We have been asked to reclassify the Merchant Assets on the DPR.  Currently, these assets are shown below the total trading line of the DPR, because, as per the risk policy, they should not be considered when assessing trading activities against the trading limits.

By the end of this week, we plan to show the merchant assets P&L for each group separately under the appropriate business, and then reverse the P&L at the bottom of the DPR to arrive at total trading P&L. Currently, there are no plans to allocate Merchant Asset VAR or positions separate business units.  In order to show total Merchant Asset P&L, positions and VAR the Merchant Asset summary currently at the bottom of the DPR will be retained.

I am attaching a sample version of the changes discussed above.  Please call me at X39123 if you have any questions or concerns about these changes.

Thank you,

Shona Wilson
Director, Global Risk Operations.


Gumba!

What's cooking?  I work tomorrow.  Jerry can holler at me if  he wants.  How
are  you?  How did your back get?  I have not heard back from Gerald on the
tractor and lease.  I guess if he wants it that will be good.  If he does
not want it, I guess that will be good as well.
It is 4:30 and I am ready to depart from here in my room!  Keep your powder
dry and be safe!

Yo'  Bro'

Dow
W. Don Germany, Jr.
2301 N Brazosport Blvd
B 3611
Freeport, Texas 77541

Pager 1 800 451 0491 (0448)
Office 979 238 2102
Home 979 548 7034

-----Original Message-----
From: Germany, Chris [mailto:Chris.Germany@ENRON.com]
Sent: Tuesday, May 22, 2001 3:20 PM
To: Don Germany (E-mail); Jerry & Barbara Germany (E-mail)
Subject: Notary

I've signed off on the settlement.  Now when would you gentleman like to
get together?  Both of you need to sign the settlement in front of a
notary as well.


Start Date: 3/7/01; HourAhead hour: 9;  HourAhead schedule download failed.
Manual intervention required.


Dave,

Here is the data you requested.

JD

dfmatson@attbi.com on 06/27/2002 04:52:33 PM
To: marka.fisher@ps.ge.com
cc: jeffrey.duff@ps.ge.com

Subject: Re: Desert Sky curtailment lists

Mark or Jeff:
I only have met data for site 653 up to early April.
Can you get me the data for April and May ASAP?
Thanks,
David

--
David F. Matson
Consulting Meteorologist
1650 Saint Lawrence Way
Pleasant Hill, CA  94523
925-933-7505 (voice & fax)
dfmatson@attbi.com


Steve,

Sorry to cut you off, Dr. Boxleiter called me back.  He was unaware that Dad
might be released soon and also said that he thought that it would be
premature to do so.  He promised to look into Dad's release and let us know
what is going on.  Boxleiter also told me that Dad is on some different
medication: Ridilin (sic), an appetite stimulant, Rimeron, and possibly
Buspar (still).  Mom was unaware of the Ridilin.

Here are the Doctor's telephone numbers:

Boxleiter 584-3500
Herman  557-9111
Schoup  557-9111

Let me know if you and when you reach them so that we don't both badger
them.  I will do the same.  My plan is to call every day until I reach them.
Failing that, I will be in MPLS this week and able to fly down on a moment's
notice.

Take care,

Rob

P.S.  Dad was moved to room 422 which is "Skilled Care" - a Medicare thing.


COLUMBIA GAS TRANSMISSION CORPORATION
                        NOTICE TO ALL INTERESTED PARTIES
                                NOVEMBER 19, 2001

Notice ID: 3280
5 - NO RESPONSE REQUIRED

Individuals from the following teams will be on duty (from 8:00 a.m. until
10:00 p.m.) in Customer Services on Saturday, November 24, 2001 and Sunday,
November 25, 2001:

NOMINATIONS & CONFIRMATIONS

Team 6      (Saturday and Sunday)            304-357-3702
Team 7      (Saturday only 10 a.m.-10 p.m.)  304-357-2887
Team 7      (Sunday only   10 a.m.-10 p.m.)  304-357-2375

Team 1 (Evening Shift) will be on duty (from 2:00 p.m. to 10:00 p.m.)
November 26 through November 30, 2001:

NOMINATIONS & CONFIRMATIONS

Team 1                                       304-357-3708

Please note that the Columbia Navigator system is unavailable every Sunday from
11:00 p.m. until Monday at 6:00 a.m. for routine system maintenance.

If you have any questions, please contact your Account Representative.


Please note regarding "finance deals, prepays".
----- Forwarded by Sara Shackleton/HOU/ECT on 11/27/2000 08:18 AM -----

	Tanya Rohauer
	11/27/2000 07:19 AM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Re: Global Finance Deals: year-end, quarter-end, year round

Please keep Bill and I in the loop.  Thanks.

From: Sara Shackleton on 11/22/2000 05:27 PM
To: Tanya Rohauer/HOU/ECT@ECT
cc:
Subject: Global Finance Deals:  year-end, quarter-end, year round

Tanya:

This year is no different from any other year and we are always asked to
review the swap component of the Global Finance structured deals.  We are
also seeing lots of prepays.

Who is the credit person to be apprised of these transactions?  Should we
immediately involve you and Bill?

At the moment, Mary Cook, Angela Davis (legal finance group) and I are
juggling the deals.

Please let me know and I'll alert the swap group.  Thanks.  Sara


"I accept the terms and conditions of this Pilot Participant Agreement."

Kevin Ruscitti


Dan, in response to the following memo, can you discuss with Rick his ideas.  I would also like to go through a detailed description of each EES office, its people and functions to determine which should be eliminated and which should be modified.  Given the latest redeployments and terminations the field offices are a shadow of their previous stature either way.  This is consistent with our overall strategies but perhaps we want to accelerate.  If you could help set up the framework to discuss I would much appreciate.

Good job on handling the "5's".

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/EES on 08/10/2001 11:03 AM ---------------------------
From:	Rick Buy/ENRON@enronXgate on 08/10/2001 10:53 AM
To:	David W Delainey/HOU/EES@EES, Janet R Dietrich/HOU/EES@EES
cc:	John J Lavorato/ENRON@enronXgate
Subject:	Remote Offices- Suggestions

After reviewing the Doorstep audit at Long Beach with the team I have the following conclusion:

1. We should shut these offices down because we can not control them. They don't make much money and will be a huge negative after losses at Long Beach.

---or----

2. We establish a rigid template for how these offices operate. My thought is that we create a McDonalds Hamburger type operation. Each office is exactly the same and operates under precise and well communicated rules. "Hamburger" quality is monitored from Houston routinely.

There are a huge number of these remote offices so we need to address how we proceed.

Any thoughts? Rick


?

?http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/05/03/MN104110.DTL
 - How energy giant tried to cut a deal - Duke Inc. offered to reduce bill if
state halted probes.url


Okay, thanks.
Iris

 -----Original Message-----
From:  Kaminski, Vince
Sent: Monday, April 30, 2001 11:26 PM
To: Mack, Iris
Subject: Re: FW: Market making document

Iris,

Tom Gros is the person who can  help.

Vince

From: Iris Mack/ENRON@enronXgate on 04/28/2001 01:34 PM
To: Martin Lin/HOU/ECT@ECT, Martin Lin/Contractor/Enron Communications@Enron
Communications, Chonawee Supatgiat/Corp/Enron@Enron
cc: Vince J Kaminski/HOU/ECT@ECT
Subject: FW: Market making document

Hi,

 Do you guys know anything about the document mentioned in the forwarded
email?

Thanks,
Iris

 -----Original Message-----
From:  Nalin Kulatilaka <nalink@bu.edu>@ENRON
[mailto:IMCEANOTES-Nalin+20Kulatilaka+20+3Cnalink+40bu+2Eedu+3E+40ENRON@ENRON.
com]
Sent: Saturday, April 28, 2001 9:13 AM
To: Mack, Iris
Subject: Market making document

Hi Iris

I heard that Enron has a comprehensive document that lays out issues
related to bandwidth trading.  Would you be able to track it down for me
easily?

Nalin


I think these guys are trying to create a $35M line ($15M Collateral
Threshold from the ISDA Credit Support Annex and a separate $20M line for the
Global agency trading).  All trading with Cargill will be subject to the ISDA
Master Agreement and Credit Support Annex.

Wendi and I discussed briefly and we'll call you later.  It seems that Wendi
has spoken with Mark Rubenstein who handles credit and there is some
confusion.

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

	Caroline Abramo@ENRON
	03/02/2001 10:46 AM

		 To: Wendi LeBrocq/Corp/Enron, Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: RE: POA/ Cargill line...

what do you think?
---------------------- Forwarded by Caroline Abramo/Corp/Enron on 03/02/2001
11:44 AM ---------------------------

Joe_Lardy@cargill.com on 03/02/2001 10:39:03 AM
To: Caroline.Abramo@enron.com
cc: dlm@globaladvisors.co.uk, Sara.Shackleton@enron.com,
Wendi.LeBrocq@enron.com

Subject: RE: POA/ Cargill line...

Currently Cargill and Enron have a 15MM collateral threshold.  If
possible, I think the cleanest way to run this biz would be to put a
box around the prime broker biz.  We would still operate under the
master isda but could set up a mutually agreeable credit support annex
for this biz.  We would still keep the 20,000,000 line referenced in
Schedule B of the POA agreement.  The line in the POA is a seperate and
distinct measure from the daily collateral.  The 20 mill reflects gross
exposure.  Let me know if you think this is reasonable and workable.
We too, are open to suggestion as the Global and Enron relationships
are very important and a high priority to us.

Thanks
Joe

-----Original Message-----
From: Caroline.Abramo@enron.com [mailto:Caroline.Abramo@enron.com]
Sent: Friday, March 02, 2001 7:26 AM
To: lardy, joe /xtwn
Cc: dlm@globaladvisors.co.uk; Wendi.LeBrocq@enron.com;
Sara.Shackleton@enron.com
Subject: POA/ Cargill line...

Joe-  a few things regading the POA/ Cargill line..

I am going to find out how much line we currently have available... you
probably already have this.  We should allocate a piece to Global which
would solve the problem of other Cargill people using the line, putting
us
over the limit, without me knowing...

We could change the language of the POA to this... we will not go over
Global's piece of the Cargill line...I think this would solve our main
concern...

Please let me know... we are eager to keep trading with Global and
yourselves...

Regards,
Caroline


********* Welcome to Bestfares.com's HOT DEALS BY EMAIL ************

BESTFARES.COM is your source for HOT TRAVEL DEALS. Visit our home
page at http://www.bestfares.com. Also, remember to visit our Newsdesk
daily at http://www.bestfares.com/travel_center/desks/newsdesk.asp
where we post hundreds of deals every day that could save you up
to 70% every time you travel! Subscribe and unsubscribe information
can be found at the bottom of this newsletter.

**************************** November 22, 2000  ************************

As promised, here are two deals you can gobble up for savings--$328
roundtrip to your choice of 15 Caribbean cities for travel through June 15
AND coast-to-coast U.S. travel for $198 roundtrip, or less.

Most of us are busy preparing for the Thanksgiving holiday and clearing
the decks for a  four-day weekend. Bestfares.com will be posting new deals
throughout the holiday, but we,ll make this newsletter short and sweet,
whet your appetite with the best of our specials and leave you with room
for delicious desserts of deals. Our hot, new Caribbean sale can save you
up to 60 percent in the most popular travel season, and you still have
time for last-minute savings on Turkey fares. Without further ado, we,ll
serve up our buffet of bargains.

