We have received an executed First Amendment to Master Agreement (the "First 
Amendment"), dated effective September 18, 2000, between Enron North America 
Corp. and Classic Resources Inc. ("Classic").  The First Amendment amends the 
"Threshold" contained in Section 1 of Annex A - Credit Support Annex by 
increasing Classic's threshold from $250,000 to $1,000,000.

Copies will be distributed.

Stephanie Panus