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From:jennifer.rudolph@enron.com
To:ca.team@enron.com
Subject:NEWS: PG&E Issues Statement After State And Southern California
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Date:Tue, 10 Apr 2001 03:48:00 -0700 (PDT)

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* PG&E statement below
* they say they will continue with the bankruptcy court to resolve their
situation
* I heard on NPR this morning (trying to get the transcript right now) that
if PG&E doesn't sell their transmission system to the state, it will cause
SCE and SDG&E to go bankrupt as well....again, I'm trying to verify
that....I'm not whole-heartedly trusting my early-morning listening skills

---------------------- Forwarded by Jennifer Rudolph/HOU/EES on 04/10/2001
10:14 AM ---------------------------
From: Jeff Dasovich@ENRON on 04/10/2001 10:12 AM


?Home?<News & Information < News Releases

News Release

FOR IMMEDIATE RELEASE April 9, 2001
CONTACT: PG&E News Department (415) 973-5930

PG&E Issues Statement After State And Southern California Edison Reach An
Agreement
San Francisco, CA -- Pacific Gas and Electric Company today issued the
following statement after the State and Southern California Edison reached an
agreement:
"We are pleased that Southern California Edison, given its set of facts, and
the State have been able to reach an agreement and are hopeful that this
agreement will contribute to the solution of the State's energy crisis.
"Given our set of facts, we continue to believe that a Chapter 11
reorganization is the most feasible means to reach a solution.
"We will proceed at the direction of the bankruptcy court."