Subject: "New OII".

Body: Hi. Sorry for the delay. Today's big FERC hearing has had me wrapped up. Please read the following and keep VERY confidential---it's an internal PG&E

Subject: "Bankruptcy Exposure Graphs".

Body: Good morning. Per Michael Tribolet's request, I am forwarding you graphs that display the high level detail of bankruptcy exposure by 1) Business Unit and 2) Enron Corp consolidated. Regarding the Portland General graph, please note that we currently have knowledge of only one counterparty exposure - PG&E. Please call me if you have any questions or comments. Thank you and have a great day. Regards,

Subject: "Guaranty Status".

Body: Luanne: Just wanted to see where things stood from your end on your Guaranty. We have been asked to consent to an assignment of trades bewteen J Aron and Statoil and would very much like toi finalize the new Master before we give our consent. Please call me when convenient to discuss. Carol

Subject: "New Book Request - NG-PR-OPTLT".

Body:
Nancy, Please find attached the form for the new book request for the NG-PR-OPTLT book. As always I need to get this set up ASAP. Thans for your help. Errol, X5-8274