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

CP:  Morgan Stanley Capital Group Inc.
Deal No: 768891.1
EOL No: 1838461
Deal Date:  9/10/2001
Deal Specifics:  EPMI to sell 50MW On-Peak Power into SOCO for Calendar Year 2004. 
Term:  1/1/2004 thru 12/31/2004
Volume:  50 MWs On-Peak
Price:  $35.15
Delivery Point:  SOCO
Trader/Mid-Marketer:  Kevin Presto
Credit Reserve Amount:  $20,000 (twenty thousand US dollars)

RAC: transaction confirmed under Executed EEI dated 7/1/1997.


Please call w/any questions.

Kortney
x30616