50 U.S. CITIES TO 15 CARIBBEAN CITIES FROM $328 RT
Bestfares.com offers members a chance to perk up in a Caribbean paradise
with peak season fares beginning at only $328 roundtrip for travel through
June 15, 2001. We are having one knockout of a sale to 15 Caribbean cities
with airfares discounted by up to $500 for the high winter season, when
many travelers want to warm themselves under the tropical sun. We,ll warm
your body and protect your wallet with solar savings. From Eastern and
Southeastern cities, roundtrips are only $328; from the Midwest, $428; and
from the West Coast, just $458. These specials are valid to Caribbean
treasures including St. Maarten, San Juan, St. Croix, St. Thomas, Aruba,
Montego Bay, Grand Cayman, Cancun, Bermuda and Santo Domingo. We,ll also
save you money on travel to Nassau and other islands in the Bahamas. For
fun and sun this winter, spring to the Caribbean at
http://www.bestfares.com/view.asp?id=10088489

SUPER $198 RT SALE COAST-TO-COAST BETWEEN 58 U.S. CITIES
This past week, we watched business travelers get hit with their sixth
fare hike of the year. Some routes of over 1,500 miles have increased by
as much as $370 roundtrip since January 1, 2000. Fight back with our
leisure fares from select U.S. cities that let you fly coast to coast for
as little as $198 roundtrip through March 30, 2001 (travel to Florida
markets is valid through March 14). For example, fly from Seattle to
Orlando or San Diego to Baltimore. You have many options for travel
throughout the nation. Tickets must be purchased by December 1, 2000. Get
back some of the money the airlines have gotten for your business trips by
using our coast-to-coast $198 Super Sale fares. Access more information at
http://www.bestfares.com/view.asp?id=10067898

THERE,S STILL TIME TO FLY ON TURKEY DAY FROM $59 RT
The trick to getting a great fare for those last minute home for the
holiday flights is to travel on Thursday and return on Friday. These
specials are valid for travel throughout both days, but availability is
best for travel later in the day on Thanksgiving, and return travel early
in the day on Friday. You can enjoy a late meal with your family, pack up
some leftovers and be home in time to rest up over the weekend. These
deals start at $59 (New York City to Boston, for example). You can travel
coast to coast from $151. Fares are based on one-way mileage: 250 miles
for $64 to $79 roundtrip; 251-500 miles for $79 to $99 roundtrip; 501-750
miles for $103 to $129 roundtrip; 751-1,000 miles for $119 to $149
roundtrip; 1,001-1,250 miles for $139 to $169 roundtrip; and over 1,250
miles for $151 to $189 roundtrip. Get the big end of the holiday dinner
wishbone by checking http://www.bestfares.com/view.asp?id=10098966

EUROFARE IS BACK! HOPSCOTCH EUROPE FOR ONLY $89 PER FLIGHT
If you want to see city after city in Europe on a cheap buck there is only
one word to say and it,s &Eurofare.8  Imagine flying from Paris to Rome
for $89 or how about London to Amsterdam for that same incredibly low
rate?  All you have to do is purchase a round-trip transatlantic ticket on
Lufthansa or United Airlines from the USA to Europe and then you can
travel to more than 100 cities in 35 countries within Europe for only $89
per flight.  That,s right, Lufthansa Airlines, Eurofare is back and it,s
taking you on a ride to your favorite European cities for only $89 per
flight!

One-way fares from Frankfurt to Rome are as high as $871 and Munich to
Paris currently sells for $345 on a major European Airline. At $89 per
flight for the same cities Eurofare is a great bargain! To qualify book a
roundtrip airline ticket on Lufthansa or United Airlines now through March
30, 2001 and you can add up to six additional flights within Europe for
only $89 per flight.  Your originating transatlantic flight must depart by
March 31, 2001 and your roundtrip travel must be completed by April 7,
2001.

Some restrictions and blackouts apply so you may want to read our full
story by visiting:
http://www.bestfares.com/view.asp?id=10105980
or visit Lufthansa,s web site at:
http://www.lufthansa-usa.com/bf_efe_oc00.html

EUROPEAN CAR RENTALS STARTING AS LOW AS $14 A DAY
Our car rental partner, Auto Europe, is having a great year-end sale for
rentals booked online before December 15, 2000. During this sale you can
expect to shave up to 20% off their already low standard rates for car
rentals through end of next year (12/30/01)!  And, Auto Europe is
sweetening the deal by also throwing in a free one-week cellular phone
rental during this sale. For example, below are some of Auto Europe,s low
standard rates and if you book online during this sale you can save up to
20% more:

3-day rental in Paris - $60 (That,s only $20 a day!)
3-day rental in Munich, Frankfurt and Berlin - $79 ($26 a day!)
7-day rental in Paris - $100 (That,s only $14 a day!)
7-day rental in Munich, Frankfurt and Berlin - $132 ($19 a day!)

With savings like these on car rentals and airfares, there,s no reason why
you shouldn,t book a wonderful European vacation today. For complete
details click to our Newsdesk story at:
http://www.bestfares.com/view.asp?id=10105981. Or, book your European
rental car by visiting Auto Europe,s web site at
http://www.autoeurope.com/welcome.cfm?c=15.

Bestfares.com wishes a Happy Thanksgiving to all our members and readers.
We,re thankful for you 365 days a year. Look for our next newsletter on
Tuesday, November 28. Check our News Desk for new deals throughout the
holiday period (good thing gravy stains don,t show up on computer screens,
because we may be eating as we post). Members, please note that some of
our Travel Clubs will be closed Thursday and Friday in observance of
Thanksgiving.

********************************************************************

HOT DEALS BY EMAIL announcements feature special money-saving offers
available on Bestfares.com. This free, weekly newsletter is your
best bet to receive great, late-breaking travel deals.

Please feel free to send this newsletter to your colleagues, friends
and family and encourage them to sign up for a free subscription to
HOT DEALS BY EMAIL. Thanks to all of you who have already recommended
this newsletter to others. If this email has been forwarded to you,
you can get your own free subscription at:
http://www.bestfares.com/e-deals/e-deal.asp.

About your privacy: Our email list is used only for distribution of
our own materials. Our subscriber list will not be sold, rented, or
otherwise made available to third parties

********************************************************************

SUBSCRIPTION INFORMATION

To subscribe to the HOT DEALS BY EMAIL newsletter, please visit:
http://www.bestfares.com/e-deals/e-deal.asp.

To unsubscribe from HOT DEALS BY EMAIL, please visit:
http://www.bestfares.com/e-deals/unsubscribe.asp

To change your email address, please visit:
http://www.bestfares.com/e-deals/unsubscribe.asp
and unsubscribe from Hot Deals. Then go to:
http://www.bestfares.com/e-deals/e-deal.asp
and register your new email address.

Although every effort is made to ensure accurate information,
Bestfares.com is not responsible for any errors in this newsletter.


Fundamentals of Corporate Finance - May 24 & 25, 2001
in EB552   Cost:  $700.00

Do need to improve your understanding of Financial Statements?

Do you want to learn how Financial Statements disclosure is linked to Enron
activities?

Are you interested in learning about analysis of projections or
Improving your understanding of ratio analysis?

If your answer is yes, then this class is for you.

For registration, please login and enroll through the InvestInMe website,
http://www.corptraining.com/index.cfm?company=enron.  If you have any
questions, please contact us at 713 853-3057.


Welcome to Diabetes E-News Now!, Health Care Professional Edition.

You are receiving this newsletter by request. This weekly newsletter provides you with the latest news and events occurring in the world of diabetes and is brought to you by the American Diabetes Association.

Visit the online community of diabetes.org.
Explore.  Learn More.
__________________________________

THIS WEEK'S ISSUE INCLUDES:

A MESSAGE FROM THE AMERICAN DIABETES ASSOCIATION...
Get the Diabetes Information You Want!

PROFESSIONAL EDUCATION...
Are You Looking for Practical Strategies to Improve Patient Outcomes?
Dallas Regional Postgraduate Course, March 30, 2002
17th Annual Southern Regional Postgraduate Course, May 23-26, 2002

ONLINE SHOPPING...
Learning About Diabetes: A Game for Healthy Living
__________________________________

A MESSAGE FROM THE AMERICAN DIABETES ASSOCIATION...
Get the Diabetes Information You Want!
Did you know that by registering with the ADA Web site, diabetes.org, you can be provided with the diabetes information that is most interesting to you?  Simply click on the link below.  Once you have chosen your username and password, please take a few moments to tell us what type of diabetes information you are looking for and we'll do the rest!

Try it and see: http://www.you-click.net/GoNow/a16366a51186a99406973a1

PROFESSIONAL EDUCATION...
Are You Looking for Practical Strategies to Improve Patient Outcomes?
Attend the 49th Annual Advanced Postgraduate Course, February 1-3, 2002, San Francisco, California
Join your colleagues in the city by the bay to learn about the latest treatment and management advances in diabetes.  Meeting Highlight: The program will include a session on innovative strategies for improving outcomes in patients with diabetes and cardiovascular disease.  The session will include topics such as Treating Diabetic Dyslipidemia, Update on New Clinical Trials on CVD and Diabetes and Treating Hypertension: Mono and Combination Therapy.
Don't miss this opportunity!

For program and registration information, click here: http://www.you-click.net/GoNow/a16366a51186a99406973a3.

Dallas Regional Postgraduate Course, March 30, 2002
The Dallas Regional Postgraduate Course will take place on March 30, 2002, at the Dallas Marriott Las Colinas in Irving, Texas.  Plans for the program include sessions on Obesity, New Diabetes Treatments and Therapies, Nutritional Issues in Diabetes and Clinical Management of CVD in Diabetes.  In addition, workshop and meet-the-professor sessions include Assessment of Risk and Treatment of Obesity in Children, New Medicare Guidelines, Charcot Foot and Combination Therapy and Successful Interventions for Diabetes Self-Management.

For program and registration information, click here: http://www.you-click.net/GoNow/a16366a51186a99406973a2.

17th Annual Southern Regional Postgraduate Course,
May 23-26, 2002
Join us at the beautiful Boca Raton Resort & Club for the 17th Annual Southern Regional Conference on Diabetes - a comprehensive diabetes update for health care professionals of all specialities. This year's program features keynote lectures on the topics of Obesity Prevention, New Cardiovascular Risk Factors and much more!

For program and registration information, click here: http://www.you-click.net/GoNow/a16366a51186a99406973a4.

ONLINE SHOPPING...
Learning About Diabetes: A Game for Healthy Living
A great teaching tool for educators, it engages players so they retain more of what they learn.  Great for discovering do's and don'ts and resolving fears and objections.

For more information or to order this game, click here:
http://www.you-click.net/GoNow/a16366a51186a99406973a0
__________________________________

Some of the articles in Diabetes E-News Now! are generated from wire service stories only and not by the American Diabetes Association. Therefore, the American Diabetes Association has no control over the editorial or grammatical content and does not endorse the information contained in the articles. Neither the American Diabetes Association nor any third-party provider of information guarantees the accuracy, completeness, or usefulness of any content, nor its merchantability or fitness for any particular purpose. The articles mentioned above are available for 21 days from the date of this e-mail. If you experience difficulty accessing the news articles after 21 days, please e-mail:news@diabetes.org. Being a Diabetes E-News Now! Member is free and your privacy is guaranteed.

Click here to forward this message to a friend!
http://www.you-click.net/GoForward/a16366a51186aSa99406973a2

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This e-mail newsletter is sent to you free from the American Diabetes
Association. If you do not wish to receive further email communications
from the ADA, please visit the following link and select Unsubscribe.

http://www.you-click.net/Change-Remove/a16366a99406973a2a51186


Larry,

I had a brief discussion with our lawyers.  They are strongly advising us to
keep the changes we earlier incorporated, but to which you have not
assented.  As this is a matter of company policy, unfortunately we do not
have much room to maneuver.  If it would help you to have a direct
conversation with the lawyers to appreciate our company's perspective, I can
arrange for a phone call.  Please advise.  Thanks.

