Spreadsheet: rick_buy__32891__CounterParty Trading status 2001_11_21 pm
Sheet: Counterparty Trading Statuses

Priority | Counterparty | Entity Exp (M USD) | Trading Status | Last | Owner | Priority | UK Power | Cont. Power | UK Gas | Cont Gas | Other | Group Relation | Group Exp (M USD) | Group rating | Other Business | Other Status | CP proposed Collateral Ag'ment ? | Executed Collateral  Ag'ment ? | Existing Collateral T/hold | Existing Agreement | Proposed Europe Contractual Arrangement | Credit Contact | Profile Date |  | Last | Entity GCP ID | Parent GCP ID
2 | TXU Europe Energy Trading Ltd. |  | Open |  | Lewis | C | P |  | G |  |  | TXU |  | BBB+ |  |  | N | N | None |  | TXU examining our proposed Netting Agreement, without cross-default - showing resistance. | [NAME] [PHONE] |  |  |  | 56045 | 333
2 | PowerGen UK Plc |  | Closed |  | Hastings | C | P |  |  |  |  | PowerGen |  | BBB+ |  |  | Y | N | £35m | GTMA | No firm stance; would resume trading with up front collateral (no amount specified). | Madeline Innsley [PHONE] | 2001-11-05 00:00:00 |  |  | 64631 | 51055
2 | Accord Energy Ltd. |  | Open Gas Only |  | Hastings | C | P |  | G |  |  | Centrica |  | A |  |  | Y | Y | £30m |  | margining rights above £40m.  Interested in a Ring Trade with TXU - discussions underway;  Signed Netting Agreement only 19/11/01 - Despite an active market (bothways) Accord has failed to trade with Enron |  | 2001-11-07 00:00:00 |  |  | 51064 | 61173
3 | Scottish Power UK plc |  | Closed |  | Bayley | C | P |  |  |  |  | Scottish Power |  | A | US | Open | Y | N |  | GTMA | Bayley sent Credit proposal to commercial; Argued to provide Parent Company Guarentee without conditions. | [NAME][PHONE] | 2001-11-06 00:00:00 |  |  | 70744 | 81712
4 | Agip (UK) Ltd |  | One Trade |  | [NAME] | C |  |  | G |  |  | ENI |  | AA |  |  |  |  |  |  | Want netting on NBP to J-Block; Claiming non-specific Material-Adverse-Change in NBP97; Signed gas netting agreement -resolved probable MAC litigation. |  |  |  | ê | 64406 | 50902
5 | Innogy PLC |  | Buying Prompt Only |  | Hastings | C | P |  |  |  |  | Innogy |  | BBB+ |  |  | Y | N | @ Exposure | GTMA/EFET | Proposed cross-entity netting | [NAME] |  |  |  | 76488 | 92809
5 | Entergy-Koch Trading Limited |  | Prompt Only |  | Hastings | C | P | p | G |  |  | Entergy-Koch L.P. |  | A | US | Open | Y | Y | GBP 5 m | GTMA | EKT Ltd - ECTRL master netting with thresholds, collateral disputes, master netting needs amendment to include dispute mechanism & collateral return provisions Aggregate exposure under Master Agreement recalculated (we owe them £1.5MM) COB 5 Nov, - call for margin based upon this figure.  Will move collateral (if necessary) based on what parties agree in 3 business days. Proposing notional ring-trade with UKPX to reduce forward DUP Collateral required STG 12 million | [NAME] Rogers/ Troy Martin | 2001-11-05 00:00:00 |  |  | 63933 | 91212
5 | Hamburgische Electricitats-Werke AG |  | Closed |  | Baumerich | C |  | p |  |  |  | Hamburgische Electricitats-Werke AG |  | A- |  |  | Y | Close |  |  | Simple netting agreement ECTRL-Nordic Powerhouse ([NAME]); Have sent EFET2. |  | 2001-10-30 00:00:00 |  |  | 61392 | 61392
