Altra, ICE access

What are your thoughts on this?

Thanks
Sheri
---------------------- Forwarded by Sheri Thomas/HOU/ECT on 11/08/2000 09:59
AM ---------------------------

Elisa Donovan@EES
11/07/2000 10:34 AM
To: Mark Taylor/HOU/ECT@ECT, Sheri Thomas/HOU/ECT@ECT
cc: Neil Bresnan/HOU/EES@EES, Karen A Cordova/HOU/EES@EES
Subject: Altra, ICE access

As per my voice mail yesterday, EES is interested in having access to the
IntercontinentalExchange (ICE) and Altrade Electronic Brokering System for
power. EES would really need only read-only access, as all trades would
continue to be conducted through ENA (or EPMI). I believe the ICE agreement
with ENA allows this type of access by affiliates, although we likely need to
obtain additional user licenses. I do not know whether the Altra agreement
with ENA would allow for EES to access the Altrade system.

I think it would be preferable for EES to be able to access the systems under
the current ENA agreements rather than entering into their own agreements,
given that ENA will continue to be the trading party. Thoughts? Could you
please advise as to how EES can get the access it needs?

Thanks,
Elisa Donovan
EES Legal
Ph: 713-345-4142