Broker Client Process flow

We are currently in discussions with 3-4 brokers (including GFI in London) to
allow them to transact on behalf of their customers via EnronOnline. Mark
Taylor suggested that I send you some information on the broker client
application and the process flow. Attached please find the functional
specifications for the broker client and a draft process flow. All documents
are work in progress.

We have been discussing this with Amita Gosalia (EnronOnline Product
Control), Debbie Nichols and Gail Hill in the London Office.

Please call me with any question at 713 853-0397. I will continue to
coordinate my legal questions through Mark Taylor.