Further to our conversation, with regards to the contracts, ENA prefers  two separate agreements one for each enitity. For accounting and legal reasons two agreements are necessary.  I will prepare a draft   for Kentucky Utilities Company if you wish to move forward.  Let me have your thoughts regarding this issue.


Regards,
Debra Perlingiere
Enron North America Legal
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron
713-853-7658
713-646-3490 Fax