Mark,

I just received a call from Kelley Lavourne, a trader with Amerada Hess, 
asking me to update him on the ISDA status. He has interest in trading 
financials in New York power via EOL. He was told by his attorneys that you 
were working on it from Enron's end. Kelley wanted to find out if there was 
anything he needs to do on his end to speed up the process. Any update you 
could give me would be appreciated. Thanks.

Rob Stalford
Manager
East Power Trading 
853-6768