TW COMPRESSOR MONETIZATION

Please print. Thanks. DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 03/17/2000
08:16 AM ---------------------------

Dave Waymire
03/16/2000 05:11 PM
To: Bill Cordes/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, Michel
Nelson/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Maria
Pavlou/ET&S/Enron@ENRON, Charlie Graham/ET&S/Enron@ENRON, James
Centilli/ET&S/Enron@ENRON
cc: Marsha Eurek/ET&S/Enron@ENRON, Tim Kissner/ET&S/Enron@ENRON

Subject: TW COMPRESSOR MONETIZATION

Attached is the updated summary sheet for TW's compressor monetization based
on the criteria decided on in todays meeting. The 5% COS reduction
translates to $149,000 benefit to TW's customers each year. The sales price
of $14.8MM will yeild a gain of approximately $3.2MM before tax and after the
deduction for employee termination expenses estimated at $160,000.