Message-ID: <17402817.1075853244985.JavaMail.evans@thyme>
Date: Fri, 4 Aug 2000 05:04:00 -0700 (PDT)
From: brian.vass@enron.com
To: richard.sanders@enron.com
Subject: NSM
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X-From: Brian Vass
X-To: Richard B Sanders
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Richard:

Brian says this is the information you needed re NSM.  After reviewing, 
please confirm to me (Ext. 3-6855) or to Brian (713.304.3808/mobile) that you 
have everything you need from us.  If I can help with anything, please let me 
know.  Thanks.

Sherri
---------------------- Forwarded by Brian Vass/HOU/ECT on 08/04/2000 12:04 PM 
---------------------------


Brian Vass
08/02/2000 05:16 PM
To: Lisa Mellencamp/HOU/ECT@ECT
cc: Laynie East/HOU/ECT@ECT 
Subject: NSM

Lisa,

This is the info from Laynie in accounting. She confirmed the number of 
equity shares (40,992,500) with Richard Lauer. Did you by chance add the 
number of C note units to the equity? That would add to around 51mm shares. 

The aschedule that Laynie has also calculates the principal and interest due 
to date. Call me if you have questions.

bgv
---------------------- Forwarded by Brian Vass/HOU/ECT on 08/02/2000 05:13 PM 
---------------------------
   
	Enron North America Corp.
	
	From:  Laynie East                           08/02/2000 04:48 PM
	

To: Brian Vass/HOU/ECT@ECT
cc: Hope Vargas/HOU/ECT@ECT, Thomas Myers/HOU/ECT@ECT 
Subject: NSM

Brian,

I left you a voicemail about meeting to discuss the NSM information but in 
case we miss each other today, here is what we have.

-  Per Tab 25, page 2 and Schedule A of the contract, Enron owns 40,992,500 
shares.

-  The attached schedule shows interest calculated through July 31, 2000 for 
the Series C Notes.  On March 13, 1999, the interest rate was increased by 
1.5% per Tab 20, page 5 of the contract.

 

Please call if you would like to discuss further.

Thanks,
Laynie
x3-3131