IN: I'm trying to track down that presentation for you, I need the directory information. As soon as I get it I'll have it emailed to you. Hope you're staying out of trouble...

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OUT: Presentation

IN: Dear Teresa: Thank you for offering to help me with the preparation of the resolution for EGS New Ventures Corp., which owns LRCI, Inc. to appoint the following three individuals as directors of LRCI, Inc. effective today, November 26, 2001: Mark E. Haedicke Brian L. Redmond Jean M. Mrha As you know, the directors of EGS New Ventures Corp. are James V. Derrick, Jr. and Mark E. Haedicke. Thank you so much for your help. Please call me if I can help get these documents signed today.

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OUT: New Directors for LRCI, Inc.

IN: This has got to be the last time. Tomorrow morning a new team will arrive for due diligence purposes. Tom Martin will be hosting this team The Schedule outline is based on initial overview discussions/presentations and then more detailed discussion can occur in individual groups the outline is as follows. It may be better to split up earlier but I leave all those decisions to Tom . 9:00 Introduction John Lavorato & Louise Kitchen 9:30 Financial Overview Wes Colwell 10:00 Risk Overview Buy / Port 10:30 Credit Bradford 11:00 Back Office Beck/Hall 11:30 Systems (EnronOnline) Jay Webb 12:00 Mid/Back Office Systems Jay Webb 12:45 Infrastructure Jenny Rub / Bob 1:15 HR Oxley Afternoon Dataroom and Trader discussions Please make yourselves available. Tammie - please check availability. Thanks for your continued understanding.

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OUT: The Maple Leaves

IN: <<IPW111901.pdf>> Good Morning, Attached, please find the latest issue of our Independent Power Weekly. Summary: 1. IPPs Rise 5.0% Last week our IPP composite rose 5.0%, outperforming the S&P 500 (+1.6%) and the NASDAQ (+3.8%). AES Corp (AES), which was up 22.2%, was the strongest generator in the group followed by Reliant Resources (RRI) which rose 11.0%. Orion Power (ORN) was the weakest performer, rising 1.2%. 2. Generation Oriented Utilities Fall 2.8% Our universe of generation-oriented utilities fell 2.8%, in-line with the UTY (-2.5%). Black Hills (BKH), Cleco (CNL) and Constellation Energy (CEG) all rose less than 1%. Allegheny Energy was the weakest performer, down 7.6%. 3. ENE/DYN + Attractive Valuations Boost Stock Prices Last week was the 3rd consecutive week of positive stock price performance for the group. Driving stock prices higher, investors continued to grow more comfortable with the Enron situation following confirmation of Dynegy's intention to acquire Enron and provide immediate liquidity support by investing $1.5 billion. Further, we believe the group simply remains oversold. The pure play power producers are trading at a 7% average discount to their private market asset values. 4. Notes From Mirant Meeting Mirant hosted an upbeat analyst meeting last Tuesday. MIR reiterated that 80% of its 2002 forecast is supported by earnings from hedged (generation and natural gas) and franchise businesses (distribution). MIR also provided an in-depth review of how it accounts for its risk management activities. Management noted that it could maintain its credit rating without any new equity issuance over the next 12 months. However, it would be eager to access the equity market should conditions improve in the near-term. 5. Power Market Update Last week the US power markets were generally weak across the country owing to mild weather and falling natural gas prices. While the Mirant National Power Index fell 17.1% last week, the Natural Gas Week composite spot price fell 23.2%. Spark spreads improved in the Northeast and Texas, while compressing in California and the Southeast. 6. Debt Market Update Credit spreads tightened across the sector last week due to diminished ENE concerns and positive stock price performance. Regards,

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OUT:
CSFB Independent Power Weekly; IPPs Rose 5% Last Week; 7%Private Market Value Discount Remains