fyi.  We are hoping to get together at 900 to continue to work on our interim 
gameplan.  I don't know the location yet.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/27/2001 06:59 
AM ---------------------------


Lloyd Will@ECT
04/26/2001 07:59 PM
To: Tom May/Corp/Enron@Enron, Reagan Rorschach/Enron@EnronXGate, David 
Fairley/Enron@EnronXGate, Kay Mann/Corp/Enron@Enron, Jim Homco/HOU/ECT@ECT, 
Kayne Coulter/HOU/ECT@ECT, Jeffrey Miller/NA/Enron@Enron
cc:  

Subject: Liability Calc

Attached is a spread sheet that can be used to calculate our exposure for the 
month of MAY.

Notes:

I do not have Yazoo's load so I used 80% of Clarksdale as a proxy.

I created a energy model that used a 10.5 heat rate and $5.20 gas.

The SEPA energy was not included and no cost for startups.

Looks like worst case we would be exposed for roughly One Million for May.

I can refine the model more if required.