QUESTION: Effective October 15, 2000, the retention period on tape recordings of trades done by telephone will be reduced from four months to one month. The tapes regarding significant transactions may be retained for such longer period as approved in writing by both the Head Trader and the General Counsel. Please propose those significant transactions on which you may wish to retain the tapes, prior to October 15, 2000, since the tapes on conversations older than one month (except with respect to litigation matters) will be destroyed on that date. If you have any questions, please contact Mark Haedicke or Richard Sanders. John Lavorato and Mark Haedicke
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ANS: Retention Policy on Trading Tapes

QUESTION: Edmund - I have reviewed the long descriptions I was given for the credit derivatives (I can't tell if they are current) and have substantial comments - I have attached what I have come up with (sorry it's in 2 pieces). Basically I don't think we should be restating something in the Long Description that is already covered (sometimes with different language) in the GTC - this only creates an ambiguity and is not necessary to form a complete contract. My other concern - and I have not been able to draft language to fix it - is that I can't find any definition of the Seller Payment amount and I don't think the Buyer Payment language works - can you give me a call so we can discuss my concerns?
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ANS: EOL Credit Derivatives - Long Descriptions

QUESTION: Ken, Could you please verify the legal name for the Enron entity that will be the counterparty in the temp. interconnect agreement. Is it Enron Clean Fuels Company? Gerald
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ANS:
MTBE Interconnect