Rakesh

LawrenceLRTNMT@aol.com on 05/01/2001 08:06:47 AM
To: Rakesh.Bharati@enron.com
cc:

Subject: Mutually agreed upon changes okay

Hi Rakesh,

Thanks for your work on the non-disclosure agreement.

Your integration of our mutually agreed upon modifications looks good,
Rakesh.  Thanks!  I'll await your next version.

Larry


Hey.  It's international  friend week.  I'm sending Natasha an international
friend email.  I'll send you the email that I send her.  Here is the profile
I have built for her: 29 yr old, Teaches a children's Sunday School class,
excellent piano player, believes in recycling, helps little old ladies across
the street, loves arts and crafts shows, and bakes cookies!  What do you
think.

What's your wife's name?  I'm going to mention you and your wife in my email.


---------------------- Forwarded by Tom Acton/Corp/Enron on 04/02/2001 11:45
AM ---------------------------

ronald_s_fancher@reliantenergy.com on 04/02/2001 11:32:33 AM
To: tom.acton@enron.com, liz.bellamy@enron.com
cc:

Subject: apr 3 noms

This is a multipart message in MIME format.
--=_mixed 005ACF2486256A22_=
Content-Type: multipart/alternative; boundary="=_alternative
005ACF2486256A22_="

--=_alternative 005ACF2486256A22_=
Content-Type: text/plain; charset="us-ascii"

--=_alternative 005ACF2486256A22_=
Content-Type: text/html; charset="us-ascii"

--=_alternative 005ACF2486256A22_=--
--=_mixed 005ACF2486256A22_=
Content-Type: application/X-MS-Excel; name="HPL-Apr.xls"
Content-Disposition: attachment; filename="HPL-Apr.xls"
Content-Transfer-Encoding: binary

 - HPL-Apr.xls


fyi.

-----Original Message-----
From: Ordway, Chris
Sent: Monday, November 26, 2001 8:15 AM
To: Boudreaux, Shanna; Garcia, Clarissa; Lamadrid, Victor; Townsend,
Judy; Versen, Victoria
Subject: FW: TE Critical System Warning

FYI...

Chris

-----Original Message-----
From: infopost@duke-energy.com [mailto:infopost@duke-energy.com]
Sent: Monday, November 26, 2001 12:00 AM
To: infopost@duke-energy.com
Subject: TE Critical System Warning

November 26, 2001

As indicated by the Critical System Warning issued November 25, 2001,
based on anticipated system operations and weather conditions, as stated
below, TEXAS EASTERN TRANSMISSION, LP (Texas Eastern) is requiring that
all customers take immediate and prompt steps to eliminate excess
receipts and conform scheduled receipts to actual deliveries. This
system-wide warning is issued as a result of actual receipts into the
system significantly exceeding actual deliveries. This Critical System
Warning shall remain in place until further notice.

Weather in the market area continues to be unseasonably mild and
shippers have been filling contract storage inventories in anticipation
of the coming winter heating season.  At this time, Texas Eastern's
storage capacity is approximately 98% full.  As a result, there is
virtually no storage capacity or linepack available for system
operational purposes and Texas Eastern cannot continue to absorb actual
imbalances left on the system.

Because of the critical nature of this situation and the fact that Texas
Eastern no longer has the ability to further absorb imbalances being
left on the system, Texas Eastern requests that all customers coordinate
with their suppliers the actual quantities received into the system to
match actual customer takes in the market area.  No due pipe gas will be
accepted into the system until further notice.

If immediate action does not result in reducing the current volume of
gas being left on the system, Texas Eastern may be forced to issue an
operational flow order ("OFO") requiring actual receipts of gas to match
actual deliveries out of the system, which will be subject to the OFO
non-compliance penalty of $25 per dekatherm.  In addition and as
provided for in Texas Eastern's FERC Gas Tariff, Texas Eastern will take
any other actions as may be necessary to protect the integrity of its
system, including, but not limited to, suspension of OBA's.

*******************************************************************

NOTE:

Duke Energy Gas Transmission respects your online time and privacy.
You have received this email because you elected to subscribe. To
unsubscribe, login to the E-mail Notification Subscription page at
http://www.link.duke-energy.com/script2/Notification.asp
uncheck the appropriate checkbox, and click the Submit button.


Sounds good to me.

Tori Kuykendall
04/17/2001 01:50 PM
To:	Jay Reitmeyer/HOU/ECT@ECT, Susan M Scott/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Mike Grigsby/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT
cc:
Subject:	Re: Phillip

hope everyone is okay with this -- i talked to the people that were here and we all agreed.
---------------------- Forwarded by Tori Kuykendall/HOU/ECT on 04/17/2001 01:48 PM ---------------------------

Tori Kuykendall
04/17/2001 01:25 PM
To:	Ina Rangel/HOU/ECT@ECT
cc:
Subject:	Re: Phillip

not to be inconsiderate, but we did get him a gift last year and it seemed like nobody was really that interested in doing it.  we think it's dangerous to start buying birthday presents for some people and not others and the group thinks it's best if we dont start the trend.  we definitely want to do something for boss's day every year, but we think it's best to keep the birthdays simple.

<Embedded StdOleLink>


TASK ASSIGNMENT

Status:		completed

Task Priority:
Task Due On:
Task Start Date:

Chicago - joliet markets?


FYI news articles from Indian press.
---------------------- Forwarded by Sandeep Kohli/ENRON_DEVELOPMENT on
04/27/2001 08:24 AM ---------------------------

Nikita Varma
04/27/2001 07:51 AM
To: Nikita Varma/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  (bcc: Sandeep Kohli/ENRON_DEVELOPMENT)

Subject: From The Enron India Newsdesk - April 27th newsclips

Friday Apr 27 2001, http://www.economictimes.com/today/cm03.htm
DPC board empowers MD to cancel MSEB contract

Friday Apr 27 2001,  http://www.economictimes.com/today/27comp11.htm
MSEB pays Rs 134cr under 'protest' to DPC

Friday, April 27, 001,
http://www.businessstandard.com/today/economy4.asp?Menu=3
Enron India MD authorised to terminate PPA

Friday, April 27, 2001,http://www.financialexpress.com/fe20010427/top1.html
Foreign lenders slam brakes on disbursements to DPC , Sanjay Jog & Raghu Mohan
Global banks comfortable with Enron pull-out

Friday, April 27, 2001, http://www.indian-express.com/ie20010427/nat23.html
Enron: Dabhol chief gets powers to end deal with the MSEB

Friday, April 27, 2001, http://www.the-hindu.com/stories/0227000d.htm
Offer of renegotiation 'too late': Enron, By Mahesh Vijapurkar

Friday ,27 April 2001, http://www.timesofindia.com/today/27home2.htm
Enron ready to pull out, but lenders say wait

Friday, April 27, 2001, http://www.hindubusinessline.com/stories/142756dh.htm
DPC board authorises MD to issue PPA termination notice

Friday, April 27, 2001,
http://www.dailypioneer.com/secon2.asp?cat=story7&d=FRONT_PAGE
Enron testing Maharashtra's nerves, T N Raghunatha

Friday, April 27, 2001,http://www.telegraphindia.com/
ENRON SIGNAL TO SWITCH OFF DABHOL POWER

Friday, April 27, 2001,
http://www.thestatesman.org/page.news.php3?id=13026&type=Pageone&theme=A
Enron threatens to pull out

Friday, April 27, 2001,
http://www.chalomumbai.com/asp/article.asp?cat_id=29&art_id=10006&cat_code=2F5
74841545F535F4F4E5F4D554D4241492F5441415A415F4B4841424152
'DPC may not wind up'

Friday, April 27, 2001,
http://www.chalomumbai.com/asp/article.asp?cat_id=29&cat_code=2f574841545f535f
4f4e5f4d554d4241492f5441415a415f4b4841424152&art_id=9953
Enron offers 'no comment' on renegotiation, H S Rao

 http://www.afternoondc.com/
'ENRON'S ON!'
State govt. to renegotiate Dabhol Power Project , By Hubert Vaz

THE ECONOMIC TIMES, Friday Apr 27 2001
DPC board empowers MD to cancel MSEB contract

THE ENRON power project crisis on Thursday deepened with the board of Dabhol
Power Company authorising the management to issue a termination notice to the
Maharashtra State Electricity Board even while international lenders to the
project asked Enron to renegotiate power purchase agreement signed with the
MSEB.
The decision to authorise managing director Neil McGregor to issue "notice of
termination on the contract to sell 740 MW of power" was taken after the
board prevented MSEB from voting on the ground that it was an interested
party. The decision was taken with six votes in favour and the single
opposition vote was cast by IDBI, sources said.

According to reports, financial institutions such as ANZ Investment Bank,
Credit Suisse First Boston, Citibank, ABN-Amro and the State Bank of India
have on Wednesday advised Enron against terminating its PPA with MSEB. MSEB
chairman Vinay Bansal, who with two other directors attended the meeting on
Wednesday representing Maharashtra,s 15 per cent stake in the near $3-billion
project, said: "The Indian side told them that it would be unfortunate if
Enron broke the contract." While Bansal declined comment on the board
decision, the sources said the Indian side had expressed its interest to
holds talks on the issue rather than terminating the project and there were
possibilities of a fresh power purchase agreement between the company and the
state. (PTI)

THE ECONOMIC TIMES, Friday Apr 27 2001
MSEB pays Rs 134cr under 'protest' to DPC

 DESPITE the threat of a possible termination notice hanging on its head,
Maharashtra State Electricity Board on Thursday made a "protest payment" of
Rs 134 crore disputed amount, towards March bill of Rs 146.64 crore to
Dabhol. "We were ready with the payment on Wednesday itself, but DPC
officials could not collect the cheque due to the statewide bandh", a senior
MSEB official said. "We have disputed payment of Rs 12.64 crore and it would
be now taken up at the disputes resolution forum, of which Enron India
managing director K Wade Cline and Krishna Rao are members", MSEB sources
said.

