Today we released additional information about our related party and off-balance sheet transactions.  We have made this information available both on our website and in a Form 8-K filing with the Securities and Exchange Commission (SEC).

The information provides further details about:

	-- the $1.2 billion charge to shareholders' equity announced in the third quarter and the transactions related to that charge;
	-- a restatement of prior years' financial statements to reflect this reduction in shareholders' equity, the consolidation of     three entities and prior year proposed audit adjustments and reclassifications;
	-- the Special Committee appointed by the Enron Board of Directors to review transactions between Enron and related parties;
	-- the LJM limited partnerships, including a discussion of transactions between Enron and LJM entities; and
	-- transactions between Enron and other Enron employees.

This information addresses a number of concerns that have been raised by our shareholders and the SEC.  As our Board's new Special Committee continues its review of various matters, we will continue to cooperate fully with the SEC in its investigation, and we will continue to respond to investor requests so that they can evaluate, appreciate and appropriately value the strength of our core businesses.

Restatement of Earnings

Based on information that we have recently obtained, Enron and its auditors determined that certain off-balance sheet entities should have been included in Enron's consolidated financial statements pursuant to generally accepted accounting principles.  As a result, Enron will restate its financial statements from 1997 to 2000 and for the first and second quarters of 2001.  These restatements have no material effect on Enron's current financial position.  Here are some details included in the filing:

Net income for each period will be impacted by the retroactive consolidation of Joint Energy Development Investments (JEDI) and Chewco beginning in November 1997, the consolidation of an LJM1 subsidiary for 1999 and 2000 and prior year proposed audit adjustments.  Enron's current assessment indicates that the restatement will include:

	-- a reduction of approximately $96 million in 1997
	-- a reduction of approximately $113 million in 1998
	-- a reduction of approximately $250 million in 1999
	-- a reduction of approximately $132 million in 2000
	-- an increase of approximately $17 million for the first quarter of 2001
	-- an increase of approximately $5 million for the second quarter of 2001
	-- a reduction of $17 million for the third quarter of 2001.

The consolidation of JEDI and Chewco also will increase Enron's debt by approximately $711 million in 1997, $561 million in 1998, $685 million in 1999 and $628 million in 2000.

The restatement will have no material impact on Enron's reported earnings for the nine-month period ending September 2001.

You can obtain more detailed information on the items described above by accessing the Form 8-K filing at <http://www.enron.com/corp/sec/>.

We will continue to review our strategic, operational and financial position, and we will continue to keep you updated on any developments.


Partnership Spurs Enron Equity Cut --- Vehicle Is Connected To Financial Officer
The Wall Street Journal, 10/18/01
Suit alleges conflict of interest at Enron
Houston Chronicle, 10/18/01
Enron Shareholder Sues Over Partnerships Run By CFO (Update2)
Bloomberg, 10/17/01

Analysts vent anger at 'hidden' Enron charge.
Financial Times - FT.com, 10/18/01
Enron Says Its Links to Partnership Led to $1.2 Billion Equity Reduction
Dow Jones Business News, 10/18/01
Markets Ford's Financial Fine-Tuning Leads to $692 Million Loss in 3rd Quarter Earnings: Sales incentives, production cutbacks hit company hard. CEO plans reorganizational moves.
Los Angeles Times, 10/18/01
UK: ANALYSIS-LME members survey hard choices ahead.
Reuters English News Service, 10/18/01
Maharashtra to challenge London court order on DPC
The Economic Times, 10/18/01
India: Enron: Maharashtra to move London court in a week
Business Line (The Hindu), 10/18/01
India: GAIL keen on Dabhol LNG terminal project
Business Line (The Hindu), 10/18/01
FERC To Discuss Possible Changes To West Pwr Price Caps
Dow Jones Energy Service, 10/17/01

Partnership Spurs Enron Equity Cut --- Vehicle Is Connected To Financial Officer
By Rebecca Smith and John R. Emshwiller
Staff Reporters of The Wall Street Journal

10/18/2001
The Wall Street Journal
C1
(Copyright (c) 2001, Dow Jones & Company, Inc.)

Enron Corp. shrank its shareholder equity by $1.2 billion as the company decided to repurchase 55 million of its shares that it had issued as part of a series of complex transactions with an investment vehicle connected to its Chief Financial Officer Andrew S. Fastow.
Enron didn't disclose the big equity reduction in its earnings release issued on Tuesday, when the Houston-based energy giant announced a $1.01 billion charge to third-quarter earnings that produced a $618 million loss. But the company briefly mentioned it in a subsequent call with security analysts and confirmed it in response to questions yesterday. As a result of the reduction, Enron's shareholder equity has dropped to $9.5 billion, the company said.
In an interview Tuesday, Enron Chairman Kenneth Lay said that about $35 million of the $1.01 billion charge to earnings was related to transactions with LJM2 Co-Investment LP, a limited partnership created and run by Mr. Fastow. In a conference call yesterday with investors, Mr. Lay said that the 55 million shares had been repurchased by Enron, as the company "unwound" its participation in the transactions. In the third quarter, the company's average number of shares outstanding was 913 million.
According to Rick Causey, Enron's chief accounting officer, these shares were contributed to a "structured finance vehicle" set up about two years ago in which Enron and LJM2 were the only investors. In exchange for the stock, the entity provided Enron with a note. The aim of the transaction was to provide hedges against fluctuating values in some of Enron's broadband telecommunications and other technology investments. Mr. Causey didn't elaborate on what form those hedges took.
Subsequently, both the value of Enron's stock and the value of the broadband investments hedged by the entity dropped sharply. As a result, Enron decided essentially to dissolve the financing vehicle and reacquire the shares. When Enron reacquired the shares, it also canceled the note it had received from the entity.
In addition, Enron was receiving increasing criticism from analysts and major shareholders concerning the apparent conflict of interest involving the role of its chief financial officer in the partnership, from which he stood to make millions of dollars. In July, Mr. Fastow formally severed his connections to LJM. Mr. Fastow has declined to be interviewed.
Given all the complexities of the LJM-related financing vehicle and the questions it raised outside the company, "the confusion factor wasn't worth the trouble of trying to continue this," Mr. Causey said.
Enron downplayed the significance of the share-reduction exercise. Mark Palmer, an Enron spokesman, described it "as just a balance-sheet issue" and therefore wasn't deemed "material" for disclosure purposes.
Jeff Dietret, an analyst for Simmons & Co. in Houston, said that a large reduction of equity could be "a flag for the rating agencies" because it could adversely affect a company's debt-to-equity ratio. Enron said yesterday that as a result of the equity reduction, its debt-to-equity ratio rose to 50% from 46% previously.
On Tuesday, after Enron reported its big quarterly loss, Moody's Investors Service Inc. put Enron's long-term debt on review for a possible downgrade. Moody's said the move was related to "significant write-downs and charges reflecting substantially reduced valuations" in several of Enron's businesses. In recent years, Enron had moved aggressively into broadband telecommunications and the water business, both of which failed to produce expected returns.
Enron, which as of June 30 had $33.6 billion in current liabilities and long-term debt, has lately been attempting to shed assets to pay down debt.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Oct. 18, 2001
Houston Chronicle
Briefs: Houston & state
Suit alleges conflict of interest at Enron
Enron Corp.'s board cost the company at least $35 million by allowing the chief financial officer to manage partnerships that bought Enron assets, a shareholder alleges.
Fred Greenberg filed the suit Wednesday in Harris County District Court, said his lawyer, Paul Paradis.
Chief Financial Officer Andrew Fastow's positions with two limited partnerships that bought Enron assets were a clear conflict of interest, Paradis said. The lawsuit doesn't specify which assets the partnerships bought.
The lawsuit comes a day after Enron reported $1.01 billion in third-quarter losses from failed investments.

Enron Shareholder Sues Over Partnerships Run By CFO (Update2)
2001-10-17 19:42 (New York)

Enron Shareholder Sues Over Partnerships Run By CFO (Update2)

     (Adds detail on third-quarter loss in final paragraph.)

     Houston, Oct. 17 (Bloomberg) -- Enron Corp.'s board cost the
company at least $35 million by allowing the chief financial
officer to manage partnerships that bought Enron assets, a
shareholder alleges in a lawsuit.

     Shareholder Fred Greenberg filed the suit today in Harris
County District Court in Houston, said Paul Paradis, a partner at
the law firm Abbey Gardy LLP and Greenberg's attorney. Enron is
based in Houston.

     Chief Financial Officer Andrew Fastow's positions with two
limited partnerships that bought Enron assets was a clear conflict
of interest, Paradis said. The lawsuit doesn't specify which
assets the partnerships bought.

    ``Enron directors permitted Fastow to be in the unique
position of knowing what assets were worth,'' Paradis said. ``He
was placed in the position of irreconcilable conflict that
permitted him to capitalize on Enron's proprietary information.''

     The lawsuit comes the day after Enron reported $1.01 billion
in third-quarter losses from failed investments. The Wall Street
Journal reported today that $35 million of the losses were
connected with two limited partnerships run by Fastow.

     The suit seeks damages of at least $35 million, Paradis said.
Damages would be paid to the company, probably by insurance
protecting directors from lawsuits, Paradis said.

     Enron spokesman Mark Palmer declined to comment on the
allegations.

                       Formed to Lower Debt

     The company has formed several limited partnerships that buy
its assets. This allows Enron to reduce debt so it can borrow more
money for other projects.

      The suit, citing details from today's Wall Street Journal
article, says Fastow ran two of the partnerships, LJM Cayman and
LJM2. He could have earned as much as 2 percent annually of the
total amounts the partnerships invested, the suit says. LJM Cayman
raised $16 million in initial partnership capital, while LJM2
raised at least $200 million.

     Allowing a company official to run the partnerships raises
the question of impropriety, said Andre Meade, an analyst at
Commerzbank Securities who rates Enron a ``buy'' and owns no
company shares.

                     Partnerships Not Uncommon

     Many companies create limited partnerships, Meade said, using
them for tax purposes. ``Duke Energy Corp. and Kinder Morgan Inc.
both have limited partnerships where assets are transferred,'' he
said.

      Enron also has owned a controlling interest in Whitewing
Limited Partnership. Whitewing was financed with a $1.4 billion
bond sale last year conducted by Osprey Trust, which set up the
partnership with $807 million for buying Enron assets, according
to the Osprey Trust offering memorandum.

      Whitewing has bought 14 Enron power and gas companies since
it was formed in 1999, according to the memorandum. It had sold
four of them as of September 2000. Enron said in the offering
memorandum that officers and directors of the energy trader may
serve as directors of Whitewing.

     ``Therefore the duties of the directors and officers of Enron
may conflict with the duties of the officers and directors of
Whitewing Management LLC,'' the Osprey Trust offering memorandum
says.

     Enron reported a third-quarter loss of $618 million, or 84
cents a share yesterday, compared with net income of $292 million,
or 34 cents, a year earlier. Shares of Enron fell $1.64 to $32.20
today.

