This is the content of an email: Tanya: Some of the people in your group may not be aware of the latest forms that we use for the Enron Guaranty, the Counterparty Guaranty and the letter of credit form that we use for the ISDA, Omnibus, Industrial Master and Deemed ISDA forms. enclosed are those forms. We will discuss them with the group tomorrow, but could you circulate them to the group? Alos, in light of all of the counterparty visits taht are occurring, should we send to the group a form of confidentiality agreement taht they can send to the counterparty? The practice lately has been for us to see the counterparty form and our preference would be to use our form. Let me know what you think. Carol

Subject: Forms

This is the content of an email: If you haven't heard, SoCal's announced their abandoning windows for OFOs. They're holding "workshops" on how it will all work soon. I'll get you the announcement. Best,

Subject: SoCal Moving from Windows to OFOs

This is the content of an email: Just got off the phone with outside counsel for Credit Agricole. We're very close. Tanya: Can you tell me what products we trade? Are there many outstanding transactions? Also, I'd like to make sure that the "credit worksheet" is current. It looks like we're working off of something dated 1/31/96 (Terry Donovan!!!!!). This must be wrong.

Subject: Credit Agricole

This is the content of an email: With respect to he Bakersfield Californian on the list below, I am amending my original approval for this counterparty to approve them to enter into newsprint swaps and options only. At this time our list does not reflect the individual products you are trading. I understand from Mark Taylor that he spoke to Jeff Harbert last night about amending your excel spreadsheet to add the individual pulp and paper financial products, since restrictions such as this one will occur from time to time.
Subject: The Bakersfield Californian