Enron Mail

From:david.minns@enron.com
To:david.forster@enron.com
Subject:Re: Australian Power
Cc:louise.kitchen@enron.com, paul.smith@enron.com, paul.quilkey@enron.com
Bcc:louise.kitchen@enron.com, paul.smith@enron.com, paul.quilkey@enron.com
Date:Mon, 17 Jan 2000 11:43:00 -0800 (PST)

David progresing well on legal issues. I have held off sending you an update
pending finalisation of a piece of a major piece of work concerning the
formation of contracts. I will forward to you a full update tomorrow. As far
as the product descriptions are concerned we have largely finalised the form
for a swap. We need to clarify some terminology before it is finalised.
This we plan to do tomorrow.

Attached are the GTCs, Password Agreement and ETA I prepared last year.
These are currently with outside counsel as part of the brief to advise.






David Forster@ECT
01/15/2000 05:05 AM
To: David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Louise Kitchen/LON/ECT@ECT, Paul
Smith/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Paul
Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Australian Power

David,

I would appreciate it if you could forward your updated to-do list to myself
and Louise Kitchen at your earliest opportunity. We would like to make some
decisions regarding the potential launch dates of Austrlian Power, to prepare
for an Investor Relations presentation next week. The legal timetable is
obviously an important element.

At this point, we have loaded draft descriptions into the system and you can
transact on Australian Power in the test database. These draft descriptions
will obviously need to be updated based on input from you and Mark Taylor,
once the GTC is finalised.

After legal, the only remaining elements to be completed prior to Australian
launch are trader training, bridging to EnPower and customer marketing
materials (which are currently in the Australian office).

EnPower bridging is expected to be very simple. Torrey Moorer is working on
this on behalf of the Houston PCG and they will be finalising the bridging
over the next week or so, using the draft products.

Thanks,

Dave