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I have just learned that the information on our declaring political force
majeure for the Phase II testing issue was premature. We have not made the declaration and, assuming it happens, it probably won't occur before late morning India time tomorrow. Consequently, please keep this information Extremely confidential. Scott, I know you will need to talk with Mark Koenig, but otherwise ask that we not discuss this with anyone outside this group. Thanks, John ---------------------- Forwarded by John Ambler/ENRON_DEVELOPMENT on 04/04/2001 12:50 PM --------------------------- John Ambler 04/04/2001 11:41 AM To: Scott Vonderheide@Enron cc: Steven J Kean/NA/Enron@Enron, Mark Palmer@ENRON, Karen Denne@ENRON, Johan Zaayman/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Statements on India Actions Scott, Per our discussion, attached are the statements relating to our recent actions in India. They include GoI conciliation and arbitration notice, exercising GoM guarantees for January bill and accumulated "clean" interest, and declaration of political force majeure (PFM) over Phase II testing. We expect press coverage on all of these item. However, I am not sure that they have picked up on the PFM declaration, so I would appreciate your not proactively using the statement until we confirm that the information is out on this issue. As the issues and our legal actions unfold I will continue to keep you informed. As you know, we are trying to keep this information extremely tight until we have taken action. Thanks, John
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