Here is an email: Tracy: Attached is the revised 4th Qtr Forecast Summary. Also, attached is the expense analysis I did. Please note, I did not include UAF. I have compared our actual numbers with James' spreadsheet and Steve Kleb's earnings model. Once I made that adjustment for the $244 reserve in August on James' spreadsheet, we are all in agreement that the YTD actuals for TW commercial is $162.7. I have also verified that number with Robert Miller and he agrees that is the number reflected on the Income Statement. The $244 reserve reversal was made in September and reflected in the transport margins revenues. Jan X53858
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A: 4th Qtr Forecast, Expense Analysis, $224 Reserve
Q: U.S. GEOLOGICAL SURVEY NATIONAL EARTHQUAKE INFORMATION CENTER World Data Center for Seismology, Denver Reply to: sedas@neis.cr.usgs.gov or neic@usgs.gov The following is a release by the United States Geological Survey, National Earthquake Information Center: A light earthquake occurred about 10 miles east-northeast of Olympia, Washington at 9:13 AM MDT today, Jul 22, 2001 (8:13 AM PDT in Washington). A PRELIMINARY MAGNITUDE OF 4.3 WAS COMPUTED FOR THIS EARTHQUAKE. The magnitude and location may be revised when additional data and further analysis results are available. The earthquake was felt in the Seattle-Tacoma-Olympia area. There have been no reports of damage. The location and magnitude for this earthquake were furnished by the Geophysics Program, University of Washington, Seattle. EDIS-07-22-01 0918 PDT
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A: [EDIS] EQ MAG 4 3 WASHINGTON [News: Statewide]
IN: I was looking at past levels, and I thouhgt to share my findings with you. Highest levels as of the first week of April was in 1999 of 1,367 TCF. Yesterday's AGA showed our levels @ 2,294. In order to reach 1999's levels we ould need to withdraw about 103 BCF a week (2,294 less 1,367 divided vy the remaining 9 weeks until the first week of April). Also, 1999 had the highest levels for the third week of January, levels were 2,039. Year 2002 is 255 bcf ahead.

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OUT: US Storage levels
IN: This is an email
Hi Jeff, Your assistant suggested that I send an email to discuss what I hope you will find an intriguing proposition. I am the co-author of a book entitled The McKinsey Mind - Understanding and Implementing the Problem-Solving Tools and Management Techniques of the World's Top Strategic Consulting Firm which is in final stages of editing and will be published on September 21. The other author is Ethan Rasiel, who also penned The McKinsey Way in 1999 and the publisher is McGraw-Hill. We are searching for high level successful executives who may be willing to skim the manuscript (or read it thoroughly if you see fit) and offer a few words of support for the cover of the book (which you can send via email). You are our top choice as you are a McKinsey alumnus who had done an incredible job after his career at the Firm. We would be honored if you would consider this request of your fellow alumni. We don't believe it would take much effort or time on your part, but it would really add in our effort to get the word out. By the way, the book represents a very positive view of McKinsey and does not violate any confidentiality agreements. Given the short time period involved (the published has requested all endorsements by Friday), we will arrange for a copy of the manuscript to be sent to you via overnight mail to arrive tomorrow. We recognize that you are quite busy and would understand if you are unable to work with us. If you chose not to review this material, could you please just have the copy properly shredded? Thank you very much for your consideration and potential help with this exciting project. Ethan and I are big fans of what you have done at Enron!

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OUT: The McKinsey Mind
QUESTION: Please start working on a top ten legal risks list. I want to include that list for each of your companies (EGM, EIM and ENW) in the monthly report. This list should be in bullet format. If you have any questions, please give me a call. Mark
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ANS: TOP TEN Risks
IN: Gavin, Thanks for taking time to explain how county ad valorem taxes in Texas work to both me and Becky. As I understand it, there are two types of county ad valorem taxes that might be relevant in this lawsuit: a tax on reserves in the ground pre-production, which is typically paid by the producer, and a tax on gas that has been produced and then stored in some sort of storage facility in that county (although I didn't ask, I again assume that the owner of the gas in the storage facility or the owner of the gas storage facility pays that tax). If I recall correctly, you advised me that none of the three Enron defendants named (Enron Corp., Enron Gas Marketing, Inc. and Intratex) had paid either of these two types of ad valorem taxes back as far as your records show. I am hoping that you can say that based on your records, none of these entities owned any reserves in Zapata County or stored in gas in Zapata County or owned any storage facilities in Zapata County (whatever the relevant question is) for as far back as your records go (I recall you mentioning that none of these entities stored gas in Zapata County, but I can't remember if I asked you if I also asked you to confirm that none of these entities owned any gas reserves in Zapata and I don't know how far back your records go). (Of course, if I have gotten any of this wrong or mischaracterized what you've said, please let me know). If I haven't worn out my welcome, would you be the right person to be able to sign an affidavit supporting the foregoing? I am anticipating that we will need to file an affidavit confirming these facts in the near future to support a motion to dismiss. I look forward to hearing from you. Britt

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OUT:
RSM Production v. El Paso