This is the content of an email: Under separate cover, I am faxing to you a copy of a "Table of Contents" for a collection of memoranda on various Brazilian issues (physical trading, derivatives, tax, etc. which I have copies of. I have also received from you this morning the response of Antonio Felix et al to the inquiry of Gustavo Junqueira. It will become increasingly difficult to monitor our progress with the Tozzini firm if the business people have direct contact with Tozzini and bypass the Enron lawyers. We will not be able to compile a comprehensive review and the requests will become disorganized. Requests for legal research by Tozzini should originate with the Enron lawyers and be addressed to the Enron lawyers. We can then discuss conclusions with our business people (and even meet together with Tozzini). I hope that you concur with this procedure. If you do, I think that it would be more appropriate for you to contact the Tozzini firm to convey the message (and also to our business people). Please call me when you are back in the Sao Paulo office if you have any questions. P.S. I will prepare for you the "mini-book" containing the memoranda referenced above.

Subject: Brazilian Derivatives Issues

This is the content of an email: Hey guys, Just FYI- I entered transmission deal # 696342.1 for $192.19 to account for line losses on PAC transmission for the month of April. Please see me if you have any questions. Virginia

Subject: April trany loss annuity

This is the content of an email: Luanne: I made a mistake on the language that we sent you on MAC. On the last part where it talks about a failure to be rated, my understanding from our discussions is that a MAC would only be triggered if a party's credit support provider failed to be rated by either S&P or Moody's so that if it lost one rating but maintained the other rating a MAC would not be triggered. For this reason the amendment should read ...or its Credit Support Provider shall fail to have a rating from either S&P or Moody's. Please confirm that this is your understanding and sorry for the confusion.

Subject: MAC Language

This is the content of an email: Steve, here is the contact list that you requested. By NO means is this a complete list, as I was not able to get hold of everyone in our group. Christie will be back tomorrow and will add/delete/amend accordingly. Mike will provide you with phone numbers for U of C, Northwestern, LSU, UT. As an aside, I believe the general consensus from my counterparts is the most beneficial route to take would be to allow those who already have an existing personal relationship with key faculty and deans to be at the forefront of any contact and/or communications. Enron's credibility has been very publicly damaged by a few of Enron's key executives and schools are reluctant to have discussions with someone from our camp whom they don't already know. Hope this document helps in the interim. Regards,
Subject: University Affairs Contact List