Enron Mail

To:louise.kitchen@enron.com, greg.whalley@enron.com
Subject:ICE Sets One-day Trading Record of Over 2 Million MWhs
Date:Mon, 20 Nov 2000 02:01:00 -0800 (PST)

FYI on nov. 17 2000 we did 5,400,00 MWH's. However it does bear watching.
---------------------- Forwarded by Andy Zipper/Corp/Enron on 11/20/2000
09:59 AM ---------------------------

"Anna Couch" <acouch@intcx.com< on 11/17/2000 01:21:01 PM
To: andy.zipper@enron.com

Subject: ICE Sets One-day Trading Record of Over 2 Million MWhs


November 17, 2000

IntercontinentalExchange Sets One-day Trading Record of Over 2 Million MWhs
* "The ICE" trading volumes growing rapidly since launch

Atlanta, GA (November 17, 2000) IntercontinentalExchange, a leading
marketplace for over-the-counter (OTC) energy and metals products, announced
today that it traded more than 2 million megawatt-hours yesterday (Thursday),
only one month after going live with its energy complex.

ICE trading volumes have been growing rapidly since the launch of energy
trading on October 12 and precious metals on August 24. As of November 16,
"The ICE" has traded 15 million gold and gold equivalent ounces; 150 million
barrels of crude and refined oil derivatives, 800 million mmBTUs (million
British Thermal Units) of natural gas and natural gas derivatives, and 22
million megawatt-hours of firm power (as of close of trading November 16).

The total notional value for all OTC products traded to date on "The ICE" is
over $13 billion. ICE participation continues to expand at a rapid rate and
currently includes 85 of the world's largest energy and financial commodity

About IntercontinentalExchange

IntercontinentalExchange is an internet-based electronic marketplace founded
in March of this year by leading U.S. and European financial institutions and
energy and natural resource firms. Based in Atlanta (and with offices in
New York, Houston, and London), this electronic exchange is taking the
technological revolution that occurred in international financial markets and
extending it into global commodity markets. As a result, you can now trade
commodities products around the clock and around the world every single day
of the business week.

IntercontinentalExchange's partners include, American Electric Power, Aquila
Energy (a unit of UtiliCorp United), BP, Deutsche Bank AG, Duke Energy, El
Paso Energy, Goldman Sachs, Morgan Stanley Dean Witter, Reliant Energy, Royal
Dutch/Shell Group, SG Investment Banking, Southern Energy Inc., Totalfina
Elf, and Continental Power Exchange -- which provided the trading technology
and management team. For more information about IntercontinentalExchange,
please visit the website at www.intercontinentalexchange.com.



Dorien van Boven/JoAnn Healy, Trimedia Inc.
Tel. (212) 888-6115 Ext. 231/226
Dorien@Trimediapr.com /JoAnn@Trimediapr.com