agent icons on your management displays into the same floor plan as your center - depicting each agent where they are actually sitting. Coming this week is another new release of our Dynamic Campaign Builder (DCB 2.6) which continues to set new standards in productivity. DCB is the realization of a dream in that non-programmers now quickly develop and implement complete contact applications. We hold the 2 day DCB training class every week! We've also introduced two new sales promotions this week for new customers (see attachment). If you have not done so recently, please check out our improved website at www.noblesys.com Among other enhancements, you will appreciate the new Search capability; simply enter keyword(s) and you can quickly get to the items of interest including the earlier press releases and customer success stories. Jeffrey, if I can be of any assistance, please advise.

Subject: "Western Natural Gas Organization".

Body: Dear Western Region: I would like to thank Phillip Allen for his leadership of the west desk for 2000 and 2001. He will continue as Managing Director at Enron North America and trade a financial book for the natural gas trading group. Phillip will be sitting near the western region and will continue to participate in our goal to analyze the western market fundamentals to maximize wholesale trading efforts. I will be assuming all management responsibilities of the west trading group effective immediately. I would like to take the opportunity to discuss our new organization for the Western Region trading group. I have organized a vertical based trading structure that clearly defines each employee's responsibilities going forward. Our goal is to organize all of our efforts in the west such that we will offer Enron North America the most profitable wholesale trading model. The most significant change to the western region organization will be Keith Holst's role as Director of West Fundamentals. Keith will manage this unit from the west desk, while using the services of Enron's centralized fundamentals group, headed by Chris Gaskill. Our western region Fundamentals group will be responsible for delivering the most complete and market sensitive data to the trading desk. We will all share in Keith's efforts to make our fundamental analysis the standard for all trading units within the company. West Origination, led by Barry Tycholiz, will play a larger role in our term trading efforts going forward. They will be joining our desk for fundamental forecasting meetings and discussions. Our goal is to capture a majority of the term risk management efforts of our customer base. We must succeed in capturing a majority of our customers' business to increase our share of lower risk earnings. This contribution, along with our wholesale trading, will help our desk beat earnings expectations consistently. The West trading organization is structured to maximize profitability by sub-region. The emphasis for the trading group will be to increase profitability and market information from each trader's sub-region. We will be evaluated on how we organize and build the business and profitability in our respective trading areas. This structure, however, does not preclude west traders from trading positions throughout the Western region and the North American gas market. The West trading organization will be successful by creating accountability for trading responsibilities. Please review the attached outline for the new trading structure. We will be meeting as a group to discuss the changes soon. The implementation of this structure will rely on our back office to set up the new books for each trader. Sincerely,

Subject: "West Index spreadsheet for bidweek".

Body: Anne, We will need to add a message to the email that we send out to the publications this bidweek. Let's get together to discuss the text. We have added new products that will need to be matched with their respective Index postings. Thanks,

Subject: "BERCO RESOURCES INC.".

Body:
Berco Resources Inc, K#96000645, CP ID #26557. The Counterparty system indicates that this counterparty was suspended on 3/15/01. Cheryl Johnson's (Counterparty Group) comments state: "Spoke to Bill Bergner who states that he has sent documentation to legal regarding the conversion. He said they did business under a group of different entities other than "Inc." In Jan. '99, they combined those entities to form the LLC, so it wasn't a simple conversion per se. He also stated that this entity should be deleted (inactivated), as there will be no business conducted in that name. This record will be suspended pending inactivation." Does anyone in legal know anything about this because we do have an active contract in the contract system? This is part of the contract audit I've been working on. Thanks, - g