MAY 1, 2000

- Talked to Tracy Ngo regarding NEVI's credit/master agreement.  She said there was no update.  Left two messages for Greg Kosier with Nevi.  Talked to Greg and he said that AES posts bonds and parental guarantees and have done quite a bit (millions).  Now enron wants an lc, tbills, or cash.  AES is not willing to post thes types of credit.  MY JOB:  find out from Tracy Ngo what AES line of credit is, the type of credit that they have and what their expectations are at this point.  Also find out what agreements we have in place to do business.

MAY 9, 2000