We have received an executed financial Master Agreement.

Type of Contract:	Master Agreement (Industrial)

Effective Date:		August 2, 2001

Enron Entity:		Enron Canada Corp.

Counterparty:		Albchem Industries Ltd.

Transactions Covered:	Approved for natural gas and crude oil products.  Not approved for pulp and paper, weather, foreign 				exchange, steel, interest rate and currency or forward rate.

Confirming Entity:	Enron Canada Corp.

Governing Law:		Province of Alberta