Subject: "KeySpan Hedging".

Body: Please note the attached letter from Nancy Cianflone. The intent here is to let you know that KeySpan Energy Delivery has hedged 27% of our flowing winter supply. This was done in order to mitigate any spikes in this winters market. You may want to take this into account when pricing your winter contracts. Mike - Hedge1.doc

Subject: "Yo".

Body: I went motorcycle riding last night - I think I need to get some better winter riding gear. We will definitely go to court next Tuesday at 1:00 PM. All we are doing is verifying Dad's signature on the will. Once the judge sees us it should only take about five minutes. That's all I have for now.

Subject: "benefits issue".

Body: Jeanie, I work in the ENA gas trading dept and understand that you are our HR rep. I would like to speak to you briefly about a benefits issue relating to the legal custody of a child. Please call me at 3x7277 at your convenience and I will give you the details. Thanks

Subject: "mich/cons vs. mich_cg-gd".

Body:
FYI- We need to be more careful with which of the two curves above we use for physical deals. We have had some substantial OA for Jan 01 production because the basis curves for these two locations were .30 different. Usually these are less than .05 different. If you have a physical mich physical it should be Mich_cg-gd in tagg(which is michigan consolidated pipe in sitara), if it is consumers power, it will be mich/cons and cec pipe in sitara. Any questions, ask. Thanks. PL