IN: An attorney for Reliant sent a letter on behalf of five Southern California Edison creditors (Reliant, Mirant, Dynegy, Enron, Puget Sound Energy) to SCE today requesting a meeting to discuss the terms of a forbearance agreement. The following is the statement we are using with the media: We are interested in getting paid and in discussing constructive solutions. This letter is aimed at advancing that. We have no plans at this time to participate as a petitioning creditor in an involuntary bankruptcy filing. In fact, this letter is an attempt to avoid bankruptcy.

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OUT: Statement about forbearance agreement letter to SCE

IN: One thing I forgot to mention this afternoon. I have recently gone on the board of Kimberly Clark (Kleenex, etc). They are a heavy user of both power and gas in their manufacturing operations, and it hurt their 1Q results. I have been telling then that they should start a conversation with Enron relative to outsourcing the management of this. As it happens, they have a pulp plant they want to sell, and your guys have an interest to help their trading operation. In the discussions on the pulp plant, don't overlook the opportunity to bundle together a proposal on outsourcing the energy management. Let me know if I can help. Thanks for your attention to our problem.

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OUT: One other thing.

IN: Jim, my understanding is that there continues to be some discussion on whether there will be functional seperation of the retail and wholesale businesses and to what extent and under what strategy these are undertaken. I am not sure that we want to put ourselves in a box under any structure until these things are completely ironed out eg) country managers et al. I'm not in agreement with any memo that further details the organization beyond what was outlined in the original memo. However, I am in agreement that this needs to get resolved ASAP unfortunately Frevert and Skilling and most of the first world is out this week. I ask for your patience. Lets discuss. Regards

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OUT: See Attached

IN: Ted, I think you had, at one point, asked me if the first U.T. football game was Labor Day weekend. It is actually the weekend after Labor Day (Sept. 9) against Louisiana-Lafayette at 11:30 a.m. So basically it should be a very challenging game and relatively cool (Ha!). Hope your day's going well. Shorty FYI - U.T. plays Stanford at Stanford Sept. 16 (7:15 p.m. kick-off)

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OUT:
Hook'em Horns