Subject: "Sherry Dawson Review & Performance Agreement".

Body: Frank, Attached is the end of year review and performance agreement for Sherry Dawson. Also attached are the reviews for the rest of group I lead. I'm not sure if you need the reviews for the rest of the group, but I attached them anyway. Thanks,

Subject: "Professional Update".

Body: I was promoted effective February 1, 2001 to Managing Director of Global Risk Management Operations for Enron Corp. in Houston. In this role I manage all mid and back office services for all commodities markets within Enron's wholesale businesses: Enron Americas, Enron Global Markets, Enron Industrial Markets and Enron Europe. I received my BBA from UT-Austin in 1975 and my MBA in 1977. My maiden name while attending school was Sally White.

Subject: "Benchmarking Study".

Body: Sally, I gave you some time ago a brochure on this benchmarking study request. They renewed their request for Enron's participation. What is your view on this? Do you think the benefits of knowing what's going on offset the loss due information released and time spent on the project. My recommendation is to forget it. Vince

Subject: "Board Meeting Today @ 5:00 p.m., C.S.T.".

Body:
Agenda Meeting of the Board of Directors Enron Corp. 5:00 p.m., C.S.T., December 11, 2001 1. Review of Bankruptcy-Related Matters - Messrs. Lay and McMahon 2. Update on Sale of Wholesale Trading Operations - Messrs. McMahon and Whalley 3. Consideration of Employee Retention Proposal - Ms. Joyce 4. Other Business 5. Adjournment