Analysts vent anger at 'hidden' Enron charge.
By JULIE EARLE.

10/18/2001
Financial Times - FT.com
(c) 2001 Financial Times Limited . All Rights Reserved

Enron, the US energy trader which is under intense scrutiny by analysts who have demanded the company release more detailed financial information, on Wednesday gave details of a $1.2bn charge against equity it skipped over in its third quarter results briefing on Tuesday.
On Wednesday, Enron outlined details of a $1.01bn charge against earnings in its result, due to failed investments in its telecommunications, retail energy sales and water businesses.
Ken Lay, chairman, fleetingly mentioned a separate $1.2bn charge against equity, or a dilution of equity on the company's balance sheet, in a conference call with analysts and the media, and said it would not affect the company's credit rating.
Many analysts apparently thought this was the $1.01bn charge Mr Lay was willing to break down and to answer questions about.
Mr Lay met analysts on Wednesday in New York, but there was again no mention of the $1.2bn charge. Mr Lay apparently initially refused to answer questions from frustrated analysts. In August, after the departure of Enron's chief financial officer, Jeff Skilling, Mr Lay promised to provide more earnings transparency.
"It was unbelievable. Questions were asked and he moved around it and then finally he [Mr Lay] gave a roundabout answer. The [$1.2bn] charge was all related to the writing down of the se failed investments," one analyst said.
"They were trying to sneak it by. They already have a credibility problem and this did not help it," he said, adding that Enron never disclosed the charge's net effect and Moody's Inv estor's Services, the credit rating agency, placed Enron's $13bn of debt on hold minutes later. "We told them we felt they should have been more honest in the presentation [yesterday]."
Enron rejected criticism of the failure to fully report and explain the $1.2bn charge.
(c) Copyright Financial Times Group.
http://www.ft.com.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Enron Says Its Links to Partnership Led to $1.2 Billion Equity Reduction

10/18/2001
Dow Jones Business News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

Enron Corp. shrank its shareholder equity by $1.2 billion as the company decided to repurchase 55 million of its shares that it had issued as part of a series of complex transactions with an investment vehicle connected to its Chief Financial Officer Andrew S. Fastow, Thursday's Wall Street Journal reported.
Enron (ENE) didn't disclose the big equity reduction in its earnings release issued on Tuesday, when the Houston-based energy giant announced a $1.01 billion charge to third-quarter earnings that produced a $618 million loss. But the company briefly mentioned it in a subsequent call with security analysts and confirmed it in response to questions yesterday. As a result of the reduction, Enron's shareholder equity has dropped to $9.5 billion, the company said.
In an interview Tuesday, Enron Chairman Kenneth Lay said that about $35 million of the $1.01 billion charge to earnings was related to transactions with LJM2 Co-Investment LP, a limited partnership created and run by Mr. Fastow. In a conference call yesterday with investors, Mr. Lay said that the 55 million shares had been repurchased by Enron, as the company "unwound" its participation in the transactions. In the third quarter, the company's average number of shares outstanding was 913 million.
According to Rick Causey, Enron's chief accounting officer, these shares were contributed to a "structured finance vehicle" set up about two years ago in which Enron and LJM2 were the only investors. In exchange for the stock, the entity provided Enron with a note. The aim of the transaction was to provide hedges against fluctuating values in some of Enron's broadband telecommunications and other technology investments. Mr. Causey didn't elaborate on what form those hedges took.
Subsequently, both the value of Enron's stock and the value of the broadband investments hedged by the entity dropped sharply. As a result, Enron decided essentially to dissolve the financing vehicle and reacquire the shares. When Enron reacquired the shares, it also canceled the note it had received from the entity.
In addition, Enron was receiving increasing criticism from analysts and major shareholders concerning the apparent conflict of interest involving the role of its chief financial officer in the partnership, from which he stood to make millions of dollars. In July, Mr. Fastow formally severed his connections to LJM. Mr. Fastow has declined to be interviewed.
Copyright (c) 2001 Dow Jones & Company, Inc.
All Rights Reserved.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Business; Financial Desk
Markets Ford's Financial Fine-Tuning Leads to $692 Million Loss in 3rd Quarter Earnings: Sales incentives, production cutbacks hit company hard. CEO plans reorganizational moves.
Times Wire Services

10/18/2001
Los Angeles Times
Home Edition
C-4
Copyright 2001 / The Times Mirror Company

Ford Motor Co. had a third-quarter loss of $692 million because the second-largest auto maker cut production and offered zero-percent financing to draw car buyers into showrooms.
The loss of 38 cents a share, which compared with year-earlier net income of $888 million, or 53 cents, includes the cost of Ford's plan to sell its company-owned dealerships. Sales declined 9% to $36.55 billion.
Chief Executive Jacques Nasser, who already is eliminating as many as 5,000 salaried jobs by year-end, said he will make more moves to reorganize in December. Ford cut North American production 23% from the year-earlier quarter as a slower economy hurt demand and tighter U.S. border security disrupted supplies. Marketing expenses rose after Ford matched no-interest loans offered by rival General Motors Corp.
The Dearborn, Mich.-based company's shares, which slipped 55 cents to close at $17.13 on the New York Stock Exchange, have fallen 27% this year.
Excluding one-time items, Ford had a loss from operations of $502 million, or 28 cents a share, matching the average analyst forecast in a Thomson Financial/First Call survey.
The company's U.S. vehicle sales fell 11% through September, twice the industrywide decline. Its revenue declined from $40.06 billion in the year-earlier quarter. North American auto making operations had a third-quarter loss of $849 million, compared with year-earlier profit of $782 million.
Ford's fourth-quarter results will improve from the third quarter but "it will be difficult to earn a profit during the quarter," Chief Financial Officer Martin Inglis said on a conference call. The First Call average forecast that Ford will earn 6 cents a share is too high, he said.
At a Glance
Other earnings, excluding one-time gains or charges unless noted:
* Enron Corp., the largest energy trader, posted a $618-million loss in the third quarter after losing $1.01 billion on failed investments in water, telecommunications and retail energy sales.
The final loss was 84 cents a share after payment of preferred dividends, the Houston-based company said.
Net income in the year-earlier period was $292 million, or 34 cents. Revenue rose 59% to $47.6 billion.
Excluding the charges, Enron said it would have earned $393 million, or 43 cents a share, which matched the average estimate of analysts. Enron said it still expects to earn 45 cents a share in the fourth quarter.
* Defense contractor General Dynamics Corp. said third-quarter operating profit was $230 million, or $1.13 a share, up 13% from $204 million, or $1.02 a share, a year earlier.
Sales rose 22% to $3.02 billion.
But the company warned analysts not to boost their full-year earnings estimates beyond $4.50 a share.
* Linens 'n Things Inc., the home-accessories and housewares retailer, said third-quarter profit fell 20%, and fourth-quarter earnings will be at the lower end of analysts' estimates. Net income fell to $14.7 million, or 36 cents a share, from $18.4 million, or 45 cents, a year earlier. The company was expected to earn 37 cents. Sales 14% to $468.9 million.
* Office Depot Inc. said third-quarter profit rose 23% to $62.5 million, or 20 cents a share, from $50.6 million, or 16 cents, a year earlier. Office Depot said fourth-quarter profit may be 3 cents to 5 cents a share below the 20-cent average estimate of analysts.
* Drug giant Pfizer Inc. achieved double-digit earnings and revenue growth during the quarter, driven by strong sales of cholesterol treatment Lipitor.
Pfizer's operating profit jumped 28% to $2.19 billion, or 34 cents a share, a penny better than expected. Those figures exclude one-time costs, including those from Pfizer's acquisition of Warner Lambert.
Sales rose 10% to $7.90 billion.
* Philip Morris Cos., the biggest tobacco company, said third-quarter profit rose slightly as sales of premium brands such as Marlboro increased in the U.S. while declining currencies hurt results abroad.
Net income rose to $2.33 billion, or $1.06 a share, from $2.32 billion, or $1.03, a year earlier. Sales climbed 12% to $22.4 billion. The company said it will meet its previous full-year profit growth forecast of 9%.
Separately, the company said Chief Executive Geoffrey Bible plans to retire in 10 months at age 65. Under Bible, Philip Morris's five-year average annual profit growth is 9.3%, helped by sales of the No. 1 Marlboro brand cigarettes and the company's Miller Brewing and Kraft Foods Inc. businesses.
* Raytheon Co., maker of the Tomahawk missile used by U.S. forces in the attack on Afghanistan, posted a net loss after charges, as weakness in its commercial aerospace operations offset gains from military businesses.
Raytheon reported a net loss of $285 million, or 79 cents per share, compared with a profit of $105 million, or 31 cents, a year ago.
Those results include charges announced Wednesday from the company's Raytheon Aircraft unit, hurt by the Sept. 11 attacks' effect on the commercial air transport industry. Even excluding special items, operating earnings fell 10%, missing Wall Street's targets. Revenue fell 7% to $3.9 billion.
* TRW Inc., the largest U.S. maker of air bags, said third-quarter operating profit fell to $75 million, or 59 cents a share, compared with $91 million, or 73 cents, a year ago.
Sales fell 5% to $3.9 billion.
(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)
Earnings Reports
(tabular data not included)

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

UK: ANALYSIS-LME members survey hard choices ahead.
By Martin Hayes

10/18/2001
Reuters English News Service
(C) Reuters Limited 2001.

