OTC purchases by EPMI for EES during March

From: neil.bresnan@enron.com

To: jeff.richter@enron.com, chris.foster@enron.com, kate.symes@enron.com,phillip.platter@enron.com, chris.mallory@enron.com

Subject: OTC purchases by EPMI for EES during March

Cc: jubran.whalan@enron.com

Bcc: jubran.whalan@enron.com

Date: Tue, 27 Feb 2001 06:34:00 -0800 (PST)

We agree to pay a premium of $5 per MWH for power purchased by EPMI to cover
EES's load during March. We will revisit this arrangement during the second
half of March when it becomes clear what our on going load will be in
Southern California.

Thank you all again for your help over the last month !

NFB