We have received the following executed Master Agreement:


Type of Contract:  ISDA Master Agreement (Multicurrency-Cross Border)

Effective Date:   February 10, 1999

Enron Entity:   Enron North America Corp.

Counterparty:   Christiania Bank og Kreditkasse ASA

Transactions Covered:  Approved for all products except:     pulp and paper




PLEASE NOTE:   Counterparty is a multibranch party; it may act through the 
following branch offices:     Oslo (head office), Bergen (Norway), London, 
New York and Singapore.







Susan D. Flynn
Enron North America Corp.
1400 Smith Street, EB3806
Houston, Texas  77002
Phone:  713-853-0975
Fax:  713-646-3490