This is the content of an email: Congratulations on your new responsibilities. I look forward to working with you on the Litigation Unit stuff (as Eric will advise you, a very pleasant task!). DF

Subject: Changes in Administrative Responsibilties

This is the content of an email: Louise -- The Houston legal/regulatory group is working with the UBS legal department to obtain from the London branch of UBS AG a power of attorney which will expedite the execution of agreements and other signature documents involved in starting the energy trading activities. (I will provide you specific information on the nature of this power of attorney as soon as I obtain it.) To get this in place as soon as possible, we've been asked to provide backup information with sufficient specificity that the nature of each relationship/contract and counterparty is identified. (Example 1: "Wholesale power trading master purchase and sale agreement with Duke Energy Trading and Marketing L.L.C. and related transaction confirmations". Example 2: We would specify the contract and counterparty for each of the 44 gas pipelines which we need to utilize for gas trading operations in ERCOT).

Subject: Power of Attorney re UBS AG energy trading activities

This is the content of an email: Hi Ed, I can't find (or recall) that I received the subsequent email referenced in this email. Can you direct me to the right place? I looked under Administrator and Legal Net X, and all my emails from 3/8. Thanks,

Subject: Secure Website for Enron/GE Turbine Contract Negotiation

This is the content of an email: Shelley, By tomorrow morning I am pretty sure I can have the period Aug 2000 through Jul 2001 Cash In/Out reconciled (roughly) with the PNR and the large PPAs accounted for for each month. Attached is what I have summarized so far. Please go to the last worksheet tab called "SummaryCashInOutStats". I have also finished summarizing within each month the total Cash Out qty and the total Cash In qty and priced each at the appropriate cash in/out price. Since the imbalance quantities are broken out, the actual cash settlement per customer will vary some from actual as the cash in/out mechanism nets the quantities by customer first before applying a cash in/out rate to that customer. Thx, Jim
Subject: Monthly Cash Out Reconciliations