Subject: "REVISED".

Body: Jim - The option number was previously understated - should have been $252,010, for a total avg. comp. package of $384,000 in 2000. Separately, I will forward document you may send externally.

Subject: "Open Enrollment for Benefits".

Body: Open Enrollment for your 2002 Health Benefits begins Monday, October 29, 2001! Q. WHAT DOES THIS MEAN? A. If you plan to make changes to your existing benefit coverage, you will need to make changes during Open Enrollment which begins Monday, October 29, 2001 at 8:00 AM (Central) and ends on November 12, 2001 at 5:00 PM (Central) To facilitate these changes, you received an Open Enrollment Benefit Packet at your home address. This packet contains a personalized worksheet and the Enron Instruction Guide to help you make your selections. (If you have not received your Info Packet, please let us know ASAP! ) Q. WHAT DO I NEED TO DO? 1. If you are satisfied with your current elections and do not need to make changes, do nothing. Your current choices will automatically roll over to 2002. 2. If you plan to make changes to your coverage, you will need to either access the Intranet website at work: benefits.enron.com or at home at www.Enron.BenefitsNow.com or call the Phone Enrollment Line at (800) 332-7979, Option 5. Q. I HAVE MORE QUESTIONS. I NEED MORE INFORMATION. A. If you have more questions or need more information, you may attend our Open Enrollment "Brown Bag" Info Session being held on Friday, October 26 @ 11:30 PM in the Mt Hood Conference Room. See you then! EWS Portland HR Office Julie Kearney x7404 Grace Rodriguez x8321

Subject: "Turbine contracts".

Body: Hi Lee, Pete Thompson is preparing the LV Co Gen break out contract based on the version generated last week that you and Bill Williams had agreed to (or so I think), but incorporating the AIP stuff where approproiate for the new turbines. We need to have the Delta break out contract signed by April 11th, so I'm hoping to have the LV Co Gen contract today or early tomorrow for all to review. That way, you can look at both at the same time, and sign both at the same time. Pretty nifty! Thanks,

Subject: "The Dial Corporation".

Body:
I spoke with Chris Littlefield (legal) a few moments ago and he would like for you to call Dial's treasury person, Dave Riddiford. Dial really wants an explanation of how/why all numbers were selected for inclusion in the Schedule and CSA, including: (1) 3rd p. D/F Threshold Amount (2) whether Credit Event Upon Merger can be tied to ratings downgrade (I explained the MAC trigger) (3) Collateral Threshold (and, by the way, Chris says that he never understood that Dial would ever have to post) (4) Min. Transfer/Rounding Not too bad. Call me if you have any questions. From the legal perspective, I have only to resolve recording and arbitration. Thanks. Sara