IN: Brian, Thanks for the camping trip this weekend. It did help me clear my mind and sort some things out. This is a tough time right now, but having good friends like you will help me get through this. Thanks again.

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OUT: Camping

IN: This was sent to me by one of the developers. I believe it relates to an expansion (or new interconnection) of the Caledonia facility. I don't know which lawyer has been working on it, so I'm sending it around to see if anyone claims it. Chris thought that someone from Power Trading may have been working on it. Kay

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OUT: Option Agreement and Easement

IN: Bob, I have attached an Excel file that values Pete Keavey's Gas Daily swaps and options. In looking at the spreadsheet that you sent, I found these to be the most incorrectly valued. In order to get the valuations, I had book administators run calculations in the ERMS system. These values should correlate with how credit valued these deals. The file consists of a summary worksheet for each month and a detail worksheet for each month. Please feel free to call, or have Homer call, with any questions that you have. Thank you,

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OUT: NatSource Deal Valuation

IN: Many of you have not signed up for an afternoon activity for the RAC Credit Offsite @ Del Lago Resort on Friday, November 9. The sign-up sheets are on the countertop at my desk. Please choose your activity by this Friday so that arrangements can be made at the resort. Activities available are: golf scramble, massage, pontoon fishing, boat ride, volleyball, tennis, racquetball, horseshoes, shopping at the outlet mall, pool tables or lounge by the pool/bar. Karen

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OUT:
RAC Credit Offsite - Del Lago Resort - November 9