Q: Rhett: The above is a Canadian counterparty that we are negotiating an ISDA with. They had some problems with the tax language that we had in our ISDA schedule (which I have enclosed). Can I give them your name and number as a contact? Their tax person's name is Sheri Dunn. Carol
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A: Weyerhaeuser Company Limited
IN: NorskeCanada announced today plans for additional curtailment for the first quarter of 2002 at its B.C. paper operations, as weak economic conditions have reduced demand for the company's products. Norske is planning to shutdown 2 paper machines until market conditions improve. No. 3 paper machine at Port Alberni and No. 1 paper machine at Elk Falls are currently scheduled for shutdown in the 1Q02. A third paper machine, No. 1 at Crofton, is also planned for shutdown during the month of January. This translates into about 34,000 MT for 1Q02 at Elk Falls (since Port Alberni produces mostly directory) and about 12,000 MT at the Crofton mill for January. Given the uncertain economic climate, the company will review curtailment plans monthly so it can be quick to respond to any upturn in market conditions. Please find the Downtime database for 2002 attached below. Ayesha

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OUT: Norske Downtime for 1Q02
IN: This is an email
Attached is a form agreement for the Oakhill Transaction. Please note the italicized sections of the CSA. I am not sure what the terms quoted to Oakhill have been with respect to interruptions in service and adjustments to energy pricing. We may want to leave these sections blanks for now. Please review and let me know if you have any questions.

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OUT: Oakhill Forms
QUESTION: Geoff - Attached for your approval are four confirmations for the Ring Trades done among Enron, Reliant, and Bank of Montreal: You will note that an Exhibit A is attached to each confirm - but can you tell me from whom at both counterparties I can obtain the Exhibit B (transaction b/t Reliant and BOM) in order to attach that as well. Please review and advise. Thanks,
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ANS: BOM/Reliant Ring Trades
The third quarter PCB meeting with Southern California Gas Company was held this morning. SoCal presented a third quarter invoce of their PCB management and disposal activities for which Transwestern is responsible for $120,602.19. All charges were appropriate and considered normal operating expenses for PCB activities in California. The public hearing was held in Williams, AZ for the Kingman and Flagstaff air permits under the Redrok Expansion. There were no comments or concerns brought up at the meeting as no individuals came to the meeting. An email was received from the ADEQ presenting the minor additions which will be added to each permit. Each comment and addition will not impact or change the draft permits which were received earlier this month. The permits for Klagetoh and Luepp were received from the EPA last week. The permits from the ADEQ for the Kingman and Flagstaff C/S will be issued the later part of this week. Attended the incident investigation and technical writing workshop in Omaha. Assisted the Mountainair team with the semiannual Title V compliance monitoring report for C/S No.7. A meeting was held in Phoenix, Az with PG&E to review charges and invoices by PG&E for PCB management and disposal activities on their system for the last several months. Also discussed was recent liquids sampling results and proposed PCB activities on the PG&E system for 2002.
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answer: Weekly Environemtnal Activity Report
The next session to discuss papers on models for setting the bid-ask spread will be Friday, June 15 2:00-3:00PM in 19C2 If you want copies of the papers Jinbaek will present ahead of time, let me know and I will provide a copy. A summary of yesterday's session is attached. Bob Lee
Q: What is a potential subject line for this email?
answer:
Market Maker Discussion