Re: Allocations to Enron Europe

Steve and Rick - In response to your question regarding the European
allocation, here are responses on the Keeler and Worthen allocations. These
were the only two that Europe had required backup on when receiving the
allocation. Mike - By copy of this note, can you provide backup on the
Europe allocation for your cost center, Henry's, and Marc's? Thanks!

Susan Worthen@ENRON_DEVELOPMENT
10/27/2000 10:11 AM

To: Elizabeth Linnell/NA/Enron@Enron
cc: Michael Terraso@ENRON
Subject: Re: Allocations to Enron Europe

Elizabeth,
My group's support services are more global in nature, rather than providing
services to any one unit. Services include the administration of the
corporate EHS web site and regulatory subcsriptions, risk assessment of
acquisitions, divestitures & major capital projects, corprate responsibility
initiatives, & performance reporting. I divided the business unit
allocations based on 2001 business growth, maturity of their EHS management
systems, and historical use.

Please let me know if any additional questions arise.

Thanks,
SW
Elizabeth Linnell/NA/Enron wrote on 10/20/00 8:43 am:

Enron Europe is asking for backup for their allocations from your cost
center. Can you send me a brief description of the anticipated support for
that business unit for 2001?

Thanks!
----- Forwarded by Elizabeth Linnell/NA/Enron on 10/30/2000 05:50 PM -----

Jeffrey Keeler
10/30/2000 04:38 PM

To: Elizabeth Linnell/NA/Enron@Enron
cc: Michael Terraso/OTS/Enron@ENRON
Subject: Re: Allocations to Enron Europe

Allocation to Enron Europe reflects an estimated 7.5% use of our group's time
for FY2001 (revised dollar amount of $75,965). As directed by Mike Terraso
and Steve Kean, we expect to increase our commercial support focus in 2001
towards European and other international wholesale and retail markets, and
will be hiring additional staff to focus in this area. We expect our
current North American activities to expand to Europe and other global
markets, including:

Providing competitive intelligence (timely information and analysis) to
commercial units based on environmental policy/regulation in Europe and
worldwide. Assist commercial groups with analysis of impacts on business and
identify business opportunities related to environmental policies. Subjects
include:
Global Climate Change -- carbon dioxide/greenhouse gas emission regulation
Air quality regulation -- SO2/Acid Rain, NOx, mercury, particulate matter
Renewable Energy & Energy Efficiency - renewable mandates, credit/offset
trading, environmental disclosure/labeling
Industrial/Global Markets - environmental issues facing new Enron markets,
i.e. pulp & paper, steel, or existing markets, i.e emissions, coal, weather.

Coordinate advocacy on environmental policy issues worldwide, working closely
with government affairs & public affairs units. Maintain ongoing
relationships with key environmental policy makers and build effective
coalitions with industry organizations, NGOs, and other stakeholders on
behalf of Enron businesses.

If you have any questions or require additional information, please let me
know.

Jeffrey Keeler
Director, Environmental Strategies
Enron
1775 Eye Street, N.W. Suite 800
Washington, D.C. 20006
(202) 466-9157 phone
(202) 331-4717 fax
(800) 502-6856 pager

Elizabeth Linnell
10/20/2000 09:49 AM

To: Jeffrey Keeler/Corp/Enron@ENRON, Susan
Worthen/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Marc Phillips/OTS/Enron@ENRON
cc:
Subject: Allocations to Enron Europe

Enron Europe is asking for backup for their allocations from your cost
center. Can you send me a brief description of the anticipated support for
that business unit for 2001?

Thanks!