FYI

 -----Original Message-----
From: 	Saunders, James  
Sent:	Wednesday, October 31, 2001 6:32 PM
To:	Saunders, James; Chandler, Bob; Cobb Jr., John; Sutton, Lisa; Wiederholt, Patricia; Jolibois, Anne; Bayles, Timothy; Carriere, Frank; Studzinski, Betty; Elizondo, Rudolph; Walters Jr., Harry; Zahn, Gary; McEllin, David; Fancler, Dan; Lev, Jennifer; Strohmeyer, Vincent; Howard, Kevin A.; Walden, Clint; Butts, Bob; Hayslett, Rod; 'roger.d.willard@us.arthurandersen.com'; 'heather.l.mueck@us.arthurandersen.com'
Subject:	TW, NNG financings - Andersen Review 

status - interim 3rd qt to date TW and NNG noteholder reports (w/o notes) have been provided to Andersen.
Andersen is developing detailed "pbc", other requirements listing.

 -----Original Message-----
From: 	Saunders, James  
Sent:	Wednesday, October 31, 2001 8:20 AM
To:	Chandler, Bob; Cobb Jr., John; Sutton, Lisa; Wiederholt, Patricia; Jolibois, Anne
Cc:	Bayles, Timothy; Carriere, Frank; Studzinski, Betty; Elizondo, Rudolph; Walters Jr., Harry; Zahn, Gary; McEllin, David; Fancler, Dan; Lev, Jennifer; Strohmeyer, Vincent; Howard, Kevin A.; Walden, Clint; Butts, Bob; Hayslett, Rod; Saunders, James
Subject:	Andersen Review
Importance:	High


As part of the recent pipeline financings, Andersen will be performing "comfort" tests and preparing a review report. This may entail
"pbc" preparation in ETS Acctg.  I have been designated the ETS Acctg. "point" person, so hopefully "pbc's" will be coordinated
systematically. I do NOT know the volume of data required, but please make every effort to quickly compile, review and submit requested data.  More to follow...

Patty, I do NOT think your NBP team will be impacted.