European Reorganization

Tana forwarded the following message on to me since she will be out of the
office for the next week or so.

We are not familiar with any of these companies or their activities or
operations. You might want to check with Kate Cole's office to see what she
knows.
---------------------- Forwarded by Mark - ECT Legal Taylor/HOU/ECT on
12/17/98 03:18 PM ---------------------------

Enron Capital & Trade Resources Corp.

From: Tana Jones 12/17/98 01:04 PM

To: Mark - ECT Legal Taylor/HOU/ECT@ECT
cc:
Subject: European Reorganization

---------------------- Forwarded by Tana Jones/HOU/ECT on 12/17/98 01:04 PM
---------------------------

Paul Simons
12/17/98 12:29 PM
To: Edmund Cooper/LON/ECT@ECT
cc: Lin Richardson/LON/ECT@ECT, Kate Cole/Corp/Enron@Enron, Tana
Jones/HOU/ECT@ECT, Scott Sefton/LON/ECT@ECT, Bob Carter/HOU/ECT@ECT
Subject: European Reorganization

Ed

Please note that each of the following companies will be a new controller of
EEFT as a result of the reorg:

Enron Power Trading Limited (UK)
Enron Europe Limited (UK)
Enron Europe LLC (US)
Enron Power Corp (US)
Enron Europe Inc (US) - the new US holding company.

For each company we will need to find out the following info which will need
to be notified to SFA:

1. Principal activities

2. Date and place of incorporation and registered number

3. Names of directors and their dates of birth

4. Address of head/principal office and telephone number

5. Regulatory Authorities or Exchanges in the UK or overseas of which the
entity is or has been a member.

Most of this info is pretty basic, but I suspect 1 &5 could be slightly
tricky (for 1 we only need to list the principal activity or activities).

Lin, Kate and Tana: 2 of these entities are UK and 3 US incorporated. I'd be
very grateful if you would assist Edmund in putting this information
together. It will need to be filed with SFA (the UK regulator) at the
beginning of next week.

Many thanks in advance for your assistance

Paul