Subject: "Enron Net Works Meetings - Scheduled for Thursdays, 11:00 to 11:30 AM".

Body: Please delete the referenced meetings from your calendars. It is no longer necessary to have this meeting on Thursdays, from 11:00 to 11:30 AM. Thank you.

Subject: "Welcome Sandy Ragnetti to West Power Trading".

Body: Sandy Ragnetti is our newest administrative professional in West Power Trading. She is a temp from OfficeTeam and has been doing a phenomenal job for us the last few weeks. Sandy has been working with me, and she will be assisting the administrative team when we have absences. Sandy's last position was as an account manager at a market research firm, and she has a diverse background in advertising and marketing. Please make Sandy feel welcome!

Subject: "Board Meeting".

Body: There is a board meeting scheduled for Tuesday, December 11 at 8:00 a.m. in the Glass Room. Would you please let me know if you will not be attending. Thank you.

Subject: "Equity investment by ENA employee".

Body:
This will summarize our conversation this morning in which you asked if there was a problem with your purchase of an equity investment (through a private placement) in an internet/communications company. My response was that Enron prohibits the trading by employees of (i) any security on the Restricted List maintained by the Compliance Group, (ii) any security, instrument or commodity within that employees area of responsibility and (iii) any energy commodity. I suggested that you contact Donna Lowry to confirm both my understanding and that the security in question is not on teh Restricted List. While I did not mention it on the phone, I should point out that it would be unwise to take a position in a competitor of Enron's that would (or might in the future) give you control or the appearance of control or influence over the management of that competitor.