Message-ID: <1779079.1075851042514.JavaMail.evans@thyme>
Date: Wed, 25 Oct 2000 00:45:00 -0700 (PDT)
From: steven.kean@enron.com
To: john.ambler@enron.com
Subject: Re: Sutton India Statement
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Can we be even stronger on this?  The short answer is that Joe's resignatio=
n=20
has no impact on our view toward India.  The evaluation of our asset holdin=
gs=20
and new business opportunities is the same the day after Joe's resignation =
as=20
it was the day before.  If need be, we can reiterate previous statements=20
about our ongoing review of asset positions.  What do you think?



=09John Ambler@ENRON_DEVELOPMENT
=0910/24/2000 06:46 PM
=09=09=20
=09=09 To: Cliff Baxter@ECT, Steven J Kean/NA/Enron@Enron, Mark Koenig@ENRO=
N, J=20
Mark Metts@Enron, Paula Rieker@ENRON
=09=09 cc: Mark Palmer@ENRON, Karen Denne@ENRON, Cindy Derecskey@ECT
=09=09 Subject: Sutton India Statement

We expect considerable Indian media interest and attempts to interpret the=
=20
implications of Joe Sutton's resignation.  In consultation with Mark Palmer=
=20
and others, we have developed the following statement, which we intend to u=
se=20
only in response to media inquiries.  Please let me know if you have any=20
comments.

John


For Enron Use =01) Only if Asked
October 24, 2000

Statement on Impact of Sutton Resignation on Enron in India

Joe Sutton=01,s departure should not significantly affect Enron=01,s commit=
ment to=20
the Indian market.  In fact, consistent with Enron=01,s new business lines,=
 we=20
are in the process of developing data centers and a fiber optic network in=
=20
India.  Of course, we continuously look to optimize the value of our busine=
ss=20
interests and there may be some related adjustments in our holdings, but we=
=20
expect to continue as a significant participant in the Indian market.

If pressed:
We are not able to comment on specific plans or operations, as it is our=20
policy not to comment on the details of potential divestitures or=20
acquisitions.