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: Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,

Subject: Hourly Palo Definition resent

This is the content of an email: You may recall that Lilly entered into a joint venture with Chugai in 1999 to gain assistance with developing a number of Lilly compounds in Japan and as an opportunity to work closely with Chugai as a prelude to acquiring a significant interest in the company. As we discussed in June, it became clear that Lilly would not acquire such interest in Chugai and we no longer need Chugai's help with clinical development. Therefore, we decided to terminate the joint venture. Attached to this message is a copy of the press release Chugai will issue tomorrow morning regarding the dissolution of the joint venture and a related amendment to the 1995 agreement under which Chugai will co-market raloxifene. Please do not hesitate to call me if you have any questions in this regard. Alecia A. DeCoudreaux - CLCR Release Eng final version.doc

Subject: Chugai

This is the content of an email: As a result of a number of UBS offer declines, the East Power book organization has several changes in comparison to the book list which was originally set up in GCP and other systems. I am attaching a spreadsheet which details such changes for both the power books and gas books traded by our power traders. Please do not hesitate to call me with ANY questions!! Thanks!
Subject: Revised East Power UBS Book Listing