Hi, Vince,

How are you doing? Please see attached the documents regarding one Total 
Return Swap deal in Europe, just for reference.

Li
---------------------- Forwarded by Li Sun/NA/Enron on 12/12/2000 09:31 AM 
---------------------------


Phillip D Lord@ECT
12/11/2000 10:31 AM
To: Li Sun/NA/Enron@Enron
cc:  

Subject: Teeside/Riverside

Li, attached are some summaries prepared by the EGF team on all the Riverside 
(TPL) financing transactions.  The only ones still outstanding are Riverside 
3 (refinanced in Riverside 6 and 8) and Riverside 5 (refinanced in Riverside 
9).  Riverside 4, which was refinanced in Riverside 7 and 10 is now 
collapsed, as EEL has loaned money to EEP6 to repay its third-party debt.  
Concurrent with that transaction, the Enron guarantee went away.  The only 
one of these deals with a total return swap is Riverside 5.  The others 
include only an Enron guarantee of the SPE's debt.

This is very summarized, but gives a pretty good synopsis of the deal facts.  
Hector Godoy, in Risk Management should be able to get you copies of the 
financial models used for each entity in these deals.

Phillip
---------------------- Forwarded by Phillip D Lord/LON/ECT on 11/12/2000 
16:25 ---------------------------


Philippe Penet
14/11/2000 15:43
To: Phillip D Lord/LON/ECT@ECT
cc:  

Subject: Teeside/Riverside

Philip,

Let me know if OK

Phil


---------------------- Forwarded by Philippe Penet/LON/ECT on 14/11/2000 
15:46 ---------------------------


Zuzana Strmenova
02/03/2000 09:05
To: Philippe Penet/LON/ECT@ECT
cc:  

Subject: Teeside/Riverside

Philippe,
here are the updated summaries.  Please, take a look at them and comment.


I have a meeting in the morning until 11am.  I'll talk to you before or after 
lunch.

Zuzka
---------------------- Forwarded by Philippe Penet/LON/ECT on 14/11/2000 
15:46 ---------------------------


Zuzana Strmenova
03/03/2000 16:12
To: Stephane Buemi/LON/ECT@ECT
cc: Philippe Penet/LON/ECT@ECT 

Subject: Riverside Gain Summary


I am done (finally!) with all the Riverside.  
Philippe, get back to me on the River 6.  Here is the gain summary and all 
the write-ups.


Any comments...?
thanks,
Zuzka