Signing of Confirmations

FYI.

How do you think we ought to handle Japan on this topic?

Please call to discuss.

Alan
---------------------- Forwarded by Alan Aronowitz/HOU/ECT on 03/28/2000
03:13 PM ---------------------------

David Minns@ENRON_DEVELOPMENT
03/27/2000 06:29 PM
To: Alan Aronowitz@ECT
cc: Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sue
Frusco/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Signing of Confirmations

Alan further to our discussion last Friday (your Thursday). The current
practice remains whereby confirmations are sent Sue (to be replaced Scott)
for signature. However, in recent times due to Sue's unavailability Heidi has
been called upon to sign confirmations using her backup authority (on approx.
3 occasions).

The report arising from the recent "Project Doorstop" audit of the Sydney
office included recommendations on development of a back office function in
Sydney. This is under active discussion.