PRIVILEGED AND CONFIDENTIAL: Rexam Legal Risk Memo

From: travis.mccullough@enron.com

To: greg.whalley@enron.com, john.lavorato@enron.com, e..haedicke@enron.com,vicki.sharp@enron.com, james.keller@enron.com, david.delainey@enron.com, dan.leff@enron.com, janet.dietrich@enron.com, gayle.muench@enron.com, craig.childers@enron.com, jeffery.p

Subject: PRIVILEGED AND CONFIDENTIAL: Rexam Legal Risk Memo

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Date: Fri, 17 Aug 2001 15:46:09 -0700 (PDT)

Attached is the Legal Risk Memo for the Rexam transaction. Please contact me if you have any questions regarding the attached.

Travis C. McCullough
Enron North America Corp.
1400 Smith Street EB 824
Houston, Texas 77002
Phone: (713) 853-1575
Fax: (713) 646-8860