Last week, DPC had dashed off a communication to the government and MSEB that
it would not accept "protest payments" anymore. Cline had said the energy
major shall treat such payments as an election to pay the sums, which MSEB in
fact owed DPC in full and that the company would also not recognise the
"purported protest or reservation". MSEB had paid a Rs 113.5 crore February
bill in protest last month. On April 23 last, both domestic and international
lenders of DPC had met in London and held exhaustive discussions the
multinational's move to issue a termination notice to MSEB and state
government. (PTI)

BUSINESS STANDARD, Friday, April 27, 001
Enron India MD authorised to terminate PPA

The board of the Enron-promoted Dabhol Power Company (DPC), at its meeting in
London on Wednesday, authorised the managing director of Enron India to issue
a notice for terminating the power purchase agreement to the Maharashtra
State Electricity Board and the state government. &The board has authorised
Wade Cline to serve the termination notice. However, this does not mean that
the termination notice will be served immediately. It is only an enabling
provision and will be used only if the situation arises,8 a state government
source told Business Standard from London. He said DPC was under pressure
from its lenders.
The DPC spokesperson here refused to comment on the issue. The hardening of
the board,s stand is in sharp contrast to the advice of DPC's lenders, who
had warned Enron not to precipitate matters by issuing a termination notice.
The lenders had arrived at a consensus that the termination notice need not
be served at this stage. Serving of the notice requires a nod from the
lenders, who have an exposure of about $2 billion in the project. Sources
said given the lenders' strong opposition to termination of the contract, the
Enron board's "enabling resolution" did not have much significance beyond
conveying a hardening of its stand with regard to the current imbroglio. The
Maharashtra Chief Minister had warned Enron not to scuttle the process of
crisis resolution by issuing a termination notice. The state government is to
nominate an expert group to renegotiate the terms of the Dabhol contract.
Enron holds 65 per cent in DPC, while US-based GE and Bechtel hold 10 per
cent each. The balance 15 per cent is held by MSEB through a special purpose
vehicle, Maharashtra Power Development Corporation. The MSEB representatives
were not allowed to vote at the meeting since they were an interested party.
The IDBI representative protested against the board's decision. The meeting
was attended by state energy secretary VM Lal. The meeting was held against
the backdrop of a dispute between MSEB and DPC over payment of bills.
After MSEB failed to pay Rs 102 crore towards the December 2000 bill, DPC
invoked the state government's guarantee and then the Union government's
counter guarantee. When payment of the Rs 127-crore January bill became
overdue, DPC again invoked the state government's guarantee. MSEB retaliated
on January 28, 2001 by slapping a Rs 401-crore penalty for non-supply of
electricity at adequate levels. It demanded that DPC adjust the bills against
this penalty. "This stand of MSEB was explained to DPC at the board meeting",
a state government official said. The Centre also supported MSEB's stand and
refused to honour the counter guarantee. The power company then invoked the
political force majeure clause. A process of conciliation and arbitration
between the Centre and DPC is currently on.
THE FINANCIAL EXPRESS, Friday, April 27, 2001
Foreign lenders slam brakes on disbursements to DPC , Sanjay Jog & Raghu Mohan
Global banks comfortable with Enron pull-out
Lenders to the Dabhol Power Company (DPC) are a sharply divided lot.
International lenders, in direct contrast to the stand taken by local ones
led by the the Industrial Develoment Bank of India (IDBI), are categorical
that additional assistance to DPC,s phase-II will be held in abeyance despite
the completion of 92 per cent of the project work.The stage is also set for a
preliminary termination notice to be served by DPC to the Maharashtra State
Electricity Board (MSEB) within the next four weeks.This follows the
authorisation given to Enron India,s managing director K Wade Cline and DPC
president & CEO Neil McGregor to serve the termination notice, and transfer
notices to MSEB, following Wednesday,s DPC board meeting in London.
The essence of the message from the international lenders following the
London meeting with DPC board is: Emotions do not work. Contractual
obligations and payments have to be met. We are convinced that the MSEB has
failed to meet its obligations. There is no point in Enron continuing with
the project and the company should get out of it.The structuring of DPC,s
debt has created two classes of lenders. In phase-I, international lenders
are covered by a sovereign guarantee while in phase-II, no lender is.
However, all lenders have a parri passu charge, making attachment of assets a
messy affair.
Sources in international banks were quick to point out that local lenders to
phase-II of the project are worried that an awry DPC project will affect
their interests more given that they have no security * other than assets *
like a sovereign cover. &It was this desperation that made local lenders like
IDBI slash the interest rates a few months back to 16.5 per cent from 21.5
per cent,8 a leading foreign banker pointed out.Three points that were made
clear and stressed in no uncertain terms by international lenders were: a)
there are contractual obligations b) MSEB was not punctual in its payments to
DPC and c) MSEB adopted a confrontational position by slapping a Rs 401 crore
rebate charge on DPC for misdeclaration and default on the availability of
power.
While local lenders led by IDBI * with MSEB parroting the same * were of the
view that the current situation is a temporary one, international lenders
were steadfast that pulling out of the project is the only way out. This is
despite the stance taken by IDBI and MSEB that authorisation for termination
given to Mr Cline and Mr McGregor was not called for. International bankers
pointed out that they will now have to look at the issue of charges and
protection for their loans in the event of the power project being scrapped
in its present form.The points of contention are: a) that phase-I of DPC is
backed by a sovereign guarantee b) phase-II is not and c) to the extent that
phase-II is covered by assets, cancellation of phase-II may see all assets *
even those under phase-I * getting attached. Therefore, an examination on the
segregation of assets under phase-I and phase-II is now warranted.
PTI adds: In a significant move, DPC board has empowered its management to
sever power supply agreement with MSEB, a move that could inflict a financial
liability of about Rs 2840 crore on the Centre. A decision to authorise DPC
president Neil McGregor to issue a termination notice to MSEB for sale of
power was taken by the board at its meeting on Wednesday.
THE INDIAN EXPRESS, Friday, April 27, 2001
Enron: Dabhol chief gets powers to end deal with the MSEB

THE BOARD of Dabhol Power Company, a subsidiary of Houston-based Enron Corp,
has decided to warn the Maharashtra State Electricity Board (MSEB) that it
intends to pull the plug on its Guhagar-based project.In a board meeting held
in London on Wednesday, the board decided to authorise DPC President and CEO
Neil McGregor and Enron India,s managing director K Wade Cline to serve a
++preliminary,, termination notice for sale of power to the MSEB within the
next four weeks.The Dabhol project has been mired in disputes since MSEB
began missing payments last year. MSEB owes Dabhol Power $48 million for
power delivered in December and January. The payment ran into a dispute after
MSEB slapped penalty notices of Rs 401 crore on DPC for its failure to supply
power within three hours of the demand being placed.But MSEB has paid $24
million for February. And a payment of $31 million was made for March on
Thursday.
The $3 billion Dabhol project is the largest foreign investment made in India
to date. Issuing the preliminary termination notice could enable Dabhol to
suspend deliveries as it negotiates payment disputes.While a preliminary
termination notice is the first of three steps that could potentially lead to
the abandonment of the project by Enron, analysts have described the decision
as a ++procedural,, move consistent with DPC,s negotiating strategy to
recover overdue payments from the MSEB.
After the company issues the preliminary termination notice, step two would
be an official termination notice, and step three would be a notice that the
company is surrendering control of the project. If the project is terminated,
the government of India will have to take a hit of $300 million besides
paying bills of Rs 1,500 crore for the next one year to Enron as penalty.
++Our (Centre,s) liability, if Dabhol power project is terminated, would be
one year,s electricity bill and a termination fee of $300 million,,, Power
Secretary A K Basu said.++Contractually, the Centre will have to pay one year,
s electricity bill, totalling at present prices about Rs 1,400-1,500 crore,
and take over DPC,s debt, which stands at around $300 million, if the project
was terminated,,, Basu said in Delhi. Dabhol Power is in the process of
completing the second phase of the 2,184-megawatt power-plant project, which
is 95 per cent through.
While the international lenders to the project are pressurising the company
to get out of the project, Indian lenders, led by IDBI, are asking the
company to reconsider its decision on its termination notice. During the
meeting in London, MSEB which holds a 15 per cent stake in the project, had
strongly opposed DPC,s move to authorise Cline and McGregor to issue notices
for termination.
MSEB Chairman Vinay Bansal and technical director Prem Paunikar * both
directors on the DPC board * and the state principal secretary (energy) VM
Lal, an invitee to the board, raised the issue at the board meeting in
London. MSEB claimed that DPC was needlessly ++threatening,, to issue various
arbitration notices and thereby interpreting the clauses of PPA in
isolation.In recent weeks, Dabhol has raised the stakes in its spat with the
MSEB, delivering a notice of political force majeure to Maharashtra * a step
typically invoked to dissolve a contract in case of an emergency like a war,
coup, or a similar radical political event. In this case, DPC,s move was
viewed as a threat to stop providing electricity.DPC has come under fire
because of the relatively high cost of its power. Critics object to the
company charging Rs 7.1 a kilowatt-hour for its power, compared with around
Rs 1.5 a kilowatt-hour charged by other suppliers.
THE HINDU, Friday, April 27, 2001
Offer of renegotiation 'too late': Enron, By Mahesh Vijapurkar
MUMBAI, APRIL 26. The Enron-sponsored Dabhol Power Company, which last night
authorised its local management to issue a notice of termination of its Power
Purchase Agreement (PPA) with the Maharashtra State Electricity Board, has
decided to keep a stiff upper lip. This, in turn, has stoked speculation that
the switching off of power from its Phase I plant was imminent, while in
reality, a lengthy procedure has to be followed as prescribed within the PPA.
As one source familiar with the PPA told The Hindu, ``it is not sudden death
of the project'' and in all probability, the DPC, vexed with the
developments, including sharp and pointed observations by the Godbole
Committee, has chosen to only arm itself with a serious option. ``This would
only eventually come into effect. It is not an overnight operation and a lot
of legal work is involved''. Apparently, the DPC intends to do some
arm-twisting.
At the board of directors meeting in London, which Maharashtra was initially
disinclined to attend but later used the forum to put across its contentions
on the project, the DPC squarely told the MSEB nominees on the board that the
offer of renegotiation had come rather ``too late''. It also said it did not
see any room for optimism about the outcome. It did not, however, rule out
the option of talks, thus underscoring the possibility that the decision to
authorise termination was a new weapon.
The Maharashtra Chief Minister, Mr. Vilasrao Deshmukh, had hoped that DPC
would not take any ``harsh step'' which would cause lot of damage to the
interests of both the independent power producer and the Government and today
he expressed his dismay. In fact, the mandate of the team that went, on the
strength of its stake in the DPC, was to put across the idea that negotiation
was the requirement and not confrontation.
Echo in LS
The Enron issue also echoed in the Lok Sabha today where the Power Minister,
Mr. Suresh Prabhu, said that scrapping of the agreement would cost the Centre
Rs. 2,840 crores, whose liability in the project agreement was limited. The
Centre's liability in case of termination is one year's electricity bill and
a termination fee of $300 million.
Blow to FIs
The termination could prove to be a serious blow to the Indian Financial
Institutions (FIs) which, under the leadership of the IDBI, were trying to
convince the other lenders of the project against the notice. The exposure of
Indian FIs in the project is understood to be not covered by any guarantee
either of the Centre or the State.

THE TIMES OF INDIA, Friday ,27 April 2001
Enron ready to pull out, but lenders say wait

The Dabhol Power Company board, which met on Wednesday in London, authorised
the company management to issue a termination notice to the Maharashtra State
Electricity Board. The company, however, may not pull out of the project yet,
considering its lenders, who met on Monday, opposed such a move and favoured
renegotiations. Sources present during both the meetings said that though
foreign lenders supported Enron on the termination issue, domestic financial
institutions, led by the Industrial Development Bank of India, prevailed over
the deliberations to oppose any such drastic move. Enron needs the lenders'
consent to file a pre-termination notice for pulling out from the project.
The decision to empower DPC chief Wade Cline to issue a termination notice
was taken with six votes in favour against a single IDBI vote against such a
move.
Another significant development during the entire proceedings was that the
financial institutions made it clear that further funding of Phase II of the
project will depend on the Government of India assuring payment mechanisms.
Institutions are yet to disburse about 30 per cent of the sanctioned package,
which is crucial for completing the Phase II expansion project. ``The board
has given powers to Wade Cline to issue a pre-termination notice. But the
meeting quite unanimously felt the need of the hour is not to terminate the
project but to initiate serious re-negotiation proceedings,'' said MSEB
Chairman Vinay Bansal, who attended the board meeting. ``MSEB presented their
views to the board members and it was understood by Enron which also included
the Rs 401 crore penalty issue which is heading for arbitration proceedings.
``We have also made it clear that the tariff structure of Enron is quite high
and a downward revision of tariffs is unavoidable," Bansal added.
``They cannot issue a termination notice without our consent since our
exposure in the project is quite large and the lenders should approve any
plans in that direction,'' said a top banker who was present during the
lenders' meet. ``There is a general consensus that the project must be
completed and the proposal to terminate the PPA should be kept in abeyance,''
he added. The global arrangers for the DPC include ANZ Investment Bank,
Credit Suisse First Boston, ABN-AMRO, Citibank and the State Bank of India,
where all these parties conducted separate meetings with the company
officials. However, some bankers said the company can file a termination
notice even if one lender with a minimum 5 per cent exposure on the project
favours such proceedings.
Meanwhile, in a clear reversal of roles, Maharashtra Chief Minister Vilasrao
Deshmukh said that the state government was not keen on terminating the PPA.
``We will ask them to refrain from taking any such harsh steps since that
would be bad news for all of us, including DPC,'' Deshmukh said. Deshmukh was
echoing Union Power Minister Suresh Prabhu's sentiments, who said that the
government wanted an amicable settlement of the payment row. He, however,
added that termination of the project would not hurt foreign investments, and
dismissed warnings by analysts that winding up the $2.9 billion project would
be a blow to India's efforts to woo foreign investors.
The DPC has already slapped one conciliation notice on the Centre and three
arbitration notices on the state government over non-payment of dues
amounting to Rs 213 crore and interest towards the bills due for December
2000 and January 2001. Meanwhile, MSEB officials said in Mumbai that the
March bills amounting to Rs 134 crore was paid on Thursday as protest
payment, despite the dispute over the amount.
When asked on the future course of action, Bansal said it was up to the DPC.

