RE: Policy Compared to Lowry's Notification

Thanks - that should work fine now that the restricted list policy and risk=
=20
management policy are consistent.

Cassandra.

-----Original Message-----
From: Lowry, Donna =20
Sent: Thursday, April 05, 2001 11:12 AM
To: Schultz, Cassandra
Cc: Valdez, Veronica
Subject: FW: Policy Compared to Lowry's Notification

Cassandra,
I incorporated your changes to the Restricted List. The second and third=20
paragraph after the actual list is the exact language that you suggested. =
=20
The rest of the language in the entire email relates to the Chinese Wall=20
Policy and the only additional changes that will be made by the legal group=
=20
is they feel it is appropriate. Keep in mind that I am only referencing th=
e=20
Risk Management Policy to a very brief extent, this is not meant to be a=20
summary of that policy. This is a offshoot of the Chinese Wall Policy. If=
=20
you have any questions, give me a call. Thanks. Donna

-----Original Message-----
From: Valdez, Veronica =20
Sent: Thursday, April 05, 2001 10:57 AM
To: Lowry, Donna
Subject: Policy Compared to Lowry's Notification

Donna,

Hope all is well. Cassandra compared your document to the policy and she=
=20
stated per the attached that she felt your notification should be updated p=
er=20
the information below. Let me know if you need any help.

Thanks,

Veronica

Compared policy to Lowry=01,s notification
(underlining is policy)

In addition to the above, you are reminded that pursuant to Enron Corp.'s=
=20
Risk Management Policy ("Policy"), no ENA/RAC/EGF employeeNo employee of an=
y=20
Enron Business Unit may engage in the trading of any"Position" ("Position"=
=20
means any commodity, financial instrument, security, equity, financial ass=
et=20
or liability that are authorized for trading in=20
the =
=20
=
=20
=
=20
=
=20
PolicyPosition for the benefit of any party other than ENA/RAC/EGF, whether=
=20
for his/heran Enron Business Unit (whether for their own account or for the=
=20
account of any third party,party) where such Position relates to (i)=20
anycommodity, financial instrument, security,equity, financial asset or=20
liability which falls within such employee'semployee=01,s responsibility at=
=20
ENA/RAC/EGF or (ii) any energy commodity.an Enron Business Unit, or (ii) an=
y=20
other commodity not covered by (i) included in any Commodity Group.=20

=01&Position=018 shall mean, collectively, the risk components (including, =
but not=20
limited to, price risk, basis risk, index risk, credit risk and liquidity=
=20
risk) of all products (commodities, financial instruments, securities,=20
equities, financial assets or liabilities) which have been authorized for=
=20
trading in the Enron Corp. Risk Management Policy, any of the Enron Corp.=
=20
Policies or approved for trading through any amendments to this Policy.