Footnote 8

Committee meeting on December 8, 1997, a Board meeting on December 9, 1997, a Board meetingon February 1, 1999, and a Board meeting on September 17, 1999.1328. Insider Causey did not disclose to Enron that the accounting for the Nighthawktransaction was inconsistent with GAAP or otherwise misleading at the Finance Committee meetingon December 8, 1997, when Nighthawk was presented, and at the Board meeting on February 1,1999, when the restructuring of Nighthawk was presented.1329. Insider Fastow did not disclose to Enron that the accounting for the Nighthawktransaction was inconsistent with GAAP or otherwise misleading at the Finance Committee meetingon December 8, 1997, when Nighthawk was presented.1330. Insider McMahon did not disclose to Enron that the accounting for the Nighthawktransaction was inconsistent with GAAP or otherwise misleading at Board meetings on February 1and September 17, 1999, when the restructuring of Nighthawk was presented.Nahanni1331. The Insiders did not disclose to Enron that the accounting for the Nahannitransaction, which closed approximately December 17, 1999, was inconsistent with GAAP orotherwise misleading.1332. The Insiders did not disclose to Enron that the accounting for the Nahanni transactionwas inconsistent with GAAP or otherwise misleading at Board meetings in and around the time ofthe transaction (including meetings on November 18 and December 14, 1999), at FinanceCommittee meetings in and around the time of the transaction (including a meeting on December 13,1999, at which the transaction was referenced), and at Executive Committee meetings in and aroundthe time of the transaction (including a meeting on October 20, 1999).1333. Insiders McMahon, Causey, and Fastow did not disclose to Enron that the accountingfor the Nahanni transaction was inconsistent with GAAP or otherwise misleading at the Finance604041v1/007457-432-