Pursuant to a Purchase and Sale Agreement, dated November 22, 1999, among 
Columbia Energy Services Corporation ("Columbia"), certain affiliates of 
Columbia and ENA, Columbia has sold and assigned to ENA certain assets, 
including but not limited to:   (i) certain Master Agreements (financial 
trading) and the transactions thereunder; and (ii) certain Columbia financial 
transactions that are not covered by a Columbia Master Agreement (financial 
trading).    We are in the process of transferring the Columbia transactions 
to ENA Master Agreements and terminating the Columbia Master Agreements, when 
possible.  

 Recently Received 
 We have received the executed Transfer and Termination Agreement between 
ENA, Aquila Risk Management Corporation ("ARMC"), and Utilicorp United 
("Utilicorp"), dated effective as of January 1, 2000.   As of January 1, 
2000, this agreement terminates the ISDA Master  Agreement between Columbia 
and ARMC, dated as of January 16, 1998, and transfers the Transactions 
thereunder to the Master Agreement between ENA and ARMC, dated as of November 
22, 1993 (the "ENA/ARMC Master Agreement").    As of June 21, 2000, this 
Agreement then terminates the ENA/ARMC Master Agreement  and transfers the 
ENA/ARMC Transactions thereunder to the ISDA Master Agreement between ENA and 
Utilicorp, dated as of May 3, 2000.  
 We have received the executed Transfer and Termination Agreement between 
Columbia, ENA,  and Bank of America, N.A. ("BofA"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and BofA, dated as of June 14, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between between ENA and 
BofA, dated as of  February 28, 1992.
 In connection with the execution of the ISDA Master Agreement between ENA 
and J. Aron & Company ("J. Aron"), dated as of August 14, 1998 ("ENA/J. Aron 
Master Agreement"),  a paragraph was added into the  agreement wherein the 
Commodity Price Swap Agreement between Columbia and J. Aron, dated as of 
September 16, 1993, is terminated and the Transactions thereunder are 
transferred to the ENA/J. Aron Master Agreement, effective as of January 1, 
2000.

 We have received the executed Transfer and Termination Agreement between  
ENA and Koch Energy Trading, Inc., f/k/a Koch Gas Services Company  ("Koch"), 
dated effective as of January 1, 2000.   This agreement terminates the ISDA 
Master Agreement between Columbia and Koch, dated as of April 24, 1996, and 
transfers the Transactions thereunder to the ISDA Master Agreement between 
ENA and Koch, dated as of  May 23, 1994.

 We have received the executed Transfer and Termination Agreement between  
ENA and  Oneok Energy Marketing and Trading Company, L.P., 
successor-in-interest to KN Marketing, L.P., successor by assignment to KN 
Trading, Inc. ("Oneok, L.P."), dated effective as of January 1, 2000.   This 
agreement terminates the ISDA Master Agreement between Columbia and Oneok, 
L.P., dated as of January 26, 1998, and transfers the Transactions thereunder 
to the ISDA Master Agreement between ENA and Oneok, L.P. , dated as of  April 
13, 1995.

 We have received the executed Transfer and Termination Agreement between 
Columbia, ENA and  Sempra Energy Trading Corp., f/k/a AIG Trading Corporation 
("Sempra"), dated effective as of January 1, 2000.   This agreement 
terminates the Letter Agreement between Columbia and Sempra, dated as of June 
4, 1993, and transfers the Transactions thereunder to the Master Trading 
Agreement between ENA and Sempra, dated as of February 22, 1996.


 
 Previously Received

 We have received the executed Assignment Agreement between ENA and Bank of 
Montreal ("BOM"), dated effective as of January 18, 2000.   This agreement 
terminates the ISDA Master Agreement between Columbia and BOM, dated as of 
October 24, 1997, and transfers the Transactions thereunder to the ISDA 
Master Agreement between ENA and BOM, dated as of November 15, 1996. 

 The ISDA Master Agreement between Canadian Imperial Bank of Commerce 
("CIBC") and Columbia Energy Services Corporation, dated as of July 15, 1998, 
will remain in place but will be inactive.   No trades can be done under this 
Master Agreement.   All trades between ENA and CIBC should be done under the 
ISDA Master Agreement between ENA and CIBC, dated as of October 1, 1994. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Conoco Inc. ("Conoco"), dated effective as of January 1, 2000.   This 
agreement terminates the ISDA Master Agreement between Columbia and Conoco, 
dated as of January 26, 1998, and transfers the Transactions thereunder to 
the ISDA Master Agreement between ENA and Conoco, dated as of  March 28, 
1996. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Delmarva Power & Light Company ("Delmarva"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Delmarva, dated as of January 26, 1999, and transfers 
the Transactions thereunder to the ISDA Master Agreement between ENA and 
Delmarva, dated as of  March 12, 1998.  

