This is the content of an email: Last year money was to be set aside in reserves to cover the net amount needed to resolve these issues with Transco, BUG , LILCO and Enron. The total dollars required was approximately $4.25 million. An amount of $3.55 million needed for the Transco historical imbalance resolution. The remaining balance was needed for the BUG and LILCO accounting issues that Keyspan brought to our attention last year. Bob Hall has $3.5 million reserved in his area for the Transco historical imbalance. The remaining $50,000 for Transco and approximately $700,000 of additional funds for the accounting issues were to be reserved last year under "The Office of the Chairman". Sally Beck and Janet Dietrich arranged for this additional money to be reserved at the "Chairman" level since the additional funds were needed to correct an old accounting problem that should not hit the East Desk P&L. Also, the arrangement was that the reserve would be maintained until the settlement payments were made by Enron. As with most stories, there is some good news and some bad news. First, the bad news. After a great deal of investigation, it appears that there currently is no reserve at the "Office of the Chairman" for these additional funds. Now, the good news. Georgeanne will take the necessary steps to make sure there is money available so that we can quickly resolve these issues with Keyspan and Transco. If you have questions, please give me a call. Ruth x31667

Subject: Transco Historical Imbalance & BUG/LILCO Accounting Issues

This is the content of an email: I have read about the Super Maramu 2000 and note from your website that you have a location on the Mediterranean in France. I will be in Southern France September 23 through 25. Would it be possible to visit you in Hyeres during that time? Is an appointment necessary? Mark Taylor 1322 Rutland Street Houston, Texas 77008 (713)863-7190 (home) (713)853-7459 (work) (713)646-3490 (fax)

Subject: Visit in Hyeres

This is the content of an email: Paul Flack asked me to ask each of you if you have received any materials relating to lawsuits about which you have not yet informed us. Paul's question arises from our learning about a motion that was filed in federal court in Texarkana in a case styled Davis, et al. v. Enron, et al., in which you were named as defendants, and about which we have received no prior notice. Thank you for your assistance.

Subject: "New" Lawsuits

This is the content of an email: Your REGION Geographical Boundary: Fuel Sources (Pipelines, Terminals, NG/FO2/FO6 storage, Rivers): ? Coal: (conversion factor, supply source) ? NG: (pipelines, basis to Henry Hub) ? FO2/FO6: (conversion factor, supply source, correlation to CL) Load Mix: ? Residential / Commercial ? Industrial Stack: ? Nuke (tot. mw and % of tot. stack, marginal load/cost) ? Coal (same as above) ? NG (same as above) ? FO2/FO6 (same as above) ? Hydro Historical Outage Cycles: ? Nuke, Coal, NG, FO2/FO6 Seasonal Interchange: ? Import (avg. daily mw and where) ? Export (same as above) Top 5 Largest Utilities/Operators: ? Service Territory (within this region) ? Stack ? Load Mix Top 5 Largest Merchant Generators: ? Plant Locations/types Attach historical load and MWDaily price sheet as last page for most actively traded hub in this region
Subject: REGIONAL Studies.doc