----- Forwarded by Susan Flynn/HOU/ECT on 05/22/2000 09:47 AM -----

	Susan Flynn
	05/22/2000 09:12 AM
		 
		 To: Jefferson D Sorenson/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Andrea R 
Guillen/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, David P Dupre/HOU/ECT@ECT, 
Chris Walker/HOU/ECT@ECT, Jarrod Cyprow/HOU/ECT@ECT, Pamela 
Sonnier/HOU/ECT@ECT, Sheetal Patel/HOU/ECT@ECT, Souad 
Mahmassani/Corp/Enron@ENRON, Gordon Heaney/Corp/Enron@ENRON, Kevin 
Meredith/Corp/Enron@ENRON, Derek Bailey/Corp/Enron@ENRON, Bruce 
Mills/Corp/Enron@ENRON, Jean Bell/HOU/ECT@ECT, Harry Bucalo/HOU/ECT@ECT, 
Charlie Hoang/HOU/ECT@ECT, Bob Bowen/HOU/ECT@ECT, William S 
Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Nidia 
Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Rod 
Nelson/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, John 
Suttle/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Molly 
Harris/HOU/ECT@ECT, Christopher Smith/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, 
Molly Harris/HOU/ECT@ECT, Kevin P Radous/Corp/Enron@Enron@ECT, Veronica 
Espinoza/Corp/Enron@ENRON, Edward Sacks/Corp/Enron@Enron, Wendi 
LeBrocq/Corp/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Mark 
Taylor/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Carol 
St Clair/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, Marilyn 
Colbert/HOU/ECT@ECT, Yolanda Cordova-Gilbert/HOU/ECT@ECT, Diane 
Ellstrom/HOU/ECT@ECT, Lynn E Shivers/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, 
Bill D Hare/HOU/ECT@ect, Jason Moore/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, 
Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, Anthony 
Campos/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, 
Bernice Rodriguez/HOU/ECT@ECT, Connie Sutton/HOU/ECT@ECT, Karen 
Lambert/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, Anthony Campos/HOU/ECT@ECT, 
Carrie Southard/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Sheri 
Thomas/HOU/ECT@ECT, Lisa Gillette/HOU/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Adnan 
Patel/Corp/Enron@ENRON, Stephanie Sever/HOU/ECT@ECT
		 cc: 
		 Subject: Assignment and Amendment of ISDA Master Agreement with Delmarva 
Power & Light Company

 We have received the executed Assignment and Amendment of ISDA Master 
Agreement, dated as of May 1, 2000, between Delmarva Power & Light Company 
("Delmarva"), Conectiv Energy Supply, Inc. ("Conectiv Energy")  and ENA.    
This agreement   (i) assigns all of Delmarva's right, title and interest in 
and to the ISDA Master Agreement, dated as of March 12, 1998,  between ENA 
and Delmarva to Conectiv Energy, (ii) amends  the "Threshold Amount" in Part 
1(b) of the Schedule to $100,000,000 for ENA, Conectiv Energy, and each of 
their Credit Support Providers, (iii) adds in certain other legal form 
changes, and (iv) adds a counterparty Guaranty issued by Conectiv (Conectiv 
Energy's Credit Support Provider) in favor of ENA in the amount of 
$10,000,000.   Copies of the documents will be distributed.