Beth Ann:

Here's the support sent by UBS.  You may already have already reviewed.  Sara
----- Forwarded by Sara Shackleton/HOU/ECT on 12/20/2000 08:23 AM -----

	Christine.Lee@ubsw.com
	12/20/2000 07:52 AM
		 
		 To: Sara.Shackleton@enron.com
		 cc: Clint.Freeland@enron.com, Jim.Armogida@enron.com, Jeff.Nogid@enron.com, 
Ryan.Siurek@enron.com, Clint.Walden@enron.com
		 Subject: eitf meeting minutes attached


     Sara,

     As per your request, attached are the minutes.  Bullet points 36 and
     37 refer to the subject of having an ongoing obligation.

     Regards,
     Christine


______________________________ Reply Separator 
_________________________________
Subject: markup of forward confirmation
Author:  Sara.Shackleton (Sara.Shackleton@enron.com) at unix,mime
Date:    12/19/00 4:09 PM


Christine:

Attached are Enron Corp.'s comments to your form of forward.  I'll try to
have Jeff and'or Clint available for a conversation.  Thanks.  Sara

(See attached file: UBS Forward.DOC)

 - MINUTE~4.DOC

Visit our website at http://www.ubswarburg.com

This message contains confidential information and is intended only
for the individual named.  If you are not the named addressee you
should not disseminate, distribute or copy this e-mail.  Please
notify the sender immediately by e-mail if you have received this
e-mail by mistake and delete this e-mail from your system.

E-mail transmission cannot be guaranteed to be secure or error-free
as information could be intercepted, corrupted, lost, destroyed,
arrive late or incomplete, or contain viruses.  The sender therefore
does not accept liability for any errors or omissions in the contents
of this message which arise as a result of e-mail transmission.  If
verification is required please request a hard-copy version.  This
message is provided for informational purposes and should not be
construed as a solicitation or offer to buy or sell any securities or
related financial instruments.