THE HINDU BUSINESSLINE, Friday, April 27, 2001
DPC board authorises MD to issue PPA termination notice
THE board of directors of Dabhol Power Company (DPC) has authorised the
Managing Director, Mr Neil McGregor, to issue the notice of intent to
terminate its power purchase agreement (PPA) with the Maharashtra State
Electricity Board (MSEB) ``at an appropriate time''. The decision was taken
at a board meeting held in London yesterday. ``While MSEB, which is an
`interested party', was not allowed to vote, it made a presentation
clarifying its stand on the matter,'' a senior State Government official
said.
The resolution to authorise the management to issue the termination notice
was carried by six votes to one. IDBI voted against the decision, the
official said. The serving of the preliminary termination notice will lead to
a six-month ``suspension period''. According to clause 17.8 of the
Termination Procedure, of the PPA: ``Following the giving of a preliminary
termination notice, the parties shall consult for a period of six months (or
such longer period as they may agree) as to what step shall be taken with a
view to mitigating the consequences of the relevant event having regard to
all the circumstances...''
IDBI and State Bank of India, the principal Indian lenders, had earlier
persuaded the overseas lenders to hold their consent to the termination
notice for some more time. At least one lender has to consent for the company
to serve termination notice. It is understood that overseas lenders are in
favour of termination of the project and are prepared to consent. However,
domestic lenders are worried about the security of their advances if the PPA
is abandoned mid-way.
According to institutional sources, Indian lenders are trying to get all the
parties concerned to thrash out outstanding issues. The Maharashtra and
Central Governments too are in favour of a conciliation. Mr Vilasrao
Deshmukh, Chief Minister of Maharashtra, yesterday went on record that the
State did not want the project terminated. Mr Yashwant Sinha, Union Finance
Minister, is also understood to be of the same opinion. ``The DPC will now
have to decide what is the `appropriate time' to serve the notice,'' the
official said. MSEB pays Rs 134 crore: Meanwhile, MSEB has paid DPC Rs 134
crore towards its March 2001 bill. MSEB officials confirmed that the bill was
paid `in protest'' today morning. ``They (DPC) had billed us for an amount of
Rs 146 crore. We do not agree with some of the items included,'' a senior
MSEB official said.
THE PIONEER, Friday, April 27, 2001
Enron testing Maharashtra's nerves, T N Raghunatha
Dabhol Power Company (DPC) has begun to put fresh pressure on the Maharashtra
State Electricity Board (MSEB), the Maharashtra State Government and the
Centre for an early resolution to the prolonged dispute between them, if the
DPC Board of Directors' decision to authorise its managing director to serve
a contract termination notice to the MSEB is any indication.
The DPC Board, in its meeting in London on Wednesday, empowered the company
management to sever its power supply agreement with MSEB, a move that could
inflict a financial liability of Rs 2,840 crore on the Centre. The decision
to authorise the DPC management to issue a termination notice to MSEB was
taken by a vote of six to one after the Maharasthra Government
representatives were prevented from voting on the ground of "interested
party".
When contacted, the company's Mumbai-based spokesperson, Mr Jimmy Mogal,
declined to comment on the reports about the decision taken by the DPC Board.
"We have nothing to say on the reports emanating from London. We will express
our views after a few days," he said. However, Maharashtra Chief Minister
Vilasrao Deshmukh on Thursday termed the DPC board's decision as
"unfortunate". "We have already requested the company not to take any harsh
decision", Mr Deshmukh said in Mumbai.
Official sources in the State Energy Ministry interpreted the DPC Board's
decision as a pressure tactic employed by the Enron subsidiary to force the
MSEB to clear the pending power bills without any further delay. Through its
tough posture, the DPC wants to make its position stronger before it can
formally agree for re-negotiations with the MSEB, the Centre and the State
Government for cutting the price of power supplied by it to the State
electricity board. The sources said that the DPC's reported decision to
authorise its managing director to stop electricity supply to the MSEB did
not mean that the Enron subsidiary would actually go ahead with the scrapping
of the power contract with the MSEB.
"If anything, the DPC's reported decision is to mount additional pressure on
the MSEB for clearance of pending power bills and put itself in a stronger
position in settling its dispute with the MSEB. As part of its plan to arm
itself with powers to break a contract in case situation goes beyond its
control, the DPC had recently served a political force majeure to the MSEB,
the Centre and the State Government," the sources said.Not surprisingly, the
DPC's London decision comes on the heels of the Maharashtra Government's
decision to set up a high-level committee, comprising representatives of the
MSEB, the Centre and the State Government to re-negotiate with the Enron's
subsidiary company for reducing the cost of power supplied to the State
electricity board.Meanwhile, amidst the threat of a possible termination
notice hanging on its head, the MSEB on Thursday made a "protest payment" of
the Rs 134 crore disputed amount towards March bill of Rs 146.64 crore to DPC.
riday, April 27

THE TELEGRAPH, Friday, April 27, 2001

ENRON SIGNAL TO SWITCH OFF DABHOL POWER

Enron today took the first decisive step out of the controversy-ridden Dabhol
Power Company when it won an authorisation from the company,s board to stop
sale of power to Maharashtra State Electricity Board (MSEB).
The meeting of the company, of which the Houston-based energy giant holds 65
per cent and the MSEB 15 per cent, was attended by state energy secretary V M
Lal and MSEB technical director P Paunikar and it came days after its lenders
discussed payment problems and a possible termination.The Centre,s liability,
if Enron decides to snap the agreement, will be a year,s power bill and a
termination fee of $ 300 million. However, the company will have to wait for
six months from the day it serves the notice before it pulls the plug.The
Centre shrugged off the move, saying there would not be any adverse effect on
foreign investment in power if Enron walks out. &We do not see FDI inflows
into the power sector being hit,8 power minister Suresh Prabhu said.MSEB
officials said the ball is now in the court of DPC, which said its corporate
policy did not allow it to comment on proceedings at board meetings. The
decision coincided with a Rs 134-crore +protest payment, by the cash-strapped
power board as part of the March bill worth Rs 146.64 crore.
There was speculation that MSEB coughed up the amount to cool frayed tempers
at Enron,s hub in Houston, and because it was rattled by the sudden turn of
events in the past few days during which the dispute had come to a head. MSEB
officials brushed away the allusions, saying the cheque was ready on
Wednesday but could not be handed over to DPC because of the state-wide
bandh. &We have a disputed payment of Rs 12.64 crore, which will be taken up
at the dispute-resolution forum,8 a board official said. Last week, DPC told
the state government and MSEB it would no longer accept protest payments in a
move to fortify its legal position.
MSEB officials say Bechtel and General Electric, the other partners who hold
around 20 per cent in DPC, are willing to go along with Enron Corp in
terminating the deal but financial institutions such as IDBI are not game
because it puts their loans at risk. Investments made by Indian institutions
are not covered under the Centre,s and state,s counter-guarantees, unlike
those made by international lenders.Maharashtra chief minister Vilasrao
Deshmukh called Enron,s decision unfortunate. &We had told state government
officials attending the Enron board meeting to stop the company from winding
up its operations in the state as it will harm both parties.8
THE STATESMAN, Friday, April 27, 2001
Enron threatens to pull out

 The Enron crisis deepened with the Board of Directors of the Dabhol Power
Company deciding to authorise the managing director, Mr K Wade Cline, to
serve a notice of termination on the contract for the first phase of the $2.9
billion power project.The decision, which could lead to the cessation of
Dabhol,s power supply to the state, was taken at the meeting held yesterday
in London according to reports quoting the chairman of the Maharashtra State
Electricity Board, Mr Vinay Bansal.
While DPC officials refuse to comment on anything, it is learnt that MSEB was
itself prepared to serve a legal notice of termination just two days before
the meeting.MSEB was said to have been dissuaded by the Nationalist Congress
Party president, Mr Sharad Pawar, and union power minister Mr Suresh Prabhu,
who had talks in New Delhi with the Maharashtra chief minister, Mr Vilasrao
Deshmukh, and an MSEB delegation last Monday.
The state government has been served two arbitration notices while the Centre
is ready to go for conciliation with the DPC for failing to honour its
counter-guarantee.Further, the DPC has already slapped a notice of political
force majeure which protects itself against undeserved claims in the event of
exigencies that force it to take an extreme step.The union power minister, Mr
Suresh Prabhu, contended in Delhi that since DPC contributed only 0.7 per
cent of the total energy output of the country, its termination would not
have such a phenomenal impact on the power situation.
However, if terminations proceedings go through, Enron Corp, a 65 per cent
share-holder in the Dabhol Power Company, would stand to net a hefty amount
in damages. The union power secretary has been quoted as saying that
termination of the DPC would cost the Centre Rs 1,800 crore, which is the
total of one years, electricity bill and a termination fee of $300 million.
According to an energy analyst, Mr Pradyumna Kaul, the total liability would
not cross Rs 350 crore. However Mr Prabhu said in the Lok Sabha today that
the that scrapping of the agreement would cost the Centre Rs 2,840 crore.It
is learnt that on 20 April, Mr Deshmukh had given the go-ahead to the MSEB to
prepare a legal notice to be issued to Enron during the meeting of the DPC,s
Board of Directors on Wednesday. At the meeting, the energy minister,
Padamsinh Patil, energy secretary, Mr Vinay Mohan Lal and MSEB chairman Mr
Vinay Bansal, were also present.The notice was prepared over the past weekend
and taken by the delegation when they called on Mr Prabhu on 24 April.
However, the politicians convinced them that Enron would not get tough, given
its huge stake in the project, and that such a notice would not be necessary.
The meeting thus ended with the decision to renegotiate the power tariff,
with Enron,s consent.
Among those present at the London meeting were Mr Lal, Mr Bansal and MSEB
technical director, Mr P Paunikar, in their capacity as directors. However,
they abstained from voting since they were deemed an interested party. The
only vote to go against the decision was that of the IDBI which is also
represented on the board, it is learnt.The chief minister, Mr Vilasrao
Deshmukh, said the state was not in favour of terminating the project. This
could mean that the latest manoeuvre to arm-twist the Indian authorities
could achieve its immediate target of getting the arrears accumulated over
the past three months cleared.The MSEB owes Enron Rs 146.64 crore for March
2001 and Rs 229 crore for December 2000 and January 2001.The Centre today put
up a brave face on Enron,s decision saying there would not be any adverse
effect on foreign investment in power sector in the country, PTI reported
from New Delhi.
&There will be no adverse impact as a result of any action by any domestic or
foreign company. As far as we are concerned there will be no adverse impact
on FDI in power sector,8 Power Minister Suresh Prabhu told reporters when
asked about DPC,s decision to authorise management to issue a termination
notice to MSEB.Emphasising that there would be no fallout of such decision,
Prabhu said after the meeting of the Cabinet Committee on Economic Affairs
&we are expecting cooperation from many Scandinavian countries as well as
European nations in the power sector.&In fact not only the Power Minister but
also the Prime Minister of Norway was here to inaugurate a seminar on power
and he promised lot of cooperation in the sector.8

