Subject: "Oglethorpe".

Body: Hey guys, Would you please ck the Oglethorpe deal from July 2000 - Dec 2000? Is there supposed to be a cashout booked in Sitara for these months? Oglethorpe over paid their invoice every month. I believe that Doug told me the extra was for the cashout that was not invoiced. Thanks

Subject: "EFCU Gets You Connected".

Body: Get Connected with e-Statements. Sign up for Electronic Statements from Enron Federal Credit Union by November 15 to be entered into a contest to win a Palm Vx! Log on to www.enronfcu.com to apply or for more information.

Subject: "IntercontinentalExchange - Tom Martin".

Body: Tom: Your ICE access has been completed: User ID: thmartin Password: spinit32 Please contact the ICE help desk at 770-738-2101 should you have any questions. The answer to your secret question is ASTROS. Let me know if you have any questions. Thanks,

Subject: "Siemens negotiations".

Body:
Two agreements have been negotiated with Siemens as part of the plant turnover for Provisional Completion Phase III on oil: 1) the EOT Claim Agreement between Siemens and SCC and 2) modifications to the TAA between Siemens and EPE. The changes which the lenders should review are as follows: EOT Claim Agreement 14 Day Availability Test with respect to Provisional Completion Phase III on oil, on a look-back basis over 6 months, required as a specific performance requirement After PC on oil, Siemens can demobilize Compensation for commissioning on oil $5,720,000; $30,000 per day for owner delay Bonus of $15,000 per day that PC achieved before 17 Feb Phase III Substantial Completion on gas 60 days prior written notice on gas availability If sound level guarantees demonstrated on oil, only need to demonstrate far field sound on gas Owner must operate and maintain per O&M manuals and industry practices on oil; if not, owner must correct items materially affecting Contractor's commissioning obligations Performance guarantees remain in tact per EPC Long stop date on Phase III Substantial Completion on gas of 31 Dec 01 Substantial Completion on gas - punchlist limited to deficiencies from Work performed to achieve Substantial Completion on gas Risk of Loss remains with owner during commisioning on gas Siemens agrees to enter into negotiations to provide operational assistance Degradation - agree to use curves with credit to owner for degradation during commissioning Compensation for commissioning on natural gas $1,220,000 lump sum; $20,000 per day for owner delay Warranty - 6 months after Provisional Completion on oil Option to buy extended warranty for up to 6 months at $175,000; must elect 60 days prior to expiration of Primary Warranty Period Performance LD's on gas per the EPC contract with first $4,000,000 forgiven by owner Delay LD's on gas do not start until 60 days after performance test on gas Payments to be paid (including EOTof $5,720,000): 15 Feb $5,446,141; 28 Feb $14,353,401 with offset of $4,000,000 for Phase I LD payment due from Siemens to SCC Late payment interest rate of 14% TAA Agreement Effective date Provisional Completion Phase III on oil No 12 month look back 12 month Initial Guarantee Period, with the clock suspended for gas commissioning unless owner delay. Additional Insurance In order to provide the lenders an adequate warranty period on gas (if there are additional delays on the P/L) our Insurance group has indicated that we will have no problem obtaining 12 months renewable business interruption insurance when we go operational on gas. This should solve the issue over the revised warranty with Siemens because it covers defects, design, and workmanship on the turbines and includes lost profits, etc. Incidentally, for insurance purposes the turbines are designated DE3 which is not a new technology designation. The duration of BI coverage is 18 months per event with US$150,000 deductible. Typically we will always have this coverage in place but if their is a supplier warranty then the party providing the warranty pays ahead of the insurer. In the case where the supplier does not pay or the warranty has ended then the insurer is the primary. We will need to execute these agreements immediately. Please advise with your thoughts as soon as possible..