---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 02/17/2000 
11:26 AM ---------------------------


Fred Cohagan
02/16/2000 11:26 AM
To: Kellie Metcalf/Corp/Enron@ENRON, Paul Racicot/HOU/ECT@ECT, Berney C 
Aucoin/HOU/ECT@ECT
cc: Elizabeth Sager/HOU/ECT@ECT 
Subject: Revision to SD Warren Term Sheet

Kellie,

Attached is the term sheet you delivered to us with our revisions.  Please 
review and incorporate changes and re-submit for final review and pricing.