Subject: FW: PX ISO information for claim
From: [email-masked]
To: [email-masked], [email-masked], [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Tue, 10 Jul 2001 13:57:32 -0700 (PDT)

Two items: 

1) Tracy Ngo called to elaborate on the six offsets referenced in footnotes C, F & H which total $1,002,430.57.    The collateral referenced in the spreadsheet is gross or prior to these offsets.    I adjusted the collateral and overcollateralization downward to reflect these offsets in the table immediately below.
2) The $36 million in collateral for the CAISO displayed reflects collateral for ongoing scheduling coordinator activities.   EMPI must maintain this going forward.

Counterparty     Enron entity        Receivable       Payable      Collateral   Overcollateralization

CAISO               EPMI            $ 41,504,394        -              -                  -
CAISO          Portland General     $ 62,146,889        -              -                  -
PX                  EPMI            $  9,107,110   $21,744,685    $146,358,357      $124,613,672
PX             Portland General     $  7,694,035        -              -                  -
                                    ============   ===========    ============      ============
Total                               $120,452,429   $21,744,685    $146,358,357      $124,613,672

 -----Original Message-----
From: 	Tribolet, Michael  
Sent:	Tuesday, July 10, 2001 3:04 PM
To:	[email-masked]'; [email-masked]'; [email-masked]'
Cc:	Ngo, Tracy; Bradford, William S.; Mellencamp, Lisa; Sanders, Richard B.; Tribolet, Michael; Conwell, Wendy
Subject:	PX ISO information for claim

Attached is the backup for our PX and ISO positions.   A summary is below:

Counterparty     Enron entity        Receivable       Payable      Collateral   Overcollateralization

CAISO               EPMI            $ 41,504,394        -         $ 36,000,000      $ 36,000,000
CAISO          Portland General     $ 62,146,889        -              -                  -
PX                  EPMI            $  9,107,110   $21,744,685    $147,360,788      $125,616,103
PX             Portland General     $  7,694,035        -              -                  -
                                    ============   ===========    ============      ============
Total                               $120,452,429   $21,744,685    $183,360,788      $161,616,103

Regards,

Michael Tribolet
713 853-3820