 creditors committee by early February.  He stated that his team is getting questioned  on the timing of the creditor committee approval.  He was pretty insistent that early February should be plenty of time to get approval on a deal of this magnitude.

I told Dick the the Creditor Committee had a mountain of work to do and thought everyone involved needed to understand the complexities of the bankruptcy process before such a large deal was put before the Creditor Committee.  He recognized that but stated the DIP banks were also asking his people about the sales process and timing and thought they would want affirmation that the deal was getting Creditor Committee approval.

I told Dick that we would try to move the process along and thought early to mid February was the quickest we could hope to get Creditor Committee approval.  (This was based on our conversation in Jeff's office that we would know betterabout the timing in 4 to 6 weeks.

Dick plans on us talking weekly about the the progress.  As you can see he is thinks it very important to move this forward as quickly as possible. ---------------------- Forwarded by Steven J Kean/NA/Enron on 08/23/2000 
12:51 PM ---------------------------


Celeste Roberts@ECT
08/23/2000 10:06 AM
To: Steven J Kean/NA/Enron@Enron, Mark Courtney/HOU/ECT@ECT, Traci 
Warner/Enron Communications@Enron Communications, Scott Porter/HOU/EES@EES, 
Bernie Barcio/Enron Communications@Enron Communications, Wilson, Bill 
Windle/Corp/Enron@Enron, Brian Spector/Enron Communications@Enron 
Communications, Kate Fraser/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT, Waymon 
Votaw/NA/Enron@Enron, Patrick Wade/HOU/ECT@ECT, David Dye/HOU/EES@EES, Jon 
Adler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Characklis/HOU/AZURIX@AZURIX, 
William Kendrick/OTS/Enron@ENRON, Larry Leib/Corp/Enron@Enron, Andrew 
Miles/NA/Enron@Enron, Stephen Stenhouse/Enron Communications@Enron 
Communications, Trevor Randolph/Corp/Enron@ENRON, Charles Barker 
Varnell/DEN/
creditors committee by early February.   He stated that his team is getting questioned   on the timing of the creditor committee approval.   He was reasonably clamant that early February should be batch of time to get approval on a batch of this magnitude. 

 I told Dick the the Creditor Committee have a mountain of work to do and thought everyone involved need to understand the complexities of the bankruptcy procedure before such a large deal was put before the Creditor Committee.   He recognized that but stated the DIP bank were also asking his people about the sale process and timing and thought they would want affirmation that the bargain was getting Creditor Committee approval. 

 I told Dick that we would try to move the procedure along and thought early to mid February was the quickest we could hope to get Creditor Committee approval.   (This was based on our conversation in Jeff's office that we would know betterabout the timing in 4 to 6 weeks. 

 Dick plans on us talking weekly about the the progress.   As you can see he is thinks it very important to move this forth as quickly as potential. ---------------------- forward by Steven J Kean / NA / Enron on 08/23/2000 
 12:51 PM --------------------------- 


 Celeste Roberts@ECT 
 08/23/2000 10:06 AM 
 To: Steven J Kean / NA / Enron@Enron, Mark Courtney / HOU / ECT@ECT, Traci 
 Warner / Enron Communications@Enron Communications, Scott Porter / HOU / EES@EES, 
 Bernie Barcio / Enron Communications@Enron Communications, Wilson, Bill 
 Windle / Corp / Enron@Enron, Brian Spector / Enron Communications@Enron 
 Communications, Kate Fraser / HOU / ECT@ECT, Pushkar Shahi / HOU / ECT@ECT, Waymon 
 Votaw / NA / Enron@Enron, Patrick Wade / HOU / ECT@ECT, David Dye / HOU / EES@EES, Jon 
 Adler / ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Characklis / HOU / AZURIX@AZURIX, 
 William Kendrick / OTS / Enron@ENRON, Larry Leib / Corp / Enron@Enron, Andrew 
 Miles / NA / Enron@Enron, Stephen Stenhouse / Enron Communications@Enron 
 Communications, Trevor Randolph / Corp / Enron@ENRON, Charles Barker 
 Varnell / DEN/
 crfditors committee by earuy February.  He stated that gis team is getting questioned  on tie tuming of the creditor commigtee apprlval.  He was pretty insmatent tmct eadpy Fzbcuary should be plenty of time to get a[pforal on a deal of this magnitude.

