Sara,

Apparently Ed Sacks is aware of the ISDA request between ENA and 
Cargill-Alliant for Power swaps ONLY.  As I understand, Ed is very excited 
(walking on the ceiling) to start the credit process with that ISDA.

I am glad I can help you, please call with any other questions you may have.

Russell




From: Sara Shackleton on 11/15/2000 12:19 PM
To: Russell Diamond/HOU/ECT@ECT
cc: Tanya Rohauer/HOU/ECT@ECT 
Subject: ISDA Master Agreements between Enron North America Corp. and 
Cargill, Incorporated and Cargill-Alliant, LLC

Hey, Russell:  Are you handling the "Cargill-Alliant, LLC" credit?  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 11/15/2000 12:18 PM -----

	Mara_Alexander@cargill.com
	11/15/2000 12:14 PM
		 
		 To: sara.shackleton@enron.com
		 cc: 
		 Subject: ISDA Master Agreements between Enron North America Corp. and 
Cargill, Incorporated and Cargill-Alliant, LLC


Dear Sara,

With respect to our recent exchange of voice-mail messages,
I await to receive from you at your earliest opportunity
a draft of the Amendment to the Credit Support Annex between
Enron North America Corp. and Cargill, Incorporated.

I have also been advised by our Credit Department that we are
to begin negotiations on an ISDA Master Agreement between Enron
North America Corp. and Cargill-Alliant, LLC.  We assume the
ISDA being amended above would serve as a basis for this new
Agreement.  Could you please advise if you will also be handling
negotiation of the Cargill-Alliant, LLC ISDA?

Regards,
Mara Alexander
Sr. Documentation Analyst
Cargill, Incorporated
Tel: 952.984.3417
Fax: 952.984.3872
e-mail: Mara_Alexander@Cargill.com