This is a follow-up to my voice mail on the MESB claim.  Our draft statement 
(still needs final EGA and legal review) is attached.  In addition, a 
presentation on the issue (for internal use only) appears at the bottom of 
this string of e-mails.  We expect the issue to hit the press modestly 
tomorrow.

John


---------------------- Forwarded by John Ambler/ENRON_DEVELOPMENT on 
03/01/2001 01:21 PM ---------------------------


Paul Kraske
03/01/2001 03:55 AM
To: Jimmy Mogal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Atul 
Agarwal/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: John Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT 

Subject: Presentation on Misdeclaration for the lenders

I actually have not checked this out yet.  As a result, I would not publish 
it further without circling back with the group.  Still, I think it's a good 
place to start on the issue.  
Paul
---------------------- Forwarded by Paul Kraske/ENRON_DEVELOPMENT on 
03/01/2001 03:16 PM ---------------------------


Aman Sachdeva
03/01/2001 02:52 PM
To: Ananda Mukerji/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mohan 
Gurunath/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert 
Mathis/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul 
Kraske/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, P 
Mohanram/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Venkatesh 
Gopalkrishnan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Heidi 
Hellmann/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rajesh 
Sivaraman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  

Subject: Presentation on Misdeclaration for the lenders

Attached please find the presentation on misdeclaration for the lenders.  
Robert Mathis has prepared a draft of the letter to the lenders which 
essentially discusses most of the points highlighted in the presentation and 
thus we might decide not to include the presentation at all.  

However I would appreciate your comments at the earliest if we decide to 
include the presentation.