Alberta PPA - Legal Products

I have spoken to Jeff and we would like to have a meeting at 3:00 Calgary
time (4:00 Houston time, 2:00 Portland time) tomorrow to discuss legal
product definition and identification for the PPA, including:

1. Firm Physical i.e. Master and GTC;

2. Interruptible Physical

3. Firm Financial i.e. ISDA; and

4. Enron Online.

Structured or Origination deals will be dealt with on a case by case basis to
manage the structural risks created by the PPAs.

Products need to be developed as soon as possible to accomodate trading the
PPA Jan 1/00.

Please call Sharon @ 403.974.6726 to confirm, and she will set up a dial in
number.

Regards, Peter.