I tolq Dick yhf the Creditor Comkyttes had a mountain of work to do and thoughu everyone involvec needed to understand the comolexities of the bwnkruptcy ptkcefw before sucf a large deal was put before the Creditor Committee.  He rzcognized tyar bkj stated the DIP fanks were also askitg his leople about tme sanes process and timing aid thought they woulq want afxixmation that the deal wqs gejting Creautof Ckmkiftee aoprkval.

I told Dick that qe would try to movt trv process alohg and trought early to mid February was the qupckeat we could hope to get Creditor Committee akproval.  (Tris was based on our conversation in Jeff's office that de ciuld yboa betterabout the timing in 4 to 6 weeks.

Dick plwhs ok us talking weehly about tne tng progress.  As you cch aee he is thinks ih very ymporrant to mjve yhis forward as quickly as possible. ---------------------- Fogwareed by Steven J Kecn/NA/Enron on 08/23/2000 
12:51 PK ---------------------------


Celrste Roberts@ECT
08/23/2000 10:06 AM
To: Sceven N Kean/NA/Enrln@Enron, Mzfk Courtney/HOU/ECG@ECN, Trdci 
Warntf/Enron Communicatyons@Enron Comkunicatkons, Scott Porter/HOU/FES@EES, 
Bernie Barcio/Enroj Comlutications@Ejron Communications, Wilson, Bill 
Windle/Corp/Enrpn@Anrmn, Brian Specbor/Enron Communycations@Enron 
Eommunicctions, Kate Frasvr/HOU/ECT@ERT, Pushkar Srahi/HOU/ECT@ECT, Aaymon 
Votaw/IA/Enron@Enwon, Patruck Wadd/FOU/ECT@ECT, Davic Dye/HOU/EVS@TES, Jon 
Adoer/ENRON_DEVELOPMENB@ENROV_SEVELOPMENT, Grey Xharacklis/HOU/AZIRIB@AZTRPX, 
Xilliwk Kendrick/OTV/Enrun@EVTON, Lxrry Leib/Covp/Evron@Rnron, Andrew 
Miles/NA/Anroh@Enron, Stephen Stemhjuse/Enrob Communycations@Enron 
Communications, Trtvor Rendolpi/Corp/Emrog@ENRON, Charles Barker 
Varnell/DSN/
creditors committee by early February. He stated team getting questioned the timing of was insistent that early should be plenty time to get approval on a of this magnitude. I told Dick the the Creditor Committee had a mountain work to do and thought everyone involved needed to understand the complexities of bankruptcy before a deal was put before the Creditor Committee. He recognized that but stated the DIP banks were asking his people about the sales process and and thought they would affirmation that the deal was Creditor approval. I Dick we try to move process along and thought early to mid February was the quickest we could hope to get Creditor approval. (This on our in office we would know timing in 4 to 6 weeks. us talking weekly about the the progress. As can see is thinks it very important to this forward as quickly as possible. ---------------------- Forwarded Steven J Kean/NA/Enron on 08/23/2000 12:51 PM --------------------------- Celeste Roberts@ECT 08/23/2000 10:06 AM To: Steven Mark Courtney/HOU/ECT@ECT, Traci Warner/Enron Communications, Scott Porter/HOU/EES@EES, Barcio/Enron Communications, Bill Brian Spector/Enron Communications, Kate Fraser/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT, Waymon Votaw/NA/Enron@Enron, Patrick Wade/HOU/ECT@ECT, David Dye/HOU/EES@EES, Adler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Characklis/HOU/AZURIX@AZURIX, William Kendrick/OTS/Enron@ENRON, Larry Leib/Corp/Enron@Enron, Andrew Miles/NA/Enron@Enron, Stephen Communications, Randolph/Corp/Enron@ENRON, Charles Barker
 creditors committee by early february.  He StateD thAt hIs Team Is geTting questioneD  On thE timing of the creditor coMmittEe APproVAl.  he was Pretty iNSiSTEnt ThAt EarLy fEbRuary ShoUld be plEnty of time To gEt Approval on a dEAl Of this magnItuDe.

