Please note the following addition to the domestic credit reserve for September 2001:

CP:  Williams Energy Marketing & Trading
Deal No: 773737.1
EOL No: 1852957
Deal Date:  9/13/2001
Deal Specifics:  EPMI to buy 50MW On-Peak Power from Cinergy for Calendar Year 2004. 
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MWs On-Peak
Price:  $36.00
Delivery Point:  Cinergy
Trader/Mid-Marketer:  Fletch Sturm
Credit Reserve Amount:  $20,000 (twenty thousand US dollars)

RAC: transaction confirmed under Executed EEI dated 2/1/1997.

Please call w/any questions.

Kortney
x30616