12/4 term

Kate, below is the EES spreadsheet that has the shows the powerex trade shown
on 12/4/00. Please verify and we can backdate the trade and reconfirm the
document, or we can initial Powerex change and send back to them to show that
we are in agreement. Thanks Stephanie

---------------------- Forwarded by Stephanie Piwetz/HOU/ECT on 12/19/2000
10:54 AM ---------------------------

Jubran Whalan@EES
12/04/2000 04:42 PM
To: Daily Term Hedges for EES Portfolio
cc:
Subject: 12/4 term

CHECK CAREFULLY ONE COB TRANSACTION IS NORTH TO SOUTH AND ONE IS SOUTH TO
NORTH.