We have received an executed financial master agreement:

Type of Agreement:		ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:			September 27, 2001

Enron Entity:			Enron North America Corp.

Counterparty:			Tall Tree Lumber Company

Transactions Covered:		Approved for all products with the exception of:  Foreign Exchange

Confirming Entity:		Enron North America Corp.

Governing Law:			Texas

Special Handling:		No special handling requirements

Copies will be distributed.


Stephanie Panus
Enron Wholesale Services
ph:  713.345.3249
fax:  713.646.3490