6 | British Energy Power & Trading Ltd |  | Open |  | Hastings | C | P |  |  |  |  | British Energy plc |  | BBB+ |  |  |  |  | None | GTMA | Increase in Enron Corp PCG (to £35m). [NAME]. | [NAME] [PHONE] | 2001-11-06 00:00:00 |  |  | 86162 | 51040
 | E.ON Trading GmbH |  | Closed |  | Baumerich | H |  | p |  |  |  | E.On |  | AA | All | Closed | Y | - | None | EFET | No collateral agreement required at this time | [NAME] | 2001-10-30 00:00:00 |  |  | 81485 | 82843
 | EDF Trading Limited |  | Intermittent |  | Shaw | H | P | p | G |  |  | EDF |  | AA+ |  |  | Y | Y | EUR15m excludes DUP |  | Master netting agreement signed with collateral thresholds EUR 15 m each; EDF to sign-off to authorise us to pay monies owed to EDF to EDFT;  Cross-affiliate Netting Agreement pending EDFT | [NAME] |  |  |  | 70854 | 51063
 | AES Drax Power Ltd |  | Closed |  | Hastings | H | P |  |  |  |  | AES Corp |  | BB |  |  | Y | N | Enron = £50m, AES Drax = £10m. | GTMA | AES proposes thresholds Enron = £50m, AES Drax = £10m. DRAX will not trade with exposure >£10m. | [NAME] |  |  |  | 75913 | 46759
 | BG International Ltd |  | Closed |  | Crilly | H |  |  | G |  |  | BG International Ltd |  |  |  |  |  |  |  |  | Enron has proposed netting agreement of J Block positions against short-term trading for commitment to resume trading |  |  |  |  | 70928 | 70928
 | Electrabel SA / Distrigas |  | Open |  | Shaw | H |  | p |  |  |  | [NAME] |  | No Rating |  |  | Y | Y | EUR 17 m | EFET | EFET executed with EUR 12 m threshold for Enron and EUR 27 m for [NAME]; Signed Gas Netting Agreement. | [NAME] | 2001-10-30 00:00:00 |  |  | 54894 | 54894
 | NUON Energie und [NAME] |  | Closed |  | Hellerman | H |  |  |  |  |  | NUON Energie und [NAME] |  |  |  |  |  |  | p |  | Sent Cross-Affiliate Netting Agreement - pending [NAME] |  | 2001-11-14 00:00:00 |  |  | 93177 | 93177
 | RWE Trading GmbH |  | Small |  | Baumerich | H |  | p |  |  |  | RWE AG |  | AA- |  |  | Y | CACs-ing |  | ISDA | EUR 20m line to be allocated across all products under master netting agreement; Contract finalised pending Enron signature; Only take L/C's. | [NAME] | 2001-10-30 00:00:00 |  |  | 85551 | 54879
 | Transco PLC |  | Open |  | Crilly | H |  |  | G |  |  | Lattice |  | A |  |  |  |  |  |  |  | [see OH] |  |  |  | 71645 | 97337
 | Morgan Stanley Capital Group Inc. |  | Open |  | Crilly | H | P |  | G |  |  | Morgan Stanley |  | AA- |  |  | Y | Y | $5m | GTMA, no gas master, ECTRIC ISDA | several contractual elements:   (i) $5m line for Europe allocated across all commodities (currently £5m in ISDA),   (ii) formalized netting by execution of gas master,   (iii) MAC trigger below BBB,   (iv) Cross-default at $50m.  Signed NBP Gas Master (UK Gas), amendment to GTMA to cover options 7 a Credit Support Annex (US$5 million collateral threshold) executed. | [NAME] | 2001-11-05 00:00:00 |  |  | 9409 | 61475
 | J. Aron & Company |  | Open |  | Crilly | H | P |  | G |  |  | Goldman Sachs |  | A+ |  |  | Y | Ready | None | GTC& GTMA w/o thresholds | Executed Master Netting agreements, $10m bilatera lines in each. | Marios Broustas [PHONE] | 2001-11-05 00:00:00 |  |  | 120 | 68351
