----- Forwarded by Sara Shackleton/HOU/ECT on 05/18/2000 09:35 AM -----

	Susan Bailey
	05/16/2000 08:17 AM
		 
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: 
		 Subject: Puget Sound Energy Agreement

Sara,

Steve Morus @ Puget Sound asked that I forward the attached on to you for 
review and comment.

Advise if I may of assistance.
 
Susan 

----- Forwarded by Susan Bailey/HOU/ECT on 05/16/2000 08:15 AM -----

	"Morus, Steve" <smorus@puget.com>
	05/15/2000 05:05 PM
		 
		 To: "'Bailey, Susan (Enron North Am)'" <susan.bailey@enron.com>
		 cc: 
		 Subject: Puget Sound Energy Agreement


Susan,
Per our phone discussion, please forward the attached agreement (in two
files) to Sara Shackleton.  As I've previously discussed with Sara, the
executables have been routed upstairs for signature by our executives.  I
will mail them to you as soon as they are signed.  In the meantime, the
attached files are intended to give you all a jump on your review.  Please
call if you have any questions.  I can be reached at 425 462-3688, or on my
pager at 888 731-9937.
Thanks,
-Steve Morus

 <<Master Agmt for Swap Transactions.DOC>>  <<Annex A for Swaps Merged
version.doc>>

 - Master Agmt for Swap Transactions.DOC
 - Annex A for Swaps Merged version.doc