---------------------- Forwarded by Kay Mann/Corp/Enron on 01/25/2001 04:18 
PM ---------------------------
   
	
	
	From:  Kathleen Carnahan                           01/25/2001 10:21 AM
	

To: Reagan Rorschach/NA/Enron@Enron
cc: Kay Mann/Corp/Enron@Enron 

Subject: Revised Option for North Carolina

Reagan,

Attached is the revised North Carolina form of Option.  It has been confirmed 
that the Option renewal payments must not exceed 5% of the purchase price.

.