Subject: "European Weather".

Body: John, Here is a brief email on a possible resolution for the European/Oslo weather situation. Mark sent this draft to me last weekend but i haven't had time to review it this week. Personally, I think that this is the wrong answer from a Corporate perspective but this issue keeps hanging around and isn't worth any more of our time. For what it is worth, I think our communication strategy did make a big difference but didn't get us exactly where we needed to be. These groups will be expected (and held accountable) for good and consistent communication on an ongoing basis as well. For a P&L that is this small (and negative) we are all spending too much time on this. There is more to this story but I think we should just drop it and move on to bigger and better things. I am certainly not wedded to any of this but would rather focus on all the other issues and problems on my plate. Let's discuss upon your return on our weekly call. Thanks and I hope your vacation was relaxing. Mike ps-this hasn't been shared outside the group on the email.

Subject: "All Employee Meeting at Jillian's - SAVE THE DATE!".

Body: Please mark your calendars for the first annual ENW All-Employee Meeting at Jillian's on Thursday, July 19th. Jillian's is located on I-10 West, just outside the 610 Loop. This gathering is intended for all ENW Houston-based, full-time and part-time employees. The festivities will begin at 3:00 p.m. and we are considering providing shuttle transportation from and to the Enron Building for those of you needing transportation. We look forward to seeing you there and sharing great food, drink, and fabulous entertainment! We will provide additional details when they are finalized. Philippe and Greg

Subject: "New Power Bookouts on CGLF and CGAS".

Body: CGLF I created deal 530445 (purchase from New Power at CGLF + $.06) to bookout with deal 380571. CGAS I created deal 503451 (sale to New Power at CGLF + $.06 + Variable from CGLF M/L to Leach). Volume = 1,278 Deal 380492 is a sale to New Power, price = NX1 + .28, Volume = 2,683 day Please bookout the 2 sale deals with deal 503453 (purchase from New Power at CGAS IF + $.0125). Volume = 3,961 day. Let me know if you have any questions. Chris

Subject: "Enron/Midwest Energy Hub".

Body:
Hi Cle, We need a revolving loan agreement between Midwest (now enovate) and Enron. Please call me at your convenience to discuss (713 345 7566). Thanks,