Spreadsheet: stacey_white__38820__Updates 12-19
Sheet: Termination

 | Events of Default/Termination
 | UPDATES TO PREVIOUSLY RECEIVED NOTICES
 | As of December 19, 2001
Term | Counterparty | Attorney Assigned | Enron Entity | Amount (if applicable) | Early Termination Date | Nature of Default (if any) | Contract Type(s) | Comments | Margin (Posted by Enron/Posted to Enron)
Y | AES NewEnergy, Inc. |  | ENA | 5986623.4 | 2001-12-18 00:00:00 | bankruptcy | financial confirmations (schedule attached) | 12/19 ltr calculates amount due
 | Constellation Power Source |  | ENA |  | 2001-12-03 00:00:00 | bankruptcy | ISDA (03/28/2001), agreements for SO2 Emission Allowances, Coal Sale & Purchase Agreement (10/08/2001), certain agreements for the sale and purchase of nat gas | 12/12 ltr terminates Constellation Energy Group, Inc. Guaranty dated 11/15/2001; In event that Net Settlement and Termination Agreement (11/30/2001) is limited in bankruptcy court, setting this termination date; no outstanding transactions
Y | Constellation Power Source |  | EPMI |  | 2001-12-03 00:00:00 | bankruptcy | Master Power Purchase and Sale Agreement (02/20/2001) | 12/12 ltr terminates Constellation Energy Group, Inc. Guaranty dated 11/15/2001; In event that Net Settlement and Termination Agreement (11/30/2001) is limited in bankruptcy court, setting this termination date
Y | Equiva Trading Company |  | ENA | 1845822.39 | 2001-12-03 00:00:00 | bankruptcy | Confirmations (listed on attachment) | 12/19 ltr calculates amount due
Y | Goldman, Sachs & Co. |  | ECT Investments, Inc. |  | 2001-11-30 00:00:00 | sect. 9 | Corporate Account Agreement (09/21/2001) and Prime Brokerage Supplement thereto | Per Sara, date of agreement should be 12/03/1999
Y | Goldman, Sachs & Co. |  | ENA |  | 2001-12-03 00:00:00 | sect. 9 | Coporate Account Agreement (09/21/2001) and Prime Brokerage Supplement thereto | Per Sara, date of agreement should be 12/03/1999
Y | Grupo ISMA, S.A. de C.V. |  | ENA | 25606804.12 | 2001-12-07 00:00:00 | Event of Default; failure to provide performance assurance | ISDA Master Agreement (02/22/01) | 12/18 ltr calculates amount due
Y | LG&E Energy Marketing Inc. |  | ENA |  | 2001-11-30 00:00:00 | sect. 5.A(2), (4), and (5) | Master Agreement (08/04/1995) | 12/19 ltr - notes additional default under sect. 5.A(5), if for any reason the agreement did not terminate on 11/30, designates 12/20 as ET Date
 | RWE Trading GmbH |  | ECTRL, ECTRIC, Enron Financial and Energy Trading L.L.C., Enron Coal Services Limited | 32755328 | 2001-11-29 00:00:00 | appointment of administrator | Cross-Affiliate Netting and [NAME]-to-Market Margining Agreement (11/22/2001) | 12/17 ltr requests payment from Enron Corp. as Guarantor; 12/14 ltr calculates final settlement amount; underlying agreements will be closed out as of 11/29
Y | RWE Trading GmbH |  | ENA | 466500 | 2001-12-03 00:00:00 | bankruptcy | financial confirmations | 12/17 ltr requests payment from Enron Corp. as Guarantor
Y | Snohomish County PUD No. 1 |  | EPMI |  | 2001-11-29 00:00:00 | Event of Default has occurred, bankruptcy | Master Power Purchase and Sale Agreement | 12/19 ltr designates 11/29 as ET Date (11/28 ltr stated that contract was terminated immediately); 12/04 ltr lists bankruptcy as additional event, will no longer accept delivery of power from EPMI as of 5 pm CST on 11/29/2001