 | Mirant Europe BV |  | Open |  | Baumerich | H |  | p |  |  |  | Mirant Corp |  | BBB- |  |  | Y | N |  | EFET&ISDA | ISDA [NAME] signed, CSA being negotiated with EUR 10 m threshold, after that ECTRIC-ECTRL-Mirant netting | [NAME] | 05/11/2001 &14/11/01 |  |  | 70858 | 72991
 | Dynegy UK Ltd |  | Unclear |  | Hastings | H | P |  |  |  |  | Dynegy |  | BBB+ |  |  |  |  | None |  | Vague Talk | no contact yet |  |  |  | 61135 | 64593
1 | BP Gas Marketing Limited |  | Closed |  | [NAME] | I | P | p | G |  |  | BP-Amoco |  | AA+ |  |  | Y | N | None |  | Master netting agreement executed; Now requesting collateral annex. Effective netting across US & UK exposures proposed; Disagreement on where to offset in U.S. BP will Buy on prompt (but not [NAME]) - using this strategy to close out their position. | [NAME] [PHONE]     [NAME] [PHONE] | 2001-11-07 00:00:00 |  |  | 51073 | 67273
4 | Statoil UK Ltd |  | Prompt Only |  | Crilly | I |  |  | G |  |  | Statoil |  | A |  |  | Y | Close |  | Simple Agreement | Netting Agreement & Parent Guarantee exchange executed | [NAME] |  |  |  | 51101 | 50628
5 | AEP Energy Services Limited |  | Closed |  | Hastings | I | P |  | G |  |  | AEP |  | A- | U.S. | Closed |  |  |  | GTMA | Executed Master Netting agreements, $10m bilatera lines in each.  Expect to resume trading with $1.5b equity funding; Dispute in U.S. | [NAME]    [PHONE] |  |  |  | 72163 | 11574
7 | Elektrizitats-Gesellschaft Laufenburg AG |  | Closed |  | Baumerich | I |  | p |  |  |  | (Swiss utility) |  | No Rating |  |  | Y | N | None | EFET | Enron has proposed collateral thrsholds; EGL has little interest to resolve. | [NAME] |  |  |  | 58111 | 58111
 | Conoco (UK) Ltd |  | Closed |  | Crilly | I |  |  | G |  |  | Conoco |  | BBB+ | US | Closed | Y |  |  |  | Netting Agreement not executed to date; Global trading suspended; Will switch on once netting agreement signed. | Houston to handle |  |  |  | 58787 | 3497
 | Bewag AG |  | Closed |  | Baumerich | I |  | p |  |  |  | BEWAG |  | No Rating |  |  | Y | N | None | old EFET | Close out Netting Agreement proposed. | [NAME] |  |  |  | 66444 | 66444
 | Duke Energy International Trading and Marketing (UK) Ltd |  | Open |  | Crilly | I |  |  | G |  |  | Duke |  | A+ | All | Closed |  |  |  |  | Invoking non-specific Material-Adverse-Change; $100m L/C due to iexpire in U.S. on 30/11/01; Replacement with chase looking hopeful |  |  |  |  | 79612 | 55250
 | Edison First Power Ltd |  | Closed |  | Hastings | I | P |  |  |  |  | to be AEP |  | CC | U.S. | Open | N |  |  |  | None proposed. |  |  |  |  | 70711 | 51057
 | London Electricity Group plc |  | Open |  | Hastings | I | P |  |  |  |  | LE (EdF) |  | A+ |  |  | N |  |  |  | None proposed. |  |  |  |  | 85553 | 85553
 | Magnox Electric PLC |  | Open |  | Hastings | I | P |  |  |  |  | BNFL |  |  |  |  | N |  | None | GTMA | None proposed. | [NAME] |  |  |  | 51047 | 67272
 | The European Power Source Company (UK) Limited |  | Open |  | Hastings | I | P |  |  |  |  | Goldman Sachs |  |  |  |  |  |  | None |  | Master Netting agreements, $10m bilatera lines in each. | Marios [NAME] |  |  |  | 96534 | 96534
 | Cinergy |  | Closed |  |  | I
 | Essent NV |  | Open |  | Mead | L |  | p |  |  |  | Essent |  | A+ |  |  | - | - |  |  |  |  |  |  |  | 93056 | 93056
