Corinne A. Samon
JPMorganChase
Tel:  212-648-4292
Fax:  212-648-5589

message:  Attached is our response to your suggested form of arbitration 
language.  


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