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Weekly Reports are Due

REMINDER: Your weekly update for Philippe and Greg is due to me by noon on Thursday. NOTE: PLEASE SEND YOUR REPORTS TO LISA COSTELLO. Thank you,

Latest Marketing List

Please find attached the latest, and what should be the final for the immediate period of time, copy of the marketing list. Please filter the PA column by your name to double-check against the list you are currently working off of. There are some smaller subsids of larger companies previously assigned now listed. I pulled these subs in from the credit pre-approval list. I will be passing out draft contracts folders for these counterparties tomorrow to the people responsible for the respective parent companies. There are some companies on your lists that do not have draft packets. These companies have NOT been pre-approved by credit, but credit is working on them now. Continue to call these customers regarding password applications, but do not promise that the ISDA documents, etc. are immediately forthcoming until we receive those worksheets from credit. Please continue to pass on both the pa information and the draft packets as you receive the correct contact info. If you have any questions at all, please call me at 5-3614 or come by my desk at 06541 in the rotunda. Thank you,

Power Pool

John, Further to our conversation last week, this is written notification that the Power Pool was required to modify PetroCanada's direct sales/forward contracts with Enron Canada Power due to the sale of the Sundance 3 unit effective December 29 HE 1 2001. The details of these changes are provided below. *********************************** Original Contract Number: 138 Terminated: December 28 HE 24 Source: Enron Sundance 3 (Enron's metered asset) Sink: PO1U New Contract Number: 2048 Begin Date: December 29 HE 1 Expiry Date: December 31 HE 24 Source: Enron ECP- (Enron's unmetered asset) Sink: PO1U *********************************** Original Contract Number: 1287 Terminated: December 28 HE 24 Source: Enron Sundance 3 (Enron's metered asset) Sink: PO1U New Contract Number: 2052 Begin Date: December 29 HE 1 Expiry Date: December 31 HE 24 Source: Enron ECP- (Enron's unmetered asset) Sink: PO1U *********************************** If you have any questions relating to this matter, please give me a call.