Re:  El Paso counterparty name change

---------------------- Forwarded by Jennifer Bagwell/NA/Enron on 01/04/2001 
02:42 PM ---------------------------
From: Tana Jones@ECT on 01/04/2001 02:28 PM
To: Bob Bowen/HOU/ECT@ECT, Laurel Adams/HOU/ECT@ECT, Andrea R 
Guillen/HOU/ECT@ECT, Larry Joe Hunter/HOU/ECT@ECT, Gordon 
Heaney/Corp/Enron@ENRON, Janie Aguayo/HOU/ECT@ECT, Derek 
Bailey/Corp/Enron@ENRON, Diane Anderson/NA/Enron@Enron, Kevin 
Meredith/Corp/Enron@ENRON, Scott Tackett/Corp/Enron@Enron, Celeste 
Cisneros/NA/Enron@Enron, Tiffany Williams/NA/Enron@Enron, Kim S 
Theriot/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT, 
William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Tanya 
Rohauer/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Tracy Ngo/PDX/ECT@ECT, Lesli 
Campbell/HOU/ECT@ECT, Veronica Espinoza/Corp/Enron@ENRON, Paul 
Radous/Corp/Enron@ENRON, Wendi LeBrocq/Corp/Enron@Enron, Russell 
Diamond/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron, 
Nidia Mendoza/HOU/ECT@ECT, Bradley Diebner/HOU/ECT@ECT, Wendy 
Conwell/NA/Enron@ENRON, Brent Hendry/NA/Enron@Enron, Sara 
Shackleton/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, 
Susan Bailey/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Samantha 
Boyd/NA/Enron@Enron, Robert Bruce/NA/Enron@Enron, Stephanie 
Panus/NA/Enron@Enron, Marilyn Colbert/HOU/ECT@ECT, Diane 
Ellstrom/HOU/ECT@ECT, Lynn E Shivers/LON/ECT@ECT, Bill D Hare/HOU/ECT@ect, 
Leslie Reeves/HOU/ECT@ECT, Jason Moore/HOU/ECT@ECT, Dianne Seib/CAL/ECT@ECT, 
Samuel Schott/HOU/ECT@ECT, Anthony Campos/HOU/ECT@ECT, Bernice 
Rodriguez/HOU/ECT@ECT, Mary G Gosnell/HOU/ECT@ECT, Dale Neuner/HOU/ECT@ECT, 
Karen Lambert/HOU/ECT@ECT, Frank L Davis/HOU/ECT@ECT, Carrie 
Southard/LON/ECT@ECT, Amber Ebow/HOU/ECT@ECT, Adnan Patel/Corp/Enron@ENRON, 
Melissa Ann Murphy/HOU/ECT@ECT, Stacey Richardson/HOU/ECT@ECT, Lisa 
Lees/HOU/ECT@ECT, Georgi Landau/NA/Enron@ENRON
cc: Jeffrey T Hodge/HOU/ECT@ECT, Jennifer Bagwell/NA/Enron@ENRON, Taffy 
Milligan/HOU/ECT@ECT 

Subject: Merger - El Paso Merchant Energy, L.P.

We have received copies of a Certificate of Merger filed with the Delaware 
Secretary of State on 12/22/00, effective 12/31/00, wherein El Paso Merchant 
Energy-Gas, L.P. (Global Counterparty #72297), a Delaware limited 
partnership, merged with and into El Paso Merchant Energy, L.P. (Global 
Counterparty #53350), a Delaware limited partnership, with El Paso Merchant 
Energy, L.P. (Global Counterparty #53350) as the surviving corporation.

By virtue of this merger, the ISDA Master Agreement dated 12/01/99 should now 
reflect El Paso Merchant Energy, L.P. as the Counterparty.  In connection 
with this merger, Credit will be getting a new parent guaranty from the 
Counterparty.  Upon its receipt, copies will be distributed.

Copies of the Certificate of Merger will be distributed.