We have received the executed Assignment and Novation of Transactions dated 
June 28, 2000 wherein Statoil Energy Trading, Inc. ("Assignor") assigned its 
interest in certain natural gas wholesale and derivatives transactions with 
Enron North America Corp. to J. Aron & Company ("Assignee").

 A copy of the trades being assigned is attached to the assignment which will 
be distributed to the usual distribution group, plus Bob Klein.