Subject: "Letter to John Pope".

Body: Attached is a new draft of the letter to John Pope with all comments received. Dick Ingersoll will send this out to TVA tomorrow. If you have any other additions, please get them to me today.

Subject: "Holly Sugar?".

Body: We need to talk about the contract language for Holly Sugar. Please see Kim Ward about some of the language we have used for full-req customers on PG&E. Thanks,

Subject: "Belden's prices".

Body: Here are the very indicative prices Tim gave us for 5 year deals at SP15. They'll likely change by the time we meet with Sempra on Thursday. 25 MW, on peak (6X16): $53/MWh 25 MW, base load (7X24): $45/MWh 500 MW, on peak (6X16): $55/MWh 500 MW, base load (7X24): $47/MWh

Subject: "Expense Reports Awaiting Your Approval".

Body:
The following reports have been waiting for your approval for more than 4 days. Please review. Owner: Mark E Koenig Report Name: Mark Koenig Days In Mgr. Queue: 4