---------------------- Forwarded by Derek Lee/EU/Enron on 05/18/2001 06:59 PM 
---------------------------


Edmund Cooper@ECT
05/18/2001 06:49 PM
To: Derek Lee/EU/Enron@Enron
cc: Simon Brooks/LON/ECT@ECT 

Subject: JP Morgan/Goldman Sachs - Repos of US Treasuries

Derek,

Following our earlier conversation, the GMRA with JP Morgan Securities Ltd. 
does not currently provide for trading repos on US Securities. The GMRA with 
Goldman Sachs International does.

Regards, Emdund