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

CP:  PG&E Energy Trading - Power, L.P.
Deal No: 806688 & 806689
EOL No: 1972890 & 1972891
Deal Date:  10/5/2001
Deal Specifics:  Sale / Buy (Basis)
Term:  1/1/2005 thru 12/31/2005
Volume:  50 MW/h Peak
Delivery Points:  Cinergy / Into TVA
Trader:  Fletch Sturm
Credit Reserve Amount:  $8,000 (eight thousand US dollars)


CP:  PG&E Energy Trading - Power, L.P.
Deal No: 806685 & 806686
EOL No: 1972884 & 1972885
Deal Date:  10/5/2001
Deal Specifics:  Sale / Buy (Basis)
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MW/h Peak
Delivery Points:  Cinergy / Into TVA
Trader:  Fletch Sturm
Credit Reserve Amount:  $8,000 (eight thousand US dollars)


Comments or questions, please reply.

Ed Sacks