Pursuant to a Purchase and Sale Agreement, dated November 22, 1999, among 
Columbia Energy Services Corporation ("Columbia"), certain affiliates of 
Columbia and ENA, Columbia has sold and assigned to ENA certain assets, 
including but not limited to:   (i) certain Master Agreements (financial 
trading) and the transactions thereunder; and (ii) certain Columbia financial 
transactions that are not covered by a Columbia Master Agreement (financial 
trading).    We are in the process of transferring the Columbia transactions 
to ENA Master Agreements and terminating the Columbia Master Agreements, when 
possible.  

 Received Today
 We have received the executed Transfer and Termination Agreement between ENA 
and Conoco Inc. ("Conoco"), dated effective as of January 1, 2000.   This 
agreement terminates the ISDA Master Agreement between Columbia and Conoco, 
dated as of January 26, 1998, and transfers the Transactions thereunder to 
the ISDA Master Agreement between ENA and Conoco, dated as of  March 28, 1996.

 We have received the executed Transfer and Termination Agreement between ENA 
and Morgan Stanley Capital Group Inc. ("Morgan Stanley"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Morgan Stanley, dated as of May 1, 1997, and transfers 
the Transactions thereunder to the Master Energy Price Swap Agreement between 
ENA and Morgan Stanley, dated as of  June 16, 1992.
 

 Previously Received

 We have received the executed Assignment Agreement between ENA and Bank of 
Montreal ("BOM"), dated effective as of January 18, 2000.   This agreement 
terminates the ISDA Master Agreement between Columbia and BOM, dated as of 
October 24, 1997, and transfers the Transactions thereunder to the ISDA 
Master Agreement between ENA and BOM, dated as of November 15, 1996. 

 The ISDA Master Agreement between Canadian Imperial Bank of Commerce 
("CIBC") and Columbia Energy Services Corporation, dated as of July 15, 1998, 
will remain in place but will be inactive.   No trades can be done under this 
Master Agreement.   All trades between ENA and CIBC should be done under the 
ISDA Master Agreement between ENA and CIBC, dated as of October 1, 1994.    

 We have received the executed Transfer and Termination Agreement between ENA 
and Dynegy Marketing and Trade, f/k/a Natural Gas Clearinghouse ("Dynegy"), 
dated effective as of January 1, 2000.   This agreement terminates the ISDA 
Master Agreement between Columbia and Dynegy, dated as of December 1, 1998, 
and transfers the Transactions thereunder to the Master Agreement between ENA 
and Dynegy, dated as of January 27, 1992.
 We have received the executed Transfer and Termination Agreement between ENA 
and Duke Energy Trading and Marketing, L.L.C. ("Duke"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Duke, dated as of January 8, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between ENA and Duke, 
dated as of October 17, 1997.
 We have received the executed Transfer and Termination Agreement between ENA 
and Entergy Power Marketing Corp. ("Entergy"), dated effective as of January 
1, 2000.   This agreement terminates the ISDA Master Agreement between 
Columbia and Entergy, dated as of December 4, 1997, and transfers the 
Transactions thereunder to the Master Agreement between ENA and Entergy, 
dated as of December 9, 1996.
 We have received the executed Transfer and Termination Agreement between ENA 
and Merchant Enery Group of the Americas, Inc. ("MEGA"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and MEGA, dated as of July 6, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between ENA and MEGA, 
dated as of May 14, 1998. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Paribas, dated effective as of January 1, 2000.   This agreement 
terminates the ISDA Master Agreement between Columbia and Paribas, dated as 
of July 1, 1997, and transfers the Transactions thereunder to the Amended and 
Restated ISDA Master Agreement between ENA and Paribas, dated as of June 28, 
1995.  

 We have received the executed Transfer and Termination Agreement between ENA 
and Reliant Energy Services, Inc.("Reliant"), f/k/a NorAm Energy Services, 
Inc., dated effective as of January 1, 2000.   This agreement terminates the 
ISDA Master Agreement between Columbia and Reliant, dated as of April 27, 
1998, and transfers the Transactions thereunder to the ISDA Master Agreement 
between ENA and Reliant, dated as of October 15, 1993.

 We have received the executed Transfer and Termination Agreement between ENA 
and Southern Company Energy Marketing, L.P. ("Southern"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Southern, dated as of December 1, 1998, and transfers 
the Transactions thereunder to the ISDA Master Agreement between ENA and 
Southern, dated as of June 1, 1994.

 We have received the executed Transfer and Termination Agreement between ENA 
and Tenaska Marketing Ventures ("Tenaska"), dated effective as of January 1, 
2000.   This agreement terminates the ISDA Master Agreement between Columbia 
and Tenaska, dated as of January 26, 1998, and transfers the Transactions 
thereunder to the ISDA Master Agreement between ENA and Tenaska, dated as of 
January 19, 1995. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Tractebel Energy Marketing, Inc. ("Tractebel"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Tractebel, dated as of January 26, 1998, and transfers 
the Transactions thereunder to the ISDA Master Agreement between ENA and 
Tractebel, dated as of December 9, 1997. 

 We have received the executed Transfer and Termination Agreement between ENA 
and TXU Energy Trading Company ("TXU"), f/k/a Enserch Energy Services, Inc., 
dated effective as of January 1, 2000.   This agreement terminates the ISDA 
Master Agreement between Columbia and TXU, dated as of January 26, 1998, and 
transfers the Transactions thereunder to the ISDA Master Agreement between 
ENA and TXU, dated as of October 19, 1995. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Western Gas Resources, Inc. ("Western Gas"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Western Gas, dated as of March 20, 1998, and transfers 
the Transactions thereunder to the Master Agreement between ENA and Western 
Gas, dated as of March 1, 1994.

 We have received the executed Transfer and Termination Agreement between ENA 
and Williams Energy Marketing & Trading Company ("Williams"), f/k/a Williams 
Energy Services Company, f/k/a Williams Energy Derivatives and Trading 
Company, dated effective as of January 1, 2000.   This agreement terminates 
the ISDA Master Agreement between Columbia and Williams, dated as of February 
8, 1998, and transfers the Transactions thereunder to the ISDA Master 
Agreement between ENA and Williams, dated as of June 18, 1993.