Marlene:

I'll call Lesley with my comments.  

What is the second attachment called "Cancellable" relating to Captiva III 
Finance CBO?
Sara



	"Lue, Marlene P." <Marlene.Lue@bmo.com>
	12/19/2000 04:10 PM
		 
		 To: "'sara.shackleton@enron.com'" <sara.shackleton@enron.com>
		 cc: 
		 Subject: Right to Termination provision in Confirmation


As per your discussions with Lesley Charkow, attached is our proposed
provision with the changes as discussed with Lesley.

We would appreciate your prompt response as a few Confirmations are pending
our agreement to this provision.

Best regards,

Marlene Lue
Bank of Montreal
Analyst, Treasury Credit
Ph:  (416) 956-2144
Fax:  (416) 956-2318
e-mail:  marlene.lue@bmo.com

 <<MKT-Out-CONFIRM'92.doc>>

 - MKT-Out-CONFIRM'92.doc