BRAZIL: CONCLUSION OF MAE RULES
Gazeta Mercantil, 01 Mar 2000, p. a-14:-
 On February 29th 2000, last outstanding matters on the rules for beginning
of operations of the Brazilian Electricity Wholesale Market (MAE) were
decided and approved.
Thus, first reference date for the MAE to begin operating was set for
September 1st 2000.
Rules had been defined into seven groups: prices formation, measurement
standardisation, thermal generation, energy reallocation, international
interchange, payment of the system's service burdens and penalties.
These first six groups will be produced within the next 10 days for approval
by the Brazilian National Regulatory Agency for Electricity (Aneel), while
the penalties group still remains an outstanding matter to be defined and
approved before September 1st 2000.
One outstanding matter that was hindering the definition of MAE's beginning
date was conflicts between electricity distribution and generation companies
on the way to negotiate the so-called exceding energy, which is the
difference between energy initially provided in supply contracts and that
actually consumed on the market.
The answer is the creation of energy "credits" whenever consumption is higher
than hired contract. Exceding energy will be converted into credits that can
be both exercised afterwards or traded on the market. Payment of distribution
to generation companies have been maintained as provided in contracts.
This credit system will be in effect from September 1st 2000 to December 31st
2002. After that, remaining credits not used will be liquidated through the
optimisation tariffs that currently is about R$ 3/MWh.

ARGENTINA: OIL PRICE AND ROYALTIES
Los Andes (Argentina), 08 Mar 2000, p. on line:-
 The US$ 34 per barrel price reached by crude oil in overseas market may have
a positive impact over the incomes received by the province of Mendoza,
Argentina, in concept of royalties, according to estimations made by this
province's government. However, Gustavo Callejas, former Secretary of Fuels
of Argentina, admitted such royalties should be increased, as provinces
should debate with companies and the federal government the proceedings used
to fix such incomes.

ARGENTINA: FRAUD MANOEUVRE DENOUNCED
La Nacion (Argentina), 04 Mar 2000, p. 2/1:-
 A new scandal involves the Argentine tax bureau AFIP. One of its officials
and a fishing company which also trades gasoline, Kiball, are involved in a
US$ 330mn fraud due to falsified accounts they presented during the terms
1995, 1996 and 1997. Through a "ghost" firm, Kiball purchased fuels without
paying the gasoline transfer tax (ITC) and falsified the payment
certification the AFIP grants, and even adulterated the gasoline with a mix
of different fuels.

ARGENTINA: WIND NOT SO FREE ANYMORE IN CHUBUT
Clarin, 08 Mar 2000, p.20:-
 Legislators from the Argentine province of Chubut are drafting a bill that
charge companies or entrepreneurs for using the wind for profit. Ecologists
criticise the move and believe that the bill could scare off a US$ 50mn
investment in a wind powered electricity plant that would create some 1000
jobs for the province.

ARGENTINA: CRUDE OIL PRICES + REGULATION
El Cronista Comercial, 07 Mar 2000, p.2:-
 Argentine Senators are in the midst of drafting a new fuel bill that sends a
clear message to oil companies which it threatens with the return of price
controls. Two other Senators have initiated an action before the country's
Ombudsman claiming that oil companies are abusing their dominant position on
the Argentine market.

ARGENTINA: GAS DISTRIBUTORS PROTEST COMPETITION
La Nacion (Argentina), 09 Mar 2000, p. 2/1:-
 The Argentine gas distributors association Adigas has complained that plans
by regulatory body Enargas to allow large consumers direct access to the
wholesale gas market through brokers will favour new actors in the market and
reduce their income. Adigas claimed that its members have respected the right
to access to gas transport and distribution capacity, and that the entry of
new players under more favourable conditions would make it impossible for
them to compete on an equal footing.

ARGENTINA: DEBATE OVER ACCESS TO GAS MARKET
El Cronista Comercial, 07 Mar 2000, p.3:-
 The Argentine National Gas Regulator (Enargas) will hold public hearings on
7 March to determine whether to change or modify the current natural gas
commercialising and distribution system. Natural gas retailers want to be
able to compete with gas distributors, but are unable to because of the
current fixed rate system. Distributors believe that changing the current
system would violate concession agreements and these companies are
threatening to international measures to enforce the agreements. Distributors
also say that retailer have made no infrastructure investment in Argentina
and a change in the regulation scheme would create a disincentive for
investment in Argentina. Enargas is also considering the possibility of
allowing more small and medium sized business access to the wholesale natural
gas market.

ARGENTINA: GOV'T WANTS TO LOWER GAS RATES
Buenos Aires Economico, 06 Mar 2000, p.2:-
 After negotiating a slight drop in telephone and electricity rates, the
Argentine government would like to see gas prices follow suit and will
conduct public hearings on the matter on 6 March, much to the dislike of
Argentine gas distributors. Gas companies state that contrary to the electric
and telephone service sectors, natural gas distribution has a very low profit
margin and there is nowhere to cut. The government initiative aims at
reducing production costs for manufacturers and large natural gas consumers.

ARGENTINA: GAS SECTOR DE-REGULATION DEBATED
Clarin, 04 Mar 2000, p. 22:-
 Argentine gas distribution firms resist the government's decision of
de-regulating the local gas sector, as they do not want to share their
corporate clients with newcomers and be forced to reduce prices. The
Argentine gas sector bureau ENARGAS is encouraging a debate to implement
de-regulation measures to authorise companies to be supplied gas directly
from producers, without the intervention of gas distribution firms. Big firms
demand 10,000 cubic metres of gas daily in Argentina, and all such demand is
channelled through gas distribution companies. The government wants to reduce
such amount to 5,000 cubic metres allowing several firms to purchase gas
directly from producers, possibly implying a 10%-25% reduction in terms of
prices. In terms of daily distribution of gas, MetroGas leads the sector with
15.2mn cubic metres, followed by Camuzzi Gas Pampeana (10.9mn cubic metres),
Camuzzi Gas del Sur (9.2mn), Litoral Gas (8.6mn), Gas Natural BAN (8.3mn),
Distribuidora de Gas Cuyana (5.1mn), Distribuidora de Ga
s del Centro (4.6mn) and Gasnor (4.5mn).

ARGENTINA: GAS MARKET RULING TO COME
El Cronista Comercial, 08 Mar 2000, p. 8:-
 The Argentine natural gas regulatory board, Enargas, now has 60 days to make
a ruling as to whether large consumers of gas have free access to natural gas
distribution networks thereby breaking up the supply chain into production,
transport and distribution. Industry, gas sellers, and consumer rights groups
have battled head on with Argentina's gas distributors (Gas Natural BAN,
Metrogas, and Camuzzi, among others) to present their case to Enargas.

ARGENTINA: ENRON FIGHTS GAS COMPANIES
El Cronista Comercial, 06 Mar 2000, p.7:-
 Public hearings will be held on 7 March in the offices of the Argentine
National Gas Regulator (Enargas) to determine whether the Argentine natural
gas market needs more competition and incentives in order to reduce natural
gas costs for the private sector. US gas company Enron which controls 35% of
Argentina's Transportadora Gas del Sur (TGS) has thrown the first stone in
the fight between gas distributors and gas brokers that want to enter the
market. In fact, Enron believes that the market needs more competitors to
lower rates and offer the possibility of receiving integrated services that
would include the financing of production equipment and other services. The
Argentine government has submitted draft regulation that would allow more
companies to negotiate lower rates with wholesalers and to change the current
charging system.

BRAZIL: ALLIANT TO ACQUIRE COMPANIES AGAIN
Gazeta Mercantil, 09 Mar 2000, p. c-6:-
 The US company Alliant changed its strategy for the Brazilian market,
planning to continue with the acquisition of Brazilian electricity companies.
Alliant already acquired 45.6% of the voting capital of Energisa and plans to
compete in the tenders for the privatisation of Cemar, Saelpa, Ceal and
Cepisa with US$ 300mn in 5 years.

BRAZIL: ELECTRICITY COMPANIES' OUTSOURCING
Gazeta Mercantil, 03 Mar 2000, p. c-4:-
 Many Brazilian electricity distribution companies began to outsource
networks and equipment maintenance services after their privatisation in
order to reduce costs and increase quality and productivity. Businesses
between US$ 400mn and US$ 500mn yearly may be generated with this outsourcing
trend.
The company Elektro signed a contract in the beginning of 2000 by which the
company Potencial (created by former employees) will render several services
to Elektro, receiving R$ 2.5mn yearly during 4 years for that. Services
include electric material selection, electric testing, meters recovery and
control, voltage regulators recovery and equipment maintenance.
The company CPFL signed an agreement also in the beginning of 2000 by which
the company Alstom will be responsible for the equipment maintenance,
receiving approximately R$ 20mn during 4 years.
The company Bandeirante increased its expenses with services rendering from
R$ 45mn in 1998 to R$ 62mn in 1999.
Eletropaulo is an exception, not outsourcing maintenance services. It
transformed its maintenance area in a business unit which will become a
subsidiary later rendering services to other companies too.

BRAZIL: US$ 1.3BN INVESTMENTS OF EDP
Gazeta Mercantil, 03 Mar 2000, p. c-4:-
 The Portuguese group EDP (Electricidade de Portugal) plans to invest US$
1.3bn by the end of 2003, focusing on the construction of thermal power
stations.
The company will invest in 9 thermal power stations projects (total 3,500 MW)
included in the priority program of the Brazilian federal government as
follows:
- the 500 MW power station in the city of Araraquara (state of Sao Paulo),
still without any partner;
- the 88 MW power stations Alto Tiete I and II (state of Sao Paulo), still
without any partner;
- the 180 MW power station Cachoeira Paulista (state of Sao Paulo), still
without any partner;
- the 180 MW power station Indaiatuba (state of Sao Paulo), still without any
partner;
- the 480 MW power station Vale do Paraiba (state of Sao Paulo), in
partnership with the Brazilian oil company Petrobras;
- the 250 MW power station Corumba (state of Mato Grosso do Sul), in
partnership with the Brazilian companies Vale do Rio Doce (CVRD) and
Petrobras;
- the 300 MW power station in the city of Campo Grande (state of Mato Grosso
do Sul) through the company Enersul;
- the 500 MW power station of Vitoria (state of Espirito Santo) through the
company Escelsa, in partnership with Petrobras and Vale do Rio Doce;
- the 720 MW power station Norte Fluminense (state of Rio de Janeiro), in a
partnership of the companies Eletrobras, Petrobras, Light, Cerj and Escelsa.

BRAZIL: EDP TO INVEST IN THERMAL POWER STATIONS
Expansion, 08 Mar 2000, p.11:-
 Nearly Euro 1,336mn will be allocated in a three-year term by Portuguese
electricity operator Electricidade de Portugal (EDP), in order to build
thermal power stations in Brazil.

SPAIN: IBERDROLA TO EXPAND BUSINESS
El Pais, 09 Mar 2000, p.71:-
 According to Mr. Antonanzas, responsible for international expansion of
Spanish electricity operator Iberdrola, the group intends to become a global
services operator.  In this sense, it will allocate in a five-year term,
nearly 11% of its assets, totalling Pta 400,000mn.
On the other hand, Mr. Antonanzas has ratified that Iberdrola has focused on
Brazil and Mexico its expansion plans in Southern and Central America.

