----- Forwarded by Elizabeth Sager/HOU/ECT on 06/11/2001 10:49 AM -----


	Edward Sacks/ENRON@enronXgate 06/11/2001 07:06 AM 	   To: Elizabeth Sager/HOU/ECT@ECT, William S Bradford/ENRON@enronXgate, Tracy Ngo/ENRON@enronXgate  cc: Veronica Gonzalez/ENRON@enronXgate  Subject: SoCal Edison - Margin Call - Proposed Trust Agreement	


SoCal may have some issues providing margin in the form of L/Cs and cash due to bank and forbearance restricitions.  Attached is a proposal to provide collateral through a Trust Acct structure.  Please review.

Ed Sacks

 -----Original Message-----
From: 	Benny.Wu@sce.com@ENRON [mailto:IMCEANOTES-Benny+2EWu+40sce+2Ecom+40ENRON@ENRON.com] 
Sent:	Friday, June 08, 2001 7:13 PM
To:	Sacks, Edward
Cc:	Jill.Horswell@sce.com
Subject:	SCE proposed Trust Agreement

Mr. Sacks

Here's the SCE proposed Trust Agreement for your review.  Please note that
it is in DRAFT form subject to changes.

(See attached file: Enron Trust.doc)

We will be contacting you on Monday for your response.

Thanks...

Benny Wu
Southern California Edison Company
Phone 626-302-3230
Fax 626-302-3254
 - Enron Trust.doc