Sempra Energy Trading Corp.

I spoke with Marsha Greenblatt (Sempra's trading lawyer). She was unaware of
any issues with Sempra's dealing with ECTRIC but recognized that (i) this is
a credit decision and (ii) trading with ECTRIC has occurred. Sempra does
have a London trading operation so maybe the London traders for both of our
respective companies have been transacting. Of course, all confirms she
reviewed were with ECT/Sempra (except for one or two ECTRIC confirms).

Based upon our recent ECT/ECTRIC internal conversation, I don't anticipate
further confusion. Thanks for everyone's attention to this matter. Sara