Message-ID: <30314904.1075852835132.JavaMail.evans@thyme>
Date: Wed, 26 Sep 2001 09:19:37 -0700 (PDT)
From: m..presto@enron.com
To: rogers.herndon@enron.com
Subject: RE: NY - Zone J Force Majeure Exposure (WTC Related)
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Presto, Kevin M. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=KPRESTO>
X-To: Herndon, Rogers </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rherndo>
X-cc: 
X-bcc: 
X-Folder: \KPRESTO (Non-Privileged)\Sent Items
X-Origin: Presto-K
X-FileName: KPRESTO (Non-Privileged).pst

How exactly are we exposed?

 -----Original Message-----
From: 	Herndon, Rogers  
Sent:	Wednesday, September 26, 2001 9:56 AM
To:	Presto, Kevin M.; Lavorato, John
Cc:	Misra, Narsimha
Subject:	NY - Zone J Force Majeure Exposure (WTC Related)



Kevin & John -

We will likely experience significant exposure as a result of force majeure related to the recent WTC events.  A preliminary assessment is as follows:

Total exposure $7MM - $10MM.  This assumes we lose the entire contractual commitment.

Largest Exposure:  American Express - approximately $5.5 - $6.0 MM
Mass Market Customers: - approximately $1.5 MM

I am also anticipating additional credit related exposure.

We are assessing this exposure and will be determining how best to mitigate.

Rogers