Problem: BODY: We have received copies of a Certificate of Merger filed with the Delaware Secretary of State on 12/22/00, effective 12/31/00, wherein El Paso Merchant Energy-Gas, L.P. (Global Counterparty #72297), a Delaware limited partnership, merged with and into El Paso Merchant Energy, L.P. (Global Counterparty #53350), a Delaware limited partnership, with El Paso Merchant Energy, L.P. (Global Counterparty #53350) as the surviving corporation. By virtue of this merger, the ISDA Master Agreement dated 12/01/99 should now reflect El Paso Merchant Energy, L.P. as the Counterparty. In connection with this merger, Credit will be getting a new parent guaranty from the Counterparty. Upon its receipt, copies will be distributed. Copies of the Certificate of Merger will be distributed.
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A: SUBJECT: Merger - El Paso Merchant Energy, L.P.

Problem: BODY: Attached is a clean and redlined version of the Capacity Assignment and Release doc. for Calpine. The redline has Calpine changes in light purple with Enron's changes is red. Please review. Stephanie, I did not resend the revised confirm which I sent earlier today. There were no changes to that doc. since the revised version I sent this morning.
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A: SUBJECT: Revised Assign and Release Doc.

Problem: BODY: Friday's Contents: 1.18.02 Daily News Update and Stock Performance Calpine Restructuring Lead to New Future As stated in our November 16 issue of The Prometheus File, Reed Wasden Research will be sending our daily publication and morning notes for a 45-day trial period. Included is our daily update and notes on companies that RWR follows. For those who do not wish to receive the daily updates, please reply with WEEKLY ONLY as the subject. Please allow at least one day for your request to be processed. Best regards,
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A:
SUBJECT: Reed Wasden Research - Daily Update 1/18/02