Q: June 29, 2001 Dear Questia Stockholder: As a follow-up to our Series C stock offering, I would like to inform you that the participation in our Series C offering has been slower than anticipated. We had originally intended to raise $15MM to $20MM dollars. To date we have raised approximately $11MM although we are expecting to hear from several Taiwanese investors about a substantial investment that will be incremental to the $11MM that has been raised to date. Additionally, we have recently retained Credit Suisse First Boston to assist us with a $25MM private placement with a strategic partner. We are optimistic that this round will close in mid to late September 2001. You may recall that the Series C documents provided for us to close the Series C round on May 31, 2001. Questia would like to extend that period to permit additional Series C investors to participate in the Series C round on the same terms and conditions as the Series C investors who participated prior to May 31, 2001.
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A: Extension of Series C Offering and Waiver of Right to Participate

Q: Dear Dr. Lay: I am writing this message to you after a few days on the ground in India. The news from India continues to be grim and I have several things that I want to discuss with you. 1. The news on the oil and gas front is not good as u probably have heard by now. There is little chance that BG will get its request for operatorship approved for various reasons that I can explain. If u like, we can do the deal on similar terms with another party and close the same very quickly. I have been contacted by a few people and could deliver the same to you if there is an interest. 2. On the Dabhol front, I would like to urge that we meet and discuss a few ideas that I have. I know that you are extremely busy at this time but maybe next week I could come to Houston and we could find some time to meet. I know that there might be a difficulty in non-Enron especially ex-Enron people working this issue when u have a full internal team already on the job... but I think that it maybe useful and apprpriate to put those concerns aside and see if a solution could be found using any and all available resources. There maybe ways that would prevent the equity from taking a big write off at this time and get everyone moving towards finding a solution. In the meantime, there is a strong effort in India along the judicial enquiry front to use it to derail the arbitration. Our friends there can help us only if we are on the ground and give them some hope that a solution is going to be found. The Indian government is not terribly motivated at this time and if Enron does not creat options, it will not result in a terribly good result for Enron either financially or from a PR perspective. Again, I know that with several issues occupying you at this time, this may not be the most burning one. However we have had limited success at a resolution so far and some other alternatives maybe worth considering. If you permit, I would love to discuss them with you. regards
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A: India Issues -Catching Up

Q: Finney, Congratulations on the new baby! Are you sure you picked up the right one at the hospital? She is too cute to have anything to do with you. Hope everybody is doing good and ya'll are getting at least a little sleep. Daren
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A: Congrats

Q: Ike, it is unfortunate we could not make this work yesterday; but I understand your position. In the interest of facilitating continuing dialogue and perhaps giving you our view on how we analyze such positions, I will send you our document. I would suggest that we try to set up a follow up meeting in early October once you have completed your work. Regards
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A:
Settlement