BRAZIL: ALLIANT IN PETROBRAS' POWER STATION
Gazeta Mercantil, 09 Mar 2000, p. c-6:-
 The US group Alliant will participate in the project for the construction of
a 100 MW thermal power station of the Brazilian state-owned oil company
Petrobras in the Brazilian city of Aracaju (state of Sergipe) with investment
of US$ 100mn.

ARGENTINA: CENTRAL COSTANERA-EDESUR AGREEMENT
El Cronista Comercial, 07 Mar 2000, p. 18:-
 Argentina's energy generation firm Central Costanera signed an agreement
with energy distribution company Edesur through which Central Costanera will
continue supplying electricity to Edesur for an additional 8-year term as of
May 1, 2000. The agreement implies a reserve of electricity of Central
Costanera available for the demand of Edesur which may reach a maximum of 725
MW during the Winter season (June to September).

ARGENTINA: ENRON CLOSES CONTRACT WITH EDEN
Buenos Aires Economico, 06 Mar 2000, p. 2:-
 US-based Enron signed a year contract to supply 20% of the electricity
demand of Argentina's energy distribution firm Empresa Distribuidora de
Energia del Norte (EDEN) based in the Northern area of the province of Buenos
Aires. EDEN, an AES-PSEG firm, has annual sales of 3,570 GW. In Argentina,
Enron operates TGS, a gas distribution company. The firm has recently started
the construction of a combined cycle station in Cuiaba, Brazil, which will
operate with gas imported from Bolivia and will initially supply electricity
to Brazil but may also demand additional gas from Argentina.

BRAZIL: COSERN'S DEBENTURES
Jornal do Commercio, 09 Mar 2000, p. a-19:-
 An extraordinary general shareholders meeting was held on March 3rd 2000
approving a public issue of debentures by the Brazilian electricity company
Cosern (Companhia Energetica do Rio Grande do Norte).
A total of 9,000 debentures will be issued on April 1st 2000 with value of R$
10,000 each.

BRAZIL: INTERESTED COMPANIES IN OIL AREAS
Gazeta Mercantil, 09 Mar 2000, p. A-11:-
 According to the Brazilian National Petroleum Agency (ANP), by March 3rd
2000, 36 companies had showed interest to participate in the oil exploration
and production concession tenders  which will probably be held in the
beginning of July 2000.
From these 36 companies, 34 are already registered. ANP informed that, from
the registered companies, at least 10 did not participate of the first round
of oil areas tenders.
The ANP expects that more companies will participate of these tenders
compared to the first round of tenders. The agency will hold workshops on
March 15th and 16th in order to explain everything about the concessions.
The only companies which revealed that will participate of the tenders are
the state owned Brazilian Petroleum Company (Petrobras) and Enterprise Oil do
Brasil.

ARGENTINA: TOTALFINA INVESTED US$ 70MN HERE
El Cronista Comercial, 09 Mar 2000, p. 14:-
 On March 8, 2000, French-Belgian TotalFina announced it had started to
operate its US$ 70mn liquefied petroleum gas processing plant in the province
of Tierra del Fuego, Southern Argentina. The plant is owned by Cuenca Marina
Austral I, a consortium conformed by Total Austral (37.5%), Wintershall
Energia (37.5%) and Pan American Energy (25%). The plant has an installed
capacity to process 8mn cubic metres of gas per day and produce 250,000
annual tons of LPG and 60,000 tons of other liquid derivatives of oil and
gas. The LPG produced will be sent through a pipeline to Puerto Arenas, Chile
and marketed in Chile and Brazil.

ARGENTINA/CHILE: REPSOL-ENAP AGREEMENT
El Cronista Comercial, 07 Mar 2000, p. 18:-
 Chile's oil firm Enap and its Spanish-Argentine counterpart Repsol-YPF may
close an agreement to develop joint-ventures in the area of gas distribution
in Chile and Argentina as of April 2000. Both firms are already partners in
the Estenssoro-Pedrals gas pipeline which links the Neuquen province gas
fields with Talcahuano and Chile's Pacific gas pipeline. They are also
partners in projects in Venezuela and Ecuador. The alliance is supported by
the possible acquisition of Transcanada's assets by Enap. Repsol is studying
similar alliances with Petropar from Paraguay and Petrobras from Brazil.

URUGUAY: GASODUCTO CRUZ DEL SUR WORKS COMING UP
El Observador, 06 Mar 2000, p. 9:-
 George Ferguson, the president of the consortium Gasoducto Cruz del Sur,
announced this firm may start the construction of a natural gas network in
Southern Uruguay by June 2000. The firm was adjudicated the construction and
exploitation of a gas pipeline which will allow Argentina to export gas to
Uruguay. It already accounts with the permission of Uruguay's environment
protection bureau DINAMA. Early in April 2000, Gasoducto Cruz del Sur will
call for a tender process to adjudicate the works related to the gas
pipeline.

ARGENTINA: PEREZ COMPANC 4Q RESULTS
La Nacion (Argentina), 08 Mar 2000, p. 2/1:-
 Oil sector analysts anticipated that Argentine oil company Perez Companc
would report profits of some US$ 48 to 49mn in the fourth quarter of 1999,
down from US$ 53mn in the same period of 1998. The fall was attributed to the
fact that the method of price insurance used by the company would prevent it
from receiving the full benefit of the rise in world oil prices during the
period.

BRAZIL: NO FUELS PRICES INCREASES
O Estado de S.Paulo, 09 Mar 2000, p. b-1:-
 The fuels prices in Brazil will not increase by the end of the 1st half of
2000 even with the higher oil prices, as informed the Brazilian president
Fernando Henrique Cardoso on March 8th 2000.

BRAZIL: OIL-ACCOUNT INCREASING
O Estado de S.Paulo, 09 Mar 2000, p. b-1:-
 The Brazilian oil account balance increased from R$ 2.439bn in January 2000
to R$ 2.55bn in February 2000 and is expected to reach R$ 2.65bn in March
2000.
The oil-account is the debt of the Brazilian federal government with the
state-owned oil company Petrobras and it will increase to avoid fuels prices
increases.

ARGENTINA: SOYA LED 1999 EXPORTS
La Nacion (Argentina), 04 Mar 2000, p. 2/1:-
 Representing 15.4% of Argentina's overall exports of 1999, this country's
soya exports totalled US$ 3.5975bn during 1999, according to figures released
by the Argentine statistics bureau INDEC. Soya exports were even over oil and
gas exports which reached an overall US$ 2.649bn and grew 18.7% during 1999.
The third position was occupied by automotive exports, which totalled US$
1.965bn during 1999, 42.9% under the figure reported during the previous
year, followed by wheat, sunflower, corn and fishing products exports.

ARGENTINA: CRUDE OIL OUTPUT FELL 5.5%
Buenos Aires Economico, 07 Mar 2000, p. 2:-
 As a result of lower investments destined to oil exploitation activities
during the first half of 1999, Argentina's crude oil output fell 5.5% during
1999, on a year-to-year comparison, according to figures released by this
country's oil and gas institute (IAPG). On the contrary, its natural gas
output grew 9.8%, always as regards the previous year. The low price reported
by crude oil during the first half of 1999 discouraged companies to invest in
the mentioned activities, remarks the IAPG. During 1999, Argentina produced
116.191mn cubic metres per day of natural gas and 127.233 cubic metres per
day of crude oil, 33.6% of which was exported.

ARGENTINA: POSSIBLE PETROL INCREASES
El Cronista Comercial, 08 Mar 2000, p. 9:-
 The increase in international oil prices is both a curse and a blessing for
Argentina. While local oil companies decide whether to raise petrol yet again
and thereby affect the consumer's pocket, the increase could translate into
US$ 4.3bn in extra income for the country as result of oil exports. Estimates
are that oil exports could reach the US$ 7.3bn mark for 2000, or 2.5 times
that of 1999, thus becoming Argentina's main export.

BOLIVIA/CHILE/PARAGUAY: NEW MANAGER OF ESSO
El Cronista Comercial, 06 Mar 2000, p. 14:-
 John McCaffrey has been appointed as the president of the board of Esso, an
Exxon company, and as functional representative of this firm for Bolivia,
Chile, Paraguay and Uruguay, replacing Jens Dreyer who returned to work at
Esso's Central Europe Unit based in Hamburg, Germany.

BRAZIL: TEXACO TO PAY FOR ENVIRONMENT ACCIDENT
Jornal do Commercio, 09 Mar 2000, p. a-13:-
 The Brazilian subsidiary of the US oil company Texaco accepted on March 8th
2000 to pay indemnities related to an environmental accident with the sinking
of a ferryboat in the River Para.
Indemnities will be paid to public institutions which had expenses to support
the recovery of the ferryboat and to fisherpeople and people who live close
to the river and were hindered by the accident.

MEXICO: ENRON TO RUN BUFETE
El Economista (Mexico), 03 Mar 2000, p. online:-
 Creditors of the bankrupt Mexican construction firm, Bufete Industrial, have
decided to hand over the running of the company to the US-based Enron
Engineering & Construction Company (EECC) in exchange for a minority share in
the new company. Bufete will continue to have its headquarters in Mexico
city. Bufete creditors are Citibank, Serfin and Bancomext.

MEXICO: CANTARELL PLATFORMS INSTALLED
El Financiero (Mexico), 06 Mar 2000, online:-
 Mexican state oil company Pemex has announced that the first habitational
platforms forming part of the Cantarell offshore oil project will be
installed during March 2000. The Akal B and Akal L modules will be installed
by the consortium Cabyl, formed by US-based Enron, Brazilian Odebrecht and
Mexican CIGSA, under a US$ 102.6mn. The consortium has a total of three
contracts for habitational platforms at the site, valued at US$ 274mn.

ARGENTINA: GOV'T AGAINST OIL REGULATIONS
El Cronista Comercial, 09 Mar 2000, p. 5:-
 Argentina's Energy Secretary, Daniel Montamat, qualified as interventionist
a proposed bill to fix oil prices recently introduced in the senate. Montamat
contends that those who wrote the bill forget that YPF is no longer a
state-owned company. The administration of Argentine president, Fernando de
la Rua, is about to introduce its own oil bill that would back up the current
deregulation of this market.

LATIN AMERICA: IBERDROLA WILL INVEST US$ 2.325BN
Folha de S.Paulo, 09 Mar 2000, p. 2-8:-
 The Spanish company Iberdrola informed on March 8th 2000 its plans for Latin
America:
- investments of US$ 2.325bn by the year 2005, probably be more concentrated
in Brazil and Mexico;
- some partnerships with the also Spanish group Telefonica;
- in Brazil, will concentrate its operations in the cellular telephony sector
(Iberdrola is shareholder of the Brazilian cellular telephony operators Tele
Leste Celular and Tele Sudeste Celular), and will probably sell its shares in
fixed telephony operators, because the Brazilian telecommunications rules do
not allow companies to have fixed and cellular telephony operations in the
same areas;
- will participate of the next privatisation processes to be promoted in
Brazil and Mexico.
Iberdrola expects a profit of approximately US$ 170mn in the year 2004 in the
Latin America and has also electricity operations.

