Don:

In addition to the below, I'd like to mention another important update which
I inadvertently omitted.

TNE is actively expanding to Off-Peak markets and continues to provide high
quality service in the hourly market indices.  We have enhanced (expanding
via. overnight reporting team) and shifted our publishing time from
mid-morning to 6:00am allowing the hourly traders the "early bird-first
look".  The upside of these positive changes is obvious.

Again, I look forward to speaking with you the week of August 13th.

Chuck Kaniuka
Director-Sales
215-504-4288, ext. 217


-----Original Message-----
From: Chuck Kaniuka [mailto:chuck.kaniuka@ipgdirect.com]
Sent: Thursday, July 26, 2001 1:29 PM
To: Don.Baughman@Enron.com
Cc: Anna.Santucci@Enron.com
Subject: Re: Enron/TradersNews Energy-Developments


Don:

It was nice meeting you on the phone today.  I appreciate the time you
extended to me and
it was great to hear your interest in our power indexes/historical data as
applicable to your departmental needs.

As we discussed, I am pleased to mention, the growth and market penetration
of TNE is rapidly increasing.  In fact, over the last couple of weeks a
sampling of our contractual successes include:

A. Enron-specifically named license (3 users only) used for back office
accounting functions
    (note, this license is not for distribution and for WEB access and
indices only)
B  Top three (3) eastern power marketer serving over 43 million
homes/businesses
C. Top 10 energy company that handles approx. $250 billion in energy
transactions per year
   while producing 141.3 million physical MWh in 2000.

As mutually agreed upon, I will contact you the week of August 13th (upon my
return from business trips & vacation) to further discuss your requirements
in more detail.  We look forward to growing and expanding our relationship
with Enron and your department.  Thank you.

Chuck Kaniuka
Director-Sales
215-504-4288, ext. 217