IN: Martin, Please, ask Steve to call your office. I may be late on Friday. I don't have to be present at this conference call. Please, talk about your potential involvement and if takes a trip to London it's OK with me. Vince

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OUT: Phone conference

IN: Rick, Our group has completed our new investment strategy and are preparing to move into the execution phase. I would appreciate the opportunity to present the strategy to you, Dave Gorte and Randy Petersen. It would take about 1 hour, and I would value your feedback. Let me know if you are up for it, and I will have my assistant schedule it. Thanks,

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OUT: Enron Principal Investments Strategy

IN: FYI - New counterparty setup in Global for EOL purposes. Profile Manager was updated today.. Please call me at 5-4435 if you have any questions. Counterparty: Encore Energy Solutions, L.P. CP ID Number: 88408 Contract Number: 96093729 Comments: New Counterparty established for EOL trading. Updated EOL Profile Manager on 11/21/01 Thanks,

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OUT: NEW COUNTERPARTY FOR EOL - ENCORE ENERGY SOLUTIONS, L.P.

IN: I heard that the CPUC and/or the utilities have taken the position that any amendment to a contract after 9/20, like a pricing amendment, is a new contract entered after 9/20 and therefore invalid. Is this true? Does this hold any water?

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OUT:
CA Extenstions/Amendments