This is the content of an email: Shortly before the teleconference Board meeting two weeks ago we received an application from the Bank of England for subscriber membership. When we have considered central banks or government agencies for membership in the past, consideration has focused on the nature of the applicant's derivatives activities, its regulatory role and the type of information they are likely to obtain from ISDA. Because of their derivatives activities, we have generally admitted these applicants (e.g., the Kingdoms of Belgium, Denmark and Sweden, the Reserve Banks of South Africa and New Zealand). We have even admitted the Bank for International Settlements as a member. In general, we let them know that they may not be able to receive the full range of ISDA materials (e.g., draft comment letters or position papers) and that there may be a need to exclude them from certain committees or discussions. In previous Board discussions, a higher degree of concern has been expressed if, theoretically, the Federal Reserve, the Bank of Japan, the Bank of England or similarly influential central banks were to apply for membership. These central banks typically have a greater degree of involvement in the regulatory debates (particularly on capital) and are better positioned to influence the process. Since some of those previous debates, the regulatory role of the Bank of England has diminished and the role of the Financial Services Authority has correspondingly increased. The Bank of England still plays the traditional central bank roles of controller of the money supply, dealing in the market and lender of last resort, but the supervisory role has shifted to the FSA. In light of these developments, but recognizing the concerns previously expressed on central bank membership, I would appreciate your views on the application of the Bank of England. We have also had overtures from the Hong Kong Monetary Authority regarding membership although we have not received an application. Please share your views with the other members of the Board. Bob

Subject: Bank of England Application

This is the content of an email: Chris, a couple things about the prepays for 1.13/1.19. 1. Is the "Avista possible additional power"a done deal or is it a day to day basis?? When should it be scheduled? 2. Could you email the details on your prepay deals to Phil and I, just in case we have questions regarding them. 3. I have looked over the calculation sheet you showed me yesterday (Tuesday) for the wire to Avista and I have found a mistake. We are not currently delivering to City of Shasta Lake (28mw RTC). Serena

Subject: PREPAYS

This is the content of an email: Hello, Michelle! You came and spoke to my new hire class last Monday. I have a pending book deal with Zondervan publishing and wanted to make sure that there was no problem re the confidentiality agreement. I am certain there will be no problem. I have been a minister for 22 years and have a proposal being pitched by the senior editor at Zondervan to their editorial review board. The book will draw on my leadership/team-building experiences in the church and will be written from the perspective of a minister / mba. It will have nothing to do with Enron. Please let me know when would be a good time to come by. All The Best,

Subject: can we talk briefly?

This is the content of an email: Kim: Were you able to find any savings for the 2002 O&M? I wanted to review with Steve before he left the office tomorrow. I appreciate you taking a look at this. Jan Moore X53858
Subject: 2002 O&M