Please call me when you arrive.  Thanks


 -----Original Message-----
From: 	Perlingiere, Debra  
Sent:	Friday, October 19, 2001 5:11 PM
To:	Mims, Patrice L.
Subject:	Central Illinois Confirm


 I would like to use the following for the Flexible Pricing.   The last sentence  regarding the keep whole verbiage I think you will want to delete this as it does not allow for Force Majeure.

 FLEXIBLE PRICING: During the Period of Delivery for a Transaction, Customer may request a price other than the original Contract Price, being a Fixed Price or (each below defined) by contacting Company during Pricing Hours requesting any such price for a specified quantity of Gas to be Scheduled during selected Months within the Period of Delivery; provided, such request must be made prior to 12:00 noon C.T. of the last Business Day prior to the last trading Day of the NYMEX Gas futures contract for the selected Month.  A Confirmation may be sent by Company to Customer confirming the Flexible Pricing agreement in accordance with Exhibit "A" "Fixed Price" means a fixed dollar amount agreed to by the Parties.  The price for all Gas for which a Flexible Price has not been agreed by the Parties shall be the original Contract Price applicable to the Transaction.  "Notwithstanding anything to the contrary contained in this Confirmation or the GTC, upon Customer's acceptance of Fixed Price, Customer shall keep whole and hold Company harmless for all cost and expenses incurred by Company with respect to the quantity of Gas that is converted into a Fixed Price, in the event that such quantity of Gas is not Scheduled by Customer for any reasons, including without limitation events of Force Majeure.

For the Section "Daily Pricing for Physical for Physical Call Option"  

Daily Pricing means the "Daily Midpoint" price set forth in Gas Daily
 Platts, a division of The McGraw-Hill Companies, or successor publication, in the column "Daily Price Survey" under the listing applicable to the geographic location closest in proximity to the Delivery Point(s) for the relevant gas day.  If there is no single "Daily Midpoint" price published for that particular Gas Day, but there is published a "Common" range of prices under the above column and listing, then the Spot Price shall be the average of such "Common" high and low prices.  In the event that no 'Daily Midpoint" price or "Common" range of prices is published for that particular Gas Day, then the Spot Price shall be the average of the following: the price (determined as stated above) for each of the first Gas Day immediately preceding and following the Gas Day in which the default occurred for which a Spot Price can be determined.

Let  me know what you think.

dp

Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
Debra.Perlingiere@enron.com
713-853-7658
713-646-3490 Fax