Message-ID: <2752871.1075857373410.JavaMail.evans@thyme> Date: Tue, 3 Oct 2000 02:21:00 -0700 (PDT) From: enron.announcements@enron.com To: enron.employees@enron.com Subject: The New Power Company; Reserved Share Program Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Enron Announcements X-To: Enron US Employees X-cc: X-bcc: X-Folder: \Errol_McLaughlin_Jun2001\Notes Folders\All documents X-Origin: McLaughlin-E X-FileName: emclaug.nsf Enron U.S. Employees: The period during which Enron U.S. employees were afforded an opportunity to make expressions of interest to acquire shares of common stock of TNPC, Inc, an affiliate of Enron Corp., pursuant to the Reserved Share Program ended on Monday, October 2, 2000. PaineWebber Incorporated will contact all persons who expressed an interest in the Reserved Share Program on or before such expiration date. In connection with such program, the Securities and Exchange Commission has requested that PaineWebber inform participants in the TNPC, Inc. Reserved Share Program that by acknowledging in the Expression of Interest Form for TNPC, Inc. that they have received and read the preliminary prospectus, they have in no way waived any rights under the federal securities laws of the United States. The following statements are required to be included in this E-Mail by the rules and regulations of the Securities and Exchange Commission: "A registration statement relating to the shares has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This E-Mail shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state." "No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind."