FW: ISO Credit

FYI..MO

-----Original Message-----
From: Mara, Susan
Sent: Thursday, August 02, 2001 11:45 AM
To: Comnes, Alan; Blair, Kit; O'Neil, Murray P.; 'ray.alvarez@enron.com'; Ngo, Tracy; Foster, Chris H.; Belden, Tim; Yoder, Christian; Hall, Steve C.
Subject: ISO Credit

The below message may indicate that the ISO is no longer able to pay people. I'll check with IEP to see if they will be willing to send the letter.
-----Original Message-----
From: CRCommunications [mailto:CRCommunications@caiso.com]
Sent: Wednesday, August 01, 2001 4:14 PM
To: SC Settlements Contacts
Cc: ISO Market Participants; Epstein, Michael
Subject: CAISO Communication: May 2001 Preliminary Settlement Statement
(PSS) Invoices - Deferral of May Preliminary Cash Distribution to May
Final

IMPORTANT NOTICE
May Preliminary Market Invoice Cash Distribution Deferral

Due to the market reruns and potentially large final adjustments, the ISO does not expect to make cash distributions based on preliminary invoices for May.
The proceeds will be held and included in the cash distributions based on the May final invoices the week of August 20th.

Client Relations Communication
CRCommunications@caiso.com