MEMORANDUM


TO: Regulatory Affairs Committee
      Power Marketing Working Group

FROM: Jim Steffes, Regulatory Affairs Committee Chair
            Bob Reilley, Power Marketers Working Group Chair
            Julie Simon, Vice President of Policy

DATE: December 21, 2001
RE: December 26th Regulatory Affairs Conference Call -
      CANCELED

We will not hold our weekly Regulatory Affairs conference call on Wednesday, December 26th due to the holiday.  We will resume our regular schedule on Wednesday, January 2, 2002, at 3:30 p.m. (EST).