RE: Hainan

Great job! Mark

=09Bruce Lundstrom@ENRON_DEVELOPMENT
=0904/06/2001 11:24 AM
=09=09=20
=09=09 To: Mark E Haedicke@ECT, Rob Walls/ENRON@enronXgate
=09=09 cc:=20
=09=09 Subject: RE: Hainan

Mark/Rob -

Good news is hard to come by these days in the Enron emerging market world =
so=20
I thought that I would pass this along.

We still need to work on repatriation/conversion issues to get our money ou=
t=20
but at least it sits safely in an Enron account in the meantime.

Bill Krenz worked very hard on this matter under trying circumstances. The=
=20
head of the HEPCO negotiating team through a cup at our business guy, Don=
=20
Bunnell, and shattered a tea pot. Shards from the pot hit Don in the face=
=20
and he had to be hospitalized. He is apparently fine now.

Bruce

---------------------- Forwarded by Bruce Lundstrom/ENRON_DEVELOPMENT on=20
04/06/2001 11:19 AM ---------------------------

William Krenz
04/06/2001 10:05 AM
To: Christopher B Hunt/ENRON@enronXgate @ ENRON
cc: Christopher B Hunt/ENRON_DEVELOPMENT@ENRON, Bruce=20
Lundstrom/ENRON_DEVELOPMENT=20

Subject: RE: Hainan =20

No bank gty was necessary afterall. Although it's a bit complicated, Hepco=
=20
initiated what amounted to 8 separate wires today, 6 of which hit today, an=
d=20
two of which will hit Monday (we have chopped confirmation from the relevan=
t=20
banks that the last two wires were initiated, but it was too late in the=20
business day to get the funds today). At day's end RMB 271 million of RMB=
=20
341million hit today. We'll follow up Monday for the rest, but dont=20
anticipate any problem.
Bill

From: Christopher B Hunt/ENRON@enronXgate on 04/06/2001 08:27 AM
To: William Krenz/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christopher B=20
Hunt/ENRON_DEVELOPMENT@ENRON, Bruce=20
Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: =20

Subject: RE: Hainan

Congratulations!=01; You guys deserve a lot of credit.
=01;
What happened with the last 1/12th of the money they were having a hard tim=
e=20
getting ready in time?
=01;
Chris

-----Original Message-----=20
From: Krenz, William=20
Sent: Fri 4/6/2001 12:52 AM=20
To: Christopher B Hunt/ENRON_DEVELOPMENT@ENRON; Lundstrom, Bruce; James A=
=20
Hughes/ENRON_DEVELOPMENT@ENRON=20
Cc:=20
Subject: Hainan

Believe it or not, we closed with Hepco this morning.

Bill