Footnote 8

1411. Insider Causey did not disclose to Enron that the accounting for the Cochisetransaction was inconsistent with GAAP or otherwise misleading at the Board meetings on July 21,August 10-11, October 12-13, December 8, 1998, and February 8, 1999, at the Finance Committeemeetings on August 10, October 12, and December 7, 1998, or at the Executive Committee meetingson November 2 and December 18, 1998 (during which Causey discussed the Cochise transactionwith the Committee).1412. Insider Fastow did not disclose to Enron that the accounting for the Cochisetransaction was inconsistent with GAAP or otherwise misleading at the Board meetings on July 21,August 10-11, December 8, 1998, and February 8, 1999, at the Finance Committee meetings onAugust 10, October 12, and December 7, 1998, or at the Executive Committee meetings onSeptember 11, November 2, November 23, and December 18, 1998.1413. Insider McMahon did not disclose to Enron that the accounting for the Cochisetransaction was inconsistent with GAAP or otherwise misleading at the Board meetings on July 21,August 10-11, and December 8, 1998, at the Finance Committee meetings on August 10,October 12, and December 7, 1998, or at the Executive Committee meeting on November 2, 1998.Teresa1414. The Insiders did not disclose to Enron that the accounting for the Teresa transaction,which was executed approximately March 21, 1997, was inconsistent with GAAP or otherwisemisleading.1415. The Insiders did not disclose to Enron that the accounting for the Teresa transactionwas inconsistent with GAAP or otherwise misleading during an Executive Committee meeting onMarch 25, 1997, at which the project was discussed, or during a Finance Committee meeting onFebruary 9, 1998, in which the project appeared on a list of 1997 transactions.604041v1/007457-447-