Subject: "Enron Corp. equity derivatives transactions on Enron Corp. stock".

Body: Bill: I have previously discussed this issue with Rod. I would like to revisit once again. These transactions include swaps/options/forwards on ENE stock. There is a renewed effort coming from Treasury to use these tools more frequently than in the past. I am in touch with Rex Rogers (Enron Corp. securities lawyer) as registration rights issues on ENE stock are definitely involved. Our counterparties are telling us that they prefer to look to Enron Corp. since it is Enron Corp.'s stock that is involved. At a minimun, even if ENA were the trading counterparty (with an Enron Corp. guaranty capped at an appropriate level), Enron Corp. would probably have to sign each confirmation as ISSUER OF THE STOCK (and ENA cannot make those agreements on behalf of Enron Corp.). I would like to discuss ASAP as we are in the midst of negotiations with CSFB International, UBS AG, Morgan Stanley Capital Services, Inc. and Lehman Brothers Finance S.A.

Subject: "Organizational Announcement".

Body: As a follow-up to the Enron Net Works All Employee meeting on October 5, we are pleased to announce a number of organizational changes. Beth Perlman, currently CIO for EA Systems, will work closely with Mark Pickering on a number of key projects for Enron Net Works. Additionally, Beth plans to explore various commercial opportunities within Enron. Replacing Beth in her current role will be Steve Hotte, currently CIO for EGS. Anthony Dayao will continue as CIO for EES Systems. In addition to his current responsibilities, Anthony will assume responsibility for creating a combined Wholesale/Retail Power Trading and Risk Management system. Jeff Johnson will move into the new role of CIO for EGM/EIM Systems. John Paskin will transfer to the Houston office from London to take up the new role of CIO for Corporate Systems. His group will include the ISC, Enterprise Portal, Intranet Solutions, CRM strategy, Treasury Systems, Development Support and will matrix into HR IT Systems. Continuing in their current positions are Inja Chun, CIO for EBS Systems; Paul Freeman, CIO for Enron Europe; Jay Webb, CIO for eCommerce, which now includes Commodity Logic Systems; and Jenny Rub, CIO for Infrastructure. All of the above positions report into to Mark Pickering in the Office of the Chairman for Enron Net Works. Transitions into their new positions will begin within the next two weeks and should be complete by the end of the year. We are currently interviewing individuals to serve as CIO for EGS, as well as an individual to serve as head of our Enterprise Framework group. We will keep you posted on the progress of these searches. Please join us in congratulating all of these individuals on their new responsibilities.

Subject: "AGA report 1/30".

Body: The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete. Nothing contained herein should be considered as an offer to sell or a solicitation of an offer to buy any financial instruments discussed herein. Any opinions expressed herein are solely those of the author. As such, they may differ in material respects from those of, or expressed or published by on behalf of Carr Futures or its officers, directors, employees or affiliates. ? 2001 Carr Futures The charts are now available on the web by clicking on the hot link(s) contained in this email. If for any reason you are unable to receive the charts via the web, please contact me via email and I will email the charts to you as attachments. (See attached file: AGAMAIL.pdf) - AGAMAIL.pdf

Subject: "Transwestern Advice Comments -- SoCalGas Advice 2837-A".

Body:
Attached for your information is a copy of the comments of Transwestern Pipeline Company on Southern California Gas Company's November 1, 2001 Advice Letter 2837-A. I hope that you and all your families have a very Happy Thanksgiving! Dan