We intend to start officializing a gas book for our Enron Direct business starting July 3rd.  From this officialized book credit, VAR, cashflows and positions can be pulled.  It will be a relatively flat book because every deal with a 3rd party has been backed with our trading desk.  The name of the book in FT-CAND-DIRECT.  There will be a consolidated price and basis book and an index book.  The portfolio code is 6*.  The currrent MTM of the portfolio is approx $1M USD and is comprised of about 10 different counterparties.  The positions and VAR should be reported under McKay.

Kathy
Please call if you have any questions (403-974-675)