IN: Elizabeth, Attached please find some contractual documents related to the Midwest ISO and our ability to take service under their OATT. I need to have them reviewed as well as get some aid completing them. I have attempted to complete as much of the documents as possible. Can you please task someone to look at these as soon as possible? The MISO is expected to start offering service on November 15. Unfortunately, they have not given us a lot of lead time on this. I have already been working with Ed Sacks and Leslie Reeves to deal with credit and billing issues, but now have collected much of the information and need to get the documents reviewed. Thanks for your help. One annoying problem with Sections 3-7 - they are in Adobe Acrobat, and can only be edited with Acrobat Writer. I have tried getting the editable originals from MISO, but have not had a lot of luck. I just placed another call to them to request them again. Please call me if you have any questions.

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OUT: MISO Registration

IN: I have now had a chance to review the initial language describing the load index that was being discussed in the flurry of e-mails this morning. My preference would be to keep the language as consistent as possible with the language for the pricing index. Given that the actual hourly load is also posted in the "Actual/Forecast" table from which we derive the pricing index (under the column "Actual AIS Demand"), I would propose that we simply reference that same table and the appropriate column and use the arithmetic average of the actual load for all hours. In doing so, the products will be consistent. I also am not sure that we would then need to have a definition of "Load", as the formula for calculating the "Floating Amount" is made certain without the requirement to define "load". My proposed wording is as follows: The Floating Amount shall be the arithmetic average of the hourly Alberta Power Pool load for all hours beginning with HE 0100 (12:00 am) and concluding with HE 2400 (12:00 am) in each Delivery Day as published (in final, not forecast, form) by the Power Pool of Alberta in the table entitled "Actual/Forecast" reported for the applicable Delivery Day in the column for "Actual AIS Demand" and in the row(s) for the applicable hours, on the Power Pool of Alberta internet web page currently located at www.powerpool.ab.ca/Market/Reports/ActualForecastReportServlet. "Delivery Day" means a day during the term of the transaction. I assume that it is most appropriate to use an average of the daily loads as opposed to, say, the actual load for each hour or a monthly average. Let me know what your thoughts are regarding this language. Greg Johnston Senior Counsel Enron Canada Corp.

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OUT: Alberta Power Pool Load Index

IN: Hey guys! I know you've been wondering what's going to happen to Team Enron for the 2002 MS150. Going forward, Enron will not be able to fund the team, but I have some very good news for you! Sun & Ski has adopted us so we can stay together, and all we have to do is change our name. We will be Team Sun & Ski, with an official announcement of the name coming out a bit later, but since the deal was just finalized, I wanted you to be the first to know that we have a new arrangement while we are working out all the details. We will have all the same amenities we have enjoyed over the years, and our new sponsor has asked me to stay on as Team Captain, which makes me very happy, as that saves me from a major identity crisis. Don't know what I would do without you guys! Just wanted you to know that I will still be your point of contact for all communications. Please do not try to get info from the Sun & Ski stores, as their staff would not be prepared to answer any team questions this early in the planning stages. We want to retain your participation, and plan to make our new team bigger and better than ever! All the details will be forthcoming by e-mail as soon as we have anything to tell you about registration and all the other plans we have in store for you. We have about 50 of you registered already for Team Enron, and we will automatically put you on Team Sun & Ski unless I hear otherwise. Stay tuned, and have a Happy New Year!

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OUT: GET ON BOARD FOR 2002

IN: On April 23rd, Enron Houston employees will be invited to celebrate the Topping-Out of Enron Center South. This exciting day will be a celebration for all Enron employees, our contractors and construction crew and for the city of Houston. Enron Center South is the first high-rise office tower to be erected in downtown Houston in more than 10 years. We are proud to continue our efforts keeping Houston a world-class city by creating this innovative new building designed by world-renowned architect Cesar Pelli. All Enron Houston employees will have an opportunity to play a part in the Topping-Out celebration by signing their name to the last beam before it is hoisted atop the new building. Beginning April 16th, please take the time to sign your name on the beam located in the Enron Building lobby.

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OUT:
Beam Signing Event