Martin and Orjan:

Thank you for responding to my message.  I still need to know WHO will 
EXECUTE the confirmation on behalf of Enron Nordic Energy (Norwegian Branch 
of Enron Capital & Trade Resources International Corp.?  Clara is here in 
Houston and cannot sign for that entity.

Please advise.

Sara 



	Orjan Agdesteen
	12/13/2000 02:16 AM
		
		 To: Sara Shackleton/HOU/ECT@ECT
		 cc: Clara Carrington/HOU/ECT@ECT, Trond Branem Hansen/OSL/ECT@ECT
		 Subject: Re: Rho/Drift/Benchmark & Hedge Management Fee


Sara
Regarding the contract Clara Currington is currently working on a new 
arrangement to hedge 100% instead of 90 %.

Regards,
Orjan






Martin Rosell
13/12/2000 08:59
To: Orjan Agdesteen/OSL/ECT@ECT, Trond Branem Hansen/OSL/ECT@ECT
cc:  

Subject: Rho/Drift/Benchmark & Hedge Management Fee

F"rmodligen n+got f"r Er att besvara.

Martin
---------------------- Forwarded by Martin Rosell/OSL/ECT on 2000-12-13 09:00 
---------------------------
From: Sara Shackleton on 2000-12-12 18:07 CST
To: Justin Boyd/LON/ECT@ECT, Martin Rosell/OSL/ECT@ECT, Hege 
Kleven/OSL/ECT@ECT, Berit Lokken/OSL/ECT@ECT
cc: Laurel Adams/HOU/ECT@ECT 

Subject: Rho/Drift/Benchmark & Hedge Management Fee

All:  

To whom should Risk Management & Trading Corp. ("RMT") direct the swap 
confirmation related to RMT's hedge management fee with Enron Nordic Energy 
(Norwegian branch of Enron Capital & Trade Resources International Corp.)?  
The previous transaction was dated February 24, 1999 and requires amendment.

Please let me know. 

Sara