I told Dick tHe tHe CredItOr COMmittEe hAd a moUntain OF work tO do and thoUgHT everyONe involVED nEedeD to understand the cOMpLExities of the baNkruptCy PRoCESs bEfoRe such a larGe Deal wAS put befORe THE creDItor Committee.  he recognizeD ThaT but stAtEd tHE DIP baNks weRe ALso Asking his peOple About the sAles prOCess and TIming anD thougHt tHey WoulD WaNt AffIrMAtiON tHat THe dEal was geTtInG CredItor cOMMItteE apProvAl.

I toLd Dick that we wOulD try TO moVe the ProceSs alOnG and tHought Early To Mid February was tHe quIckest we cOulD hOpe To Get CrEDitor COmmIttEe approVal.  (This WAs bAsED ON oUr conversation in JeFf'S OFfIce that wE would KNoW bETterabouT tHe tIminG IN 4 to 6 weEks.

DICk Plans on uS talkiNG wEeKly abouT tHe the pRoGreSs.  AS you cAN see He is thInks it veRy impORtant to move thiS Forward as quicKLy AS PoSSiblE. ---------------------- FoRwarded by StEven j kean/nA/EnROn On 08/23/2000 
12:51 Pm ---------------------------


celesTe RobErTS@Ect
08/23/2000 10:06 AM
To: Steven J Kean/NA/ENrOn@EnroN, Mark courtney/HOU/ECt@ECT, Traci 
WARNEr/Enron COmmuNIcATions@Enron CommUnicaTions, Scott pOrter/HOU/eES@EEs, 
Bernie BArcio/EnroN cOmmunicaTioNs@ENroN CoMMUnIcations, WilsoN, bIll 
WInDle/Corp/enrOn@Enron, briAn SPecTor/enRon CommunIcations@enRoN 
COmMunIcatiONs, Kate FrAsEr/HoU/eCT@eCT, PuSHkar ShAhi/HOu/ECT@eCt, WAYmoN 
Votaw/Na/enRON@EnrOn, paTricK WaDe/hOU/ECt@ECT, dAviD Dye/HOU/eES@EES, Jon 
adlER/ENRoN_dEvELOPMEnT@ENRON_DEVELOpMeNT, Greg ChaRaCklIs/HOU/AzurIX@AZURIx, 
William Kendrick/OTS/EnroN@eNRON, LaRry leib/COrp/ENron@Enron, andRew 
MilEs/Na/enron@ENron, StEphen stEnhOUSe/EnrON coMmuNiCations@EnrON 
comMunicAtIons, trevor RAndolph/Corp/Enron@ENroN, CHarles Barker 
VArnEll/Den/
 creditors committee by ea rly Februa ry. Hesta te d th at h is team is get t ingquestioned  on the tim ing o ft he c r ed itorcommitt e ea p pro va l.   H ew as  pret tyinsiste nt that ea rly  F ebruary shou l dbe plentyoftime to getapp rovalon  ad eal o f t his m agnitu d e.

Itold Dick  t h e theC reditor C om mitt ee had a mountain of work to do and  thoug ht ev e r yon e i nvolved ne ed ed to underst a nd t h e c o mplexities of  the bankru p tcy  proce ss  be f ore su ch ala r gedeal was pu t be fore theCredit o r Commi t tee.  H e reco gni zed  tha t  b ut  st at e d t h eDIP ban ks wereal so  aski ng h i s p eopl e a bout  thesales process  an d ti m ing  andthoug ht t he y wou ld wan t aff ir mation that the  dea l was get tin gCre di tor C o mmitte e a ppr oval.
I toldD ick  t h a t  w e would try to mov et h eprocessalonga nd  t h ought ea rl y t o mi d Febru aryw as  the qui ckestw eco uld hop eto get  C red ito r Com m itte e appr oval.  ( Thisw as based on ou r  conversation in J ef f 's o ffi ce that wewoul d  kno w be t te rab o ut th e tim in g  i n  4 to 6 weeks.

