DPR - what it consists of, where it is going

Just remember that the DPR is used as an accounting tool as well. despite my
constant reminders that it is a tool for reporting daily trading results and
positions against board approved limits. So do approach this as
fact-finding; and then I would suggest reviewing any recommendations that you
may have with Wes Colwell and the RAC group before any changes are made.

Looks like a good group. I hope that all will attend and participate. Did
Pam do some due diligence for you before sending this e:mail so that you know
this date and time works for everyone?

Keep me posted on progress. --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 02/20/2001 05:59 PM
---------------------------

Enron North America Corp.

From: Shona Wilson @ ENRON 02/20/2001 02:46 PM

To: Jeffrey C Gossett/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT, Michelle
Bruce/HOU/ECT, Scott Earnest/HOU/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Mike
Jordan/LON/ECT@ECT, James New/LON/ECT@ECT, D Todd Hall/HOU/ECT, Peggy
Hedstrom/CAL/ECT@ECT, Kathy Reeves/CAL/ECT@ECT, Cindy Horn/LON/ECT@ECT,
Brenda F Herod/HOU/ECT, Michael E Moscoso/HOU/ECT, Barry Pearce/Enron
Communications@Enron Communications, Kristin Albrecht/Enron
Communications@Enron Communications, Scott Mills/HOU/EES@EES, Meredith M
Eggleston/HOU/EES@EES, Susie Ayala/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Beth Apollo/HOU/ECT@ECT, Brent A
Price/HOU/ECT@ECT, Chris Abel/HOU/ECT@ECT
Subject: DPR - what it consists of, where it is going

I would like you to join me in discussing the DPR, this Thursday at 9:30am.
Topics I would like to discuss are:

what is currently reported in the DPR (accrual vs mtm)
company/location groups - what we are currently not capturing
relationship with the risk policy
Economic vs earnings risk - what should be captured

I strongly encourage you to attend as your input will be very valuable in
helping us determine how we should go forward. Please let Pamela Sonnier
(X37531) know whether you can attend or not.

Thanks

Shona