Subject: "Kinder/Morgan PRM Structure".

Body: The meeting Don and I had with Kinder/Morgan to discuss his Price Risk Management Product went really well. We met with Park Schaper (CFO), Anthony Lannie (President of Power Group) and Jay Hopper (VP and General Manager) was on the phone from Denver. They were very interested with regards to potentially replacing long term tolling agreements with this product. Enron could provide a five year toll and the product would begin in the sixth year through year 15 or 20. We talked very little about their existing projects; Little Rock and Michigan. They do have all the permits for the Little Rock site and are moving forward with the Michigan site and still do not have any tolling agreements in place for those projects. The ball is currently in their court and were going to get back with Scot with respects to the projects and with Tom on the PRM Product. Please let me know if you have any questions with this matter. Thanks! Ben

Subject: "Reminder".

Body: Reminder The Enron Oral History Project Continues... "Using History to Help Enron Become the World's Leading Company" How can an understanding of strategic choices, regulatory change and corporate culture help Enron achieve its vision? Speaker: Joseph Pratt, Cullen Professor of History and Business, University of Houston and Co-Director, Enron Oral History Project Thursday, June 7 11:30 a.m. to 12:30 p.m. EB 5C2 To Make a Reservation, Call 3-1941 and Select Option 1 Lunch will not be provided, but you are welcome to bring your own. Please inform us ahead of time if you need special accommodations to participate in this meeting. Call 3-9390.

Subject: "Navajo 03".

Body: Dear Power Outage Database Customer, Attached you will find an excel document. The outage contained within is a forced outage. Your daily delivery will still contain this outage. Any questions please let me know. Thanks.

Subject: "Valentis".

Body:
Paul: Further to my earlier email: Do you want to request the language which we have devised for (1) hedge fund monthly account statements and (2) quarterly/annual engineering reserve reports? Please call to discuss. Caroline says she may be transacting today.