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

CP:  Talisman Energy Inc.
Deal No: 796307.1 
Deal Date:  9/28/2001
Deal Specifics:  ECC sells financial swap to CP
Term:  1/1/2002 thru 12/31/2010
Volume:  2MW/h, 7x24
Price:  Fixed $38.95
Region:  Alberta Power Pool
Trader/Mid-Marketer:  John Zufferli/Derek Davies
Credit Reserve Amount:  $65,000 CAD

RAC: transaction confirmed under 1/1/99 ISDA Master Agreement between ECC and Talisman Energy Inc.

Please call w/any questions.

Thanks,
Ed Sacks