Project Crane (Daishowa)

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
---------------------- Forwarded by Michelle Cash/HOU/ECT on 07/31/2000 08:53
AM ---------------------------

Patrick Wade
07/28/2000 05:27 PM
To: Peter del Vecchio/HOU/ECT@ECT, Gustavo Junqueira/HOU/ECT@ECT, Jay
Boudreaux/HOU/ECT@ECT, Chetan Paipanandiker/HOU/ECT@ECT, Bret
Scholtes/Corp/Enron@ENRON, Gerardo Benitez/Corp/Enron@Enron, Ibrahim
Qureishi/Corp/Enron@Enron, Ken Curry/HOU/ECT@ECT, Maribel
Mata/Corp/Enron@Enron, Rick Bittner/Corp/Enron@Enron, Stephen H
Douglas/HOU/ECT@ECT, Dolores Lenfest/HR/Corp/Enron@ENRON, Rick
Johnson/HR/Corp/Enron@ENRON, Michelle Cash/HOU/ECT@ECT, Tim
Proffitt/HOU/ECT@ECT, Karen L Barbour/HOU/ECT@ECT, Wayne Mays/PDX/ECT@ECT,
Glenn Connors/HOU/ECT@ECT, Thomas Mark Poole/HOU/ECT@ECT, Roy
Lipsett/HOU/ECT@ECT, Bryan Burnett/HOU/ECT@ECT, Scott Earnest/HOU/ECT@ECT
cc: Edward Ondarza/HOU/ECT@ECT, Susan Fallon/Corp/Enron@ENRON
Subject: Project Crane (Daishowa)

I have scheduled a meeting for Monday (7/31) at 4:00 at an EB location to be
determined to finalize the Project Crane Deal Team, and get everyone up to
speed on the latest developments.

For those of you I have not spoken with, our counterparty has accelerated the
schedule, and as a result we only have a couple of weeks to assemble a team
for the data room. The data room process will begin on Sunday evening,
August 13 in Quebec City, Quebec, and end Friday, August 18 in Port Angeles,
Washington, with a travel day in between mills on Wednesday. My assistant,
Susie Fallon will handle all the travel arrangements. We will receive an
updated itenerary and index of the data room the middle of next week. I will
distribute the information memorandum at Monday's meeting. I apologize for
the short notice, but look forward to working with you all on this
transaction.

Thanks,
Patrick