Please note the following additions to the domestic credit reserve for September 2001:  CP:  Morgan Stanley Capital Group Inc. Deal No: 774674.1 EOL No: 1855290 Deal Date:  9/14/2001 Deal Specifics:  EPMI to buy 50MW On-Peak Power from Cinergy for Calendar Year 2004.
Term:  1/1/2004 thru 12/31/2004 Volume:  50 MWs On-Peak Price:  $38.25 Delivery Point:  Cinergy Trader/Mid-Marketer:  Fletch Sturm Credit Reserve Amount:  $20,000 (twenty thousand US dollars)  CP:  Morgan Stanley Capital Group Inc. Deal No: 773376.1 EOL No: 1852188 Deal Date:  9/13/2001 Deal Specifics:  EPMI to buy 50MW Off-Peak Power from Cinergy for Calendar Year 2004.
Term:  1/1/2004 thru 12/31/2004 Volume:  50 MWs Off-Peak Price:  $21.75 Delivery Point:  Cinergy Trader/Mid-Marketer:  Fletch Sturm Credit Reserve Amount:  $23,000 (twenty-three thousand US dollars)  CP:  Morgan Stanley Capital Group Inc. Deal No: 772602.1 EOL No: 1848996 Deal Date:  9/13/2001 Deal Specifics:  EPMI to buy 50MW Off-Peak Power from Cinergy for Calendar Year 2004.
Term:  1/1/2004 thru 12/31/2004 Volume:  50 MWs Off-Peak Price:  $21.50 Delivery Point:  Cinergy Trader/Mid-Marketer:  Fletch Sturm Credit Reserve Amount:  $23,000 (twenty-three thousand US dollars)   RAC: transaction confirmed under Executed EEI dated 7/1/1997.
Please call w/any questions.
Kortney x30616

Morgan Stanley Cal 04 Reserve for EOL

Please note the following additions to the domestic credit reserve for September <NUMBER>: CP: Morgan Stanley Capital Group Inc. Deal No: <NUMBER> EOL No: <PHONE> Deal Date: <NUMBER>/<NUMBER>/<NUMBER> Deal Specifics: EPMI to buy 00MW On-Peak Power from Cinergy for Calendar Year <NUMBER>.
Term: <NUMBER>/<NUMBER>/<NUMBER> thru <NUMBER>/<NUMBER>/<NUMBER> Volume: <NUMBER> MWs On-Peak Price: <CUR><NUMBER> Delivery Point: Cinergy Trader/Mid-Marketer: Fletch Sturm Credit Reserve Amount: <CUR><NUMBER> (twenty thousand US dollars) CP: Morgan Stanley Capital Group Inc. Deal No: <NUMBER> EOL No: <PHONE> Deal Date: <NUMBER>/<NUMBER>/<NUMBER> Deal Specifics: EPMI to buy 00MW Off-Peak Power from Cinergy for Calendar Year <NUMBER>.
Term: <NUMBER>/<NUMBER>/<NUMBER> thru <NUMBER>/<NUMBER>/<NUMBER> Volume: <NUMBER> MWs Off-Peak Price: <CUR><NUMBER> Delivery Point: Cinergy Trader/Mid-Marketer: Fletch Sturm Credit Reserve Amount: <CUR><NUMBER> (twenty-three thousand US dollars) CP: Morgan Stanley Capital Group Inc. Deal No: <NUMBER> EOL No: <PHONE> Deal Date: <NUMBER>/<NUMBER>/<NUMBER> Deal Specifics: EPMI to buy 00MW Off-Peak Power from Cinergy for Calendar Year <NUMBER>.
Term: <NUMBER>/<NUMBER>/<NUMBER> thru <NUMBER>/<NUMBER>/<NUMBER> Volume: <NUMBER> MWs Off-Peak Price: <CUR><NUMBER> Delivery Point: Cinergy Trader/Mid-Marketer: Fletch Sturm Credit Reserve Amount: <CUR><NUMBER> (twenty-three thousand US dollars) RAC: transaction confirmed under Executed EEI dated <NUMBER>/<NUMBER>/<NUMBER>.
Please call w/any questions.
Kortney x00000
00mw peak power credit reserve september buy note following additions thousand dollars rac cinergy number delivery specifics epmi stanley dated