MID DAY
'DPC may not wind up'
Maharashtra Chief Secretary V Ranganathan has said that though Neil McGregor,
managing director of the Dabhol Power Corporation (DPC), has been given
complete powers with regard to DPC's operations in the state, including the
authority to wind up operations, it does not necessarily mean that McGregor
will issue such a termination notice. McGregor was given the powers at a
meeting of the DPC board in London on Wednesday. Ranganathan said that state
officials, including Maharashtra State Electricity Board (MSEB) Chairman
Vinay Bansal and Power Secretary V M Lal, have reported back to him about the
meeting in London.
With regard to the state's failure to pay Enron, Ranganathan said, " Bills
are prepared as per the Power Purchase Agreement (PPA) and DPC owes some
money to us. Our people informed Enron officials about this.. In fact, there
was no reason to give powers to the MD to slap a termination notice."In the
London meeting, MSEB and Industrial Development Bank of India (IDBI)
representatives insisted that the DPC must pay Rs 411 crore since it could
not supply power whenever needed.
Chief Minister Vilasrao Deshmukh has already termed as unfortunate the
decision of the board of the Enron-promoted DPC to give McGregor powers to
wind up operations. Deshmukh added, " We have already requested Enron not to
take any harsh decision."Deshmukh had earlier said, " We have directed state
Government officials attending the DPC board meeting to desist the energy
company from winding up operations in the state, as it would be harmful to
both of us."
Enron officials are keeping mum on the issue. McGregor said, " I am not going
to give any comment."

MID DAY, April 27, 2001
Enron offers 'no comment' on renegotiation, H S Rao
A crucial meeting of the Board of Directors of the Dabhol Power Company
(DPC), promoted by the US energy major Enron, was held here yesterday
apparently to discuss fate of its $900-million power project in Maharashtra,
but there was no official word on the Indian and state Governments' decision
to renegotiate the contract.
An Enron spokesman declined to divulge what transpired at the meeting, saying
the issues discussed at the meeting were 'confidential' . " We have not
received any direct communication. Unless we get it and evaluate the details,
we have no comments to make," the spokesman said when asked about the
proposed decision on re-negotiation of the project in which the Maharashtra
State Electricity Board (MSEB) has 15 per cent stake.
Asked whether the Board had taken a decision on empowering DPC Managing
Director Neil McGregor to wind up its operations in India, the spokesman said
he had nothing to say on them. Enron has reportedly authorised Mcgregor to
look at various options including selling the company's stake in DPC.
Maharashtra Chief Minister Vilasrao Deshmukh said in Mumbai that the state
Government would pay up the undisputed dues to the company. He said the
Maharashtra government " is not in favour of terminating the 2184-MW project,
but wanted an amicable solution to the imbroglio."
MID DAY, Friday, April 27, 2001,

Committee to renegotiate Enron deal
A committee to renegotiate the Power Purchase Agreement with the Dabhol Power
Company will be appointed by this evening, Chief Minister Vilasrao Deshmukh
said today. Addressing media persons after his meeting with the noted social
reformer Anna Hazare at his official residence Varsha, Deshmukh said the
committee would be formed by this evening or by tomorrow, at the most.He
termed as unfortunate the Enron board decision empowering DPC chief Neil
McGregor to serve a preliminary termination notice on the Maharashtra State
Electricity Board and said the state was willing to negotiate the issue with
power company.
" Renegotiations will be held as per the suggestions made by the Godbole
committee and the center will also depute its representative on the
renegotiating committee. We don't want to take any hasty decision," Deshmukh
saidHe pointed that the only bone of contention with the DPC had been its
expensive tariff and hoped that the issue would be resolved amicably.When
pointed that the Enron board had taken a decision to serve the notice despite
state9 s willingness to appoint a renegotiating committee, Chief Minister
said it was unfortunate.
Earlier, in his meeting with Hazare, Deshmukh promised to make necessary
amendments to the Right to Information law recently passed by the state so
that the information was easily accessed by the common people. He also gave a
patient hearing to Hazare on his complaints of corruption in various state
departments and promised action against guilty after a thorough inquiry
within three months.

AFTERNOON, APRIL 27, 2001
 'ENRON'S ON!'
State govt. to renegotiate Dabhol Power Project , By Hubert Vaz
The US power giant, Enron Power Corporation's willingness to wrap up the
Dabhol Power Project and leave the shores may not actually materialise,
though the Dabhol Power Company chief, Mr. Wade Cline, has been authorised to
do so, since the lenders for the project would have a decisive say in the
matter.
Disclosing this, Chief Minister Vilasrao Deshmukh confirmed this morning that
the state government would churn out a compromise formula by which the power
project at Dabhol could be continued, and at the same time Enron did not feel
slighted. "Enron has not yet conveyed to us about this decision. We are
waiting for their letter," he said. When asked what sort of compromise the
state government plans to forge, Mr. Deshmukh said, "Let our officers come
back. After that we will decide a future course of action. But we are
definitely going in for renegotiation of the project. It is very difficult to
predict the outcome of Enron's decision but as of now the project is still
on." When asked whether the project could be moved to another state, if wound
up from Maharashtra, Mr. Deshmukh said, that was not possible as per the
terms of the agreement between the US company and the state government.
However, it was difficult for the project to move out of the state itself, he
indicated. He also confirmed that both parties would face considerable losses
if the project was terminated.
The board of directors of the Dabhol Power Company, which met in London on
Wednesday, decided to put an end to all controversies surrounding the project
once and for all by empowering the DPC chief to terminate the project, if he
deemed it fit. However, this decision, as of now, does not necessarily
indicate the death knell for the project. The Enron project, which had been
riddled with controversies right from its inception, had been a pretext for
the political parties in the state to drag each other on the mat from time to
time. The previous Sena-BJP government, which had been out to terminate the
project, however, chose to continue with it following renegotiations with
Enron's top visiting officials like Ms. Rebecca Mark. And, the Democratic
Front government inherited the controversial project when the governments
changed hands a year and a half ago.
Meanwhile, State Energy Minister Dr. Padamsinh Patil, when contacted at the
Osmanabad Circuit House, said the state government and the central government
have decided to appoint a joint committee to renegotiate the project with
Enron. "It is not easy for them to walk out of the project just like that.
They will have to go in for litigation and this would prove costly for both
sides," he said. In case the project is terminated, the government can still
manage the power needs of the state, though it would be a bit tough job, he
added.


Hi Everybody!
?
Over the holidays, I installed the CD-ROM for  Mom and Dad's second free year
of Dellnet service.? Because Dellnet is  combining with MSN, Mom and Dad's
email address had to be changed.? It is  now rex04@msn.com . Their old
address still  works and probably will continue to work until the end of
January, so if you  sent something to them recently using the old address,
they should still get  it.? From now on, though, it would probably be best to
use the new address  so Mom doesn't have to retrieve email for both addresses.
?
Thanks,
?
?
Phil


I made a couple of minor revisions.  Jake has given us until when he gets in
tomorrow.

I changed Turbine Agreement to Turbine Contract (one place in the LOI), and
added responsibility for filing fees in the llc agreement.  Perhaps it it
redundant.

I'm not sure I'm on top of the LLC agreement.  Maybe we can discuss in the
am.


Good morning:

Vince's direct reports will give a presentation to Dave Delainey, Monday,
April 24th at 3:00 PM in conference room EB3321.

This presentation will be an update of the one that was given to Greg
Whalley.

If you have any questions, please call me.

Thanks!

Shirley
3-5290


Jeff Keeler and I wanted to send you an advanced copy of an article that we co-wrote that will be published in the November 2001 quarterly Emissions Marketing Association newsletter.  The newsletter is distributed to several hundred leaders in the emissions market industry -- domestically and internationally.  The publication will also be distributed at the November 2001 climate change Ministerial meeting, which is attended by over a thousand delegates and observers, including government officials, businesses and media representatives.  The article supported multi-pollutant approaches as a means of addressing climate change and providing certainty to firms developing risk management strategies to reduce greenhouse gas emissions.

Please let us know if you have any questions or comments.

Lisa Jacobson
Enron
Manager, Environmental Strategies
1775 Eye Street, NW
Suite 800
Washington, DC 20006

Phone: +(202) 466-9176
Fax: +(202) 331-4717


During the period of 12/1/99 through 12/3/99, the above meter has recorded
flow on the following days:

 Days    Mmbtus

 12/1/99              173
 12/3/99                39

               106

Deal #124400 was at this meter during November 1999, but it expired on
11/30/99.  Currently, these volumes are being booked under the HPL Strangers
Gas Contract.  Logistics needs either (1) Deal #124400 extended, (2) new
deal, or (3) approval to write-off these volumes to Unaccounted for Gas.
(Please print, sign, and return original to Clem Cernosek).

 ___________________________________________________
 Deal/Deal Ticket #/Customer (Seller/Buyer)

    OR

 _________________________________________________________
 APPROVAL to Write-off the volumes to Unaccounted for Gas Loss

Thanks, Clem


I would like to attend.

