Spreadsheet: david_delainey__8187__California Exposure 010117a
Sheet: PG&E Corp. 

RAC - Risk Assessment & Control
California Counterparty Exposure as of | 2001-01-17 00:00:00
 |  |  | Financial | Physical | Sales | Purchases |  | Net Physical | Enron's Net | Counterparty's
Counterparty | Enron Entity | Entity Code | Mark-to-Market | Mark-to-Market | (A/R) | (A/P) | (A/R - A/P) | (Cash + Phys) | Exposure | Net Exposure
Pacific Gas & Electric Company | Enron Canada | ENA | 0 | -3387062 | 67748252 | -1025578 |  | 66503871 |  | 0
Pacific Gas & Electric Company | ENA Corp. | ENA | 13796187 | -34259559 | 57911844 | -8523860 | 49387984 | 15128425 | 28924612 | 0
Pacific Gas & Electric Company | EPMI | ENA | 0 | -83975667 | 1726200 | 0 | 1726200 | -82249467 | 0
Pacific Gas & Electric Company | EES | EES | 0 | 185000000 | 155000000 | 0 |  |  |  | 0 | [NAME] due to EES
Pacific Gas & Electric Company | EEMC | EES | 0 | 220000000 | 139000000 | 0 |  |  |  | 0 | [NAME] due EEMC
Pacific Gas & Electric Company | Enron Wind | EWC | 0 | 0 | 159872.91 | 0 |  |  |  | 0
Total Pacific Gas & Electric Company
PG&E Energy Services, Energy Trading Corporation | Enron Canada | ENA | 0 | 0 | 50460 | 0 | 50460 | 50460 |  | 0
PG&E Energy Services, Energy Trading Corporation | ENA Corp. | ENA | 0 | 0 | 290238 | 0 | 290238 | 290238 |  | 0
Total PG&E Energy Services, Energy Trading Corporation
PG&E Energy Trading - Power, L.P. | [NAME] | EEL | 0 | 65974 | 0 | 0 | 0 | 65974 |  | 0
PG&E Energy Trading - Power, L.P. | ENA Corp. | ENA | -6140318 | 0 | 0 | 0 | 0 | -1414833 | 0
PG&E Energy Trading - Power, L.P. | ENA Corp. | ENA | 0 | -2144322 | 9173264 | -6287916 | 2885348 | 741026 | 741026 | 0
PG&E Energy Trading - Power, L.P. | EPMI | ENA | 0 | 229333966 | 168497152 | -217683033 | -49185881 | 180148085 | 180148085 | 0
Total PG&E Energy Trading - Power, L.P.
PG&E Quantum Ventures | EEMC | EES | 0 | 0 | 10248582 | 0 |  |  |  | 0 | PG&E Corp. guaranteed $10MM receivable to EES under retail sales agreement.
CEG Energy Options Inc. | ENA Corp. | ENA | 0 | 0 | 1880884 | 0 | 1880884 | 1880884 |  | 0
Total Quantum Ventures and CEG Energy Options
PG&E Energy Trading, Canada Corporation | Enron Canada | ENA | -69339317 | 0 | 0 | 0 | 0 | 13062536 | 0
PG&E Energy Trading, Canada Corporation | Enron Canada | ENA | 0 | -33587600 | 117553733 | -70727284 |  | 46594264 |  | 0
PG&E Energy Trading, Canada Corporation | ENA Corp. | ENA | 0 | -433158 | 10078686 | -8818458 | 1260228 | 827070 |  | 0
Total PG&E Energy Trading, Canada Corporation |  |  |  |  |  |  |  |  |  |  | 0
PG&E Energy Trading-Gas Corporation | Enron Canada | ENA | 0 | 245610 | 0 | -2552230 | -2552230 | -4134430 | 0
PG&E Energy Trading-Gas Corporation | ECT Resources Int. | ENA | 0 | 219571 | 0 | 0 | 0 | 219571 |  | 0
PG&E Energy Trading-Gas Corporation | EGL | ENA | 0 | -439141 | 0 | 0 | 0 | -439141 | 0
PG&E Energy Trading-Gas Corporation | ENA Corp. | ENA | 15378735 | 0 | 0 | 0 | 0 | -22486468 |  | 0
PG&E Energy Trading-Gas Corporation | ENA Corp. | ENA | 0 | -13842833 | 157195731 | -166877353 | -9681622 | -23524455 | 0
PG&E Energy Trading-Gas Corporation | HPL Co. | ENA | 0 | 0 | 1370682 | -3131575 | -1760893 | -1760893 | 0
PG&E Energy Trading-Gas Corporation | HPL Resources | ENA | 0 | 270707 | 0 | 0 | 0 | 270707 | 270707 | 0
PG&E Energy Trading-Gas Corporation | Louisiana Gas | ENA | 0 | -219571 | 0 | 0 | 0 | -219571 | 0
PG&E Energy Trading-Gas Corporation* | EEMC/EES | EES | 0 | 2800000 | 3200000 | -8200000 |  |  | 0 |  | EES gas exposure with PG&E.
Total  PG&E Energy Trading-Gas Corporation* |  |  |  |  |  |  |  |  |  |  | 0
Subtotal PG&E Trading Subsidiaries
Total Exposure to PG&E Trading Subsidiaries |  |  |  |  |  |  |  |  |  |  |  | (a) |  | With Master Set Off
PG&E Gas Transmission, Northwest Corporation | Enron Canada | ENA | 0 | 72283453 | 0 | 0 | 0 | 4928856 |  | 0
PG&E Gas Transmission, Northwest Corporation | ENA Corp. | ENA | 0 | -18609904 | 0 | 3374 | 3374 | -18606530 | 0
Total PGE Relationship Exposure |  |  |  |  |  |  |  |  |  |  |  | (b) |  | With Master Set Off
Notes:
(a) Total Exposure to PG&E Trading Subsidiaries will reduce to $117.4MM with [NAME].
(b) Total Relationship Exposure to PG&E will reduce to $898.9MM with [NAME].
 |  |  |  |  |  |  | Check Figures