Re: Company Structure File

Twanda, would you please print this and attachment? THX----- Forwarded by
Michelle Cash/HOU/ECT on 05/18/2000 09:07 AM -----

Pam Butler@ENRON
04/06/2000 07:39 PM

To: Felecia Acevedo/Corp/Enron@ENRON
cc: Michelle Cash/HOU/ECT@ECT, Johnna Young/Corp/Enron@ENRON, Drew C
Lynch/HOU/ECT@ECT, Kathryn Schultea/HR/Corp/Enron@ENRON, Mary
Joyce/HR/Corp/Enron@ENRON
Subject: Re: Company Structure File

Felecia, thanks so much for the listing of companies whose employees are paid
directly by Enron which includes legal name, % ownership, employee count,
etc. Great work and excellent due diligence. As we discussed, you are in
the process of researching and documenting the same information for the
non-payroll companies which of course is critical for completing our due
diligence with respect to the new AESOP.

In order to get this information for determining AESOP participation, and as
we dscussed today, we are asking the HR leadership team to work with their
business units to provide us with all non-payroll company names (to provide
legal name, if different), % ownership, whether or not the company is part of
Enron's consolidated reporting group (if not, why) and number of employees.
They will also give us a "yes" or "no" at this time as to whether their
Business Unit Head wishes for the company to participate in AESOP. We are
asking them to forward this file to you, as we discussed, to assist you with
data collection. We would ask that you coordinate the necessary Legal review
of ownership levels with Michelle Cash. We will facilitate with Johnna Young
a review of whether we will have any accounting issues with granting options
to employees of each respective company. We have a tight turnaround, of
course, as outlined in today's meeting, but hopefully we have good game plan
to get us to where we need to be.

Note to Johnna: Johnna, attached please see Felicia's file on domestic for
your initial review.

Thanks again, Felecia, for your help.

Pam

Felecia Acevedo
04/05/2000 10:59 AM
To: Pam Butler/HR/Corp/Enron@ENRON
cc:
Subject: Company Structure File

Pam,

Here is the file