IN: Attached is a brief overview of the EGM business (I realize you probably already have this, Lisa). This organization represents perhaps the biggest near term earnings growth opportunity we have as a company and one that will require our organization to develop expertise in new markets, new regualtory fora, and perhaps new countries. From time to time, I'm sure we will all be called on to help out, so I'll endeavor to pass on any info I receive.

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OUT: EGM business presentation

IN: There will be a budget meeting on Tuesday, November 27 @ 11:00 a.m. in ECN 32C2. London will participate via video conference (NE5003). Please notify me if you are unable to attend. Many Thanks, Liz Taylor Executive Assistant to Greg Whalley, President & COO Enron Corp. liz.taylor@enron.com

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OUT: Whalley Budget Meeting - Tuesday, November 27 @ 11:00 a.m. in ECN 32C2

IN: Hi, David! Hope all is well. Since the referenced swap has been documented by ENA, I am now reviewing the Transaction. I have a number of questions, many the result of my unfamiliarity with your Australian Reference/Fallback weather stations and a few other comments. I thought I would mark this up and fax it to you which I will do shortly. Sara

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OUT: HDD Swap between ENA and Aquila Risk Management Corporation

IN: Kim, Attached is a draft of the LOU for Palo Alto. Please review. I am still reviewing and may have a few more changes. Since time is short please review this draft and we can make final changes in the morning and send out. I will attempt to have a draft of the MSA by Thursday.

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OUT:
LOU for Palo Alto