Subject: "SMUD Response to ISO-DOE-1 PART 1 of 2".

Body: The information transmitted by the following e-mail is intended only for the addressee and may contain confidential and/or privileged material. Any interception, review, retransmission, dissemination, or other use of, or taking of any action upon this information by persons or entities other than the intended recipient is prohibited by law and may subject them to criminal or civil liability. If you received this communication in error, please contact us immediately at (202) 785-9100, and delete the communication from any computer or network system. Although this email and any attachments are believed to be free of any virus or other defect that might negatively affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by the sender for any loss or damage arising in any way in the event that such a virus or defect exist.

Subject: "NETCO Org. Chart".

Body: This org. chart head count totals 135, with an additional 34 that should be included from Peggy Hedstrom's org. chart sent from the Canada office which totals 169 for NETCO Energy Operations. If you have any questions please contact Leslie Reeves @ X37962. Thank you,

Subject: "EcoElectrica/Corinto Valuations for Compensation Purposes".

Body: Are these numbers consistent with your expectations. We will submit to HR if no onjections. Traditionally Sutton has looked at the range and made the decision where to be inside the range. I don't know if Skilling will do the same. I have a voice mail into him to see. Rick

Subject: "Master Netting general form: ONEOK Energy Marketing and Trading Company".

Body:
Marie - ONEOK Energy Marketing and Trading Company, L.P. is interested in possibly pursuing a master netting agreement. Can you please send them the latest form of agreement for their counsel to review? The contact there is Don Dunkelberger, Credit Manager. Email: ddunkelberger@oneok.com Thanks,