This is the content of an email: The following reports have been waiting for your approval for more than 4 days. Please review. Owner: Luiz T Maurer Report Name: LM 100301 Days In Mgr. Queue: 7

Subject: Expense Reports Awaiting Your Approval

This is the content of an email: Brent: In connection with the "research memoranda" which I gave to you, the specific issue about whether ENA can hold cash collateral posted by a Canadian party has arisen in connection with a company named J.D. Irving, Limited. ENA legal has spoken with Peter Keohane, two Canadian law firms and one US law firm, and previously concluded that it was easier to simply not accept cash. Please see what you can do! Thanks. Sara

Subject: Cash collateral and Canadian law

This is the content of an email: Dear PIRA Client, PIRA has created a new presentation on the world economy. You can access this presentation via PIRA Online (www.pira.com) by logging in and, from the Client Home page, choosing "World Economy" from the "Macro Data"* drop-down menu at the top of the screen. We have also updated the existing slideshow accessible from the "US Economy" link. The presentation consists of a table and charts that encapsulate GDP and IP performance, by country/region, for 2000-2002. It is a useful comparative recap for the existing slideshows on the U.S., European, and Japanese economies. Given the overall importance of economic trends and their impact on regional and global energy markets, PIRA maintains databases of key economic indicators to support our analyses of energy fundamentals and the associated market forecasts. These presentations ? which are updated as new data become available ? are being made available complimentarily to all PIRA Online users. If you need a user name and password for PIRA Online, or if you need help logging in, please contact Dyana Rothman at (212) 686-6808, email: support@pira.com. (*If you are having trouble finding the "Macro Data" link, go to the FAQ page on PIRA Online and click on question number 4.) Gary N. Ross Chief Executive Officer PIRA Energy Group

Subject: PIRA Presentations on the US and World Economy

This is the content of an email: Is anybody up for going to Two Rows tonight? I promise I won't get AS drunk tonight. We'll be there around 8:00. Be there or be SQUARE!. Eric
Subject: Saturday night follow up