Here is the new roll of this Equity Swap.

 -----Original Message-----
From: 	Christine.Lee@ubsw.com@ENRON [mailto:IMCEANOTES-Christine+2ELee+40ubsw+2Ecom+40ENRON@ENRON.com] 
Sent:	Monday, June 18, 2001 4:59 PM
To:	Nogid, Jeff
Subject:	ENE equity swap for 6/18/01

Jeff,

Details of today's trade are as follows:

Trade Date:  			June 18, 2001
Maturity:    			December 18, 2001
Number of Shares:  		205,000
Initial Price:			$44.70
Notional:   			$9,163,500
LIBOR:	 			3.78688% (resets in 3mo)
Spread:     	 		0.95%
Div Rebate (for this period):	1.0943%
All in Rate: 			3.64258%
Next payment date:  		September 18, 2001

Please call me if you have any questions.

Regards,
Christine



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