IN: This is an email
I'm sure that many of you are aware that there has been a great deal of activity lately related to Enron's evaluation of possible acquisitions. John Goodpasture's group has kept a large number of ET&S people engaged in looking at a number of potential deals. While these deal evaluation projects have become routine around here, we all must remember that these projects are extremely confidential. Even after a potential seller has announced that it is up for sale, the fact that Enron is looking at a potential deal, as well as any of our internal analysis of the deal, remains strictly confidential. I realize that many of you have ongoing business relationships with employees of some of the companies that we have evaluated or may evaluate in the future. If you find yourself in such a situation, and a business contact at the target company asks whether Enron is evaluating the contact's company or assets, the only appropriate response is that Enron personnel are not permitted to discuss potential acquisitions. Please be aware that the confidentiality agreements that we typically sign as part of the acquisition evaluation process preclude any communication by Enron people with employees of the target company. If you have any questions or concerns regarding this requirement, please do not hesitate to give me a call. Thank you for your assistance. DF

What is the subject?

OUT: Confidentiality Regarding Acquisitions

IN: This is an email
Here is your Guaranty. Have them sign two letters and attach copies of the original Gty as Exhibit A. Call me if you have any questions.

What is the subject?

OUT: Terra Industries

IN: This is an email
Gents, I thought that I would let you know that Rob Hemstock informed me last night that Murray Smith (Minister of Energy) got the PPA Division Regulation through Cabinet yesterday. This essentially allows us to split the PPA with the remaining steps being a formality. The Sundance B PPA will become the Sundance B3 and Sundance B4 PPAs within the next week. ENRON CANADA CORP. Derek J. Davies Vice President

What is the subject?

OUT:
Split PPA