Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 02/16/2001 02:08 PM -----

	John Suttle
	01/19/2001 10:04 AM
		
		 To: Jane McBride/AP/Enron@ENRON
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: Re: ISDA and Enron Corp. Guarantee

Darren Delage is the interest rate/fx trader in your office - I presume he 
has been in contact with Australia and New Zealand Bank.  He will have 
details on the transaction, but it sounds like we will have several 
transactions on a go-forward basis.  I presume this is why the counterparty 
is requesting a guaranty and an ISDA.



Jane McBride@ENRON
01/18/2001 07:18 PM
To: John Suttle/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT 
Subject: Re: ISDA and Enron Corp. Guarantee  

A few questions but firstly which commercial person here in Tokyo knows about 
this?  Where can I get the background to and full explanation of the deal?  
Thanks.

Jane McBride
Senior Legal Counsel
Enron Japan Corp.

Otemachi 1st Square Bldg.
West 11th Floor
1-5-1 Otemachi, Chiyoda-ku
Tokyo 100-0004
Japan

URL:        www.enron.co.jp

Tel.:       81-3-5219-4500 (Main)
            81-3-5219-4553 (Direct)
Fax:        81-3-5219-4510

Assistant (Maggy Yamanishi)
Tel.:       81-3-5219-4554          
Email:      Yo.Yamanishi@enron.com



	John Suttle@ECT
	2001/01/19 08:05
		 
		 To: Jane McBride/AP/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: ISDA and Enron Corp. Guarantee

Jane - 

Attached is a worksheet in response to a request from  Australia New Zealand 
Bank for an ISDA and Enron Corp. guaranty covering FX trading.  The contact 
is Michael Midden, whose e-mail is below.  I said we would e-mail the draft 
documents to him for comments.  

Please let me know if you have any questions.

John





---------------------- Forwarded by John Suttle/HOU/ECT on 01/19/2001 01:02 
AM ---------------------------


"Midden, Michael" <mmidden@anz.com> on 01/18/2001 10:31:14 AM
To: "'john.suttle@enron.com'" <john.suttle@enron.com>
cc:  
Subject: Enron Corp. Guarantee


John,

Australia New Zealand Bank has put in place FX limits for Enron North
America Inc.(on behalf of Enron Japan) of USD 2 million (R/13 months) and
the corresponding USD 27.5 million in settlement limits (R/3-day) (subject
the full guarantee of Enron Corporation). It would be greatly appreciated if
you could assist us in implementing a guarantee from Enron Corp. to support
these trading lines.

Regards,

Michael Midden