Subject: "Super Saturdays CANCELLED".

Body: Due to the current state of affairs we are canceling all of the Associate / Analyst recruiting. Thank you for being such great team players! We really appreciate your effort. Please let me know if you have any questions. Thank you!

Subject: "Database Tracking of Activities".

Body: The Government Affairs group is involved in diverse and complex activities. Tracking and quantifying these activities is important for several obvious reasons - to keep upper management apprised of our activities; to illustrate the value added and risk managed by our group; and to keep each other properly informed so that we can better coordinate our efforts. Currently, these activities take place on an ad-hoc manual basis, which is time-consuming and inefficient. We have a tool already in place to track our activities - the Project Tracking database in Lotus Notes. Currently this application is used primarily for RCR's, but beginning November 1, 2001, the Government Affairs group will use this application to track all projects and efforts - replacing the need for manual updated spreadsheets and activity quantification "fire-drills". The Projects have several features to allow capture of sub-sets of information, including Updates, Risk, Origination and Valuation. ** Please note that this will become the only way that we'll gather this information. In other words, if you don't enter your data into Project Tracking, we won't know what you're doing! **( all other reports will be eliminated) The current Lotus Notes application will be discontinued as of October 31,2001 and will be converted to a web-based product. You'll find the web-based version as easy or even easier to use than Lotus Notes. Additionally, conversion to a new database structure will allow for more versatile report extraction. Before the conversion of the project data from Lotus Notes to Oracle, we need to do some data cleanup. Please expect a call in the next two weeks from Elizabeth Linnell, Bryan Gottfredson, or Darran Binns to schedule some time with you in person or on the phone regarding your current project list, additional projects to add, and a brief overview of the new system. Please feel free to call me if you have any questions and/or concerns.

Subject: "RFP".

Body: I talked to Greg Penman in Chicago and he was looking for some infomation on LM 6000's, but I need to leave for the airport. His number is 312.357.8872. If you could go through this RFP or call him to see what other info he needs that I haven't given him already. Thanks Ben

Subject: "TVA".

Body:
Ben Jacoby told me that the state of Tenn. (through an Energy Policy Committee) has implemented a moratorium on the state reviewing air permits and siting on new IPPs. Apparently TVA is exempt from the moratorium. He heard that TVA has been telling the govenor's office that all the new IPPs coming on line in Tenn. are putting TVA's transmission resource at jeopardy. If this is being said, it is incorrect because, per TVA's "procedures", TVA conducts an interconnection study before connection, so TVA actually approves the interconnection, plus TVA would not let the IPP purchase transmission (or would cut its transmission). Enron's proposed plant in Tenn. already has the air permit, so Ben is not as concerned about Enron's plants. However, this type of behavior could show that TVA may be simply keeping IPPs off its system (even though presumably they would pay it revenue -- same problems that we continue to have with VIUs). Could this be helpful in messaging somehow to DOE, etc. that TVA should be in an RTO?