LONDON, Oct 18 (Reuters) - The London Metal Exchange (LME) faces stormy times a year after demutualisation as members ask where their future lies - with electronic screens, on an open-outcry trading floor or even in some other type of business.
The debate is happening as the global metals industry gathers in London for the LME's annual dinner week, which this year will be a subdued affair.
"LME week will struggle to surprise against a backcloth of military action in Afghanistan, dismal economic data, forlorn price sentiment and optimists rarer than hen's teeth," analyst Nick Moore of J.P. Morgan Securities said.
A veteran trader said, "It is going to be a less-populous affair this year. The people that have to do their annual deals will still be there, but we have noticed that people are not travelling unless they have to."
The downturn in the economic cycle has hit the world's largest non-ferrous metals market hard. Years of volume growth have ended, prices have fallen to lows and shrinking revenues and commissions have pared many brokers' profits.
MitsuiBussan has scaled back activities and no longer makes markets, ScotiaMocatta has left the floor and blue-blooded N.M. Rothschild has simply quit the non-ferrous metals business.
THE WAY TO TRADE
LME trading remains dominated by the price discovery mechanism of the open-outcry official rings, but electronic systems have made deep inroads over the past year.
"The trade is rapidly being condensed into the three screen mediums. Enron , Spectron and LME Select," a director at one broker said.
Traders said screens had almostly completely superseded the telephone market during inter-office sessions as narrower buy/sell quotes in larger markets were available on the highly transparent screens.
"What that has done is to perfect the pricing mechanism - it has flattened out some of the volatility from the market. This has cut the brokers' margins, but at the same time their overheads are constant - they have to pay for screens and to run a floor operation," the director said.
Screen trading volumes still represent only a small proportion of total daily turnover, but earlier this week the LME reported a record daily turnover of 10,483 lots on the Select system - by far the highest since the screens were switched on in February.
"We are working hard to ensure that LME Select becomes the electronic trading system of choice for our members," LME Chief Executive Simon Heale said.
However, senior traders said that once volumes started to increase on screens, electronic turnovers could explode - as had happened on other exchanges. That could force the issue for the LME as it continued to offer three methods of trading - screens, telephones and open-outcry.
"Despite the LME's resistance, the world is turning to screens. The IPE (International Petroleum Exchange) is going that way, and in the U.S. that pattern is being seen as well," another senior trader said.
INCENTIVES
Traders said open-outcry trading would wither away unless the LME acted to make it more attractive to existing participants and potential new entrants.
"They should be thinking about giving discounts to people on the ring. Maybe they should also approach some of the big off-market players and find out what would entice them to become RDMs (ring dealing members)," the veteran trader said.
In Europe, other than the LME only the IPE has an open-outcry floor, and that will close next year.
The RDMs of the LME are trying to fight back - in 2000 they extended the open-outcry sessions by carrying on business through an early-afternoon recess.
But after ScotiaMocatta Metals decided to call a halt to executing business on the floor this week RDM numbers have dwindled to just 11.
"It is a structural problem as there is just not enough income on the ring. We are almost getting to a 'last man standing' situation. If we drop under 10 there is a danger the ring may just implode," the senior trader said.
The ranks of associate broker clearer members (ABCMs) are expanding. These firms have all the benefits of LME membership, but cannot trade during the open-outcry sessions.
This week, South Africa's Investec Group joined as an ABCM, bringing the total of this membership tier to 26. Another sizeable bank is pondering whether to join, but only as an ABCM.
"It would be good if someone else came down, but who is going to spend money recruiting a team - clerks, support staff, back office and so on? It is best to go for a small team using screens - the LME needs to either cut our costs or make it less easy to go off-market," a senior floor trader said.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

Maharashtra to challenge London court order on DPC
Our Bureau

10/18/2001
The Economic Times
Copyright (C) 2001 The Economic Times; Source: World Reporter (TM)

THE MAHARASHTRA government has decided to challenge the injunction order issued by the commercial court in London restraining the state from filing suits against the Dabhol Power Company (DPC) in India. The DPC had obtained the injunction on October11.
The state government has decided to challenge the order as we feel that the concerned court should have heard the state as well. Within a week we would be presenting our case, the state chief minister Vilasrao Deshmukh said here on Wednesday.
The ex-parte order relates to arbitration proceedings between the state government and DPC with respect to state guarantee, state support and supplemental state support agreements.
It prevented the state government from taking any legal action in India, challenging the international arbitration proceedings initiated by DPC. Mr Deshmukh today also reiterated his governments resolve not to draw electricity from DPC.
There is no logic in buying DPC power at higher rate and selling it with much lower rates, Deshmukh said. According to Deshmukh, due to recent rainfall, the demand for electricity has gone down considerably and the state electricity board is supplying power without interruption.
Meanwhile, the government today expressed its resolve to initiate a judicial probe into the entire Enron deal. The probe would begin in few weeks , Deshmukh said. The state has already requested the Chief Justice of the Mumbai High Court to appoint a judge for the probe.

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

India: Enron: Maharashtra to move London court in a week

10/18/2001
Business Line (The Hindu)
Fin. Times Info Ltd-Asia Africa Intel Wire. Business Line (The Hindu) Copyright (C) 2001 Kasturi & Sons Ltd. All Rights Res'd

MUMBAI, Oct. 17 MAHARASHTRA will move the Commercial Court of London "within a week" against the injunction obtained by Enron's Dabhol Power Company (DPC) restraining the State from challenging international arbitration initiated by DPC in any Indian court, the Chief Minister, Mr Vilasrao Deshmukh, told newspersons.
He was speaking at a post-cabinet meeting press conference here on Wednesday. The Enron-promoted DPC had obtained the ex-parte order on October 11, 2001. The State Government had 23 days to respond to the order.
The arbitration panel has been constituted for some time now and proceedings were expected to begin any time. However, the proceedings could not take off as a dispute over the jurisdiction of the Maharashtra State Electricity Regulatory Commission had dragged on to the Mumbai High Court and then the Supreme Court. Both the courts had restrained DPC from continuing international arbitration pending resolution of the MERC jurisdiction issue.
The Chief Minister also said the appointment of a retired Supreme Court judge to head the judicial probe into the power purchase agreement with Enron would also be completed in a week's time.
Our Bureau

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

India: GAIL keen on Dabhol LNG terminal project

10/18/2001
Business Line (The Hindu)
Fin. Times Info Ltd-Asia Africa Intel Wire. Business Line (The Hindu) Copyright (C) 2001 Kasturi & Sons Ltd. All Rights Res'd

NEW DELHI, Oct. 17 GAS Authority of India Ltd (GAIL) has written to both the Petroleum Ministry and the Power Ministry evincing interest in the 5 million tonnes per annum (mmtpa) LNG regassification terminal of the Dabhol Power Company, according to Government officials.
In a recent communique to the two Ministries, it has asked the financial institutions to set up a meeting to enable it review the financial details of the LNG project. The financial data on the LNG project solely rests with Bechtel, GE and Enron.
As a first step towards examining the financial data, GAIL will require to enter into a confidentiality clause agreement with the present project sponsors to access the data.
Meanwhile, the financial institutions are awaiting the results of political parleys between the Centre and the Maharashtra Government towards bringing the latter into a 'solution finding' mode to implement a financial restructuring package and resolve the Dabhol crisis.
Once this is done, the FIs will freeze the financial package - involving sacrifices undertaken by the present stakeholders - and again elicit market response towards bettering the Tatas' proposition.
Although the FIs had earlier scouted the market and found only the Tatas evincing interest in the project, it would again offer the Dabhol project to the market to ensure that the concessions on the part of the State are not awarded on a nomination basis.
The foreign lenders have pointed out that they would not be agreeable to the domestic FIs spearheading the salvage operation finally resulting in transfer of ownership of the power plant. Hence, the Government is mulling a high-level committee to implement the process leading to transfer of ownership.
Balaji C. Mouli

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.

FERC To Discuss Possible Changes To West Pwr Price Caps
By Jason Leopold and Andrew Dowell

10/17/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

OF DOW JONES NEWSWIRES

LOS ANGELES -(Dow Jones)- Federal energy regulators said this week they will discuss possible changes to price controls the agency imposed on western wholesale power markets in June.
Western utilities complained that the price controls, based on the price of generating power in California, aren't appropriate for the entire region. In particular, demand in the Northwest rises sharply in the winter, while California's power demand and cost are typically highest in the summer.
The Federal Energy Regulatory Commission said in a notice its Oct. 29 meeting discussions could include an elimination of the 10% premium allowed for sales into California and changes to the way the price caps are adjusted.
The price cap is set at about $92 a megawatt-hour and is calculated by taking the 85% of the most expensive hourly price during the most-recent Stage 1 power emergency in California, when operating reserves fall below 7%.
Gov. Gray Davis lobbied hard for FERC to impose price caps throughout the entire western U.S., saying generators would sell their power to other western states if California were the only state with price controls.
"The governor would be very disappointed if FERC contributed to additional economic uncertainty, particularly in these troubling times" if the agency were to lift the price restrictions, said Steve Maviglio, a spokesman for Davis.
Last summer, Sierra Pacific Resources (SRP) unit Nevada Power was forced to initiate rolling blackouts to a small number of customers for about 45 minutes because of the new price caps imposed on the market by FERC and blistering heat, said Paul Heagen, Sierra Pacific's chief spokesman.
In addition, some generators, including a unit of Enron Corp. (ENE), scrapped plans to build small power plants, the so-called peaking units used when demand for electricity is at its highest, in the western U.S. because of the price controls.

-By Jason Leopold and Andrew Dowell, Dow Jones Newswires; 323-658-3874; jason.leopold@dowjones.com

Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved.


Updated as requested. Thanks


Mark will be arriving in New York this evening at 7:00 p.m.  He can be
reached as follows:

November 14-15
The Waldorf Astoria
301 Park Avenue
New York, NY  10022
Phone:  (212) 355-3000
Fax:  (212) 872-7272

He will travel to the Enron Management Conference Thursday morning.  He will
arrive in San Antonio at approximately 3:30 PM.

Janette Elbertson
Enron North America Corp.
Legal Department - EB3326
Telephone:  (713) 853-7906
Fax:  (713) 646-2600
janette.elbertson@enron.com


We need to change the demand fees for Tenaska IV based on actuals for Jan
2001.   Tenaska owes us some additional money.  I have attached my netting
spreadsheet if you need it.

Deal 514353  Change MMBtu from 45,000 to 46,113
Deal 384258  Change amount from $3,934,644.50 to $3,841,888.11

I got your message regarding Apache.  I will just leave the pay the lesser
ofs there until they come back for it.   Also, Mark checked with TXU and we
do not have the rights to get dailies for the Tenaska meters.  He said that
only the interconnecting pipes get dailies.  For the spreadsheet, I am just
going to prorate the actuals based on the noms.

I will let you know when we receive the payment from Brazos for Feb 2001, so
you can enter the demand fee to forward the cash to Tenaska IV.

Thanks,
Megan


Jeff and Alan,

Here are the spreadsheets that I mentioned in my prior e-mail. They are
pretty messy. However, I have tried to flag the places in the worksheets
where there are plugged numbers rather than formulae.

Let me know if you have questions.

Bill
 - Undercollection recovery rate analysis.xls


-- Attack at wedding hall in northern Israel injures 20 people, five seriously.
Watch CNN or log on to http://CNN.com /AOL Keyword: CNN for the latest news.

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Call Ambrosia ? Monday morning


----- Forwarded by Jeff Dasovich/NA/Enron on 02/01/2001 03:59 PM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	02/01/2001 03:59 PM

		 To: Harry Kingerski/NA/Enron@Enron
		 cc: James D Steffes/NA/Enron@ENRON, Mark S Palmer/Enron Communications@Enron
Communications, Richard Shapiro/NA/Enron@ENRON, Susan J Mara/NA/Enron@ENRON,
Vicki Sharp/HOU/EES@EES
		 Subject: Re: Talking Points

My proposed edits to Harry's excellent first cut.  They're quick and dirty.
My apologies.

