Modernized Pulp Mill

Mr. Whalley

I am e-mailing you this memo after reading an article posted by Enron
Internal Communications.

I live in Cloquet, Mn. and have been employed by Northern Natural Gas for 20+
years. The major employer in town is Potlatch Corp., a paper and pulp mill.
The Potlatch Corporation has fallen on difficult financial times. There is
rumor that Stora Enso of Finland is looking at buying the pulp mill. This
mill has recently gone through a $1 Bil modernization. Included in the
project is a steam/electric cogen facility. (not sure of capacity) In talking
to the locals, the largest asset of Potlatch is their ownership of thousands
of acres of forest land, that should insure raw material for the future.

I apologize if this has wasted your time, but thought that it was worth
mentioning.

Please call if there are any questions. 218.384.9208

Steve Dahnke

Team Leader