Message-ID: <22483033.1075846345809.JavaMail.evans@thyme> Date: Thu, 27 Apr 2000 03:04:00 -0700 (PDT) From: joseph.sutton@enron.com To: michael.hicks@enron.com Subject: Re: Shareholder Meeting Cc: steven.kean@enron.com, bill.donovan@enron.com, pete.gohm@enron.com, pam.benson@enron.com, kenneth.lay@enron.com, jeff.skilling@enron.com, steven.kean@enron.com, bill.donovan@enron.com, pete.gohm@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: steven.kean@enron.com, bill.donovan@enron.com, pete.gohm@enron.com, pam.benson@enron.com, kenneth.lay@enron.com, jeff.skilling@enron.com, steven.kean@enron.com, bill.donovan@enron.com, pete.gohm@enron.com X-From: Joseph W Sutton X-To: Michael Hicks X-cc: Steven J Kean, Bill Donovan, Pete Van De Gohm, Melinda Winkler@ECT, Pam Benson, Kenneth Lay, Jeff Skilling, Steven J Kean, Bill Donovan, Pete Van De Gohm, Melinda Winkler@ECT@ENRON X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\Ferc X-Origin: KEAN-S X-FileName: skean.nsf Thanks, Joe To: Kenneth Lay/Corp/Enron@ENRON, Jeff Skilling/Corp/Enron@ENRON, Joseph W Sutton@Enron cc: Steven J Kean/HOU/EES@EES, Bill Donovan/EPSC/HOU/ECT@ECT, Pete Van De Gohm/HOU/EES@EES, Melinda Winkler@ECT Subject: Shareholder Meeting In light of the shareholder proposal from Friends of the Earth Action, we had a third-party consultant gather public record background information on the group. Friends of the Earth Action is a registered Texas corporation, and acts as the political arm of Friends of the Earth, Inc., one of the largest organized ecological protection groups with its headquarters in Washington DC. They use a systematic political approach to reach their goals, and when that is unsuccessful, they have been known to be disruptive. Friends of Earth Action has taken credit for participation, and even claimed an organizational role, in the recent demonstrations in Seattle and Washington DC. Their literature describes their immediate goals as targeting six politicians and six major corporations for shareholder actions and special publicity. Brent Blackwell is described as a 'remarkably effective environmental activist' who, over 30 years, has led shareholder actions against Exxon and DuPont. Their literature also portends a link to Cuban successes in environmental reform. Our consultant feels this is a powerful group that should not be taken lightly, and that future dealings with this group may be less political and more demonstrative in nature. While we don't expect demonstrations at our shareholders meeting, we have augmented our security with additional police and security officers. Security presence, while elevated, will be low-key and not any more visible to shareholders than normal security. Regards, Mike Hicks