Ms. Marquez:

I am following up regarding the status of our comments to the form of guaranty for Pemex that you provided to Lucy Ortiz.  Please do not hesitate to contact either Francisco Pinto-Leite or me with any questions or comments.  We look forward to hearing your comments.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com


 -----Original Message-----
From: 	Heard, Marie  
Sent:	Monday, July 23, 2001 10:15 AM
To:	'mmax@'
Cc:	Vanek, Darren; Ortiz, Lucy; Breslau, Craig; Leite, Francisco Pinto
Subject:	Pemex Guaranty
Importance:	High

Ms. Marquez:

Attached are an original and blacklined copy of your form of guaranty, which reflect our comments.  Please do not hesitate to contact either Francisco Pinto-Leite, Senior Counsel (713/345-7942; francisco.pinto.leite@enron.com) or me with any questions or comments.  Thank you for your assistance.

Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone:  (713) 853-3907
Fax:  (713) 646-3490
marie.heard@enron.com