[PEROT SYSTEMS CORPORATION LETTERHEAD] Charles N. Bell Associate General Counsel Direct Dial: (972) 383-5615 Facsimile: (972) 383-5735 Email: chuck.bell ps.net 9 February 1998 VIA FAX: 202/ 393-5760 Skadden, Arps, Slate, Meagher & Flom LLP Attn: Martin R. Hoffman 1440 New York Avenue, N.W. Washington, D.C. 20005-2111 Re: California Independent System Operator Dear Marty: On November 26, 1997, Perot Systems Corporation proposed to take certain steps to address concerns raised by Mr. Jeffrey Tranen of the California Independent System Operator Corporation with respect to our consulting services. We have not received a response to our letter, but wish to assure Mr. Tranen of our continued commitment to act in an ethically responsible manner. Accordingly, pending a complete resolution of the issues raised by Mr. Tranen, Perot Systems will continue to use a disclaimer in its sales and marketing presentations involving the California energy market deregulation that is substantially similar to that proposed in our November 26, letter. If you have any questions regarding this matter, please call me at 972/383-5615 at your earliest convenience. Sincerely /s/ Charles N. Bell cc: Jeffrey D. Tranen California Independent System Operator Corporation Andy Goletz Ron Nash Ken Scott Ed Smith Page 5 of 5