2001 goals

John, =20

Listed below are the goals that i drafted for Crude and Products from your=
=20
voicemail. Please review and make changes including adding specific=20
information (eg: number of deals, volumes, specific types of transactions,=
=20
etc.) to each dot point. Also please don't hesitate to change the way it i=
s=20
worded.

Please respond tomorrow if possible or as soon as you get back.=20

Crude and Products
? Create $150 million in gross margin and $83 million in EBIT
? Develop mid-market liquidity around defined books
? Develop long term structured origination group to generate earnings,=20
compliment or mitigate existing trading positions and build deal flow
? Extend into new and key business opportunities to exploit Enron=01,s natu=
ral=20
gas and power businesses
Develop a physical presence by moving xxxxx bbls/day in US and xxxx=20
internationally

Thanks,
m