IN: This is an email
All, The Enpower Database is in need of some routine maintenance and clean-up. The work is designed to improve performance and expandability for the future. We were hoping to utilize the Thanksgiving holiday to perform some of this work. What we need from you guys is permission to have some agreed upon downtime for Enpower over the holidays so we can run some clean-up jobs on the database. However, we do need to execute the jobs in such a way as to have a minimal impact on the Real Time trading desks. Here is our plan as was previously discussed with David Poston: Wed Nov 21, 8pm - 10pm Central (6pm - 8pm Portland), for unrelated hardware maintenance Beginning Saturday thru Sunday, rolling 3 hour outages: (NOTE: during the below times, the system may not actually be totally down, but error messages may occur so don't be alarmed) Starting Saturday morning at 10am (8am Portland Time) we will be contacting the East & West Real Time Desks to determine if they can afford a 3 hour down-time window. When the clean-up job is completed, we will contact the related desks that the Enpower application is now available. We will then want to keep the environment stable for at least an hour to allow the traders to catch up from the down-time. We will repeat this process during the following time periods. Saturday, November 24nd from 10am (8am Portland) - Saturday, November 24th @ 6pm (4pm Portland) Saturday, November 24nd from 8pm (6pm Portland) - Sunday, November 25th @ 8am (6am Portland) Sunday, November 25th from 10am (8am Portland) - Sunday, November 25th @ 6pm (4pm Portland)

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OUT: Enpower weekend maintenance - down times

IN: This is an email
John, The attached file is a chronology of the OOMC services Enron has provided since the opening of the market. I thought you might find this useful for submitting disputes over OOMC payments. <<Enron OOMC Chronology.xls>> Bill Kettlewell Client Service Representative Electric Reliability Council of Texas E-mail: BKettlewell@ercot.com Telephone: (512)248-3172 Pager: (800)771-5302 - Enron OOMC Chronology.xls

What is the subject?

OUT: OOMC Chronology

IN: This is an email
Today, The American Coal Company paid Enron $113.5 million in principal and interest, which included a prepayment of the remaining $110.7 million balance on its debt with Enron ($75.7 million Senior Note, $35.0 million Subordinated Note). These two notes, with maturities of July 2004 and July 2008 respectively, were established in July 1998 to provide financing for the acquisition of the Galatia Mine by Bob Murray. Despite the termination of the credit relationship, the physical relationship remains in place through December 2006 with projected deliveries of 1,900,000 tons of Galatia coal and 1,200,000 tons of Maple Creek Coal. The value in the remaining coal, supported by puts and fixed price arrangements, is in excess of $25 million. Beyond the value in the transaction, this deal, along with the DPR transaction with Cline in 1998, provided the foundation for Enron's coal business. With this prepayment, Enron has now received over $250 million from its coal investments. The breakdown of the funding and cash flow is shown below: Approved Commitments $275 million Funded Commitments $271 million Enron Funding (Net of Calpers) $240 million Enron Cash Flows Principal $188 million Interest $ 44 million Equity Distributions $ 8 million Marketing Fees $ 7 million Margin on Physical Coal $ 3 million Total $ 250 million In addition to the cash flow received to date, the investments are projected to provide minimum future cash flows as follows: Principal and interest $ 20 million Loans secured by assets Marketing fees $ 39 million Minimum marketing fees Coal commodity margin $ 25 million Value of American Coal physical transaction Equity distributions ??? 42% interest in Dakota & Remington 20% interest in BMR Total $ 84 million + equity distributions

What is the subject?

OUT:
The American Coal Company $113 Million Debt Prepayment