Footnote 8

information about the company’s cash flow from operating and financing activities, income and netincome, debt and price risk management liabilities, interest expense, and other information, as wellas the financial measures, ratios and other calculations which are derived from or are based uponthese figures.1279. In addition, with respect to these structured finance transactions, the Insidersknowingly made misrepresentations and/or omitted to disclose material information to the companyand/or its Board of Directors at the Board meetings and Board committee meetings listed below, allof which took place prior, or in some cases immediately prior, to the closing of one or more of thestructured finance transactions. Once each of the structured finance transactions listed below closed,and its financial effects were captured initially in Enron’s internal and publicly disseminatedfinancial statements, at no time thereafter did any of the Insiders reveal to the company or its Boardof Directors (1) the true nature and/or purpose of the structured finance transactions, including thatthey had been reported in Enron’s financial statements in a manner that violated GAAP and/or wasotherwise misleading, and/or (2) the wrongful manipulation and misstatement of Enron’s financialstatements directly caused by these structured finance transactions.Roosevelt1280. The Insiders did not disclose to Enron that the accounting for the Roosevelttransaction, which closed approximately December 30, 1998, was inconsistent with GAAP or wasotherwise misleading.1281. The Insiders did not disclose to Enron that the accounting for the Roosevelttransaction was inconsistent with GAAP or otherwise misleading at Board meetings in and aroundthe time of the transaction (including meetings on October 12-13, 1998, and December 8, 1998), atFinance Committee meetings in and around the time of the transaction (including a meeting on604041v1/007457-423-