Subject: "TW Gas Sales: PRIVILEGED AND CONFIDENTIAL ATTORNEY CLIENT PRIVILEGE".

Body: In anticipation of potential litigation involving TW's operational activities, please prepare an analysis for me of the reasons for TW's sale of excess natural gas at the California border. I am aware of several of these sales and have been informed that excess pressure at the border is the basic reason for them. I'd like a more specific explanation that includes the following information: 1. What are the specific pressures and volume considerations that could make it operationally necessary to sell gas at the California border? 2. What is the process that is followed to make such a determination? 3. Which individuals or groups are involved in determining whether an operational sale is necessary? 4. In what way have system operations changed since last year and how do those changes contribute to the increased frequency of such sales compared to previous years? 5. What alternatives to operational sales are considered before the decision to make a sale is reached? Thanks for your attention to this request. Please give me a call to discuss and please designate your response as "Privileged and Confidential, Attorney Client Privileged."

Subject: "Investigation".

Body: Privileged and Confidential In our meeting on Friday, we talked about the summary of complaints that you three are going to do. If possible, I would like to receive those by Tuesday night so that they can be reviewed on Wednesday. We are meeting with Beck/Olson on Thursday. Let me know if that is impossible -- I know you all are swamped with zillions

Subject: "Financial Trading Agreements Database Link".

Body: Attached is the link that will allow you access to referenced database. Please note, that we have just upgraded the database to add the ISDA definitions, branch offices approved for trading, and market disruption provisions. This information should be inputted for the new master swap agreements on a going forward basis, but we still need to go back and repopulate the data for the existing master swap agreements. Also, FYI, the "See" drop down is our nickname for the name changes and mergers reference. If an item is filled in for that entity it should show you any prior or new names for the counterparty. If there is anyone else who would like the link, please let me know and I will forward it to them. We hope you find the information provided in this database helpful. Link -->

Subject: "Meeting with CFTC".

Body:
Liz and Tammie: Mark Haedicke requested I get two different dates that Greg and Louise can be available to meet with the CFTC here in Houston. The CFTC will come to review our operations and ensure we are operating in compliance with the law. Mark has proposed to block out and hold Thursday, February 21, and Thursday, February 28. Then we can submit those two dates to the folks at the CFTC and see which date they prefer. Please advise if we can hold those two dates. Many thanks.