BRAZIL: CATAGUASES' THERMOELECTRIC PLANTS
O Estado de S.Paulo, 06 Mar 2000, p. B-2:-
 The Brazilian energy company Companhia Forca e Luz Cataguazes-Leopoldina
will invest the amount of R$ 210mn to install 2 thermoelectric plants, one in
the city of Juiz de Fora (state of Minas Gerais) and other in the state of
Sergipe, in a partnership with the Brazilian Petroleum Company (Petrobras).
The National Bank for Economic and Social Development (BNDES) will finance
part of the investments for the construction of these plants, which are part
of the Thermoelectricity Priority Program 2000-2003.

ARGENTINA: PETROL PRICES REDUCE DEMAND
Clarin, 09 Mar 2000, p. 23:-
 Argentine service stations estimate that petrol and diesel sales fell by
20-25% in the first two months of 2000 as a result of the rise in prices.
According to independent service stations association FECRA, average sales
have fallen from 200-220,000 litres per month two years ago to 150-170,000 at
present. However, while in 1991 6bn litres of petrol were sold at a price of
US$ 0.60, in 1999 5.2bn litres were sold at US$ 1 per litre. As a result, oil
companies saw their income rise from US$ 3.5bn to US$ 5bn, despite the fall
in volumes sold.

MEXICO: ENRON BUYS ADDITIONAL 10% OF TRIBASA
El Financiero (Mexico), 09 Mar 2000, p. on line:-
 US-based Enron Corp. may expand its current 10% stake in Mexico's
engineering construction projects developer Tribasa to 20%, to cover the US$
27mn loan it granted to this company. Tribasa plans to reduce its financial
liabilities some US$ 200mn during the year 2000. The firm is 50% controlled
by the Mexican family Pealoza.


I think what I will do is send out an email today to have people call you
directly and reserve a room.  We can then see how many short we are, and deal
with the deposit.  I will tell them to inform you that they are with the
Enron group.  Names of the individuals should be as follows;

Kay Mann (I'll call with my card soon - I want the Premier)
Heather Kroll
Barbara Gray
Peggy Banczak
Lisa Bills
Rose Engeldorf
Nora Roberts
Anne Koehler
Lisa Mellencamp
Christi Nicolay
Gail Brownfeld

Maybe this will help identify those who are REALLY in.  There may be a couple
of new ones also.

Thanks,

Kay

"Cindy Viator" <cindyv@lakeaustin.com> on 03/07/2001 09:56:58 AM
To: <Kay.Mann@enron.com>
cc:

Subject: Re: Lake Austin Spa Resort

Hi Kay,

If we hold the rooms with the prepayment I would need a cancellation before
March 23rd in order to fully refund the pre-payment amount.  Let me know
what you think, I work with you however I can.

Cindy

-----Original Message-----
From: Kay.Mann@enron.com <Kay.Mann@enron.com>
To: Cindy Viator <cindyv@lakeaustin.com>
Date: Tuesday, March 06, 2001 4:54 PM
Subject: Re: Lake Austin Spa Resort

>
>Cindy,
>
>How long would we have until we need to release the rooms to avoid the
>charge?  I  think your suggestion will work.
>
>Kay
>
>
>
>
>"Cindy Viator" <cindyv@lakeaustin.com> on 03/06/2001 12:05:28 PM
>
>To:   <Kay.Mann@enron.com>
>cc:
>
>Subject:  Re: Lake Austin Spa Resort
>
>Hi Kay,
>
>I'm so happy that you guys are coming to visit us.  May 4 - 7, 2001 are
>great dates for your group to come, however I can not block rooms due to
>our
>availability at this time.  .  The only way I can guarantee the rooms is to
>get a $3000 pre-payment to hold the rooms.  If you would like to hold that
>on your credit card until they call with their own, I can do that.  I  will
>keep an eye on it for you and if you just want to have everyone call me as
>soon as they can or I can call them.
>
>Just let me know how I can make this easiest for you.  Do you know if your
>group wants signature or premier rooms?
>
>See you soon.
>Cindy Viator
>Sales/Marketing
>Lake Austin Spa Resort
>(800) 847-5637
>(512) 372-7366
>cindyv@lakeaustin.com
>www.lakeaustin.com
>
>-----Original Message-----
>From: Kay.Mann@enron.com <Kay.Mann@enron.com>
>To: Cindy Viator <cindyv@lakeaustin.com>
>Date: Tuesday, March 06, 2001 8:55 AM
>Subject: Re: Lake Austin Spa Resort
>
>
>
>
>Hi Cindy,
>
>Would it be possible to block some rooms for a couple of weeks while people
>make their reservations?  I'm thinking maybe ten rooms for May 4, 5, and 6,
>out on the 7th?  I would like it best if the individuals could call you
>directly to make the reservation.  How does that work for you?
>
>Thanks,
>
>Kay
>
>
>
>
>"Cindy Viator" <cindyv@lakeaustin.com> on 02/23/2001 02:33:04 PM
>
>To:   <kay.mann@enron.com>
>cc:
>
>Subject:  Lake Austin Spa Resort
>
>
>
>
>
>Contact: Kay Mann
>
>email: kay.mann@encore.com
>
>
>
>   Getaway package May 4, 2001
>
>
>   Includes six (6) private signature or premier room. Three healthy
>   gourmet  meals daily, unlimited fitness classes, activities and
>   discovery programs. Spa  services and personal fitness instructions are
>   available a la carte.
>
>
>
>   Two Nights, Private Accommodations:
>
>   Signature Room $720* per person
>
>   Premier Room $820* per person
>
>   Three Nights, Private Accommodations:
>
>   Signature Room $1,080* per person
>
>   Premier Room $1,230* per person
>
>
>   *rates do not include 6% tax and 18% service charge and is
>   non-commissionable. These rates will only apply to a group of six or
>   more  people visiting during the dates listed above.
>
>
>   Private activities such as boat cruises, hikes, yoga classes or kayak
>   outing are also available at additional charges.
>
>   Deposit:
>
>
>   A $500 per person pre-payment is due at the time of  booking. Payments
>   can be made by persona, corporate, or cashiers check, Visa,  Mastercard,
>   Discover, Diners Club or American Express.
>
>   Cancellations:
>
>
>
>Cancellations made 45 days or more in advance will receive  a full refund
>of the pre-payment. Reservations cancelled 44 - 15 days or less  prior to
>arrival will be non-refundable but we will hold the pre-payment amount  for
>up to one year to be used at a later date. Reservations cancelled 14 days
>or  less prior to arrival will forfeit the entire pre-payment amount.
>
>Please review this proposal and call me at  your earliest convenience with
>any questions and/or comments. I will be happy to  help customize a package
>to fit the particular needs of your guests.
>
>Sincerely,
>
>Cindy Viator
>
>Sales/Marketing
>
>cindyv@lakeaustin.com
>
>800-847-5637
>
>
>
>[IMAGE]
>(See attached file: lasr.jpg)
>
>
>
>
>
>
>
>
>
>


David and Vince,
in my e-mail below I pointed out to a inconsistency in the portfolio
hierarchy for UK positions in RisktRac that I found out,
namely: some books (for example E1SB1 and E1SB2) belong to UK-GAS portfolio
and to UK-POWER portfolio.
I wanted to clarify this in order to reconcile positions in RisktRac and in
the spreadsheet.

Tanya.

Tanya Tamarchenko
01/03/2001 02:09 PM
To: Naveen Andrews/Corp/Enron@ENRON, Matthew Adams/Corp/Enron@ENRON
cc: Rabi De/NA/Enron@ENRON, Jaesoo Lew/NA/Enron@ENRON, Vince J
Kaminski/HOU/ECT@ECT
Subject: Re: UK portfolios and books setup in RisktRac

Naveen and Matthew,
I started looking systematically through UK positions and corresponding VAR
numbers in the RisckRac.
I found a few inconsistencies so far.

1. The portfolio E1SB1-NBP has a book E1SB1 under it.  The sum of delta
positions for this book is
239,021,655, the sum of gamma positions is -211,031,450. VAR for the
portfolio E1SB1-NBP is zero.

The same refers to a few other portfolios, for example E1SB2-NBP, E1SB3-NBP,
E2XX1-NBP.

2. The portfolio E1SBP1-PPP also has the book E1SB1 under it. This book
contains the positions on PPPWD1
through PPPWD6 and PPPWE1 through PPPWE4.

The same refers to the other books, for example E1SB2.

This looks messy.  Can someone in RAC go over all the portfolios, all the
corresponding books and curves
in RisktRac and make sure they are set up properly?

Thank you,

Tanya.


I tried to run the model and it did not work


Teb,
You've got to read this--even if you're in the middle of something
important--ESPECIALLY if you're in the middle of something important. Enjoy!!
Love,
Sandy

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To: Ardis Bond family <arbond@home.com>,        Bruce Hammond <toons@brucehammond.com>,        Susan Dunholter <sdunholter@sde.com>,        Lida Rose <lrose49@earthlink.net>,        susyandtom <susyandtom@top.monad.net>,        "Shaffer, Henry" <hshaffer@bridgew.edu>, Sarah Hale <sehale@monad.net>,        Meredith Martin <martinmm@fpc.edu>, Sandy Taylor <sandyteb@aol.com>,        Margaret Gurney <gurney@monad.net>, melissa <stephensonm@monad.net>,        Linda Ottavi <ottavi@sunrise.mv.com>, Jane Force <janeforce@aol.com>,        Larry Shaffer <lshaffer@crosslink.net>, Lajla K <lajla@sharonarts.org>,        John Sias <JNSias@aol.com>, Janet Lutkus <j_lutkus@conknet.com>,        Christine Force <forcec@msu.edu>,        Jackie Shaffer <shafferjacquelin@hotmail.com>,        David Weir <drw@monad.mv.com>
Subject: More funny stuff (church bulletins)
Content-Type:  text/plain; charset=us-ascii; x-mac-type="54455854"; x-mac-creator="4D4F5353"

These aren't from Bill (my usual source), but from another Lyceum
committee member. Have a good morning.
--jill

