IN: Gentlemen: Attached is a draft of the facility agreement, without reference to WestLB. It just came in, so I haven't reviewed it. It looks like 330 tomorrow will work for this group, unless you tell me otherwise. I'll get back to you with the location. Kay

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OUT: GE Contract

IN: Dear Ken, I am forwarding to you a copy of a second letter that you and Dean Powers will be receiving later today from the AFL-CIO and the Amalgamated Bank. This letter will also be released to the press. It addresses the AFL-CIO's and the Bank's concern that board procedures be adopted that would help ensure comprehensive disclosure to shareholders in light of a possible upcoming transaction involving Enron. If you, Dean Powers, or your staffs would like to discuss the ideas in the letter or our thoughts about possible additions to the Enron board please do not hesitate to contact me or my colleague Bill Patterson. Sincerely,

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OUT: Second AFL-CIO Letter to Enron

IN: Leslie, On the attached list they have PPL Electric Utilties Corporation & PPL Energy Plus as amended and new, but you didn't respond to them. I have no record on PPL Electric Utilities, so can you treat that as a new counterparty even though it says amended. Thanks.

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OUT: EOL Credit Responses 07/24/00

IN: Rod and I discussed this party (which always appears on the legal/credit list!!!! It seem that BP signed a Master Agreement (our OLD form) with ECTRIC on 1/8/98 and agreed to sign THE IDENTICAL AGREEMENT with ENA. Absent an executed agreement, ENA and BP continue to use a form of "Swap Contract" which had been agreed to many years ago (similar to our GTC's in the omnibus) which also provides that the parties will negotiate a master agreement. Rod doesn't see much current trading activity so we didn't believe this to be a high priority. Having said all of this, the form is limited to swaps, doesn't provide for setoff, arbitration, certain market disruption events and several other items which we can review if necessary. Please let me know how you would like to proceed. Thanks. Sara

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OUT:
BP Oil International Ltd. ("BP")