Message-ID: <23492505.1075858876905.JavaMail.evans@thyme> Date: Thu, 25 Oct 2001 11:40:27 -0700 (PDT) From: mark.koenig@enron.com To: pr <.palmer@enron.com>, j..kean@enron.com, paula.rieker@enron.com Subject: FW: DJ Concerned Energy Cos Make Few Changes In Enron Dealings Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Koenig, Mark X-To: Palmer, Mark A. (PR) , Kean, Steven J. , Rieker, Paula X-cc: X-bcc: X-Folder: \SKEAN (Non-Privileged)\Kean, Steven J.\Deleted Items X-Origin: Kean-S X-FileName: SKEAN (Non-Privileged).pst -----Original Message----- From: Lindauer, Jason [mailto:Jason.Lindauer@tfn.com] Sent: Thursday, October 25, 2001 1:18 PM Subject: DJ Concerned Energy Cos Make Few Changes In Enron Dealings 10/25 2:13P (DJ) =DJ Concerned Energy Cos Make Few Changes In Enron Dealings Story 8322 (CPN, DUK, DYN, EIX, ENE, MIR, PCG, REI, RRI, SRE, WMB, I/ELC...) By Mark Golden, Kristen McNamara, Jon Kamp and John Edmiston Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Energy trading companies have concerns about the credit quality of troubled Enron Corp. (ENE), but they have made almost no changes in policies concerning the top trader of North American power and gas, the companies said Thursday. The concerns have arisen because Enron, which accounts for about a quarter of the trade in the country's power and gas markets, has seen its share price fall by a third this week due to uncertainties about its extremely complex financial structure. Moody's has put Enron's credit on watch for possible downgrade, and some of the company's debt is trading like junk bonds in the secondary market this week. "We have made no changes to our credit policy concerning Enron," said John Sousa, chief spokesmann for Dynegy Inc. (DYN). "It's business as usual." Williams Cos. (WMB) spokesman Jim Gipson said that his company, too, has made no changes and has no concerns about Enron's credit. Another Top 10 power and gas trading company, Aquila (ILA), has also left Enron credit unchanged. Other companies expressed concern, though they've taken little if any action. "Like everyone else in the marketplace, we're proceeding with caution," said Lora Kinner, director of credit for Tractebel Energy Marketing, the North American subsidiary of the Belgian company Tractebel S.A. Kinner said the company is just looking for more information and doesn't expect to make any drastic changes. (MORE) DOW JONES NEWS 10-25-01 02:13 PM Additional Codes ( I/GAS, I/PIP, I/UES, I/UEW, I/XISL, N/DJN, N/DJWI, N/BON, N/CNW, N/COB, N/DJRT, N/DRV, N/HIY, N/LNG, N/PET, N/SNEW, N/WEI, M/ENE, M/MMR, M/UTI, P/DGA, P/DUT, R/CA, R/GA, R/NAPW, R/NC, R/NME, R/OK, R/PRM, R/TX, R/US, R/USC, R/USS, R/USW) ______________________ Jason M. Lindauer Director Thomson Financial/Carson 156 W. 56th Street, 6th Fl. New York, NY 10019 P: (212) 707-0680 F: (212) 707-0501 jason.lindauer@tfn.com www.thomsonfinancialcarson.com _______________________