Message-ID: <5208541.1075851773343.JavaMail.evans@thyme> Date: Sat, 13 Jan 2001 05:42:00 -0800 (PST) From: larry.lawyer@enron.com To: jeff.shankman@enron.com Subject: Freight Presentation to Banks Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Larry.Lawyer@enron.com X-To: jeff.shankman@enron.com X-cc: X-bcc: X-Folder: \Jeffrey_Shankman_Nov2001\Notes Folders\All documents X-Origin: SHANKMAN-J X-FileName: jshankm.nsf Jeff, I wanted to send you a copy of the presentation we have given to the following banks in London last week: ANZ Christiana Chase ING Barings NIB (small niche shipping Dutch bank) BNP Paribas Citibank ABN AMRO I wanted to set up meetings with a combination of Enron's tier 1 banks and niche shipping banks. Andrew Makk, myself, Pierre Aury, Andy James and Simon Crowe (works for Paul Chivers) attended the meetings from Enron's side. Simon did a good job coordinating all the meetings and we were well received in terms of banks agreeing with our value proposition. We marketed to them in regard to being able to provide risk management solutions for their loan portfolio and asked for their input regarding the shipping market today and in the near term. Pierre and Andy were very appreciative of the information and effort to help their business. It was a very good learning experience for the Enron team. We have solid leads with each of the banks. I will let you know if I hear of anything further. On another note we will be meeting with Fuji and CSFB next week to hear their updated input on how best to finance the Jose project. We have also been visiting with multiple people in London related to the Sutton Bridge structure and several new ideas. Andrew and I have also been visiting with Eric Gonzales in regard to our options to extract maximum value as soon as possible from the Jose project. I hope all is well and I sent a similar message to Mike. Regards, -Larry- (See attached file: Banks Jan-01 -- no graphics.ppt) - Banks Jan-01 -- no graphics.ppt