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2002 Training Calendar for Settlements and Scheduling Infrastructure (SI) Training Settlements and Scheduling Infrastruction (SI) Training classes are now available for registration for 2002. The dates are as follows: Settlement Training Classes (class size limit = 40) January 15-16, 2002 April 16-17, 2002 July 16-17, 2002 October 15-16, 2002 SI Training and Testing (class size limit = 20) February 6-8, 2002 SI Training/February 12-14, 2002 SI Testing May 8-10, 2002 SI Training/May 14-16, 2002 SI Testing September 18-20, 2002 SI Training/September 24-26, 2002 SI Testing November 6-8, 2002 SI Training/November 12-14, 2002 SI Testing Registrations are handled on a first come, first serve basis, with priority given to new SC applicants. Registrations are limited to two students per SC. All classes are $500.00 per person with the exception of the first two attendees for new SC applicants. Payment is due prior to class start date. General agendas are attached for your review. To register: Please complete the attached registration form(s) and return to jpayton@caiso.com. <<SETTLEMENTS TRAINING REGISTRATION 2002.doc>> <<Settlements Agenda for mailing.doc>> <<SI TRAINING AND TESTING REGISTRATION 2002.doc>> <<SI Agenda for mailing.doc>>

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OUT: Training Schedule for 2002

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Louise has asked me if you are available to meet with Duke Energy on Friday November 2nd at 3pm. Please let me know your availability. Thanks Sue TIM: can you make sure that Jeff gets this message. Thanks.

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OUT: Meeting with Duke Energy

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In order to comply with FERC regulations regarding title to natural gas, Enron proposes to sell natural gas to Frito Lay at the Permian supply basin and act as agent to manage Frito Lay's TWPL transportation agreements. The agency agreement would authorize Enron to act on Frito Lay's behalf to optimize the use of the transportation agreements. Enron's Interstate Transportation Management Fee Enron shall be paid the greater of a flat fee of $.00/mmbtu for all quantities delivered to the California border and consumed in Frito Lay's facilities or a percentage of incremental value realized as a result of optimization the TWPL transportation agreements. To the extent Enron can increase Frito Lay's profitablity by implementing alternative supply and transportation strategies, Enron proposes to retain ___% of any incremental value realized on the TWPL transportation agreements.

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OUT:
Frito Lay