Subject: "Enron Federal Credit Union Stands Ready to Assist You".

Body: Enron Federal Credit Union Stands Ready to Assist You Enron Federal Credit Union would like you to know that we stand ready to assist our members affected by the recent events. We are committed to those who may need special assistance during this difficult time. The State of Enron Federal Credit Union We are dedicated to providing our members with all the services they would normally expect to receive. Business will continue to be conducted as it always has. We will continue to provide loans. In the event you have an EFCU loan or credit card, we will negotiate a workable agreement for its repayment if necessary. These arrangements will be made on an individual basis. ATM withdrawals and Debit Card transactions will carry the same daily limits. EFCU will be conducting "business as usual." EFCU is a not-for-profit financial institution (a cooperative) owned and operated by you, the member. And, although we are here exclusively to provide financial services to the employees of Enron Corp. and their family members, we remain financially independent from Enron Corp. And, your accounts at the Credit Union are insured to $100,000.00 by the National Credit Union Share Insurance Fund (NCUSIF), supervised by the National Credit Union Administration (NCUA), an agency of the U.S. Government. How To Access The Credit Union You may continue to access your funds in the Credit Union at EB 399, through our electronic services, or at any of our Texas Credit Union Service Center branches:

Subject: "ICAPWG Aug 21 MTG CANCELLED".

Body: "Robb, Kathy" <KRobb@hunton.com> writes to the NYISO_TECH_EXCHANGE Discussion List: Howard Fromer, chair of the ICAP Working Group, has asked that we cancel the ICAP Working Group meeting scheduled for next Tuesday, August 21, because it conflicts with the RTO mediation, which he and others involved in the ICAP Working Group are attending. In addition, the Tuesday, September 11 meeting is cancelled and will be rescheduled for some time in September that does not conflict with the RTO effort. If you have any questions, please contact John Charlton at the NYISO, Howard Fromer, or me. Many thanks.

Subject: "ISDA confirmation template for a power transaction".

Body: Dennis: Attached are two "templates" for power trades confirmed under an executed ISDA Master Agreement, one is for a swap and the other for an option (cap or floor). Ignore the symbols and elections which are only to feed deal terms into our confirmation system. The specific terms of each trade (dates, notional quantities, price indexes and pricing, etc.) would be inserted into the format. I hope this helps. Sara

Subject: "West Power Counterparty Update: 12/31/01".

Body:
Today's mail brought the following news: 1. Metropolitan Water District: MWD has terminated Deal Nos. 790056.01 and 807275.01, effective December 12, 2001. There are two other one-month deals, one beginning in February and one in March. I am confirming with MWD that they intend to terminate those as well, as is required under the WSPP agreement. 2. City of Vernon: City of Vernon has terminated all deals effective December 27, 2001. 3. WAPA is retaining monies due Enron for post-November 30 deliveries while WAPA "assess[es its] set-off rights under the Bankruptcy Code and other applicable law." 4. City of Luzenac has suspended deliveries until January 15, 2002. 5. City of Burbank has terminated all transactions immediately.