Veronica:
Please fax me copies of the LC's.  What do they support?  What is our exposure under each contract?  What other trading relationships does Enron have with these entities?

Carol St. Clair
EB 4539
713-853-3989 (phone)
713-646-3393 (fax)
281-382-1943 (cell phone)
8774545506 (pager)
281-890-8862 (home fax)
carol.st.clair@enron.com

 -----Original Message-----
From: 	Gonzalez, Veronica  
Sent:	Tuesday, December  18, 2001 6:52 PM
To:	St. Clair, Carol
Cc:	Brackett, Debbie R.; Reasoner, Monica; Conwell, Wendy
Subject:	LC Cancellations
Importance:	High

Carol,

Sapient Energy Corp. and Edison Mission Marketing & Trading, Inc. have requested their Letter of Credit to be cancelled.  Please advise.

Details:
Sapient Energy Corp issued  to Enron North America Corp. in the amount $1,250,000, expiry 1/03/02

Edison Mission Marketing & Trading, Inc. issued to Enron Power Marketing, Inc. in the amount $10,000,000, expiry 1/31/02


Thanks,
Veronica