Attached is the NetWorks term sheet. I understand that a completly new PPM 
should be coming out today.
---------------------- Forwarded by Scott Sefton/HOU/ECT on 07/25/2000 11:01 
AM ---------------------------


Gareth Bahlmann
07/24/2000 02:14 PM
To: Scott Sefton/HOU/ECT@ECT
cc:  
Subject: Term Sheet


---------------------- Forwarded by Gareth Bahlmann/HOU/ECT on 07/24/2000 
02:02 PM ---------------------------


"Astin, Ronald T." <RAstin@velaw.com> on 07/24/2000 11:23:18 AM
To: "'Bolner, Mike (Chase)'" <michael.bolner@chase.com>, "'MacEachron, Susan 
(Chase)'" <Susan.MacEachron@chase.com>, "Walker, Rick (Chase)" 
<richard.walker@chase.com>, "'nancy.marshall@chase.com'" 
<nancy.marshall@chase.com>, "Brown, Bill W. (Director-Enron)" 
<bill.w.brown@enron.com>, "'Coulter, Jodi'" <Jodi.Coulter@enron.com>, 
"Bahlmann, Gareth (Enron)" <gareth.bahlmann@enron.com>, "Osterberg, Edward" 
<eosterberg@velaw.com>, "Ho, Wendy" <who@velaw.com>, "Douglas, Stephen 
(Enron)" <stephen.h.douglas@enron.com>, "'Michael.K.Patrick@enron.com'" 
<Michael.K.Patrick@enron.com>
cc:  
Subject: Term Sheet


Attached is a revised version of the Net Works Term Sheet, marked to show
additional Enron changes from Friday's version.  A clean version will follow
shortly.

 <<274897_6.DOC>>

 - 274897_6.DOC
---------------------- Forwarded by Gareth Bahlmann/HOU/ECT on 07/24/2000 
02:02 PM ---------------------------


"Astin, Ronald T." <RAstin@velaw.com> on 07/24/2000 11:37:46 AM
To: "'Bolner, Mike (Chase)'" <michael.bolner@chase.com>, "'MacEachron, Susan 
(Chase)'" <Susan.MacEachron@chase.com>, "Walker, Rick (Chase)" 
<richard.walker@chase.com>, "'nancy.marshall@chase.com'" 
<nancy.marshall@chase.com>, "Brown, Bill W. (Director-Enron)" 
<bill.w.brown@enron.com>, "'Coulter, Jodi'" <Jodi.Coulter@enron.com>, 
"Bahlmann, Gareth (Enron)" <gareth.bahlmann@enron.com>, "Osterberg, Edward" 
<eosterberg@velaw.com>, "Ho, Wendy" <who@velaw.com>, "Douglas, Stephen 
(Enron)" <stephen.h.douglas@enron.com>, "'Michael.K.Patrick@enron.com'" 
<Michael.K.Patrick@enron.com>
cc:  
Subject: Term Sheet (corrected)


Please ignore the previous version sent a few minutes ago.  I corrected the
typos in this one.  Clean copy follows.

 <<274897_6.DOC>>

Ronald T. Astin
Vinson & Elkins L.L.P.
1001 Fannin Street, 23rd Floor
Houston, Texas 77002
Ph: (713) 758-3615
Fax: (713) 615-5457
RAstin@velaw.com


 - 274897_6.DOC
---------------------- Forwarded by Gareth Bahlmann/HOU/ECT on 07/24/2000 
02:02 PM ---------------------------


"Astin, Ronald T." <RAstin@velaw.com> on 07/24/2000 11:40:01 AM
To: "'Bolner, Mike (Chase)'" <michael.bolner@chase.com>, "'MacEachron, Susan 
(Chase)'" <Susan.MacEachron@chase.com>, "Walker, Rick (Chase)" 
<richard.walker@chase.com>, "'nancy.marshall@chase.com'" 
<nancy.marshall@chase.com>, "Brown, Bill W. (Director-Enron)" 
<bill.w.brown@enron.com>, "'Coulter, Jodi'" <Jodi.Coulter@enron.com>, 
"Bahlmann, Gareth (Enron)" <gareth.bahlmann@enron.com>, "Osterberg, Edward" 
<eosterberg@velaw.com>, "Ho, Wendy" <who@velaw.com>, "Douglas, Stephen 
(Enron)" <stephen.h.douglas@enron.com>, "'Michael.K.Patrick@enron.com'" 
<Michael.K.Patrick@enron.com>
cc:  
Subject: Term Sheet (Clean)


Here is the clean copy of the term sheet with today's Enron revisions.

 <<274897_7.DOC>>

 - 274897_7.DOC