Attached is Exhibit 1 to the Support Agreement.  This is the entire list of
Basis Trades in place with Enron.  Please let me know if you have any
questions or comments.  Subject to your sign off on this Exhibit and receipt
of your countersignatures, we are from PGET's perspective complete.
Assuming that we will not receive your countersignatures and sign off until
tomorrow, we are sending you the Support Agreement dated today but providing
that the capacity release will take place tomorrow.  Consequently, we will
need one more forebearance through tomorrow.

Peter

-----Original Message-----
From: Morris, Alex
Sent: Thursday, April 19, 2001 4:58 PM
To: Meier, Peter
Subject: Enron_Exposure.xls



 <<Enron_Exposure.xls>>


PG&E National Energy Group and any other
company referenced herein that uses the PG&E name or
logo are not the same company as Pacific Gas and
Electric Company, the regulated California utility.  Neither
PG&E National Energy Group nor these other
referenced companies are regulated by the California Public
Utilities Commission.  Customers of Pacific Gas and Electric Company
do not have to buy products from these companies in order
to continue to receive quality regulated services from the utility.

 - Enron_Exposure.xls