Message-ID: <846119.1075846356494.JavaMail.evans@thyme> Date: Wed, 16 Aug 2000 20:06:00 -0700 (PDT) From: john.ambler@enron.com Subject: Japan Power Plant Statement - Read this one Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: John Ambler X-To: Steven J Kean@EES, Mark Koenig@ENRON, Paula Rieker@ENRON, Mark Palmer@ENRON X-cc: X-bcc: X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\Japan X-Origin: KEAN-S X-FileName: skean.nsf Commencing with an NHK (Japanese public TV) report and quickly spreading to media inquiries and wire reports, earlier today a story spread through Japan that the Enron affiliate E Power has immediate plans to build at least one large (1000 MW) power plant. In fact, it appears that E Power has been pursuing this prospect, but nothing has progressed to executive management or board approval. We are using the following statement to respond to media inquiries: Enron and its affiliates, including E Power, continuously look at a number of projects around the world. There is a good deal of advance preparation and various factors that need to be evaluated before these projects can progress forward through approvals. Therefore, it is Enron's practice not to comment on these projects until they reach a sufficiently advanced stage of development to have a significant prospect for success. Enron and/or E Power do not have a power project in Japan which is sufficiently advanced to warrant comment at this time. We will keep you apprised of further significant developments. John