Problem: BODY: Attached is a revised Credit Watch listing for the week of 5/21/01. Please note that The Paralan Company and SGL Carbon, LLC were added to the Credit Watch List. Also, Southstar Energy Services, LLC had been moved to "NO TRADES". If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report. To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002. For other questions, please contact Jason R. Williams at x5-3923, Russell Diamond at x5-7095, or Veronica Espinoza at x6-6002.
======
A: SUBJECT: Credit Watch List--Week of 5/21/01

Problem: BODY: Jim, I really don't see a need for this meeting - you can count on us not dropping the ball. I have a good understanding of the retail product offering, in fact, we lead the outsourcing sales process for the large industrial customers in NA until EES bought back their minority shareholders. I have a very good relationship with Dan Leff and Sunde. I already have Dan's committment to help service the execution of the business initially. As it grows and the product proves itself out we can staff. Regards
======
A: SUBJECT: Retail in South America

Problem: BODY: See you all tonight at the Paragon! Let me know if you need a ride or directions! Analyst and Associate Happy Hour! When: Thursday, November 8 Time: 6 - 8 pm Where: Paragon 1309 NW Hoyt St. Appetizers and drinks provided
======
A:
SUBJECT: HaPpY hOuR TONIGHT!!