FW: Statement about forbearance agreement letter to SCE

FYI. We can discuss further on Monday. You may see something in the press about it.

Best,
Jeff

-----Original Message-----
From: Denne, Karen
Sent: Friday, September 28, 2001 6:04 PM
To: Palmer, Mark A. (PR); Dasovich, Jeff; Kean, Steven J.; Shapiro, Richard
Cc: Denne, Karen; Meyer, Vance; Philipp, Meredith; Thode, Eric; Mansfield, Shelly
Subject: Statement about forbearance agreement letter to SCE

An attorney for Reliant sent a letter on behalf of five Southern California Edison creditors (Reliant, Mirant, Dynegy, Enron, Puget Sound Energy) to SCE today requesting a meeting to discuss the terms of a forbearance agreement. The following is the statement we are using with the media:

We are interested in getting paid and in discussing constructive solutions. This letter is aimed at advancing that. We have no plans at this time to participate as a petitioning creditor in an involuntary bankruptcy filing. In fact, this letter is an attempt to avoid bankruptcy.