This is the content of an email: Dave and Grant: I understand from lisa Lees that there is now a push to get Crestar signed up. You may recall that they had alot of commnets to the ETA which I sent to you both with my thoughts on certian of the comments. What is the next step with them? Dave, do you have any thoughts on their comments? Carol

Subject: Crestar

This is the content of an email: Paul: Just a few questions for you on the revised EEI master that we received from Engage today: 1. I just want to confirm that the collateral thresholds should be 9 million. 2. They want to have Section 8.1(b) and 8.2(b) apply which requires a party to post collateral if the other party believes that its creditworthiness is unsatisfactory. 2. In our Schedule, we delete the 3 day cure period for an event of default that occurs as a result of a Guarantor's non-payment. They want the cure period. do you care? 3. In Section 5.7, each party can suspend performance if a Potential Event of Default or an Event of Default occurs. They want to delete Potential Event of Default. 4. They want to extend the right to dispute invoices and to request adjustments to statements or payments from 12 months to 18 months. 5. They want to change the consent to assignments standard from being able to withhold consent in one's sole discretion to being able to withhold consent only when it is reasonable to do so. I look forward to hearing from you.

Subject: Engage

This is the content of an email: How well do you know our Code of Ethics? "It is a condition of employment that each employee accept the responsibility of complying with the foregoing policies. The Company will require each employee of the Company to complete and submit a statement in a form designated by the Company pertaining to such employee's compliance with the policies set forth in this booklet. The Company reserves the right to request any employee to complete and submit such statement at any time or as frequently as the Company may deem advisable." (Enron Code of Ethics, July 2000, page 62) What does that mean? In layman's terms, everyone employed by Enron agrees to all the policies and standards listed in the current Code of Ethics (July 2000). Who does it apply to? The Code of Ethics applies to all employees, third party contractors, guests and licensees of Enron. Additionally, employees are responsible for their family members and/or personal household who use, own, or have access to Enron's communication services and equipment -- including telephones, fax machines, computers, computer modems, long distance telephone services, cell phones, voice mail, pagers, e-mail, mail and delivery services.

Subject: Code of Ethics -- What Exactly Did I Agree To?

This is the content of an email: Dipak, As you requested, here are the West Desk's forecasts for California Reciepts minus instate production by month. They are broken down into delivery points onto Socal and PGE's system. Please let me know if you have any questions. Thanks.
Subject: California Reciepts