IN: Sheila: I received a requst from you. Please advise if: (1) You sent explanation to Ted Murphy stating purpose for account. (2) Agreement reflect DB Alex Brown LLC to clear trades with prime broker of our choice (3) Why is this a Deutsche Bank agreement? Who is "Frost Securities, Inc."? (4) Do we contact "Janet" at 214/515-4495 with markup?

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OUT: Frost Securities Inc. account with ECT Investments, Inc.

IN: Just wanted to check in on you. We should get together soon. I will try and swing by some time after work this week- are you still working late? I have some leads on camping if you still think that is a good idea. Debbie sent me the following information. There are websites for them also, but I have not checked. I don't know much about Cleveland, Texas although the fact that is close must mean it can't be that pretty (close is likely better, however, given that we will only have the weekend). The last time we went camping we stayed at Chain O'Lakes in Cleveland. They have all different kinds of cabins (very fancy to very rustic), horses, hayrides and only an hour away. The number is 281-592-2150. We also stay at Neal's Lodges in Concan which is about 4 hours away. The cabins are not as fancy -- horses, hayrides, pool, cheap. The

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OUT: Camping/Stuff

IN: All, We will be offering monitors for sale again in the Portland Office. We have a variety of monitors for you to choose from. Older 17' units - $10 Newer Compaq 17' units - $20 Older 21' units - $25 Newer Compaq 19' units - $35 Please respond to this email with the type of monitor you would like to purchase. Will have a lottery type drawing on Friday Morning. By Friday afternoon, you will be notified that you can come by and pick out your monitor. We need to have all monitors picked up and removed my Friday the 2nd. After that, all remaining monitors will be donated to charity. Regards,

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OUT: Monitor Sale

IN: Market Participants The attached notice describes changes going into effect at 23:59 tonight regarding discontinuance of non-public information flow to CDWR and also a new procedure for payment of Intertie bids. Please pass this message immediately to all departments that could be involved in real-time bids and dispatches in the California markets. Client Relations Communications CRCommunications@caiso.com

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OUT:
ISO Market Notice: Changes Effective Tonight, December 12, 2001