Forwarded as a follow-up on my e-mails earlier today (Mary: AEP's effeort to trim out the CSA formthe Master Netting Agr.). --David

 -----Original Message-----
From: 	dtmusselman@aep.com@ENRON  
Sent:	Wednesday, October 31, 2001 1:01 PM
To:	Sager, Elizabeth
Cc:	Portz, David; dtmusselman@aep.com; Bradford, William S.; fhilton@aep.com; lrgroff@aep.com
Subject:	RE: form of master netting


Attached is a redline of the Master Netting Agreement.  We are narrowing it
to limit it to being a set off agreement.  In this way we can avoid having
to go through the threshold issues and collateral management issues, which
in light of the fact we don't have a Collateral Annex are not
insignificant.  Please review it and call me with you comments.  We are
continuing our review and may have additional changes.  In addition, we are
complying a list of the AEP companies which will need to be included.(See
attached file: 86034.DOC)

David Musselman
614.324.5047


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 - 86034.DOC