<< Ledford - Titan Option to Purchase.DOC>>

Per Fred's email, please find attached hereto the Ledford-Titan Option to
Purchase for your review.  Please call with any questions.

 -----Original Message-----
 From: Fred.Mitro@enron.com [SMTP:Fred.Mitro@enron.com]
 Sent: Friday, September 29, 2000 5:39 PM
 To: karen.way@piperrudnick.com
 Cc: Kay.Mann@enron.com; Kathleen.Carnahan@enron.com;
Rusty.Stevens@enron.com
 Subject: Pontiac Option Agreement - Final Versions

 Karen:

 Please forward an electronic version (in Microsoft Word) of the
execution
 copy of both the Fehr and Ledford Option Agreements to Kay Mann with
a cc
 to Kathleen Carnahan, myself, and Rusty.

 Thanks

 Fred




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 -  Ledford - Titan Option to Purchase.DOC