fas 133 working group meeting energy issues 9 20 dear working group participant stating garp fas 133 working group meetings next meeting wednesday september 20 6 30 8 30 central time houston phone provided greetings garp next meeting september 20 th enron 6 30 pm 8 30 pm due security need everyone rsvp including names guest may bringing please rsvp rita hennessy enron com meeting cover sfas 133 related risk management issues sajjad rizvi phillip merrill garp chairman relating sfas 133 presenting attendence anticipated include risk control accounting quantitative analyst following agenda fasl 33 beyond update sfas 138 eitf 98 10 overview 4 major amendments sfas 133 made 138 accounting certain derivative instruments certain hedging activities impact expanded definition normal purchase normal sales commodity transactions update recently finalized implementation issues dig since last garp meeting may june 2000 discussion eitf 98 10 issues energy related contracts eitf 00 capacity contract subject lease accounting treatment sfas 13 eitf 96 17 power contracts long term eitf 91 6 power contracts long term outline garp role methodology dealing fasb regarding energy related issues overview fasb dig rule making process garp make impact discussion find common ground issues relating new accounting rule outstanding issues energy industry including capacity sales transactions book outs etc prioritizing issues explore various positions take next steps issues presented sfas 133 dynamic presenters requested would like particular issue raised meeting please direct interests questions sajjad rizvi lima flash net call sajjad 281 579 3410 would like extend thank presenters look forward attendence regards frank hayden director garp houston chapter