This is the content of an email: Dave the following are PNM's Wholesale Power Marketing's comments: 1) Please spell out "Public Service Company of New Mexico Wholesale Power Marketing throughout the Enfolio. 2) Section 2.3 should also include your customer's recording equipment and tape as well. 3) Section 4.1 (iv) ...apply to any "Party" ... should be capitalized. 4) Section 4.1 "last sentence" ...Notify Party or "its" Affiliates.... 5) Section 4.4, please include the following sentence at the end: Provided, however, that it is not the purpose of this Section 4.4 to provide for or to permit the setoff of obligations by ENRON against Counterparty for obligations of the PNM Gas Services under contracts between ENRON and the PNM Gas Services or against the PNM Gas Services for the obligations of the Counterparty under this Master Agreement. 6) Section 6.2 A. first sentence "....and (iii) such New Tax is due ..." remove comma (,) 7) Section 8.3 & 8.5, Appendix 1: Arbitration, Disputes, Procedures and Award , Texas Law is being used. Our proposal is a neutral state such as New York.

Subject: PNM Wholesale Power Marketing comments on the Enfolio

This is the content of an email: Hi Sally, Attached is the first cut at average deal count and tenure information for EOL and non-EOL trading. The only missing pieces at this point are European Metals and "Other", both of which we should have from London first thing in the morning. I will send an updated file as soon as we have that information, and we wil be standing by tomorrow in case there are any revisions needed, or additional requests. Thanks,

Subject: Average Tenure and Deal Count Information

This is the content of an email: I've changed all the deals I could find that contained the counterparty name "California Department of Water Resources - CDWR" to "California Energy Resource Schedulers - State of California." The following deal numbers are those that have been changed. If you come across other daily deals, most likely done by EPMI Short Term California or Short Term Northwest, let me know and I'll change those counterparty names too. 510867/860/857/853/775/774 509540/518/513/511/509/508/504/463/462 Thanks for your help on this. Kate

Subject: CDWR Deals

This is the content of an email: Just a quick note about the free agent and bye week replacements for this year. The free agent draft will be held Thursday at 1pm. You will have until 1pm to submit your free agent requests to me at mcuilla@enron.com. You should include who you want, who you want to drop and the amount of points you want to bid. You can bid 0 points for a free agent however if someone bids 1 point you will lose. In the case of a tying bid the two teams will have an open bid to determine who gets the player. Everyone will start with 100 points and you more points based on your weekly finish (1 point for highest score and 12 points for lowest score).
Subject: Free Agents