Re: Toucan Meeting -- Tuesday Afternoon

Fran, I think we should get together tomorrow to discuss the issues around
this deal. Could you get with Twanda to do that? THanks. MIchelle

Fran L Mayes
10/30/2000 08:58 AM

To: Michelle Cash/HOU/ECT@ECT
cc: Craig Hiddleston/Corp/Enron@ENRON, Rick Johnson/HR/Corp/Enron@ENRON,
Dolores Lenfest/HR/Corp/Enron@ENRON
Subject: Re: Toucan Meeting -- Tuesday Afternoon

Kathy Neal and I will attend the meeting on Tuesday.

Fran

Michelle Cash
10/29/2000 03:15 PM
To: Craig Hiddleston/Corp/Enron@ENRON
cc: Rick Johnson/HR/Corp/Enron@ENRON, Fran L Mayes/HOU/ECT@ECT, Dolores
Lenfest/HR/Corp/Enron@ENRON
Subject: Re: Toucan Meeting -- Tuesday Afternoon

Craig,

We were supposed to have a conference call with labor/employment personnel
early next week. Has that been scheduled yet? Also, I will not be able to
attend at 4:00 on Tuesday, but will see if someone from HR/benefits can be
there.

Michelle

Craig Hiddleston@ENRON
10/27/2000 06:36 PM
To: Michelle Cash/HOU/ECT@ECT, Fran L Mayes/HOU/ECT@ECT, Dolores
Lenfest/HR/Corp/Enron@ENRON, Rick Johnson/HR/Corp/Enron@ENRON, Kathy
Neal/NA/Enron@ENRON, Peter del Vecchio/HOU/ECT@ECT, Tommy J
Yanowski/HOU/ECT@ECT, Richard Zamora/NA/Enron@Enron, David
Marshall/HOU/ECT@ECT, Rhett Jackson/HOU/ECT@ECT, Eric Connor/NA/Enron@Enron,
Robert E Anderson/HOU/ECT@ECT, Susan
Worthen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Don
Stevens/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ken Curry/HOU/ECT@ECT, Steve
Gim/NA/Enron@Enron, Michael Simmons/HOU/ECT@ECT, Karen L Barbour/HOU/ECT@ECT
cc: Dwight Beach/HOU/ECT@ECT
Subject: Toucan Meeting -- Tuesday Afternoon

Please attend a meeting in EB2988 at 4 pm on Tuesday, October 31st. If you
are unavailable to attend please have someone represent you at the meeting.

The plan for the meeting is to:

Go through individuals' findings regarding completeness of information
available in data room binders, issues encountered that my impact the value
of the assets to Enron, and any additional information required for Leaf
River and Woodland.
Provide an update regarding the status of Woodland and deal stopper issues.

The issue relating to Woodland and the hesitancy to fully proceed on the due
diligence relates to two potential deal stoppers -- security of fiber supply
and labor union issues. Our preference was to better understand these issues
before fully engaging in the due diligence process, and incurring the
associated costs, but the constrained timing has limited our ability to
accomplish that. At this stage it appears as though we will proceed to submit
a mid-November bid, and therefore we should proceed with all necessary due
diligence for Woodland.

Craig