Re: PSE&G

Tana
I have requested a copy of the GISB to review. Is this counterparty
completely clear to trade from a credit perspective?
I will call the counterparty after I have reviewed the GISB.

Stacy
----- Forwarded by Stacy E Dickson/HOU/ECT on 10/30/00 02:01 PM -----

Leslie Hansen
10/30/00 09:26 AM

To: Tana Jones/HOU/ECT@ECT
cc: Stacy E Dickson/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT
Subject: Re: PSE&G

Tana:

Stacy needs to talk with her to decide if it's appropriate to trade under the
GISB. If she agrees, we shouldn't need to amend the ETA -- the GISB will
become an "applicable master" under the terms of the ETA and all nat gas
transactions eligible for trading under the GISB would be confirmed under the
GISB contract, to the extent the nat gas group sends confirms. Give Denise a
call back and let her know to expect a call from Stacy.

Stacy:

Please all this woman and discuss her request re the GISB agreement. Then,
give me a call so that we can discuss your determination and to make sure I
can respond accurately to her ETA concern.

Leslie

Tana Jones
10/27/2000 02:52 PM

To: Leslie Hansen/HOU/ECT@ECT
cc:
Subject: PSE&G

PSE&G just called and want to trade natural gas online and want to make sure
that they can trade it under the GISB. They want to amend the ETA to that
effect. I'm not sure how we want to handle this. Get Stacy/Jeff's approval
that their gas trades can go under the GISB, and then amend the ETA? The
woman who called is Denise Pocius at (973) 430-8181.