Spreadsheet: sally_beck__33853__consolidated for 12 04
Sheet: A 01

 |  | Quantitative Standards
 |  | Daily Exception Reports
 |  | Reports Supporting Quantitative Standards A
 |  | Report A 01:
 |  | Purpose: | To capture transactions either not input or input but not valued in the Risk Management System.
 |  | Deal # | Date deal was done | Description of the deal | Quantity | Reason why deal was not input/ not valued | Key contact (book admin)
ENRON NORTH AMERICA
 | Gas & power - CA | NONE | NA | NA | NA | NA | NA
 | Gas - US | not yet received 12 04 reporting
 | Power - east
 | Power - west | 389124 | 2000-08-08 00:00:00 | Asian Put Option  -Q301 | 75MW | Enpower does not have the capacity to value Asian Options, currently in development | [NAME]
 |  | 434397 | 2000-10-12 00:00:00 | Asian Put Option  -Nov.00 | 50MW | Enpower does not have the capacity to value Asian Options, currently in development | [NAME]
 |  | 444339 | 2000-10-26 00:00:00 | Asian Put Option  -Dec.00 | 75MW | Enpower does not have the capacity to value Asian Options, currently in development | [NAME]
 |  | 388142 | 2000-08-07 00:00:00 | Basis Put Option - Q301 | 50 MW | Problem with Port Calc release that values Basis Options.  IT is looking into the problem. | [NAME]
 |  | 385132 | 2000-08-01 00:00:00 | Basis Put Option - Q301 | 50 MW | Problem with Port Calc release that values Basis Options.  IT is looking into the problem. | [NAME]
 |  | 385131 | 2000-08-01 00:00:00 | Basis Put Option - Q301 | 50MW | Problem with Port Calc release that values Basis Options.  IT is looking into the problem. | [NAME]
 |  | 384516 | 2000-08-01 00:00:00 | Basis Put Option - Q301 | 25 MW | Problem with Port Calc release that values Basis Options.  IT is looking into the problem. | [NAME]
 |  |  |  | Various services deals (see tab)
 | Merchant assets | Unknown | Unknown | Potential Enron Wind Merchant Asset | Unknown | Dash not provided to Merchant Group - checking | [NAME]
 |  | Fountain Valley Power | 2000-12-01 00:00:00 | 230 MW Natural Gas Facility | $3 M | Unsure if amount has been funded - checking | [NAME]
 |  | Cross Timbers Oil Company | 2000-10-31 00:00:00 | One-Year Swap | $57.3 M | Deal done by trading - Unsure if deal is Merchant - checking | [NAME]
 |  | Clatskanie PUD | 2000-10-25 00:00:00 | Commodity/Embedded Loan Transaction | $5.496 M | Deal done by Portland - Unsure if deal is Merchant - checking | [NAME]
 | South America | NONE | NA | NA | NA | NA | NA
ENRON GLOBAL MARKETS (coal, liquids and emmissions only) |  | NONE | NA | NA | NA | NA | NA
ENRON INDUSTRIAL MARKETS |  | All physical lumber deals | 8/00 - 12/00 |  |  | Physical lumber risk books are being developed and are planned to be operational in 2/01 | Moscoso
 |  | Appleton pulp deal | 2000-11-21 00:00:00 | Physical paper sale - 2 years | 1,250 metric tons | Legal Review and trader to extend curve | Beardmore
 |  |  |  | (1/03 - 9/05)
ENRON BROADBAND |  | not yet reporting
EES |  |  | Q3 | General Growth Products | 1 | Currrent RPS does not handle volume of | [NAME]
 |  |  |  | Power Deal |  | batches
 |  |  | 2000-11-15 00:00:00 | Macerich JV-Ontario Teachers |  | Power batches not consistant w/ RPS | [NAME]
 |  |  | Q2 | Owens Canada |  | Risk Systems do not accommodate foreign currency | [NAME]
ENRON EUROPE
 | Australia | not yet reporting
 | Japan | not yet reporting
 | Enron Metals London |  |  | 89 London -  Financial Trading Deals |  | Input errors, mainly due to incorrect dates, LME type and incorrect price | [NAME]
 |  |  |  |  |  | Entered on next day. Temporary Risk Manager currently in Hamburg,
 |  |  |  |  |  | developing reporting procedures
 | Enron Metals NY | NONE | NA | NA | NA | NA | NA
 | Enron Metals - Merchanting | 8457 | 2000-12-04 00:00:00 | Purchase 175mt Details of contract unknown | 175mt | unknown
 | Continental Gas |  | 2000-11-17 00:00:00 | Physical Forward | 190.5 m kWh | Have the right to enter into an agreement for the sale of Gas into Germany. | [NAME]
 |  |  |  |  |  | This is a structured deal based on oil ([NAME]) and wll only be exercised
 |  |  |  |  |  | if transport can be obtained before 31st Dec 2000 (so effectively a long put option).
 |  |  |  |  |  | The time value on this option will not be valued but a deal will be put into Gas
 |  |  |  |  |  | Desk (no MTM) to reflect this.
 | Credit Trading | NONE | NA | NA | NA | NA | NA
 | Continental Power | NONE | NA | NA | NA | NA | NA
 | Structured Commodities | NONE | NA | NA | NA | NA | NA
 | UK Power | NONE | NA | NA | NA | NA | NA
 | Nordic Power | not yet reporting
 | UK Gas