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

CP:  Williams Energy Marketing & Trading
Deal No: 775595.1
EOL No: 1859565
Deal Date:  9/14/2001
Deal Specifics:  EPMI to buy 50MW Off-Peak Power from Cinergy for Calendar Year 2004. 
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MWs Off-Peak
Price:  $22.25
Delivery Point:  Cinergy
Trader/Mid-Marketer:  Fletch Sturm
Credit Reserve Amount:  $23,000 (twenty-three thousand US dollars)

CP:  Williams Energy Marketing & Trading
Deal No: 775263.1
EOL No: 1858493
Deal Date:  9/14/2001
Deal Specifics:  EPMI to buy 50MW Off-Peak Power from Entergy for Calendar Year 2004. 
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MWs Off-Peak
Price:  $21.00
Delivery Point:  Entergy
Trader/Mid-Marketer:  Mike Carson
Credit Reserve Amount:  $23,000 (twenty-three thousand US dollars)

CP:  Williams Energy Marketing & Trading
Deal No: 775260.1
EOL No: 1858473
Deal Date:  9/14/2001
Deal Specifics:  EPMI to buy 50MW Off-Peak Power from Entergy for Calendar Year 2004. 
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MWs Off-Peak
Price:  $21.00
Delivery Point:  Entergy
Trader/Mid-Marketer:  Mike Carson
Credit Reserve Amount:  $23,000 (twenty-three thousand US dollars)

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

Please call w/any questions.

Kortney
x30616