SADAF

FYI---it looks like CMS and Enron are the two shortlisted companies for the
SADAF power/steam opportunity in Eastern Saudi Arabia. You may recall taht
this opportunity could give a good base line income with upsides for energy
management services in a huge petrochemical comples in Eastern Saudi.

We will be receiving clarification questionnaires from SADAF and will meet
with them in the near future.
---------------------- Forwarded by Rick Bergsieker/ENRON_DEVELOPMENT on
12/09/2000 07:50 AM ---------------------------

Enron International

From: Maurizio La Noce 12/09/2000 07:51 AM

To: Rob Stewart/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Terence H
Thorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kevin
Ruffcorn/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: SADAF

Rob,
Intelligence from Saudi:

Sadaf - Cogeneration Plant
?
The two short listed companies are:

Enron/Xenel industries
CMS/Al Zamil

Enelpower has been requested to keep their bond valid until the end of
January, as Sadaf will revert to them if the negotiations with the
shortlisted companies are not successful.
?
More detailed information will follow

Regards