Best,
Jeff


Jay Aldis                   Billy Dyer
Hon. Michael Fleming            Hon. Dwight Jefferson
William King              Mark Lanier
Hon. David Medina                 Dixon Montague
Joseph O. Slovacek
cordially invite you to attend a fundraising reception honoring
Judge Richard Hill
Former Judge, County Civil Court No. 1 and
Candidate for Judge, 190th Civil District Court
Tuesday, February 5, 2002  from  5:30 to 7:30 p.m.
The Home of Brenda Arnett
4411 Mandell (near Richmond)
---------------------------------------------------------------------------------------------------------------------
I want to attend the reception for Judge Richard Hill.
___ $5,000 Underwriter          ___ $2,500 Patron
___ $1,000 Sponsor              ___ $500 Host
___ $250  Contributor           ___ $100 Friend
___ Unable to attend $_____
Name: _______________________________________________________
Address: _____________________________________________________
  ___________________________________________________________
Phone: __________________________ Fax: _______________________
E-mail: _______________________________________________________
Occupation/Title:_____________________   Employer: ________________________
Please make checks payable to:
Richard Hill Campaign
710 N. Post Oak Rd., Suite 107
Houston, TX  77024
If you have any questions or wish to make a reservation, please call
Heidi M. Lange at 713-681-1996 or fax 713-681-8402
Pol. adv. pd. for by the Richard Hill Campaign, Sabrina Hill, Treas., PO BOX 411, Hou, Texas 77001


* You signed up to receive this mailing at GravityDirect.net * * To unsubscribe see below. *   Dear klay@enron.com, We would like to take this opportunity to welcome you to the GravityDirect Service!  Every day the Gravity Direct Team is hard at work scouring the earth to find only the best deals for our Members. Now that you are a member of GravityDirect, you will receive only the very best Special Offers, Promotions, Samples, Great Deals, and Free Stuff.  There is never any charge for this service, or any obligation to buy anything!  In fact, many of the offers we will bring to you are 100% Free!    As a Special Thank-You just for signing up, please take advantage  of as many of the following special offers as you'd like.  Just  click on the links below, or copy and paste into your browser's  address bar.  **************************************************************** Get a Free Cell Phone:  http://ad.doubleclick.net/clk;3430334;6455918;j?http://www.inphonic.com/redirect.asp?referringpage=www.gravitydirect.com   **************************************************************** Get 12 Free CDs or 4 DVDs for $0.49 each!  To get 12 Free CDs (plus s&h) click here: http://ad.doubleclick.net/clk;3585504;6455918;t?http://adfarm.mediaplex.com/ad/ck/990-1736-1181-2   To get 4 DVDs for $0.49 each (plus s&h) click here: http://ad.doubleclick.net/clk;3585495;6455918;c?http://adfarm.mediaplex.com/ad/ck/990-1736-1181-3  **************************************************************** Save Time and Money with a NextCard
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Notice # 01-26
January 22, 2001

TO:  NYMEX/COMEX Division Members

FROM: George Henderson, Vice President

RE:  EOR Demonstration Schedule

Please be advised that the Human Factors Lab located on the 2nd floor,
opposite the Concierge Office, will be open each day to conduct
demonstrations of the Automated Trading Card (ATC) portion of the Electronic
Order Routing (EOR) system.

The HF Lab will be available Monday through Friday, from 11:00 a.m. to 5:00
p.m.  All demonstrations of the system will be conducted by appointment
only.  To schedule a hand held demo call the Floor Department Systems Area at
299-2626.

During these demos your comments and suggestions will be documented and
reviewed for possible future system modifications and enhancements.

__________________________________________________
Please click on the link below to indicate you have received this
email.

"http://208.206.41.61/email/email_log.cfm?useremail=sara.shackleton@enron.com&
refdoc=(01-26)"

Note: If you click on the above line and nothing happens, please copy
the text between the quotes, open your internet browser,
paste it into the web site address and press Return.


----- Forwarded by Steven J Kean/NA/Enron on 10/19/2000 07:15 PM -----

	Jana Mills@ECT
	10/19/2000 05:10 PM

		 To: Ken Lay and Jeff Skilling@Enron, Steven J Kean/NA/Enron@Enron
		 cc: Sherri Sera/Corp/Enron@ENRON, Katherine Brown/Corp/Enron@ENRON, Rosalee
Fleming/Corp/Enron@ENRON, Maureen McVicker/NA/Enron@Enron
		 Subject: URGENT - EECC Memo

From Joe Sutton:

Please review the attached draft memo that we would like to send out from the
Office of the Chairman.  Joe would like to send this out today.

If you have any questions or concerns, please let me know as soon as possible.

Thanks
Jana


mark:
FYI.
carol
----- Forwarded by Carol St Clair/HOU/ECT on 05/31/2000 06:41 PM -----

	Jason Peters@ENRON
	05/31/2000 10:57 AM

		 To: Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
		 cc:
		 Subject: Notice of Intent not to Waive Rights

Sara and Carol,

Attached for your review, please find a draft of a letter to be distributed
by ENA to Counterparties who are either (i) in Default or (ii) over the
Collateral Threshold and for which ENA does not desire to call such default
or demand such collateral.  Should you have any comments, please let me know.

Jason


713 803 0952


Charlie,

Could you please refresh the prices for the collars and the fixed prices as
of friday's close?  We are trying to go out with the term sheet this week so
we may need to reprice it once or twice.  Can you get this turned around
Before this afternoon?  Please let me know.

Thanks for the help,

Eric

In attached see the 4/30fixed and 4/30collar sheets.


Hal McKinney
location:  2510a
work:   (713)345-3707
pager:   (713)288-3577

I will be out of the office Friday 5/11/2001 and will be accessible by pager.

Thanks

Hal
x53707


Critical Migration Information:

1. Your scheduled Outlook Migration Date is TONIGHT !!!!!
2. You need to press the "Save My Data" button (only once) to send us your
pre-migration information.
3. You must be connected to the network before you press the button.
4. If a POP-UP BOX appears, prompting you to "ABORT, CANCEL OR TRUST SIGNER"
please  select TRUST SIGNER.
5. Any information you Add to your Personal Address Book, Journal or calendar
after you click on the button will need to be manually re-added into Outlook
after you have been migrated.
6. Clicking this button does not complete your migration to Outlook. Your
migration will be completed  the evening of your migration date.

  Failure to click on the button will result in your data not being imported
to Outlook.

If you encounter any errors please contact the resolution center @
713-853-1411


Jordan,
I assume the memo I asked for is in hard copy on my desk.
Thanks
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 07/20/2000
12:25 PM ---------------------------

Jordan Mintz
07/19/2000 12:46 PM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: DQE -- Impact of Operating at Reduced Capacity: PRIVILEGED AND
CONFIDENTIAL

Dave: A supplement to our memo to you regarding the Synfuel transaction......

Jordan
---------------------- Forwarded by Jordan Mintz/HOU/ECT on 07/19/2000 01:46
PM ---------------------------

Kevin Liss@ENRON
07/19/2000 12:42 PM
To: George McClellan/HOU/ECT@ECT, Wayne Gresham/HOU/ECT@ECT, Daniel
Reck/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT
cc: Brian Otis/NA/Enron@Enron, Jesus Melendrez/Corp/Enron@Enron, Tim
Proffitt/HOU/ECT@ECT, Jordan Mintz/HOU/ECT@ECT
Subject: DQE -- Impact of Operating at Reduced Capacity: PRIVILEGED AND
CONFIDENTIAL

Our memorandum of today's date on the DQE facilities estimates a 65% to 70%
likelihood of the facilities qualifying for section 29 tax credits, based on
projected volumes of 225 tons per hour.

As we discussed a week ago, if we operate the facilities at a volume of 118
per hour, (i.e., half-capacity), we believe we would alleviate the tax risk
associated with the increase in capacity.  The question is, does that
improvement in the odds with respect to that one issue improve the
bottom-line odds on qualification at least with respect to the base volume of
118 per hour from the 65% to 70% estimate that we specified in our memorandum?

We think it does, but we are not sure that there will be a material
improvement.  We have passed that question on to our outside tax counsel, and
will let you know his view.

As we noted last week, there are several legal issues for which, while we
think we have the better argument, there is no definitive legal precedent.
Even pulling the capacity issue out of the equation --which is what we would
be doing if we are only considering the 118 tons -- there are still several
other balls in the air, and we would have to catch each and every one in
order to have a tax-creditworthy facility.  When you look at each issue,
separately, it seems possible to get comfortable as to each one, but when you
consider that there are several such issues, and that we have to be "right"
each and every time, you have to lower your overall odds.  Statistically
speaking, if you are 80% comfortable as to each of 5 separate issues, then
you would expect to hit on 4 out of 5, not on 5 out of 5, but we can't lose
on any one issue and still qualify for credits.

Obtaining a private letter ruling from the IRS as to these issues, which is
our ultimate goal, would take these issues out of the air, so to speak, but
that's not going to happen pre-close, and no matter what assurances we might
get at a pre-ruling conference with the IRS, unless and until you actually
get the ruling, there is an element of risk that you have to assume.  For
that reason, the 90% probability number that I threw out at last week's
meeting in response to a question about what our comfort level would be if we
had a private letter ruling is really a red herring, because at decision
time, there's not going to be a ruling in hand.

As noted above, I will let you know what Bruce Lemons' view is, since he is
the one who will be called upon to give an opinion. Hopefully, that will be
later today.

Kevin Liss
x58601


sure.  Give me a call on the day that is best for you.

 -----Original Message-----
From: 	Jennaro, Jason
Sent:	Monday, November 05, 2001 8:36 PM
To:	Shively, Hunter S.
Subject:	ENA Trading Track

Hunter,

Thank you for your vote of confidence today.  I'm really grateful to have a shot at the trading track.  It means a lot to me and I promise to work very hard to prove myself.

I was wondering if you would be interested in grabbing a coffee sometime over the next couple weeks.  I'd be very interested to hear your take on the trading track and what you would do if you were in my shoes.

Jason


Attached is the legal risk memo for Project Orange

Angela D. Davis
Enron North America Corp.
1400 Smith, Suite 3817
Houston, Texas 77002
Tele. (713) 345-8347
Fax:  (713) 646-3393
e-mail:  angela.davis@enron.com


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/26/2001
04:40 PM ---------------------------

Johan Dahl <jdahl@mrportland.com> on 01/24/2001 12:04:42 PM
To: Vince.J.Kaminski@enron.com
cc:
Subject: Fwd: Re: ENRON-Resume Interview of James Valverde


Are we going to cover the western Canada fundamentals presentation and the X tomorrow? Please send Keith an email so that we may set an agenda.

Thanks,
Mike


This e-mail is to follow up our conversation Friday, June1st regarding a
sponsorship for the National Bar Association Convention to be held in Dallas
July 28 - August 4, 2001.  I am sending a packet to you via overnight mail.
You should get it tomorrow.  It has the levels of sponsorship.  If you have
questions, please call me at (214) 880-0089, ext. 2550 or e-mail me at
demetris@publicans.com <mailto:demetris@publicans.com> .  Thanks.