 | Scottish and Southern Energy Plc |  | Closed |  | Lewis | L | P |  |  |  |  | SSE |  | AA- |  |  | Y | N | None |  | Counterparty wants unreasonabe terms (£5m up front) | [NAME] [PHONE] | 2001-11-06 00:00:00 |  |  | 64629 | 64629
 | Amerada Hess Ltd. |  | Closed |  | Crilly | L |  |  | G |  |  | [NAME] |  | BBB | U.S. | Closed | Y | N | None |  | Execution of masters with collateral rights; will make recommendation on amounts; proposing up-fron collateral in U.S. | [NAME]   [PHONE] |  |  |  | 68000 | 8
 | Shell UK Ltd |  | Closed |  | Crilly | L |  |  | G |  |  | Shell |  | AAA |  |  |  |  |  |  | Global trading suspended? |  |  |  |  | 56754 | 49761
 | TotalFinaElf Gas and Power Limited |  | They buy only |  | Crilly | L | P | p | G |  |  | Total Fina Elf |  | AA |  |  | Y | N | £30m | GTMA (£50m) | Master Netting agreement with collateral threshold of £30m proposed |  | 2001-11-05 00:00:00 |  |  | 67094 | 48617
 | [NAME] |  | CLosed |  | Hastings | L | P |  |  |  |  | Aquila/Utilitcorp |  | BBB |  |  | Y | N | £15m | GTMA |  | [NAME] | 2001-10-30 00:00:00 |  |  | 64162 | 169
 | E&T Energie Handelsgesellschaft m.b.H. |  | Prompt Only |  | Baumerich | L |  | p |  |  |  | E&T Energie Handelsgesellschaft m.b.H. |  | - |  |  | N | N | None | EFET | E&T contacted - no response to date |  |  |  |  | 78717 | 78717
 | El Paso Merchant Energy Europe Ltd |  | Open |  | Hastings | L | P |  |  |  |  | El Paso Corp. |  | BBB+ |  |  |  |  | None |  | None proposed. | Managed from Houston |  |  |  | 85937 | 72052
 | Endesa SA |  | Open |  | Mead | L |  | p |  |  |  | Endesa |  | A+ |  |  | Y | N | None | Simple netting | Endesa proposes $5m L/C to resume trading; no interested in CSA. | contacting |  |  |  | 65398 | 65398
 | EnMo Limited |  | Open |  | Hastings | L |  |  | G |  |  | Enmo |  | - |  |  | Y | Y | None | exchange type entity | no proposed changes; will require collateral if net purchases exceed £5m | [NAME] |  |  |  | 71298 | 71298
 | SocGen Energie SA |  | Closed |  | Crilly | L |  |  | G |  |  | Societe Generale |  | AA- |  |  |  |  |  |  |  |  |  |  |  | 26146 | 50859
 | VEAG Vereinigte Energiewerke AG |  | Closed |  | Baumerich | L |  | p |  |  |  | VEAG Vereinigte Energiewerke AG |  |  |  |  |  |  |  |  | Proposed EFET - pending |  |  |  |  | 63685 | 63685
 | Energie Ouest Suisse |  | Prompt Only |  | Baumerich | L |  | p |  |  |  | Energie Ouest Suisse |  |  |  |  | Y |  |  |  | Proposed Master Agreement with EUR 8m threshold - pending Energie Ouset Suisse |  |  |  |  | 66514 | 66514
 | BKW-FMB Energie AG |  | Will Open 22/11/01 |  |  | L |  |  |  |  |  | BKW-FMB Energie AG |  |  |  |  |  |  |  |  | We have sold 2,14 TWh from now till end 2002. We have bought 0.2 TWh in cal 03. Proposed Netting Agreement, no exposure threshold - pending BKW |  |  |  |  | 61992 | 61992
 | Alcan Inc. |  | Open |  |  | L |  |  |  |  | M | AlCan |  | A- |  |  |  |  | None |  |  |  |  |  |  | 26248 | 26248
 | NGC Settlement Trust |  | Open Short Term |  | Hastings |  |  |  |  |  |  | NGC Settlement Trust |  |  |  |  |  |  |  |  | Agreed GTMA with zero collateral threshold and Material Adverse Change below BBB-; Drafting amendment. |  |  |  |  | 3732 | 3732