More info from ISO -- May be Providing Confidential Data to State

The ISO reported that it looked at 26 companies that may have exerted market
power. They are listed by number only in the public. FERC has been provided
the actual names.

NOTE: The ISO's Gen Counsel would not respond to a reporter's question
asking if he gave confidential data to other state agencies. I guess we can
assume that means the ISO has done that.

The ISO has calculated its view of what a competitive price is for several
months:

Jan -- $180/MWh
Feb -- $260/MWh

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854