Re:Project Tahiti

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com
----- Forwarded by Carol St Clair/HOU/ECT on 08/29/00 08:08 AM -----

"Cheri Strouse" <STROC@andrews-kurth.com<
08/25/00 05:39 PM

To: <alan.quaintance@enron.com<, <Brenda.L.Funk@enron.com<,
<carol.st.clair@enron.com<, <charles.delacey@enron.com<,
<Clement.abrams@enron.com<, <David.roland@enron.com<,
<gina.karathanos@enron.com<, <Joel.ephross@enron.com<,
<tina.livingston@enron.com<, <Trevor.randolph@enron.com<,
<trushar.patel@enron.com<, <mniebruegge@mayerbrown.com<,
<tellwood@mayerbrown.com<, <eawilburn@prickett.com<, <Tamullen@prickett.com<,
<kenton@rlf.com<, <mark.wolf@us.cibc.com<, <mercedes.arango@us.cibc.com<,
<schottla@us.cibc.com<, <Aroberts@wilmingtontrust.com<
cc: "David Barbour" <BARBD@andrews-kurth.com<, "MURIEL McFARLING"
<MCFAM@andrews-kurth.com<, "SCOTT OLSON" <OLSOS@andrews-kurth.com<
Subject: Re:Project Tahiti

Attached please find the Sale and Auction Agreement for the Fiji Z Class B
Interest and the Bali Trust Agreement.

The Sale and Auction Agreement is marked against the Sale and Auction
Agreement from the Hawaii 125-0, McGarrett Series B transaction and the Bali
Trust Agreement is marked against the Alchemy Trust Agreement.

Please note that the attached documents are in Word Perfect. A subsequent
email with the documents in Microsoft Word will follow.

Please fax comments to David Barbour and Muriel McFarling at 214-659-4401 by
Monday, August 28th.

If you have any questions, please contact David Barbour at 214-659-4444.

B. Scott Olson
Andrews & Kurth L.L.P.
1717 Main Street
Suite 3700
Dallas, Texas 75201
Direct: 214.659.4443
Fax: 214.659.4832

- 255084 COMPARISON AGAINST MCGARRETT SERIES B.wpd
- 255146 COMPARISON 220406 VER 7.WPD