RAC Meeting for May 18th, 2001

Rick:
Four new projects have been added to the list of the hot deals for May 18,
2001. They--and their suggested action items--are as follows:

Project Originator Description
GFU Maria Foster 10 Year physical gas purchase ($11m) - Norway

Suggested Action Item: Communicate findings to Europe (Paul Hennemeyer -
Philip Davies) and compile GA comments for RAC, if any.

EES:
Ownes Corning Maureen Palmer Structure Credit (TBD)
Suggested Action Item: None.

EWS:
Leaf River George McCormick Acquisition of SBSK pulp mill
Jupiter Mike Beyer Sale of Equity ($24.4)
Suggest Action Item: Communicate findings to J. Steffes, and Lisa Yoho and
compile GA comments for RAC, if any.

Please let me know if
you have any question or suggestion.

Brgrds

AI
3-3037