Gerald,

This is the format, although we have not received an executed copy yet.

Russell


---------------------- Forwarded by Russell Diamond/HOU/ECT on 02/14/2001 
11:35 AM ---------------------------
   


From:  Russell Diamond                                                        
     01/05/2001 02:48 PM	
	
	
	                           
	

To: "McGeachie, Ryan" <RyanMcGeachie@aec.ca> @ ENRON
cc:  
Subject: Re: AEC Guaranty - $25MM

Ryan,

One addition, please make sure you enter the Counterparty as "Enron North 
America Corp."

Thanks
Russell


---------------------- Forwarded by Russell Diamond/HOU/ECT on 01/05/2001 
02:43 PM ---------------------------
   


From:  Russell Diamond                                                        
     01/05/2001 02:45 PM	
	
	
	                           
	

To: "McGeachie, Ryan" <RyanMcGeachie@aec.ca> @ ENRON
cc:  
Subject: Re: AEC Guaranty - $25MM  

Ryan,

I can confirm that this guaranty is acceptable and you can have it signed 
off.  I received the Enron Corp guaranty amendments today and will be mailing 
it to you today.

Thanks
Russell





"McGeachie, Ryan" <RyanMcGeachie@aec.ca> on 01/04/2001 11:51:55 AM
To: "'russell.diamond@enron.com'" <russell.diamond@enron.com>
cc:  
Subject: AEC Guaranty - $25MM


I have confirmed that we are acceptable to your requested changes.  Please
confirm that the attached is acceptable and I will have it signed off.
<<Guarante AMUS by AEC.doc>>

Ryan McGeachie
Alberta Energy Company Ltd.
Credit Analyst
(403) 691-5794
(403) 290-8530 (Fax)
Email: ryanmcgeachie@aec.ca


 - Guarante AMUS by AEC.doc