IN: Brant: Their lawyer finally called me. We have a few open credit issues on our side that I need for you to think about: 1. Are you okay with the cross default threshold on both sides being 3% of stockholders' equity? They didn't like $100,000,000. 2. For corporate policy reasons, they cannot take advantage of affiliate setoff. Since I wasn't sure what relationships ENA and its affiliates had with this counterparty, I wasn't sure how strongly you felt about it. Please advise. Carol

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OUT: El Paso Energy

IN: Attached is a revised version of the Act of Sale and a redline of same compared to that which we sent to you earlier today. Also attached is a revised Guaranty both clean and redlined and a form of Nonforeign Status. The Act of Sale contains changes to the restriction language. Draft resolutions to follow tomorrow. <<GUARANTY.DOC>> <<GUARANTY BL.DOC>> <<Act of Sale - Clean Draft 2- Reliant.DOC>> <<ACT OF SALE - CLEAN DRAFT BL BASE 2.DOC>> <<Certificate of Nonforeign Status.doc>> - GUARANTY.DOC - GUARANTY BL.DOC - Act of Sale - Clean Draft 2- Reliant.DOC - ACT OF SALE - CLEAN DRAFT BL BASE 2.DOC - Certificate of Nonforeign Status.doc

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OUT: Land Sale

IN: FYI, here is information relating to the voice mail I forwarded to you late Friday. I will be on vacation the dates they want to handle diligence, so one of you may need to handle it. Let's see what happens. . . Michelle

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OUT: Project Crane (Daishowa)

IN: Dan, Please be advised that Capt. Knut Bentzr?d will relieve Capt. Oe.Hansen when the vessel is transit Suez Canal on May 7th 01. Have a nice week-end. Best regards

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OUT:
LNG/C"HOEGH GALLEON" - CHANGE OF MASTER