Hi everyone

Attached is a ppt presentation of our progress ----

Tracy J. Cooper
Please note my name has changed from McLaughlin to Cooper
Enron Broadband Services
Government Affairs
(503) 886-0396

----- Forwarded by Tracy Cooper/Enron Communications on 08/28/00 10:54 AM
-----


First, congrats on buying a great house for free.  Need to put up a fence in the back because Bob is a pain and somehow convinced me to take done the fence.  We never did figure out the combo for the back door.

john
 -----Original Message-----
From: 	"GLENNA ROSS" <glenna.ross@blakes.com>@ENRON [mailto:IMCEANOTES-+22GLENNA+20ROSS+22+20+3Cglenna+2Eross+40blakes+2Ecom+3E+40ENRON@ENRON.com]
Sent:	Monday, April 30, 2001 4:35 PM
To:	lavorato@enron.com
Subject:	New House

John, we are in the middle of moving into our new home.  I think we will be very very happy there and would like to thank you for introducing us to the house last year.

One quick question.  Do you happen to remember the combination for the back door?

Regards,

Mungo


Prepared in contemplation of litigation -  Attorney Client Privilege

There appears to be no succinct way to write down my thoughts on where we are
with El Paso but I'm going to try.

Assumption:
Kilgore's objective:  Maintain PRM accounting treatment for the swap.
Outcome of lawsuit:   Game Over for Kilgore if his accountants disagree with
the current PRM treatment and move it to debt thus affecting his      ratios
and revolver.

What do we want?
(i)  To be certain of payment - how important is this really?  Pretty
important - but what is this worth is cash terms.  We clearly are in a
position   whereby if El Paso evers transfers the contract to an entity which
defaults on payment we are exposed.  However,  realistically what are the
chances  of them defaulting - very low and, would we win that in court - Yes.
(ii)  To monetize the contract - secondary concern with a value to Enron of
$15m.  There are potential ways that we could monetize the contracts
without disclosing the contract - Joe is working on these.    If there is a
way we can do this then our downside from this confidentiality issue is
much   smaller as it would cost us more to monetize (thereby bringing in less
gain - probably not much of a difference) but can we get the asset off the
book?  We are pursuing how far we can get  in terms of 'true sale' treatment
with V&E - they will give Joe a view on Wednesday.  There are potential
other   ways we can ensure this is off our credit.

If we sue them?  Loss of leverage.
We potentially open up the issue to a much wider audience and potentially
affect Kilgore's accounting treatment - the one thing he wants.  So our
leverage has disappeared as we are no longer able to maintain the one thing
Kilgore is looking for.

Way Forward:
We should continue to pursue a commercial solution to the payment issue and
monetize the contract through a secondary route.  If we complete monetization
through another route then we are exposed to non-payment which could be
perceived as very low risk (we have potentially a one year exposure on the
back end based on six years statute of limitations).  If we cannot get a way
forward on the monetization , then re-review the way forward. We are at risk
of them suing us over the confidentiality breach and that would be in New
York.

Good Luck!

Prepared in contemplation of litigation -  Attorney Client Privilege


Please change these to BT.

	Enron North America Corp.

	From:  Julie Brewer                           03/01/2001 09:33 AM

To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: Re: Bankers Trust/Deutsche Bank

Errol-

These are still showing Bankers Trust International. Can you please change
them back to Bankers Trust.

Thanks.
---------------------- Forwarded by Julie Brewer/NA/Enron on 03/01/2001 09:32
AM ---------------------------

	Enron North America Corp.

	From:  Julie Brewer                           02/27/2001 04:59 PM

To: Errol McLaughlin/Corp/Enron@ENRON
cc:

Subject: Re: Bankers Trust/Deutsche Bank

Errol-

Can you please rebook those two deals back to BT. (QT6916 and QT7116)

Thanks.
---------------------- Forwarded by Julie Brewer/NA/Enron on 02/27/2001 04:58
PM ---------------------------

Cheryl Johnson@ENRON
02/27/2001 04:49 PM
To: Jason Moore/HOU/ECT@ECT
cc: Marilyn Colbert/HOU/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Errol McLaughlin/Corp/Enron@ENRON@ECT, Diane
Anderson/NA/Enron@Enron@ECT, Julie Brewer/NA/Enron@Enron@ECT, Jennifer
Blay/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT

Subject: Re: Bankers Trust/Deutsche Bank

Done-OK per Credit who gave instructions to suspend.

Jason Moore@ECT
02/27/2001 11:25 AM
To: Cheryl Johnson/Corp/Enron@Enron, Marilyn Colbert/HOU/ECT@ECT
cc: Samuel Schott/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Errol
McLaughlin/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Julie
Brewer/NA/Enron@Enron, Jennifer Blay/HOU/ECT@ECT, Andrea R
Guillen/HOU/ECT@ECT

Subject: Bankers Trust/Deutsche Bank

It looks like Bankers Trust Company (CP# 27) needs to be unsuspended.

Jason Moore

---------------------- Forwarded by Jason Moore/HOU/ECT on 02/27/2001 11:22
AM ---------------------------

	From:  Larry Joe Hunter                           02/27/2001 11:14 AM

To: Samuel Schott/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Jason
Moore/HOU/ECT@ECT
cc: Errol McLaughlin/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Julie
Brewer/NA/Enron@Enron, Jennifer Blay/HOU/ECT@ECT, Andrea R
Guillen/HOU/ECT@ECT
Subject: Bankers Trust/Deutsche Bank

Jason,

Per the below notice from Legal.  "Bankers Trust" is still a valid Trading
entity, and we should continue to book Trades to this Entity.  Can you please
change GCP from "Suspended" to "Active".

Thanks,
Joe

---------------------- Forwarded by Larry Joe Hunter/HOU/ECT on 02/27/2001
11:11 AM ---------------------------
From: Tana Jones on 02/27/2001 09:26 AM
To: Laurel Adams/HOU/ECT@ECT, Janie Aguayo/HOU/ECT@ECT, Kimberly
Allen/HOU/ECT@ECT, Diane Anderson/NA/Enron@Enron, Jean Bell/HOU/ECT@ECT, Bob
Bowen/HOU/ECT@ECT, Julie Brewer/NA/Enron@Enron, Sharen Cason/HOU/ECT@ECT,
Celeste Cisneros/NA/Enron@Enron, Jason Fischer/NA/Enron@Enron, Jorge A
Garcia/NA/Enron@Enron, Larry Joe Hunter/HOU/ECT@ECT, Kimberly
Hundl/Corp/Enron@Enron, Melissa Ann Murphy/HOU/ECT@ECT, Bianca
Ornelas/NA/Enron@Enron, Stephanie Piwetz/HOU/ECT@ECT, Melissa
Rodriguez/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Kim S Theriot/HOU/ECT@ECT,
Melinda Whalen/CAL/ECT@ECT, William  S Bradford/Enron@EnronXGate, Debbie R
Brackett/HOU/ECT@ECT, Tanya Rohauer/Enron@EnronXGate, Brant
Reves/Enron@EnronXGate, Tracy Ngo/PDX/ECT@ECT, Lesli
Campbell/Enron@EnronXGate, Veronica Espinoza/Enron@EnronXGate, Paul
Radous/Enron@EnronXGate, Wendi LeBrocq/Enron@EnronXGate, Russell
Diamond/Enron@EnronXGate, Tom Moran/Enron@EnronXGate, Edward
Sacks/Enron@EnronXGate, Nidia Mendoza/ENRON@enronXgate, Wendy
Conwell/NA/Enron@Enron, Darren Vanek/Enron@EnronXGate, Rudwell
Johnson/Enron@EnronXGate, Brent Hendry/NA/Enron@Enron, Sara
Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT,
Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Samantha
Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Stephanie
Panus/NA/Enron@Enron, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Cheryl
Nelson/NA/Enron@Enron, Francisco Pinto
Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marilyn Colbert/HOU/ECT@ECT, Diane
Ellstrom/Enron@EnronXGate, Lynn E Shivers/LON/ECT@ECT, Bill D
Hare/HOU/ECT@ect, Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT, Samuel
Schott/HOU/ECT@ECT, Anthony Campos/HOU/ECT@ECT, Bernice
Rodriguez/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Carrie
Southard/LON/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Adnan Patel/Enron@EnronXGate,
Stacey Richardson/HOU/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Georgi
Landau/NA/Enron@ENRON, Cheryl Johnson/Corp/Enron@Enron, Stephanie
Sever/HOU/ECT@ECT, Mechelle Stevens/HOU/ECT@ECT
cc:
Subject: Bankers Trust/Deutsche Bank

Deutsche Bank has gotten back to me and is vacillating on what they want to
do with the Bankers Trust trades.  In particular, they haven't thought
through what they want to do with the online trades, don't like on online
documentation, and now they think they may want to do a full novation of the
trades once they decide how to resolve this.  So, until we hear back from
them (they said in about a week), just let the Bankers Trust financial trades
and master sit.


Good Morning,

      I have information on the shirts we talked about for the Seeds of
Praise conference.  Joe Stewart checked into both options we wanted.

For the polo style shirt it will be $18 to $19.50 per shirt.

For the long sleeve blue jean shirt it will be $25 - $28 per shirt.

This is based on that the Northwest Printing will provide the shirts.  Also
this will be the embroidered logo and not the iron on one.  We need to
decide quickly and get our money turned in quickly.  We only have about 2
weeks to get this done.  As we talked about, we would wear these on Sunday
for the closing worship service and then back to Veterans on Sunday.

Please either e-mail your preference or let me know at Power time tonight.
If you know of anyone who is not on line and you have a few minutes to
contact them today, please do so.  (Evelyn Jackson, Ethel Ford, Nina Nazir
Ud-Din, Pam Watts, Cheryl Sumbler, Cheryl Curry, Danise Johnson, and Evelyn
Morris)

We need to make a decision quickly and try to have the money by Sunday.
Also, if you have not finished paying your registration, it is due by
Friday, so please try and bring it tonight, otherwise you will have to catch
up with myself or Bonnie on Friday.

Thanks,
Denise


URGENT

The Associate and Analyst Recruiting Department will be conducting a number
of two hour workshops to review our recruiting and interview process for the
fall on-campus recruiting effort.  Critical information regarding our
on-campus interview process, revised evaluation forms and program structure
will be reviewed during these two hours sessions.

It is mandatory that all team members attend these workshops.  All team
members must attend in order to articulate and demonstrate the Enron
recruiting process.  Knowing how busy schedules are, we have made
arrangements to present these workshops in two hours sessions for a total of
40 workshops that will run during the last week of August, through the month
of September and end at mid October.

Listed below are the dates, location and times for each session.  Please
select a date and time and e-mail this information to my assistant, Dolores
Muzzy.  We can accommodate 25 participants at a time.  Dolores will take
dates and times on a first come, first serve basis.  We have scheduled enough
sessions to accommodate every member of both the Associate and Analyst
recruiting teams.

