Subject: "Enron GISB drafts".

Body: Dear Jeff: Thanks for your time earlier today. Attached, please find the draft GISB and special provisions for each of Enron North America Corp. and Enron Canada Corp. If you can forward the drafts for the Canadian entity to your counterpart in the Calgary office, I'd greatly appreciate it. You may coordinate with me to finalize the agreements. If you have any questions, or if I may be of further assistance, please feel free to contact me at your convenience. Kind Regards,

Subject: "Regulation M-A".

Body: Attached hereto is a memorandum outlining the requirements of Regulation M-A with respect to communications regarding the Enron/Dynegy merger. In general, Regulation M-A requires that all written communications made by Enron that could be viewed as soliciting support for the merger and are sent to stockholders must be filed with the SEC on the date of first use and must contain the legend set out in the attached memo. This memo was distributed today to the attendees at Steve Kean's daily 10:30 meeting. If you have any questions concerning the attached, please contact me at ext. 33448 or Elizabeth Sager at ext. 36349. Thanks, Anne.

Subject: "Publication Schedule for DPR During Holiday Period".

Body: Please note the following schedule for risk book reporting during the holiday period: Trade Date Enron Status NYMEX Equity Market Consolidated Risk Reporting Fri, 12/22 Open Early Close Open DPR published for 12/21 results (a) Mon, 12/25 Holiday (b) Closed Closed DPR not published Tues, 12/26 Holiday (b) Open Open DPR not published (c) Wed, 12/27 Open Open Open DPR published separately for 12/22 & 12/26 results Thurs, 12/28 Open Open Open DPR published for 12/27 results Fri, 12/29 Open Early Close Open DPR published for 12/28 results (a) Mon, 1/1 Holiday (b) Closed Closed DPR not published Tues, 1/2 Open Open Open DPR published for 12/29. Normal month end schedule applies. (d) (a) Trader P&L and Position reports will be produced for traded products at close of business (b) US, Canadian & London holiday (c) Logistics and risk personnel will be in the office on this holiday to support trading activity (d) Monthly close procedures require that changes or adjustments to risk books for month-end be submitted by 5:00 pm Houston time on the first business day following the end of the month. The DPR published on 1/2 for 12/29 results will be preliminary. The final DPR for 12/29 should be published on 1/3, assuming that all month-end adjustments have been received on 1/2.

Subject: "Enron/Stanford Project".

Body:
Hello Vince, How are you? Hope all is well. Eric tells me he had a very productive summer at Enron and was exposed to several ideas that have shaped his research agenda, both in the pricing and trading space and in the telecom one. I need to support him and a new student I am bringing aboard on this project for this quarter and the academic year, and I would like to see how we can move ahead with this year's funding for this project. I understand that EBS has had some problems, but we are willing to expand our research agenda to match the current needs and foci at EBS or other groups. Eric broughtback from Enron a couple of very interesting research problems that he/we is/are focusing on now. Please let me know how we can proceed. I'm under some pressure by the Department to move ahead with finalizing the research assistanships. I look forward to see you again at Stanford or Enron. Best Regards,