Tana, can you let me know if you can take care of this request from Valero? 
Thank you  3-0543
---------------------- Forwarded by Larry Gagliardi/Corp/Enron on 05/11/2000 
02:28 PM ---------------------------
Dale Neuner @ ECT   05/11/2000 08:59 AM

To: Larry.gagliardi@enron.com
cc:  

Subject: Re: isda

Larry -

Please forward your request to Tana Jones, a paralegal who will certainly get 
this to the right place. Tana can be reached at 3-3399.

Dale


---------------------- Forwarded by Dale Neuner/HOU/ECT on 05/11/2000 08:55 
AM ---------------------------


Larry Gagliardi@ENRON
05/11/2000 08:20 AM
To: Dale Neuner/HOU/ECT@ECT
cc:  
Subject: Re: isda

Dale, Pat  Markey referred me to you. Valero sent me this request, can you 
process it or tell me who can?
---------------------- Forwarded by Larry Gagliardi/Corp/Enron on 05/11/2000 
08:10 AM ---------------------------


wilsonj@valero.com on 05/10/2000 09:40:12 AM
To: larry.gagliardi@enron.com
cc: bowersk@valero.com, bhaecker@valero.com 

Subject: Re: isda


Thanks for your call this morning.  I was in the middle of legging some gas
cracks and had to go.

Before we begin trading with you, we need to execute an ISDA.  I am
attaching a copy of our standard schedule.  We have this agreement in place
with all of the major dealers; and so, in general, we will not accept
substantial changes to the agreement, particularly with regard to credit
terms.

Again,  thanks for your call, and I look forward to dealing with you in the
future.

John
----- Forwarded by John Wilson/PEUSA on 05/10/2000 09:37 AM -----


(See attached file: Schedule 5500.doc)



 - Schedule 5500.doc