CREDIT -- IMPORTANT NOTICE

please forward to everyone on the East Desk.
thanks,
scott
---------------------- Forwarded by Scott Neal/HOU/ECT on 02/14/2001 04:19 PM
---------------------------

From: Russell Diamond
02/14/2001 03:21 PM

To: Phillip K Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S
Shively/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT
cc: Tanya Rohauer/HOU/ECT@ECT, Jason R Williams/NA/Enron@ENRON, Edward
Sacks/Corp/Enron@Enron
Subject: CREDIT -- IMPORTANT NOTICE - Mieco Inc.

To All:

Please make your respective groups aware of the attached message regarding
Mieco.

Thank you,
Russel Diamond

---------------------- Forwarded by Russell Diamond/HOU/ECT on 02/14/2001
03:18 PM ---------------------------

Edward Sacks@ENRON
02/14/2001 03:06 PM
To: Tracy Ngo/PDX/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tom
Moran/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Paul Radous/Corp/Enron@ENRON,
Russell Diamond/HOU/ECT@ECT, Veronica Gonzalez/HOU/ECT@ECT, Veronica
Espinoza/Corp/Enron@ENRON, Brant Reves/HOU/ECT@ECT, Jason R
Williams/NA/Enron@ENRON, Wendy Conwell/NA/Enron@ENRON, Darren
Vanek/NA/Enron@Enron, Rudwell Johnson/NA/Enron@ENRON, Walter
Guidroz/NA/Enron@Enron, Debbie R Brackett/HOU/ECT@ECT
cc:
Subject: IMPORTANT NOTICE - Mieco Inc.

Due to credit exposure to Mieco, we have shut them down for trades, with the
exception of physical gas purchases. We need to notify the gas desk to
purchase daily physical gas at index to help offset our exposures (ENA
purchases only). Please call your respective trade desks (gas, power, crude,
coal, weather, etc).

Ed Sacks