Enron Europe has asked that they be given a power of attorney to sign 
standard form trading guarantees. Jim Derrick and Ben Glisan have approved 
this. Attached is the form of guaranty they want to use. Does this form seem 
appropriate to you? Thanks!
---------------------- Forwarded by Scott Sefton/HOU/ECT on 09/29/2000 11:25 
AM ---------------------------


Mark Evans
09/29/2000 08:29 AM
To: Scott Sefton/HOU/ECT@ECT
cc:  
Subject: Corp guarantee


Scott,

sorry for the delay. Here is the standard form Corp guarantee we would 
propose to execute in the UK to support trading operations.

Look forward to hearing from you further.

Hope all is well.

     Mark




---------------------- Forwarded by Mark Evans/Legal/LON/ECT on 29/09/2000 
14:31 ---------------------------


Justin Boyd
29/09/2000 12:30
To: Mark Evans/Legal/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc:  

Subject: Corp guarantee

This would cover both financial and physical trades (i.e. ECTRL and ECTRIC), 
and whether under a master or otherwise

J