Footnote 8

of the security inerest that is the subject of Count 28A hereof, are referred to herein as the “BarclaysPreferential Transfers.”895. To the extent Colonnade, Besson Trust and/or JGB Trust are found to be mereconduits of the transfers for which the initial transferees or beneficiaries are marked with an asteriskin the foregoing table, Barclays Bank or Barclays Metals was the initial transferee of those transfersand the other defendants identified in the fourth column of the table were subsequent transferees ofthose transfers.896. Although some of the Barclays Preferential Transfers were related to agreementsdesignated as “swap” agreements, these transfers were actually payments on disguised loans and theagreements were not genuine “swaps.”897. The Barclays Preferential Transfers constitute transfers of interests in property ofEnron and/or ENA.898. Each of the Barclays Preferential Transfers was made to or for the benefit of theentities listed in the third column of the foregoing table as initial transferees or beneficiaries.899. Each of the Barclays Preferential Transfers was made to or for the benefit of acreditor for or on account of an antecedent debt owed by Enron and/or ENA before the transfer wasmade.900. Upon information and belief, at the time each of the Barclays Preferential Transferswas made, Enron and/or ENA were insolvent for purposes of section 547(b) of the BankruptcyCode.901. Each of the Barclays Preferential Transfers enabled the transferees to receive morethan they would have received if the case were a case under chapter 7 of the Bankruptcy Code, thetransfers had not been made, and the transferees received payment of their debts to the extentprovided by the Bankruptcy Code.604041v1/007457-336-