Message-ID: <32631115.1075851674826.JavaMail.evans@thyme>
Date: Fri, 2 Feb 2001 03:57:00 -0800 (PST)
From: todd.creek@truequote.com
To: andy.zipper@enron.com
Subject: True Quote
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Andy,

Per your request, I have outlined below the key terms of the most recent
equity transaction.

On September 8, 2000, PG&E invested $2 million in return for 7,500,000
shares ($.2667/share).
Enron's shares outstanding net of clawback equal 7,268,058 * .2667 = $1,
938,391.
Total shares outstanding as of 2/1/01 equal 31,440,896.

Please call if you have any questions.

Thanks,
Todd A. Creek
p.502-212-4902
f. 502-212-4907
todd.creek@truequote.com