COPEL

John,

We have sold 200,000 shares of the 1.27 MM currently available for sale.

53,400 shares at $6.77
146,600 shares at $6.88

So, liquidity looks pretty good.

We will continue to liquidate.

Kish
---------------------- Forwarded by Joe Kishkill/SA/Enron on 06/01/2001 11:39 AM ---------------------------

Aneela Charania@ECT
06/01/2001 08:53 AM
To: Adarsh Vakharia/HOU/ECT@ECT, Susie Ayala/HOU/ECT@ECT, Joe Kishkill/SA/Enron@Enron, Britaldo Soares/SA/Enron@Enron, Guy Ishikawa/SA/Enron@Enron
cc: Donna Lowry/Enron@EnronXGate, Richard Lauer/Enron@EnronXGate, Shelli Smith/Enron@EnronXGate

Subject: COPEL

Please find attached the detail of COPEL activity.

Do not hesitate to contact me if you have any questions.

Regards,
Aneela