FYI
---------------------- Forwarded by Tana Jones/HOU/ECT on 08/27/99 02:47 PM 
---------------------------


William S Bradford
08/27/99 01:30 PM
To: Tana Jones/HOU/ECT@ECT
cc: Molly Mathes/HOU/ECT@ECT 
Subject: Merger of NationsBank and Bank of America - Enron Corp.

Tana,

Please add Molly Mathesto your legal distribution lists.

Thanks,
Bill

-------------------- Forwarded by William S Bradford/HOU/ECT on 08/27/99 
01:29 PM ---------------------------


Susan Flynn
08/27/99 11:00 AM
To: Clement Abrams/Corp/Enron@Enron, William S Bradford/HOU/ECT@ECT, Debbie R 
Brackett/HOU/ECT@ECT, Nidia Mendoza/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, 
Brant Reves/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT, 
Patricia Cini/HOU/ECT@ECT, Tracy Ngo/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT, 
Tracy Ngo/HOU/ECT@ECT, Lesli Campbell/HOU/ECT@ECT, Marie Heard/HOU/ECT@ECT, 
Sara Shackleton/HOU/ECT@ECT, Mark - ECT Legal Taylor/HOU/ECT@ECT, Shari 
Stack/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Carol St 
Clair/HOU/ECT@ECT, Mary Solmonson/HOU/ECT@ECT, Marilyn Colbert/HOU/ECT@ECT, 
Yolanda Cordova-Gilbert/HOU/ECT@ECT, Diane Ellstrom/HOU/ECT@ECT, Lynn E 
Shivers/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, Bill D Hare/HOU/ECT@ECT, 
Robert B Cass/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT, Leslie 
Reeves/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Samuel Schott/HOU/ECT@ECT, 
Anthony Campos/HOU/ECT@ECT, Julie Meyers/HOU/ECT@ECT, Mary G 
Gosnell/HOU/ECT@ECT, Bernice Rodriguez/HOU/ECT@ECT, Connie 
Sutton/HOU/ECT@ECT, Bob Bowen/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT, 
Lucy Ortiz/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, 
Melba Lozano/HOU/ECT@ECT, Andrea R Guillen/HOU/ECT@ECT, Larry Joe 
Hunter/HOU/ECT@ECT, Willie Harrell/HOU/ECT@ECT, David Dupre/HOU/ECT@ECT, 
Chris Walker/HOU/ECT@ECT
cc:  
Subject: Merger of NationsBank and Bank of America - Enron Corp.

Re:  Enron Corp.

 We have received a letter agreement from Bank of America setting forth the 
terms of the referenced merger as they relate to our ISDA Master Agreements 
currently in place with Enron Corp. and each of  Bank of America and 
NationsBank.  Credit and Legal have agreed to the terms set forth therein.
 
1. On July 5, 1999, NationsBank, N.A. ("NationsBank") changed its name to 
Bank of America, N.A.
2. On July 23, 1999, Bank of America National Trust and Savings Association 
("BofA") merged with Bank of America,  N.A. and the surviving bank is named 
Bank of America, National Association.

Effective July 23, 1999, as a result of the merger, the following will 
occurr:  

1. The ISDA Master Agreement, dated February 8, 1995,  between Enron Corp. 
and  and NationsBank, N.A.  will remain in place.  Bank of America, National 
Association as successor by merger, shall be our counterparty.

2. The ISDA Master Agreement, dated February 4, 1994 and effective as of 
August 14, 1992,  between Enron Corp. and Bank of America National Savings 
and Trust Association  is terminated.  Any existing trades under this 
agreement shall be transferred to the ISDA  Agreement under number 1 above.

 A copy of the letter agreement will be distributed.