In order to participate in the recruiting process, you must attend one of
these sessions.  We will be tracking participation.  CPE credits will also be
given for attending this workshop.

SCHEDULE:

Dates	Times	Location
8/31/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
9/1/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
9/6/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
9/26/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
9/29/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
10/3/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
10/5/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
10/10/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560
10/12/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560

10/17/00	8:00 a.m. - 10:00 a.m.
	10:30 a.m. - 12:30 p.m.
	12:45 p.m. - 2:45 p.m.
	3:00 p.m. - 5:00 p.m.	EB560


no.  it just means someone has a lot of ammo.  it isn't from that movie.


Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 10/30/00 02:29 PM -----

	Robert Eickenroht@ENRON
	Sent by: Andrew Wu@ENRON
	10/25/00 06:47 PM

		 To: yapasu@enron.com, anthony.duenner@enron.com, angel.m.esguerra@enron.com,
jgerres@enron.com, james.a.hughes@enron.com, wkrenz@enron.com,
sean.long@enron.com, bruce.lundstrom@enron.com, bonnie.nelson@enron.com,
andrew.ralston@enron.com, john.viverito@enron.com, jale@azurix.com,
kaltit@azurix.com.br, ebattiol@azurix.com, tcash@azurix.com,
aconge@azurix.com, edonova@azurix.com, tdorsey@azurix.com, elay@azurix.com,
gmendel@azurix.com, legal@wessexwater.co.uk, cwood@azurix.com,
ncrady@enron.com, lderrot@enron.com, miguel.mendoza@enron.com,
dparker@enron.com, francisco.pinto.leite@enron.com,
coralina.rivera@enron.com, carlos.ryerson@enron.com, fsayre@enron.com,
david_degabriele@enron.net, kenton_erwin@enron.net, michelle_hicks@enron.net,
tlindho@enron.com, steve_mccarrel@enron.net, gmelman@enron.com,
kmordau@enron.com, dave_petersen@enron.net, dbargai@enron.com,
dlund@nepco.com, kmann@enron.com, john.schwartzenburg@enron.com,
csole@enron.com, dasmus@enron.com, mcastano@enron.com, dculver@enron.com,
pgrant@enron.com, rgresch@enron.com, joe_hrabik@absfm.com, jkeller@enron.com,
marty_keyser@enron.com, kkrasny@enron.com, mmaynard@enron.com,
brapp@enron.com, rrossi@enron.com, vsharp@enron.com, msmith1@enron.com,
andrew_wu@enron.com, swallac@enron.com, laven@enron.com,
reynaldo.garcia@enron.com, kgercke@enron.com, rick.hopkinson@enron.com,
cjuvier@enron.com, kmonk@enron.com, smusch@enron.com, ppatman@enron.com,
leesa.white@enron.com, jane.wilson@enron.com, aaronow@enron.com,
roger.balog@enron.com, pbancza@enron.com, tbushma@enron.com,
andrea.calo@enron.com, rcarter@enron.com, mcash@enron.com, bclark3@enron.com,
harry.m.collins@enron.com, sdaniel@enron.com, pdelvec@enron.com,
rhonda.l.denton@enron.com, stacy.e.dickson@enron.com, sdougla@enron.com,
afam@enron.com, Shawna.Flynn@enron.com, bgray@enron.com,
wayne.gresham@enron.com, mhaedic@enron.com, brent.hendry@enron.com,
jhodge@enron.com, dan.j.hyvl@enron.com, greg.johnston@enron.com,
karen.e.jones@enron.com, jordan.mintz@enron.com, pkeohan@enron.com,
anne.c.koehler@enron.com, clindsey@mariner-energy.com, dlyons@enron.com,
tmccull@enron.com, lisa.mellencamp@enron.com, david.minns@enron.com,
jordan.mintz@enron.com, jhmoore@enron.com, janice.r.moore@enron.com,
jmurray@enron.com, gnemec@enron.com, dpedigo@enron.com,
martin.w.penkwitz@enron.com, dportz@enron.com, drasmus@enron.com,
mrobiso@enron.com, esager2@enron.com, richard.b.sanders@enron.com,
lschule@enron.com, sshackl@enron.com, cstclai@enron.com, sstack@enron.com,
lou.stoler@enron.com, stweed@enron.com, svanhoo@enron.com, sweller@enron.com,
awhite2@enron.com, cyoder@enron.com, szisman@enron.com, cabrams@enron.com,
dallegre@enron.com, jarmogi@enron.com, aballar@enron.com,
michelle.blaine@enron.com, rboston@enron.com, gail.brownfeld@enron.com,
sbutche@enron.com, ccheek@enron.com, scovino@enron.com, adadson@enron.com,
bdavis@enron.com, jderric@enron.com, reicken@enron.com, rfrank@enron.com,
hfromer@enron.com, dgrant@enron.com, mhain@enron.com, jhartso@enron.com,
rherman@enron.com, kelly.noel.higgason@enron.com, mholswo@enron.com,
pkaufma@enron.com, skean@enron.com, jkeeler@enron.com, ekisluk@enron.com,
llawner@enron.com, lara_leibman@enron.com, fmackin@aol.com,
kathleen_magruder@enron.com, dmaxey@enron.com, mmetts@enron.com,
jmigden@enron.com, cnicola@enron.com, snovose@enron.com, dnutt@enron.com,
cpatric@enron.com, rrogers@enron.com, rshapiro@enron.com, fsmith@enron.com,
ksulliv@enron.com, bvote@enron.com, rob.walls@enron.com, bwhite2@enron.com,
robert.c.williams@enron.com, alan.black@enron.com, mbrown@enron.com,
mary.nell.browning@enron.com, adam.duguid@enron.com, mark.elliott@enron.com,
mevans@enron.com, sarah.gregory@enron.com, shands@etol.co.uk,
martin.rosell@enron.com, rahul.saxena@enron.com, psimons@enron.com,
tim.underdown@enron.com, gbahlma@enron.com, cynthia.harkness@enron.com,
scott.sefton@enron.com, jlamb@enron.com, enewell@enron.com,
aumanof@enron.com, edward_attanasio@eott.com, steve_duffy@eott.com,
mike_kelly@eott.com, david_lawler@eott.com, molly_sample@eott.com,
annette.vogel@eott.com, john_zimmerman@eott.com, walt_zimmerman@eott.com,
sbulgaw@enron.com, elabano@enron.com, rmeyer@enron.com, scorman@enron.com,
pcrowle@enron.com, ddornan@enron.com, dfossum@enron.com, sholtzm@enron.com,
lhuber@enron.com, fking@enron.com, ckyle@enron.com, dmccopp@enron.com,
mmoran@enron.com, mpavlou@enron.com, tpryor@enron.com, craker@enron.com,
breich@enron.com, sscott3@enron.com, lsoldano@enron.com, jtalcott@enron.com,
kwilkie@enron.com, tom.shelton@enron.com, wcline@enron.com,
lena.kasbekar@enron.com, sandeep.katwala@enron.com, abha.kaul@enron.com,
jchin@enron.com, ncorbet@enron.com, todd.culwell@enron.com,
daniel.r.rogers@enron.com, tlehan@enron.com, eneufel@enron.com,
jplace@enron.com, sscrogg@enron.com, david_aamodt@pgn.com,
cheryl_chevis@pgn.com, jay_dudley@pgn.com, barbara_halle@pgn.com,
douglas_nichols@pgn.com, robin_tompkins@pgn.com, aw_turner@pgn.com,
vickie_wolk-laniewski@pgn.com, al_alexanderson@pgn.com,
ron_w_johnson@pgn.com, mack_shively@pgn.com, sarap@enron.com,
aberton@enron.com, ann.birosel@enron.com, castro@elektro.com.br,
gfrumki@enron.com, rgeorge@enron.com, dklinger@elektro.com.br,
vicky.martinez@enron.com, maria_eugenia_mosciaro@ei.enron.com,
jnovak@enron.com, epavao@enron.com, paula.porto@enron.com,
sassaki@elektro.com.br, luiz.watanabe@enron.com, ryoung4@enron.com,
cristian_dougall@tgs.com.ar, Edwin
Essandoh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David L
Roland/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Gerry
Willis/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard DiMichele/Enron
Communications@Enron Communications, Scott
Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Carmen
Pokluda/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard Freed/HOU/EES@EES,
Laurel S Gleason/EFS/EES@EES, Sandi M Braband/HOU/ECT@ECT, Chris
Gaffney/HOU/ECT@ECT, Matthias Lee/SIN/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Michael Schuh/FRA/ECT@ECT, Jack Harmuth/Corp/Enron@Enron, Ray
Alvarez/TRANSREDES@TRANSREDES, Raul Baldivia/TRANSREDES@TRANSREDES, Fernando
Gonzalez/TRANSREDES@TRANSREDES, Juan Pablo Sanchez/TRANSREDES@TRANSREDES,
Cynthia Trigo/TRANSREDES@TRANSREDES
		 cc: Stephanie Harris/Corp/Enron@ENRON
		 Subject: Enron Noncompetition Agreement; Important Notice

At the request of Jim Derrick, attached is a Memorandum from Mr. Derrick to
all Enron Attorneys outlining the obligations of Enron Corp., Enron Energy
Services, LLC and their respective controlled affiliates under a
Noncompetition Agreement that was recently executed.  Also attached is an
Executive Summary of the Agreement and an electronic version of the Agreement
as executed.  Please also circulate this Memorandum to any attorneys in your
respective business units if they are not on this distribution.

Please note that the Noncompetition Agreement and the transactions underlying
same are highly confidential and have not been publicly announced.
Therefore, please treat same with strict confidence.

The attachments are also being distributed to the Enron Corporate Development
Group and members of the Enron Executive Committee.

Robert


Send to your group's please.

If you feel like drowning your sorrows at the end of the world in some free keg beer, sodas and hard liquor - come down to Clear Lake and celebrate the fact that today may be the last paycheck you receive from Enron.  Playstation, pool, and darts(with pictures of great Enron leaders) will be available for your enjoyment.  You can also try chase the 3 year old with the dirty diaper.  Party starts about 7 ish.  We will order Pizza or something like that if you haven't eaten.  Directions:
I - 45 South to exit 29 - CLC Blvd.
Turn left under the freeway - heading east
You will travel roughly four miles (through 3 lights and two stop signs) turn left on Noble Pine(across from Children's World)
When that street dead end's take a right on Towering Oak
Take first left onto Cherry Oak
That dead end's at Sterling Wood Way - take a left.
Third house of the right 4435 Sterling Wood Way
281-486-7026

Hope to see everyone there.
PL


hey all,

i got a message from hess's wife, michelle, and she
indicated that he was doing well after surgery.  the
doctors removed 95% and he was conscious in icu
afterwords.   that's all i know, but i'll keep you
updated.  take care and have a merry christmas.  feel
free to pass the news on to anyone that you see fit.

see ya...besch

__________________________________________________
Do You Yahoo!?
Check out Yahoo! Shopping and Yahoo! Auctions for all of
your unique holiday gifts! Buy at http://shopping.yahoo.com
or bid at http://auctions.yahoo.com


Attached are the final blacklines for the seasonal and daily FX products.
Also, we can discuss Justin's latest description.