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

>These are actual clippings from church newspapers It's amazing what a
 little proofreading would prevent:
 >>
 >> Bertha Belch, a missionary from Africa will be speaking tonight
 >> at Calvary Memorial Church in Racine. Come tonight and hear
 >> Bertha Belch all the way from Africa.
 >>
 >> Announcement in the church bulletin for a National PRAYER &
 >> FASTING Conference: "The cost for attending the Fasting and
 >> Prayer conference includes meals."
 >>
 >> Our youth basketball team is back in action Wednesday at 8 PM in
 >> the recreation hall. Come out and watch us kill Christ the King.
 >>
 >> Miss Charlene Mason sang, "I will not pass this way again,"
 >> giving obvious pleasure to the congregation.
 >>
 >> "Ladies, don't forget the rummage sale. It's a chance to get rid
 >> of those things not worth keeping around the house. Don't forget
 >> your husbands."
 >>
 >> Next Sunday is the family hayride and bonfire at the Fowlers'.
 >> Bring your own hot dogs and guns. Friends are welcome! Everyone
 >> come for a fun time.
 >>
 >> The peacemaking meeting scheduled for today has been canceled due
 >> to a conflict.
 >>
 >> The sermon this morning: "Jesus Walks on the Water." The sermon
 >> tonight: "Searching for Jesus."
 >>
 >> Next Thursday there will be tryouts for the choir. They need all
 >> the help they can get.
 >>
 >> Barbara remains in the hospital and needs blood donors for more
 >> transfusions. She is also having trouble sleeping and requests
 >> tapes of Pastor Jack's sermons.
 >>
 >> The Rector will preach his farewell message after which the choir
 >> will sing "Break Forth into Joy."
 >>
 >> Remember in prayer the many who are sick of our community.
 >>
 >> Smile at someone who is hard to love.
 >>
 >> Say "hell" to someone who doesn't care much about you.
 >>
 >> Don't let worry kill you - let the Church help.
 >>
 >> Irving Benson and Jessie Carter were married on October 24 in the
 >> church.  So ends a friendship that began in their school days.
 >>
 >> At the evening service tonight, the sermon topic will be "What is
 >> Hell?"  Come early and listen to our choir practice.
 >>
 >> Eight new choir robes are currently needed, due to the addition
 >> of several new members and to the deterioration of some older
 >> ones.
 >>
 >> The senior choir invites any member of the congregation who enjoy
 >> sinning to join the choir.
 >>
 >> Scouts are saving aluminum cans, bottles, and other items to be
 >> recycled.  Proceeds will be used to cripple children.
 >>
 >> The Lutheran men's group will meet at 6 PM. Steak, mashed
 >> potatoes, green beans, bread and dessert will be served for a
 >> nominal feel. For those of you who have children and don't know
 >> it, we have a nursery downstairs.
 >>
 >> Please place your donation in the envelope along with the
 >> deceased person(s) you want remembered.
 >>
 >> Attend and you will hear an excellent speaker and heave a healthy
 >> lunch.
 >>
 >> The church will host an evening of fine dining, superb
 >> entertainment, and gracious hostility.
 >>
 >> Potluck supper Sunday at 5:00 P.M.-prayer and medication to
 >> follow.
 >>
 >> The ladies of the Church have cast off clothing of every kind.
 >> They may be seen in the basement on Friday afternoon. This
 >> evening at 7 P.M. there will be a hymn sing in the park across
 >> from the Church. Bring a blanket and come prepared to sin.
 >>
 >> Ladies Bible Study will be held Thursday morning at 10. All
 >> ladies are invited to lunch in the Fellowship Hall after the B.S.
 >> is done.
 >>
 >> The pastor would appreciate it if the ladies of the congregation
 >> would lend him their electric girdles for the pancake breakfast
 >> next Sunday morning.
 >>
 >> Low Self Esteem Support Group will meet Thursday. Please use the
 >> back door.
 >>
 >> The eighth-graders will be presenting Shakespeare's Hamlet in the
 >> Church basement Friday at 7 PM. The Congregation is invited to
 >> attend this tragedy.
 >>
 >> Weight Watchers will meet at 7 PM at the First Presbyterian
 >> Church. Please use large double door at the side entrance.
 >>
 >> Mrs. Johnson will be entering the hospital this week for testes.
 >>
 >> The Associate Minister unveiled the church's new tithing campaign
 >> slogan last Sunday: "I Upped My Pledge - Up Yours."
 >>
 >>
 >> Contributed by: Julie Cummings


Please take me off your mailing list


Sorry, the product must be ready next week.

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

	Susan Musch/ENRON@enronXgate
	03/22/2001 06:42 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: RE: Tax Reps in the currency forward

Oops, I will put this to the top of the queue (since it accidentally slipped
down the list).

 -----Original Message-----
From:  Shackleton, Sara
Sent: Thursday, March 22, 2001 6:11 PM
To: Musch, Susan
Subject: Tax Reps in the currency forward

Please forward your comments.  Thanks.

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


---------------------- Forwarded by Hunter S Shively/HOU/ECT on 09/27/2000
08:45 AM ---------------------------

	From:  Cindy Cicchetti                           09/26/2000 12:38 PM

To: Phillip K Allen/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Scott
Mills/HOU/ECT@ECT, Allan Severude/HOU/ECT@ECT, Jeffrey C Gossett/HOU/ECT@ECT,
Colleen Sullivan/HOU/ECT@ECT, Russ Severson/HOU/ECT@ECT, Jayant
Krishnaswamy/HOU/ECT@ECT, Russell Long/HOU/ECT@ECT
cc:
Subject: Gas Trading Vision mtg.

This meeting has been moved to 4:00 on Wed. in room 2601.  I have sent a
confirmation to each of you via Lotus Notes.  Sorry for all of the changes
but there was a scheduling problem with a couple of people for the original
time slot.


[IMAGE]
	  GET YOUR [IMAGE] CELLPHONE NOW!  FREE Phones! FREE Activation! FREE Delivery!  Limited time offer, act quickly!  CLICK HERE!
[IMAGE]	[IMAGE]	[IMAGE]

To be removed from this email list please respond to this message and put REMOVE in the subject line.


Here is a presentation that I need to have "cleaned up" a little bit.  I need
this for this morning.  Please let me know the status.  Thanks.
Ben
3-7998


Since we are in the process of trying to exit this business the answer from
Enron Wind would be no.  You might want to contact Condy Plson to see if the
idea has any value to Enron.


Hi Lizzie,

Will you please have someone re-send the confirmation to Dynegy Canada for May 25th and May 31st.  The sitara ticket Number is 761773.

I trade on a daily basis with Dynegy Canada and I use them to balance on (a good deal for Enron), so their volumes may change several times during the morning trading period.  So as a result, to avoid sending them duplicate confirmations, would it be possible to wait until the afternoon to send their daily confirmations?

If not, no big deal, it would just make less work for everyone concerned.

Thanks


you are a dick!

 -----Original Message-----
From: 	Hatten, Micah
Sent:	Sunday, December 02, 2001 10:14 AM
To:	Bass, Eric
Cc:	Blanchard, Timothy
Subject:	Texas

Texas stinks!  As I said before, Chris Simms is the best 5 yard passer in college football history.  When the game is on the line, he chokes!  After he turned the ball over 4 times, he had to fake like he sprained his pinky so that he could go and cry on the sideline.  Texas had to call on their savior from Baton Rouge, but it was a little too late for Major to erase the mistakes of Sissy Simms.

Oh well, I have to get my licks in while I can.  Geaux Tigers!


I just wanted to say 'Hi!'.  I really enjoyed talking to you last night (and
every other night).  I hope you have a great day.

More later,

Errol McLaughlin


I don't do tagg but I'll give to the appropriate person


Yep, I actually got in around 7:45 and it has been a very productive day.  I
am leaving here in about 10 minutes and I should be back around 2:00.  Cuts
off a big portion of my day.  I am hoping that I will not have to stay too
late tonight.

I have been kicking butt...but not bothering with the names.  Are they really
that important?  Ha!

How is your day going?


RW, please call me re this. Thank you. Jim

 -----Original Message-----
From: 	Pardue, Larry
Sent:	Wednesday, November 14, 2001 11:47 AM
To:	Ramirez, Angie; Estrella, Annette; Barrow, Cynthia; Davis, Hardie; King Jr., Frazier; Rice, Greek; Whiting, Greg; Bouillion, James L.; Derrick Jr., James; Priddy, Janice; Burgess, Jay; Leo, Johnson; Cole, Kate; Pinder, Lori; Pham, Lynda; Perkins, Mary; Moore, Jerry Thomas; Rieker, Paula; Rangel, Rafael; Hrna, Sandra; SAP Master Data; Hu, Sylvia; Callahan, Teresa; Phan, Thach C.; Trujillo, Vicsandra; LaBaume, Wanda; Ware, Weldon M.
Cc:	Muchmore, Nancy; Novak, John
Subject:	New Incorporation - Enron South America Group

Ungava Participa??es Ltda.  (Company #1722 - UPL) was incorporated in Brazil on 8 January 2001.  Particulars are:

PARENT COMPANY(IES):		Enron International Brazil 1997 Ltd. - 99.99%
				Enron International Brazil Gas Holdings Ltd. - .001%

BUSINESS PURPOSE:		To be confirmed, pending receipt of A&J memo.

QUOTAS:			Authorized:  2,606,457 Brazilian Reales; p.v.: R$1.00
				Issued:  2,606,457

DELEGATE MANAGERS:		See attached Corporate Data Sheet

EMPLOYEES:			No

TAX:  Please apply for FEIN, if necessary
TREASURY:  No banking resolutions adopted
CORPORATE RECORDS:  Please recycle minute book -- incorporation documetation to be hand delivered.

Larry Pardue
Supervisor, Corporate Services
     and Assistant Secretary
Enron Corp.
1400 Smith Street, Suite 4804
Houston, TX 77002
Tel  +713 345 5376
Fax  +713 646 8007
email:  larry.pardue@enron.com


There will be a quiz on this as part of your year-end evaluation.

---------------------- Forwarded by Kathy Ringblom/ET&S/Enron on 11/09/2000
08:08 AM ---------------------------

	From:  Ken Lay and Jeff Skilling                           11/08/2000 04:59 PM

Sent by: Enron Announcements
To: All Enron Worldwide
cc:

Subject: Organizational Changes

We are making a number of significant organizational changes.  These changes
are intended to accomplish four key objectives:

First, we need to realign all our wholesale businesses around the successful
business model developed over the last decade in North America and Europe.
This model relies on extensive physical and transactional networks built
around a relatively small strategic asset position.

Second, we need to significantly streamline corporate reporting
relationships.  Particularly with Joe Sutton,s departure, the ability to
directly manage the day-to-day activities of 15 independent business units
has become increasingly difficult.

Third, we need to accomplish these changes without, in any way, compromising
the ongoing profitability of all our businesses and without delaying or
hindering our effort to monetize a significant portion of our lower-yielding
asset positions.

And fourth, as always, we need to take advantage of the reorganization to
redeploy our talent into our highest value opportunities.

ENRON WHOLESALE SERVICES

Today, we are forming Enron Wholesale Services (EWS) which will consolidate
our global wholesale businesses.  The closer alignment of our wholesale
businesses will accomplish the following: (1) enhanced communication and
coordination across business units, (2) more rapid deployment of people to
higher valued opportunities, (3) more effective prioritization of
opportunities across the wholesale business, and (4) more rapid extension of
Enron,s wholesale business model and capabilities into new industries and
markets.

Enron Wholesale Services will include our current North American, European
(including Japan and Australia), Global Markets, and Industrial Markets
operations, and will be expanded to include Enron,s Net Works business unit
as well as a new unit ) Enron Global Assets.  In addition, Enron,s merchant
businesses outside of North America and Europe will be integrated into this
new structure as described below.

Mark Frevert, currently Chairman of each of our wholesale units, will assume
the role of Chairman and CEO of Enron Wholesale Services.  Greg Whalley,
currently Chairman and CEO of Enron Net Works, will join Mark in the Office
of the Chairman as President and Chief Operating Officer.

