See attached from New Jersey Natural Gas.


 -----Original Message-----
From: 	Kalbacher Adrienne <ahkalbacher@njresources.com>@ENRON  
Sent:	Wednesday, October 24, 2001 9:31 AM
To:	Panus, Stephanie
Cc:	Vanek, Darren
Subject:	RE: Enron Corp. Guaranty


Stephanie - Attached are NJNG's comments on your guaranty.  Please review and let me know if these changes are acceptable.
Please note, the guaranty references the ISDA.  I submitted comments to you on 9/24/01 for an ISDA/CSA between our companies. Would you please give me the status of this review?
Thank you. 
Adrienne Kalbacher 
Contracts Manager 
(302) 455-9282 
-----Original Message----- 
From: Panus, Stephanie [mailto:Stephanie.Panus@enron.com] 
Sent: Friday, October 05, 2001 12:26 PM 
To: ahkalbacher@njresources.com 
Subject: Enron Corp. Guaranty 
Adrienne, 
Attached for your review is the form of Enron Corp. Guaranty covering 
ENA in both physical and financial transactions with New Jersey Natural 
Gas. 
 <<nj nat gas2(draft).doc>> 
Stephanie Panus 
Senior Legal Specialist 
Enron Wholesale Services 
1400 Smith Street, EB3803C 
Houston, Texas  77002 
ph:  713.345.3249 
fax:  713.646.3490 
email:  stephanie.panus@enron.com 
********************************************************************** 
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. 
********************************************************************** 
  
 - Enron guaranty to NJNG 10 24 01.doc