Attached for your review and approval are the press release announcing the
merger plan with Azurix and a Q&A document. Both have been approved by Mark
Metts and Lance Schuler. Pending signature of the merger agreement tonight,
we plan to release concurrently with Azurix before the market opens tomorrow
If you have any comments or changes, please call Mark Palmer at x34738 before
6 a.m. tomorrow.