Message-ID: <8914768.1075855412414.JavaMail.evans@thyme> Date: Fri, 30 Nov 2001 09:52:21 -0800 (PST) From: stanley.horton@enron.com To: colin.skellett@wessexwater.co.uk Subject: RE: Wessex Weekly Update Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Horton, Stanley X-To: 'Colin Skellett ' X-cc: X-bcc: X-Folder: \Stanley_Horton_Jan2002\Horton, Stanley\Sent Items X-Origin: Horton-S X-FileName: shorton (Non-Privileged).pst Thank you. I feel I have neglected Wessex and you with all that is going on. The truth is that John, Michael and you are very capable of proceeding with little input from me. I did make sure with Corporate Development that Michael had to be involved along with you and your team. Communication here is not the greatest so please keep me updated. Thanks. -----Original Message----- From: Lisa Hobbs @ENRON On Behalf Of Colin Skellett Sent: Friday, November 30, 2001 10:13 AM To: Horton, Stanley Cc: John L Garrison (E-mail); Keith Harris Subject: Wessex Weekly Update Stan As with you I guess, the week has been dominated by the fall out from the Enron problems. We have focused on reassuring suppliers, customers and employees that Wessex Water will continue to trade as a viable business. We have agreed a way forward with Mark Muller and Michael Anderson on the potential sale of Wessex. The intention is a package deal that involves the buyer of Wessex first dealing with the Azurix high yield bonds. Enron/Azurix are appointing a bank to handle the process. We have three serious contenders - WestLB, RBS and Barclays. Due diligence will start at the end of next week/beginning of the following week. I will keep you posted. Colin ********************************************************************** This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the Wessex Water IT Support Centre on: 44-1225-528888 or email support@wessexwater.co.uk This footnote also confirms that this email message has been swept by MIMEsweeper for the presence of computer viruses. www.mimesweeper.com ********************************************************************** _____________________________________________________________________ This message has been checked for all known viruses by the MessageLabs Virus Scanning Service. For further information visit http://www.messagelabs.com/stats.asp