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


I am on for golf on Saturday if anyone is interested.  Tom, can you make the
T time?  Saturday morning early is better for me.  830 to 9.:00 am start


Pg 10 - Commodity Logic Interfaces listed are not complete - for example
Global Databases

   Pg 12 - DCAF II Project.  We talked briefly about this before.  Why is
this project on a priority list if Commodity Logic will deliver the same
functionality?


part II

 <<003732481.NYW>>

Please advise when received.

[INFO] -- Content Manager:
This message is for the named person's use only.  It may contain
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confidentiality or privilege is waived or lost by any mistransmission.
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the right to monitor all e-mail communications through its networks.  Any
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where the message states otherwise and the sender is authorised to state
them to be the views of any such entity.
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indicative only, is subject to change and does not constitute an offer to
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 - 003732481.NYW


i don't think you are really good.  i think a little luck fell into your
lap.  any time you want a shot at the title let me know.  i will leave work
right now to go kick your ass at that game.


Hey hooonea,
How are you doing this morning?  Why did honea shake me this morning? That was pretty funny.

Anyways, I was just talking with Tareen and they want to do something Thursday.. let me know if you want to do something and what??

Love
ME


A succinct and strong analysis


/usr/openwin/bin/xterm -ls -sb -display @d -n $host -T $host -r -sl 3000


A lot of us are going to be out ... please give me all of the passwords that
may be needed if/when you are out.

Thanks,
Laura


Dear Colleagues,

We know you have many questions about your new benefits plan, payroll issues and other changes that will occur over the next few weeks. Human Resources and Communications are preparing a thorough Q&A, which we will send to you tomorrow and will regularly update as more information is available.

Meanwhile, please read the announcement below from Security about how you can obtain a new UBS Warburg access card that will allow you to enter our new office space after Friday.

I am confident that you share my enthusiasm about our new opportunity.  We look forward to working along side each of you in the coming days.

David Oxley
Head, Human Resources
____________________________________________________________________

Access Cards

There will be a two-day transition for the new UBS Warburg access cards. Beginning Monday, February 11, access to the 5th and 6th floors of Enron Center South will require these new cards. UBS Warburg access cards can be picked up from 7 a.m. to 7 p.m. at the reception area on the 5th floor of Enron Center South on Thursday, February 7th ; Friday, February 8th ; and Monday, February 11. Enron Security will produce new access cards with existing photographs, then simultaneously issue the new and collect the old cards. Employees without UBS Warburg cards will be allowed into the Enron Center South building on Monday but will have to collect their new cards as soon as possible to gain access to the 5th and 6th floors.

Employees who fail to collect their new cards by 7 p.m. Monday will be required to contact Enron Security's general information number at 713-853-5360 to arrange to pick them up.

There will be security staff available at the pick up point on ECS 5 to help with any problems you might have.

It is suggested employees wear their access cards at all times while on the premise.

Accessible Areas - The new cards will allow UBS-W employees to enter:
5th & 6th floors and Plaza area of Enron Center South ,
The Sky Ring
Body Shop, Enron Center North Plaza and therefore access the Credit Union and Cafeteria from either building.

Restricted Areas - Employees must submit to Enron Security a Restricted Access Request form (available by calling 713 8535360 ) and signed by Bob McAuliffe (713-853-7468) to enter:
Enron Center South, 8th and 9th floors
Enron Center North, 22nd and 34th floor
Ardmore Data Center.

Employees staying with the Enron estate while visa and other issues are completed - Employees in this group who are on assignment arrangements to UBS-W will be issued a regular access card - available in the same way as other new UBS-W employees.

Estate employees who are working with UBS-W on transition issues  - If they will be based in UBS-W office space they should talk to their UBS-W counterpart for approval and then UBSW HR for the issue of a UBS-W contractor card (in addition to their regular Enron badge).


You can remove me from the distribution list.


Please provide the confirm desk with appropriate language to satisify the
terms of this credit worksheet.

Thanks
Brant


Someone has a sense of humor and too much time on their hands.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490
----- Forwarded by Travis McCullough/HOU/ECT on 06/28/2000 03:41 PM -----

	Robert H George@ENRON
	06/28/2000 03:27 PM

		 To: Travis McCullough/HOU/ECT@ECT
		 cc:
		 Subject: FW: Enron Press Release

This sounds like something you might have produced.
---------------------- Forwarded by Robert H George/SA/Enron on 06/28/2000
05:28 PM ---------------------------

Nancy Muchmore
06/28/2000 05:41 PM
To: Robert H George/SA/Enron@Enron
cc:

Subject: FW: Enron Press Release

So THIS is what it means to be "over the wall"?
---------------------- Forwarded by Nancy Muchmore/NA/Enron on 06/28/2000
02:40 PM ---------------------------

Lauren Hagerty@ENRON_DEVELOPMENT
06/28/2000 01:35 PM
To: Michelle Hicks@Enron Communications, Nancy Muchmore/NA/Enron@Enron
cc:

Subject: FW: Enron Press Release

Inaccurate reporting, we would have secured naming rights.
---------------------- Forwarded by Lauren Hagerty/ENRON_DEVELOPMENT on
06/28/2000 01:35 PM ---------------------------

Ron Griffin <rgriffin@BRITISH-BORNEO.com> on 06/28/2000 01:18:55 PM
To: "'Lauren.hagerty@enron.com'" <Lauren.hagerty@enron.com>
cc:

Subject: FW: Enron Press Release

Can you find out who the developer was on this?

> Subject: Fwd: Enron Press Release
>
>
>
> >  FOR IMMEDIATE RELEASE
> >  -----------------------
> >
> >Today Enron and Hades announced a definitive energy services agreement
> said
> >to be worth an estimated $666 Trillion.  In the deal, Enron will provide
> >both gas and electric commodities to Hades' facilities throughout and
> under
> >North America.  John D. Rockefeller, former CEO of energy monopolist
> >Standard Oil, is now head of Hades' energy management division.  Said
> >Rockefeller, "Obviously Hell has significant heating demands.  While
> >eternal
> >flames are a great idea in concept, they require vast and reliable fuel
> >resources.  Enron was the only supplier willing to make a deal with my
> >boss,
> >and, as a former monopolist, I just like the way they do business."
> >
> >  A spokesperson for Enron said the two cultures were able to work easily
> >together during negotiations.  According to the company, "The deal fits
> >both
> >companies exceptionally well.  With Hades' ability to attract and
> >retain new customers, we see this as a fabulous growth opportunity for
> >millennia to come."  According to several energy industry insiders,
> Hades'
> >high heating demand with very little need for summer air conditioning
> make
> >it a very attractive energy portfolio addition.
> >
> >Hades is a multinational corporation with millions of sites worldwide and
> >approximately 173 quintillion customers.  The entity boasts sustained
> high
> >growth rates over the last two thousand years.
> >
> >  Enron is one of the world's leading energy and communications
> companies.
> >The company owns approximately $37 billion in energy and communications
> >assets.  Enron ranks in the top quarter of Fortune's "Best 100 Companies
> to
> >Work For if You Can Keep A Job There and Don't Mind Working 80 Hours A
> >Week," and is among the most respected corporations in America, as ranked
>
> >by
> >customers with respect-us-or-get-curtailed clauses in their energy supply
> >contracts.
> >
> >
> >
> >
>
> ________________________________________________________________________
> Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com

******************************************************************
This email and any files transmitted with it from El Paso
Energy Corporation are confidential and intended solely
for the use of the individual or entity to whom they are
addressed. If you have received this email in error
please notify the sender.
******************************************************************


Here is a revised version of Monday's memo on the first day of Stickler's
deposition.? Sorry for the screw up the first time.

 <<depsum.doc>>

This e-mail message may contain legally privileged and/or confidential
information. If you are not the intended recipient(s), or the employee
or agent responsible for delivery of this message to the intended
recipient(s), you are hereby notified that any dissemination,
distribution or copying of this e-mail message is strictly prohibited.
If you have received this message in error, please immediately notify
the sender and delete this e-mail message from your computer.

 - depsum.doc


All:

	The migration freeze has ended and the EnPower database was moved to a new and more powerful server Saturday.  I received feedback from those parties testing Deal Entry, Deal Blotter and FSP's EnPowerDealLibrary. Currently we are planning to migrate the applications with Legal Entities at COB today.  Please let me know if you have any concerns.  After one day with the new applications, we will run the script to populate the Legal Entities columns for existing deals (Tuesday night.)  Finally, on Thursday we will remove the Legal Entities columns from Deal Peers (which were never populated.)

Regards,
Bill x53492


Our meeting has been changed to Tuesday, December 19, 10:30a in EB-48C2.
Please be prompt.

Thanks,

adr

Audrey Robertson
12/06/2000 03:18 PM
To: Audrey Robertson/ET&S/Enron@ENRON
cc: Lindy Donoho/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron, Steven
Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Lorraine
Lindberg/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON, Christine Stokes/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron

Subject: Re: Status Update Mtg w/Steve

Okay, you guys.  Wednesday is not going to work for Lorraine.  I'm going for
Tuesday morning, December 12th, 10:30a.

This will work for everyone, I'm positive!!!

Place this time on your calendars please and don't prepare anything for this
meeting, okay?  okay!!!

adr

Audrey Robertson
12/06/2000 02:52 PM
To: Audrey Robertson/ET&S/Enron@ENRON
cc: Lindy Donoho/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron, Steven
Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Lorraine
Lindberg/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Susan
Scott/ET&S/Enron@ENRON, Christine Stokes/ET&S/Enron@ENRON, Michelle
Lokay/ET&S/Enron@Enron

Subject: Re: Status Update Mtg w/Steve

Wednesday, December 13th.

Thanks Linday (smile).

adr

Audrey Robertson
12/06/2000 02:18 PM
To: Lindy Donoho/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron, Steven
Harris/ET&S/Enron@ENRON, Kevin Hyatt/ET&S/Enron@Enron, Lorraine
Lindberg/ET&S/Enron@ENRON, TK Lohman/ET&S/Enron@ENRON, Audrey
Robertson/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON, Christine
Stokes/ET&S/Enron@ENRON, Michelle Lokay/ET&S/Enron@Enron
cc:

Subject: Status Update Mtg w/Steve

Steve would like to meet with all of his Direct Reports on Wednesday, 10:30a
in his office.

Please mark your calendars accordingly.

Susan, we are aware  that you will be on vacation, Steve will arrange to have
you updated when you return.

Thanks in advance for placing this time on your calendars.

adr


Attached is a memorandum discussing Mississippi law relating to consequential
damages.  Please contact me if you have any questions.

