Subject: Termination Letters Sent 3/8/02 -DRAFT-
From: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked]
Date: Fri, 8 Mar 2002 11:16:20 -0800 (PST)

We are in the process of determining which demand letter recipients will receive termination letters today.  Several CPs have outstanding issues which we are investigating (largely claims that the amounts due have already been paid).  Based on current information, we will send termination notice to the following CPs.  Their MTM value is included, as this amount will shift from "live" to "terminated."

Counterparty			$MTM (millions)
-----------------------------		-------
Johns Manville Int'l.		$8.6
Kerr-McGee En. Servs. Corp.	$3.6
Virginia Power			$9.3
Whirlpool Corp.			$0.2
	Total			$21.7

Please note that this list may change over the course of the day as we continue our research and issue resolution on each CP.  Additionally, the MTM values may be different once the positions are valued at the appropriate termination date.

Don, the above is slightly different from the CPs I provided verbally earlier today.

Louis R. DiCarlo
ENA Gas Structuring
Phone: 713-345-4666
Email: [email-masked]