Ms. Midura:

Pursuant to your request, attached is our form master netting agreement.  Please do not hesitate to contact Steve Van Hooser (713/853-7238; steve.van.hooser@enron.com) with any questions or comments.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com