Footnote 8

1478. The Insiders did not disclose to Enron that the accounting for the Hawaii transactionwas inconsistent with GAAP or otherwise misleading at Board meetings in and around the time ofthe transaction (including meetings on December 14, 1999, and February 7-8, 2000), at FinanceCommittee meetings in and around the time of the transaction (including meetings on December 13,1999, and February 7, 2000), and at Executive Committee meetings in and around the time of thetransaction (including meetings on January 20 and March 2, 2000).1479. Insider Causey did not disclose to Enron that the accounting for the Hawaiitransaction was inconsistent with GAAP or otherwise misleading at the Finance Committee meetingon December 13, 1999.1480. Insiders Fastow and McMahon did not disclose to Enron that the accounting for theHawaii transaction was inconsistent with GAAP or otherwise misleading at the Finance Committeemeetings on December 13, 1999, and February 7, 2000.Nigerian Barge1481. The Insiders did not disclose to Enron that the accounting for the Nigerian Bargetransaction, which closed approximately December 29, 1999, was inconsistent with GAAP orotherwise misleading.1482. The Insiders did not disclose to Enron that the accounting for the Nigerian Bargetransaction was inconsistent with GAAP or otherwise misleading at Board meetings in and aroundthe time of the transaction (including meetings on November 5, November 18, and December 14,1999).1483. Insider Causey did not disclose to Enron that the accounting for the Nigerian Bargetransaction was inconsistent with GAAP or otherwise misleading at the Board meeting onDecember 14, 1999.604041v1/007457-459-