This is the content of an email: Two contract's ROFR notification expired this week (11/30/2000). These contracts will terminate next year 11/30/2001. Burlington with 15000 Ignacio to Blanco and PG&E with 20000 Blanco to EOT. Eprime signed a 50000/day park and ride agreement effective 12/01/2000. Current posted rates are at max of .3883. Invoices are going out next week. Included is the Burlington credit of $83000 in prior period adjustments.

Subject: Bullets 12/01/2000

This is the content of an email: Attached is the form of master agreement which I sent to you earlier today. Please forward to AEC to facilitate their review. I have highlighted the sections that are different from the existing master in place with AEC. I did not have the original 97 agreement on word document so I simply highlighted those sections.

Subject: Highlighted Master

This is the content of an email: Brant Per our discussions, here is what the Oneok folks want to do. 1. We currently have 2 Masters - one with KN Marketing LP (now known as Oneok Energy Marketing & Trading Company, LP) and one with Oneok Gas Marketing Company. Pursuant to the Guaranty that you just received, both Masters are currently guaranteed by Oneok Inc. In addition, both Masters are currently guaranteed by Enron Corp. under a $15,000,000 Guaranty for Onoek Gas and a $10, 000,000 Guaranty for KN. 2. The Oneok folks want Oneok Gas Marketing to assign all trades and its Master to KN Marketing LP and to terminate the KN Marketing LP Master. When all is said and done, there will be one Master with KN Marketing LP and all trading activity will be with this entity. As I mentioned to you, the Master that will remain in place has no Credit Support Annex. How much should the Enron Guaranty be for? Call me if you have any questions. Susan, Could you please prepare an assignment and Termination Agreement for this. Brant will let us know if any amendments need to be made to the Oneok Master. Carol

Subject: KN Marketing and Onoek

This is the content of an email: Jeff, I have attached a file showing the SCE receivable amount of ($109,292,004.75) Due Enron. This amount is net of the payments made by SCE. A few cautions, these amounts are reported more by Enron accounting month vs. utility bill cycle month. But at least it highlights the rapid fall off starting in the March, when most of the customers had been returned to Bundled Utility Service. To obtain a more accurate projection of the receivable as of January 18, 2001 or at any point would require this information be sorted differently and require allocation assumptions to handle the bill cycle vs. accounting vs. PX end date. Hopefully this will be enough to get you ready for Monday's meeting. Call me if you would like to discuss. FYI, I have also included information re PG&E. If you are asked, these amounts are directly from the utility bills, not an Enron's calculation. We have not really tried to "tie" these numbers with the utility, but in all cases these amounts were pulled directly from the utility bills. Any errors would be due to omissions or query compilation errors. EES could be prepared to actually reconcile these with SCE, if you give the go-ahead to do so. Let me know what you think, or if you need anything else. If you follow Rick's suggestion, it might be a short meeting anyway. Wanda
Subject: Booked PX Credits