DS

06/06/2001 01:12 PM
Alma Carrillo
Alma Carrillo
Alma Carrillo
06/06/2001 01:12 PM
06/06/2001 01:12 PM
To:	John Buchanan/ET&S/Enron@ENRON, Michael Bodnar/ET&S/Enron@ENRON, Terry Kowalke/ET&S/Enron@ENRON, Ava Garcia/ET&S/Enron@Enron, Lynn Blair/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON, Linda Trevino/ET&S/Enron@ENRON, Karen Brostad/ET&S/Enron@ENRON, Elizabeth Brown/ET&S/Enron@ENRON, Zuela Carter/ET&S/Enron@ENRON, Nancy Bastida/FGT/Enron@ENRON, Patricia Steele/ET&S/Enron@ENRON, Dennis Lee/ET&S/Enron@ENRON, Alice Johnson/ET&S/Enron@ENRON, Larry Davis/ET&S/Enron@ENRON, Richard Hanagriff/ET&S/Enron@ENRON, Esther Dasilva/ET&S/Enron@ENRON, Alma Carrillo/ET&S/Enron@ENRON, Alma Green/FGT/Enron@ENRON, Dale Eldridge/ET&S/Enron@ENRON, Raetta Zadow/ET&S/Enron@ENRON, Larry Berger/ET&S/Enron@ENRON, Hilda Lindley/FGT/Enron@ENRON, Michael Wagoner/OTS/Enron@ENRON, Martha Cormier/ET&S/Enron@ENRON, Josue Vasquez/ET&S/Enron@Enron, Jean Blair/ET&S/Enron@ENRON, James Carr/ET&S/Enron@ENRON, Jodie Floyd/ET&S/Enron@ENRON, Katherine Perry/ET&S/Enron@ENRON, Shirley Walden/ET&S/Enron@ENRON, Nancy Callans/ET&S/Enron@ENRON, MaryAnn Locknar/ET&S/Enron@ENRON, Diana Porter/ET&S/Enron@ENRON, Kathy Washington/ET&S/Enron@ENRON, Jerry Wilkens/ET&S/Enron@ENRON, Randy Bryan/ET&S/Enron@ENRON, Jean Adams/ET&S/Enron@ENRON, Robert Benningfield/ET&S/Enron@ENRON, Tangie Dykes/ET&S/Enron@ENRON, Sherry Forbish/ET&S/Enron@ENRON, Chris Greaney/ET&S/Enron@ENRON, Randy Janzen/ET&S/Enron@ENRON, Debra Scurlock/ET&S/Enron@ENRON, Joe Linhart/ET&S/Enron@ENRON, Janet McDaniel/ET&S/Enron@ENRON, Kathy Sturr/ET&S/Enron@ENRON, Harry Woodson/ET&S/Enron@ENRON, Albert Hernandez/ET&S/Enron@ENRON, Beverly Miller/ET&S/Enron@ENRON, Amy Mulligan/ET&S/Enron@ENRON, Cynthia Rivers/ET&S/Enron@ENRON, Linda Ward/ET&S/Enron@ENRON, Christine McEvoy/ET&S/Enron@Enron, Tracy Minter/ET&S/Enron@Enron, John Buchanan/ET&S/Enron@ENRON, Michael Bodnar/ET&S/Enron@ENRON, Terry Kowalke/ET&S/Enron@ENRON, Ava Garcia/ET&S/Enron@Enron, Lynn Blair/ET&S/Enron@ENRON, Ava Garcia/ET&S/Enron@Enron, William Aldinger/FGT/Enron@ENRON, Karen Clapper/FGT/Enron@ENRON, Marion Collins/FGT/Enron@ENRON, Galen Coon/FGT/Enron@ENRON, Tim Cooper/FGT/Enron@ENRON, James Cramer/FGT/Enron@ENRON, Laura Giambrone/FGT/Enron@ENRON, Jack Howard/FGT/Enron@ENRON, Lynda Laferla/FGT/Enron@ENRON, Sheila Nacey/ET&S/Enron@ENRON, Mary Phillips/FGT/Enron@ENRON, Lynn Blair/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON, Mike Bryant/OTS/Enron@ENRON, Dannis Bellard/OTS/Enron, Donald Angeletti/OTS/Enron, Bill Bell/OTS/Enron, Steven Chambers/OTS/Enron, Chris Charbonneau/NA/Enron, Jodi Dobrinski/OTS/Enron, Thomas Hebert/OTS/Enron, Byron Reid/OTS/Enron, Donna Sander/OTS/Enron, David Velen/OTS/Enron, Michael Wagoner/OTS/Enron@ENRON, Darrell Schoolcraft/ET&S/Enron@ENRON, Gary Spraggins/ET&S/Enron@ENRON, Jesse Alvarado/OTS/Enron, Roy Armitage/OTS/Enron, Richard Barry/OTS/Enron, Rodney Barnes/OTS/Enron, Keith Braswell/OTS/Enron, Steve Coash/OTS/Enron, Jeffrey Cochran/OTS/Enron, Helen Cummings/OTS/Enron, Michael Ellington/OTS/Enron, Margaret Hall/OTS/Enron, Sharon Brown/ET&S/Enron@ENRON, Brad Holmes/ENRON@enronXgate, Gerry Medeles/ET&S/Enron, Ramona Betancourt/ET&S/Enron, Tammy Jaquet/ET&S/Enron, Mary Draemer/ET&S/Enron, Maggie Matheson/ET&S/Enron, Toby Kuehl/ET&S/Enron, Legale Black/ET&S/Enron, James Studebaker/FGT/Enron, Alma Carrillo/ET&S/Enron@ENRON, Theresa Hess/ET&S/Enron, Shelley Corman/ET&S/Enron, Ricki Winters/ET&S/Enron, Lynn Blair/ET&S/Enron@ENRON, Ava Garcia/ET&S/Enron@Enron, Steven January/ET&S/Enron@ENRON, Sharon Brown/ET&S/Enron@ENRON, Sheila Nacey/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON, Mike McGowan/ET&S/Enron, Julie McCoy/ET&S/Enron, Mike Bryant/OTS/Enron@ENRON, Gina Taylor/OTS/Enron, Brad Holmes/ENRON@enronXgate, Kimberly Nelson/OTS/Enron, Alma Martinez/OTS/Enron
cc:

Subject:	Zenger-Miller Course

The management team supports the offering of the Zenger-Miller course on Forward Thinking,  please let me know if you are interested in attending by responding to this e-mail.   The class will take two hours.   The purpose of this course is to outline how an effective leader uses forward thinking to play an expanded, strategic role in the organization.

Once I get a list of potential participants, I will put some dates and times together.

Regards,

Tammy


-----Original Message-----
From: 	Sager, Elizabeth
Sent:	Thursday, August 16, 2001 9:56 AM
To:	Taylor, Mark E (Legal)
Subject:	FW: Enron All-Employee Meeting

enjoy

Elizabeth Sager
713-853-6349

 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON [mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@ENRON.com]  On Behalf Of Ken Lay and Jeff Skilling@ENRON
Sent:	Tuesday, August 14, 2001 9:18 AM
To:	All Enron Worldwide@ENRON
Subject:	Enron All-Employee Meeting

To: All Enron Employees:
Please join us at an all-employee meeting at 10 a.m. Houston time, Thursday, Aug. 16 in the Hyatt Regency Houston's Imperial Ballroom. We will review Enron's second quarter financial and operating highlights and update you on key issues affecting the company. We welcome your questions. Please send them to Courtney Votaw by e-mail (courtney.votaw@enron.com), fax (713-853-6790), or interoffice mail (EB4704B). We look forward to seeing you there.
Ken and Jeff
Accessing the Meeting via Streaming Video/Audio
If you are a Houston-based employee and can't attend the meeting, or if you are located in London, Calgary, Omaha, New York or Portland (ENA), you can access the live event at <http://home.enron.com/employeemeeting>. Enron Europe employees will receive a follow-up message from their Public Relations team concerning online access to the meeting.
Video Teleconferencing
The meeting will be available by video teleconference to employees in Sao Paulo, Buenos Aires, Dubai and San Juan.
If you encounter technical difficulties, please contact your IT help desk.


A clarification - you can only bid whole dollars for players, i.e no $1.50
bids - O'neal.


Jeff

I understand you are meeting Rory Cullinan of RBS tomorrow.  The attached
note summarises where we have got to on the Wessex sale.

The serious buyers who can deliver quickly are the large financial
institutions.  All are talking about offers in the region of a RAB value of
?1.26 billion.  This is the last published RAB, the current value is ?1.3
billion - RAB grows with approved CAPEX and inflation.

My recommendation is that if we have sorted the Marlin issues, we should
move quickly with RBS and/or WestLB.  They both have the experience, the
resources and the commitment to do a deal quickly.  Both are proposing
structures that should be acceptable to the Regulator and the Wessex Water
Services Board.  We may also want to add Barclays to this list although they
are slower in getting going.

If you need any further information, please give me a call.

Colin

 <<progress report.doc>>

**********************************************************************
This email and any files transmitted with it 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 Wessex Water IT Support Centre on:

44-1225-528888 or email support@wessexwater.co.uk

This footnote also confirms that this email message has been swept by
MIMEsweeper for the presence of computer viruses.

www.mimesweeper.com
**********************************************************************

_____________________________________________________________________
This message has been checked for all known viruses by the
MessageLabs Virus Scanning Service. For further information visit
http://www.messagelabs.com/stats.asp
 - progress report.doc


NPWLAX
URGENT - WEATHER MESSAGE...CORRECTION
NATIONAL WEATHER SERVICE LOS ANGELES/OXNARD CA
714 PM PDT MON JUN 11 2001

...STRONG WINDS TONIGHT FOR PARTS OF SANTA BARBARA COUNTY...

.STRONG NORTHWEST WINDS HAVE DEVELOPED THIS EVENING ACROSS THE
MOUNTAINS AND SOUTH COAST AREAS OF SANTA BARBARA COUNTY. AREAS MOST
SUSCEPTIBLE TO THE STRONG WINDS WILL BE THROUGH AND BELOW CANYONS
AND PASSES...WHERE SPEEDS COULD GUST OVER 45 MPH. MAJOR HIGHWAYS
THAT WILL BE IMPACTED INCLUDE 101 AND 154. WINDS WILL SUBSIDE LATE
TONIGHT AS THE PRESSURE GRADIENT RELAXES.

CAZ039-052-120515-
SANTA BARBARA COUNTY SOUTH COAST...CORRECTED-
SANTA BARBARA COUNTY MOUNTAINS...CORRECTED-

...WIND ADVISORY UNTIL 300 AM PDT TUESDAY...

FOR AREAS OF NORTH TO NORTHWEST WINDS 30 TO 40 MPH WITH LOCAL GUSTS
OVER 45 MPH.

ALL MOTORISTS SHOULD USE CAUTION WHILE TRAVELING IN THE ADVISORY
AREA...ESPECIALLY THOSE WITH HIGH PROFILE VEHICLES AND VEHICLES TOWING
TRAILERS. BE PREPARED FOR SUDDEN STRONG CROSS WINDS.

$$

SOME WIND REPORTS AS OF 7 PM...

GAVIOTA PASS...............GUSTING TO 45 MPH.
EL CAPITAN BEACH...........SUSTAINED 20 MPH GUSTING TO 24 MPH.

MOYER

NNNN

[LAXNPWLAX/992312388]

EDIS-06-11-01 1919 PDT

---------------------------------------------------------
To update or terminate your subscription to this email service
visit our webpage at http://www.incident.com/edismail.html.

EDIS is operated by the Governor's Office of Emergency Services,
State of California. This email relay is offered by incident.com
as a public service. Because of the complexity of this system and
its dependence on other systems, we cannot be responsible for
delays or failures in transmission.
---------------------------------------------------------


[IMAGE]
	      Whether planning for retirement or a child's college education, there's never been a better way to invest  in your future.     [IMAGE]  Buy stocks for just $4 - Or choose ShareBuilder's All you can Build subscription fee and pay just $12 per month for unlimited stock buys.*   No account or investment minimums - Start investing with as little or as much as you want. ShareBuilder fits any budget.    No inactivity or maintenance fees - Invest at your own pace without any penalties.  Automatic - Build your portfolio over time by making automatic, dollar-based investments in the companies and index shares you choose.       	[IMAGE]

		 *See website for more information, including fees.  Optin Inc. is not a registered broker-dealer. Optin Inc. is not affiliated with ShareBuilder.  Individuals who open brokerage accounts through ShareBuilder will be brokerage customers of  ShareBuilder Securities Corporation, not Optin Inc.All inquiries about ShareBuilder and  ShareBuilder accounts must be directed to ShareBuilder Customer Care.  ?2002 Netstock Corporation. ShareBuilder is a registered trademark  of Netstock Corporation. Patent Pending. ShareBuilder Securities Corporation,  a registered broker dealer, is a subsidiary of Netstock Corporation and Member NASD/SIPC.

