Q: I will be out of the office on Monday and Tuesday of next week. In my absence, Samantha Boyd, a new paralegal in our Group, will forward the Counterparty Approval Lists to you once she receives them from Credit. Please return any responses you might have to me. Thanks!
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A: Counterparty Approval Lists
IN: CONFIDENTIAL ATTORNEY/CLIENT INFORMATION NOT DISCOVERABLE Two years after PCA's bankruptcy, we received a demand letter from PCA. PCA claims that EPMI owes PCA $15,126,445.16 for damages resulting from EPMI's wrongful termination of transactions in June 1998. This amount appears to be based on PCA's calculation of the forward values of the terminated trades, and certain "preference payments" that PCA claims were made to EPMI. This claim is in its preliminary stages. I will update you with further information as soon as we get a handle on what the Trustee is really seeking. As you will remember, we currently have a proof of claim pending against PCA for over $5 million dollars representing our unpaid receivable amount. Bill In connection with this matter, it would be very helpful if you could have someone gather the following information: 1. Date and amount of last payment made by PCA, splitting the relative net amounts owed to and from EPMI (I would assume that payment for April deliveries was made - accordingly, I would assume that the last payment we received from PCA would have been around May 20th). 2. Total amount of MWH delivered to PCA but for which PCA never paid for. 3. The details of how you calculated the net MTM exposure of the terminated transactions (pursuant to an email to me dated July 27, 1998 you had calculated the MTM as of July 7, 1998 at $3,772,939) As always, thanks for your help.

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OUT: PCA Demand Letter
IN: This is an email
Julia: I thought that it would be easier to e-mail you since we keep missing each other on the phone. All of the St. Clair's are doing well. Charles keeps growing. At his last visit last week he was 11 1/2 pounds and 22 inches. Needless to say he likes to eat. He is gradually starting to sleep more at night but is still pretty unpredictable and I've just gotten used to not getting alot of sleep. Having Bill home with me is a big help and it makes it alot easier for me since we can trade off. Physically, I am feeling almost 100%. I started running a few weeks ago just to keep my sanity and have started playing tennis again although it is going to take a long time for me to get back into playing shape. Arthur is very much into tennis and I am enjoying getting to watch him play. He played in his first tournament over the weekend and did very well. Bill and I are hoping that he keeps it up. He has been great with the baby as I expected. He is a calming influence on him and really interacts well with him. I feel very, very fortunate. How are you doing and how are the boys? I miss work and the interaction with everyone, but at the same time I am enjoying my time at home. I think that you know how I must feel and I'm glad that I still have some time to think about it. I can't imagine having to go back after 6 weeks as I am just beginning to feel good physically. Carol St. Clair Arthur is back in school and is a big help at home. I'm enjoying being home with him when he gets home from school and its nice to be able to visit him while he is in school. I hope that you are doing well and not killing yourself up there. How are your parents doing? Please give them my best. I keep promising to come up for a visit and I will soon. Tomorrow (Thursday) may be a possibility. Hope to see you soon. Take care. Carol

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OUT: How Are You?
QUESTION: We are happy to announce the arrival of several new Employees to the ENA-Portland office! Serena Bishop began working with the Short Term California Desk late last week. She is a '01 graduate from the University of Portland, with a degree in Business Administration. James Bruce is one of the most recent additions to the Structuring Group. He graduated in June '01 from the University of Oregon, where he received his Bachelors degree in Business Administration--emphasis on Finance.
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ANS: WELCOME NEW EMPLOYEES!!!
Irene: Due to the lateness of discussions at Enron Capital & Trade Resources Corp., I did not send any documents to you this evening. However, I do have two different sets of drafts to send to you in the morning. I have an ISDA without an annex (collateral built into the Schedule) and an ISDA with an annex. We have had discussions regarding the use of Letters of Credit and Surety Bonds as acceptable forms of collateral and I may need some additional time to resolve the issues. I will contact you early tomorrow to deliver docs and establish a timeline (if possible). Thanks. Sara
Q: What is a potential subject line for this email?
answer: ISDA Schedule to Master Agreement and Credit Support Annex
Thursday night was indeed a blast. I think my cohorts were ruing my existence by the end of the evening because I didn't have to go to work Friday (wedding in Dallas...very fun). I'm sure you managed to have an all right time in SF as well. I am definitely up for a bucket of beer this week. It's supposed to be sunny and warm all week long and I can think of nothing that goes better with that than cold beer. As for Austin, I have a wealth of information on the subject that I would be more than happy to share. Susan
Q: What is a potential subject line for this email?
answer:
FYI