IN: Suresh For the next two weeks, I'd like you to focus on the following. 1. Development frame-work and getting Zach upto speed Specs for Syndication report & testing & production date Finalize questionnaire and production date Modifications to Invitee and User stats 2. EnronOnline auctions - structure, and hash out details to enable kick off 3. Legal frame-work , shorten contracts for both deal-rooms and auctions 4. Marketing materials for procurement - and leasing, mail to top 100 list. 5.Complete transfer of operations to Networks group (Sherri Thomas's group) 6. Budget changes 7. Finalize hiring needs for Q1 and Q2 8. Focus each of the marketing leads on revenue, client lists, outreach, marketing and sales strategy Ross - procurement Don - Banks Toby - Data rooms Miguel - leases, legal and other data rooms 9. Dataroom development frame-work Harry

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OUT: Tasks

IN: I spoke with Sylvia Pollan this afternoon in regards to Midland Cogeneration Venture Limited Partnership (SHORTNAME: MIDLANDCOGEN). Although the counterparty terminated the 9/1/90 agreement 1/15/02 per the Master Letter Log, we should continue to moving the gas until further notice. As result of such, please move the following transactions from the BANKRUPTCY book back to the 'Live' side (sorry, couldn't think of a better description). I will send immediate notice should the status of these transactions change. TAGG# SITARA#(s) E22563.6 22563 / 340362 / 356854 E22563.Q 22563 / 340362 / 356854

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OUT: Deals to be "re-activated" for MIDLANDCOGEN (Midland Cogeneration Venture Limited Partnership)

IN: Rick: Both Greg and John are traveling. I did receive a voice mail from John advising that the deal has been delayed. I don't have details. John will try to call you. Thanks. Sara

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OUT: Transaction Status

IN: Houston has requested we sit down with them on the phone and go over all the in-the-money contracts we have. By their count we have about 50. They want to account for each and understand why we may not be delivering on them. Ed Baughman will be sending his master list in advance of a 11:30 call in Mt. Bachelor. Please send at least one representative from each of the regional desks to discuss the list. Thanks,

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OUT:
Conference Call with Houston