Message-ID: <30990187.1075849835820.JavaMail.evans@thyme>
Date: Wed, 27 Dec 2000 07:11:00 -0800 (PST)
From: cassandra.schultz@enron.com
To: chris.abel@enron.com, shona.wilson@enron.com, kenneth.thibodeaux@enron.com, 
	michael.benien@enron.com, sally.beck@enron.com, 
	homan.amiry@enron.com, suzanne.bain@enron.com, 
	lloyd.fleming@enron.com, oliver.gaylard@enron.com, 
	jitendra.patel@enron.com, michael.pitt@enron.com, 
	matthew.adams@enron.com, naveen.andrews@enron.com, 
	minal.dalia@enron.com, lacrecia.davenport@enron.com, 
	xochitl.figueroa@enron.com, vladimir.gorny@enron.com, 
	bjorn.hagelmann@enron.com, frank.hayden@enron.com, 
	andy.knight@enron.com, christian.lebroc@enron.com, 
	ted.murphy@enron.com, nick.paraschos@enron.com, 
	manfred.roenz@enron.com, john.suttle@enron.com, 
	veronica.valdez@enron.com, sunil.dalal@enron.com, 
	frank.economou@enron.com, rebecca.phillips@enron.com, 
	monica.reasoner@enron.com, ding.yuan@enron.com, 
	rudi.zipter@enron.com, bharat.khanna@enron.com, 
	darin.schmidt@enron.com
Subject: Summary of Changes to Trading Limits 12/7 - 1/6
Cc: david.port@enron.com, ted.murphy@enron.com, rick.buy@enron.com
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X-From: Cassandra Schultz
X-To: Chris Abel, Shona Wilson, Kenneth Thibodeaux, Michael Benien, Sally Beck, Homan Amiry, Suzanne Bain, Lloyd Fleming, Oliver Gaylard, Jitendra Patel, Michael Pitt, Matthew Adams, Naveen Andrews, Minal Dalia, LaCrecia Davenport, Xochitl Figueroa, Vladimir Gorny, Bjorn Hagelmann, Frank Hayden, Andy Knight, Christian LeBroc, Ted Murphy, Nick Paraschos, Manfred Roenz, John Suttle, Veronica Valdez, Sunil Dalal, Frank Economou, Rebecca Phillips, Monica Reasoner, Ding Yuan, Rudi Zipter, Bharat Khanna, Darin Schmidt
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The purpose of this memo is to provide a one page summary of the various 
e-mails  you have already received regarding changes to trading limits since 
the last regularly scheduled BOD meeting on 12/7 through the last Executive 
Committee of the BOD meeting on 12/21.  The following limits are in effect 
with anticipated changes  highlighted in red.  Of course these could again 
change given market conditions, and Ted/Rick and Skilling may decide to 
re-allocate some or all of the $17MM of Discretionary VaR on 1/6/01.

Trading Days: 12/7/00 - 12/27/00 12/28/00 - 12/31/00 1/1/01 - 1/05/01  1/6/01 
forward

VaR Limits:

EES NA  $7MM   $7MM   $7MM  $5MM 

NA Gas  $110MM  $70MM   $70MM  $60MM 

UK Power  $20.3MM  $20.3MM  $18.95MM $13.95MM 

Agg Enron  $140MM  $100MM  $100MM $83MM

Unallocated
Discretionary VaR    $0MM   $0MM   $0MM  $17MM


NOP limits with scheduled changes in temporary limits:

UK Power  68 Twh   68 Twh   59.5 Twh 59.5 Twh 

European Gas 260 Bcf   260 Bcf   60 Bcf  60 Bcf 

Regards,
Cassandra.