Subject: "Derivatives Counsel".

Body: Robin: We use two firms for U.S. derivatives advice - both in New York and both highly recommended: David Mitchell of Cadwalader, Wickersham & Taft (212)504-6285 Ken Raisler of Sullivan & Cromwell (212)558-4675 David we use for contract issues - what should our forms look like under various conditions, etc. and Ken, who is a former General Counsel of the CFTC, we use for policy questions, political (lobbying) and e-commerce issues. Please feel free to use my name when contacting either of them. If neither of these is exactly what you are looking for, let me know and I can put you in touch with others. Mark

Subject: "Trip to Calgary Office - May 10-12".

Body: I will be in the Calgary office from Wednesday afternoon, May 10 through noon on Friday, May 12. I can most easily be reached through Peggy Hedstrom, whose phone via tie line is 820-6753. My assistant, Patti Thompson, has a copy of my itinerary and phone and fax numbers at my hotel, if needed. Primary operations contacts in Houston while I am in Calgary are as follows: DPR Mike Moscoso x35242 MPR David Maxwell x36983 Gas Operations Susan Harrison x33960 Power Operations Leslie Reeves x37962 Financial Products Sheila Glover x33210

Subject: "E-Signature Protocol".

Body: Bob: This is something we are working on at Enron. Is this something ISDA has interest in taking a lead on? I think ISDA could add value by developing a standard approach to e-signatures. Mark

Subject: "Transmission deals - APS, not Pinnacle".

Body:
Pinnacle West is still working on moving all its operations from Arizona Public Service Co. to Pinnacle. In the meantime, all TRANSMISSION deals should still be made using the counterparty name "Arizona Public Service Company." All other deals are made with "Pinnacle" itself. This should change sometime in the next month, according to the confirmation group in Houston. Let me know if you have any questions. Kate