Message-ID: <11677642.1075843956685.JavaMail.evans@thyme> Date: Thu, 7 Jun 2001 02:26:00 -0700 (PDT) From: mike.mcconnell@enron.com To: thomas.myers@enron.com Subject: Re: Enron Japan Plan Split Cc: jeffrey.shankman@enron.com, brent.price@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: jeffrey.shankman@enron.com, brent.price@enron.com X-From: Mike McConnell X-To: Thomas Myers X-cc: jeffrey.shankman@enron.com, Brent A Price X-bcc: X-Folder: \Mark_McConnell_June2001\Notes Folders\Sent X-Origin: MCCONNELL-M X-FileName: mmcconn.nsf Tom, I am fine with this but our effective date is a call of fairness that depends on your view of the middle east adjustment. I don't want to be hard on this and get back a bigger number on middle east by default. Its up to you and your judgement on what you think is appropriate and or a trade with Europe. I am fine with your ultimate decision. Mike From: Thomas Myers/ENRON@enronXgate on 06/06/2001 06:55 PM To: Mike McConnell/HOU/ECT@ECT cc: Subject: Enron Japan Plan Split Mike, Attached is the proposed plan transfer to EGM for Enron Japan. These amounts have been reviewed and approved by Joe Hirl. We are still working with Enron Europe to gain agreement on the effective date (April 1 or July 1) - will let you know as soon as this is settled. Here's a summary of the Plan Amounts; Split after 2Q EGM Margin* 1Q - 2Q - 3Q 3,750,000 4Q 3,750,000 2001 7,500,000 Expense 1Q - 2Q - 3Q 3,366,377 4Q 3,366,377 2001 6,732,754 EBIT 1Q - 2Q - 3Q 383,623 4Q 383,623 2001 767,246 If we end up with an April 1 transfer, EGM will be kept whole on plan (will be approx $3.4 MM expense, zero margin). Please advise if you have any questions or wish to discuss this in further detail. Tom Myers 3-0475