Subject: "EWEB MAC".

Body: ED: EWEB has requested a blackline of the ISDA and is ready to sign next week. Your MAC references the "Electric System" which is defined in the Bond Indenture which I sent to you earlier today. It looks to me like the Electric System includes physical and intangible assets acquired by the Board as a separate utility system, including generating and transmission facilities and the Trojan Project (not sure what this is). I've asked Stephanie to revise our docs to incorporate these definitions. Please review the CSA when Stephanie sends it to you (and comment) and I can send first thing on Tuesday. Thanks. Sara Stephanie: Please send Ed a copy of the blacklined CSA when you are done.

Subject: "Auction Procedures".

Body: Unless you object, we have decided to structure the auction site with the "auction procedures" set out on the bid page, immediately above the "submit" button. As soon as the bid is submitted, the system will check to see if the counterparty has already accepted the GTC's or has a master in place. Here is S&C's first draft of the procedures for an auction without a reserve price, with no commitment to sell (or buy) and no disclosure of bids to other parties. It is my impression that this is the way the EnBank auctions will be conducted. Is that correct? Any suggestions/comments? Mark

Subject: "UPDATE, PLEASE READ: UBSWE Migration".

Body: Thank you for attending, or sending a proxy too, the UBSWE migration meeting this morning. Wanted to update you with some "late breaking news". Legal will not have their compliance policy completed by close of business today, therefore we cannot publish all of the information that we covered in the meeting ... therefore we aren't going to migrate anyone on Sunday night as I had previously stated. So we have a little reprieve .... There is a possibility that we will migrate everyone Monday night ... I will communicate as soon as I hear a definite answer. We will continue to work through the issues/points you raised today (thank you, by the way).

Subject: "New Job and New Address".

Body:
Hello! Just wanted to update you on a couple major changes in my life..... You (hopefully!) know by now that Brendan and I got engaged last month, about which I'm thrilled. The other big news in my life is that I willl be leaving QUALCOMM on November 2nd to work for the US State Department. This means (another!) cross-country move from San Diego to Washington, D.C. Please take note of my new mailing address and email below, and PLEASE keep in touch! I'll especially need to hear from you going through this transition- I'm sad to be leaving QUALCOMM and San Diego, but am looking forward to this next big adventure. Love,