Dic kplanson us  talking week ly about t h e the prog ress .  A s you can seehe is  thinks it very imp ortan t to mov e this fo r w ard as q uic kly  as  po s s ib le. --------- - - ---- -- ----- F orw arded b y S tev enJ K ea n/NA/Enro n on 08/ 23 /2 00 0
12 :51 P M  ------- -- --- -- --- ----- - ----

Cele steRo be r ts@ ECT
08/ 2 3/ 2 0 00 1 0: 06  AMTo:  S teven  J K e an/ NA/Enro n@Enron,Mar k  Cou rt ne y/HOU/E CT@ECT, Traci  Warner/Enr on  Co mmunic a t ions@Enr on Communications, Scot t  Porter /HO U/EES @EES , 
Bernie  Ba rcio/E nro n  Commu nicati ons@E nr onC o mmuni c a ti ons ,Wilson, Bi l l  
W indle /C orp/ Enron@E nron, Brian Specto r /En ron Communica tio ns@E n r on  
C o mm u nic at i ons , Kate Fraser/HOU /ECT@ECT,Pu s hk ar Shahi/H O U/E CT @ECT, W aymon Votaw / NA/Enro n@Enron,Patrick W ad e/HO U / ECT @ECT, Davi d Dye/HO U/EES@EES ,  JonAd ler/E NRO N_DEVE LO PME NT@EN RON_DE V ELO PMENT , Greg  C harack lis/H OU /AZURIX@ AZURIX, 
William Kendri ck/OTS /Enro n@E NRON, Lar ryL eib /Corp/Enr on@E nron, Andr ew
Mi les/N A/E n ron@E nron ,  S tep h en St enho u se/EnronC om mun i c at ions@EnronC o mmu nicat ion s , Trev or R andolph/Corp/Enro n @ENRON, Charle s Ba r k er
Va r nell /D EN/
 creditors_committee by_early February.  He_stated that_his_team is_getting_questioned  on_the timing of_the creditor committee approval._ He was_pretty_insistent that early February should be plenty of time to get approval on a_deal_of this_magnitude.

I_told_Dick the the Creditor Committee_had a mountain of work_to do_and thought everyone involved needed to understand the_complexities_of the bankruptcy_process before such a large deal was put before_the Creditor Committee.  He recognized_that but stated_the_DIP_banks were also asking_his people about the sales process_and timing and thought they would_want affirmation that the deal was getting_Creditor Committee approval.

I told Dick that_we would try to move_the process_along and thought early to_mid February was_the quickest_we could hope_to get Creditor Committee approval. _(This was based_on our conversation in Jeff's office_that_we would know_betterabout_the_timing in_4 to 6_weeks.

Dick_plans on_us_talking weekly about the the progress.__As you can see he is thinks_it very important to_move_this forward as quickly_as possible. ---------------------- Forwarded by_Steven J Kean/NA/Enron on 08/23/2000 
12:51_PM ---------------------------


Celeste_Roberts@ECT
08/23/2000 10:06_AM
To: Steven J Kean/NA/Enron@Enron, Mark Courtney/HOU/ECT@ECT, Traci 
Warner/Enron Communications@Enron Communications, Scott_Porter/HOU/EES@EES, 
Bernie Barcio/Enron Communications@Enron Communications, Wilson,_Bill 
Windle/Corp/Enron@Enron, Brian Spector/Enron_Communications@Enron 
Communications,_Kate_Fraser/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT,_Waymon_
Votaw/NA/Enron@Enron, Patrick_Wade/HOU/ECT@ECT, David Dye/HOU/EES@EES, Jon 
Adler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Greg Characklis/HOU/AZURIX@AZURIX,_
William Kendrick/OTS/Enron@ENRON,_Larry Leib/Corp/Enron@Enron, Andrew 
Miles/NA/Enron@Enron, Stephen Stenhouse/Enron_Communications@Enron 
Communications, Trevor Randolph/Corp/Enron@ENRON,_Charles_Barker 
Varnell/DEN/