Attached for your review please find initial drafts of the following
Confirmations:

1. Swap 1 - U.S. Dollar to Sterling Swap between UBS and Trust
2. Swap 2 - Company Contingent U.S. Dollar to Sterling Swap with UBS
3. Swap 3 - U.S. Dollar to Sterling Swap between UBS and Enron
3. Option 1 - Call Option between UBS and Trust
4. Option 2 - Company Contingent Call Option with UBS

Please call Todd Eckland or me with any questions or comments you may have.

Best regards,

Hazel Mukuna

(See attached file: Swap 1 - UBS and Trust.doc)    (See attached file: Swap 2 
-
Enron and UBS..doc) (See attached file: Swap 3 - UBS and Enron.doc)

(See attached file: Option 1 - UBS and Trust.doc)  (See attached file: Option 
2
- Enron and UBS.doc)


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 - Swap 1 - UBS and Trust.doc
 - Swap 2 - Enron and UBS..doc
 - Swap 3 - UBS and Enron.doc
 - Option 1 - UBS and Trust.doc
 - Option 2 - Enron and UBS.doc