This is the content of an email: Notice No. : 01-445 December 27, 2001 NYMEX BOARD EXTENDS A MODIFIED PROPRIETARY FEE REDUCTION PROGRAM At its meeting on December 27, 2001, the NYMEX Board of Directors determined to extend, with certain modifications, the current Proprietary Fee Reduction Program ("Program") through December 2002. Effective trade date January 2, 2002, Member Firms and individual members who own seats will have their NYMEX Division fees reduced by 6 cents per round turn (3 cents per trade side). Individual members who lease their seats, or hold a membership under an ABC Agreement, will have their NYMEX Division fees reduced by 1.25 cents per round turn (.625 cents per trade side). Clearing Members who clear Member Firm trades should adjust their billing systems accordingly. Clearing Members clearing floor members' accounts should NOT adjust their billing systems for such individual members. NYMEX issues payments directly to individual members based upon their trading activity. Floor members who execute Type 3 trades are asked to pay special attention to NYMEX Rule 6.18 (B) (ii), requiring the executing member to report the alpha code (badge symbol) of the receiving member on PTS.

Subject: (01-445) NYMEX BOARD EXTENDS A MODIFIED PROPRIETARY FEE REDUCTION PROGRAM

This is the content of an email: Eunice team, The NNG Eunice C/S is required to prepare and submit the semi annual and annual reports required by the facilities Title V Operating Permit which was issued by the State of New Mexico. The reports are required to be submitted to the state of New Mexico and the EPA by July 19, 2001. These reports are required even though the facility is not in operation. If you would like assistance in the preparation and submittal of each document, give me a call and we can set up a time to meet at the C/S to do each report. This should take about half a day.

Subject: Title V annual certification and compliance monitoring report due date

This is the content of an email: Paul Flack asked me to ask each of you if you have received any materials relating to lawsuits about which you have not yet informed us. Paul's question arises from our learning about a motion that was filed in federal court in Texarkana in a case styled Davis, et al. v. Enron, et al., in which you were named as defendants, and about which we have received no prior notice. Thank you for your assistance.

Subject: "New" Lawsuits

This is the content of an email: Dear Susan What's happening now? It's all over the international news that Enron will not make it. what are they saying to the employees? Thinking about you! connie **********************************************************************
Subject: r u there today?