Providing further impetus for these organizational changes, several of our
international business unit leaders have elected to move into new leadership
positions:

Rebecca McDonald, currently CEO of Enron APACHI, will join EWS as President
and CEO of Enron Global Assets. Enron Global Assets will have responsibility
for managing all of Enron,s existing energy asset portfolio outside of North
America and Europe.  Joining Rebecca in the Office of the Chairman as COO
will be Jim Hughes, currently COO of Enron APACHI.  Rebecca and Jim will
report to the EWS Office of the Chairman.

Sanjay Bhatnagar, currently CEO of Enron India, has joined EBS as CEO for the
Middle East and Asia region.  Sanjay will be responsible for building our
broadband business in this region and the current EBS team in this region
will report to Sanjay.  In this role, Sanjay will report to the EBS office of
the Chairman.  In addition, Sanjay will continue to remain responsible for
Enron,s wholesale energy business in India and will transition this business
into Enron Global Assets in the near future.

Diomedes Christodoulou, currently Co-CEO of Enron South America, has joined
EBS as Chief Commercial Officer.  Diomedes will be located in London and will
focus his origination activities on global opportunities, with near term
attention to the wholesale and enterprise sectors.  Diomedes will report to
the EBS Office of the Chairman.

Jim Bannantine, currently Co-CEO of Enron South America, will be joining EES
to lead EES, commercial efforts outside North America and Europe.  In order
to ensure a smooth transition for our South American businesses and to
facilitate our asset sales activities, Jim will remain in South America for
at least the next several months and continue to serve as CEO of Enron South
America.  Throughout the transition, Jim will report to Cliff Baxter and to
the Office of the Chairman of Enron Wholesale Services.  Following the
transition, Jim will join EES.

In addition to these changes in our international asset operations
activities, we are making the following changes in our merchant wholesale
businesses and the commercial support functions:

Enron Net Works
Louise Kitchen will assume Greg,s previous responsibilities as President and
CEO of Enron Net Works, reporting into Mark and Greg.

Enron Americas
Concurrent with the transfer to Enron Global Assets of responsibility for
operating Enron,s South and Central America asset base, all trading,
marketing, and new asset development activities in these regions will report
into a new entity, Enron Americas.  Enron Americas will have responsibility
for all wholesale merchant businesses across North, Central and South
America.  Dave Delainey, President and CEO, and John Lavorato, Chief
Operating Officer will comprise the Office of the Chairman for Enron
Americas.

Enron Europe
The Enron Europe organization, which includes Enron,s businesses in Australia
and Japan, and Enron Metals, remains unchanged under the leadership of John
Sherriff, President and CEO, and Michael Brown, Chief Operating Officer.

Enron Global Markets
Enron Global Markets, under the leadership of Mike McConnell, President and
CEO, and Jeff Shankman, Chief Operating Officer, will continue to have
responsibility for Enron,s Middle East and LNG operations.  With the
exception of Ecoelectrica in Puerto Rico, all operating power plants and
associated personnel in the Caribbean and Central America will transfer to
Enron Global Assets.  Enron Global Markets will also continue to manage the
commodity businesses in crude and products, coal, weather, insurance,
equities, interest rates, foreign exchange, and agricultural products.

Enron Industrial Markets
Enron Industrial Markets, organization, under the leadership of Jeff McMahon,
President & CEO, and Ray Bowen, Chief Operating Officer, remains unchanged.

Commercial Support for EWS
The commercial support functions for EWS will remain with, and be managed by,
the individual business units.  We are creating no incremental overhead in
the creation of EWS, and in fact hope to reduce our operating costs by more
efficient utilization and sharing of resources across EWS.

To this end we have asked several people to take on an expanded role across
EWS in addition to their ongoing roles within their business units.  These
newly defined roles are as follows:

Mid and Back Office Operations ) Sally Beck will lead Mid and Back Office
Operations across EWS.  These services will become part of Enron Net Works,
with Sally reporting to Louise Kitchen and Rick Causey, Executive Vice
President and Chief Accounting Officer.  This alignment creates a coordinated
services organization with IT and e-commerce platforms to support the
wholesale businesses and to maximize opportunities to commercialize these
services.  Mid and Back Office services for all commercial activities will
continue to be organized with dedicated operations controllers responsible
for specific commodities and/or geographic locations.
Legal ) Mark Haedicke will serve in the role of General Counsel for EWS.
Regulatory and Government Affairs ) This function will remain organized on a
regional basis.  Rick Shapiro will support all EWS businesses operating in
the Americas, and Mark Schroeder, who is based in London, will support all
European and Eastern Hemisphere operations.  Rick and Mark will also continue
to support all other Enron businesses operating in their respective regions
and will continue to report to Steve Kean, Executive Vice President and Chief
of Staff.
Public Relations ) This function is also organized primarily on a regional
basis.  Eric Thode will have responsibility for North American activity,
Enron Net Works, and Enron Industrial Markets.  Jackie Gentle will continue
in her role for Enron Europe (including Japan and Australia) and John Ambler
will have responsibility for activity outside North America and Europe as
well as providing support for Enron Global Markets and Enron Global Assets.
These individuals will also continue to have a split reporting relationship
to Mark Palmer, Vice President of Communications.
Business Analysis and Reporting ) Wes Colwell will expand his role to cover
EWS reporting in addition to his current role in North America.

Attached for your review is an organization chart for Enron Wholesale
Services which summarizes the changes described here.  As this organization
continues to evolve we will keep you informed of any additional changes.

ENRON GLOBAL EXPLORATION AND PRODUCTION
AND ENRON WIND

 As part of our company-wide initiative to examine our assets and investments
around the world, we are considering a variety of options with respect to
EGEP and EWC.  As a consequence, we are putting these businesses under Cliff
Baxter,s direction.  Jeff Sherrick, CEO of EGEP, and Jim Noles, CEO of Enron
Wind, will report to Cliff.

CORPORATE STAFF

 We are consolidating the corporate staff functions: Human Resources,
Government Affairs, Public Relations/Communications and Administration.  In
that regard, Cindy Olson, Executive Vice President of Human Resources and
Community Relations, will report to Steve Kean, Executive Vice President and
Chief of Staff.

COMMITTEE STRUCTURE

 In light of the increased leadership opportunities created by Enron,s
growth, the Executive Committee will be expanded to include more of our
business unit leaders.  The primary role of this committee will continue to
be the communication of relevant information across Enron,s businesses and
the coordination of activities across those businesses.  We will also be
drawing on this group to lead company-wide initiatives such as the
performance review process and evaluation and creation of new businesses.
The Executive Committee membership is shown on the attached list.

 We are also forming a new committee ) the Enron Corporate Policy Committee.
This group will be responsible for overall corporate policy, personnel
management policy and corporate strategy.  The Enron Corporate Policy
Committee membership is also shown on the attached list.

 We are confident that these changes will align our talent and our capital to
our highest return opportunities.  Please join us in congratulating and
supporting all of these individuals in their new roles.


---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/14/2000
12:28 PM ---------------------------
Sandra R McNichols   08/14/2000 09:02 AM

To: Kathleen Speer/HOU/ECT@ECT, Cheryl Dudley/HOU/ECT@ECT, Cathy L
Harris/HOU/ECT@ECT, Irene Flynn/HOU/ECT@ECT, Karl Stewart/HOU/ECT@ECT, Becky
Tlucek/HOU/ECT@ECT, Marvia Jefferson/HOU/ECT@ECT, Pamela
Mitchell/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT, Leslie Smith/HOU/ECT@ECT,
Adrial Boals/Corp/Enron@Enron, Julissa Marron/Corp/Enron@ENRON
cc: Lisa Berg Carver/HOU/ECT@ECT
Subject: Fwd: MORNING BLESSING

Thanks Lisa,
Prayer is so powerful, and you are such a blessing to all who know you.
Sandy
---------------------- Forwarded by Sandra R McNichols/HOU/ECT on 08/14/2000
08:58 AM ---------------------------

	Lisa Berg Carver
	08/14/2000 08:40 AM

To: Christy Sweeney/HOU/ECT@ECT, Ana Correa/HOU/ECT@ECT, Willie
Harrell/HOU/ECT@ECT, Sandra R McNichols/HOU/ECT@ECT, Cassandra S
Dutton/HOU/ECT@ECT, Cynthia Shoup/HOU/ECT@ECT, Dora Trevino/Corp/Enron@Enron,
Cheryl Kaiser/Corp/Enron@ENRON, Melba Lozano/HOU/ECT@ECT, Gerri
Gosnell/HOU/ECT@ECT
cc:
Subject: Fwd: MORNING BLESSING

---------------------- Forwarded by Lisa Berg Carver/HOU/ECT on 08/14/2000
08:38 AM ---------------------------

"hs veselka" <hveselka@hotmail.com> on 08/13/2000 07:18:09 PM
To: WARRENM@onebane.com, veselka@mastnet.net, cbutcher@aramco.com,
debbieb@tgn.net, joyceh@orbitworld.com, CamposJoseLaura@aol.com,
kyuquot@worldnet.att.net, Lisa.Berg.Carver@enron.com, mlove@oldrepnatl.com,
tavara@hot1.net
cc:
Subject: Fwd: MORNING BLESSING

>
>  MORNING BLESSING
>
>    I asked the Lord to bless you,
>    As I prayed for you today.
>    To guide you and protect you,
>    As you go along your way.
>    His love is always with you,
>    His promises are true,
>    And when we give Him all our cares,
>    We know He'll see us through.
>    So when the road you're traveling on
>    Seems difficult at best,
>    Just remember I'm here praying
>    And God will do the rest.
>
>
>  Forward this to at least 10 people whom you
>  want God to bless and,
>  don't forget to send it back to the one who
>  asked God to bless you
>  first.

________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com


i am gonna drive my new ride.  hopefully i pick it up today.  it is so nice.
i don't need a car this nice but what the hell.  how much is your mo. note
gonna be on your house?


I'm going to pencil this guy in too.
---------------------- Forwarded by David M Gagliardi/TTG/HouInd on
06/29/2000 09:56 AM ---------------------------

Tracy Ralston <wdr3@swbell.net> on 06/28/2000 10:57:38 PM

To:   wdr3@swbell.net
cc:

Subject:  from CNNSI

Tommie Harris, DL, 6-3, 275, 4.75, Killeen Ellison, Texas

"I really go after it. I'm aggressive and I'm really strong," said Harris,
who bench presses 405 pounds. "I'm just blessed. That's all I can really
say." College coaches agree. Said one recruiting coordinator, "When you are
thinking about the best defensive linemen in the state of Texas, just draw
a
line under Tommie Harris. He is clearly the best defensive lineman in the
state. He is the only great one."

Last season, this 57-foot shot-putter had 139 tackles, including 21 for
losses and eight sacks. Tommie, whose father is in the Army, was born in
Germany but has lived in the United States since 1991.

He strongly favors TEXAS, which is 45 minutes from his home. "Mack Brown is
gonna do some good there. They are a team on the rise. I feel at home there
and there is no school with better facilities. They have a great weight
program. There is a 75 percent chance I'll choose TEXAS."

