Q: FYI, still under discussions between Enron and Light. This deal is similar to the Duke Call Options we closed last month. I'd rather do it under a Master Agreement and will check with the business guys if we can do so. Rgds, Sami
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A: Light Call Option of 50MW

Q: Joanie called Kara at CES about deal 282945. This is the CGAS citygate gas for Energy Express. We are selling the gas to CES and CES is reselling it to Energy Express. Kara told Joanie that she does not expect the volumes to change on this deal. Scott needs to work on the capacity sheet so we can tell how much transport CES actually has. There should be some big changes in CES's transport numbers for June. (Ex ENA purchased the BG&E capacity on contract k#65403). Also, if ENA elected to release CES capacity to Clinton or IGS, we need to make sure we record that correctly on the ENA sheet. Any credits we show on the CES sheet will be passed thru to CES.
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A: Sale to Energy Express via CES

Q: Maria: I think that 2 minor chnages need to be made to the Enron Guaranty and probably the PSE&G Guaranty: 1. Change in the first paragraph "Enron North America Corp., a Delaware corporation to Enron North America Corp., a Delaware corporation and its successors and assigns 2. In the definition of "Agreement" include language that would pick up amendments, supplements, replacements and restatements thereof so its reads :"such ISDA Master Agreement, together with each Confirmation exchanged between the parties thereto and together with any and all amendments, supplements, replacements and restatements thereof, hereinafter the "Agreement") Let me know if you have a problem with this.
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A: Enron Guaranty

Q: Susan: Laurel Adams has an FX deal where RMT must be a party. The counterparty is a 100% owned Enron sub named "Compagnie de Papiers Stadacona". When I last checked, nothing shows up in the corporate database. However, I have verified the name, ownership, etc. with Jeff Blumenthal. I will separately email you the counterparty info that I have. We need a deemed ISDA for the parties. We should later do the ISDA when the information is available on the database (which could be any day, I suppose). I would just use our standard RMT format. Please assign. Feel free to call me or Laurel with questions. Thanks.
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A:
Deemed ISDA