Ed:
Rudwell and I would like to talk to you about the form of Trade Guaranty 
Agreement that has been sent to us.  Specifically, we need some clarification 
on how Section 5 works since some new language has been added to the June 1, 
1999 form that we received.  Please call me at your convenience to discuss 
this.  

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com