Others in the running are MIAMI ("I like their attack defense. I always
liked Warren Sapp. He's great. I don't know much about them, but my family
is from Pompano Beach and I still have family there."), TEXAS A&M, FLORIDA
STATE ("When I was a kid, I always used to watch them. Bobby Bowden looks
like he knows what he is doing.") and LSU.

Hook 'em Horns
Tracy Ralston
wdr3@swbell.net


On the 10/05/00 List:  Tembec, Inc.'s bylaws require that agreements signed
by the company must be signed by any two of the following officers:   the
President or a Vice President together with any Director, Secretary or
Assistant Secretary.  If you are going to trade with them online you must
ensure that the Password Application gets signed by those officers, or if not
by those officers, they must provide a resolution if any officer except those
above signs the documentation.  Because of this signatory restriction
EnronOnline was hesitant to open them for financial trading.  It's up to your
group, but you must comply with these special signatory requirements.  If you
would like Legal to pass on the documentation if you are unsure, forward it
up to me.


ENA is set up as agent for Sithe Energies, USA, INC on CNG Transmission.  I
believe either Kate or Robin did a deal with Sithe last October.  ENA
released capacity to Sithe (only 500 dth per day), and acted as billing and
nominating agent on this contract.  It was a citygate sale  in New York and
we wanted to transfer title at the pool.

I received a call from Scott Nelson (212-351-0494) with Sithe this morning.
He is terminating the agency.


At Andy Zipper's request, attached is a draft letter of interest and term
sheet with respect to Enron's potential equity investment in Altra and it's
agreement to post prices on Altra's energy trading website.   Please note
that neither Andy nor Louise have had an opportunity to review these
documents, and they remain subject to their comments.

Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490


As you are probably aware, your department has been selected to participate
in Project GEM (Global Enron Migration) for the rollout of Windows 2000.  In
preparation for this rollout, it is imperative that we gather information
about your workstation and the applications you use.  To begin this data
collection, we have automated the process and your system has just been
inventoried.   Once this information is received, we will be working with
your department coordinator to consolidate this information to ensure this
transition is as smooth as possible.

The GEM team would like to thank you for your participation.  If you have any
questions, please call Brian Carter,  (713) 345-6424.


Dear Dr. Kaminski

This is Quentin Kerr from Australia, I just came back from the Sydney's
conference. Glen Dixon has told me that you are interested in my work. It is
always my honor to work with you. I am currently a PhD student at the
mathsmatics department of the university of Queensland (aiming to finish my
thesis at the end of this year). My research interest is financial
mathematics, in particular, energy market modeling and derivatives pricing.
Now I send you copies of my first paper (submitted to the Applied
mathematical finance) and my talk (the full version of the academic paper
will be available in 2 weeks). Any comment will be appreciated.

PS: attached with the talk at the conference.

Best regard
Quentin

---------------------------------
Quentin Kerr,                            email: qkerr@maths.uq.edu.au
Room: 67-622                          Tel: (07)33461428
Department of Mathematics,  The University of Queensland

 - con1.ppt


Definitely attend.


Week of Jan. 4 - 7th

No Issues with Y2K @ any Enron Office Facilities
Gary Fitch to Europe to negotiate with Litton (fixed base operator that will
crew and maintain our London based Hawker)
Working on setting up Azurix to be partial owner/lessee of all seven aircraft
in our fleet.  Considering charging Azurix cost of 3rd party legal expenses
related to transactions.
Had 29 laptop computers stolen from EB and 3AC in 1999.  Working with IT
groups on tracking techniques however everything discussed appears too
intrusive.
Added $600K of spend to our minority sourcing efforts (all Houston copy paper
now purchased and delivered through minority firm - Lee Office Supply)
ECI has moved into EB level 44 this weekend.  All looks good.
Terry Thorn will consolidate his staff onto level 21 of 3AC (former EI
executive floor).  Minor renovation is planned to improve density.  Kurt
Huneke's group is anxious for Terry's group to get off of 3AC level 15 so he
can expand.
We had our highest volume of meals ever served in the Energizer last Tuesday
(1st day back of new year)
EES is asking that we move Accounts Payable out of the Enron Building (on EB
level 12) so they can take over space.  EES would also like Accounts Payable
to move to 600 Jefferson to help mitigate their lease obligations.  I've
placed call into Rick Causey to get his thoughts.  Have not heard back.
ECI is interested in setting up a NOC (network operations center) @ Ardmore
Facility.  They'll need 1/2 of the available space.  Working with Corp. IT to
determine feasibility and facility cost sharing.
Meeting this week with Drayton McClane and Astros management to finalise
business points regarding construction of a Garage at Enron Field.


What about this bvalgri in NYC?  There is not a phone #.

-----Original Message-----
From: Heidi Black [mailto:heidiblack@houston.rr.com]
Sent: Tuesday, November 06, 2001 1:21 PM
To: Geaccone, Tracy
Subject: Fw: update

----- Original Message -----
From: Heidi Black <mailto:heidiblack@houston.rr.com>
To: tgeaccone@houston.rr.com <mailto:tgeaccone@houston.rr.com>
Sent: Tuesday, November 06, 2001 1:19 PM
Subject: update

Also, if you know someone at Harold Powell that would be a great one too!

Skip Mumsies - it is no longer in business, I believe, as the number has been disconnected and there is no other listing for it.
Heidi Black
heidiblack@houston.rr.com <mailto:heidiblack@houston.rr.com>


-----Original Message-----
From: Plaisance, Michael
Sent: Monday, March 12, 2001 11:58 AM
To: Long, Julie; Grunenberg, Franz; Ellwanger, Eric
Cc: 'ddees@altra.com'
Subject: March Madness 2001

All,

  I put together a spread sheet for the NCAA tournament this year. If you
are interested then I need you to look at the spread sheet and send it back
to me with your picks by no later than Thursday, March 15th at 10:00 AM. We
have decided to put some money where our mouths are so I will also be asking
for $10 from each of you as soon as possible. The scoring rules are at the
bottom of the spread sheet. Feel free to email me with any questions.

Ad Dei Gloriam,
Michael
The Commissioner . . . you can trust!

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

 - Madness 01.xls


poolie: what's the value of the company to you????

 -----Original Message-----
From: 	"Eva Pao" <epao@mba2002.hbs.edu>@ENRON [mailto:IMCEANOTES-+22Eva+20Pao+22+20+3Cepao+40mba2002+2Ehbs+2Eedu+3E+40ENRON@ENRON.com]
Sent:	Tuesday, May 22, 2001 7:59 AM
To:	jarnold@enron.com
Subject:	more homework

if you are buying a company for $6.6 MM with only a 25% probability of the
target accepting your offer.  what is the expected value?


Ed

Let's discuss.

Paul
---------------------- Forwarded by Paul Simons/LON/ECT on 21/02/2000 17:16
---------------------------

Bryan Seyfried
21/02/2000 16:50
To: Paul Simons/LON/ECT@ECT
cc:

Subject: More Refernce Credits - Please Approve

---------------------- Forwarded by Bryan Seyfried/LON/ECT on 21/02/2000
16:51 ---------------------------

David Weekes
21/02/2000 15:11
To: William S Bradford/HOU/ECT@ECT
cc: Eklavya Sareen/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT

Subject: More Refernce Credits - Please Approve

Bill

These are more names  for European reference credits which Brian intends to
trade offline.  With the exception of two names ( TXU Europe and Helsinga
Energia) the names look OK to me.  (They are all either publicly rated
investment grade names or e - rated 5+ subs of major groups).  Are there any
names here that you have an issue with ?

David
---------------------- Forwarded by David Weekes/LON/ECT on 21/02/2000 15:00
---------------------------
   Eklavya Sareen                16/02/2000 15:15

To: Paul Simons/LON/ECT@ECT, David Weekes/LON/ECT@ECT, Janine
Juggins/LON/ECT@ECT
cc: Martin McDermott/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT, John
Metzler/LON/ECT@ECT, Tomas Valnek/LON/ECT@ECT

Subject: More Refernce Credits - Please Approve

Dear All,

Attached is a list of 49 additional reference credits that we want to quote
on the webpage.
Could you please look through these names and let us know if you approve.

Thanks,

Eklavya
x-36759.


your right...................how's my man..?........did .....You....miss me?


Updates
Jennifer Burns - new cell phone number
Kathy McMahon - new executive committee assistant


Not everything is bad in electricity competition.

Jim

---------------------- Forwarded by James D Steffes/HOU/EES on 08/17/2000
03:08 PM ---------------------------
From: Margo Reyna@ENRON on 08/17/2000 11:26 AM
To: Richard Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES
cc:
Subject: Electric Restructuring: Despite bad name, restructuring benefiting
some areas

I don't know if you have seen this article, but perhaps it can help provide
some ammunition regarding the benefits of restructuring.
---------------------- Forwarded by Margo Reyna/NA/Enron on 08/17/2000 11:24
AM ---------------------------

djcustomclips@djinteractive.com on 08/16/2000 11:13:51 AM
Please respond to nobody@mail1.djnr.com
To: 200144@mailman.enron.com
cc:
Subject: Electric Restructuring: Despite bad name, restructuring benefiting
some areas

