ISO Market Participants:

  Final invoices for November 2000 were sent to market
participants by the ISO on  February 14, 2001. Cash clearing is scheduled
for February 22, 2001.

  We are reviewing our current procedures, and will advise
parties by 1pm on Wednesday February 21 of any changes to be implemented
with the scheduled February 22, 2001 cash clearing.

  Phil Leiber
  Dir. Financial Planning & Treasurer
  California ISO
  916 351-2168
  916-351-2259 (fax)