Vince,   These spreadsheets have the most up to date numbers for the Raptor 
structures.   The summary sheet summarizes the assets and liabilities in all 
four.

--Stinson


---------------------- Forwarded by Stinson Gibner/HOU/ECT on 02/02/2001 
04:10 PM ---------------------------


Rakesh Bharati@ENRON
02/02/2001 10:27 AM
To: Stinson Gibner/HOU/ECT@ECT
cc:  
Subject: Raptor Position Reports for 1/29/01



---------------------- Forwarded by Rakesh Bharati/NA/Enron on 02/02/2001 
10:30 AM ---------------------------
From: Gordon McKillop on 01/31/2001 09:36 AM
To: Rakesh Bharati/NA/Enron@Enron
cc:  

Subject: Raptor Position Reports for 1/29/01


----- Forwarded by Gordon McKillop/NA/Enron on 01/31/2001 09:35 AM -----

	Gordon McKillop
	01/30/2001 03:58 PM
		 
		 To: Ben F Glisan/HOU/ECT@ECT, Andrew S Fastow/HOU/ECT@ECT, Richard 
Causey/Corp/Enron@ENRON, Rick Buy/HOU/ECT@ECT, Greg Whalley/HOU/ECT@ECT
		 cc: Barry Schnapper/Corp/Enron@Enron, Andrea V Reed/HOU/ECT@ECT, Ryan 
Siurek/Corp/Enron@ENRON, Kevin D Jordan/Corp/Enron@ENRON, Michael 
Kopper/HOU/ECT@ECT, Chris Loehr/HOU/ECT@ECT, Anne Yaeger/HOU/ECT@ECT, Rodney 
Faldyn/Corp/Enron@Enron, Ron Baker/Corp/Enron@ENRON, 
amy.flores@ljminvestments.com, L'Sheryl Hudson/HOU/ECT@ECT, Wes 
Colwell/HOU/ECT@ECT, Kevin Howard/Enron Communications@Enron Communications, 
David Port/Market Risk/Corp/Enron@ENRON, Jordan Mintz/HOU/ECT@ECT, Maria 
LeBeau/HOU/ECT@ECT, David Maxwell/HOU/ECT@ECT, Susie Ayala/HOU/ECT@ECT, Hope 
Vargas/HOU/ECT@ECT, Bob Butts/GPGFIN/Enron@ENRON, Marnie Lamb/NA/Enron@Enron
		 Subject: Raptor Position Reports for 1/29/01



The Raptor I credit capacity is $ (110.8) million as a result of the Merlin 
Credit Derivative ($63) and Heartland Steel ($38) being reflected in the MPR 
for 1/29.

Raptor IV has a notional capacity of $522 million available.