Reliant Cal 04 Reserve for EOL

Please note the following addition to the domestic credit reserve for September 2001:

CP: Reliant Energy Services, Inc.
Deal No: 758917.1
EOL No: 1802392
Deal Date: 8/31/2001
Deal Specifics: EPMI to sell 50MW On-Peak Power into ERCOT for Calendar Year 2004.
Term: 1/1/2004 thru 12/31/2004
Volume: 50 MWs On-Peak
Price: $32.25
Delivery Point: ERCOT
Trader/Mid-Marketer: Doug Gilbert-Smith
Credit Reserve Amount: $20,000 (twenty thousand US dollars)

RAC: transaction confirmed under Executed EEI dated 9/22/2000.

Please call w/any questions.

Regards,
Wendy
x30699