EES VaR Report for 05-24-01

From: darin.schmidt@enron.com

To: chris.abel@enron.com, naveen.andrews@enron.com, tim.belden@enron.com,dennis.benevides@enron.com, don.black@enron.com, neil.bresnan@enron.com, wanda.curry@enron.com, minal.dalia@enron.com, charles.decker@enron.com, janet.dietrich@enron.com, meredith.

Subject: EES VaR Report for 05-24-01

Cc:

Bcc:

Date: Fri, 25 May 2001 01:47:00 -0700 (PDT)

The EES VaR for today is $5.1 million, down from $5.9 million yesterday, due
primarily to NP and SP short trades.