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From:aleonard@caiso.com
To:marketparticipants@caiso.com
Subject:CAISO Notification: Commencement of 2000 Operational Study in Jul y
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Date:Thu, 1 Jun 2000 09:15:00 -0700 (PDT)

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Market Participants:

< PricewaterhouseCoopers (PwC) is planning to commence the 2000 Operational
< Study in July 2000. As in past years, PwC is seeking input from market
< participants prior to recommending the specific procedures to be covered
< in this Operational Study. The Audit Committee will make the final
< decision on the scope of the Study based on recommendations from PwC,
< which will reflect input from this stakeholder feedback process.
<
< Please call or e-mail Charlotte Martin at (916) 351-2118 /
< cmartin@caiso.com to request a meeting (in person or via conference call)
< with PwC to discuss the scope of this study.
<
< As described at the May Audit Committee meeting, market participants will
< be given the opportunity to have a member of Operations management, Trent
< Carlson, present during all or a portion of the meetings. At its recent
< meeting, the Audit Committee reaffirmed its position that information
< conveyed during these meetings is to be treated in the strictest
< confidence when the market participants so desire.
<
< When making arrangements for the meeting please advise Charlotte which of
< the three choices you desire:
< 1) Meet with PwC only
< 2) Meet with PwC and Trent Carlson
< 3) Meet first with PwC only; followed by a session including Trent
< Carlson to cover certain matters addressed in the first meeting that the
< market participant wish to communicate directly to CAISO management.
<
Don Fuller
Director, Client Relations

Sent on behalf of Don Fuller by Alice Leonard

Alice Leonard
Client Relations
(916) 351-4467
aleonard@caiso.com