Update 12/18/2001

From: wade.stubblefield@enron.com

To: jeremy.blachman@enron.com, don.black@enron.com, tim.despain@enron.com,janet.dietrich@enron.com, scott.gahn@enron.com, david.gorte@enron.com, james.hachen@enron.com, dan.leff@enron.com, rachel.massey@enron.com, cynthia.morrow@enron.com, kimberley.nel

Subject: Update 12/18/2001

Cc:

Bcc:

Date: Tue, 18 Dec 2001 16:02:49 -0800 (PST)

Now that Email is back up - here is our update for today.

Note, I again forecasted EFS' residual deposit of funds. If not made, funding requirements for out days will change.

Wade