Chris:

Regarding Tanya's comment No. 3 below, is there a problem referencing the 
assignment to Brazos if the VPP is consummated?  Please let me know.  Thanks.


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com
----- Forwarded by Sara Shackleton/HOU/ECT on 05/29/2001 08:40 AM -----

	Tanya Rohauer/ENRON@enronXgate
	05/29/2001 08:05 AM
		 
		 To: Diane Anderson/NA/Enron@Enron
		 cc: Sara Shackleton/HOU/ECT@ECT
		 Subject: RE: KCS - VC0917 & VC09

Comments:

1. We should not have a threshold for these transactions - only KCS
2. Do we need to reference that the Master has been amended in the opening 
paragraph
3. Is there any way to reference the assignment to Brazos?  I just want to 
make sure everyone understands that there are two outcomes for these deals on 
Jun 15:  1) Termination if VPP not done or 2) assignment of swap to Brazos if 
VPP is done.  There should never be a time where ENA has a trades with KCS 
beyond Jun 15.

Thanks,
Tanya

 -----Original Message-----
From:  Anderson, Diane  
Sent: Friday, May 25, 2001 4:08 PM
To: Rohauer, Tanya; Bailey, Derek
Subject: KCS - VC0917 & VC09

Attached please see for your review the KCS confirms with the additional
provision provided by Sara Shackelton:

 << File: KCS-VC0917.1.doc >>  << File: KCS-VC0975.1.doc >> 

-Diane