Despite bad name, restructuring benefiting some areas

08/14/2000
The Energy Report
(c) Copyright 2000 Pasha Publications, Inc. All Rights Reserved.
The recent problems in San Diego and the media attention surrounding the
power shortages and retail price spikes leads one to believe the problems are
solely the result of restructuring efforts. However, some areas that have
"deregulated" don't regret the decision.
Last week, Pennsylvania Gov. Tom Ridge said that electric competition will
save consumers in his state $3 billion by 2001 and increase productivity,
employment and personal income by 2004. His comments came as a response to a
report recently issued by the state government.
The report, prepared by the state Department of Revenue to measure the impact
of restructuring on state finances, said that forecast reductions in retail
electricity prices will improve the state's economy in several ways.
By 2004, as a direct result of electric competition, the report says:
** The real gross state product will be $1.9 billion, or 0.5%, higher than
the baseline;
** Overall employment will increase by 0.5%, amounting to 36,400 full-time
and part-time jobs, including more than 3,000 manufacturing jobs, nearly
7,000 retail-sector jobs, more than 5,000 construction jobs, nearly 2,700
transportation and public utility jobs, and more than 12,000 service-sector
jobs;
** Nominal personal income will increase by $1.4 billion, or 0.3%;
** The price index will decrease by 0.47%; and,
** The population will increase by 51,400 persons, or 0.4%, as workers move
to the state.
"Pennsylvania's national leadership in electric competition continues to
bring dramatic savings and economic benefits to Pennsylvanians," Ridge said.
"And, according to this new report, those savings and benefits will continue
for some time to come. We expect electric competition will help create more
than 36,000 jobs between 1998 and 2004, and have a major positive impact on
our state's economy. And millions of Pennsylvania families and employers
continue to save money on their electric bills - without even lifting a
finger."
Savings from electric restructuring allow consumers more money to spend and
invest, creating positive multiplier effects on the state economy, Secretary
of Revenue Robert Judge said.
"Our research confirms that while consumers of electricity will realize rate
reductions, there are many other benefits to Pennsylvania through electric
competition," Judge said.
The Public Utility Commission estimates that consumers will save nearly $3
billion by January 2001 due to electric competition.
The report includes an analysis of the effects of restructuring on sales tax
and personal income tax revenue. The 1996 restructuring law required that
deregulation bring no net effect on "immediate" state tax collections, the
report says. Under the law, the Revenue Department must report to governor
and the General Assembly providing information on tax revenues to enable
lawmakers to judge the law's impact on the economy and to decide whether new
laws are necessary to "maintain tax revenue neutrality during the transition
period."
The revenue neutral reconciliation, the adjustment mechanism used to compare
tax revenues collected before restructuring and after restructuring, is
working as intended, the report says.
As required by the law, the Revenue Department will produce two more reports
for the General Assembly and the Governor, one in August 2001 and one in
August 2002.
Like Pennsylvania, some in Ontario say the movement toward a competitive
market for electricity has saved customers upwards of $500 million through
rate reductions.
Even though the Ontario Energy Board (OEB) is currently considering scaling
back or stopping the move to competitive markets, one of the province's
largest utilities, Toronto Hydro-Electric, says local regulators should
recognize the savings from restructuring.
Toronto Hydro says the restructured market is successful because of the
"utility's commitment to fair prices and safe reliable service in the new
competitive electricity market." Since 1993, rates have fallen for all
customer classes, the utility claims.
"We agree whole-heartedly with the need to protect consumers in the new
electricity market," Toronto Hydro Vice President Blair Peberdy said. "As a
municipal electric utility, we've protected consumers to the tune of more
than $500 million through rate reduction strategies for the past seven years.
Our rates are 12.5% below the consumer price index and we have reduced rates
since 1993. That's why we're keen for the province to stay focused on
introducing commercial reforms in the electricity distribution sector. We've
invested millions in preparing for the opening of the new energy marketplace
already and we're ready to go."
The utility warned against further forced rate reductions in light of the
savings they have produced. Toronto Hydro also called for regulators not to
lower prices at the expense of more reliable service.
"Considering the rate freezes and reductions that Toronto Hydro has
implemented since 1993, price minimization should not outweigh other
objectives in the OEB act," the testimony says. "Protect consumers not just
in terms of rates, but also in terms of the quality of electric distribution
services."
The company is also pushing for regulatory action to move along with
competitive reform, not to delay the developing market already in a
transition phase, because it might scare away new participants.
"The government has put a solid foundation in place for the new electricity
market," Peberdy said. "Now is the time to look forward, not back. We're
excited about the potential for new investment, new energy technologies and
new business opportunities for Toronto Hydro, and we are prepared to work
with the OEB to develop options that will help sustain the government's
vision."

Folder Name: Electric Restructuring
Relevance Score on Scale of 100: 79

______________________________________________________________________
To review or revise your folder, visit Dow Jones CustomClips or contact Dow
Jones Customer Service by e-mail at custom.news@bis.dowjones.com or by phone
at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511 or contact
your local sales representative.)
______________________________________________________________________
Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved


I asked people in my group to respond to you.  Let me know if you don't have
anything by tomorrow.

DG


Anthony, please return my calls from yesterday as soon as possible.  We do
not understand why you sent the draft letter which refers to Enron North
America as an Investment Advisor to Enron Credit Inc. as I do not believe
anyone here made such a representation to anyone at Morgan Stanley.  As
indicated in my previous correspondences, Enron Credit Inc., in its own
right, wishes to open an account with Morgan.  We need to know whether you
can help us to do so right away.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693
http://gss.enron.com/


I just got a call from Sheri Thomas with EnronOnline checking on the status
of your reviews.  When each of you has completed the review of your products
can you let me know, so we can sign off on that product.  Sheri is being
pressured by our traders to get this up and is also getting daily calls from
the President of Tradespark.  She would like to have everyone's sign off by
Friday if possible.  Can you let me know whether this will present any
problem.

Thanks!


<<World hunger Override Letter.DOC>>
 Attached for you review is a draft of the World Hunger Override
Letter.
 - World hunger Override Letter.DOC


Neil,

I would like to apologize for the confusion regarding Anshuman.
We have floated a number of possible scenarios regarding his
trip to Houston and there was a lot of confusion
regarding the terms (given that I was talking to Sandeep
every few days).

Currently, we expect Anshuman to come   to Houston for one month
to work on the DPC  project (at Jeff Shankman's request). The lawyers advised
me that we need an L1  visa  for him, irrespective of the duration
of  his stay.

Sorry for the confusion.

Vincent Kaminski
Managing Director - Research
Enron Corp.
1400 Smith Street
Room EB1962
Houston, TX 77002-7361
Phone: (713) 853 3848
Fax  :  (713) 646 2503
E-mail: vkamins@enron.com


Update on Guadalupe Guaranty is as follows:

Per discussion with Dan Hyvl, AEP Corp in Columbus is currently reviewing the attached TIE redlined AEP Guaranty document.

Today, Jeff Hodge is preparing an Enron consent notice which will be sent to Phil and Bryon as soon as available.

I will keep everyone posted as we progress.

-----Original Message-----
From: Phil Schnorbach [mailto:PSchnorbach@tielp.com]
Sent: Thursday, November 29, 2001 5:59 PM
To: djhyvl@aep.com; Coffey Jr., Jim
Cc: GANNAWAY,BYRON
Subject: AEP CORPORATE GUARANTY with marked changes

Gentlemen- We have reviewed the AEP Corpaorate Guaranty and have provided a
redline of the document to reflect our comments.  We were not sure if we
should be dealing with Dan or Jim so we sent it to both.  You can either
call Byron Gannaway at 9972) 628-2751 or Phil Schnorbach at (972) 628-2750
with comments or questions.  We would be happy to wrap this up on Friday if
possible.

Phil Schnorbach


Please find the attached EES Volumetric NYMEX and Basis positions for
8/10/2000.   I expect our position to be about 220 contracts long on Nymex
and <1,758> nominal Basis contracts.  In addition, there are 40 contracts
long for the Mercury portfolio which is not yet included in the Benchmark
report.  You may contact me at x3-5070 if you have any questions.

Thanks,

Monica Hwang


june  2000

bennett  4.689
reheis  4.689
white  4.689

homasote:

feb 2.9375
mar 3.104

lc


Sara,

NEVERMIND!   I just got a voicemail message from Kevin Howard that we do not
need to formalize the internal management accting treatment.

JAG

	James Ginty
	08/31/00 01:44 PM

		 To: Sara Shackleton/HOU/ECT@ECT@ENRON
		 cc: AnnMarie Tiller/Corp/Enron@ENRON, Brent Vasconcellos/Corp/Enron@ENRON,
Kevin Howard/Enron Communications@Enron Communications, Kristina
Mordaunt/Enron Communications@Enron Communications
		 Subject: Re: Draft of Notice and draft of Memorandum of Understanding

Sara -

Please make the following changes to the draft memo to Causey:

1.  First paragraph - change "... Harrier I LLC and Talon I LLC have agreed
to execute a price return swap transaction ("Transaction")...."  to the
following ".... Harrier I LLC executed a price return swap transaction
("Transaction") with Talon I LLC....."

2.  Second paragraph - change "... as to the accounting treatment ..." to the
following ".... as to the internal management accounting treatment...."

3.  Third paragraph - add the following clause to the front of this
sentence,  "For internal management accounting purposes, ..."

4.  Fourth paragraph - change "...no longer requires the accounting treatment
[as to all or part of the Enron shares] provided ..." to the following  "...
no longer desires the internal management accounting allocation of gains or
losses [as to all or part of the _____ shares] provided...."

Kevin -

Should you or John Echols sign the Causey memo?

Regards

JAG

	Sara Shackleton@ECT
	08/30/00 04:51 PM

		 To: Kevin Howard/Enron Communications@Enron Communications, Kristina
Mordaunt/Enron Communications@Enron Communications, James Ginty/Enron
Communications@Enron Communications, AnnMarie Tiller/Corp/Enron@ENRON, Brent
Vasconcellos/Corp/Enron@ENRON
		 cc:
		 Subject: Draft of Notice and draft of Memorandum of Understanding

Attached are drafts of the foregoing items in connection with the equity
swap.  We will revise the swap again in the morning.  Thanks.  Sara


The Dallas -  Oakland game was moved from October 21 to October 7.  The
attached pick sheet now includes that game.


I would like to purchase 2 of the $20 General Admin Tickets fo New Year's
Eve.  Please call me at work 713-345-8274 with info on how to pick them up.

Thank You,

Errol L. McLaughlin
Enron, NA
Lead - Nat ural Gas Financial Trading Risk Mgmt
713-345-8274 wk
713-305-1502 cell
713-707-1353 pgr


I'll leave that up to you.  We can make faces and pass notes if you come
over, but I suppose that isn't essential to the transaction.

"Keffer, John" <JKeffer@KSLAW.com> on 03/27/2001 08:41:12 AM
To: "'Kay.Mann@enron.com'" <Kay.Mann@enron.com>, "Reuter, Marisa"
<MReuter@KSLAW.com>
cc:

Subject: RE: Conference call/NorthWestern

I can't wait-shall we come over?

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Tuesday, March 27, 2001 8:23 AM
To: jkeffer@kslaw.com; mreuter@kslaw.com
Subject: Conference call/NorthWestern

Good morning,

How about 130 today for a conference call with John's new best friend?

ckm

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


1)  In Nancy's absence, I'd thought I'd keep the
interesting-quotes-sharing-practice alive.  This one's from John Waters in
the NYT:

"Show me a kid who's not sneaking into R-rated movies and I'll show you
a failure.  All the future CEO's of this country are sneaking into
R-rated movies."

2) Cameron, you are a football pool GENIUS!


Toni:  I would be happy to interview thses candidates.  I also have a couple
of people that I am already familiar with who I would like to bring in.  What
do I need to do to make this happen?  Thanks.


Zou,

Hello, I hope you had a good flight back to Texas.  Thank you very much for your visit to the Denver location - I found it very informative.

I faxed over travel profiles to your office for the Enron North America, Denver employees.  I am now requesting the right to make travel using "ClickTrip" on behalf of the employees in our office:  Mark Whitt, Paul Lucci, Theresa Staab, and Tyrell Harrison.  Please set me, Heidi DuBose, up as their travel arranger.

Thank you again for the meeting,

Sincerely,
Heidi DuBose

Heidi DuBose
Enron North America
303.575.6470 (ph)
303.534.0552 (fx)


Gerald,

I booked the reservation below through my Frito-Lay travel agency.  I think I
can probably book you another room at the same rate if you'd like.  This is
for
the Marriott Capital for $129 a night.  The Sheraton rooms would have been
$125
but they were sold out.  The Marriott is actually closer to the reception (2
blocks) than the Sheraton, so we'll be able to walk over.

Let me know and I'll try to get another room.

