Tx. I often wonder if all reserve amounts agreed to find there way to the general ledger reserve. Rick

 -----Original Message-----
From: 	Conwell, Wendy  
Sent:	Friday, October 12, 2001 9:06 AM
To:	Buy, Rick
Cc:	Bradford, William S.
Subject:	RE: October Reserve Addition - Alberta Direct # 802844

Bill Bradford quoted the reserve to Derek Davies prior to the deal being booked and Derek informed me that once the deal was book they sent the requested amount.  I will call Kathy Reeves in Calgary to confirm.  Should you have any other questions or concerns, please feel free to contact me.

Thanks
Wendy  

 -----Original Message-----
From: 	Buy, Rick  
Sent:	Friday, October 12, 2001 8:50 AM
To:	Conwell, Wendy
Subject:	RE: October Reserve Addition - Alberta Direct # 802844

Why would they already have received "funds". Rick

 -----Original Message-----
From: 	Conwell, Wendy  
Sent:	Thursday, October 11, 2001 6:12 PM
To:	Bradford, William S.; Buy, Rick; Evans, Casey; Hardy, Trey; Lewis,  Jon Paul; Reasoner, Monica; Rohauer, Tanya; Vinson, Donald Wayne; White, Stacey W.; Brown, Kortney; Ngo, Tracy; Radous, Paul; Rance, Susan; Sacks, Edward
Cc:	Davies, Derek; Biever, Jason; Zufferli, John
Subject:	October Reserve Addition - Alberta Direct # 802844

Please note the following addition to the credit reserve for October 2001:

CP:  Alberta Direct - Hedges (for Federated Co-operatives Limited)
Deal No: 802844
Deal Date:  10/03/01
Deal Specifics:  ECC sells financial swap to CP
Term:  1/1/2002 thru 12/31/2007
Volume:  9.44188 MW/h, 7x24
Price:  Fixed $67.044 CAD
Region:  Alberta Power Pool
Trader/Mid-Marketer:  John Zufferli/Derek Davies
Credit Reserve Amount:  $175,000 CAD

RAC: transaction confirmed under 9/4/01 ISDA Master Agreement between ECC and Enron Direct Canada Corp

You should have already received these funds.  Please call me with any questions or comments.

Thank you
Wendy Conwell