Vince,

Greetings.

1.  Per our communications earlier this year, you had agreed to participate
in a Feb. 22 panel discussion entitled "Future of Energy Trading."

We have now revised the format of the above Conference, so that our current
planning is this:  On 2/22, from 2 - 5 p.m., at the McCombs School of
Business, we will have a panel discussion that will focus on
"Enron/Andersen:  Causes, Consequences and Conclusions."  We will invite
faculty, Energy Finance Group students, other students, other
practitioners, and possibly members of the press.

I write to inquire whether your earlier receptiveness to participating in a
panel discussion extends to this newly-defined topic.

2.  Alternatively, you had mentioned the possibility of coming to Austin in
early-to-mid Feb. to discuss matters with a smaller group.  I also seek to
discuss that matter with you.

I would like to call you this afternoon to discuss these two issues.  Best,
Ehud