Subject: "Q&A Process".

Body: You have many questions about how the bankruptcy will affect you personally. The HR team is endeavoring to answer these questions. Due to simple logistics, answering each question individually is very difficult. We are working to solve this issue by compiling answers to the important questions concerning employee benefits, expense payments and so on. Answers to the most frequently-asked questions will be posted on the corporate website at www.enron.com. Click on Information for Enron Alumni Affected by Chapter 11 Filing </corp/alumni/> . These Q&A Facts are regularly updated as soon as accurate and factual information is received. In addition, we will have updates on 1-800-97-ENRON. (Option 9) If you have questions that have not been answered, please submit them to the following email address: questions@enron.com A team of people will be answering these questions and posting answers on the above sites as soon as possible. The HR team will also be posting initial Q&A's within the next few days on www.home.enron.com for our current, retained employees. Thank you for your patience as we work through the complexities of the situation. Julie Kearney 503) 464-7404 julie.kearney@enron.com

Subject: "TW Firm Contract Processing".

Body: Effective August 16th, 2001, the ETS Deal Capture Team will help process all firm agreements on TW. All requests for firm service should continue to go to Michelle or Dennis for the base agreement processing; however, the Marketer should complete and forward a deal sheet (attached) for completion of the discount amendment and for us to obtain the appropriate approvals. Deal Capture will also tender the agreements and hand partially executed deals to Contracts for activation. As time permits, we will reconstruct the TW Firmbook listing of all active agreements by production month. Please let me know if you have any questions or concerns. Thanks! Craig

Subject: "Various".

Body: Max, congrats on the Decero PPA - we need to wrestle up another 100 to 200 MW. This should be a priority given the profit potential of this deal as per Oz and Doug (+50M in 2000). Is there an ability to let Sabine or Irvin run with Vitro and get your attention on this item asap. I know that the Monterrey project is eating into your time. Do we need to augment your resources? On a different note, the current Monterrey control budget is showing a $5.3M negative variance from the original control budget. Is this accurate? Does this reduce the profitability or is it absorbed by the PPA's? Regards

Subject: "Misc".

Body:
John: Thanks for your voice mail message. I will wait to hear back from either you or John M. before I respond to Reliant on our issues list. I do agree with you on all of the points that they need to address. On the Event of Default issue, do you think that Janet Greene's proposed language to the "null and void" sentence as well as the drawing certificate works? I was concerned that the language "Event of Default under the Confirm" may lead to some confusion as to what Events of default are covered. What do you think?