Report to Shapiro

For your information, before it gets obsolete. Proposed changes in red make
sense.

LM
---------------------- Forwarded by Luiz Maurer/SA/Enron on 06/03/2001 08:32
AM ---------------------------

Fred Sampaio
05/17/2001 06:59 PM
To: Sergio Assad/SA/Enron@Enron, Jose
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Luiz Maurer/SA/Enron@Enron, Joe
Kishkill/SA/Enron@Enron
cc:

Subject: Report to Shapiro

Gentlemen

Annex the report prepared by Maurer with my proposed changes in red.

Fred