Alberta PPA Auction

Please circulate as appropriate in Portland. Mark
----- Forwarded by Mark E Haedicke/HOU/ECT on 08/21/2000 01:21 PM -----

Peter Keohane
08/21/2000 11:56 AM

To: IT Calgary
cc: John J Lavorato/Corp/Enron@Enron, Mark E Haedicke/HOU/ECT@ECT
Subject: Alberta PPA Auction

Please send the following message to all of Enron Canada (Calgary/Toronto).
By copy, I will let John or Mark decide if anything needs to be circulated in
Houston/Portland.

"The Alberta Power Purchase Auction closed this morning, but is not final
until the Alberta has decided to accept all bids and declare the Winning
Bidders. Nonetheless, various media outlets have and will be calling to
inquire if Enron bid or was successful in bidding on any of the Plants or
Units. I want to again confirm that under the Auction Participation
Agreements and Auction Rules we cannot discuss this matter with any third
parties including the media unless and until Alberta has declared the Winning
Bidders, and this obligation is secured by a significant Letter of Credit and
Guarantee of Enron Corp. Accordingly, all such inquiries are to be referred
to Rob Milnthorp, Derek Davies or Peter Keohane for their handling."