This is the content of an email: Seminars/Forums, etc. Sub Group I met with Denise on December 16th and here is a recap of the discussion relative to our sub group for your information. Seminars

Subject: Denise Palmer Huggins Interview

This is the content of an email: If you have not logged onto the PEP system to designate reviewers, or approve reviewers for those in your organization, please do so today. The deadline for completing performance evaluation information is November 17. The performance review process is critical to year-end evaluations and bonus, promotion and compensation decisions. This year, as in previous review periods, the system enables "360 degree" feedback throughout the organization. Please take some time today to get the process started.

Subject: PEP Reminder

This is the content of an email: ADesell@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: As directed by FERC in its September 4, 2001 Order in docket ER01-2536-000, the NYISO has completed the calculation of the revenue neutral translation into Unforced Capacity terms of the In-City $105 cap applicable to Generators subject to market power mitigation measures. In the September 4, 2001 Order, the Commission decided that the "translated in-city price cap is to be fixed at an amount determined on the day of the first in-city capacity auction under UCAP methodology" using data from the most recent 12-month period. On the basis of Operating Data received by the NYISO, the Capacity-weighted EFORd for all Generators subject to market power mitigation measures for the 2001-2002 Winter Capability Period Auction is 7.04%. Thus, the In-City cap under the UCAP market design, including the Capability Period Auction scheduled for October 1, 2001, is $112.95.

Subject: UCAP Translated In-City Cap Applicable to Mitigated Generators: $112.95

This is the content of an email: Attached is a revised Credit Watch listing for the week of 5/14/01. If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report. To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002. For other questions, please contact Jason R. Williams at x5-3923, Russell Diamond at x5-7095, or Veronica Espinoza at x6-6002.
Subject: Credit Watch List--Week of 5/14/01