Subject: "Golfing with Jesus".

Body: Moses, Jesus and an old man are golfing. Moses steps up to the tee and hits the ball. It goes sailing over the fairway and lands in a water trap. Moses walks down, parts the water and chips the ball onto the green. Jesus steps up to the tee and hits the ball. It goes sailing over the fairway and lands in the water trap. Jesus just walks on the water and chips the ball onto the green. The old man steps up to the tee and hits the ball. It goes sailing over the fairway and heads for the water trap. But just before it falls into the water, a fish jumps up and grabs the ball in its mouth. As the fish is falling back down into the water, an eagle swoops down and grabs the fish in its claws. The eagle flies over the green, where a lightning bolt shoots from the sky and barely misses it. Startled, the eagle drops the fish. When the fish hits the ground, the ball pops out of its mouth and rolls into the hole for a hole-in-one. Jesus turns to the old man and says, "Dad, if you don't stop fooling around, we won't bring you next time."

Subject: "Status of the Florida Power & Light Company ("FO&L") agreement".

Body: Hi, Serge. I am just checking to see when Enron North America Corp. ("ENA") will receive your comments to the ISDA Master Agreement for FP&L. Paul Karns mentioned that you would be devoting some time for review of the agreement. Please let me know if I can be of any assistance. You can reach me via email or phone (713) 853-5620 if you have any questions. I will be negotiating the agreement on behalf of ENA.

Subject: "ETS & Industry Mentions".

Body: Wyoming.Fort Union Gas Gathering. 09/24/2001 Natural Gas Week EOTT'S RECAPITALIZATION WILL INCLUDE CONVERSION OF UNITS, NEW FINANCING 09/24/2001 Petroleum Finance Week Stock Rating Reiterations Closing Update 09/24/2001 Dow Jones News Service APGA Urges EIA to Gather Gas Data to Dampen Price Volatility NGI's Daily Gas Price Index published : September 25, 2001 COMPANIES & FINANCE INTERNATIONAL - Appetite for North American energy assets remains strong By SHEILA MCNULTY and KEN WARN. 09/25/2001 Financial Times CALIFORNIA PREMIUM GASOLINE DROPS TO 91 OCTANE RATING 09/24/2001 Octane Week Williams Invests Big in Deepwater. 09/24/2001 Natural Gas Week

Subject: "IT Merger Strategy".

Body:
Hi Greg, Today I'll be kicking off our merger strategy from an IT perspective. The goal of this will be to position Enrons IT group as the obvious choice to take the merged company forward. This is in everyones best interest, even if they don't know it yet. This will be focussed purely at IT, but alligns with the overall goals of ENW. You and Greg Whalley have my commitment to making this work and hence making the future merged company a success. What I need from you and Greg and David is help in quickly coming up with a retention policy to ensure our best people don't walk. Regards