Message-ID: <8410850.1075855243172.JavaMail.evans@thyme>
Date: Thu, 6 Dec 2001 07:13:48 -0800 (PST)
From: clement.abrams@enron.com
To: kay.mann@enron.com
Subject: Investment Company Act
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Kay,

This is the language generally offered by Mr. Derrick with respect to the '40 Act.  Please call if you have any questions.

Enron is not an "investment company" within the meaning of the Investment Company Act of 1940, as amended.

Clem