MOU with SCE and DWR

From: kortney.brown@enron.com

To: jeff.dasovich@enron.com, robert.neustaedter@enron.com,jennifer.thome@enron.com

Subject: MOU with SCE and DWR

Cc: michael.tribolet@enron.com, jeffrey.soo@enron.com

Bcc: michael.tribolet@enron.com, jeffrey.soo@enron.com

Date: Mon, 30 Apr 2001 12:23:00 -0700 (PDT)

A draft copy of the presentation discussed, as well as the updated Pricing
Summary (with the most recent curves available). Thanks.

Kortney