Message-ID: <775289.1075851022059.JavaMail.evans@thyme> Date: Fri, 24 Mar 2000 01:22:00 -0800 (PST) From: johan.zaayman@enron.com Subject: Signing of Ispat GSA: Press Release and Revised Q&As Cc: kelly.kimberly@enron.com, richard.leibert@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: kelly.kimberly@enron.com, richard.leibert@enron.com X-From: Johan Zaayman X-To: Steven J Kean@EES, Mark Koenig@ENRON, Paula Rieker@ENRON, Peter Berger@ECT, Mark Palmer@ENRON X-cc: Kelly Kimberly, Richard Leibert X-bcc: X-Folder: \Steven_Kean_Oct2001_2\Notes Folders\Attachments X-Origin: KEAN-S X-FileName: skean.nsf The attached press release was released in India at 6:30 p.m. today India time (7:00 a.m. CST) following the signing of the GSA with Ispat. Joe Sutton signed the GSA for us in the presence of senior Indian and US government officials including Commerce Secretary William Daley. The Shareholders agreement was signed earlier in the day by Bobby Farris. Negotiations re the PPA will resume next week. The press release has been included in its entirety as an attachment by Bloomberg while Reuters and Dow Jones have both carried brief reports on the Ispat deal. Thanks, Johan