Re: NSM Expenses

please print out this e-mail w/ the attachment and file
---------------------- Forwarded by Richard B Sanders/HOU/ECT on 02/24/2000
04:36 PM ---------------------------

Frank Lobdell@ENRON_DEVELOPMENT
02/23/2000 05:36 PM
To: Richard B Sanders@ECT, Twanda Sweet@ECT
cc: Christopher B Hunt/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ann
Brown/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
Subject: Re: NSM Expenses

Attached is further detail of the first file sent in the message below.

Please call me if you have any questions.

Thanks,
Frank (ext. 6-7831)
---------------------- Forwarded by Frank Lobdell/ENRON_DEVELOPMENT on
02/23/2000 05:27 PM ---------------------------

Frank Lobdell
02/16/2000 11:11 AM
To: Christopher B Hunt/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:

Subject: Re: NSM Expenses

Chris,

The attached schedule details the $1.3 million of costs incurred on the NSM
Power Plant Project. Note that until December 1999 these costs were deferred
costs on our balance sheet. In December, however, we wrote these costs off.

Thanks,
Frank

Christopher B Hunt
02/16/2000 06:37 AM
To: Frank Lobdell
cc:

Subject: NSM Expenses

PRIVILEGED AND CONFIDENTIAL

Frank -

Would it be possible to get a printout of all the expenses incurred on the
NSM Power Plant AFE? An itemized list and total would be perfect if that is
possible. I need the list because ECT is being sued over their involvement
and one allegation would be helped if we can prove that we were very
committed to making the project work (e.g., through spending a lot of time
and money on the power plant).

I'll need this by Tuesday afternoon if possible to give to the ECT
attorneys. Sending it by e-mail would be best so I can add a note and
forward it on.

Thanks,

Chris