All-    Per an inquiry from Lousiana Pacific regarding deal # 421598.1 (LT NW):    Structure: 		7 MW around the clock, 100% load factor.
Buy back at basis or remarket at a 70% / 30% split.
February 23, 2001:  	Load was taken from 7 MW to 4 MW for HE 11 - 24.
Deal # 421598.1 was reduced from a 7 MW to a 4 MW (D. Scholtes).
We remarketed the 3 MW's real time to WWP deal # 530654.1 (source PGE).
We did not enter a deal to keep LP whole.
February 24, 2001:  	Load was taken from 7 MW to 4 MW for HE 1 - 24.
Deal # 421598.1 was reduced from a 7 MW to a 4 MW (D. Scholtes).
We remarketed the 3 MW's real time to Puget for HE 1-9 deal # 530689.1 and to WWP for HE 10-24 deal # 530716.1.
We did not enter a deal to keep LP whole.
August 29, 2001:  	Virginia set deal # 421598.1 back to 7 MW, keeping sale to LP whole, and entered deal # 754187.1 to buy back 3 MW of LP energy at 70 % of  the 			price sold real time.
(70% / 30% split according to agreement with LP).
VT routed original purchase from PGE-deal 529161.1 (ST NW) back to Lousiana Pacific-deal # 421598.1 (LT NW) and routed the "buy-back" deal # 			754187.1 (ST W HOURLY) to WWP and to Puget (ST W HOURLY).
I think that this will properly take care of the dispute and make Lousiana Pacific happy.
Please let me know if you have any questions or comments.
Thanks,    Virginia

Lousiana Pacific Deal # 421598.1
