This is the content of an email: See attached items (clean and redline), including a general flow chart. Tax: I am providing you a copy as a heads up in respect of consideration of Canada tax issues. Stephen, these issues were previously developed when we closed the PGE master. Can you provide to me a short memo describing the resolution of the issues (my recollection is that resolution resulted in a post agreement tax letter agreement to be devised by you and tax counsel at Blakes.) Accounting: Information purposes. Joel: Financing issues. Others: Please review and comment on what is hopefully close to a final draft. Thank you everyone.

Subject: Draft of Master Netting Agreement Form

This is the content of an email: CNG Transport from NIMO Contract 5A1866 Term 11/1/99 - 3/31/00 MDQ 15957 Rate Sched FTNN Demand Dec $5.7690 Jan $5.7500 Feb 5.7510 Commodity $.0456 (CNG does not bill the commodity part of GRI, also the commodity rate does not change during the term of the deal) Fuel 2.28 % Note This should be valued at generic North to North space. CNG Marq Demand $6.2500 Volume 15957 Note: We have no value for this much MARQ. We might be able to use about 3,000 dth of this. I have a call in to Greg Synder at CNG. Greg is in the rates group. I believe it works like this; we pay max IT for gathering ( $.1980 for Jan), If you have MARQ, the rate drops to $.1440. IT is a pain to nominate. I will verify that this is the way it works with Greg. CGAS Contract 65403 Term 11/1/99 - 4/30/2001 MDQ 19293 Rate $4.8621 Rec Point Leach Del Point BG&E

Subject: Contracts

This is the content of an email: Suzanne: David DuPre and I are going to meet every Tuesday at 4:30 to discuss confirms issues. Could you please make my calendar do this? Tahnks. carol

Subject: Copnfirms Meeting

This is the content of an email: Sara and Susan, Can I set up a 20 minute meeting with both of you to discuss an automated FX Trading system we are thinking about for the London office. Shane Dallmann, head of the UK Rate & Currency desk is in town this week. Susan, I am not sure if this is your world or not for TAX. Thanks. Sheila
Subject: ENA automated FX Trading