Chris Calger
503-464-3735


FYI
-----Original Message-----
From: Jon Cartwright [mailto:JCartwright@FI.RJF.com]
Sent: Friday, August 24, 2001 1:23 PM
To: 'RJF Energy-Gram (E-mail)'
Subject: POWER: California Department of Water Resources -- Fitch
Teleconference: 24 Aug 2001 8:29 AM


Fitch-NY-August 24, 2001: 

On Wednesday, August 29 at 3 p.m. (EDT), Fitch will host a teleconference to
address frequently asked questions about the legal structure and
creditworthiness of the California Department of Water Resource's (DWR)
Power Fund. 

In addition, the teleconference will address any issues related to pending
matters at the California Public Utilities Commission that could affect the
ability of the DWR Power Fund to issue bonds. Fitch analysts Donna DiDonato
and Steven Fetter will host the call. 

Participants in the U.S. and Canada should call 1-888-542-8839 five minutes
prior to the 3 p.m. (EDT) start time. International participants should call
1-706-634-1731. The identification number for the call is 1673543
(California Department of Water Resources). 

A replay of the teleconference will be available two hours after the
conclusion of the call until 5 p.m. on Sept. 5, 2001. To access the replay,
participants in the U.S. or Canada should call 1-800-642-1687 while
international participants should call 1-706-645-9291. 

Contact: Donna DiDonato 1-212-908-0637 or Steven Fetter 1-212- 908-0555, New
York. 

Media Relations: James Jockle-212-908-0547, New York.