Thanks,
John Brunini


Are any of you still holding posted journal entries from Jan. Close?  If so
will you please let me know what companies they are.  This will be an FYI
kind of thing for me incase any of the accountants come around looking for
specific entries.  Thanks for your cooperation.

dd


nothing i just wanted to get out of here for a minute

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 1:43 PM
To:	Maggi, Mike
Subject:	RE:

i have to finish something for ny.  what's up?

 -----Original Message-----
From: 	Maggi, Mike
Sent:	Monday, November 19, 2001 1:42 PM
To:	Nelson, Michelle
Subject:	RE:

coffee?

 -----Original Message-----
From: 	Nelson, Michelle
Sent:	Monday, November 19, 2001 1:31 PM
To:	Maggi, Mike
Subject:

where did you go brat?  oh, and I can kick pretty hard.


Could you fill out any work request forms that have not been completed?  I'll
have Julie update them into the db so we can keep track.  An electronic copy
is preferred so we can save time typing one.

JD


Start Date: 4/25/01; HourAhead hour: 21;  HourAhead schedule download failed.
Manual intervention required.


I would like to schedule a conf. call on Tuesday morning the 16th, at 11:00
am (Houston time) to update everyone on GENCO and answer any questions that
you all may have and also to see where we stand on PPAs, models, PDAs,
curves, etc.  I am sitting down with Delainey and Donahue on Wednesday to
talk about all the above and I need to be in a position to send out
preliminary info late Wednesday or early Thursday to interested parties.

I will schedule a call-in number.  Please let me know if this works for you.

Thanks,

Don
713-853-0492


I got a call from AEP asking that we have Louise initial the changes we made
in the CA and fax it back to them - is she here today?


Jonathan Lakritz just called to change the Wood all-party to 11 a.m.
tomorrow.


Vince,

Just wanted to let you know that I have done some preliminary, high level,
research into this commodity and would be glad to share it.  Please let me
know if you would be interested in it.  Thank you.

Shalesh Ganjoo

	Vince J Kaminski@ECT
	05/01/01 10:20 AM

		 To: Shalesh Ganjoo/Enron Communications@ENRON COMMUNICATIONS@ENRON
		 cc: Elsa Piekielniak/Corp/Enron@Enron
		 Subject: Re: Trading Ag Prods.

Shalesh,

A good idea.  I shall forward it to the AG traders.

Vince

From: Shalesh Ganjoo@ENRON COMMUNICATIONS on 05/01/2001 10:12 AM
To: Nelson Neale/NA/Enron@ENRON
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: Trading Ag Prods.

Nelson,

I know you are focusing on agricultural products for trading, so I just
wanted to know if we are looking at Wool.  I know that it's traded in
Australia and New Zealand, so we might be able to look into it as well.
Please let me know.  Thank you.

Shalesh Ganjoo


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                OCTOBER 01, 2001

Notice ID: 3144
5 - NO RESPONSE REQUIRED

SUBJECT:   LINE SM-123

Due to long-wall mining activity occurring under Columbia's Line SM-123 in
Mingo County, WV, the line will be taken out of service.  Columbia anticipates
this outage to begin in late October 2001 and run through approximately
mid-November 2001.  However, the start date and duration of the outage is
contingent upon the actual timing and progress of the long-wall mining
activity.  Given the level of firm commitments in this area, Columbia believes
that there will be no available capacity for interruptible transportation.  The
following receipt points will be affected:

   Equitable Gas:    Beaver Creek      (H1)
                     Hi Hat            (F3)

   CNR Pipeline:     Boldman           (CNR02)
                     Conoway           (CNR03)
                     Johns Creek       (CNR08)
                     Canada            (CNR09)
                     Canada            (CNR10)
                     Stafford          (CNR11)
                     Thacker/Majestic  (CNR12)
                     Briar Mtn.        (CNR13)
                     Huff Creek        (CNR14)

   Conoco:           Grant             (P1)

The same is true with respect to any Appalachian production flowing directly
into Columbia's Line KA between Columbia's Boldman Compressor Station and
Columbia's Huff Creek Compressor Station as well as production flowing into
Columbia's Lines SM-116, KA-15, PM-3 and PM-17.

If you have any questions, feel free to contact your Customer Services Team.


Due to technical issues, the Executive Summary for September 26, 2001 will be delayed until later this evening.


Here's a copy of what we filed at FERC today.
---------------------- Forwarded by Mary Hain/HOU/ECT on 02/08/2001 10:52 AM
---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Ronald Carroll" <rcarroll@bracepatt.com>
02/08/2001 09:58 AM

To: <nolan.steiner@avistacorp.com>, <dvermillion@avistaenergy.com>,
<rmcmanus@bakerbotts.com>, "J. Clifford Gunter" <cgunter@bracepatt.com>,
"Jeffrey Watkiss" <dwatkiss@bracepatt.com>, "Paul Fox" <pfox@bracepatt.com>,
<gfergus@brobeck.com>, <JChen@brobeck.com>, <dmbutz@butzdunn.com>,
<andrzej_kabarowski@cargill.com>, <phillip_fantle@cargill.com>,
<psteele@coral-energy.com>, <rreilley@coral-energy.com>,
<kjohan@dwp.ci.la.ca.us>, <jmpa@dynegy.com>, <joel.newton@dynegy.com>,
<dfulton@enron.com>, <elizabeth.sager@enron.com>, <jhartso@enron.com>,
<jsteffe@enron.com>, <mary.hain@enron.com>, <richard.b.sanders@enron.com>,
<rsanders@enron.com>, <smara@enron.com>, <snovose@enron.com>,
<sstack@enron.com>, <Fyanney@fulbright.com>, <jheath@fulbright.com>,
<jfrizzell@gibbs-bruns.com>, <sbishop@gibbs-bruns.com>,
<gkeltner@jsslaw.com>, <mghelms@jsslaw.com>, <dpickett@mdbe.com>,
<gerspamer@mofo.com>, <kirvin@mofo.com>, <rloeffler@mofo.com>,
<bcurrey@omm.com>, <jstamper@omm.com>, <john.fryer@pacificorp.com>,
<rbstrong@painehamblen.com>, <thord@perkinscoie.com>,
<jtiffany@pillsburywinthrop.com>, <nancy.loftin@pinnaclewest.com>,
<Timothy.Bolden@pinnaclewest.com>, <dmperlman@powersrc.com>,
<rosteen@powersrc.com>, <awu@qeuo.com>, <hao@quinnemanuel.com>,
<drusso@reliantenergy.com>, <mderstine@rhd-law.com>, <rheyman@rhd-law.com>,
<dgarber@sempra.com>, <wdsmith@sempra.com>, <rbeitler@sempratrading.com>,
<aorchar@smud.org>, <jdalfano@srpnet.com>, <paramfjord@stoel.com>,
<rcjosephson@stoel.com>, <mbrosterman@stroock.com>, <mgoldstein@stroock.com>,
<pjazayeri@stroock.com>, <theftler@stroock.com>, <ayudkowsky@strook.com>,
<katalin_kiss@transalta.com>, <sterling_koch@transalta.com>,
<antoine.cobb@troutmansanders.com>, <cfr@vnf.com>, <gdb@vnf.com>,
<hes@vnf.com>, <gackerman@wptf.org>
cc: "Andrea Settanni" <asettanni@bracepatt.com>, "Tracey Bradley"
<tbradley@bracepatt.com>
Subject: Electronic Copy of Complaint Against PX

I've attached an electronic copy of the complaint, which has been filed
within the past hour.  Hard copies that also include the cover letter, Fed.
Reg. notice, and Appendix for service list are being mailed to all persons on
FERC's service list in EL00-95-000 (the San Diego complaint proceeding).

Thanks to all who contributed to this project; it was truly a group effort.
And special thanks to the nine companies that agree to join as signatories.

For those companies that did not join in, we encourage you to intervene ASAP
in support of the complaint, including the request for an immediate
suspension of the chargeback before the next round of chargeback invoices
come due (which we believe could be as early as Feb. 15).  Since we are
asking FERC to suspend the chargeback no later than Feb. 14, your immediate
intervention would be very helpful.

Thanks again.  Ron

 - CALPXCOM.DOC


Start Date: 4/17/01; HourAhead hour: 9;  No ancillary schedules awarded.
Variances detected.
Variances detected in Energy Import/Export schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001041709.txt

Error retrieving price data (Record/Key deleted.
Record is deleted.
Table) - process continuing...
---- Energy Import/Export Schedule ----
$$$ Variance found in table tblINTCHG_IMPEXP.
     Details: (Hour: 9 / Preferred:  12.00 / Final:  11.98)
  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/17/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL


Can you guys look at preparing credit terms for the ISDA as you probably know
them better than I.  Thanks!
---------------------- Forwarded by Tanya Rohauer/HOU/ECT on 07/28/2000 01:54
PM ---------------------------
From: Sara Shackleton on 07/28/2000 01:51 PM
To: Tanya Rohauer/HOU/ECT@ECT, Paul Radous/Corp/Enron@ENRON
cc:
Subject: Pacificorp Power Marketing ("PPM")

I received a call again from Gary Ordway.  Who will be preparing credit?
Gary asked that his credit person be copied and his name is John Fryer.
Thanks.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 07/28/2000 01:42 PM -----

	Sara Shackleton
	05/10/2000 02:25 PM

		 To: Tanya Rohauer/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT
		 cc:
		 Subject: Pacificorp Power Marketing ("PPM")

All:  I received a request from PPM to send our form of ISDA to document
trading.  We previously sent a draft to these guys on 1/13/99.  The only
difference is that they now want to trade and the Scottish Power acquisition
is done.  The contact is:

Gary Ordway
830 N.E. Holladay
Suite 200
Portland, Oregon  97232


Aneela:

I received the referenced agreement in inter-office mail.  According to
Cheryl's latest report,  identical agreements were executed by both ENA and
ECT Investments, Inc. on or about 4/12/01.

What is it that you are asking us to do with the draft from "Jamie"?

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com


Greg,

I have forwarded you via inter-office mail 2 execution originals of the Rio
Nogales Interconnect Agreement for your further handling.

Thanks,

Eric Gillaspie
713-345-7667
Enron Building 3886


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Kay,  I think they will have the following questions:

3.  Liquidated Damages - does this still allow "unit contingent" power
deals?  That is all we will be buying from them.
5.  Events of Default and Remedies - Is this OK with Mississippi law??
6.  Billing and Payment Netting - I don't think the terms will work.  Their
boards meets the second and fourth Tuesday of each month.  Payment cannot be
authorized until the board approves.
10.  Miscellaneous - the arbitration language is the Houston venue....

I just got your email, so I will send it anyway.

reagan
 -----Original Message-----
From:  Mann, Kay
Sent: Friday, April 27, 2001 4:00 PM
To: Rorschach, Reagan
Subject: long form confirm/MDEA

Starting point for exhibit 2

 << File: long form template.doc >>