Political and Regulatory Update from Enron Japan, October 24 2001

Please find enclosed the political and regulatory roundup for October 24.

In recognition of the METI announcement that the electricity reform committee will begin deliberations on November 5th, the newsletter will cover regulatory developments in energy policy in addition to national political issues, starting from this edition.

Contents:

1) Anti-terrorist bill consumes parliamentary session. Supplementary budget issues next on agenda
2) Energy Deregulation:
a) Electricity Reform Committee to start deliberations November 5
b) Environment Ministry opens committee to discuss merits of carbon tax

Llewelyn Hughes
Public and Regulatory Affairs
Enron Japan

Ph. 81.3.5219.4586