Attached for your review and comment is our form of Schedule to the 
referenced agreement.   We are reviewing the draft ISDA which you sent to Rod 
Nelson of our Credit Department.   

 By facsimile, I am sending each of you a copy of our resolutions authorizing 
financial trading. 

 Please call either Sara Shackleton, Esq. at (713) 853-5620 (email: 
sara.shackleton@enron.com) or me at (713) 853-0975 with your questions or 
comments.   We look forward to hearing from you.