This is the content of an email: Jessica, Am I outstanding an expense reimb. from you? I seemed to be approx. $6000.00 past due and I have my check from the trading floor. Please advise. Many Thanks, Liz

Subject: Outstanding Expenses

This is the content of an email: Privileged and Confidential. Attoney Client Work Product. Attached is a draft letter for your consideration. Our outside counsel believes a letter like this would help us in our position that we do not have to continue buying energy when there is no transfer capability at the SDP because we know TVA will reject it. Sending this letter is not critical to the sucess of our position but would bolster it somewhat. Before deceiding to sent or not, I wanted your thoughts on how you think that giving this information to TVA would impact us, particularly given TVA's actions today, re acces to transmission through third party transactions. Lets discuss this afternoon. Thanks

Subject: Draft TVA Letter re Not purchasing energy

This is the content of an email: Janie, how are things going for you?? I hope encouraging!! We have some new in-house systems close to being in place, and I am updating all of my Transportation Contracts. Please give me the current name, phone, fax and e-mail address for the main dispatch/nomination person. Thanks,

Subject: T30233 - NWNM Off-system Transportation Contract

This is the content of an email: Although this entity was sold earlier this year, an announcement e-mail was not issued at that time due to lack of complete documentation. On March 30, 2001, Fountain Valley Power, L.L.C. (87V-FVPL) sold; 100 percent of the ownership interest was assigned to Black Hills Fountain Valley, L.L.C. Please share with interested individuals within your groups. Corporate Records - - Evidence to be hand delivered.
Subject: Sale of Fountain Valley Power, L.L.C.