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Steve,
We are still in the final preparations for the hearing tomorrow. Here is the information that I have available right now about ripple claims. Order of Magnitude Obviously the amount of the net ripple claim is determined by the reference price that is used. We have done the calculations for three different reference prices: ISO (August 9th), Seattle ("Fair Price") and Tacoma ("Market Price). The net ripple claims under these different reference prices range from $125M (ISO) to $370 (Seattle). The gross amount of Enron's ripple claims is from $1.2B to $3.1B. I have asked for a counterparty breakout of rippleclaim estimates from Charles River and should have that for you tomorrow. If you have questions, you can reach me on my cell phone a (415) 279-2770. Thanks Gary -----Original Message----- From: Frank, Robert [mailto:Robert.Frank@ENRON.com] Sent: Friday, August 31, 2001 2:10 PM To: Kean, Steven J. Cc: Gary Fergus (E-mail) Subject: ripple claims Steve - see attached list of ripple claimants - there could be more - I will try to get a complete list by Tuesday. Also, Gary Fergus is compiling a list of entities that sold to Enron and the ripple refund amounts. Gary, please send the list to Steve directly - thanks. ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** ======================================================= This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, send an email to postmaster@brobeck.com BROBECK PHLEGER & HARRISON LLP http://www.brobeck.com
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