Credit terms will follow on this proposed master netting arrangement.

						
 

 Guaranties
	Outgoing:
	Original Date:
	12/16/96- Covered Counterparty: ENA covering TXU Energy Trading Company for $20MM of financial business
	4/1/98 -   Covered Counterparty: EPMI covering TXU Energy Trading Company for $30MM of physical power business
	7/1/00 -   Covered Counterparty: ECC and ENA covering TXU Energy Trading Company and TXU EnergyTrading Canada Ltd for $50MM of physical gas and other 		  petroleum related products
	Incoming: All entities guaranteed by TXU Gas Company
	Original Date:
	3/31/2000 - Covered counterparty: TXU Energy Trading Company covering $20MM of ENA financial business.
	10/12/01 - Covered Counterparty: TXU Energy Trading Canada Ltd and TXU Energy Trading Company for $25MM ofphysical and financial natural gas business with 		   ENA and ECC
	5/25/01 - Covered Counterparty: TXU Energy Trading company for $20MM of physical power business with EPMI



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