The following was previously on the list and has now been marked as "yes":
Y | AEP Energy Services, Inc. | [NAME] | ENA |  | 4:00 pm on12/1/2001 |  | sale/purchase of coal | terminates all transactions, will provide final settlement statement | -82000000
Y | American Coal Company, The | [NAME] | ENA | 22892954 | 2001-12-07 00:00:00 | MAC | Coal Purchase Agreement (06/24/1998) | American Coal has calculated amount due
Y | Arch Energy Resources, Inc. | [NAME] | ENA | $780,369.33 due ENA | 2001-11-29 00:00:00 | event of default | [NAME] and Purchase Agreements | Previously was listed as [NAME], Inc.; [NAME] has calculated amount due and will wire transfer to ENA
Y | Constellation Power Source | [NAME] (Emissions); [NAME] (Coal) | ENA |  | 2001-12-03 00:00:00 | bankruptcy | ISDA (03/28/2001), agreements for SO2 Emission Allowances, Coal Sale & Purchase Agreement (10/08/2001), certain agreements for the sale and purchase of nat gas | 12/12 ltr terminates Constellation Energy Group, Inc. Guaranty dated 11/15/2001; In event that Net Settlement and Termination Agreement (11/30/2001) is limited in bankruptcy court, setting this termination date; no outstanding transactions
Y | Dayton Power & Light Company | [NAME] | ENA |  | 2001-12-03 00:00:00 | paragraph 4(a)(iii)(c) | Coal Sale Purchase Agreement, Deal No. QS5692.1
Y | Detroit Edison Company, The | [NAME] | ENA |  | *(12/06/2001) | sect. 4(a)(iii) | [NAME] and Purchase Agreement
Y | DTE Coal Services, Inc. | [NAME] | ENA |  | 2001-12-10 00:00:00 | sect. 4(a)(iii) and 14(b) and (c) | [NAME] and Purchase Agreements
Y | Kansas City Power & Light | [NAME] | ENA |  | 12/076/2001 | failure to perform coal sale obligations to KCPL under the Confirmations dated 05/25/200 and 09/18/2001 | Confirmations (05/25/2000 (for 8800 Btu coal FOB Black Thunder mine through 12/31/2001) and 09/18/2001 (for 8400 Btu coal FOB Cordero Rojo mine during October and November 2001)) | Per letter dated 11/30/01, if  Enron fails to provide a written remedy to KCPL's satisfaction by 4:00 PM Central Time on 12/07/2001,  KCPL will consider the Confirmations terminated at that time.
Y | [NAME], Inc. | [NAME] | ENA | 50000000 | 2001-12-08 00:00:00 | debt cross default | Coal Call Option Agreement | must provide performance assurance by 12/08 or terminates
Y | [NAME], Inc. | [NAME] | ENA |  | 2001-11-28 00:00:00 | cross default | Coal Purchase Agreement (03/22/1999)
Y | Northern Indiana Public Service Company | [NAME] | ENA |  | 12/7/2001 (11/29/2001) | MACs, failure to provide performance assurance | Amended and [NAME] and Sale Agreement (07/01/2001) | 12/11 ltr states that since permformance assurance was not received, agreement was effectively terminated on 11/29, date of the first letter; 11/29 ltr - if don't receive performance assurance by 12/06/01, termination applies
Y | Panther LLC | [NAME] | ENA |  | 2001-11-28 00:00:00 | sect. 14 (inability to perform?) | Coal Marketing Agreement (12/15/00), Coal Supply Agreement (12/15/00)
Y | Public Utility District No. 2 of Grant County, Washington |  | EPMI | $16,454,632 due to EPMI | 2001-12-13 00:00:00 | sect. 22.2 | Western Systems Power Pool Agreement (07/27/1991) | PUD No. 2 has wired funds to EPMI on 12/17