This is the content of an email: COLUMBIA GULF TRANSMISSION COMPANY NOTICE TO ALL INTERESTED PARTIES JUNE 21, 2002 Re: East Lateral Line 300 - Line Lowering Project Notice ID: 3839 5 - NO RESPONSE REQUIRED Columbia Gulf Transmission (CGT) will be performing a line lowering project on a portion of its East Lateral Line 300 beginning on June 24, 2002. This project is expected to take seven days to complete. The only location to be impacted by this project is 4119 - AEP/Equitable Storage. This location is impacted because it is solely connected to Line 300. While this work is being performed, CGT will be unable to accept nominations for delivery to or receipt from this location. A revised notice will be posted once the work has been completed and CGT is able to resume accepting nominations for this location.

Subject: Critical,CAPACITY CONSTRAINT,20020624,COLUMBIA GULF,007854581,East Lateral Line 300 - Line Lowering Project

This is the content of an email: Meeting covered Market Power and Market Monitoring issues. First presenter was David Patton, from Potomac Economics. This firm has been jointly hired to provide technical support to SPP, MISO and Alliance. Many initial questions on what is market power, how can you define a well functioning market, etc. David envisions a market monitoring organization. If a problem emerges, it has to work with the RTO. IMM should not recommend power mitigation measures, but it should report any problems to FERC. It (has to go via FERC). General feeling is that Market Monitoring should be much more than market power, but to make sure that the market as a whole is functioning. It seems to me that the proposal is aligned with what Christi has advocated as part of the Southeast Mitigation. Multiple questions on how power market should be handled for must run, out of merit (constrained on and contrained off plants) and inflexible plants (e.g. hydro or take or pay gas contracts). Proposals to establish price caps were not accepted. Instead a proposal to deal with one or more generators with potential mkt power: they should have caps on bid prices. David proposed some market rules to deal with specific circumstances. It was generally accepted that demand side response should be used to mitigate market power. Other questions on how demand side bidding shold be operationalized (Mike: are there rules for DSB as part of the MISO Market Rules compendium?) Second Presenter - from WPPI. He raised serious concerns about potential market power in the region (Michigan Peninsula). Should utilities have approval to sell at market based rates? How should ATC be calculate to take into account counterflows? Issue is more pertinent until RTO enter into day 2 phase. Presenter's proposal, which faced a lot of resistance, was to assume that all Gs have market power, unless they prove otherwise (except must run agreements for reliability purposes). Roberto disagreed: this goes beyond MISO's authority. RTO has to work with IMM if market power is suspected. Dynegy requested David to further explore the situation of must run plants. David asked whether or not we had filed our position on MM for MISO. Mike: you may want to send him a copy, just as a courtesy. LM

Subject: MISO Meeting last week

This is the content of an email: Greetings: Saw your QF story. You were right. One never know what the "story du jour" will be. You still interested in talking to Steve Kean? If you are, when do you talk to Skilling, and would you want to schedule something around that, or sooner? Best,

Subject: Steve Kean

This is the content of an email: Dave, I am going to send Shawn your way - he has extensive development, asset and project finance experience. I would like him under your supervision to manage our coal power development strategy - like we discussed it could be a very robust strategy with multiple exit points. I strongly believe that coal needs to come back into the stack and that the existing development teams (Parquet & Jacoby) are already buried under mid-stream gas development opportunities. This would incorporate acquisitions, development, technology, asset sales, emissions credits & technology, fuel supply and power sales. Please update your 2001 budget to incorporate this new iniative. Regards
Subject: meeting