Thank you, and congratulations!. Jim

 -----Original Message-----
From: 	Mellencamp, Lisa  
Sent:	Tuesday, April 24, 2001 9:54 AM
To:	Derrick Jr., James; Haedicke, Mark; Sanders, Richard
Cc:	Brownfeld, Gail
Subject:	industrial holdings investment-- arbitration proceeding

the arbitration proceeding filed with respect to this ena investment (which andrews and kurth filed for us), has been settled quickly in our favor with gail's assistance. this is the matter which we felt would not get actually litigated in the context of selection of counsel and wanted to confirm back this was the case.

Lisa J. Mellencamp
Enron North America Corp. - Legal
1400 Smith St.
Houston, TX  77002
Tel:  (713) 853-7986
Fax: (713) 646-3393
E-mail:  Lisa.Mellencamp@enron.com