Enron Mail

From:greg.whiting@enron.com
To:joseph.deffner@enron.com, louise.kitchen@enron.com,georganne.hodges@enron.com, sarah.wesner-soong@enron.com
Subject:EDF Mann Initial Margin
Cc:elaine.schield@enron.com
Bcc:elaine.schield@enron.com
Date:Wed, 31 Oct 2001 05:15:08 -0800 (PST)

Per the broker statement received this morning the initial margin for Mann increased by only $6.1MM. It does not appear that they have changed their margin calculation method from this. I have contacted the Enron person responsible for confirming the amounts to be settled with Mann and instructed her to contact me if Mann requests any settlement that differs from the statement received this morning. The preliminary number for Mann's initial margin and variation margin was a net inflow of $4.8MM.

I will let you know of any changes. Thanks.

Greg x35399