Message-ID: <25326401.1075844935125.JavaMail.evans@thyme> Date: Mon, 6 Mar 2000 12:33:00 -0800 (PST) From: john.goodpasture@enron.com To: stanley.horton@enron.com, bill.cordes@enron.com, rod.hayslett@enron.com, drew.fossum@enron.com, dave.neubauer@enron.com, rockey.storie@enron.com, mary.miller@enron.com, lou.potempa@enron.com, dwight.larson@enron.com, michael.moran@enron.com, sarabeth.smith@enron.com, michael.ratner@enron.com Subject: Reliant Energy - Confidentiality Agreement Cc: kathy.campos@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: kathy.campos@enron.com X-From: John Goodpasture X-To: Stanley Horton, Bill Cordes, Rod Hayslett, Drew Fossum, Dave Neubauer, Rockey Storie, Mary Kay Miller, Lou Potempa, Dwight Larson, Michael Moran, Sarabeth Smith, Michael Ratner X-cc: Kathy Campos X-bcc: X-Folder: \Stanley_Horton_1\Notes Folders\All documents X-Origin: HORTON-S X-FileName: shorton.nsf Mike Moran was able to get the securities "standstill" provision removed from the CA. It has now been signed by us and returned for execution by Reliant. Kathy Campos will send to each of you in the morning, a letter we just received that describes the transaction process. We are to review an Information Memorandum (to be provided ASAP) and respond with a non-binding indication of interest by 5:00 PM, March 15. The assets are being offered either as a total package, or in any subset(s), broken down as follows: Reliant Energy Gas Transmission and Mississippi River Transmission (to be viewed together as a single asset) Reliant Energy Field Services Reliant Energy Arkla Reliant Energy Minnegasco Bidders can submit separate offers for different subsets of assets (i.e. one offer for the whole package, and different offers for separate assets). If we are selected to go on to the next phase, data room visits of 2 days each will begin on or about March 20. REI will expect binding offers by April 20, with final execution of a definitive agreement in late April/early May. I will disseminate the Information Memoranda as soon as received. JNG To: "Archer, Scott (IBK-DAL)" cc: Subject: Reliant Energy - Confidentiality Agreement Scott, As we discussed, a signed CA was faxed to your office this evening. Two signed originals will be delivered by courier in the morning to Mr. Rufus Scott for execution by Reliant. We look forward to receiving the Information Memoranda as soon as possible, so that we can comply with the time schedule for this transaction. Regards, John Goodpasture