Jim - An update on the Owenreagh Power Partners letter that you received and forwarded to me for handling.  It appears from the below emails that it is a problem getting an auditor to prepare the accounts.  However I was informed that the file date has been extended to 12/31.  The following message re the file date is from Debbie Pritt: 

"FYI - I just spoke with Janet of Companies House and verified with her that the Form 233 I submitted is to extend the 2001 filing date from 10/31 to 12/31.  She indicated that this 14 month filing period will be approved and that all subsequent filings will be for the period ended 12/31."

I'll keep you informed as I hear more info.

KC



Kate B. Cole
Director, Corporate Services
Enron Corp.
Tel: (713) 853-1624
Fax: (713) 646-8007
Email: kate.cole@enron.com


-----Original Message-----
From: Pritt, Deborah 
Sent: 27 November, 2001 9:46 AM
To: Kelly, Sue; Wood, Christopher; Buckley, Cindy; Cole, Kate
Cc: Gunther, Dave; Aird, Gordon; Newell, Eric; Badger, Dan; Westbeld,
Mike
Subject: FW: Enron


Well, Gordon and I are certainly stunned!  D&T has refused to do the audit.  Gordon knows a UK Chartered Accountant located here in Houston so he is trying to contact him.  We are exploring any options at this time.

Debbie

Debbie Pritt
Senior Accounting Specialist
Enron Wind
Phone: (713) 345-6509
Fax:    (713) 646-7197


-----Original Message-----
From: Sharma, Sanjay (UK - London) [mailto:sasharma@deloitte.co.uk]
Sent: Tuesday, November 27, 2001 9:08 AM
To: Pritt, Deborah; Aird, Gordon
Cc: Hamilton, Ian (UK - London); Cheshire, Joe (UK - London)
Subject: FW: Enron




>  -----Original Message-----
> From: 	Turner, Mike (UK - London)  
> Sent:	27 November 2001 14:54
> To:	Sharma, Sanjay (UK - London)
> Subject:	Enron
> 
> Dear Debbie
> 
> Further to receiving all the documentation relating to Owenreagh last
> week, we have looked at the work we would need to perform surrounding all
> of the entities that surround the current structure of the UK company and
> are concerned that this would prove to be an expensive way to conduct the
> work.  For example we have no knowledge of the Cayman Island company or
> the Windfarm project itself as we are not auditors.
> 
> Additionally, the current pressure on the Enron shareprice and possible
> acquisition by Dynergy suggests that your current auditors Andersons
> should be performing the work as they may be expected to have more
> knowledge of the group than us.  This does not impact upon the current tax
> restructuring advise being given.
> 
> Regards
> 
> Sanjay