[IMAGE]
 +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++  This email is not sent unsolicited. This is an Opt in Network mailing! This message is sent to subscribers ONLY.  The e-mail subscription address is: pmims@enron.com To unsubscribe please click here. or Send an email with remove as the subject to remove@brain2002.com  +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ EF5FC181-B64C-4D5D-997F-CD3D9F87F5A5


[IMAGE]
	[IMAGE]	[IMAGE]
	  Dear johngriffith65,  Here's a special offer for AOL Instant Messenger (AIM
) members only. [IMAGE]   Be one of the first to try All-New AOL 7.0 and get 1000 Hours Free for 45 days! [IMAGE]   Here are just a few great reasons to try All-New AOL 7.0 for 1000 Hours Free for 45 days:[IMAGE]     Built-in high speed broadband content   Advanced E-mail and Instant Messaging    Local news and information    AOL Radio -- your favorite local radio stations online!    Exclusive AOL members only perks like the opportunity to get hot concert tickets before they go on sale and sneak peaks at blockbuster movies  [IMAGE]   Plus, you can keep your AIM Screen Name and get E-mail at  johngriffith65 @aol.com. [IMAGE]   Try All-New AOL 7.0 now for 1,000 Hours FREE for 45 days -- risk free! No credit card required!  [IMAGE]  [IMAGE]  Allen Paine New Member Welcome Team   P.S. - There's never been a better time to try AOL. Get All-New AOL 7.0 for 1000 Hours Free for 45 days! [IMAGE]   And, tell your AIM buddies about this special offer -- just forward this special message to them!  	[IMAGE] [IMAGE]  [IMAGE]

 [IMAGE]1000 hour free trial must be used within 45 days of initial sign-on. To avoid being charged a monthly fee, simply cancel before trial period ends. Premium services carry surcharges, and communication surcharges may apply in certain areas including AK, even during trial time. Members may incur telephone charges on their phone bill, depending on location and calling plan, even during trial time. Offer is available to new members in the US, age 18 or older, and a major credit card or checking account is required. IMPORTANT: You have registered to receive America Online through the "bring your own access" plan. This means that you MUST access America Online via your own Internet access provider. This plan provides two FREE hours of connecting directly to America Online per month. If you access America Online without first connecting to your Internet access provider, you will incur an alternate carrier surcharge of $2.95 per hour after your FREE connect t! ime.  Information for AOL Instant Messenger (AIM) registrants: You received this E-mail based on your expressed interest in products and services offered by America Online, Inc. If you do not wish to receive any additional AIM promotions via E-mail, simply click here . You only need to send a blank E-mail to unsubscribe.

[IMAGE]


Greetings, Mr. Rogers

Your initial response to my request for a information regarding your
disability  is adequate at this time.

As for your comment regarding the prospects for an improved GMAT exam
score -- if you do not feel you will be able to improve your score through a
retake, I am unclear why you are making the attempt.  We have no interest in
you retaking the test just to retake the test.  Only if you strongly feel
your score can be improved should you even consider the attempt.  Only you
know if your first score is truly reflective of the best score you can
receive -- disability or not.  That is the reason the option to retake the
test was presented to you as it was.

My advice is do not retake the test if you feel your current score is the
best examination result you can achieve.  If, however, and for whatever
reason you feel your current score does not reflect your best examination
results -- then do proceed with the reexamination.

Regardless of your decision, I remain available for whatever assistance I
might provide as you now continue to consider the options before you.

**********************************
Dr. Carl H. Harris
Director for Admission, MBA Programs
The TEXAS Graduate School of Business
The University of Texas at Austin
==============================================

-----Original Message-----
From: Benjamin Rogers [mailto:Benjamin.Rogers@enron.com]
Sent: Thursday, March 16, 2000 12:51 PM
To: harrisc@mail.utexas.edu
Subject: Re: The TEXAS Graduate School of Business - Rogers

Dr. Harris:
Sorry for the delay, I have been traveling with work and I just got back an
hour
ago.  I can try and retake the GMAT exam if this will help my overall
application file.  I must say, due to my disability, I don't think my score
would improve dramatically.  I can also send you a summary (or the whole
report)
on my disability from the professional examiner to further explain my
disability.  I can also provide addition recommendations from my colleagues
I
work with to further demonstrate my achievements at work.  If you could let
me
know what information would help best  explain my disability, I would
appreciate
it.  Thanks again for your e-mail and sorry for the delay.
Ben


Vince,

That's good news. Anything you need from me please feel free to ask - if we
can get the ball rolling soon we can time things well with the publication
of the book (my diary says that there are 2 weeks until the contract goes
out on you and Grant...).

Best regards.

Chris.

----- Original Message -----
From: Vince J Kaminski <Vince.J.Kaminski@enron.com>
To: Chris Strickland <chris@lacima.co.uk>
Cc: Vince J Kaminski <Vince.J.Kaminski@enron.com>; <vkaminski@aol.com>
Sent: Wednesday, May 17, 2000 12:53 AM
Subject: Re: Energy book and articles

>
>
> Chris,
>
> Yes, I mentioned it to both the US-editor and Robin.
> They were very interested and I don't think there should be any problem
> with this initiative.
>
> I shall follow up with another message to Jane Locke and Robin Lancaster.
>
> Vince
>
>
>
>
> "Chris Strickland" <chris@lacima.co.uk> on 05/15/2000 06:00:00 PM
>
> Please respond to "Chris Strickland" <chris@lacima.co.uk>
>
> To:   "Vince J Kaminski" <Vince.J.Kaminski@enron.com>
> cc:
> Subject:  Re: Energy book and articles
>
>
> Vince,
>
> Thanks, I would be very interested to have a look.
>
> My question was a bit vague - I meant to ask if you had spoken to the
editor
> about the series of articles?
>
> Best regards.
>
> Chris.
>
>
> ----- Original Message -----
> From: Vince J Kaminski <Vince.J.Kaminski@enron.com>
> To: Chris Strickland <chris@lacima.co.uk>
> Cc: Vince J Kaminski <Vince.J.Kaminski@enron.com>
> Sent: Tuesday, May 16, 2000 8:15 AM
> Subject: Re: Energy book and articles
>
>
> >
> >
> > Chris,
> >
> > Yes, I was a keynote speaker. I shall send you my presentation.
> >
> > Vince
> >
> >
> >
> >
> >
> >
> > "Chris Strickland" <chris@lacima.co.uk> on 05/15/2000 06:31:14 AM
> >
> > Please respond to "Chris Strickland" <chris@lacima.co.uk>
> >
> > To:   "VinceJKaminski" <Vince.J.Kaminski@enron.com>
> > cc:
> > Subject:  Energy book and articles
> >
> >
> >
> > Dear Vince
> >
> > Thanks for your voice mail last week. Did you get  to talk to EPRM in
> Houston
> > last week?
> >
> > Best regards.
> >
> > Chris.
> >
> >
> >
> >
> >
> >
> >
> >
>
>
>
>
>
>
>
>


Start Date: 4/22/01; HourAhead hour: 5;  No ancillary schedules awarded.
Variances detected.
Variances detected in Load schedule.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final
Schedules\2001042205.txt

---- Energy Import/Export Schedule ----
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  TIE_POINT: PVERDE_5_DEVERS
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL
*** Final schedule not found for preferred schedule.
     Details:

  TRANS_TYPE: FINAL
  SC_ID: ECTRT
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  TIE_POINT: SLVRPK_7_SPP
  INTERCHG_ID: EPMI_CISO_ERNIE
  ENGY_TYPE: WHEEL

---- Load Schedule ----
$$$ Variance found in table tblLoads.
     Details: (Hour: 5 / Preferred:   4.62 / Final:   4.59)
  TRANS_TYPE: FINAL
  LOAD_ID: PGE2
  MKT_TYPE: 2
  TRANS_DATE: 4/22/01
  SC_ID: EPMI


ok


Not at all, keep pushing for stellar.  That's what everyone wants.

Things went very well in Portland.  Belden, Kaufman, and Steffes seem very
interested and positive.  It is kind of a culture shock to see young people
like
Belden carrying so much weight.  Its a refreshing change from most utilities
and
govt agencies where age seems to be a prerequisite for responsibility, and
reminds me of when your former boss Gigi Coe said to me that the CPUC couldn't
hire more young people because of age discrimination issues (if that's not a
perverse result of a well-meaning policy...).

Whatever happened to Debra Stump, do you know?  She was the GSPP class of 2000
that we had exchanged some messages about last spring.
Rob

> -----Original Message-----
> From: jdasovic@enron.com [SMTP:jdasovic@enron.com]
> Sent: Tuesday, August 29, 2000 11:19 AM
> To: gramlr@pjm.com
> Subject: RE: Tentative meeting Monday 8/28 at 5 pm/2 pm
>
>
> Likewise.  Hope I'm not being to much of a pain on the calls.   Just that
> Enron---I'm quite certain---won't lend it's name to anything that's less
> than stellar.  And I'm sure GSPP would like for the conference to be all
> that it can be, too.  How'd things go in Portland?
>
> Best,
> Jeff
>
>
>
>
> gramlr@pjm.com on 08/29/2000 07:12:41 AM
>
> To:   jdasovic@enron.com
> cc:
> Subject:  RE: Tentative meeting Monday 8/28 at 5 pm/2 pm
>
>
> I got the message but not til today because our e-mail was down.  It was
> good to
> talk to you last night.
>
> > -----Original Message-----
> > From:   jdasovic@enron.com [SMTP:jdasovic@enron.com]
> > Sent:   Monday, August 28, 2000 3:02 PM
> > To:     gramlr@pjm.com
> > Subject:     Re: Tentative meeting Monday 8/28 at 5 pm/2 pm
> >
> >
> > I can be on the call.  Please let me know if you get this, since I've
> been
> > having severe email problems.  Thanks.
> >
> >
> > Best,
> > Jeff
> >
> >
> >
> >
> > gramlr@pjm.com on 08/25/2000 07:04:27 AM
> >
> > To:   MichaelBerg@ICFConsulting.com, whederman@columbiaenergygroup.com,
> >       doornbos@socrates.berkeley.edu, amosher@appanet.org,
> >       hcameron@uclink.berkeley.edu, lfried@uclink.berkeley.edu,
> >       jeff.dasovich@enron.com
> > cc:   jalamo@enron.com
> > Subject:  Tentative meeting Monday 8/28 at 5 pm/2 pm
> >
> >
> >           Please confirm that this schedule works.  It is the only day
> > that worked for everyone.  Jeff Dasovich is still in the Sierras so I can
> > check
> > in with him Monday.
> >
> >           The agenda sounds simple but don't be deceived, there are many
> > many options.  Please be prepared with a list of 3 top speaker choices.
> >
> >           1.  Topics of panels.
> >
> >           2.  Speaker list.  Try to agree on an 'A' list who we can start
> > calling and a 'B' list of alternates.
> >
> >
> >
>
>
>


Cindy,  I am out all day tomorrow- I can have Mary Darveaux sit in but what
exactly is the purpose?  Mary Kay

Cindy Stark
10/30/2000 12:08 PM
To: Michael Moran/ET&S/Enron@ENRON, Danny McCarty/ET&S/Enron@Enron, Julia
White/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Drew
Fossum/ET&S/Enron@ENRON
cc:

Subject: STRANGERS GAS MEETING

Please make yourself available to participate in a meeting regarding the
above referenced subject matter on Tuesday, October 31, from 2:00-3:00PM in
49C2.    Also, invite anyone else from your respective staffs who are
involved in this issue.

Cindy


---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 12/08/2000
07:11 PM ---------------------------

"Btu" <subs@Btu.net> on 12/08/2000 05:01:29 PM
To: "Btu's Weekly Power Report" <>
cc:
Subject: Btu's Weekly Power Report

Attached is the latest issue of Btu's Weekly Power Report

e-mail: info@Btu.net
phone: 732-758-8222
fax: 732-758-8286

 - wp121100.pdf


I have marked it in the Tx Desk Calendar, as well as yours and my calendar.  Charlie has also requested that day off, but you and he are the only two in the group so far to have that day off.

Laura
 -----Original Message-----
From: 	Martin, Thomas A.
Sent:	Monday, October 15, 2001 1:45 PM
To:	Vuittonet, Laura
Subject:	Vacation 11/05

Laura,

Can you put me down for vacation November 5th.  If schedules conflict with others on the desk I need to be out the afternoon for sure (Allison's school function).

Tom