Subject: "Merger Transition Teams".

Body: Greg, While Enron's management teams are reviewing actions plans for the upcoming six to nine months, I understand that functional transition teams will be assembled to address the planned merger. I would like to register my strong interest in assisting any transition team where my skills could add value. Prior to developing and supporting corporate as well as enterprise systems at Enron my career has spanned across General Electric Capital Services and ABB on a global basis. Much of this experience has included system integration and change management. Let me know if you have any questions to the above. Otherwise, I wanted to let you know of my interest and desire in working towards a successful transition for Enron. Regards,

Subject: "Moody's Teleconference - Issuer Financial Analysis Under FASB Statement No. 133".

Body: Teleconference Issuer Financial Analysis Under FASB Statement No. 133 Monday, December 3rd, 2001 10:00 AM (New York) 3:00 PM (London) Dear Client: Moody's Investors Service's Priority of Claims/Accounting Standing Committee is pleased to invite you to participate in a teleconference hosted by Patrick Finnegan, Arthur Fliegelman, and Dr. Ashwinpaul (Tony) Sondhi. The teleconference will consist of approximately 30 minutes of prepared remarks, followed by a question and answer session. Key highlights of the discussion will include: * Credit and financial analysis issues raised by FAS 133. * Moody's views on interpreting financial statements under FAS 133. * Problems and pitfalls of statements issued using FAS 133. If you wish to participate, please dial one of the following numbers with the password of "Moodys" approximately 5-10 minutes prior to the start of the call: ALL Callers -- 1- 312 - 470 - 0053 password "Moodys"

Subject: "Tammi".

Body: Scott, Tammi told me that she has chosen not to sign the Employment Contract. I understand her issues. Even before she informed me of her decision I was thinking that we should support her for mid-year promotion to Director. I would like to get your thoughts on this. Frank

Subject: "FERC Contact Re: Enron Situation Impact on Pipelines".

Body:
I received a call from Jim Guest at the FERC OCA this afternoon concerning the Enron situation. He had read the articles and heard the reports. Wanted to know if bad accounting was the root of the problem. I advised him that it was bad investments that was the real issue. He asked about the use of the pipeline assets to pull Enron thru the liquidity crisis. I gave him a brief overview of the Dynegy cash infusion and the bank revolvers. He said there was some concern at the FERC that projects we might be proposing may not be able to be funded due to the reduced ability of the pipelines to obtain outside financing due to the securitization of the all the assets. I indicated that it was my opinion that good investments in pipeline facilities would probably be looked on favorably at Enron these days. Thought you'd want a quick update. I haven't advised Drew or Greg Porter yet. Thought you might want to cover with them.