IN: Lisa, As i was pondering the meeting last night going home in my car, I realized that I forgot to talk about 2 people, including regulatory and your personal efforts. I apologize for that, it was unintentional and I hope you realize how important you and your efforts are to EGM and Enron. I could not read my notes very well due to the extremely heavy lighting - that didn't appear on my notes just on me. Thanks,

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OUT: EGM meeting

IN: Dear KIMBERLY, Congratulations! You have been successfully enrolled in the course 'Becoming an Exceptional Leader: a manager's level training'. Course details are provided below: Course Type : Instructor Led Course Course Code : MGRTRNG Session Code : 103101 Starting Date : Oct 31, 2001 8:00 AM Ending Date : Nov 2, 2001 5:00 PM Number of Units : 24 Price : $2,100.00 Location : Doubletree Hotel Dallas St. Houston, TX Meetings : Start Time: Oct 31, 2001 8:00 AM End Time: Oct 31, 2001 5:00 PM No instructors or rooms have been assigned to this meeting. Start Time: Nov 1, 2001 8:00 AM End Time: Nov 1, 2001 5:00 PM No instructors or rooms have been assigned to this meeting. Start Time: Nov 2, 2001 8:00 AM End Time: Nov 2, 2001 5:00 PM No instructors or rooms have been assigned to this meeting. You will receive a reminder before the session starts. Thank you.

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OUT: You are enrolled.

IN: Rod: FYI, Paul's doing bond swap with UBS. Does credit have any issues? I am verifying the Enron party (since I am not familiar with the ECT Investment Trust). Please advise. Sara

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OUT: TR Bond Swap Confirmation

IN: Dear PIRA Client, PIRA has created a new presentation on the world economy. You can access this presentation via PIRA Online (www.pira.com) by logging in and, from the Client Home page, choosing "World Economy" from the "Macro Data"* drop-down menu at the top of the screen. We have also updated the existing slideshow accessible from the "US Economy" link. The presentation consists of a table and charts that encapsulate GDP and IP performance, by country/region, for 2000-2002. It is a useful comparative recap for the existing slideshows on the U.S., European, and Japanese economies. Given the overall importance of economic trends and their impact on regional and global energy markets, PIRA maintains databases of key economic indicators to support our analyses of energy fundamentals and the associated market forecasts. These presentations ? which are updated as new data become available ? are being made available complimentarily to all PIRA Online users. If you need a user name and password for PIRA Online, or if you need help logging in, please contact Dyana Rothman at (212) 686-6808, email: support@pira.com. (*If you are having trouble finding the "Macro Data" link, go to the FAQ page on PIRA Online and click on question number 4.) Gary N. Ross Chief Executive Officer PIRA Energy Group

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OUT:
PIRA Presentations on the US and World Economy