Bob -

Here is a revised version of the Memo to Prebon.  Please let me know if there 
are any further changes or comments.  If not, I will forward this to Lee and 
Nanette, together with the applicable Exhibit A.




Mark
Senior Counsel, ENA
Phone:     713-345-8897
Facsimile: 713-646-3940
E-Mail:      Mark.Greenberg@enron.com