coal initiative - request for short fuse support

Are you and Herman ok with this?

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 04/11/2001 12:46
PM ---------------------------

Scott Laidlaw@ENRON_DEVELOPMENT
04/11/2001 12:37 PM
To: redelman@roe.com, emiller@roe.com
cc: Renee Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Bruce
Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kay Mann/Corp/Enron@Enron, Bob
Carter/HOU/ECT@ECT, Carlos Sole/NA/Enron@Enron, Kathleen
Carnahan/NA/Enron@Enron

Subject: coal initiative - request for short fuse support

burns & roe - greetings.

our understanding is that our current PSA with you has lapsed.
however, ms. renee alfaro has sent an extension letter to extend that PSA.
at this time, enron's position is that we are unable to use the
lapsed/extended PSA for work on the coal initiative - i.e., accounting rule
requirements.

however, we'll be sending you soon a cc of a PSA that is compliant with our
off-balance sheet accounting requirements. plz stay tuned.

but, in the interim, let's get started on the "short fuse" request for info
from enron using just a tasking letter with a not-to-exceed without prior
approval price of $10,000 and a commitment from enron to pay said related
invoice(s).

attached is a copy of the tasking letter that we discussed on the phone. plz
sign, date and return fax this tasking letter back to me. upon receipt, i'll
sign, date and fax you back a record copy.

plz call with any questions.

regards. scott.