Enron Mail

To:david.parquet@enron.com, christopher.calger@enron.com,brian.redmond@enron.com, cris.sherman@enron.com, wes.colwell@enron.com, john.lavorato@enron.com, mark.haedicke@enron.com, greg.whalley@enron.com, david.gorte@enron.com, chip.schneider@enron.com,
Subject:Addendum to Roseville FASH
Date:Tue, 15 May 2001 14:22:00 -0700 (PDT)

Please be advised that, through the distribution of this email, Global
Finance is adding the following language to the Roseville FASH dated May 9,

Add at the end of item 2: Investment terms and pricing; Financing terms and

As indicated in the DASH, the $44.6MM represents the total amount requested
for expenditures on project soft costs, as defined by accounting. None of
these dollars may be expended for hard costs, as defined by accounting,
thereby preserving the ability to finance the power plant off balance sheet.
Any additional project expenditures (including commitments) which may be
requested through another DASH (for turbine payments as mentioned in this
DASH or any new amounts) must be incurred by a financing vehicle/structure
which will allow this power project to be financed off Enron's balance sheet.

Lisa Bills