EES Volumetric Position

Please find the attached EES Volumetric NYMEX and Basis positions for
8/7/2000. I expect our position to be about 498 contracts long on Nymex and
<1,338< nominal Basis contracts. In addition, there are 40 contracts long
for the Mercury portfolio which is not yet included in the Benchmark report.
You may contact me at x3-5070 if you have any questions.

Thanks,

Monica Hwang