Ern
---------------------- Forwarded by Ernie J Zavaleta/Frito-Lay/US on
02/20/2001
02:57 PM ---------------------------

Mary Ramsey <maryramsey@tramex.com>
02/20/2001 02:55 PM

To:   Ernie J Zavaleta/Frito-Lay/US@Frito-Lay
cc:
Subject:  HOTEL RESERVATIONS IN AUSTIN

 SALES PERSON: 84                  ITINERARY                    DATE: 20 FEB
01
 CUSTOMER NBR: 1P0396                           XFIONO          PAGE: 01

        TO: FRITO LAY / PEPSI
            ERNIE ZAVALETA
            100 GLENBOROUGH DT
            SUITE 1200
            HOUSTON TX 77067

 FOR: ZAVALETA/ERNIE          REF: FRIT-0046000

 HOTEL
 03MAR   AUSTIN            MARRIOTT HOTELS
  SAT                      MARRIOTT AUSTIN CAPITAL
                           701 EAST 11TH STREET
                           AUSTIN TX 78701
                           FONE 512-478-1111
                           FAX  512-478-3700
                           1 NIGHT       1 ROOM       OUT-04MAR
                           LEISURE RATE
                           RATE-129.00USD PER NIGHT
                           CANCEL BY 06P DAY OF ARRIVAL
                           GUARANTEED LATE ARRIVAL
                           CONFIRMATION 82747164
                           RQST KING BED NON SMOKING

 OTHER
 03JUN   AUSTIN
  SUN                      THA NK YOU FOR CALLING TRAMEX TRAVEL-MARY

 .
 ---------------------  IMPORTANT ----------------------
   AIRLINE SECURITY REQUEST A 60 MINUTES FOR CHECK-IN.
   GOVERNMENT ISSUED PHOTO ID IS REQUIRED BY AIRLINE.
 -------------------------------------------------------
 ----------------- ITINERARY COMMENTS ------------------
 AIRFARES ARE PER PERSON AND SUBJ. TO CHANGE UNTIL TKT/D
    PLEASE REVIEW ITINERARY IMMEDIATELY UPON RECEIPT
 IF YOU HAVE QUESTIONS, CONTACT THE LEISURE TRAVEL
 DEPARTMENT BY EMAIL OR PHONE --
 972-334-5055 OR 800-776-8009, MON-FRI 8A-5P CST, OR
 CONTACT YOUR AIRLINE DIRECT FOR EMERGENCY ASSISTANCE.
 -------------------------------------------------------

Mary Ramsey, CTA
Tramex Travel Leisure Department
972-334-5421 800-776-8009
maryramsey@tramex.com


Just wanted to catch you up on the events over the past week....and a couple
of things I want to talk to you about next week

REPORTING:
It has been a continual challenge as you well know.  The good news is the
individual from EES (Chris Luttrell) accepted Jay's offer today and he is
going to start on March 3.
That said, I talked to Chris today and filled him in on where we are and what
we want to accomplish.  He feels our best option will be Oracle.
To ensure we are prepared for his arrival next Monday, we are preparing the
detail of what we are doing today, both our assumptions and all of the
various data sources for our current management reporting
Also, Dave and I met with Wanda and Georgeanne on Tuesday regarding revenue.
I believe Dave sent you an update of this meeting.  We are meeting with
Georgeanne today to go over our assumptions, conversions, etc. to ensure that
we are consistent with those conversations in the annual report, and to
ensure that we are capturing all of the Enron data
Customer database - we have been fine tuning this all week, and I think we
are about there.  There are still some minor differences, but we are working
to sort through these today (everyone is involved in the tie out).  I will
review the new report format with you on Monday and we will start sending
this out then.
We also have an Access person that is working on improving our current
database since we will have to live with this in the short term.

TRADING ACTIVITY:
It seems that we are seeing an increase in customers wanting to modify EOL
deals for various reasons (one being Web latency...they are claiming that the
deal did not show up on their transaction summary, so they thought it did not
go through, and they did another deal...and this first deal appeared sometime
later).  We have continued to emphasize the importance of not changing these
deals after they are completed, but despite this, it is still happening.  I
am going to try and track down Jeff Shankman this afternoon to discuss.
We are also seeing more and more customers trading under the wrong
entities...for example, Aquila Risk Mgmt is executing physical deals, when
they should be only executing financial deals.  From my understanding, we
have "left the door open" for them to trade either way and are relying on
them to trade under the correct counterparty.  This is causing several
problems downstream..for instance, customers are wanting ENA to send modified
invoices with the name of the correct counterparty (despite the fact that
they were the ones transacting under the wrong entity).   We need to discuss
how leaving this door open affects our downstream processes.

OTHER:
I talked to both Dave and Bob yesterday to ensure that we were in the loop on
new products, etc. to ensure that we are better prepared for the launch of
new products (e.g. Credit Derivatives).
Help desk news...Matt M. accepted a position with the Remedy development
team.  We are going to move Noel (he works nights) to the day shift to take
over Matt's role.  Donna assures me that he is very good.  Sandy Rivas also
wants to leave the group.  We should be able to handle the volume of calls
without replacing them.  I need to go over some call statistics with you next
week.  We have not received one phone call from a customer on the weekends,
and we receive less than .1 calls per hour between the hours of  7pm to
midnight.  I think we can get away with eliminating weekends, and using on
call pagers from 7 to midnight.
One question - we currently are considering EES an external counterparty and
Enron Canada an internal counterparty.  We are now trading with Bridgeline
Gas Marketing (joint venture with Texaco - 40% ownership).  We need to
determine what we are considering internal vs external.   I would think these
would be external due to the fact that these are settled transactions...  any
thoughts?

I know this is a lot of info, but I also know you are going to be in high
demand on Monday!

I hope you are enjoying your ski trip!!!

Sheri


Sara - Please let me know if you are going to be ok in all the upheaval and
if you will ever agree to see me? (those are 2 separate inquiries).   Sam


My apologies attachment was not included with the original e-mail.

	From:  Jeffrey Keeler                           03/31/2000 10:40 AM

To: J Mark Metts/NA/Enron@Enron
cc: Steven J Kean/HOU/EES@EES, Lou Potempa/Corp/Enron@ENRON, Stanley
Horton/Corp/Enron@Enron, James Prentice/GPGFIN/Enron@ENRON, Michael
Terraso/OTS/Enron@ENRON

Subject: MTBE Stranded Costs/Liability Protection Efforts

Mark:

Steve Kean asked me to prepare the attached memo on our MTBE Stranded Cost &
Liability Protection legislative efforts to provide some general background,
discuss some of the potential effects of the language on a sale of the MTBE
asset, and provide some outlook on the chances for enactment of these
provisions.

If you have questions or require additional information, please contact me at
any time.

Thanks,

Jeff Keeler
Director, Environmental Strategies
Enron Corp, Environment, Health & Safety
Washington, D.C.
(202) 466-9157


Hey Greg,

Please forward to Ms. Bobbi.

Thank you


I think that this transaction is called "Project Moosehead".  I have a
meeting on it this morning.  Please comment to the draft I sent to you
yesterday.  I don't know if the structure works.  I couldn't decide upon the
format; it also looks like a cap.  Thanks.  SS


well, while waiting for Scott to call me back...(he went across the street to the Cap)
this is where I found it on the Senate website --

http://www.sen.ca.gov/ftp/sen/committee/NEW_3191.htm

...then you click "audio" and it should load!


any thoughts?
----- Forwarded by Jeffrey A Shankman/HOU/ECT on 02/08/2001 02:47 PM -----

	Jeffrey A Shankman
	02/07/2001 08:30 AM

		 To: Joseph P Hirl/AP/ENRON, Thor Lien/OSL/ECT, Paul Quilkey/ENRON_DEVELOPMENT
		 cc: Mark Tawney/HOU/ECT
		 bcc:
		 Subject:

As Mike and I look across all of our business units, we continue to look for
optimal organizational structures that will enable each business unit to
achieve it's targets for  2001 and beyond.  In our weather business, there
appears to be a lack of seamlessness.  Reporting relationships, P&L, and
vision for this business are not best alligned as this business exists
today.

Mike and I would like to address this as follows:  all employees in the
weather business will now become full time employees of EGM and report to
Mark Tawney.  We need 100% full time dedication from each of these employees
in the weather business.  Accordingly Mark and I will be looking at, with
each of you, the employees that may be affected by this transition.  It is
important that both business units work together to determine which
individuals will be in Weather, or  will be in EEL.  Once done, Mark will
begin adding to the weather team in each of your regions.   It is obvious
that the organizations and product lines can lever each other and the
synergies will provide powerful results in our regional gas and power
businesses in particular.

If you look at coal, lng, equities, etc, we have employees based in each of
your regions who report back into the appropriate business unit within EGM.
This restructure will similarly align weather.


In follow-up to my earlier e-mail, here is the agenda for today's 1:30 joint defense conference call.  I will report after it concludes.

Britt

-----Original Message-----
From: Pakalka, William [mailto:wpakalka@fulbright.com]
Sent: Tuesday, November 27, 2001 8:17 AM
To: ' Malone, Tom'; 'Beatty, Michael L.'; 'Canales, Tony'; 'Ceramella,
Michael'; Chadha, Jayash; 'Dalrymple, Dwight'; 'Davis, Britt'; Dykes,
Jeff; 'Fogler, Murray J.'; 'Heydt, Michael'; 'Honeycutt, David';
'Hunsaker, Barry'; Leggette, Poe; 'Mathis, Shirley Hale'; McClure,
Daniel; 'Noone, Michael'; Pakalka, William; Taylor, Jasper; 'Williams,
Michael L.'; 'Williams, Steve P.'; Wood, William
Subject: Proposed Agenda for this afternoon's Joint Defense
ConferenceCal l

The dial-in number is 888-490-6954 and the passcode is 7946084 for the call
scheduled for this afternoon at 1:30 p.m. (Central).
=========================================================

1. Report on requests for plaintiffs to non-suit particular defendants

2. Discussion of possible venue motions (Britt Davis)

	-possibly available for corporations that do not measure gas or pay
	 taxes in Zapata County (everyone needs to categorize their own
clients)
	-CPRC $ 15.005 ("Multiple Defendants") controls
	-Plaintiffs have not invoked mandatory venue for "tax suits"
	-must be filed with answer
	-is better practice to verify any such motions?
	-include motions to sever?
	-should any motions be barebones, without briefs and without setting
a hearing?

3. Report from Laredo attorneys on investigation of County and ISD records
re hiring RSM

4. Discussion of possible motion for Plaintiffs' attorneys to show authority

	-might give good ground for resisting early discovery
	-must be verified
	-should all defendants join in one motion, with one of the Laredoa
attorneys
	 signing everyone's name by permission and doing one verification
	-should any motion be barebones, without brief and without setting a
hearing?

5. Discussion of pleas to the jurisdiction and answers [DUE WEDNESDAY,
DECEMBER 5]

	-each group of defendants should do its own plea, and subject
	 thereto, its answer
	-most recent Texas Supreme Court case in point makes clear
	 a plea to the jurisdicition is the proper vehicle; everyone may
want
	 to add a citation in their papers to Bland ISD v. Blue, 34 S.W.3d
547

6. Other topics

7. Schedule next joint defense conference call

cc (via fax): Lazaro Garza-Gongora