Dave -- Per Elizabeth Sager's voicemail to you earlier, attached are revised documents showing responses to your comments on the Master Netting Agreement and specifying $190 M as the Collateral Threshhold with respect to EPMI in the Amendment.  Please respond to Elizabeth or me with any questions or comments.  --David

  

 -----Original Message-----
From: 	dtmusselman@aep.com@ENRON  
Sent:	Friday, November 02, 2001 11:11 AM
To:	Sager, Elizabeth
Cc:	Portz, David; dtmusselman@aep.com; fhilton@aep.com; dtmusselman@aep.com@ENRON; lrgroff@aep.com; Bradford, William S.; m_sigal@stblaw.com
Subject:	RE:  master netting draft 11-1-01


Attached is a revised Master Setoff.  I have made changes & asked for some
help on a couple of points.  Please review the list of entities, and we are
finalizing our list as well.  We also obviously need clean up some cosmetic
things as well.  Finally, if we can get this done, we have lined up our CFO
to sign this today, and would expect you to be working on identifying your
signatory(ies) as well.  Call me after you have reviewed this.  Thanks.(See
attached file: 86452.DOC)


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