Enron Mail

From:lance.schuler-legal@enron.com
To:mark.haedicke@enron.com
Subject:Re: Answer to CVM / Elektro
Cc:
Bcc:
Date:Thu, 19 Apr 2001 01:05:00 -0700 (PDT)

W. Lance Schuler
Enron North America Corp.
1400 Smith Street, EB 3826
Houston, Texas 77002
Phone: 713/853-5419
Fax: 713/646-3393
Email: lance.schuler-legal@enron.com
----- Forwarded by Lance Schuler-Legal/HOU/ECT on 04/19/2001 08:04 AM -----

Robert H George@ENRON
04/18/2001 04:53 PM

To: Lance Schuler-Legal/HOU/ECT@ECT
cc:
Subject: Re: Answer to CVM / Elektro

Unfortunately, I copied from a bad distribution list.
---------------------- Forwarded by Robert H George/NA/Enron on 04/18/2001
04:52 PM ---------------------------


Brenda Whitehead@ECT
04/18/2001 04:36 PM
To: Britaldo Soares/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Joe
Kishkill/SA/Enron@Enron, Lance Shuler/ENRON@enronxgate, Mitchell
Taylor/Enron@EnronXGate, MSchmidt@elektro.com.br, VFerraz@elektro.com.br,
Sami Arap/SA/Enron@Enron, John Novak/SA/Enron@Enron, John
Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, "Syllas Tozzini"
<St@tfts.tozzini.com.br<, James A Hughes/Enron@EnronXGate, Rebecca
McDonald/Enron@EnronXGate, Loretta Brelsford/Enron@EnronXGate, Robert H
George/NA/Enron@Enron
cc:

Subject: Re: Answer to CVM / Elektro

The conference call referenced below has been scheduled as follows:


Date: Thursday, April 19, 2001
Time: 9:30 a.m. CPT (Houston time)
Call In #: Domestic (800-713-8600)
International (801-983-4017)
Pass Code: All participants (5894)

If you have any questions, please contact me at (713) 853-5438. Thank you.




---------------------- Forwarded by Brenda Whitehead/HOU/ECT on 04/18/2001
04:33 PM ---------------------------


Robert H George@ENRON
04/18/2001 04:26 PM
To: Britaldo Soares/SA/Enron@Enron
cc: Orlando Gonzalez/SA/Enron@Enron, Joe Kishkill/SA/Enron@Enron, Lance
Shuler/ENRON@enronxgate, Mitchell Taylor/Enron@EnronXGate,
MSchmidt@elektro.com.br, VFerraz@elektro.com.br, Sami Arap/SA/Enron@Enron,
John Novak/SA/Enron@Enron, John Ambler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt,
"Syllas Tozzini" <St@tfts.tozzini.com.br<, James A Hughes/Enron@EnronXGate,
Rebecca McDonald/Enron@EnronXGate, Loretta Brelsford/Enron@EnronXGate, Brenda
Whitehead/HOU/ECT@ECT
Subject: Re: Answer to CVM / Elektro

The Brazilian SEC has requested today that Elektro's response to questions
from the Brazilian SEC be essentially published by tomorrow afternoon Brazil
time. As result, a conference call has been scheduled tomorrow at 9:30 a.m.
to discuss the implications of this publication and the merits of objecting
to the request. My assistant will be sending around shortly an email with a
call-in number for the call. While we do not have an official translation
of Elektro's response, the following is the best available at present:

1. Other than the dispositions of assets that are part of the ordinary course
operations of Elektro, there is at present no specific intent or decision by
Elektro, or the members of the controlling block of shareholders, to
alienate, in whole or in part, the assets or capital of Elektro. However,
Elektro and the members of the controlling block of shareholders share Mr.
Skilling's views referenced in your letter of March 22, 2001, wherein he
states that for the right price and under the appropriate circumstances all
assets are for sale. As a result, preliminary and confidential discussions
with various parties about the possibility of a sale of Elektro have taken
place. At present, there are no seriously active discussions of this type
taking place.

2. Neither Elektro nor the members of the controlling block of shareholders
have entered into any contract or agreement which commits or obligates, under
any circumstances, Elektro or such shareholders to alienate the assets or
capital of Elektro. In the event such a contract were to be executed,
Elektro's controlling block of shareholders would notify the CVM in
accordance with Section 5 of CVM Instruction 299.

3. Elektro's program for infrastructure investment is regularly adjusted to
meet the constantly changing demands upon, and forecasts made by, the
company. Based upon our assumption that your third question is intended to
solicit an answer as to whether this program is any way being adjusted for
reasons other than the needs and forecasts of the company, we can answer that
it is not affected by any such reasons. Accordingly, we reiterate our
earlier response that Elektro's infrastructure investment program is being
conducted in compliance with all of the applicable regulations and sound
industry practices.





Britaldo Soares
04/16/2001 03:31 PM
To: Orlando Gonzalez/SA/Enron@Enron, Joe Kishkill/SA/Enron@Enron, Robert H
George/NA/Enron@Enron, Lance Shuler/ENRON@enronxgate, Mitchell
Taylor/Enron@EnronXGate
cc: MSchmidt@elektro.com.br, VFerraz@elektro.com.br, Sami
Arap/SA/Enron@Enron, John Novak/SA/Enron@Enron

Subject: Answer to CVM / Elektro

Robert,

This is the response - portuguese version - we sent out to CVM.
We basically took out the reference to possible future talks on the sale of
Elektro, after discussing with Tozzini.
Reference to the existence of past talks was left unchanged (as was in the
previous english version).

Britaldo
---------------------- Forwarded by Britaldo Soares/SA/Enron on 16/04/2001
17:23 ---------------------------


Marcia Rezende
16/04/2001 16:53
To: Britaldo Soares/SA/Enron@Enron
cc:

Subject: Carta Resposta Of?cio CVM

Segue vers?o final, j? encaminhada via fax para CVM e original seguir? via
carta registrada em 17.04.2001.
M?rcia