 We have received the executed Transfer and Termination Agreement between ENA 
and Dynegy Marketing and Trade, f/k/a Natural Gas Clearinghouse ("Dynegy"), 
dated effective as of January 1, 2000.   This agreement terminates the ISDA 
Master Agreement between Columbia and Dynegy, dated as of December 1, 1998, 
and transfers the Transactions thereunder to the Master Agreement between ENA 
and Dynegy, dated as of January 27, 1992.
 We have received the executed Transfer and Termination Agreement between ENA 
and Duke Energy Trading and Marketing, L.L.C. ("Duke"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Duke, dated as of January 8, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between ENA and Duke, 
dated as of October 17, 1997.
 We have received the executed Transfer and Termination Agreement between ENA 
and El Paso Merchant Energy-Gas, L.P.  ("El Paso"), dated effective as of 
January 1, 2000.   This agreement terminates (i) the ISDA Master Agreement 
between Columbia and Sonat Marketing Company, L.P., dated as of June 1, 1998, 
and (ii) the ISDA Master Agreement between Columbia and El Paso Energy 
Marketing Company, dated as of January 1, 1998) and transfers the 
Transactions under both of thto the Amended and Restated Master Agreement 
between ENA and El-Paso, dated as of  April 20, 1995.
 We have received the executed Transfer and Termination Agreement between ENA 
and Entergy Power Marketing Corp. ("Entergy"), dated effective as of January 
1, 2000.   This agreement terminates the ISDA Master Agreement between 
Columbia and Entergy, dated as of December 4, 1997, and transfers the 
Transactions thereunder to the Master Agreement between ENA and Entergy, 
dated as of December 9, 1996.
 We have received the executed Transfer and Termination Agreement between ENA 
and Merchant Enery Group of the Americas, Inc. ("MEGA"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and MEGA, dated as of July 6, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between ENA and MEGA, 
dated as of May 14, 1998. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Morgan Stanley Capital Group Inc. ("Morgan Stanley"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Morgan Stanley, dated as of May 1, 1997, and transfers 
the Transactions thereunder to the Master Energy Price Swap Agreement between 
ENA and Morgan Stanley, dated as of  June 16, 1992.

 We have received the executed Transfer and Termination Agreement between ENA 
and Paribas, dated effective as of January 1, 2000.   This agreement 
terminates the ISDA Master Agreement between Columbia and Paribas, dated as 
of July 1, 1997, and transfers the Transactions thereunder to the Amended and 
Restated ISDA Master Agreement between ENA and Paribas, dated as of June 28, 
1995. 

 We have received the executed Transfer and Termination Agreement between ENA 
and PG&E Energy Trading-Gas Corporation ("PG&E"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and PG&E, dated as of January 26, 1998, and transfers the 
Transactions thereunder to the ISDA Master Agreement between ENA and PG&E, 
dated as of  January 15, 1999. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Reliant Energy Services, Inc.("Reliant"), f/k/a NorAm Energy Services, 
Inc., dated effective as of January 1, 2000.   This agreement terminates the 
ISDA Master Agreement between Columbia and Reliant, dated as of April 27, 
1998, and transfers the Transactions thereunder to the ISDA Master Agreement 
between ENA and Reliant, dated as of October 15, 1993.

 We have received the executed Transfer and Termination Agreement between ENA 
and Southern Company Energy Marketing, L.P. ("Southern"), dated effective as 
of January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Southern, dated as of December 1, 1998, and transfers 
the Transactions thereunder to the ISDA Master Agreement between ENA and 
Southern, dated as of June 1, 1994.

 We have received the executed Transfer and Termination Agreement between ENA 
and  Statoil Energy Trading, Inc., assignee of Statoil Energy Services, Inc., 
f/k/a Eastern Energy Marketing, Inc. ("Statoil"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Statoil, dated as of May 20, 1998, and transfers the 
Transactions thereunder to the Master Agreement between ENA and Statoil, 
dated as of  August 26, 1996.

 We have received the executed Transfer and Termination Agreement between ENA 
and Tenaska Marketing Ventures ("Tenaska"), dated effective as of January 1, 
2000.   This agreement terminates the ISDA Master Agreement between Columbia 
and Tenaska, dated as of January 26, 1998, and transfers the Transactions 
thereunder to the ISDA Master Agreement between ENA and Tenaska, dated as of 
January 19, 1995. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Tractebel Energy Marketing, Inc. ("Tractebel"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Tractebel, dated as of January 26, 1998, and transfers 
the Transactions thereunder to the ISDA Master Agreement between ENA and 
Tractebel, dated as of December 9, 1997. 

 We have received the executed Transfer and Termination Agreement between ENA 
and TXU Energy Trading Company ("TXU"), f/k/a Enserch Energy Services, Inc., 
dated effective as of January 1, 2000.   This agreement terminates the ISDA 
Master Agreement between Columbia and TXU, dated as of January 26, 1998, and 
transfers the Transactions thereunder to the ISDA Master Agreement between 
ENA and TXU, dated as of October 19, 1995. 

 We have received the executed Transfer and Termination Agreement between ENA 
and Western Gas Resources, Inc. ("Western Gas"), dated effective as of 
January 1, 2000.   This agreement terminates the ISDA Master Agreement 
between Columbia and Western Gas, dated as of March 20, 1998, and transfers 
the Transactions thereunder to the Master Agreement between ENA and Western 
Gas, dated as of March 1, 1994.

 We have received the executed Transfer and Termination Agreement between ENA 
and Williams Energy Marketing & Trading Company ("Williams"), f/k/a Williams 
Energy Services Company, f/k/a Williams Energy Derivatives and Trading 
Company, dated effective as of January 1, 2000.   This agreement terminates 
the ISDA Master Agreement between Columbia and Williams, dated as of February 
8, 1998, and transfers the Transactions thereunder to the ISDA Master 
Agreement between ENA and Williams, dated as of June 18, 1993.   




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