We have received an executed Novation Agreement dated as of October 26, 2001 wherein all of the current Bankers Trust Group financial trades shall be transferred and governed under the ISDA Master Agreement  between Deutsche Bank AG and ENA dated effective as of December 29, 2000.   The Master Agreement between  Bankers Trust Group and ENA shall no longer be in effect.


Global Counterparty:  Please ensure that the ISDA Master Agreement referenced above is attached to this counterparty in EOL.

Confirmation Desk:  Please ensure that all EOL financial confirmations show this counterparty as "Deutsche Bank AG, acting through its New York Branch"


Copies will be distributed.


Samantha M. Boyd
Senior Legal Specialist
Enron Wholesale Services
1400 Smith Street, EB3803
Houston, Texas 77002
Ph:  (713) 853-9188
Fax:  (713) 646-3490