ED Holland visit on June 6

Jim Steffes asked me to develop some talking points for your meeting with Ed
Holland on June 6. Attached is a short list of talking points that cover
the high level issues we have with Southern at this point and some key
questions we would like answered.

I have also attached a background paper on the key Southern personnel we deal
with on the RTO, including Ed Holland. This paper also discusses some of the
major positions Southern has taken that you should be aware of for your
meeting.

In addition, I have attached a chronology of the SE Trans development that
gives you a quick overview of the major steps that have taken place,
including those in starting a collaborative group for both SE Trans and
GridSouth.

When Ed requested the meeting with you, he knew I was discussing a meeting
between Enron and two of his key executives concerning the SE Trans
development. My best guess is that he is coming to see you about the
activities of the collaborative group we are working with.

I am sure I have told you more about Southern than you wanted to know, but If
you have any questions about this information or would like to discuss any of
it, please call me (205-516-4591).